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The artificial intelligence in manufacturing market size is estimated to reach USD 20.8 billion by 2028 from USD 3.2 billion in 2023, growing at a CAGR of 45.6% between 2023 to 2028.
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Artificial Intelligence in Manufacturing Market by Offering, Technology, End User and Key Players 2028
Scope of The Report Research report categorizes the Artificial Intelligence in Manufacturing Market based on Offering, Technology, Application, Industry, and Region. Global Artificial Intelligence in Manufacturing Market Dynamics DRIVER: Rising need to handle increasingly large and complex dataset RESTRAINT: Reluctance among manufacturers to adopt AI-based technologies OPPORTUNITY: Application of AI-driven machine learning and NLP for intelligent enter prise processes And More… CHALLENGE: Lack of skilled workforce, especially in developing countries
Key Segments The artificial intelligence in manufacturing market size is estimated to reach USD 20.8 billion by 2028 from USD 3.2 billion in 2023, growing at a CAGR of 45.6% between 2023 to 2028. 1 The AI in manufacturing industry is witnessing significant growth because of the extensive usage of big data, industrial robots, and the evolution of the Internet of Things (IoT), along with a few macro drivers such as emphasis on value creation and experiential customers. 2 Browse 208 market data Tables and 67 Figures spread through 280 Pages and in-depth TOC on "Artificial Intelligence in Manufacturing Market” 3 Hardware segment to grow with higher CAGR during the forecast period. Computer vision technology segment to grow with higher CAGR during the for ecast period. 4 Predictive maintenance & Machinery Inspection to hold largest market share th rough the forecast period. 5 Automotive industry to hold largest market share in 2023. Asia Pacific is anticipated to grow at the highest CAGR during the forecast period.
Artificial Intelligence in Manufacturing Market Growth Rate 2028 2023 CAGR of 45.6% Market Size of $ 3.2 billion Market Size of $ 20.8 billion
Key Market Players Key Players Siemens (Germany), IBM (US), Intel Corporation (US), NVIDIA Corporation (US), General Electric Company (US). • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/artifici al-intelligence-manufacturing-market-72679105.html
Top Region.. North America • Europe • APAC • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-manufacturing- market-72679105.html
Frequently Asked Questions (FAQ) in Our Report 1. What will be the global artificial intelligence in manufacturing market size in 2023? 2. Who are the global artificial intelligence in manufacturing market winners? 3. Which region is expected to hold the highest global artificial intelligence in manufacturing mark et share? 4. What are the major drivers of the artificial intelligence in manufacturing market share? 5. What are the major strategies adopted by artificial intelligence in manufacturing companies?
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