Artificial Intelligence (AI) in Manufacturing Market, Global Outlook and Forecast 2023-2032
- Siddhi Patil
- Oct 3, 2023
- 3 min read
The global Artificial Intelligence (AI) in Manufacturing market was valued at US$ 2608.7 million in 2022 and is projected to reach US$ 3243 million by 2029, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Artificial Intelligence (AI) is one of the most exciting technologies of the 21st century and has been the subject of debate across various business sectors. AI has several industrial applications where production plants can operate without human supervision. The machinery and equipment that are AI-enabled can function by acquiring human intelligence abilities. Supply chains in manufacturing are quickly adapting AI technologies as part of their digitization strategies. AI in supply chains helps in organizing and analysing data, which helps decision making problems, ranging from logistics to warehousing.
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This report aims to provide a comprehensive presentation of the global market for Artificial Intelligence (AI) in Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Artificial Intelligence (AI) in Manufacturing. This report contains market size and forecasts of Artificial Intelligence (AI) in Manufacturing in global, including the following market information:
Global Artificial Intelligence (AI) in Manufacturing Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
Global artificial intelligence in manufacturing includes IBM, SAS, SAP SE, Siemens and Oracle, etc. Global top 3 companies hold a share over 33%. Americas is the largest market, with a share about 38%, followed by Europe and Asia with the share about 24% and 23%.
We surveyed the Artificial Intelligence (AI) in Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Intelligence (AI) in Manufacturing Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Artificial Intelligence (AI) in Manufacturing Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Services
Global Artificial Intelligence (AI) in Manufacturing Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Artificial Intelligence (AI) in Manufacturing Market Segment Percentages, by Application, 2022 (%)
Automobile
Energy and Power
Pharmaceuticals
Heavy Metals and Machine Manufacturing
Semiconductors and Electronics
Food & Beverages
Global Artificial Intelligence (AI) in Manufacturing Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Artificial Intelligence (AI) in Manufacturing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Intelligence (AI) in Manufacturing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Artificial Intelligence (AI) in Manufacturing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Intel
IBM
Siemens
GE
Google
Microsoft
Micron Technology
Amazon Web Services (AWS)
Nvidia
Sight Machine
Outline of Major Chapters:
Chapter 1: Introduces the definition of Artificial Intelligence (AI) in Manufacturing, market overview.
Chapter 2: Global Artificial Intelligence (AI) in Manufacturing market size in revenue.
Chapter 3: Detailed analysis of Artificial Intelligence (AI) in Manufacturing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Artificial Intelligence (AI) in Manufacturing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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