AI in Manufacturing Market
AI in Manufacturing Market - Global Industry Assessment & Forecast
Segments Covered
- By Offering Hardware, Software, Services
- By Technology Machine Learning, Natural Language Processing, Context-aware Computing, Computer Vision
- By Application Predictive Maintenance and Machinery Inspection, Material Movement, Production Planning, Field Services, Quality Control, Cybersecurity, Industrial Robots, Reclaimation
- By Industry Automobile, Energy and Power, Pharmaceuticals, Heavy Metals and Machine Manufacturing, Semiconductors and Electronics, Food & Beverages, Others
- By Regions North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 2243.75 Million |
Revenue 2030: | USD 61941.48 Million |
Revenue CAGR (2023 - 2030): | 51.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for AI in Manufacturing in terms of revenue?
-
The global AI in Manufacturing valued at USD 2243.75 Million in 2022 and is expected to reach USD 61941.48 Million in 2030 growing at a CAGR of 51.40%.
Which are the prominent players in the market?
-
The prominent players in the market are NVIDIA Corporation (US), IBM Corporation (US), Alphabet Inc. (Google) (US), Microsoft Corporation (US), Intel Corporation (US), Siemens AG (Germany), General Electric Company (US), General Vision Inc. (US), Progress Software Corporation (US), Micron Technology Inc.(US), Mitsubishi Electric Corporation (Japan), Sight Machine (US), Cisco Systems Inc. (US), SAP SE (Germany), Rockwell Automation Inc. (US), AIBrain Inc. (US), Vicarious Inc. (US),Oracle Corporation (US), Amazon Web Services (US), SparkCognition Inc. (US), Rethink Robotics (Germany), UBTECH Robotics Corp. (China), Aquant Inc. (Israel), Bright Machines (US), and Flutura Decision Sciences & Analytics (India)..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 51.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the AI in Manufacturing include
- Evolving Industrial IoT and automation
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the AI in Manufacturing in 2022.