AI in Manufacturing Market Forecast, Global Trends, Market Share, Industry Size, Growth and Opportunities by 2027


AI in Manufacturing Market Forecast, Size, Projections, SWOT Analysis, Product Research by 2027

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Market Synopsis

As per the analysis by Market Research Future Reports (MRFR), the global artificial industrial in the manufacturing market is estimated to value USD 4.9 Billion, with a CAGR of 45% during the forecast period from 2017 to 2023. The global artificial industrial manufacturing market 2020 is very competitive. The major competitors are implementing various strategies like innovation, mergers and acquisitions, investment in research and development, and economic portfolio. Several domestic and international brands continue to form a competitive environment. Other major factors leading to the growth of the market are industrial internet of things, computer vision technology, big data technology in manufacturing, cross-industry partnerships and collaborations, extensive usage of robotics, and an increase in venture capital investment.

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Market Segmentation

The global artificial industrial in the manufacturing market can be classified on the basis of components, technology, end-users, and region.

On the basis of components, the global artificial industrial in the manufacturing market can be segmented into software and hardware. Among these, the software segment accounted for the largest market share. However, the hardware segment is likely to expand during the forecast period.

On the basis of technology, the global artificial industrial in the manufacturing market can be segmented into Natural Language Processing, Deep Learning, Computer Vision, Context Awareness, and others.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans conducts meet with the industry experts and industrial visits for its research analyst members.

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