GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET | INKWOOD RESEARCH - PowerPoint PPT Presentation

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GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET | INKWOOD RESEARCH

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Global Artificial Intelligence (AI) in the manufacturing market is projected to grow with a CAGR of 51.31% during the forecast period of 2019-2027. – PowerPoint PPT presentation

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Title: GLOBAL ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET | INKWOOD RESEARCH


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ARTIFICIAL INTELLIGENCE (AI) IN HEALTHCARE MARKET
FORECAST 2019-2027
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  • The automation can improve business productivity
    by reducing errors and does offer quality
    fast-paced manufacturing efforts to an
    enterprise, outmatching human capacity.
  • Thus, the manufacturing sector is highly inclined
    towards the adoption of industrial automation,
    machine learning, big data, IoT and other
    services that promise better outcomes and
    increase the overall productivity.
  • The market for artificial intelligence in
    manufacturing provides Artificial Intelligence
    technologies specifically for the manufacturing
    processes.
  • The market for artificial intelligence in
    manufacturing provides Artificial Intelligence
    technologies specifically for the manufacturing
    processes.

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  • The current trend of automation and data exchange
    in manufacturing technologies is heralded due to
    the many factors like the challenging
    geopolitical scenario, aging workforce and rising
    wages in automation technology especially in the
    emerging economies of certain countries.
  • This is termed as the fourth industrial
    revolution or Industry 4.0.
  • The limited existence of skilled workforce in
    data science coupled with concerns related to
    data privacy security is expected to restrict
    the growth of the market in the global arena.
  • Data scientists integrate their skills in
    designing, developing training artificial
    intelligence technology, whose absence can
    cause major losses to the marketers.

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The Artificial Intelligence (AI) in
manufacturing market is expected to proliferate
at 51.31 CAGR during the forecasting years of
2019-2027.
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The North American market for AI in manufacturing
is expected to grow at a CAGR of 51.49 from 2019
to 2027.
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Europe Artificial Intelligence in the
manufacturing market, according to Inkwood
Research, is expected to grow at 50.30 CAGR
during the forecasting years of 2019-2027.
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The Asia Pacific alopecia treatment market is
expected to grow at a CAGR of 7.38 during the
forecasting years of 2019-2027.
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Market strategies like mergers acquisitions,
partnerships, contracts, agreements, new
product launches, etc. are deployed by the
eminent market players in the global arena, so as
to reap major revenues for their company and
attain substantial growth and expansion.
Microsoft Corporation, airBrain Inc., DataRPM
(acquired by Progress), Oracle Corporation,
NVIDIA, International Business Machines
Corporation, General Vision, Inc., Alphabet Inc.,
Intel Corporation, Mitsubishi Electric
Corporation, Cisco Systems, Inc., Siemens AG,
General Electric Company, Sight Machine and
Rockwell Automation, Inc. are some of the
companies established in the global AI in
manufacturing market.
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