Artificial Intelligence Market

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.
Artificial Intelligence Market contains market size and forecasts of Artificial Intelligence in Manufacturing in Global, including the following market information:
Global Artificial Intelligence in Manufacturing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Artificial Intelligence in Manufacturing market was valued at 2608.7 million in 2021 and is projected to reach US$ 39030 million by 2028, at a CAGR of 47.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
PLC Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Artificial Intelligence in Manufacturing include IBM, SAS, SAP SE, Siemens, Oracle, Microsoft, Mitsubishi Electric Corporation, Huawei and General Electric Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Artificial Intelligence in Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Artificial Intelligence in Manufacturing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Artificial Intelligence in Manufacturing Market Segment Percentages, by Type, 2021 (%)
PLC
SCADA|HMI
MES
ERP
Global Artificial Intelligence in Manufacturing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Artificial Intelligence in Manufacturing Market Segment Percentages, by Application, 2021 (%)
Ferrous Metallurgy
Non-ferrous Metallurgy
Mining
Oil and Gas
Chemical
Others
Global Artificial Intelligence in Manufacturing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Artificial Intelligence in Manufacturing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Artificial Intelligence in Manufacturing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Artificial Intelligence in Manufacturing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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