Artificial Intelligence in Manufacturing Market is projected to reach USD 18.8 billion by 2027, at a CAGR of 41% over the forecast period 2021-2027. Emerging Industry 4.0, growing large and complex data sets, increasing adoption of industrial IoT the manufacturing industry is a key factor driving the growth of artificial intelligence in the manufacturing market. However, the lack of infrastructure in several countries and high procurement operating costs are hampering the growth of this market to some extent.
A full report of Artificial Intelligence (AI) in Manufacturing Market available at https://www.orionmarketreports.com/artificial-intelligence-ai-in-manufacturing-market/11647/
The key players profiled in this report includes Bosch, Cisco Systems, Inc., General Electric Company, IBM Corporation, Intel Corporation, Microsoft Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, Oracle Corporation, and Siemens AG.
Artificial Intelligence (AI) in Manufacturing Market- Segmentation
By Control Systems
• Distributed Control System (DCS)
• Supervisory Control and Data Acquisition System (SCADA)
• Manufacturing Execution System (MES)
• Safety Instrumented System (SIS)
• Programmable Logic Controller (PLC)
• Human Machine Interface (HMI)
By Components
• Sensors
• Controllers
• Switches & Relays
• Industrial Robots
• Drives
• Others
By End User
• Automotive Manufacturing
• Food & Beverage
• Oil & Gas Processing
• Mining
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
