AI in Industrial Automation Market Expansion Fueled by Data-Driven Decision-Making and Operational Efficiency

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global AI in Industrial Automation Market - (By Type (Machine Learning, (Supervised Learning, Unsupervised Learning, Reinforcement Learning), Deep Learning (Convolutional Neural Networks (CNN), Recurrent Neural Networks (RNN), Generative Adversarial Networks (Gans)), Natural Language Processing (Sentiment Analysis, Language Translation, Speech Recognition), Computer Vision, (Object Detection, Image Classification, Video Analytics)), By Application (Predictive Maintenance, Quality Control And Inspection, Supply Chain Optimization, Industrial Robotics, Process Optimization, Safety And Security), By Industry Vertical (Manufacturing, Automotive, Energy And Utilities, Healthcare, Retail, Aerospace And Defense), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

According to the latest research by InsightAce Analytic, the Global AI in Industrial Automation Market is valued at USD 20.2 Bn in 2024, and it is expected to reach USD 111.8 Bn by the year 2034, with a CAGR of 18.8% during the forecast period of 2025-2034.

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The integration of artificial intelligence (AI) within industrial automation is fundamentally reshaping conventional manufacturing frameworks by enhancing operational efficiency, boosting productivity, and enabling real-time, data-driven decision-making. The expanding deployment of AI in combination with advanced robotics is anticipated to drive substantial growth in the AI-driven industrial automation market throughout the forecast period. This expansion is largely fueled by increasing demand for precision manufacturing, superior product quality, and cost-efficient operations across multiple industrial sectors.

Moreover, shifting consumer preferences toward AI-enabled solutions, coupled with rapid urbanization and rising disposable incomes, are expected to generate significant opportunities for market participants. Leading industry players are investing extensively in research and development, with continuous technological innovations across diverse applications unlocking new avenues for manufacturers and solution providers. In addition, favorable government policies and global initiatives promoting AI adoption in industrial settings are projected to further accelerate market growth and strengthen competitive positioning.

List of Significant Players in the AI in Industrial Automation Market:
• Siemens AG
• ABB Ltd.
• General Electric Company
• Mitsubishi Electrical Corporation
• Schneider Electric SE
• Rockwell Automation, Inc.
• IBM Corporation
• Honeywell International Inc.
• Fanuc Corporation
• Bosch Rexroth AG
• Cognex Corporation
• Kuka AG

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Market Dynamics
Drivers:
The global market for artificial intelligence (AI) in industrial automation is being propelled by the increasing demand for data-driven decision-making to enhance operational efficiency and product quality. Rising consumer expectations for precision manufacturing and high-quality outputs are contributing substantially to market growth. In addition, the growing emphasis on workplace safety and the reduction of occupational hazards-particularly through the deployment of AI-enabled technologies in high-risk industrial environments-is expected to further accelerate market expansion.

Challenges:
Despite favorable growth prospects, the market faces several challenges. Limited awareness and slower adoption of AI technologies in emerging economies represent significant barriers to widespread implementation. Moreover, the substantial capital investment required for integrating AI into existing industrial systems, coupled with underdeveloped infrastructure in certain regions, may constrain short-term growth. The economic disruptions caused by the COVID-19 pandemic further affected market progress by delaying investment initiatives, restricting funding for workforce training programs, and slowing the deployment of critical AI-based systems among leading industry stakeholders.

Regional Trends:
North America is projected to hold a significant share of the AI in industrial automation market, supported by a robust compound annual growth rate (CAGR) over the forecast period. Market expansion is driven by widespread adoption of AI solutions across sectors such as telecommunications, information technology, and manufacturing, alongside substantial research and development activities by key players.

Europe also maintains a strong market position, supported by its mature economic infrastructure and increasing integration of AI-enabled technologies. Strategic collaborations and partnerships among industry leaders are further fostering the adoption of AI applications, creating a conducive environment for sustained market growth in the region.

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Recent Developments:
• In April 2023, Microsoft and Siemens are using the cooperative capabilities of generative artificial intelligence (AI) to assist industrial enterprises in enhancing efficiency and fostering innovation across the engineering, product design, production, and operating lifecycles. To enhance cross-functional communication, the organizations are combining Siemens' product lifecycle management (PLM) Team centre software with Microsoft Teams, the language models in Azure OpenAI Service, and other Azure AI features.

Segmentation of AI in Industrial Automation Market-
By Type:
• Machine Learning
o Supervised Learning
o Unsupervised Learning
o Reinforcement Learning
• Deep Learning
o Convolutional Neural Networks (CNN)
o Recurrent Neural Networks (RNN)
o Generative Adversarial Networks (GANs)
• Natural Language Processing
o Sentiment Analysis
o Language Translation
o Speech Recognition
• Computer Vision
o Object Detection
o Image Classification
o Video Analytics
By Application:
• Predictive Maintenance
• Quality Control and Inspection
• Supply Chain Optimization
• Industrial Robotics
• Process Optimization
• Safety and Security
By Industry Vertical:
• Manufacturing
• Automotive
• Energy and Utilities
• Healthcare
• Retail
• Aerospace and Defense
• Other industries (agriculture, transportation, logistics, finance, etc.)
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa

Read Overview Report- https://www.insightaceanalytic.com/report/ai-in-industrial-automation-market/2739

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This release was published on openPR.