Artificial Intelligence In Manufacturing Market size is estimated to be valued USD 3.2 billion in 2023 and is anticipated to reach USD 20.8 billion by 2028, at a CAGR of 45.6% during the forecast period waves in the manufacturing sector, and recent news highlights its positive impact. Here are some content ideas to explore:
Increased Efficiency and Productivity:
- Headline: AI in Manufacturing: Robots Get Smarter, Humans Get Upskilled
- Content: Focus on how AI is automating repetitive tasks, freeing up human workers for higher-level problem-solving and innovation. Discuss how this two-pronged approach is boosting productivity.
Predictive Maintenance and Quality Control:
- Headline: Factories of the Future: AI Predicts Problems Before They Happen
- Content: Explore how AI analyzes sensor data to predict equipment failures and identify potential quality issues before they disrupt production.
- Sources: You can find industry reports or case studies about companies implementing this technology.
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Innovation and New Product Development:
- Headline: AI Goes Beyond Efficiency: How It’s Fueling Manufacturing Innovation
- Content: Discuss how AI is being used for product design and optimization, allowing manufacturers to create better products and get them to market faster. Mention generative AI tools that can create new design concepts.
- Sources: Look for articles about companies using AI for design, like Siemens’ AI-powered robot for prototype manufacturing.
1 INTRODUCTION (Page No. — 36)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES….
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY (Page No. — 41)
2.1 RESEARCH DATA
FIGURE 1 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Breakdown of primaries
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using bottom-up analysis
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE APPROACH)
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY (Page No. — 53)
FIGURE 8 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, 2019−2028 (USD MILLION)
FIGURE 9 SOFTWARE OFFERINGS TO CAPTURE LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 10 MACHINE LEARNING TECHNOLOGY TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 11 PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION APPLICATION TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
FIGURE 12 AUTOMOTIVE INDUSTRY ACCOUNTED FOR LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2022
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DURING FORECAST PERIOD
Industry InsightThe take of global artificial intelligence (AI) in the manufacturing market 2020 recorded by Market Research Future reveals that the market can hit 47.09% to the net worth with USD 14.77 billion by 2024 amid the long-term impact of COVID-19.
The years of growth is calculated to be from 2019-2024.Top Grossing FactorsThe global artificial intelligence in the manufacturing market has gathered pace in its growth amid COVID-19 breakthrough with rapidly evolving industrial automation and IoT, at present.
Artificial intelligence is allied with human intelligence with similar characteristics such as understanding, problem-solving, reasoning, language, and learning.
All these factors are cheering the adoption of artificial intelligence solutions among the manufacturers to process the data and extract actionable insights.Furthermore, the factor of enhancement in automation in the manufacturing industry and the rise in demand for big data integration boost the escalation of artificial intelligence in the manufacturing market.
With this, prevalent usage of machine vision cameras in manufacturing applications, such as material movement, machinery inspection, quality control, and field service, is also to drive the growth of artificial intelligence in the manufacturing market for the forecast period.Segmentation of Market: Artificial Intelligence in ManufacturingThe study by MRFR also digs some segmentation of the global artificial intelligence in the manufacturing market, which has been done through the component, technology, application, and vertical.In terms of component segment, the market has included software, hardware, and services.
In the last segment, the services segment also has a breakdown into support & maintenance and deployment & integration.In terms of the technology segment, the market has included natural language processing, machine learning & deep learning, computer vision, and context-aware computing.In terms of the application segment, the market has included supply chain management, predictive maintenance, field services, IT management, robotics, quality control, and others.In terms of vertical segment, the market has included aerospace & defense, automobile, semiconductor & electronics, energy & power, pharmaceuticals, food & beverage, and others.Complete Report Details @ https://www.marketresearchfuture.com/reports/artificial-intelligence-ai-in-manufacturing-market-7745Regional AnalysisMarket Research Future (MRFR) study has covered some key countries in the regional analysis of artificial intelligence (AI) in the manufacturing market—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America in the rest of the world.Artificial intelligence in the manufacturing market is currently led by the Asia-Pacific region as the primary economic countries such as India, China, the Philippines, and South Korea are the major manufacturing centers of electronics, semiconductors, pharmaceuticals, and energy & power.
Market AnalysisThe global artificial intelligence manufacturing market is poised to touch USD 14.77 billion at a notable 47.09% CAGR over the predicted years (2019-2024).
Right from better-designed products to significant cuts in unplanned downtime, manufacturers are using analytics to data that is AI-powered to improve the safety of employees, product quality, and efficiency.
On the contrary, scarcity of skilled expertise, high integrating price of AI-based solutions, privacy concerns, and data security are factors that may deter artificial intelligence in manufacturing market growth over the predicted years.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/7745Key Players:Artificial Intelligence (AI) in manufacturing is expected to be a growing market in the coming years owing to the presence of numerous large players active in the regional market.
The services segment is again segmented into support and maintenance and deployment and integration.
Of these, machine learning will domineer the market over the predicted years.Based on application, the artificial intelligence in manufacturing market is segmented into robotics, quality control, field services, IT management, supply chain management, predictive maintenance, and others.
Of these, the automobile will have a significant share in the market over the predicted years.Regional AnalysisBased on region, the artificial intelligence in manufacturing market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe, and North America.
