Artificial Intelligence in Manufacturing Market by Offering (Hardware, Software, Services), Technology (Machine Learning, Natural Language Processing), Application (Predictive Maintenance & Machinery Inspection, Cybersecurity) - Global Forecast to 2028
The artificial intelligence in manufacturing market is expected to reach USD 20.8 billion by 2028 from USD 3.2 billion in 2023, at a CAGR of 45.6% from 2023–2028. The growth of this market is attributed to the Rising need to handle increasingly large and complex dataset and emerging industrial IoT and automation technologies.
“Machine learning technology segment to dominate the artificial intelligence in manufacrturing market in 2023”
Machine Learning includes various technologies, such as deep learning, supervised learning, unsupervised learning, and reinforcement learning. Machine learning enables systems to improve their performance automatically with experience. Machine Learning helps develop a computer program/algorithm that can access data and use it to train itself without human intervention. The ability of Machine Learning to collect and handle big data and its increasing applications in predictive analytics and machinery inspection, quality control, and cybersecurity are expected to drive the growth of the artificial intelligence in manufacturing market for Machine Learning technology.
“Quality control segment is projected to grow at a highest CAGR during the forecast period.”
AI-driven quality control systems empower plant operators to identify deviations in product properties during the manufacturing process. These quality control applications depend on gathering both three-dimensional (3D) and two-dimensional (2D) data through laser-based aggregate scanning systems, which subsequently transform this data into digital images. The core technologies applied in these quality control applications within manufacturing plants encompass machine learning, computer vision, and context-aware computing. This robust quality control framework aids plant operators in validating the product quality, and it finds extensive application in industries such as pharmaceuticals, food and beverages, as well as semiconductors.“Software segment hold the largest market share during the forecast period”
A computer system needs highly effective and efficient hardware and software to exhibit intelligent capabilities like the human brain. The growing adoption of AI solutions and platforms in various industries and the widening application scope of AI in the manufacturing sector are the prime factors driving the growth of the artificial intelligence in manufacturing market for the software segment.
“China is to dominate the artificial intelligence in manufacrturing market of Asia Pacific in 2023”
Asia Pacific consists of some of the fastest-growing economies—such as China, Japan, and South Korea. China is a key manufacturing hub in the Asia Pacific region. The country is a major force of artificial intelligence development in Asia Pacific, with strengths in data accessibility and policy support. The manufacturing sector in China is growing rapidly, resulting in the introduction of new robotics and big data technologies. All these factors, coupled with the presence of a large number of manufacturing plants in China, are expected to increase the manufacturing data volume. Moreover, the government of China is undertaking initiatives to encourage the adoption of AI technologies in manufacturing
The break-up of the profiles of primary participants:
Research Coverage
The report segments the artificial intelligence in manufacturing market by Offering, Technology, Application, Industry, and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall artificial intelligence in manufacturing market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
“Machine learning technology segment to dominate the artificial intelligence in manufacrturing market in 2023”
Machine Learning includes various technologies, such as deep learning, supervised learning, unsupervised learning, and reinforcement learning. Machine learning enables systems to improve their performance automatically with experience. Machine Learning helps develop a computer program/algorithm that can access data and use it to train itself without human intervention. The ability of Machine Learning to collect and handle big data and its increasing applications in predictive analytics and machinery inspection, quality control, and cybersecurity are expected to drive the growth of the artificial intelligence in manufacturing market for Machine Learning technology.
“Quality control segment is projected to grow at a highest CAGR during the forecast period.”
AI-driven quality control systems empower plant operators to identify deviations in product properties during the manufacturing process. These quality control applications depend on gathering both three-dimensional (3D) and two-dimensional (2D) data through laser-based aggregate scanning systems, which subsequently transform this data into digital images. The core technologies applied in these quality control applications within manufacturing plants encompass machine learning, computer vision, and context-aware computing. This robust quality control framework aids plant operators in validating the product quality, and it finds extensive application in industries such as pharmaceuticals, food and beverages, as well as semiconductors.“Software segment hold the largest market share during the forecast period”
A computer system needs highly effective and efficient hardware and software to exhibit intelligent capabilities like the human brain. The growing adoption of AI solutions and platforms in various industries and the widening application scope of AI in the manufacturing sector are the prime factors driving the growth of the artificial intelligence in manufacturing market for the software segment.
“China is to dominate the artificial intelligence in manufacrturing market of Asia Pacific in 2023”
Asia Pacific consists of some of the fastest-growing economies—such as China, Japan, and South Korea. China is a key manufacturing hub in the Asia Pacific region. The country is a major force of artificial intelligence development in Asia Pacific, with strengths in data accessibility and policy support. The manufacturing sector in China is growing rapidly, resulting in the introduction of new robotics and big data technologies. All these factors, coupled with the presence of a large number of manufacturing plants in China, are expected to increase the manufacturing data volume. Moreover, the government of China is undertaking initiatives to encourage the adoption of AI technologies in manufacturing
The break-up of the profiles of primary participants:
- By Company Type – Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
- By Designation – C-level Executives – 60%, Directors – 20%, and Others – 20%
- By Region – North America - 40%, Europe – 30%, Asia Pacific – 20%, and Rest of the World – 10%
Research Coverage
The report segments the artificial intelligence in manufacturing market by Offering, Technology, Application, Industry, and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall artificial intelligence in manufacturing market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of critical drivers (Rising need to handle increasingly large and complex dataset, emerging industrial IoT and automation technology, surging adoption of AI fuiling growth of semiconductor chipset manufacturing, growing investment propelling growth of start-ups in manufacturing AI space), restraints (Reluctance among manufacturers to adopt AI-based technologies), opportunities (enhance manufacturing efficiency through AI-powered predictive analytics and production planning, application of AI-driven machine learning and NLP for intelligent enterprise processes), and challenges (lack of skilled workforce, especially in developing countries and concerns regarding data privacy and cybersecurity regulations) influencing the growth of the artificial intelligence in manufacturing market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the artificial intelligence in manufacturing market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the artificial intelligence in manufacturing market across various regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the artificial intelligence in manufacturing market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like Siemens (Germany), IBM (US), Intel Corporation (US), NVIDIA Corporation (US), and General Electric Company (US).
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES….
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Breakdown of primaries
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using bottom-up analysis
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE APPROACH)
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY
FIGURE 8 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, 2019?2028 (USD MILLION)
FIGURE 9 SOFTWARE OFFERINGS TO CAPTURE LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 10 MACHINE LEARNING TECHNOLOGY TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 11 PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION APPLICATION TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
FIGURE 12 AUTOMOTIVE INDUSTRY ACCOUNTED FOR LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2022
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
FIGURE 14 RISING ADOPTION OF IIOT AND AUTOMATION TECHNOLOGY BY MANUFACTURING FIRMS TO DRIVE MARKET GROWTH
4.2 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
FIGURE 15 SOFTWARE SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.3 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY
FIGURE 16 MACHINE LEARNING SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.4 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
FIGURE 17 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.5 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY
FIGURE 18 AUTOMOTIVE SEGMENT HELD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN ASIA PACIFIC IN 2022
4.6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY
FIGURE 19 CHINA TO REGISTER HIGHEST CAGR IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET BETWEEN 2023 AND 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Pressing need to handle large and complex datasets effectively
5.2.1.2 Rising adoption of IIoT and automation technologies by manufacturing firms
5.2.1.3 Thriving semiconductor chipset industry due to increasing adoption of AI technology
5.2.1.4 Growing venture capital and seed funding opportunities for startups entering in AI-driven manufacturing
FIGURE 21 IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Reluctance among manufacturers to adopt AI-based technologies
FIGURE 22 IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Utilization of AI-powered predictive analytics and production planning apps to enhance manufacturing efficiency
5.2.3.2 Execution of ML and NLP to automate and upgrade business processes
FIGURE 23 IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled workforce, especially in developing countries
5.2.4.2 Concerns regarding data privacy and stringent data security regulations
FIGURE 24 IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 ARTIFICIAL INTELLIGENCE IN MANUFACTURING VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM MAPPING
FIGURE 26 ECOSYSTEM ANALYSIS
TABLE 1 ROLE OF MAJOR COMPANIES IN ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 28 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 2 IMPACT OF EACH FORCE ON AI IN MANUFACTURING MARKET
5.6.1 BARGAINING POWER OF SUPPLIERS
5.6.2 BARGAINING POWER OF BUYERS
5.6.3 THREAT OF NEW ENTRANTS
5.6.4 THREAT OF SUBSTITUTES
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 CASE STUDY ANALYSIS
TABLE 3 SIEMENS GAMESA DEPLOYED AI SOLUTION TO ACCELERATE INSPECTION SPEED OF TURBINE BLADES
TABLE 4 VOLVO ADOPTED MACHINE LEARNING-DRIVEN DATA ANALYTICS TO PREDICT VEHICLE BREAKDOWN AND IMPROVE SERVICE
TABLE 5 ROLLS-ROYCE CHOSE MICROSOFT CORTANA TO SCHEDULE MAINTENANCE PLANS AND REDUCE OPERATIONAL DISRUPTIONS
TABLE 6 PAPER PACKAGING FIRM IMPLEMENTED EMA APPLICATION SUITE TO IMPROVE PRODUCTION PROCESS AND DIAGNOSE QUALITY ISSUES
5.8 TECHNOLOGY ANALYSIS
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICE OF PROCESSORS OFFERED BY KEY PLAYERS
FIGURE 29 AVERAGE SELLING PRICE OF KEY PLAYERS, BY PROCESSOR TYPE
TABLE 7 AVERAGE SELLING PRICE OF PROCESSORS OFFERED BY KEY PLAYERS, BY TYPE
5.9.2 AVERAGE SELLING PRICE TREND OF PROCESSORS, BY TYPE
TABLE 8 AVERAGE SELLING PRICE OF PROCESSORS, 2022 (USD)
TABLE 9 AVERAGE SELLING PRICE OF PROCESSORS USED IN AI-BASED MANUFACTURING, BY REGION, 2022
FIGURE 30 AVERAGE SELLING PRICE OF PROCESSORS, 2019–2028 (USD)
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO
FIGURE 31 IMPORT VALUES, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.10.2 EXPORT SCENARIO
FIGURE 32 EXPORT VALUES, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.11 PATENT ANALYSIS
FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 10 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS
FIGURE 34 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 11 RECENT PATENTS RELATED TO ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
5.12.2 BUYING CRITERIA
FIGURE 36 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.13 KEY CONFERENCES AND EVENTS, 2023–2025
TABLE 14 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: CONFERENCES AND EVENTS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS IN ITS/C-ITS
TABLE 19 SECURITY AND PRIVACY STANDARDS DEVELOPED BY EUROPEAN TELECOMMUNICATION STANDARDS INSTITUTE (ETSI)
6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 37 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
FIGURE 38 SOFTWARE SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
TABLE 20 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 21 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 HARDWARE
TABLE 22 HARDWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 23 HARDWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2.1 PROCESSORS
6.2.1.1 Robust parallel processing capabilities of processors to foster adoption in AI applications
6.2.1.1.1 Microprocessor units (MPUs)
6.2.1.1.2 Graphics processing units (GPUs)
6.2.1.1.3 Field programmable gate array (FPGA)
6.2.1.1.4 Application-specific integrated circuits (ASICs)
6.2.2 MEMORY DEVICES
6.2.2.1 High demand for high-bandwidth memory devices to drive market
6.2.3 NETWORK DEVICES
6.2.3.1 Increased implementation of Ethernet adaptors and interconnects to create opportunities for network device providers
6.3 SOFTWARE
TABLE 24 SOFTWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 25 SOFTWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.3.1 AI SOLUTIONS
6.3.1.1 Rising use of nonprocedural languages to develop AI solutions to boost segmental growth
TABLE 26 AI SOLUTIONS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION)
TABLE 27 AI SOLUTIONS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION)
6.3.1.2 On-premises
6.3.1.2.1 Greater flexibility and control offered by on-premises AI solutions to fuel segmental growth
6.3.1.3 Cloud
6.3.1.3.1 Reduced operational costs, hassle-free deployment, and high scalability provided by cloud deployment model to drive segmental growth
6.3.2 AI PLATFORMS
6.3.2.1 Increasing adoption of AI platforms to develop learning algorithms and intelligent applications to support segmental growth
TABLE 28 AI PLATFORMS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY PLATFORM TYPE, 2019–2022 (USD MILLION)
TABLE 29 AI PLATFORMS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY PLATFORM TYPE, 2023–2028 (USD MILLION)
6.3.2.2 Machine learning framework
6.3.2.3 Application program interface (API)
6.4 SERVICES
TABLE 30 SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 31 SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.4.1 DEPLOYMENT & INTEGRATION
6.4.1.1 Growing demand for deployment and integration services while configuring AI systems in manufacturing sector to drive market
6.4.2 SUPPORT & MAINTENANCE
6.4.2.1 Increasing demand for support & maintenance services to keep systems at acceptable standards to fuel market growth
7 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 39 MACHINE LEARNING TECHNOLOGY TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING IN 2028
TABLE 32 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 33 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 MACHINE LEARNING
7.2.1 ADVANCEMENTS IN DEEP LEARNING, SUPERVISED LEARNING, AND REINFORCEMENT LEARNING TECHNOLOGIES TO DRIVE MARKET
TABLE 34 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 35 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 36 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.2.2 DEEP LEARNING
7.2.2.1 Growing penetration of IoT, automation, and machine vision technologies in manufacturing plants to drive market
7.2.3 SUPERVISED LEARNING
7.2.3.1 Image recognition, facial recognition, and predictive analytics to contribute to market growth
7.2.4 REINFORCEMENT LEARNING
7.2.4.1 Potential to automatically determine context-specific ideal behavior to maximize performance to drive market
7.2.5 UNSUPERVISED LEARNING
7.2.5.1 Use of algorithms to find hidden data patterns or groupings in large datasets to boost adoption of unsupervised learning technology
7.2.6 OTHER TECHNOLOGY TYPES
7.3 NATURAL LANGUAGE PROCESSING
7.3.1 RISING USE OF NLP-DRIVEN TOOLS TO AUTOMATE COMPLEX BUSINESS PROCESSES TO DRIVE MARKET
TABLE 38 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 39 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.4 CONTEXT-AWARE COMPUTING
7.4.1 INCREASING FOCUS ON MAKING REAL-TIME DECISIONS TO ENHANCE QUALITY, SAFETY, AND PRODUCTIVITY TO BOOST DEMAND IN MANUFACTURING SECTOR
TABLE 40 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 41 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 42 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 43 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.5 COMPUTER VISION
7.5.1 INTEGRATION OF COMPUTER VISION TECHNOLOGY TO ANALYZE 3D OBJECTS AND MINIMIZE MATERIAL WASTE TO DRIVE MARKET
TABLE 44 COMPUTER VISION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 COMPUTER VISION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 40 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
FIGURE 41 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
TABLE 46 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 INVENTORY OPTIMIZATION
8.2.1 GROWING IMPLEMENTATION OF AI IN MANUFACTURING SECTOR TO ACHIEVE COST-EFFICIENCY AND ENSURE TIMELY PRODUCT DELIVERY TO DRIVE MARKET
TABLE 48 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 49 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 50 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 51 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION
8.3.1 INCREASING ADOPTION OF LEARNING TECHNOLOGY TO PREVENT UNEXPECTED DOWNTIME DUE TO MACHINE FAILURE TO FUEL MARKET GROWTH
FIGURE 42 MACHINE LEARNING TECHNOLOGY TO DOMINATE MARKET FOR PREDICTIVE MAINTENANCE & MACHINERY INSPECTION APPLICATIONS DURING FORECAST PERIOD
TABLE 52 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 53 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 54 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 55 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 PRODUCTION PLANNING
8.4.1 RISING USE OF BIG DATA ANALYTICS IN PRODUCTION PLANNING TO FOSTER MARKET GROWTH
TABLE 56 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 57 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 58 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 59 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 FIELD SERVICES
8.5.1 SURGING USE OF AI-POWERED SOLUTIONS IN FIELD SERVICES OFFERED TO OIL & GAS AND ENERGY & POWER INDUSTRY PLAYERS TO SUPPORT MARKET GROWTH
TABLE 60 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 61 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 62 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 63 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.6 RECLAMATION
8.6.1 ELEVATING DEMAND FOR COMPUTER VISION TECHNOLOGY TO IDENTIFY AND SORT RECYCLABLE MATERIALS TO DRIVE MARKET
TABLE 64 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 65 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 66 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 67 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.7 QUALITY CONTROL
8.7.1 GROWING USE OF AI-POWERED QUALITY CONTROL SYSTEMS BY PHARMACEUTICAL AND FOOD & BEVERAGE COMPANIES TO ACCELERATE MARKET GROWTH
TABLE 68 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 69 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 70 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.8 CYBERSECURITY
8.8.1 HIGH EMPHASIS OF AUTOMATED PLANTS ON AVOIDING DATA BREACHES TO BOOST DEMAND FOR AI-DRIVEN CYBERSECURITY SOLUTIONS
TABLE 72 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 73 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
FIGURE 43 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE FOR CYBERSECURITY APPLICATIONS IN 2023
TABLE 74 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 75 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.9 INDUSTRIAL ROBOTS
8.9.1 SEAMLESS INTEGRATION OF AI INTO INDUSTRIAL ROBOTS TO IMPROVE PRODUCTION AND EFFICIENCY TO DRIVE MARKET
TABLE 76 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 77 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 78 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 79 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 44 AUTOMOTIVE INDUSTRY HELD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
TABLE 80 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 81 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
9.2 AUTOMOTIVE
9.2.1 INCREASING ADOPTION OF ML AND COMPUTER VISION TECHNOLOGIES TO ENSURE FLAWLESS PRODUCTION OF VEHICLE PARTS TO DRIVE MARKET
TABLE 82 AUTOMOTIVE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
FIGURE 45 ASIA PACIFIC TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET FOR AUTOMOTIVE INDUSTRY IN 2028
TABLE 83 AUTOMOTIVE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 ENERGY & POWER
9.3.1 GROWING IMPLEMENTATION OF AI TO MINIMIZE ENERGY WASTE AND REDUCE ENERGY COSTS TO BOOST SEGMENTAL GROWTH
TABLE 84 ENERGY & POWER: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 85 ENERGY & POWER: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 PHARMACEUTICALS
9.4.1 RISING USE OF AI IN QUALITY CONTROL AND PRODUCTION PLANNING APPLICATIONS TO STIMULATE MARKET GROWTH
TABLE 86 PHARMACEUTICALS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
FIGURE 46 NORTH AMERICA TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET FOR PHARMACEUTICALS INDUSTRY IN 2028
TABLE 87 PHARMACEUTICALS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 METALS & HEAVY MACHINERY
9.5.1 INCREASED USE OF ROBOTICS IN METALS & HEAVY MACHINERY INDUSTRY TO AVOID UNPLANNED DOWNTIME AND WASTAGE TO DRIVE MARKET
TABLE 88 METALS & HEAVY MACHINERY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 METALS & HEAVY MACHINERY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 SEMICONDUCTOR & ELECTRONICS
9.6.1 SURGING FOCUS ON DEVELOPING MINIATURE SEMICONDUCTOR AND ELECTRONICS EQUIPMENT TO BOOST ADOPTION OF AI-BASED INDUSTRIAL ROBOTS
TABLE 90 SEMICONDUCTOR & ELECTRONICS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 SEMICONDUCTOR & ELECTRONICS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 FOOD & BEVERAGES
9.7.1 GROWING ADOPTION OF AUTOMATION TO MAINTAIN HYGIENIC FOOD PROCESSING SOLUTIONS TO FUEL MARKET GROWTH
TABLE 92 FOOD & BEVERAGES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 93 FOOD & BEVERAGES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.8 OTHER INDUSTRIES
TABLE 94 OTHER INDUSTRIES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 95 OTHER INDUSTRIES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
10 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 47 CHINA, SOUTH KOREA, UK, AND US TO BE HOTSPOTS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
FIGURE 48 ASIA PACIFIC TO DOMINATE ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET THROUGHOUT FORECAST PERIOD
TABLE 96 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 49 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN NORTH AMERICA
TABLE 98 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 99 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 100 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 101 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.2.2 US
10.2.2.1 Rising adoption of industrial robots due to shortage of skilled workforce to drive market
10.2.3 CANADA
10.2.3.1 Increasing investments by SMEs in IoT to boost demand for AI-based solutions
10.2.4 MEXICO
10.2.4.1 Surging foreign direct investments in AI and robotics to support market growth
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
FIGURE 50 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN EUROPE
TABLE 102 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 103 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
FIGURE 51 GERMANY HELD LARGEST SHARE OF EUROPEAN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2022
TABLE 104 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 105 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.3.2 GERMANY
10.3.2.1 High adoption of computer vision systems to get real-time manufacturing data to fuel market growth
10.3.3 UK
10.3.3.1 Increasing investment by government in robotics and AI technologies to foster market growth
10.3.4 FRANCE
10.3.4.1 Rising adoption of AI by manufacturing firms to fuel market growth
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 52 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN ASIA PACIFIC
TABLE 106 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 107 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 108 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 109 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Strategic planning to achieve Next Generation AI goal by 2030 to boost demand for AI technology by manufacturing firms
10.4.2 JAPAN
10.4.2.1 Strong presence of top-tier IT, machinery, and automobile manufacturing firms to support market growth
10.4.3 SOUTH KOREA
10.4.3.1 Presence of massive computing data centers for AI research to contribute to market growth
10.4.4 REST OF ASIA PACIFIC
10.5 ROW
TABLE 110 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 111 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 112 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 113 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Increased investments in IT infrastructure development to fuel market growth
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Increasing deployment of cloud-based cognitive computing in manufacturing sector to drive market
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 114 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
11.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
FIGURE 53 FIVE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
11.4 MARKET SHARE ANALYSIS
TABLE 115 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SHARE ANALYSIS, 2022
FIGURE 54 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SHARE, BY COMPANY, 2022
11.5 COMPANY EVALUATION MATRIX, 2022
11.5.1 STARS
11.5.2 PERVASIVE PLAYERS
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 55 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2022
11.6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: COMPANY FOOTPRINT
11.6.1 COMPANY FOOTPRINT OF TOP PLAYERS
TABLE 116 APPLICATION AND REGIONAL FOOTPRINT OF TOP COMPANIES
TABLE 117 APPLICATION FOOTPRINT OF KEY COMPANIES
TABLE 118 OFFERING FOOTPRINT OF KEY COMPANIES
TABLE 119 REGIONAL FOOTPRINT OF KEY COMPANIES
11.7 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
FIGURE 56 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET (GLOBAL) SME EVALUATION MATRIX, 2022
11.8 COMPETITIVE BENCHMARKING
TABLE 120 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: LIST OF KEY STARTUPS/SMES
TABLE 121 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SITUATIONS AND TRENDS
TABLE 122 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: PRODUCT LAUNCHES, 2021–2023
TABLE 123 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: DEALS, 2021–2023
TABLE 124 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: OTHERS, 2021–2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 NVIDIA CORPORATION
TABLE 125 NVIDIA CORPORATION: COMPANY OVERVIEW
FIGURE 57 NVIDIA CORPORATION: COMPANY SNAPSHOT
TABLE 126 NVIDIA CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 127 NVIDIA CORPORATION: PRODUCT LAUNCHES
TABLE 128 NVIDIA CORPORATION: DEALS
12.1.2 IBM (INTERNATIONAL BUSINESS MACHINES CORPORATION)
TABLE 129 IBM: COMPANY OVERVIEW
FIGURE 58 IBM: COMPANY SNAPSHOT
TABLE 130 IBM: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 131 IBM: PRODUCT LAUNCHES
TABLE 132 IBM: DEALS
12.1.3 INTEL CORPORATION
TABLE 133 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 59 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 134 INTEL CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 135 INTEL CORPORATION: PRODUCT LAUNCHES
TABLE 136 INTEL CORPORATION: DEALS
12.1.4 SIEMENS
TABLE 137 SIEMENS: COMPANY OVERVIEW
FIGURE 60 SIEMENS: COMPANY SNAPSHOT
TABLE 138 SIEMENS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 139 SIEMENS: PRODUCT LAUNCHES
TABLE 140 SIEMENS: DEALS
12.1.5 GENERAL ELECTRIC
TABLE 141 GENERAL ELECTRIC: COMPANY OVERVIEW
FIGURE 61 GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 142 GENERAL ELECTRIC: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 143 GENERAL ELECTRIC: PRODUCT LAUNCHES
TABLE 144 GENERAL ELECTRIC: DEALS
12.1.6 GOOGLE LLC
TABLE 145 GOOGLE LLC: COMPANY OVERVIEW
FIGURE 62 GOOGLE LLC: COMPANY SNAPSHOT
TABLE 146 GOOGLE LLC: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 147 GOOGLE LLC: PRODUCT LAUNCHES
TABLE 148 GOOGLE LLC: DEALS
12.1.7 MICROSOFT
TABLE 149 MICROSOFT: COMPANY OVERVIEW
FIGURE 63 MICROSOFT: COMPANY SNAPSHOT
TABLE 150 MICROSOFT: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 151 MICROSOFT: PRODUCT LAUNCHES
TABLE 152 MICROSOFT: DEALS
12.1.8 MICRON TECHNOLOGY, INC.
TABLE 153 MICRON TECHNOLOGY, INC.: COMPANY OVERVIEW
FIGURE 64 MICRON TECHNOLOGY, INC.: COMPANY SNAPSHOT
TABLE 154 MICRON TECHNOLOGY, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 155 MICRON TECHNOLOGY, INC.: PRODUCT LAUNCHES
TABLE 156 MICRON TECHNOLOGY: DEALS
TABLE 157 MICRON TECHNOLOGY, INC.: OTHERS
12.1.9 AMAZON WEB SERVICES, INC. (AWS)
TABLE 158 AMAZON WEB SERVICES, INC.: COMPANY OVERVIEW
FIGURE 65 AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
TABLE 159 AMAZON WEB SERVICES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 160 AMAZON WEB SERVICES, INC.: PRODUCT LAUNCHES
TABLE 161 AMAZON WEB SERVICES, INC.: DEALS
12.1.10 SIGHT MACHINE
TABLE 162 SIGHT MACHINE: COMPANY OVERVIEW
TABLE 163 SIGHT MACHINE: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 164 SIGHT MACHINE: PRODUCT LAUNCHES
TABLE 165 SIGHT MACHINE: DEALS
12.2 OTHER PLAYERS
12.2.1 PROGRESS SOFTWARE CORPORATION (DATARPM)
TABLE 166 PROGRESS SOFTWARE CORPORATION (DATARPM): COMPANY OVERVIEW
12.2.2 AIBRAIN INC.
TABLE 167 AIBRAIN INC.: COMPANY OVERVIEW
12.2.3 GENERAL VISION INC.
TABLE 168 GENERAL VISION INC.: COMPANY OVERVIEW
12.2.4 ROCKWELL AUTOMATION
TABLE 169 ROCKWELL AUTOMATION: COMPANY OVERVIEW
12.2.5 CISCO SYSTEMS, INC.
TABLE 170 CISCO SYSTEMS, INC.: COMPANY OVERVIEW
12.2.6 MITSUBISHI ELECTRIC CORPORATION
TABLE 171 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
12.2.7 ORACLE
TABLE 172 ORACLE: COMPANY OVERVIEW
12.2.8 SAP
TABLE 173 SAP: COMPANY OVERVIEW
12.2.9 VICARIOUS
TABLE 174 VICARIOUS: COMPANY OVERVIEW
12.2.10 UBTECH ROBOTICS CORP LTD
TABLE 175 UBTECH ROBOTICS CORP LTD: COMPANY OVERVIEW
12.2.11 AQUANT
TABLE 176 AQUANT: COMPANY OVERVIEW
12.2.12 BRIGHT MACHINES, INC.
TABLE 177 BRIGHT MACHINES, INC.: COMPANY OVERVIEW
12.2.13 RETHINK ROBOTICS GMBH
TABLE 178 RETHINK ROBOTICS GMBH: COMPANY OVERVIEW
12.2.14 SPARKCOGNITION
TABLE 179 SPARKCOGNITION: COMPANY OVERVIEW
12.2.15 FLUTURA
TABLE 180 FLUTURA: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 ADJACENT MARKET
13.1 SMART FACTORY MARKET
13.2 INTRODUCTION
FIGURE 66 SMART FACTORY MARKET, BY COMPONENT
FIGURE 67 INDUSTRIAL SENSORS TO HOLD LARGEST SHARE OF SMART FACTORY MARKET FOR COMPONENTS IN 2027
TABLE 181 SMART FACTORY MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 182 SMART FACTORY MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
13.3 INDUSTRIAL SENSORS
TABLE 183 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE, 2018–2021 (USD MILLION)
TABLE 184 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE, 2022–2027 (USD MILLION)
TABLE 185 INDUSTRIAL SENSORS: SMART FACTORY MARKET, 2018–2021 (MILLION UNITS)
TABLE 186 INDUSTRIAL SENSORS: SMART FACTORY MARKET, 2022–2027 (MILLION UNITS)
TABLE 187 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 188 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.3.1 LEVEL SENSORS
13.3.1.1 Rising demand for level sensors to detect and measure levels of liquids, bulk solids, and other fluids to drive market
13.3.2 TEMPERATURE SENSORS
13.3.2.1 Increasing use of temperature sensors in chemicals, energy & power, and oil & gas vertical to support market growth
13.3.3 FLOW SENSORS
13.3.3.1 Rising adoption of flow sensors to measure rate of fluid flow either directly or inferentially to fuel market growth
13.3.4 POSITION SENSORS
13.3.4.1 Increasing application areas of position sensors increasing with technological advancements to drive market
13.3.5 PRESSURE SENSORS
13.3.5.1 Growing adoption of pressure sensors in semiconductor processing, robotics, and test & measurement in industrial applications to contribute to market growth
13.3.6 FORCE SENSORS
13.3.6.1 Rising use of force sensors to ensure safe robot and human interaction to drive market
13.3.7 HUMIDITY & MOISTURE SENSORS
13.3.7.1 Extensive use of humidity and moisture sensors in chemicals, pharmaceuticals, oil & gas, and food & beverages verticals to drive market
13.3.8 IMAGE SENSORS
13.3.8.1 Increasing adoption of image sensors to convert optical images into electronic signals to support market growth
13.3.9 GAS SENSORS
13.3.9.1 Surging adoption of gas sensors to measure concentration of different gases in air to contribute to market growth
13.4 INDUSTRIAL ROBOTS
TABLE 189 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 190 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 191 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 192 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 193 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 194 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.4.1 TRADITIONAL INDUSTRIAL ROBOTS
13.4.1.1 Articulated robots
13.4.1.1.1 Growing use of articulated robots in assembly and welding to drive segmental growth
13.4.1.2 Cartesian robots
13.4.1.2.1 Potential to carry heavy loads to boost demand for cartesian robots in industrial applications
13.4.1.3 Selective compliance assembly robot arm (SCARA) robots
13.4.1.3.1 Growing utilization of SCARA robots in welding and spray-painting operations to fuel market growth
13.4.1.4 Cylindrical robots
13.4.1.4.1 Suitability of cylindrical robots for pick and place operations to drive market
13.4.1.5 Other robots
13.4.2 COLLABORATIVE ROBOTS
13.4.2.1 Highest adoption rate of collaborative robots in industrial applications to drive market
13.5 INDUSTRIAL 3D PRINTERS
13.5.1 RISING ADOPTION OF INDUSTRIAL PRINTERS TO CONSTRUCT THREE-DIMENSIONAL SOLID OBJECTS TO DRIVE MARKET
TABLE 195 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 196 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 197 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, 2018–2021 (MILLION UNITS)
TABLE 198 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, 2022–2027 (MILLION UNITS)
TABLE 199 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY PROCESS, 2018–2021 (USD MILLION)
TABLE 200 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY PROCESS, 2022–2027 (USD MILLION)
TABLE 201 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 202 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.6 MACHINE VISION SYSTEMS
TABLE 203 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 204 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 205 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 206 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 207 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 208 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.6.1 CAMERAS
13.6.1.1 Rising need for high-quality images to boost demand for smart cameras
13.6.2 FRAME GRABBERS, OPTICS, AND LED LIGHTING
13.6.2.1 Influence of position and quality of other key components, such as LEDs and frame grabbers, on image quality to lead to high demand
13.6.3 PROCESSORS AND SOFTWARE
13.6.3.1 Growing integration of processors and software in machine vision systems to drive market
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES….
1.6.1 RECESSION IMPACT ANALYSIS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 Breakdown of primaries
2.1.2.3 Key data from primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using bottom-up analysis
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE APPROACH)
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 6 ASSUMPTIONS FOR RESEARCH STUDY
2.5 PARAMETERS CONSIDERED TO ANALYZE IMPACT OF RECESSION ON ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
2.6 RESEARCH LIMITATIONS
2.7 RISK ASSESSMENT
FIGURE 7 RISK ASSESSMENT OF RESEARCH STUDY
3 EXECUTIVE SUMMARY
FIGURE 8 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, 2019?2028 (USD MILLION)
FIGURE 9 SOFTWARE OFFERINGS TO CAPTURE LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 10 MACHINE LEARNING TECHNOLOGY TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
FIGURE 11 PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION APPLICATION TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
FIGURE 12 AUTOMOTIVE INDUSTRY ACCOUNTED FOR LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2022
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
FIGURE 14 RISING ADOPTION OF IIOT AND AUTOMATION TECHNOLOGY BY MANUFACTURING FIRMS TO DRIVE MARKET GROWTH
4.2 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
FIGURE 15 SOFTWARE SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.3 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY
FIGURE 16 MACHINE LEARNING SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.4 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
FIGURE 17 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
4.5 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY
FIGURE 18 AUTOMOTIVE SEGMENT HELD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN ASIA PACIFIC IN 2022
4.6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY
FIGURE 19 CHINA TO REGISTER HIGHEST CAGR IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET BETWEEN 2023 AND 2028
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Pressing need to handle large and complex datasets effectively
5.2.1.2 Rising adoption of IIoT and automation technologies by manufacturing firms
5.2.1.3 Thriving semiconductor chipset industry due to increasing adoption of AI technology
5.2.1.4 Growing venture capital and seed funding opportunities for startups entering in AI-driven manufacturing
FIGURE 21 IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 Reluctance among manufacturers to adopt AI-based technologies
FIGURE 22 IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Utilization of AI-powered predictive analytics and production planning apps to enhance manufacturing efficiency
5.2.3.2 Execution of ML and NLP to automate and upgrade business processes
FIGURE 23 IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Shortage of skilled workforce, especially in developing countries
5.2.4.2 Concerns regarding data privacy and stringent data security regulations
FIGURE 24 IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 ARTIFICIAL INTELLIGENCE IN MANUFACTURING VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM MAPPING
FIGURE 26 ECOSYSTEM ANALYSIS
TABLE 1 ROLE OF MAJOR COMPANIES IN ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 28 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: PORTER’S FIVE FORCES ANALYSIS
TABLE 2 IMPACT OF EACH FORCE ON AI IN MANUFACTURING MARKET
5.6.1 BARGAINING POWER OF SUPPLIERS
5.6.2 BARGAINING POWER OF BUYERS
5.6.3 THREAT OF NEW ENTRANTS
5.6.4 THREAT OF SUBSTITUTES
5.6.5 INTENSITY OF COMPETITIVE RIVALRY
5.7 CASE STUDY ANALYSIS
TABLE 3 SIEMENS GAMESA DEPLOYED AI SOLUTION TO ACCELERATE INSPECTION SPEED OF TURBINE BLADES
TABLE 4 VOLVO ADOPTED MACHINE LEARNING-DRIVEN DATA ANALYTICS TO PREDICT VEHICLE BREAKDOWN AND IMPROVE SERVICE
TABLE 5 ROLLS-ROYCE CHOSE MICROSOFT CORTANA TO SCHEDULE MAINTENANCE PLANS AND REDUCE OPERATIONAL DISRUPTIONS
TABLE 6 PAPER PACKAGING FIRM IMPLEMENTED EMA APPLICATION SUITE TO IMPROVE PRODUCTION PROCESS AND DIAGNOSE QUALITY ISSUES
5.8 TECHNOLOGY ANALYSIS
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICE OF PROCESSORS OFFERED BY KEY PLAYERS
FIGURE 29 AVERAGE SELLING PRICE OF KEY PLAYERS, BY PROCESSOR TYPE
TABLE 7 AVERAGE SELLING PRICE OF PROCESSORS OFFERED BY KEY PLAYERS, BY TYPE
5.9.2 AVERAGE SELLING PRICE TREND OF PROCESSORS, BY TYPE
TABLE 8 AVERAGE SELLING PRICE OF PROCESSORS, 2022 (USD)
TABLE 9 AVERAGE SELLING PRICE OF PROCESSORS USED IN AI-BASED MANUFACTURING, BY REGION, 2022
FIGURE 30 AVERAGE SELLING PRICE OF PROCESSORS, 2019–2028 (USD)
5.10 TRADE ANALYSIS
5.10.1 IMPORT SCENARIO
FIGURE 31 IMPORT VALUES, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.10.2 EXPORT SCENARIO
FIGURE 32 EXPORT VALUES, BY KEY COUNTRY, 2018–2022 (USD MILLION)
5.11 PATENT ANALYSIS
FIGURE 33 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 10 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS
FIGURE 34 NUMBER OF PATENTS GRANTED PER YEAR FROM 2013 TO 2022
TABLE 11 RECENT PATENTS RELATED TO ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 35 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP 3 APPLICATIONS (%)
5.12.2 BUYING CRITERIA
FIGURE 36 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
TABLE 13 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS
5.13 KEY CONFERENCES AND EVENTS, 2023–2025
TABLE 14 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: CONFERENCES AND EVENTS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 STANDARDS IN ITS/C-ITS
TABLE 19 SECURITY AND PRIVACY STANDARDS DEVELOPED BY EUROPEAN TELECOMMUNICATION STANDARDS INSTITUTE (ETSI)
6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
6.1 INTRODUCTION
FIGURE 37 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING
FIGURE 38 SOFTWARE SEGMENT TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2028
TABLE 20 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING, 2019–2022 (USD MILLION)
TABLE 21 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING, 2023–2028 (USD MILLION)
6.2 HARDWARE
TABLE 22 HARDWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 23 HARDWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.2.1 PROCESSORS
6.2.1.1 Robust parallel processing capabilities of processors to foster adoption in AI applications
6.2.1.1.1 Microprocessor units (MPUs)
6.2.1.1.2 Graphics processing units (GPUs)
6.2.1.1.3 Field programmable gate array (FPGA)
6.2.1.1.4 Application-specific integrated circuits (ASICs)
6.2.2 MEMORY DEVICES
6.2.2.1 High demand for high-bandwidth memory devices to drive market
6.2.3 NETWORK DEVICES
6.2.3.1 Increased implementation of Ethernet adaptors and interconnects to create opportunities for network device providers
6.3 SOFTWARE
TABLE 24 SOFTWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 25 SOFTWARE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.3.1 AI SOLUTIONS
6.3.1.1 Rising use of nonprocedural languages to develop AI solutions to boost segmental growth
TABLE 26 AI SOLUTIONS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY DEPLOYMENT TYPE, 2019–2022 (USD MILLION)
TABLE 27 AI SOLUTIONS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY DEPLOYMENT TYPE, 2023–2028 (USD MILLION)
6.3.1.2 On-premises
6.3.1.2.1 Greater flexibility and control offered by on-premises AI solutions to fuel segmental growth
6.3.1.3 Cloud
6.3.1.3.1 Reduced operational costs, hassle-free deployment, and high scalability provided by cloud deployment model to drive segmental growth
6.3.2 AI PLATFORMS
6.3.2.1 Increasing adoption of AI platforms to develop learning algorithms and intelligent applications to support segmental growth
TABLE 28 AI PLATFORMS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY PLATFORM TYPE, 2019–2022 (USD MILLION)
TABLE 29 AI PLATFORMS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY PLATFORM TYPE, 2023–2028 (USD MILLION)
6.3.2.2 Machine learning framework
6.3.2.3 Application program interface (API)
6.4 SERVICES
TABLE 30 SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 31 SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
6.4.1 DEPLOYMENT & INTEGRATION
6.4.1.1 Growing demand for deployment and integration services while configuring AI systems in manufacturing sector to drive market
6.4.2 SUPPORT & MAINTENANCE
6.4.2.1 Increasing demand for support & maintenance services to keep systems at acceptable standards to fuel market growth
7 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 39 MACHINE LEARNING TECHNOLOGY TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING IN 2028
TABLE 32 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 33 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
7.2 MACHINE LEARNING
7.2.1 ADVANCEMENTS IN DEEP LEARNING, SUPERVISED LEARNING, AND REINFORCEMENT LEARNING TECHNOLOGIES TO DRIVE MARKET
TABLE 34 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 35 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 36 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 37 MACHINE LEARNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.2.2 DEEP LEARNING
7.2.2.1 Growing penetration of IoT, automation, and machine vision technologies in manufacturing plants to drive market
7.2.3 SUPERVISED LEARNING
7.2.3.1 Image recognition, facial recognition, and predictive analytics to contribute to market growth
7.2.4 REINFORCEMENT LEARNING
7.2.4.1 Potential to automatically determine context-specific ideal behavior to maximize performance to drive market
7.2.5 UNSUPERVISED LEARNING
7.2.5.1 Use of algorithms to find hidden data patterns or groupings in large datasets to boost adoption of unsupervised learning technology
7.2.6 OTHER TECHNOLOGY TYPES
7.3 NATURAL LANGUAGE PROCESSING
7.3.1 RISING USE OF NLP-DRIVEN TOOLS TO AUTOMATE COMPLEX BUSINESS PROCESSES TO DRIVE MARKET
TABLE 38 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 39 NATURAL LANGUAGE PROCESSING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.4 CONTEXT-AWARE COMPUTING
7.4.1 INCREASING FOCUS ON MAKING REAL-TIME DECISIONS TO ENHANCE QUALITY, SAFETY, AND PRODUCTIVITY TO BOOST DEMAND IN MANUFACTURING SECTOR
TABLE 40 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2019–2022 (USD MILLION)
TABLE 41 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 42 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 43 CONTEXT-AWARE COMPUTING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
7.5 COMPUTER VISION
7.5.1 INTEGRATION OF COMPUTER VISION TECHNOLOGY TO ANALYZE 3D OBJECTS AND MINIMIZE MATERIAL WASTE TO DRIVE MARKET
TABLE 44 COMPUTER VISION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 45 COMPUTER VISION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 40 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION
FIGURE 41 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
TABLE 46 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
TABLE 47 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
8.2 INVENTORY OPTIMIZATION
8.2.1 GROWING IMPLEMENTATION OF AI IN MANUFACTURING SECTOR TO ACHIEVE COST-EFFICIENCY AND ENSURE TIMELY PRODUCT DELIVERY TO DRIVE MARKET
TABLE 48 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 49 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 50 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 51 INVENTORY OPTIMIZATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION
8.3.1 INCREASING ADOPTION OF LEARNING TECHNOLOGY TO PREVENT UNEXPECTED DOWNTIME DUE TO MACHINE FAILURE TO FUEL MARKET GROWTH
FIGURE 42 MACHINE LEARNING TECHNOLOGY TO DOMINATE MARKET FOR PREDICTIVE MAINTENANCE & MACHINERY INSPECTION APPLICATIONS DURING FORECAST PERIOD
TABLE 52 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 53 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 54 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 55 PREDICTIVE MAINTENANCE & MACHINERY INSPECTION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 PRODUCTION PLANNING
8.4.1 RISING USE OF BIG DATA ANALYTICS IN PRODUCTION PLANNING TO FOSTER MARKET GROWTH
TABLE 56 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 57 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 58 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 59 PRODUCTION PLANNING: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 FIELD SERVICES
8.5.1 SURGING USE OF AI-POWERED SOLUTIONS IN FIELD SERVICES OFFERED TO OIL & GAS AND ENERGY & POWER INDUSTRY PLAYERS TO SUPPORT MARKET GROWTH
TABLE 60 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 61 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 62 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 63 FIELD SERVICES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.6 RECLAMATION
8.6.1 ELEVATING DEMAND FOR COMPUTER VISION TECHNOLOGY TO IDENTIFY AND SORT RECYCLABLE MATERIALS TO DRIVE MARKET
TABLE 64 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 65 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 66 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 67 RECLAMATION: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.7 QUALITY CONTROL
8.7.1 GROWING USE OF AI-POWERED QUALITY CONTROL SYSTEMS BY PHARMACEUTICAL AND FOOD & BEVERAGE COMPANIES TO ACCELERATE MARKET GROWTH
TABLE 68 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 69 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 70 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 71 QUALITY CONTROL: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.8 CYBERSECURITY
8.8.1 HIGH EMPHASIS OF AUTOMATED PLANTS ON AVOIDING DATA BREACHES TO BOOST DEMAND FOR AI-DRIVEN CYBERSECURITY SOLUTIONS
TABLE 72 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 73 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
FIGURE 43 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE FOR CYBERSECURITY APPLICATIONS IN 2023
TABLE 74 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 75 CYBERSECURITY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
8.9 INDUSTRIAL ROBOTS
8.9.1 SEAMLESS INTEGRATION OF AI INTO INDUSTRIAL ROBOTS TO IMPROVE PRODUCTION AND EFFICIENCY TO DRIVE MARKET
TABLE 76 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
TABLE 77 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
TABLE 78 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 79 INDUSTRIAL ROBOTS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 44 AUTOMOTIVE INDUSTRY HELD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2023
TABLE 80 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 81 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
9.2 AUTOMOTIVE
9.2.1 INCREASING ADOPTION OF ML AND COMPUTER VISION TECHNOLOGIES TO ENSURE FLAWLESS PRODUCTION OF VEHICLE PARTS TO DRIVE MARKET
TABLE 82 AUTOMOTIVE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
FIGURE 45 ASIA PACIFIC TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET FOR AUTOMOTIVE INDUSTRY IN 2028
TABLE 83 AUTOMOTIVE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 ENERGY & POWER
9.3.1 GROWING IMPLEMENTATION OF AI TO MINIMIZE ENERGY WASTE AND REDUCE ENERGY COSTS TO BOOST SEGMENTAL GROWTH
TABLE 84 ENERGY & POWER: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 85 ENERGY & POWER: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 PHARMACEUTICALS
9.4.1 RISING USE OF AI IN QUALITY CONTROL AND PRODUCTION PLANNING APPLICATIONS TO STIMULATE MARKET GROWTH
TABLE 86 PHARMACEUTICALS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
FIGURE 46 NORTH AMERICA TO HOLD LARGEST SHARE OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET FOR PHARMACEUTICALS INDUSTRY IN 2028
TABLE 87 PHARMACEUTICALS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 METALS & HEAVY MACHINERY
9.5.1 INCREASED USE OF ROBOTICS IN METALS & HEAVY MACHINERY INDUSTRY TO AVOID UNPLANNED DOWNTIME AND WASTAGE TO DRIVE MARKET
TABLE 88 METALS & HEAVY MACHINERY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 89 METALS & HEAVY MACHINERY: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 SEMICONDUCTOR & ELECTRONICS
9.6.1 SURGING FOCUS ON DEVELOPING MINIATURE SEMICONDUCTOR AND ELECTRONICS EQUIPMENT TO BOOST ADOPTION OF AI-BASED INDUSTRIAL ROBOTS
TABLE 90 SEMICONDUCTOR & ELECTRONICS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 91 SEMICONDUCTOR & ELECTRONICS: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.7 FOOD & BEVERAGES
9.7.1 GROWING ADOPTION OF AUTOMATION TO MAINTAIN HYGIENIC FOOD PROCESSING SOLUTIONS TO FUEL MARKET GROWTH
TABLE 92 FOOD & BEVERAGES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 93 FOOD & BEVERAGES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
9.8 OTHER INDUSTRIES
TABLE 94 OTHER INDUSTRIES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 95 OTHER INDUSTRIES: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
10 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 47 CHINA, SOUTH KOREA, UK, AND US TO BE HOTSPOTS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
FIGURE 48 ASIA PACIFIC TO DOMINATE ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET THROUGHOUT FORECAST PERIOD
TABLE 96 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 97 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
10.2 NORTH AMERICA
10.2.1 NORTH AMERICA: RECESSION IMPACT
FIGURE 49 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN NORTH AMERICA
TABLE 98 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 99 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 100 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 101 NORTH AMERICA: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.2.2 US
10.2.2.1 Rising adoption of industrial robots due to shortage of skilled workforce to drive market
10.2.3 CANADA
10.2.3.1 Increasing investments by SMEs in IoT to boost demand for AI-based solutions
10.2.4 MEXICO
10.2.4.1 Surging foreign direct investments in AI and robotics to support market growth
10.3 EUROPE
10.3.1 EUROPE: RECESSION IMPACT
FIGURE 50 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN EUROPE
TABLE 102 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 103 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
FIGURE 51 GERMANY HELD LARGEST SHARE OF EUROPEAN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN 2022
TABLE 104 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 105 EUROPE: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.3.2 GERMANY
10.3.2.1 High adoption of computer vision systems to get real-time manufacturing data to fuel market growth
10.3.3 UK
10.3.3.1 Increasing investment by government in robotics and AI technologies to foster market growth
10.3.4 FRANCE
10.3.4.1 Rising adoption of AI by manufacturing firms to fuel market growth
10.3.5 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 52 SNAPSHOT OF ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET IN ASIA PACIFIC
TABLE 106 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
TABLE 107 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
TABLE 108 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 109 ASIA PACIFIC: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Strategic planning to achieve Next Generation AI goal by 2030 to boost demand for AI technology by manufacturing firms
10.4.2 JAPAN
10.4.2.1 Strong presence of top-tier IT, machinery, and automobile manufacturing firms to support market growth
10.4.3 SOUTH KOREA
10.4.3.1 Presence of massive computing data centers for AI research to contribute to market growth
10.4.4 REST OF ASIA PACIFIC
10.5 ROW
TABLE 110 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2019–2022 (USD MILLION)
TABLE 111 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION, 2023–2028 (USD MILLION)
TABLE 112 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2019–2022 (USD MILLION)
TABLE 113 ROW: ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY, 2023–2028 (USD MILLION)
10.5.1 SOUTH AMERICA
10.5.1.1 Increased investments in IT infrastructure development to fuel market growth
10.5.2 MIDDLE EAST & AFRICA
10.5.2.1 Increasing deployment of cloud-based cognitive computing in manufacturing sector to drive market
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 MAJOR STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 114 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
11.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
FIGURE 53 FIVE-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET
11.4 MARKET SHARE ANALYSIS
TABLE 115 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SHARE ANALYSIS, 2022
FIGURE 54 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SHARE, BY COMPANY, 2022
11.5 COMPANY EVALUATION MATRIX, 2022
11.5.1 STARS
11.5.2 PERVASIVE PLAYERS
11.5.3 EMERGING LEADERS
11.5.4 PARTICIPANTS
FIGURE 55 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2022
11.6 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: COMPANY FOOTPRINT
11.6.1 COMPANY FOOTPRINT OF TOP PLAYERS
TABLE 116 APPLICATION AND REGIONAL FOOTPRINT OF TOP COMPANIES
TABLE 117 APPLICATION FOOTPRINT OF KEY COMPANIES
TABLE 118 OFFERING FOOTPRINT OF KEY COMPANIES
TABLE 119 REGIONAL FOOTPRINT OF KEY COMPANIES
11.7 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022
11.7.1 PROGRESSIVE COMPANIES
11.7.2 RESPONSIVE COMPANIES
11.7.3 DYNAMIC COMPANIES
11.7.4 STARTING BLOCKS
FIGURE 56 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET (GLOBAL) SME EVALUATION MATRIX, 2022
11.8 COMPETITIVE BENCHMARKING
TABLE 120 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: LIST OF KEY STARTUPS/SMES
TABLE 121 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SITUATIONS AND TRENDS
TABLE 122 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: PRODUCT LAUNCHES, 2021–2023
TABLE 123 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: DEALS, 2021–2023
TABLE 124 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: OTHERS, 2021–2023
12 COMPANY PROFILES
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS
12.1.1 NVIDIA CORPORATION
TABLE 125 NVIDIA CORPORATION: COMPANY OVERVIEW
FIGURE 57 NVIDIA CORPORATION: COMPANY SNAPSHOT
TABLE 126 NVIDIA CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 127 NVIDIA CORPORATION: PRODUCT LAUNCHES
TABLE 128 NVIDIA CORPORATION: DEALS
12.1.2 IBM (INTERNATIONAL BUSINESS MACHINES CORPORATION)
TABLE 129 IBM: COMPANY OVERVIEW
FIGURE 58 IBM: COMPANY SNAPSHOT
TABLE 130 IBM: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 131 IBM: PRODUCT LAUNCHES
TABLE 132 IBM: DEALS
12.1.3 INTEL CORPORATION
TABLE 133 INTEL CORPORATION: COMPANY OVERVIEW
FIGURE 59 INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 134 INTEL CORPORATION: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 135 INTEL CORPORATION: PRODUCT LAUNCHES
TABLE 136 INTEL CORPORATION: DEALS
12.1.4 SIEMENS
TABLE 137 SIEMENS: COMPANY OVERVIEW
FIGURE 60 SIEMENS: COMPANY SNAPSHOT
TABLE 138 SIEMENS: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 139 SIEMENS: PRODUCT LAUNCHES
TABLE 140 SIEMENS: DEALS
12.1.5 GENERAL ELECTRIC
TABLE 141 GENERAL ELECTRIC: COMPANY OVERVIEW
FIGURE 61 GENERAL ELECTRIC: COMPANY SNAPSHOT
TABLE 142 GENERAL ELECTRIC: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 143 GENERAL ELECTRIC: PRODUCT LAUNCHES
TABLE 144 GENERAL ELECTRIC: DEALS
12.1.6 GOOGLE LLC
TABLE 145 GOOGLE LLC: COMPANY OVERVIEW
FIGURE 62 GOOGLE LLC: COMPANY SNAPSHOT
TABLE 146 GOOGLE LLC: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 147 GOOGLE LLC: PRODUCT LAUNCHES
TABLE 148 GOOGLE LLC: DEALS
12.1.7 MICROSOFT
TABLE 149 MICROSOFT: COMPANY OVERVIEW
FIGURE 63 MICROSOFT: COMPANY SNAPSHOT
TABLE 150 MICROSOFT: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 151 MICROSOFT: PRODUCT LAUNCHES
TABLE 152 MICROSOFT: DEALS
12.1.8 MICRON TECHNOLOGY, INC.
TABLE 153 MICRON TECHNOLOGY, INC.: COMPANY OVERVIEW
FIGURE 64 MICRON TECHNOLOGY, INC.: COMPANY SNAPSHOT
TABLE 154 MICRON TECHNOLOGY, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 155 MICRON TECHNOLOGY, INC.: PRODUCT LAUNCHES
TABLE 156 MICRON TECHNOLOGY: DEALS
TABLE 157 MICRON TECHNOLOGY, INC.: OTHERS
12.1.9 AMAZON WEB SERVICES, INC. (AWS)
TABLE 158 AMAZON WEB SERVICES, INC.: COMPANY OVERVIEW
FIGURE 65 AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
TABLE 159 AMAZON WEB SERVICES, INC.: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 160 AMAZON WEB SERVICES, INC.: PRODUCT LAUNCHES
TABLE 161 AMAZON WEB SERVICES, INC.: DEALS
12.1.10 SIGHT MACHINE
TABLE 162 SIGHT MACHINE: COMPANY OVERVIEW
TABLE 163 SIGHT MACHINE: PRODUCT/SOLUTION/SERVICE OFFERINGS
TABLE 164 SIGHT MACHINE: PRODUCT LAUNCHES
TABLE 165 SIGHT MACHINE: DEALS
12.2 OTHER PLAYERS
12.2.1 PROGRESS SOFTWARE CORPORATION (DATARPM)
TABLE 166 PROGRESS SOFTWARE CORPORATION (DATARPM): COMPANY OVERVIEW
12.2.2 AIBRAIN INC.
TABLE 167 AIBRAIN INC.: COMPANY OVERVIEW
12.2.3 GENERAL VISION INC.
TABLE 168 GENERAL VISION INC.: COMPANY OVERVIEW
12.2.4 ROCKWELL AUTOMATION
TABLE 169 ROCKWELL AUTOMATION: COMPANY OVERVIEW
12.2.5 CISCO SYSTEMS, INC.
TABLE 170 CISCO SYSTEMS, INC.: COMPANY OVERVIEW
12.2.6 MITSUBISHI ELECTRIC CORPORATION
TABLE 171 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
12.2.7 ORACLE
TABLE 172 ORACLE: COMPANY OVERVIEW
12.2.8 SAP
TABLE 173 SAP: COMPANY OVERVIEW
12.2.9 VICARIOUS
TABLE 174 VICARIOUS: COMPANY OVERVIEW
12.2.10 UBTECH ROBOTICS CORP LTD
TABLE 175 UBTECH ROBOTICS CORP LTD: COMPANY OVERVIEW
12.2.11 AQUANT
TABLE 176 AQUANT: COMPANY OVERVIEW
12.2.12 BRIGHT MACHINES, INC.
TABLE 177 BRIGHT MACHINES, INC.: COMPANY OVERVIEW
12.2.13 RETHINK ROBOTICS GMBH
TABLE 178 RETHINK ROBOTICS GMBH: COMPANY OVERVIEW
12.2.14 SPARKCOGNITION
TABLE 179 SPARKCOGNITION: COMPANY OVERVIEW
12.2.15 FLUTURA
TABLE 180 FLUTURA: COMPANY OVERVIEW
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 ADJACENT MARKET
13.1 SMART FACTORY MARKET
13.2 INTRODUCTION
FIGURE 66 SMART FACTORY MARKET, BY COMPONENT
FIGURE 67 INDUSTRIAL SENSORS TO HOLD LARGEST SHARE OF SMART FACTORY MARKET FOR COMPONENTS IN 2027
TABLE 181 SMART FACTORY MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 182 SMART FACTORY MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
13.3 INDUSTRIAL SENSORS
TABLE 183 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE, 2018–2021 (USD MILLION)
TABLE 184 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE, 2022–2027 (USD MILLION)
TABLE 185 INDUSTRIAL SENSORS: SMART FACTORY MARKET, 2018–2021 (MILLION UNITS)
TABLE 186 INDUSTRIAL SENSORS: SMART FACTORY MARKET, 2022–2027 (MILLION UNITS)
TABLE 187 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 188 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.3.1 LEVEL SENSORS
13.3.1.1 Rising demand for level sensors to detect and measure levels of liquids, bulk solids, and other fluids to drive market
13.3.2 TEMPERATURE SENSORS
13.3.2.1 Increasing use of temperature sensors in chemicals, energy & power, and oil & gas vertical to support market growth
13.3.3 FLOW SENSORS
13.3.3.1 Rising adoption of flow sensors to measure rate of fluid flow either directly or inferentially to fuel market growth
13.3.4 POSITION SENSORS
13.3.4.1 Increasing application areas of position sensors increasing with technological advancements to drive market
13.3.5 PRESSURE SENSORS
13.3.5.1 Growing adoption of pressure sensors in semiconductor processing, robotics, and test & measurement in industrial applications to contribute to market growth
13.3.6 FORCE SENSORS
13.3.6.1 Rising use of force sensors to ensure safe robot and human interaction to drive market
13.3.7 HUMIDITY & MOISTURE SENSORS
13.3.7.1 Extensive use of humidity and moisture sensors in chemicals, pharmaceuticals, oil & gas, and food & beverages verticals to drive market
13.3.8 IMAGE SENSORS
13.3.8.1 Increasing adoption of image sensors to convert optical images into electronic signals to support market growth
13.3.9 GAS SENSORS
13.3.9.1 Surging adoption of gas sensors to measure concentration of different gases in air to contribute to market growth
13.4 INDUSTRIAL ROBOTS
TABLE 189 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 190 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 191 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
TABLE 192 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
TABLE 193 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 194 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.4.1 TRADITIONAL INDUSTRIAL ROBOTS
13.4.1.1 Articulated robots
13.4.1.1.1 Growing use of articulated robots in assembly and welding to drive segmental growth
13.4.1.2 Cartesian robots
13.4.1.2.1 Potential to carry heavy loads to boost demand for cartesian robots in industrial applications
13.4.1.3 Selective compliance assembly robot arm (SCARA) robots
13.4.1.3.1 Growing utilization of SCARA robots in welding and spray-painting operations to fuel market growth
13.4.1.4 Cylindrical robots
13.4.1.4.1 Suitability of cylindrical robots for pick and place operations to drive market
13.4.1.5 Other robots
13.4.2 COLLABORATIVE ROBOTS
13.4.2.1 Highest adoption rate of collaborative robots in industrial applications to drive market
13.5 INDUSTRIAL 3D PRINTERS
13.5.1 RISING ADOPTION OF INDUSTRIAL PRINTERS TO CONSTRUCT THREE-DIMENSIONAL SOLID OBJECTS TO DRIVE MARKET
TABLE 195 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY OFFERING, 2018–2021 (USD MILLION)
TABLE 196 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY OFFERING, 2022–2027 (USD MILLION)
TABLE 197 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, 2018–2021 (MILLION UNITS)
TABLE 198 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, 2022–2027 (MILLION UNITS)
TABLE 199 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY PROCESS, 2018–2021 (USD MILLION)
TABLE 200 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY PROCESS, 2022–2027 (USD MILLION)
TABLE 201 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 202 INDUSTRIAL 3D PRINTERS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.6 MACHINE VISION SYSTEMS
TABLE 203 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 204 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
TABLE 205 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY COMPONENT, 2018–2021 (USD MILLION)
TABLE 206 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 207 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 208 MACHINE VISION SYSTEMS: SMART FACTORY MARKET, BY REGION, 2022–2027 (USD MILLION)
13.6.1 CAMERAS
13.6.1.1 Rising need for high-quality images to boost demand for smart cameras
13.6.2 FRAME GRABBERS, OPTICS, AND LED LIGHTING
13.6.2.1 Influence of position and quality of other key components, such as LEDs and frame grabbers, on image quality to lead to high demand
13.6.3 PROCESSORS AND SOFTWARE
13.6.3.1 Growing integration of processors and software in machine vision systems to drive market
14 APPENDIX
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
