The artificial intelligence (AI) market share in manufacturing industry is expected to increase by USD 7.87 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 28%.
This artificial intelligence (AI) market in manufacturing industry research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers artificial intelligence (AI) market in manufacturing industry segmentations by application (predictive maintenance and machine inspection, production planning, quality control, and others) and geography (APAC, North America, Europe, South America, and MEA). The artificial intelligence (AI) market in manufacturing industry report also offers information on several market vendors, including Alphabet inc., General Electric Co., intel Corp., Landing ai, Microsoft Corp., Oracle Corp., SAP SE, Siemens AG, international Business Machines Corp., and Amazon Web Services inc. among others.
What will the Artificial Intelligence (AI) Market Size in Manufacturing Industry be During the Forecast Period?
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Significantly, many companies are already investing in the France artificial intelligence (AI) in manufacturing and supply chain activities.
Artificial Intelligence (AI) Market in Manufacturing Industry: Key Drivers, Trends, and Challenges
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 the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the artificial intelligence (AI) industry in manufacturing. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major Artificial Intelligence (AI) Market Vendors in Manufacturing Industry?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 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.
This statistical study of the artificial intelligence (AI) market in manufacturing industry encompasses successful business strategies deployed by the key vendors. The artificial intelligence (AI) market in manufacturing industry is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Product Insights and News
- Alphabet Inc. - The company offers Artificial Intelligence (AI) to products and to new domains, and developing tools to ensure that everyone can access AI.
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.
The artificial intelligence (AI) market in manufacturing industry forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Artificial Intelligence (AI) Market in Manufacturing Industry Value Chain Analysis
Our report provides extensive information on the value chain analysis for the artificial intelligence (AI) market in manufacturing industry, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Artificial Intelligence (AI) Market in Manufacturing industry?
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38% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the artificial intelligence (AI) market in manufacturing industry in APAC. Market growth in this region will be faster than the growth of the market in other regions. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What are the Revenue-generating Application Segments in the Artificial Intelligence (AI) Market in Manufacturing Industry?
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The artificial intelligence (AI) market share growth in manufacturing industry by the predictive maintenance and machine inspection segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the artificial intelligence (AI) market in manufacturing industry size and actionable market insights on post COVID-19 impact on each segment.
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Artificial Intelligence (AI) Market Scope in Manufacturing Industry |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 28% |
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Market growth 2021-2025 |
$ 7.87 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
23.50 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 38% |
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Key consumer countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alphabet inc., General Electric Co., intel Corp., Landing ai, Microsoft Corp., Oracle Corp., SAP SE, Siemens AG, international Business Machines Corp., and Amazon Web Services inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data 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) industry in manufacturing 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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