Artificial Intelligence in Manufacturing Market Scenario Highlighting Major Drivers & Trends, 2020-2027

GMI Research market report focuses on providing an overview of the industry through detailed market segmentation. The report has information related to the overview and scope of the market followed by the key drivers, restraints, and emerging trends in the market. This report is especially designed to include both qualitative and quantitative aspects of the industry in each region and country included in the study.

List of Significant Manufacturers in the Artificial Intelligence in Manufacturing Market include:

NVIDIA Corporation
Intel Corporation
IBM
Siemens
General Electric
Google
Microsoft
Micron Technology
Amazon Web Services, Inc.
Sight Machine

Artificial Intelligence in Manufacturing Market Drivers and Restraints:

The primary factors contributing to the growth of global artificial intelligence in the manufacturing market include rising venture capital investments and the vast availability of big data globally. Manufacturers from several industries such as automotive, food and beverages, pharmaceuticals, followed by energy & power, have adopted various artificial intelligence technologies. Moreover, the emerging demand for automation and the rapidly evolving industries and industrial IoT are promoting the manufacturers to opt for various AI-based technologies to capture the shifting demand of the target audience.

The strong demand for hardware platforms and rising requirements for high-computing processors to run a large range of AI software will further accelerate the market demand. In addition to this, the emerging demand for machine learning technologies and computer vision to inspect various machines, coupled with the increasing adoption of AI technologies in factories to decrease machine downtime, enhance productivity, and reduce operational cost, will motivate the end-users to opt for numerous AI technologies in the manufacturing process. The outbreak of the COVID-19 crisis will positively influence the market, particularly in 2020. The growing emphasis on staying at homes and maintaining social distance encourages the manufacturers to bring automation in the manufacturing processes to minimize the physical contact between the laborers, thereby reducing the possibilities of the spread of the coronavirus.

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Segmentation: Artificial Intelligence in Manufacturing Market

Artificial Intelligence in Manufacturing Market: By Offering

Hardware

Processor

MPU
GPU
FPGA
Asic

Memory
Network

Software

AI Solutions

On-Premises
Cloud

AI Platform

Machine Learning Framework
Application Program Interface (API)

Services

Deployment & Integration
Support & Maintenance

Artificial Intelligence in Manufacturing Market: By Technology

Machine Learning

Deep Learning
Supervised Learning
Reinforcement Learning
Unsupervised Learning
Others

Natural Language Processing
Context-Aware Computing
Computer Vision

Artificial Intelligence in Manufacturing Market: By Application

Predictive Maintenance & Machinery Inspection
Material Movement
Production Planning
Field Services
Quality Control
Cybersecurity
Industrial Robots
Reclamation

Artificial Intelligence in Manufacturing Market: By Industry

Automobile
Energy & Power
Pharmaceuticals
Heavy Metals & Machinery Manufacturing
Semiconductors & Electronics
Food & Beverages
Others

Artificial Intelligence in Manufacturing Market: By Region

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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