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Artificial Intelligence (AI) in Manufacturing Market Size, Growth, Demands Outlook and Forecasts to 2032

According to the research report, the global artificial intelligence (AI) in manufacturing market size is expected to touch USD 68.36 Billion by 2032, from USD 3.8 Billion in 2022, growing with a significant 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.

The artificial intelligence (AI) in manufacturing report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global artificial intelligence (AI) in manufacturing in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global artificial intelligence (AI) in manufacturing market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global artificial intelligence (AI) in manufacturing during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

Sample Link @ https://www.precedenceresearch.com/sample/3090

This study covers a detailed segmentation of the global artificial intelligence (AI) in manufacturing market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global artificial intelligence (AI) in manufacturing market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

  • 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

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Research Methodology

The research methodology adopted by analysts for compiling the global artificial intelligence (AI) in manufacturing report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global artificial intelligence (AI) in manufacturing market.

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

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