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Artificial Intelligence (AI) in Manufacturing Market Share

  • Report ID: GMI3124
  • Published Date: Feb 2019
  • Report Format: PDF
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Artificial Intelligence in Manufacturing Market Share

Multinational players, such as

  • NVIDIA
  • Intel
  • IBM

are investing heavily in developing new and high-performance enterprise AI solutions. The major players in the AI in manufacturing market are forming partnerships with various technology players to develop new product offerings. With the increasing adoption of industry 4.0 manufacturing technologies, the demand for AI chips has grown significantly driven by traditional chipmakers to invest in enterprise solutions. They are also acquiring new start-ups working on machine learning to solidify their position in the market.

Authors: Preeti Wadhwani, Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of AI in manufacturing was estimated at over USD 1 billion in 2018.

The industry share of AI in manufacturing is anticipated to grow at a CAGR of more than 40% from 2019 to 2025.

Expanding venture capital investments in artificial intelligence and technology is expected to garner significant proceeds for the industry.

Context awareness technology is witnessing massive popularity on the grounds of efficiency and availability it supports for highly flexible manufacturing processes.

Various players across the heavy metal and machinery industry are rapidly adopting AI technology to optimize the raw material consumption and ensuring quality finished products.

IBM, Amazon Web Services, Intel, Oracle, and Qualcomm the major companies developing advanced AI products for the manufacturing sector.

AI in Manufacturing Market Scope

  • AI in Manufacturing Market Size
  • AI in Manufacturing Market Analysis
  • AI in Manufacturing Market Share

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    • Base Year: 2018
    • Companies covered: 19
    • Tables & Figures: 611
    • Countries covered: 19
    • Pages: 300
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