Artificial Intelligence in Manufacturing Market

Artificial Intelligence in Manufacturing Market by Offering (Hardware, Software, and Services), Technology (Machine Learning, Computer Vision, Context-Aware Computing, and NLP), Application, Industry, and Geography - Global Forecast to 2025

Report Code: SE 5470 Jan, 2019, by marketsandmarkets.com

The Artificial Intelligence in manufacturing market is expected to grow from USD 1.0 billion in 2018 to USD 17.2 billion by 2025, at a CAGR of 49.5% during the forecast period. The huge availability of big data and increase in venture captital investments are the factors fueling the growth of the AI in manufacturing market. In addition, evolving industrial IoT and automation is further supplementing the growth of the AI in manufacturing market.

Artificial Intelligence in Manufacturing Market

Processor to hold largest market in hardware segment

Increasing need for hardware platforms with high computing power to run various AI software is the key factor accelerating the growth for hardware devices in the Artificial Intelligence in manufacturing market. Demand for high-computing processors to run AI algorithms continues to surge its growth in the hardware segment. The processor segment consists of MPUs, GPUs, FPGAs, and ASICs. In processors, GPUs are expected to foresee strong growth owing to high parallel computing capabilities, and the same is expected to continue in the coming years.

Machine learning to witness higher growth during forecast period

Machine learning’s ability to collect and handle big data and its applications in various manufacturing applications such as predictive analytics and machinery inspection, quality control, and cybersecurity are fueling its growth. Moreover, ML is expected to account for the largest share of the AI in manufacturing market throughout the forecast period. This is attributed to the enormous availability of data, also called big data, and increase in adoption of ML by factories to improve productivity, reduce machine downtime, and reduce operational cost.

Predictive maintenance and machinery inspection to hold largest size of AI in manufacturing market

In Artificial Intelligence in Manufacturing Market, Extensive use of computer vision and machine learning technology for machinery inspection, installation of Industrial IoTs, and usage of big data in the manufacturing industry are the factors driving the growth of predictive maintenance and machinery inspection in the Artificial Intelligence in manufacturing market. The predictive maintenance and machinery inspection is a regular and systematic application of AI, which ensures proper functioning of equipment and reduces its rate of deterioration. The artificial Intelligence technology in predictive maintenance and machinery inspection encompasses regular examination, inspection, lubrication, testing, and adjustments of equipment without prior knowledge of equipment failure.

Artificial Intelligence in Manufacturing Market

APAC to account for significant share followed by North America in Artificial Intelligence in manufacturing market during forecast period

APAC is also considered to have the most number of manufacturing plants in the world. There are a few dark plants in China, where only robots works, and no human is required. AI implementation can make robots smarter, reduce the downtime of machines, and increase the productivity. Hon Hai Precision Industry Co., Ltd (China) replaced 60,000 factory workers by robots in 2016. This high rate of adoption of industrial robots in manufacturing plants is expected to drive the growth of the AI in manufacturing market in APAC. North America is the major contributor in the AI in manufacturing market, wherein the US accounted for the largest share in 2017. Cross-industry participation in the manufacturing domain, along with a significant increase in venture capital investment, has further propelled the growth of the Artificial Intelligence in manufacturing market in North America.

Key Market Players

A few companies in the Artificial Intelligence in Manufacturing Market are NVIDIA (US), Intel (US), IBM (US), Google (US), Microsoft (US), AWS (US), General Vision (US), GE (US), Siemens (Germany), and Mitsubishi Electric (Japan). The market has active participation of start-ups. A few emerging start-ups in the market are AIBrain (US), Ubtech Robotics (China), and Darktrace (UK).

Intel is among the market leaders in designing and manufacturing advanced integrated digital technology platforms. The company has robust market presence, especially in the PC and data center market, and invests significantly in R&D, which has resulted in its strong position in the Artificial Intelligence market. The company has computing solutions for large complex applications in the cloud to small low-power mobile devices at the edge. In the past 2 years, Intel has significantly demonstrated its strong inorganic growth strategy. The acquisition of companies such as Saffron Technology, Altera, Nervana Systems, Movidius, and Mobileye has further improved its AI product portfolio. As a result, Intel launched a few major products catering to AI, ML, and DL (neural networking). Moreover, a partnership with Artificial Intelligence software solution and service providers is expected to remain a vital growth strategy of the company in the coming years.

Scope of the Report:

Report Metric

Details

Market size available for years

2015–2025

Base year

2017

Forecast period

2018–2025

Units

Value in USD & Volume in thousand units.

Segments covered

Offering, Technology, Application, Industry

Geographic regions covered

North America, APAC, Europe, and RoW

Companies covered

NVIDIA (US), IBM (US), Alphabet Inc. (Google) (US), Microsoft (US), Intel (US), Siemens (Germany), General Electric (US), General Vision (US), Data RPM (US) (now Progress Software Corporation), Clearpath Robotics(Canada), Mitsubishi Electric (Japan)

This report categorizes the AI in manufacturing market based on offering, technology, application, industry, and region.

Artificial Intelligence in Manufacturing Market, by Offering:

  • Hardware
  • Software
  • Services

AI in Manufacturing Market, by Technology:

  • Machine Learning
  • Natural Language Processing
  • Context-Aware Computing
  • Computer Vision

Artificial Intelligence in Manufacturing Market, by Application:

  • Predictive Maintenance & Machinery Inspection
  • Material Movement
  • Production Planning
  • Field Services
  • Quality Control
  • Cybersecurity
  • Industrial Robots
  • Reclamation

AI in Manufacturing Market, by Industry:

  • Automobile
  • Energy & Power
  • Pharmaceuticals
  • Heavy Metals & Machinery Manufacturing
  • Semiconductors & Electronics
  • Food & Beverages
  • Others

Artificial Intelligence in Manufacturing Market, by Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • APAC
    • China
    • Japan
    • South Korea
    • India
    • Rest of APAC
  • RoW
    • Middle East & Africa
    • South America

Recent Developments

  • In September 2018, Siemens launched a new service approach for overhead line inspection called "SIEAERO" at European Utility Week 2018 in Vienna, Austria. For the first time, AI and a long-range unmanned aerial vehicle (UAV) are used to inspect transmission lines. SIEAERO smart analytics software utilizes AI and ML to store, manage, and analyze all data in one integrated software system.
  • In September 2018, Shell Global Solutions (US) announced that it is broadening its work with Microsoft to help accelerate industry transformation and innovation. Through this collaboration, Shell will drive efficiencies across the company from drilling and extraction to employee empowerment and collaboration, as well as safety for its retail customers and employees. As part of this deal, Shell announced that it has selected C3 IoT with Microsoft Azure as its AI platform to enable and accelerate digital transformation on a global scale.
  • In March 2018, Siemens and Atos announced the reinforcement of their strategic cooperation, with plans to accelerate their joint business until 2020 through an ambitious joint go-to-market plan and the strengthening of their joint innovation and investment program. The program has been increased by ~USD 107 million (€100 million), totaling ~USD 353 million (€330 million)—more than three times the original sum.

Key questions addressed in the report

  • Which are the major applications of Artificial Intelligence in manufacturing market? How big is the opportunity for their growth in the developing economies in the next 5 years?
  • Which are the major companies in the AI in manufacturing market? What are their major strategies to strengthen their market presence?
  • Which AI technology will find its major application in manufacturing?
  • Which are the leading countries in the AI in manufacturing market? What would be the share of North America and Europe in this market in the next 5 years?
  • What will be the role of the standards and regulations by governments and associations in the adoption of AI in manufacturing?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Study Objectives
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Secondary and Primary Research
                    2.1.1.1 Key Industry Insights
           2.1.2 Secondary Data
                    2.1.2.1 List of Major Secondary Sources
                    2.1.2.2 Secondary Sources
           2.1.3 Primary Data
                    2.1.3.1 Primary Interviews With Experts
                    2.1.3.2 Breakdown of Primaries
                    2.1.3.3 Primary Sources
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.3 Artificial Intelligence in Manufacturing Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 39)
    4.1 Attractive Opportunities in Artificial Intelligence in Manufacturing Market
    4.2 AI in Manufacturing Market, By Offering
    4.3 AI in Manufacturing Market, By Technology
    4.4 APAC: AI in Manufacturing Market, By Industry and Country
    4.5 AI in Manufacturing Market, By Country

5 Market Overview (Page No. - 43)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasingly Large and Complex Data Set
                    5.2.1.2 Evolving Industrial IoT and Automation
                    5.2.1.3 Improving Computing Power and Declining Hardware Cost
                    5.2.1.4 Increasing Venture Capital Investments
           5.2.2 Restraints
                    5.2.2.1 Reluctance Among Manufacturers to Adopt AI-Based Technologies
           5.2.3 Opportunities
                    5.2.3.1 Growth in Operational Efficiency of Manufacturing Plants
                    5.2.3.2 Application of AI for Intelligent Business Process
           5.2.4 Challenges
                    5.2.4.1 Limited Skilled Workforce
                    5.2.4.2 Concerns Regarding Data Privacy
    5.3 Value Chain Analysis
    5.4 Case Studies
           5.4.1 Siemens Gamesa Uses Fujitsu’s AI Solution to Accelerate Inspection of Turbine Blades
           5.4.2 Volvo Uses Machine Learning-Driven Data Analytics for Predicting Breakdown and Failures
           5.4.3 Rolls-Royce Using Microsoft Cortana Intelligence for Predictive Maintenance
           5.4.4 Paper Packaging Firm Used Sight Machine’s Enterprise Manufacturing Analytics to Improve Production

6 Market, By Offering (Page No. - 51)
    6.1 Introduction
    6.2 Hardware
           6.2.1 Processor
                    6.2.1.1 MPU
                               6.2.1.1.1 MPUs to Hold the Largest Share of AI in Manufacturing Market for Processors During the Forecast Period
                    6.2.1.2 GPU
                               6.2.1.2.1 GPUs to Grow at the Highest CAGR During the Forecast Period
                    6.2.1.3 FPGA
                               6.2.1.3.1 Low Power Consumption and Low Latency Expected to Drive the Market for FPGA
                    6.2.1.4 Asic
                               6.2.1.4.1 User-Specific Customized Solution Offered By Asic to Drive Its Market
           6.2.2 Memory
                    6.2.2.1 High-Bandwidth Memory is Being Developed and Deployed for AI Applications, Independent of Its Computing Architecture
           6.2.3 Network
                    6.2.3.1 Nvidia (US), Intel (US) and Mellanox Technologies (Israel) are the Key Providers of Network Interconnect Adapters for AI Applications
    6.3 Software
           6.3.1 AI Solutions
                    6.3.1.1 On-Premises
                               6.3.1.1.1 Data-Sensitive Enterprises Prefer On-Premise Advanced Nlp and Ml Tools to Be Used in AI Solutions
                    6.3.1.2 Cloud
                               6.3.1.2.1 AI Solution Providers are Focusing on the Development of Robust Cloud-Based Solutions for Their Clients
           6.3.2 AI Platform
                    6.3.2.1 Machine Learning Framework
                               6.3.2.1.1 Major Tech Companies Such as Google, IBM, and Microsoft are Developing and Offering Their Own Ml Frameworks
                    6.3.2.2 Application Program Interface (API)
                               6.3.2.2.1 An API Provides A Platform for A Set of Routines and Tools for Building Software Applications
    6.4 Services
           6.4.1 Deployment & Integration
                    6.4.1.1 Deployment and Integration is A Key Service Required for Configuring AI Systems in Manufacturing
           6.4.2 Support & Maintenance
                    6.4.2.1 The Ultimate Objective of Maintenance Services is to Keep the System at an Acceptable Standard

7 Market, By Technology (Page No. - 65)
    7.1 Introduction
    7.2 Machine Learning
           7.2.1 Deep Learning
                    7.2.1.1 Deep Learning Uses Artificial Neural Networks to Learn Multiple Levels of Data
           7.2.2 Supervised Learning
                    7.2.2.1 Classification and Regression are Major Segmentation of Supervised Learning
           7.2.3 Reinforcement Learning
                    7.2.3.1 Reinforcement Learning Allows Systems and Software to Determine Ideal Behavior for Maximizing Performance of the Systems
           7.2.4 Unsupervised Learning
                    7.2.4.1 Unsupervised Learning Include Clustering Methods Consisting of Algorithms With Unlabeled Training Data
           7.2.5 Others
    7.3 Natural Language Processing
           7.3.1 Nlp is Developed for Making Real-Time Translation and Developing Systems That Can Interact Through Dialogues
    7.4 Context-Aware Computing
           7.4.1 Development of More Sophisticated Hard and Soft Sensors has Accelerated the Growth of Context-Aware Computing
    7.5 Computer Vision
           7.5.1 Computer Vision Analyzes the Information of Different Geometric Shapes, Volumes, and Patterns

8 Market, By Application (Page No. - 75)
    8.1 Introduction
    8.2 Predictive Maintenance and Machinery Inspection
           8.2.1 Predictive Maintenance and Machinery Inspection Provide the Framework for All Planned Maintenance Activities
    8.3 Material Movement
           8.3.1 AI-Based Technology for Material Movement Will Ensure Streamlining of In-Plant Logistics
    8.4 Production Planning
           8.4.1 The Use of AI in Production Planning Leads to the Standardization of Product and Process Sequence
    8.5 Field Services
           8.5.1 Field Services are Extensively Used in Heavy Metals and Machine Manufacturing, Oil & Gas, and Energy and Power Industry
    8.6 Quality Control
           8.6.1 AI-Based Quality Control System is Widely Used in Pharmaceuticals, Food & Beverages, and Semiconductor Industries
    8.7 Cybersecurity
           8.7.1 Automation and Integrating Real-Time Systems in Manufacturing is Resulting in Adoption of Cybersecurity Systems
    8.8 Industrial Robots
           8.8.1 Industrial Robots Can Be Classified Into Traditional Industrial Robots and Collaborative Robots
    8.9 Reclamation
           8.9.1 in Reclamation, AI-Based Systems Detect Important Components From Waste or Slags

9 Market, By Industry (Page No. - 92)
    9.1 Introduction
    9.2 Automobile
           9.2.1 Machine Learning and Computer Vision are the Major AI Technologies Deployed in Automobile Industry
    9.3 Energy and Power
           9.3.1 AI-Based Solutions Can Help Energy and Power Industry to Enhance Production Output and Reduced Downtime
    9.4 Pharmaceuticals
           9.4.1 Quality Control, Material Movement, and Production Planning are the Major Applications of AI in Pharmaceuticals
    9.5 Heavy Metals and Machine Manufacturing
           9.5.1 APAC is Considered to Have the Highest Number of Heavy Metals and Machine Manufacturing Plants in the World
    9.6 Semiconductors and Electronics
           9.6.1 Artificial Intelligence in Manufacturing Market is Likely to Assist in Optimizing the Production Cost, Technology Implementation, and Integration of Components
    9.7 Food & Beverages
           9.7.1 AI-Based Solutions Enhance the Quality of the Food Production Cost-Effectively
    9.8 Others

10 Artificial Intelligence in Manufacturing Market, By Enterprise Type
     10.1 Introduction
     10.2 Small & Medium Enterprises (SMEs)
     10.3 Large Enterprises

11 Market, By Establishment
     11.1 Introduction
     11.2 Private Industry
     11.3 Government-Owned Industry

12 Artificial Intelligence in Manufacturing Market, By Region (Page No. - 103)
     12.1 Introduction
     12.2 North America
             12.2.1 US
                        12.2.1.1 US is Among the Frontrunners in Terms of Adoption of Iiot and Industrial Robots Which is Boosting the Adoption of AI
             12.2.2 Canada
                        12.2.2.1 Government Funding and Extensive Start-Up Activity, Especially in AI are the Major Factors Supporting the Growth of AI
             12.2.3 Mexico
                        12.2.3.1 Increase the Productivity and Reduce the Cost are the Major Factors Leading to the Adoption of AI in Mexico
     12.3 Europe
             12.3.1 Germany
                        12.3.1.1 Implementation of Big Data in the Manufacturing Plant has Resulted in the Adoption of AI-Based Solutions in Germany
             12.3.2 UK
                        12.3.2.1 Favorable Environment for R&D has Led to Innovations in the Field of AI in Manufacturing
             12.3.3 France
                        12.3.3.1 Increased Funding and Rising AI Start-Ups are Expected to Proliferate AI in France
             12.3.4 Italy
                        12.3.4.1 Manufacturers in Italy are Adopting Smart Factory and AI-Based Solutions
             12.3.5 Spain
                        12.3.5.1 Cybersecurity is Among the Emerging Trend of AI in the Manufacturing Sector in Spain
             12.3.6 Rest of Europe
     12.4 APAC
             12.4.1 China
                        12.4.1.1 Manufacturing Sectors in China are Growing Rapidly, Resulting in the Introduction of New Robotics and Big Data Technologies
             12.4.2 Japan
                        12.4.2.1 Federal Initiatives and Presence of World-Leading Manufacturing Companies is Expected to Boost AI in Japan
             12.4.3 South Korea
                        12.4.3.1 Quality Manufacturing Services and Introduction of Automation in Manufacturing Industries is Driving the Market of AI in South Korea
             12.4.4 India
                        12.4.4.1 AI in the Manufacturing Industry is Still in Its Nascent Stage in India
             12.4.5 Rest of APAC
     12.5 RoW
             12.5.1 South America
                        12.5.1.1 South American Region Invests Heavily in IT Services
             12.5.2 Middle East and Africa
                        12.5.2.1 Growing Manufacturing Expenditure in Israel, the Middle East, and North Africa is A Key Growth Driver of AI in Manufacturing

13 Competitive Landscape (Page No. - 127)
     13.1 Overview
     13.2 Ranking of Players, 2017
     13.3 Competitive Scenario
             13.3.1 Product Launches and Developments
             13.3.2 Collaborations, Partnerships, and Agreements
             13.3.3 Acquisitions & Joint Ventures

14 Company Profiles (Page No. - 135)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     14.1 Key Players
             14.1.1 Nvidia
             14.1.2 Intel
             14.1.3 IBM
             14.1.4 Siemens
             14.1.5 General Electric (GE) Company
             14.1.6 Google
             14.1.7 Microsoft
             14.1.8 Micron Technology
             14.1.9 Amazon Web Services (AWS)
             14.1.10 Sight Machine
     14.2 Other Companies
             14.2.1 Progress Software Corporation (Datarpm)
             14.2.2 Aibrain
             14.2.3 General Vision
             14.2.4 Rockwell Automation
             14.2.5 Cisco Systems
             14.2.6 Mitsubishi Electric
             14.2.7 Oracle
             14.2.8 SAP
             14.2.9 Vicarious
             14.2.10 Ubtech Robotics

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

15 Appendix (Page No. - 175)
     15.1 Insights From Industry Experts
     15.2 Discussion Guide
     15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     15.5 Available Customizations
     15.6 Related Reports
     15.7 Author Details


List of Tables (134 Tables)

Table 1 Price Comparison: AI Chipsets (Leading Companies)
Table 2 Artificial Intelligence in Manufacturing Market, By Offering, 2015–2025 (USD Million)
Table 3 AI in Manufacturing Market, By Hardware, 2015–2025 (USD Million)
Table 4 AI in Manufacturing Market for Hardware, By Region, 2015–2025 (USD Million)
Table 5 Market, By Processor, 2015–2025 (USD Million)
Table 6 Market, By Processor, 2015–2025 (Thousand Units)
Table 7 Market for Offering, By Software, 2015–2025 (USD Million)
Table 8 Market for Software, By Region, 2015–2025 (USD Million)
Table 9 Market for Solution, By Deployment, 2015–2025 (USD Million)
Table 10 Market for Software, By Platform, 2015–2025 (USD Million)
Table 11 Market, By Services, 2015–2025 (USD Million)
Table 12 AI in Manufacturing Market for Services, By Region, 2015–2025 (USD Million)
Table 13 Market, By Technology, 2015–2025 (USD Million)
Table 14 Market for Machine Learning, By Type, 2015–2025 (USD Million)
Table 15 Market for Machine Learning, By Application, 2015–2025 (USD Million)
Table 16 Market for Natural Language Processing, By Application, 2015–2025 (USD Million)
Table 17 AI in Manufacturing Market for Context-Aware Computing, By Type, 2015–2025 (USD Million)
Table 18 Market for Context-Aware Computing, By Application, 2015–2025 (USD Million)
Table 19 Market for Computer Vision, By Application, 2015–2025 (USD Million)
Table 20 Market, By Application, 2015–2025 (USD Million)
Table 21 Market for Predictive Maintenance and Machinery Inspection, By Region, 2015–2025 (USD Million)
Table 22 Market for Predictive Maintenance and Machinery Inspection, By Technology, 2015–2025 (USD Million)
Table 23 AI in Manufacturing Market for Material Movement, By Region, 2015–2025 (USD Million)
Table 24 Market for Material Movement, By Technology, 2015–2025 (USD Million)
Table 25 Market for Production Planning, By Region, 2015–2025 (USD Million)
Table 26 Market for Production Planning, By Technology, 2015–2025 (USD Million)
Table 27 Market for Field Services, By Region, 2015–2025 (USD Million)
Table 28 Market for Field Services, By Technology, 2015–2025 (USD Million)
Table 29 Market for Quality Control, By Region, 2015–2025 (USD Million)
Table 30 Market for Quality Control, By Technology, 2015–2025 (USD Million)
Table 31 Market for Cybersecurity, By Region, 2015–2025 (USD Million)
Table 32 AI in Manufacturing Market for Cybersecurity, By Technology, 2015–2025 (USD Million)
Table 33 AI in Manufacturing Market for Industrial Robots, By Region, 2015–2025 (USD Million)
Table 34 Market for Industrial Robots, By Technology, 2015–2025 (USD Million)
Table 35 Market for Reclamation, By Region, 2015–2025 (USD Million)
Table 36 Market for Reclamation, By Technology, 2015–2025 (USD Million)
Table 37 AI in Manufacturing Market, By Industry, 2015–2025 (USD Million)
Table 38 AI in Manufacturing Market for Automobile Industry, By Region, 2015–2025 (USD Million)
Table 39 Market for Energy and Power Industry, By Region, 2015–2025 (USD Million)
Table 40 Market for Pharmaceuticals Industry, By Region, 2015–2025 (USD Million)
Table 41 Market for Heavy Metals and Machine Manufacturing Industry, By Region, 2015–2025 (USD Million)
Table 42 Market for Semiconductors and Electronics Industry, By Region, 2015–2025 (USD Million)
Table 43 Market for Food & Beverages Industry, By Region, 2015–2025 (USD Million)
Table 44 AI in Manufacturing Market for Others, By Region, 2015–2025 (USD Million)
Table 45 AI in Manufacturing Market, By Region, 2015–2025 (USD Million)
Table 46 AI in Manufacturing Market in North America, By Country, 2015–2025 (USD Million)
Table 47 Market in North America for Hardware, By Country, 2015–2025 (USD Million)
Table 48 Market in North America for Software, By Country, 2015–2025 (USD Million)
Table 49 Market in North America for Services, By Country, 2015–2025 (USD Million)
Table 50 Market in Europe, By Country, 2015–2025(USD Million)
Table 51 Market in Europe for Hardware, By Country, 2015–2025 (USD Million)
Table 52 Market in Europe for Software, By Country, 2015–2025 (USD Million)
Table 53 Market in Europe for Services, By Country, 2015–2025 (USD Million)
Table 54 AI in Manufacturing Market in APAC, By Country, 2015–2025 (USD Million)
Table 55 Market in APAC for Hardware, By Country, 2015–2025 (USD Million)
Table 56 AI in Manufacturing Market in APAC for Software, By Country, 2015–2025 (USD Million)
Table 57 Market in APAC for Services, By Country, 2015–2025 (USD Million)
Table 58 Market in RoW, By Region, 2015–2025 (USD Million)
Table 59 AI in Manufacturing Market in RoW for Hardware, By Region, 2015–2025 (USD Million)
Table 60 AI in Manufacturing Market in RoW for Software, By Region, 2015–2025 (USD Million)
Table 61 Market in RoW for Services, By Region, 2015–2025 (USD Million)
Table 62 Market for Hardware, By US, 2015–2025 (USD Million)
Table 63 Market for Hardware, By Canada, 2015–2025 (USD Million)
Table 64 Market for Hardware, By Mexico, 2015–2025 (USD Million)
Table 65 Market for Hardware, By UK, 2015–2025 (USD Million)
Table 66 Market for Hardware, By Germany, 2015–2025 (USD Million)
Table 67 Market for Hardware, By France, 2015–2025 (USD Million)
Table 68 Market for Hardware, By Italy, 2015–2025 (USD Million)
Table 69 AI in Manufacturing Market for Hardware, By Spain, 2015–2025 (USD Million)
Table 70 AI in Manufacturing Market for Hardware, By Rest of the Europe, 2015–2025 (USD Million)
Table 71 Market for Hardware, By China, 2015–2025 (USD Million)
Table 72 Market for Hardware, By Japan, 2015–2025 (USD Million)
Table 73 Market for Hardware, By South Korea, 2015–2025 (USD Million)
Table 74 Market for Hardware, By India, 2015–2025 (USD Million)
Table 75 Market for Hardware, By Rest of APAC, 2015–2025 (USD Million)
Table 76 AI in Manufacturing Market for Hardware, By South America, 2015–2025 (USD Million)
Table 77 AI in Manufacturing Market for Hardware, By MEA, 2015–2025 (USD Million)
Table 78 Market for Software, By US, 2015–2025 (USD Million)
Table 79 Market for Software, By Canada, 2015–2025 (USD Million)
Table 80 Market for Software, By Mexico, 2015–2025 (USD Million)
Table 81 Market for Software, By UK, 2015–2025 (USD Million)
Table 82 Market for Software, By Germany, 2015–2025 (USD Million)
Table 83 Market for Software, By France, 2015–2025 (USD Million)
Table 84 AI in Manufacturing Market for Software, By Italy, 2015–2025 (USD Million)
Table 85 Market for Software, By Spain, 2015–2025 (USD Million)
Table 86 Market for Software, By Rest of the Europe, 2015–2025 (USD Million)
Table 87 AI in Manufacturing Market for Software, By China, 2015–2025 (USD Million)
Table 88 Market for Software, By Japan, 2015–2025 (USD Million)
Table 89 AI in Manufacturing Market for Software, By South Korea, 2015–2025 (USD Million)
Table 90 Market for Software, By India, 2015–2025 (USD Million)
Table 91 AI in Manufacturing Market for Software, By Rest of APAC, 2015–2025 (USD Million)
Table 92 Market for Software, By South America, 2015–2025 (USD Million)
Table 93 Market for Software, By MEA, 2015–2025 (USD Million)
Table 94 Market for US, By Industry, 2015–2025 (USD Million)
Table 95 AI in Manufacturing Market for Canada, By Industry, 2015–2025 (USD Million)
Table 96 Market for Mexico, By Industry, 2015–2025 (USD Million)
Table 97 Market for UK, By Industry, 2015–2025 (USD Million)
Table 98 Market for Germany, By Industry, 2015–2025 (USD Million)
Table 99 Market for France, By Industry, 2015–2025 (USD Million)
Table 100 AI in Manufacturing Market for Italy, By Industry, 2015–2025 (USD Million)
Table 101 AI in Manufacturing Market for Spain, By Industry, 2015–2025 (USD Million)
Table 102 Market for Rest of the Europe, By Industry, 2015–2025 (USD Million)
Table 103 AI in Manufacturing Market for China, By Industry, 2015–2025 (USD Million)
Table 104 Market for Japan, By Industry, 2015–2025 (USD Million)
Table 105 Market for South Korea, By Industry, 2015–2025 (USD Million)
Table 106 Market for India, By Industry, 2015–2025 (USD Million)
Table 107 Market for Rest of APAC, By Industry, 2015–2025 (USD Million)
Table 108 Market for South America, By Industry, 2015–2025 (USD Million)
Table 109 Market for MEA, By Industry, 2015–2025 (USD Million)
Table 110 Market in Automobile for North America, By Country, 2015–2025 (USD Million)
Table 111 Market in Automobile for Europe, By Country, 2015–2025 (USD Million)
Table 112 Market in Automobile for APAC, By Country, 2015–2025 (USD Million)
Table 113 Market in Automobile for RoW, By Country, 2015–2025 (USD Million)
Table 114 Market in Energy & Power for North America, By Country, 2015–2025 (USD Million)
Table 115 AI in Manufacturing Market in Energy & Power for Europe, By Country, 2015–2025 (USD Million)
Table 116 Market in Energy & Power for APAC, By Country, 2015–2025 (USD Million)
Table 117 Market in Energy & Power for RoW, By Country, 2015–2025 (USD Million)
Table 119 Market in Pharmaceuticals for North America, By Country, 2015–2025 (USD Million)
Table 120 Market in Pharmaceuticals for Europe, By Country, 2015–2025 (USD Million)
Table 121 Market in Pharmaceuticals for APAC, By Country, 2015–2025 (USD Million)
Table 122 Market in Pharmaceuticals for RoW, By Country, 2015–2025 (USD Million)
Table 123 Market in Heavy Metals and Machine Manufacturing for North America, By Country, 2015–2025 (USD Million)
Table 124 Market in Heavy Metals and Machine Manufacturing for Europe, By Country, 2015–2025 (USD Million)
Table 125 Market in Heavy Metals and Machine Manufacturing for APAC, By Country, 2015–2025 (USD Million)
Table 126 Market in Heavy Metals and Machine Manufacturing for RoW, By Country, 2015–2025 (USD Million)
Table 127 Market in Semiconductors and Electronics for North America, By Country, 2015–2025 (USD Million)
Table 128 Market in Semiconductors and Electronics for Europe, By Country, 2015–2025 (USD Million)
Table 129 Market in Semiconductors and Electronics for APAC, By Country, 2015–2025 (USD Million)
Table 130 Market in Semiconductors and Electronics for RoW, By Country, 2015–2025 (USD Million)
Table 131 Market in Food & Beverages for North America, By Country, 2015–2025 (USD Million)
Table 132 Market in Food & Beverages for Europe, By Country, 2015–2025 (USD Million)
Table 133 AI in Manufacturing Market in Food & Beverages for APAC, By Country, 2015–2025 (USD Million)
Table 134 AI in Manufacturing Market in Food & Beverages for RoW, By Country, 2015–2025 (USD Million)


List of Figures (48 Figures)

Figure 1 Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Data Triangulation
Figure 5 Assumptions for the Research Study
Figure 6 AI in Manufacturing Market, By Offering, 2018 vs 2025 (USD Million)
Figure 7 Market, By Technology, 2015–2025 (USD Million)
Figure 8 Market, By Application, 2018 vs 2025 (USD Million)
Figure 9 Market, By Industry, 2018 vs 2025 (USD Million)
Figure 10 AI in Manufacturing Market, By Region, 2018
Figure 11 Growing Big Data in Manufacturing and Increasing Industrial Automation are Major Factors Driving Market Growth
Figure 12 Software to Hold Largest Share of AI in Manufacturing Market During Forecast Period
Figure 13 AI in Manufacturing Market for Machine Learning to Hold Largest Size From 2018 to 2025
Figure 14 China to Hold Largest Share of AI in Manufacturing Market in 2018 in APAC
Figure 15 US to Hold Largest Share of AI in Manufacturing Market in 2018
Figure 16 Increasingly Large and Complex Data Set and Industry Trends Such as IoT and Automation are Driving Market Growth
Figure 17 AI in Manufacturing Market Value Chain in 2017
Figure 18 Software to Hold Largest Size of AI in Manufacturing Market During Forecast Period
Figure 19 Market for GPU to Grow at Highest CAGR During Forecast Period
Figure 20 APAC to Hold Largest Size of AI in Manufacturing Market for Software From 2018 to 2025
Figure 21 Machine Learning to Hold Largest Market Share of AI in Manufacturing Market in 2018 and 2025
Figure 22 Quality Control to Witness Highest Growth Throughout Forecast Period
Figure 23 North America to Hold Largest Share of AI in Manufacturing Market for Material Movement in 2018
Figure 24 North America to Hold Largest Size of AI Manufacturing Market for Field Services During Forecast Period
Figure 25 Machine Learning to Hold Largest Size of AI in Manufacturing Market for Application of Quality Control During 2018–2025
Figure 26 APAC to Hold Largest Share of AI in Manufacturing Market for Application of Industrial Robots During 2018–2025
Figure 27 Automobile Held Largest Size of AI in Manufacturing Market in 2018
Figure 28 APAC to Hold Largest Size of AI in Manufacturing for Energy and Power By 2025
Figure 29 APAC to Hold Largest Size of AI in Manufacturing Market for Heavy Metals and Machine Manufacturing During Forecast Period
Figure 30 China & US are Emerging as New Hot Spots in AI in Manufacturing Market
Figure 31 APAC to Dominate AI in Manufacturing Market During Forecast Period
Figure 32 North America: Snapshot of AI in Manufacturing Market
Figure 33 Europe: Snapshot of AI in Manufacturing Market
Figure 34 Germany Held Largest Share of AI in Manufacturing Market in Europe for Hardware in 2018
Figure 35 APAC: Snapshot of AI in Manufacturing Market
Figure 36 RoW: Snapshot of AI in Manufacturing Market
Figure 37 Key Developments Adopted By Top Players in AI in Manufacturing Market From 2016 to 2018
Figure 38 Ranking of Key Companies in AI in Manufacturing Market (2017)
Figure 39 Battle for Market Share: Product Launch Was Key Growth Strategy From 2016 to 2018
Figure 40 Nvidia: Company Snapshot
Figure 41 Intel: Company Snapshot
Figure 42 IBM: Company Snapshot
Figure 43 Siemens: Company Snapshot
Figure 44 GE: Company Snapshot
Figure 45 Google: Company Snapshot
Figure 46 Microsoft: Company Snapshot
Figure 47 Micron Technology: Company Snapshot
Figure 48 AWS: Company Snapshot

The study involved 4 major activities in estimating the current size of the Artificial Intelligence in Manufacturing Market. Exhaustive secondary research has been conducted to collect information about the market, the peer market, and the parent market. Validating findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both, top-down and bottom-up approaches have been employed to estimate the complete market size. In the subsequent steps, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments.

Secondary Research

The research methodology used to estimate and forecast the Artificial Intelligence in Manufacturing Marketbegins with capturing data on revenues of the key vendors in the market through secondary research. This study involves the use of extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical and commercial study of the AI in manufactuing market. Moreover, secondary sources include annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research has been mainly done to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain the qualitative and quantitative information relevant to AI in manufacturing market. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, technology and innovation directors, application developers, application users, and related executives from various key companies and organizations operating in the ecosystem of the Artificial Intelligence in Manufacturing Market.

Artificial Intelligence in Manufacturing Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches have been used to estimate and validate the overall size of the AI in manufacturing market. These methods have also been used extensively to estimate the size of various market subsegments. The research methodology used to estimate the market size includes the following:

  • Key players in major applications and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data have been triangulated by studying various factors and trends from both demand and supply sides.

Report Objectives

  • To describe and forecast the artificial intelligence (AI) in manufacturing market, in terms of value, by offering, technology, application, and industry
  • To describe and forecast the AI in manufacturing market, in terms of value, by region-North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
  • To profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
  • To analyze the competitive developments such as joint ventures, collaborations, agreements, contracts, partnerships, mergers & acquisitions, new product developments, and research and development (R&D) in the AI in manufacturing market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Country-wise breakdown of offering (hardware, software, services), including North America, Europe, APAC, and RoW
  • Region-wise market size in terms of Industry
  • Comprehensive coverage of funding/M&A activities, regulations followed in each region (North America, APAC, Europe, and RoW)

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
SE 5470
Published ON
Jan, 2019
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