Global AI in Manufacturing Market - Forecast & Opportunities to 2026

  • Report Code : SMA2286662
  • Published On: Feb, 2021
  • Category : Semiconductors
  • Pages : 183

Get in-depth COVID-19 impact and recovery analysis on the Global AI in Manufacturing Market

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  • The global artificial intelligent in manufacturing market was a valued at USD 0.9 billion in 2019. It is projected to grow at a CAGR of 47.2% during forecast period.

    COVID-19 has impacted artificial intelligent in manufacturing market. This pandemic has disrupted the supply chain and timely devilry of finished products. This has made all industries to reconsider and adapt to the global supply chain model. The production of many industries was halted. The new technology upgrade for many industries has been postponed to recover losses due to lockdown. The growth in AI is totally dependent on growth in manufacturing units. Due to corona virus pandemic manufacturing units upgrade is on halt thus the growth AI in manufacturing unit is expected to be slow. AI market is affected negatively by COVID-19.

    Definition:

    Artificial intelligence is becoming fastest growing technologies in few years. AI is associated with human intelligence with similar characteristics such as reasoning, leaning, problem solving, language understanding and others.

    Market Dynamics (Drivers/Opportunities):

    The industrial internet of things is gaining immense popularity these days. The IIoT plays a crucial role in adoption of AI-based technology in manufacturing units. It makes manufacturing process productive, efficient innovative by enabling architecture to provide real-time information about operational and business systems. This drives growth in artificial intelligent in manufacturing market.

    The evolution in IIoT systems has driven growth in artificial intelligent in manufacturing market. The IIoT evolution has lead to evolution of manufacturing units which leads to AI growth in production units. The major companies are upgrading their manufacturing plant leads to increase in AI market.

    Market Insights, by Offerings

    On the basis of offerings, the AI in manufacturing market is segmented into Hardware, software and services. The Hardware segment is projected to account for maximum market share during the forecast period. The AI manufacturers provide hardware components for technologies such as machine vision cameras, connected cars and IoT. This helps companies in transferring the technology easily and develops the AI hardware. This is growth attributing factor in hardware segment during the forecast period.

    Market Insights, by Technology

    On the basis of technology, the AI in manufacturing market is segmented into machine learning, natural language processing, computer vision, context-aware computing. The machine learning is further segmented into deep learning, supervised learning, unsupervised learning and others. The deep learning is expected to register growth at highest CAGR during the forecast period. The deep learning technology has sight wide adoption in various manufacturing applications. This is driving growth in deep learning segment.

    Market Insights, by Application

    On the basis of application, the AI in manufacturing market is segmented into predictive maintenance & machinery inspection, material movement, production planning, quality control, cyber security, reclaimation and industrial robots. The predictive maintenance & machinery inspection segment is expected to register growth at highest CAGR during the forecast period. The use of vision cameras in machinery inspection is increasing extensively along with increase in use of big data in manufacturing units across the world. This is attributing growth in predictive maintenance & machinery inspection segment during the forecast period.

    Regional Insights

    Asia-Pacific region is expected to register growth at highest CAGR during the forecast period. The presence of large number of manufacturers in countries like china and Japan along with strong presence of semiconductors, electronics and automobile manufacturers is primary growth driver in Asia-Pacific region.

    Key Companies & Market Share Insights

    The key market players in AI in manufacturing market are IBM, Alphabet Inc., Google, Microsoft, NVIDIA, Intel, Siemens AG, General Electric Company, Micron Technology, Mitsubishi Electric Corporation, SAP SE, Rockwell Automation, Oracle, Amazon Web, AIBrain Spark Cognition Inc. and Cisco System.

     

  • With tables and figures helping analyze worldwide Global AI in Manufacturing market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Research Framework
    Market Definition and Product Overview
    Market Segmentation
    Research Methodology
    Qualitative Research
    Primary & Secondary Sources
    Quantitative Research
    Primary & Secondary Sources
    Breakdown of Primary Research Respondents, By Region
    Secondary Research
    Primary Research
    Breakdown of Primary Research Respondents, By Industry Participants
    Market Size Estimation
    Assumption for the Study
    Market Breakdown & Data Triangulation
    Executive Summary
    Market Snapshot
    Industry Insights
    Industry ecosystem analysis
    Value Chain Analysis
    Industry impact and forces
    Growth Drivers
    Challenges &Restraints
    Opportunities
    Disruptive Technological Analysis
    Regulatory framework
    North America
    Europe
    Asia Pacific
    Middle East & Africa
    South America
    Growth potential analysis, 2019
    Porter’s Five forces analysis
    Pricing Analysis
    North America
    Europe
    Asia Pacific
    Middle East & Africa
    South America
    COVID – Impact Analysis
    North America
    Europe
    Asia Pacific
    Middle East & Africa
    South America
    AI in Manufacturing Market, By Offerings, Market Size & Forecast To 2026
    (USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
    Introduction
    Hardware
    Software
    Services
    AI in Manufacturing Market, By Technology, Market Size & Forecast To 2026
    (USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
    Introduction
    Machine Learning
    Natural Language Processing
    Computer Vision
    Context-Aware Computing
    AI in Manufacturing Market, By Application, Market Size & Forecast To 2026
    (USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
    Introduction
    Predictive Maintenance & Machinery Inspection
    Material Movement
    Production Planning
    Quality Control
    Cyber Security
    Reclaimation
    Industrial Robots.
    AI in Manufacturing Market, By Region, Market Size & Forecast To 2026
    (USD Million 2017,2018, 2019, 2020, 2021-e-2026-p)
    Introduction
    North America Market Size & Forecast To 2026
    Market Overview
    COVID-19 Impact
    By Offerings
    By Technology
    By Application
    By Country
    USA
    By Application
    Canada
    Mexico
    South America Market Size & Forecast To 2026
    Market Overview
    COVID-19 Impact
    By Offerings
    By Technology
    By Application
    By Country
    Brazil
    By Application
    Argentina
    Chile
    Rest of South America
    Europe Market Size & Forecast To 2026
    Market Overview
    COVID-19 Impact
    By Offerings
    By Technology
    By Application
    By Country
    UK
    By Application
    Germany
    France
    Italy
    Rest of Europe
    APAC Market Size & Forecast To 2026
    Market Overview
    COVID-19 Impact
    By Offerings
    By Technology
    By Application
    By Country
    China
    By Application
    India
    Japan
    South Korea
    Australia
    Rest of APAC
    Middle East & Africa Market Size & Forecast To 2026
    Market Overview
    COVID-19 Impact
    By Offerings
    By Technology
    By Application
    By Country
    Saudi Arabia
    By Application
    UAE
    Qatar
    Kuwait
    South Africa
    Rest of Middle East & Africa
    Competitive Landscaping
    Competitive Benchmarking
    Market Share Analysis, 2019
    Global Presence and Growth Strategies
    Mergers & Acquisitions
    New Product Launches
    Investments Trends
    R&D Initiatives
    Company Profile
    Cisco System
    Company Overview
    Financial Overview
    Product Portfolio
    Recent Developments
    SWOT Analysis
    Strategic Outlook
    IBM
    Alphabet Inc.
    Google
    Microsoft
    NVIDIA
    Intel
    Siemens AG
    General Electric Company
    Micron Technology
    Mitsubishi Electric Corporation
    SAP SE
    Rockwell Automation
    Oracle
    Amazon Web
    AIBrain Spark Cognition Inc
    Appendix
    Interrelated Market

     

  • The Global AI in Manufacturing Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • IBM
    • Alphabet Inc.
    • Google
    • Microsoft
    • NVIDIA
    • Intel
    • Siemens AG
    • General Electric Company
    • Micron Technology
    • Mitsubishi Electric Corporation
    • SAP SE
    • Rockwell Automation
    • Oracle
    • Amazon Web
    • AIBrain Spark Cognition Inc. and Cisco System
    By Regions:
      By Type:
        By Application:
        Licensing options
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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