Artificial Intelligence (AI) in the Global Manufacturing Market to 2025: Increased Adoption in Developing Regions Offers Lucrative Opportunities - ResearchAndMarkets.com
Aug. 24, 2018
DUBLIN--(BUSINESS WIRE)--Aug 24, 2018--The "Artificial Intelligence in Manufacturing Market by Deployment, Technology, Application, and Industry - Global Opportunity Analysis and Industry Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.
The global artificial intelligence in manufacturing market contributed $513.6 million in 2017, and is projected to reach $15,273.7 million in 2025, growing at a CAGR of 55.2%.
Factors such as mass production, operational proficiency, and enhanced productivity achieved by implementing artificial intelligence in manufacturing industry and its processes are estimated to propel the demand for artificial intelligence in manufacturing, globally. Moreover, the improvement of more powerful and reasonable cloud computing infrastructures is devising a robust effect on the growth potential of AI, which is further expected to drive the market growth.
However, shortage of skilled and trained workforce is one of the major challenges faced by the players operating in the industry. On the contrary, rise in technological innovations and development of smarter robots by companies are anticipated to offer lucrative opportunities for the players in the industry.
DriversRise in Adoption of Internet of Things (IoT) & Big Data Integration Enhanced Productivity and Automation Increase in Usage of Computer Vision Cameras Increased Customer Satisfaction
RestraintsLack of Awareness and Technology Integration Among Workers Threat to Human Dignity and Other Threats
OpportunitiesIncreased Adoption in Developing Regions Developing Smarter Robots
Key Players ProfiledBosch Cisco Systems, Inc. General Electric Company IBM Corporation Intel Corporation Microsoft Corporation Mitsubishi Electric Corporation NVIDIA Corporation Oracle Corporation Siemens AG
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Artificial Intelligence in Manufacturing Market, by Deployment
Chapter 5: Artificial Intelligence in Manufacturing Market, by Technology
Chapter 6: Artificial Intelligence in Manufacturing Market, by Application
Chapter 7: Artificial Intelligence in Manufacturing Market, by Industrty
Chapter 8: Artificial Intelligence in Manufacturing Market, by Region
Chapter 9: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/wcqc44/artificial?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180824005134/en/
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Related Topics:Artificial Intelligence
INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE
SOURCE: Research and Markets
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PUB: 08/24/2018 06:57 AM/DISC: 08/24/2018 06:57 AM