Global Artificial Intelligence in Manufacturing Market Growth (Status and Outlook) 2023-2029

Global Artificial Intelligence in Manufacturing Market Growth (Status and Outlook) 2023-2029

Artificial Intelligence (AI) is one of the most exciting technologies of the 21st century and has been the subject of debate across various business sectors. AI has several industrial applications where production plants can operate without human supervision. The machinery and equipment that are AI-enabled can function by acquiring human intelligence abilities. Supply chains in manufacturing are quickly adapting AI technologies as part of their digitization strategies. AI in supply chains helps in organizing and analysing data, which helps decision making problems, ranging from logistics to warehousing.
LPI (LP Information)' newest research report, the “Artificial Intelligence in Manufacturing Industry Forecast” looks at past sales and reviews total world Artificial Intelligence in Manufacturing sales in 2022, providing a comprehensive analysis by region and market sector of projected Artificial Intelligence in Manufacturing sales for 2023 through 2029. With Artificial Intelligence in Manufacturing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Artificial Intelligence in Manufacturing industry.
This Insight Report provides a comprehensive analysis of the global Artificial Intelligence in Manufacturing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Artificial Intelligence in Manufacturing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Artificial Intelligence in Manufacturing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Artificial Intelligence in Manufacturing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Artificial Intelligence in Manufacturing.
The global Artificial Intelligence in Manufacturing market size is projected to grow from US$ 2480.2 million in 2022 to US$ 44690 million in 2029; it is expected to grow at a CAGR of 51.1% from 2023 to 2029.
Global artificial intelligence in manufacturing includes IBM, SAS, SAP SE, Siemens and Oracle, etc. Global top 3 companies hold a share over 33%. Americas is the largest market, with a share about 38%, followed by Europe and Asia with the share about 24% and 23%.
This report presents a comprehensive overview, market shares, and growth opportunities of Artificial Intelligence in Manufacturing market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
PLC
SCADA|HMI
MES
ERP
Segmentation by application
Ferrous Metallurgy
Non-ferrous Metallurgy
Mining
Oil and Gas
Chemical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
SAS
SAP SE
Siemens
Oracle
Microsoft
Mitsubishi Electric Corporation
Huawei
General Electric Company
Intel
Amazon Web Services
Google
Cisco Systems
PROGRESS DataRPM
Salesforce
NVIDIA
Autodesk

Please note: The report will take approximately 2 business days to prepare and deliver.