October 9, 2024

Artificial Intelligence (AI) in Manufacturing Market Size Analysis 2023 To 2032

The global artificial intelligence (AI) in manufacturing market size accounted for US$ 3.8 Bn in 2022 and is projected to reach around USD 68.36 Bn by 2032, growing at a CAGR of 33.5% from 2023 to 2032.

Artificial Intelligence (AI) in Manufacturing Market Size 2023 To 2032

Key Takeaways:

  • North America had the largest share of the market in 2022.
  • Asia Pacific is expected to expand at the fastest CAGR between 2023 to 2032.
  • By Offering, the software segment captured more than 32% of revenue share in 2022.
  • By Technology, the computer vision segment is projected to register a significant CAGR from 2023 to 2032.
  • By Application, the predictive maintenance and machinery inspection segment is estimated to hold a significant share of the market between 2023 to 2032.
  • By Industry, the medical devices segment is predicted to hold the largest share of the market between 2023 to 2032.

Report Summary

The global artificial intelligence (AI) in manufacturing market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the artificial intelligence (AI) in manufacturing market across the globe.

A comprehensive estimate on the artificial intelligence (AI) in manufacturing market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of artificial intelligence (AI) in manufacturing during the forecast period. Price point comparison by region with global average price is also considered in the study.

Download Access to a Free Copy of Our Latest Sample Report@ https://www.precedenceresearch.com/sample/3090

Artificial Intelligence (AI) in Manufacturing Market Report Scope

Report CoverageDetails
Market Size in 2023USD 5.07 Billion
Market Size by 2032USD 68.36 Billion
Growth Rate from 2023 to 2032CAGR of 33.5%
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Offering, By Technology, By Application, and By Industry
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized artificial intelligence (AI) in manufacturing market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read:  Emission Control Technology Market Size Analysis 2023 To 2032

Artificial Intelligence (AI) in Manufacturing Market Players

The report includes the profiles of key artificial intelligence (AI) in manufacturing market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • Mitsubishi Electric Corporation
  • NVIDIA Corporation
  • Intel Corporation
  • Siemens AG
  • International Business Management Corporation
  • Oracle Corporation
  • Robert Bosch GMBH
  • Cisco Systems Inc.

Market Segmentation

By Offering

  • Hardware
  • Software
  • Services

By Technology

  • Machine Learning
  • Context Awareness
  • Natural Language Processing
  • Computer Vision

By Application

  • Process Control
  • Quality Control
  • Logistics and Inventory Management
  • Predictive Maintenance and Machinery Inspection
  • Production Planning
  • Others

By Industry

  • Automotive
  • Medical Devices
  • Semiconductor and Electronics
  • Energy and Power
  • Heavy Metal and Machine Manufacturing
  • Others

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Artificial Intelligence (AI) in Manufacturing Market 

5.1. COVID-19 Landscape: Artificial Intelligence (AI) in Manufacturing Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Artificial Intelligence (AI) in Manufacturing Market, By Offering

8.1. Artificial Intelligence (AI) in Manufacturing Market, by Offering, 2023-2032

8.1.1. Hardware

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Software

8.1.2.1. Market Revenue and Forecast (2020-2032)

8.1.3. Services

8.1.3.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Artificial Intelligence (AI) in Manufacturing Market, By Technology

9.1. Artificial Intelligence (AI) in Manufacturing Market, by Technology, 2023-2032

9.1.1. Machine Learning

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Context Awareness

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Natural Language Processing

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Computer Vision

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Artificial Intelligence (AI) in Manufacturing Market, By Application 

10.1. Artificial Intelligence (AI) in Manufacturing Market, by Application, 2023-2032

10.1.1. Process Control

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Quality Control

10.1.2.1. Market Revenue and Forecast (2020-2032)

10.1.3. Logistics and Inventory Management

10.1.3.1. Market Revenue and Forecast (2020-2032)

10.1.4. Predictive Maintenance and Machinery Inspection

10.1.4.1. Market Revenue and Forecast (2020-2032)

10.1.5. Production Planning

10.1.5.1. Market Revenue and Forecast (2020-2032)

10.1.6. Others

10.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Artificial Intelligence (AI) in Manufacturing Market, By Industry 

11.1. Artificial Intelligence (AI) in Manufacturing Market, by Industry, 2023-2032

11.1.1. Automotive

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Medical Devices

11.1.2.1. Market Revenue and Forecast (2020-2032)

11.1.3. Semiconductor and Electronics

11.1.3.1. Market Revenue and Forecast (2020-2032)

11.1.4. Energy and Power

11.1.4.1. Market Revenue and Forecast (2020-2032)

11.1.5. Heavy Metal and Machine Manufacturing

11.1.5.1. Market Revenue and Forecast (2020-2032)

11.1.6. Others

11.1.6.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Artificial Intelligence (AI) in Manufacturing Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Offering (2020-2032)

12.1.2. Market Revenue and Forecast, by Technology (2020-2032)

12.1.3. Market Revenue and Forecast, by Application (2020-2032)

12.1.4. Market Revenue and Forecast, by Industry (2020-2032)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.1.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.1.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.1.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Offering (2020-2032)

12.1.6.2. Market Revenue and Forecast, by Technology (2020-2032)

12.1.6.3. Market Revenue and Forecast, by Application (2020-2032)

12.1.6.4. Market Revenue and Forecast, by Industry (2020-2032)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Offering (2020-2032)

12.2.2. Market Revenue and Forecast, by Technology (2020-2032)

12.2.3. Market Revenue and Forecast, by Application (2020-2032)

12.2.4. Market Revenue and Forecast, by Industry (2020-2032)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.2.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.2.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.2.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Offering (2020-2032)

12.2.6.2. Market Revenue and Forecast, by Technology (2020-2032)

12.2.6.3. Market Revenue and Forecast, by Application (2020-2032)

12.2.6.4. Market Revenue and Forecast, by Industry (2020-2032)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Offering (2020-2032)

12.2.7.2. Market Revenue and Forecast, by Technology (2020-2032)

12.2.7.3. Market Revenue and Forecast, by Application (2020-2032)

12.2.7.4. Market Revenue and Forecast, by Industry (2020-2032)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Offering (2020-2032)

12.2.8.2. Market Revenue and Forecast, by Technology (2020-2032)

12.2.8.3. Market Revenue and Forecast, by Application (2020-2032)

12.2.8.4. Market Revenue and Forecast, by Industry (2020-2032)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Offering (2020-2032)

12.3.2. Market Revenue and Forecast, by Technology (2020-2032)

12.3.3. Market Revenue and Forecast, by Application (2020-2032)

12.3.4. Market Revenue and Forecast, by Industry (2020-2032)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.3.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.3.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.3.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Offering (2020-2032)

12.3.6.2. Market Revenue and Forecast, by Technology (2020-2032)

12.3.6.3. Market Revenue and Forecast, by Application (2020-2032)

12.3.6.4. Market Revenue and Forecast, by Industry (2020-2032)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Offering (2020-2032)

12.3.7.2. Market Revenue and Forecast, by Technology (2020-2032)

12.3.7.3. Market Revenue and Forecast, by Application (2020-2032)

12.3.7.4. Market Revenue and Forecast, by Industry (2020-2032)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Offering (2020-2032)

12.3.8.2. Market Revenue and Forecast, by Technology (2020-2032)

12.3.8.3. Market Revenue and Forecast, by Application (2020-2032)

12.3.8.4. Market Revenue and Forecast, by Industry (2020-2032)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Offering (2020-2032)

12.4.2. Market Revenue and Forecast, by Technology (2020-2032)

12.4.3. Market Revenue and Forecast, by Application (2020-2032)

12.4.4. Market Revenue and Forecast, by Industry (2020-2032)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.4.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.4.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.4.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Offering (2020-2032)

12.4.6.2. Market Revenue and Forecast, by Technology (2020-2032)

12.4.6.3. Market Revenue and Forecast, by Application (2020-2032)

12.4.6.4. Market Revenue and Forecast, by Industry (2020-2032)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Offering (2020-2032)

12.4.7.2. Market Revenue and Forecast, by Technology (2020-2032)

12.4.7.3. Market Revenue and Forecast, by Application (2020-2032)

12.4.7.4. Market Revenue and Forecast, by Industry (2020-2032)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Offering (2020-2032)

12.4.8.2. Market Revenue and Forecast, by Technology (2020-2032)

12.4.8.3. Market Revenue and Forecast, by Application (2020-2032)

12.4.8.4. Market Revenue and Forecast, by Industry (2020-2032)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Offering (2020-2032)

12.5.5.2. Market Revenue and Forecast, by Technology (2020-2032)

12.5.5.3. Market Revenue and Forecast, by Application (2020-2032)

12.5.5.4. Market Revenue and Forecast, by Industry (2020-2032)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Offering (2020-2032)

12.5.6.2. Market Revenue and Forecast, by Technology (2020-2032)

12.5.6.3. Market Revenue and Forecast, by Application (2020-2032)

12.5.6.4. Market Revenue and Forecast, by Industry (2020-2032)

Chapter 13. Company Profiles

13.1. Mitsubishi Electric Corporation

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. NVIDIA Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Intel Corporation

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Siemens AG

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. International Business Management Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Oracle Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Robert Bosch GMBH

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Cisco Systems Inc.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Emailsales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.pharma-geek.com