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The Surge Of AI Adoption In Manufacturing: A Significant Driver Propelling The Artificial Intelligence (AI) In Industrial Machinery Market In 2025
Artificial Intelligence (AI) In Industrial Machinery
What Is the Artificial Intelligence (AI) In Industrial Machinery Market Size and Projected Growth Rate?
The Artificial Intelligence (AI) In Industrial Machinery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Artificial Intelligence (AI) In Industrial Machinery Market Size and Projected Growth Rate?
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What Are the Major Segments in the Artificial Intelligence (AI) In Industrial Machinery Market?
The artificial intelligence (AI) in industrial machinery market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Technology: Machine Learning, Computer Vision, Context Awareness, Natural Language Processing
3) By Application: Predictive Maintenance, Quality Control, Process Optimization, Supply Chain Optimization, Intelligent Robotics, Autonomous Vehicles And Guided Systems, Energy Management, Human-Machine Interfaces, Other Applications
4) By End-Use: Commercial, Agriculture, Construction, Packaging, Food Processing, Mining, Semiconductor Manufacturing
Subsegments:
1) By Hardware: AI-Enabled Sensors, Robotics And Automation Equipment, Edge Computing Devices
2) By Software: Machine Learning Algorithms, AI-Driven Analytics Platforms, Simulation And Modeling Software
3) By Services: AI Consulting Services, Integration And Implementation Services, Maintenance And Support Services
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What Are The Driving Artificial Intelligence (AI) In Industrial Machinery Market Evolution?
The escalating deployment of artificial intelligence (AI) in the industrial realm signals a likely surge in the growth of AI in the industrial machinery market. Playing a vital role in the economy, the industrial sector comprises entities that aid other businesses in producing, supplying, or developing their products. Artificial intelligence elevates industrial procedures, foresees equipment issues, and enhances advanced services; thus yielding heightened efficiency, expedited problem detection, and diminished equipment breakdown for manufacturers. For example, as per a report issued by the United States Census Bureau-a federal statistical agency from the US, in March 2024, there has been a rapid increase in AI adoption, rising from 3.7% of businesses in Fall 2023 to 5.4% in February 2024. Predictions suggest an escalation to 6.6% by Fall 2024, while estimates based on employment-weighted usage rate propose that approximately 12% of employees working in firms will be utilizing AI by that period. Hence, this expanding use of AI in the industrial realm is fueling the AI in industrial machinery market.
Which Firms Dominate The Artificial Intelligence (AI) In Industrial Machinery Market Segments?
Major companies operating in the artificial intelligence (AI) in industrial machinery market include Microsoft Corporation, Hitachi Ltd., Amazon Web Services Inc., Siemens AG, Intel Corporation, International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Honeywell International Inc., SAP SE, ABB Ltd., NVIDIA Corporation, Rockwell Automation Inc., FANUC Corporation, Autodesk Inc., Arista Networks Private Limited, Pegasystems Inc., UiPath, Automation Anywhere Inc., Blue Prism Limited., C3.ai Inc., DataRobot Inc., Appen Limited, H2O.ai, Dataiku, WorkFusion Inc., Alphasense Inc., CrowdFlower Inc., Suki.AI, Clarifai Inc.
What Trends Are Expected to Dominate the Artificial Intelligence (AI) In Industrial Machinery Market in the Next 5 Years?
A major trend picking up steam in the AI in industrial machinery sector is Product Innovation. To fortify their market standing, top firms in this market are zeroing in on the creation of groundbreaking products. For instance, in November 2022, Advantech Co. Ltd., a company based in Taiwan and known for its work in machine automation, Intelligent IoT systems, and embedded computing, teamed up with Actility, a French company specializing in next-gen IoT connectivity solutions. Together, they introduced an unparalleled, AI-infused solution tailored for rotating machines. This cutting-edge solution leverages the power of the robust WISE-6610 LoRaWAN gateway, the innovative Advantech WISE-2410 vibration sensor, the advanced Advantech iMachine or Predictive and Health Management (PHM) application, and Actility's ThingPark Enterprise IoT network management platform. It aids the machine operation crew in carrying out machine health monitoring and predictive analysis. This solution facilitates users to supervise the condition of numerous machines at one location owing to the machine health index in real-time, encompassing ISO 10816 and wear and tear levels.
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Which Is The Largest Region In The Artificial Intelligence (AI) In Industrial Machinery Market?
North America was the largest region in the artificial intelligence (AI) in industrial machinery market in 2024. The regions covered in the artificial intelligence (AI) in industrial machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) In Industrial Machinery Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) In Industrial Machinery Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) In Industrial Machinery Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) In Industrial Machinery Market?
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