Artificial Intelligence (AI) Market in Manufacturing Industry Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR70613
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The artificial intelligence (AI) market in manufacturing industry value is projected to grow by USD 7.87 billion at a CAGR of 28% during 2021-2025.

The artificial intelligence (AI) market in manufacturing industry report extensively covers market segmentations by application (predictive maintenance and machine inspection, production planning, quality control, and others) and geography (APAC, North America, Europe, South America, and MEA) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Artificial Intelligence (AI) Market Size in Manufacturing Industry be in 2021?

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Artificial Intelligence (AI) Market in Manufacturing Industry: Key Drivers and Trends

The demand for automation to improve productivity is notably driving the artificial intelligence (AI) market growth in manufacturing industry, although factors such as integration challenges may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the artificial intelligence (AI) market in manufacturing industry get your FREE report sample now.

This artificial intelligence (AI) market in manufacturing industry analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Artificial Intelligence (AI) Market Vendors in Manufacturing Industry?

The artificial intelligence (AI) market in manufacturing industry forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Alphabet Inc.
  • General Electric Co.
  • Intel Corp.
  • Landing AI
  • Microsoft Corp.
  • Oracle Corp.
  • SAP SE
  • Siemens AG
  • International Business Machines Corp.
  • Amazon Web Services Inc.

 

The artificial intelligence (AI) market in manufacturing industry is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the artificial intelligence (AI) market in manufacturing industry forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Artificial Intelligence (AI) Market in Manufacturing Industry?

Artificial-Intelligence-(AI)-Market-In-Manufacturing-Industry-Market-Share-by-Region-2020-2025

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The artificial intelligence (AI) market in manufacturing industry size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 38% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for artificial intelligence (AI) market in manufacturing industry in APAC.

APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Evolving industrial IoT and big data integration has been identified as one of the chief factors that will drive the artificial intelligence (AI) market growth in manufacturing industry in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Artificial Intelligence (AI) Market in Manufacturing Industry?

Artificial-Intelligence-(AI)-Market-In-Manufacturing-Industry-Market-Share-by-Application-2020-2025

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The artificial intelligence (AI) market in manufacturing industry share growth by the predictive maintenance and machine inspection segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence (AI) market size in manufacturing industry. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Artificial Intelligence (AI) Market in Manufacturing Industry Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive artificial intelligence (AI) market growth in manufacturing industry during the next five years
  • Precise estimation of the artificial intelligence (AI) market size in manufacturing industry and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the artificial intelligence (AI) market in manufacturing industry across APAC, North America, Europe, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of artificial intelligence (AI) market vendors in manufacturing industry 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The artificial intelligence (ai) market in manufacturing industry market growth will increase by $7877.94 million during 2020-2025.
The artificial intelligence (ai) market in manufacturing industry market is expected to grow at a CAGR of 28.00% during 2020-2025.
Technavio has segmented the artificial intelligence (ai) market in manufacturing industry market by application (Predictive maintenance and machine inspection, Production planning, Quality control, and Others) and geographic (APAC, North America, Europe, South America, and MEA).
Alphabet Inc., Amazon Web Services Inc., General Electric Co., Intel Corp., International Business Machines Corp., Landing AI, Microsoft Corp., Oracle Corp., SAP SE, Siemens AG are a few of the key vendors in the artificial intelligence (ai) market in manufacturing industry market.
APAC will register the highest growth rate of 37.68% among the other regions. Therefore, the artificial intelligence (ai) market in manufacturing industry market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the artificial intelligence (ai) market in manufacturing industry market growth are:
  • Demand for automation to improve productivity
The artificial intelligence (ai) market in manufacturing industry market vendors should focus on grabbing business opportunities from the predictive maintenance and machine inspection segment as it accounted for the largest market share in the base year.
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