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Global Artificial Intelligence (AI) in Manufacturing Market Size study, by Component (Hardware, Software, Services), by Technology (Machine Learning, Computer Vision, Context Awareness, Natural Language Processing), by Application (Material Movement, Predictive Maintenance & Machinery Inspection, Production Planning, Field Services, Quality Control & Reclamation, Others), by End-Use (Semiconductor & Electronics, Energy & Power, Medical Devices, Automobile, Heavy Metal & Machine Manufacturing, Others) and Regional Forecasts 2022-2032

August 2024 | 200 pages | ID: G56930FF3535EN
Bizwit Research & Consulting LLP

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The global Artificial Intelligence (AI) in Manufacturing market is valued approximately at USD 4.10 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 44.20% over the forecast period 2024-2032. Artificial Intelligence in manufacturing refers to the utilization of machine learning and deep learning solutions to optimize manufacturing processes. Leveraging the vast data produced by industrial IoT and smart factories, AI applications in manufacturing encompass predictive maintenance, production planning, process control, quality control, and logistics management. These technologies enable significant cost reductions in maintenance, enhance production efficiency, and support decision-making processes by analysing complex data sets.

The burgeoning demand for enhanced manufacturing efficiency and the proliferation of Industry 4.0 are key drivers of market growth. The integration of AI-driven solutions like analytics, augmented reality, and smart packaging within manufacturing facilities is facilitating the digital transformation of the sector. As manufacturing firms increasingly seek sustainable solutions, AI adoption in this industry is set to expand significantly. Advancements in automation and the growing need for big data integration are also fuelling market expansion. The widespread use of machine vision cameras in various manufacturing applications—ranging from machinery inspection to quality control—illustrates AI's pivotal role in this sector. Key market players are continuously innovating and expanding their product portfolios to maintain competitiveness. For instance, Databricks' launch of the Databricks Lakehouse for manufacturers in April 2023, featuring pre-developed AI solutions, underscores the ongoing technological advancements within the industry.

North America led the market with a 33.9% share in 2023, driven by the presence of top-tier companies producing high-performance AI hardware components. The U.S. government's National Strategy for Advanced Manufacturing emphasizes research and development in machine learning, data privacy, and risk assessment, facilitating AI integration in manufacturing. Additionally, Asia Pacific is poised for significant growth, with countries like China, Japan, and India making strides in smart manufacturing and Industry 4.0 principles, thereby enhancing production procedures through AI-driven technologies.

Major market player included in this report are:

AIBrain Inc.

Amazon Web Services

Aquant Inc.

Cisco Systems Inc.

General Electric Company

General Vision Inc.

Google LLC (Alphabet Inc.)

IBM Corporation

Intel Corporation

Micron Technology Inc.

Microsoft Corporation

Mitsubishi Electric Corporation

NVIDIA Corporation

Oracle Corporation

Rethink Robotics

The detailed segments and sub-segment of the market are explained below:

By Component:
  • Hardware
  • Software
  • Services
By Technology:
  • Machine Learning (ML)
  • Computer Vision
  • Context Awareness
  • Natural Language Processing
By Application:
  • Material Movement
  • Predictive Maintenance & Machinery Inspection
  • Production Planning
  • Field Services
  • Quality Control & Reclamation
  • Others
By End-Use:
  • Semiconductor & Electronics
  • Energy & Power
  • Medical Devices
  • Automobile
  • Heavy Metal & Machine Manufacturing
  • Others
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • ROE
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • RoAPAC
  • Latin America
  • Brazil
  • Mexico
  • RoLA
  • Middle East & Africa
  • Saudi Arabia
  • South Africa
  • RoMEA
Years considered for the study are as follows:
  • Historical year – 2022
  • Base year – 2023
  • Forecast period – 2024 to 2032
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional level analysis for each market segment.
  • Detailed analysis of geographical landscape with Country level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approach.
  • Analysis of competitive structure of the market.
  • Demand side and supply side analysis of the market.
CHAPTER 1. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET EXECUTIVE SUMMARY

1.1. Global Artificial Intelligence in Manufacturing Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
  1.3.1. By Component
  1.3.2. By Technology
  1.3.3. By Application
  1.3.4. By End-Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

CHAPTER 2. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DEFINITION AND RESEARCH ASSUMPTIONS

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
  2.3.1. Inclusion & Exclusion
  2.3.2. Limitations
  2.3.3. Supply Side Analysis
    2.3.3.1. Availability
    2.3.3.2. Infrastructure
    2.3.3.3. Regulatory Environment
    2.3.3.4. Market Competition
    2.3.3.5. Economic Viability (Consumer’s Perspective)
  2.3.4. Demand Side Analysis
    2.3.4.1. Regulatory frameworks
    2.3.4.2. Technological Advancements
    2.3.4.3. Environmental Considerations
    2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

CHAPTER 3. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET DYNAMICS

3.1. Market Drivers
  3.1.1. Increasing Adoption of Industry 4.0
  3.1.2. Growing Demand for Automation
  3.1.3. Integration of Big Data in Manufacturing
3.2. Market Challenges
  3.2.1. Supply Chain Complexities
  3.2.2. High Implementation Costs
3.3. Market Opportunities
  3.3.1. Advancements in Machine Learning
  3.3.2. Expansion in Emerging Markets
  3.3.3. Development of Smart Factories

CHAPTER 4. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SIZE & FORECASTS BY COMPONENT 2022-2032

5.1. Segment Dashboard
5.2. Global Artificial Intelligence in Manufacturing Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  5.2.1. Hardware
  5.2.2. Software
  5.2.3. Services

CHAPTER 6. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SIZE & FORECASTS BY TECHNOLOGY 2022-2032

6.1. Segment Dashboard
6.2. Global Artificial Intelligence in Manufacturing Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  6.2.1. Machine Learning
  6.2.2. Computer Vision
  6.2.3. Context Awareness
  6.2.4. Natural Language Processing

CHAPTER 7. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

7.1. Segment Dashboard
7.2. Global Artificial Intelligence in Manufacturing Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  7.2.1. Material Movement
  7.2.2. Predictive Maintenance & Machinery Inspection
  7.2.3. Production Planning
  7.2.4. Field Services
  7.2.5. Quality Control & Reclamation
  7.2.6. Others

CHAPTER 8. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SIZE & FORECASTS BY END-USE 2022-2032

8.1. Segment Dashboard
8.2. Global Artificial Intelligence in Manufacturing Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
  8.2.1. Semiconductor & Electronics
  8.2.2. Energy & Power
  8.2.3. Medical Devices
  8.2.4. Automobile
  8.2.5. Heavy Metal & Machine Manufacturing
  8.2.6. Others

CHAPTER 9. GLOBAL ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET SIZE & FORECASTS BY REGION 2022-2032

9.1. North America Artificial Intelligence in Manufacturing Market
  9.1.1. U.S. Artificial Intelligence in Manufacturing Market
    9.1.1.1. Component breakdown size & forecasts, 2022-2032
    9.1.1.2. Technology breakdown size & forecasts, 2022-2032
    9.1.1.3. Application breakdown size & forecasts, 2022-2032
    9.1.1.4. End-Use breakdown size & forecasts, 2022-2032
  9.1.2. Canada Artificial Intelligence in Manufacturing Market
9.2. Europe Artificial Intelligence in Manufacturing Market
  9.2.1. U.K. Artificial Intelligence in Manufacturing Market
  9.2.2. Germany Artificial Intelligence in Manufacturing Market
  9.2.3. France Artificial Intelligence in Manufacturing Market
  9.2.4. Spain Artificial Intelligence in Manufacturing Market
  9.2.5. Italy Artificial Intelligence in Manufacturing Market
  9.2.6. Rest of Europe Artificial Intelligence in Manufacturing Market
9.3. Asia-Pacific Artificial Intelligence in Manufacturing Market
  9.3.1. China Artificial Intelligence in Manufacturing Market
  9.3.2. India Artificial Intelligence in Manufacturing Market
  9.3.3. Japan Artificial Intelligence in Manufacturing Market
  9.3.4. Australia Artificial Intelligence in Manufacturing Market
  9.3.5. South Korea Artificial Intelligence in Manufacturing Market
  9.3.6. Rest of Asia Pacific Artificial Intelligence in Manufacturing Market
9.4. Latin America Artificial Intelligence in Manufacturing Market
  9.4.1. Brazil Artificial Intelligence in Manufacturing Market
  9.4.2. Mexico Artificial Intelligence in Manufacturing Market
  9.4.3. Rest of Latin America Artificial Intelligence in Manufacturing Market
9.5. Middle East & Africa Artificial Intelligence in Manufacturing Market
  9.5.1. Saudi Arabia Artificial Intelligence in Manufacturing Market
  9.5.2. South Africa Artificial Intelligence in Manufacturing Market
  9.5.3. Rest of Middle East & Africa Artificial Intelligence in Manufacturing Market

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Key Company SWOT Analysis
  10.1.1. Company
  10.1.2. Company
  10.1.3. Company
10.2. Top Market Strategies
10.3. Company Profiles
  10.3.1. AIBrain Inc.
    10.3.1.1. Key Information
    10.3.1.2. Overview
    10.3.1.3. Financial (Subject to Data Availability)
    10.3.1.4. Product Summary
    10.3.1.5. Market Strategies
  10.3.2. Amazon Web Services
  10.3.3. Aquant Inc.
  10.3.4. Cisco Systems Inc
  10.3.5. General Electric Company
  10.3.6. General Vision Inc.
  10.3.7. Google LLC (Alphabet Inc.)
  10.3.8. IBM Corporation
  10.3.9. Intel Corporation
  10.3.10. Micron Technology Inc.
  10.3.11. Microsoft Corporation
  10.3.12. Mitsubishi Electric Corporation
  10.3.13. NVIDIA Corporation
  10.3.14. Oracle Corporation
  10.3.15. Rethink Robotics

CHAPTER 11. RESEARCH PROCESS

11.1. Research Process
  11.1.1. Data Mining
  11.1.2. Analysis
  11.1.3. Market Estimation
  11.1.4. Validation
  11.1.5. Publishing
11.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Artificial Intelligence in Manufacturing market, report scope
TABLE 2. Global Artificial Intelligence in Manufacturing market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Artificial Intelligence in Manufacturing market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 4. Global Artificial Intelligence in Manufacturing market estimates & forecasts by Technology 2022-2032 (USD Billion)
TABLE 5. Global Artificial Intelligence in Manufacturing market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Global Artificial Intelligence in Manufacturing market estimates & forecasts by End-Use 2022-2032 (USD Billion)
TABLE 7. Global Artificial Intelligence in Manufacturing market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Artificial Intelligence in Manufacturing market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Artificial Intelligence in Manufacturing market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Artificial Intelligence in Manufacturing market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Artificial Intelligence in Manufacturing market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Artificial Intelligence in Manufacturing market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Artificial Intelligence in Manufacturing market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Artificial Intelligence in Manufacturing market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Artificial Intelligence in Manufacturing market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Artificial Intelligence in Manufacturing market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Artificial Intelligence in Manufacturing market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Artificial Intelligence in Manufacturing market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Artificial Intelligence in Manufacturing market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Artificial Intelligence in Manufacturing market estimates & forecasts by segment 2022-2032 (USD Billion)
This list is not complete, the final report does contain more than 100 tables. The list may be updated in the final deliverable.

LIST OF FIGURES

FIG 1. Global Artificial Intelligence in Manufacturing market, research methodology
FIG 2. Global Artificial Intelligence in Manufacturing market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Artificial Intelligence in Manufacturing market, key trends 2023
FIG 5. Global Artificial Intelligence in Manufacturing market, growth prospects 2022-2032
FIG 6. Global Artificial Intelligence in Manufacturing market, porters 5 force model
FIG 7. Global Artificial Intelligence in Manufacturing market, PESTEL analysis
FIG 8. Global Artificial Intelligence in Manufacturing market, value chain analysis
FIG 9. Global Artificial Intelligence in Manufacturing market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Artificial Intelligence in Manufacturing market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Artificial Intelligence in Manufacturing market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Artificial Intelligence in Manufacturing market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Artificial Intelligence in Manufacturing market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Artificial Intelligence in Manufacturing market, regional snapshot 2022 & 2032
FIG 15. North America Artificial Intelligence in Manufacturing market 2022 & 2032 (USD Billion)
FIG 16. Europe Artificial Intelligence in Manufacturing market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Artificial Intelligence in Manufacturing market 2022 & 2032 (USD Billion)
FIG 18. Latin America Artificial Intelligence in Manufacturing market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Artificial Intelligence in Manufacturing market 2022 & 2032 (USD Billion)
FIG 20. Global Artificial Intelligence in Manufacturing market, company market share analysis (2023)
This list is not complete, the final report does contain more than 50 figures. The list may be updated in the final deliverable.


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