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AI in Manufacturing Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
AI in Manufacturing MarketThe global Artificial Intelligence in Manufacturing market was valued at USD 3891.4 Million in 2022 and is anticipated to reach USD 43100 Million by 2029, witnessing a CAGR of 49.3% during the forecast period 2023-2029. Key drivers of the AI in manufacturing market include the huge influx of complex datasets in the evolving manufacturing industry. The advent of industrial IoT and automation will bolster the AI in manufacturing market in the future.
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The ever-evolving computing power and gradual shift towards industry 4.0 with widespread applications will surge the market growth in the coming years.
AI in Manufacturing Market Share
Based on region, North America is expected to dominate in the AI manufacturing market share with 38%. This is due to favorable government support and the presence of multiple AI companies. On the other hand, Europe and Asia will follow the lead with 24% and 23%. .
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By Type
• PLC
• SCADA|HMI
• MES
• ERP
By Application
• Ferrous Metallurgy
• Non-ferrous Metallurgy
• Mining
• Oil and Gas
• Chemical
• Others
By Companies
• IBM
• SAS
• SAP SE
• Siemens
• Oracle
• Microsoft
• Mitsubishi Electric Corporation
• Huawei
• General Electric Company
• Intel
• Amazon Web Services
• Cisco Systems
• PROGRESS DataRPM
• Salesforce
• NVIDIA
• Autodesk
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2. https://reports.valuates.com/market-reports/ALLI-Auto-3F324/artificial-intelligence-ai
3. https://reports.valuates.com/market-reports/QYRE-Auto-7L853/global-ai-in-telecommunication
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