Artificial Industrial in Manufacturing usually refers to the application of artificial intelligence to industry. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial pain-points for customer value creation, productivity improvement, and insight discovery.
Artificial intelligence (AI) is just now finding its niche in manufacturing, as the technology matures and costs drop—and as manufacturers discover applications for which AI algorithms can make complex decisions. And as it becomes ubiquitous, the future of artificial intelligence in manufacturing is already becoming feasible in emerging markets; showcasing better sensory capabilities; and, off the factory floor, predicting what will be needed and when.
AI certainly is making robots more capable and easier for humans to collaborate with. But it will have an impact in areas that have nothing to do with robotics. In the supply chain, for example, algorithms can perceive patterns of demand for products across time, geographic markets, and socioeconomic segments while accounting for macroeconomic cycles, political developments, and even weather patterns. The output can be a projection of market demand, which in turn could drive raw material sourcing, human staffing, financing decisions, inventory, maintenance of equipment, and energy consumption.
The growth of this market is driven by growing usage of big data technology and industrial IoT in the manufacturing industry, extensive usage of robotics, increased in usage of computer vision technology by manufacturing companies, cross-industry partnerships, and significant increase in venture capital investments.
The Artificial Industrial in Manufacturing market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2021 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Artificial Industrial in Manufacturing.
This report covers the present status and the future prospects of the global Artificial Industrial in Manufacturing market for 2015-2026.
The report offers detailed coverage of Artificial Industrial in Manufacturing industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Artificial Industrial in Manufacturing by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Intel Corporation, Siemens AG, IBM Corporation, Alphabet Inc, Microsoft Corporation, Cisco Systems, Inc, General Electric Company, Data RPM, Sight Machine, General Vision, Inc, Rockwell, Automation Inc, Mitsubishi Electric Corporation, Oracle Corporation, SAP SE
Market Segment as follows:
Market by Order Type
Hardware
Software
Artificial Industrial in Manufacturing Breakdown Data by Application
Semiconductor and Electronics
Energy and Power
Pharmaceuticals
Automobile
Heavy Metals and Machine Manufacturing
Food and Beverages
Others (Textiles & Aerospace)
Artificial Industrial in Manufacturing market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Artificial Industrial in Manufacturing market for the forecast period 2021 - 2026?
• What are the driving forces in the Artificial Industrial in Manufacturing market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Artificial Industrial in Manufacturing industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.