Furthermore, many manufacturers are doubtful about the capabilities of AI-based solutions in terms of the accuracy of the maintenance and inspection processes. In this report, the AI in manufacturing market has been segmented into the following categories: Which are the major companies in the market? He holds Business Management Degree and Computer Engineering degree from Gujarat University. In February 2020, Micron, together with technology company Continental (Germany), announced plans to enter into a collaboration agreement to explore and adapt Micron’s deep learning accelerator for next-generation machine learning automotive applications. PDF | On Oct 1, 2018, Baozhen Yao and others published Machine learning in automotive industry | Find, read and cite all the research you need on ResearchGate Primary data has been collected through questionnaires, emails, and telephonic interviews. How is Artificial Intelligent Chatbot’s Allowing Better Business Achievement? Which region is expected to witness significant demand for AI in manufacturing in the coming years? Many manufacturing companies have halted their production, which has collaterally damaged the supply chain and the industry. On the other hand, industries such as pharmaceuticals are expected to witness a moderate impact. Download PDF Abstract: Data science and machine learning are the key technologies when it comes to the processes and products with automatic learning and optimization to be used in the automotive industry of the future. •Deluge of data (Zeta Bytes): 1021 •Massive processing power •AI will transform many industries •but it’s not magic APTA Rail Conference 2019 7 The manufacturing process could be reinvented with Artificial Intelligence so much so that human labourers are no longer needed, at least not to perform the same jobs. The report aims at estimating the market size and future growth of the artificial intelligence in manufacturing based on offering, process, application, vertical, and region. - 58)    4.1 ATTRACTIVE OPPORTUNITIES IN AI IN MANUFACTURING MARKET         FIGURE 11 GROWING BIG DATA IN MANUFACTURING AND INCREASING INDUSTRIAL AUTOMATION ARE MAJOR FACTORS DRIVING MARKET GROWTH    4.2 AI IN MANUFACTURING MARKET, BY OFFERING         FIGURE 12 SOFTWARE TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET DURING FORECAST PERIOD    4.3 AI IN MANUFACTURING MARKET, BY TECHNOLOGY         FIGURE 13 AI IN MANUFACTURING MARKET FOR MACHINE LEARNING TO HOLD LARGEST SIZE FROM 2020 TO 2026    4.4 APAC: AI IN MANUFACTURING MARKET, BY INDUSTRY AND COUNTRY         FIGURE 14 CHINA HELD LARGEST SHARE OF AI IN MANUFACTURING MARKET IN APAC IN 2019    4.5 AI IN MANUFACTURING MARKET, BY COUNTRY         FIGURE 15 CHINA HELD LARGEST SHARE OF AI IN MANUFACTURING MARKET IN 2019, 5 MARKET OVERVIEW (Page No. Artificial intelligence is one of the new keys to success in the automotive industry — from enabling autonomous vehicles to transforming research, design and manufacturing processes. The increasing demand for reducing the operational costs and machine downtime is also supplementing the growth of predictive maintenance and machinery inspection application in industries. - 70)    6.1 INTRODUCTION         TABLE 2 PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY OFFERING, 2017–2026 (USD MILLION)        FIGURE 18 SOFTWARE TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET DURING FORECAST PERIOD        TABLE 3 AI IN MANUFACTURING MARKET, BY OFFERING, 2017–2019 (USD MILLION)        TABLE 4 AI IN MANUFACTURING MARKET, BY OFFERING, 2020–2026 (USD MILLION)    6.2 HARDWARE         TABLE 5 AI IN MANUFACTURING MARKET, BY HARDWARE, 2017–2019 (USD MILLION)        TABLE 6 AI IN MANUFACTURING MARKET, BY HARDWARE, 2020–2026 (USD MILLION)        TABLE 7 AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION, 2017–2019 (USD MILLION)        TABLE 8 AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION, 2020–2026 (USD MILLION)           6.2.1 PROCESSOR                    6.2.1.1 High parallel processing capabilities and improved computing power have resulted in adoption of processors                            FIGURE 19 MARKET FOR GPU TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD                            TABLE 9 AI IN MANUFACTURING MARKET, BY PROCESSOR, 2017–2019 (USD MILLION)                            TABLE 10 AI IN MANUFACTURING MARKET, BY PROCESSOR, 2020–2026 (USD MILLION)                               6.2.1.1.1 MPU                               6.2.1.1.2 GPU                               6.2.1.1.3 FPGA                               6.2.1.1.4 ASIC           6.2.2 MEMORY                    6.2.2.1 High-bandwidth memory is being developed and deployed for AI applications, independent of its computing architecture           6.2.3 NETWORK                    6.2.3.1 Nvidia (US), Intel (US) and Mellanox Technologies (Israel) are key providers of network interconnect adapters for AI applications    6.3 SOFTWARE         TABLE 11 AI IN MANUFACTURING MARKET FOR OFFERING, BY SOFTWARE, 2017–2019 (USD MILLION)        TABLE 12 AI IN MANUFACTURING MARKET FOR OFFERING, BY SOFTWARE, 2020–2026 (USD MILLION)        FIGURE 20 APAC TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR SOFTWARE FROM 2020 TO 2026        TABLE 13 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY REGION, 2017–2019 (USD MILLION)        TABLE 14 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY REGION, 2020–2026 (USD MILLION)           6.3.1 AI SOLUTIONS                 TABLE 15 AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT, 2017–2019 (USD MILLION)                 TABLE 16 AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT, 2020–2026 (USD MILLION)                    6.3.1.1 On-Premises                               6.3.1.1.1 Data-sensitive enterprises prefer on-premise advanced NLP and ML tools to be used in AI solutions                    6.3.1.2 Cloud                               6.3.1.2.1 AI solution providers are focusing on development of robust cloud-based solutions for their clients           6.3.2 AI PLATFORM                 TABLE 17 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY PLATFORM, 2017–2019 (USD MILLION)                 TABLE 18 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY PLATFORM, 2020–2026 (USD MILLION)                    6.3.2.1 Machine learning framework                               6.3.2.1.1 Major tech companies such as Google, IBM, and Microsoft are developing and offering their ML frameworks                    6.3.2.2 Application Program Interface (API)                               6.3.2.2.1 API provides platform for set of routines and tools for building software applications    6.4 SERVICES         TABLE 19 AI IN MANUFACTURING MARKET, BY SERVICES, 2017–2019 (USD MILLION)        TABLE 20 AI IN MANUFACTURING MARKET, BY SERVICES, 2020–2026 (USD MILLION)        TABLE 21 AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION, 2017–2019 (USD MILLION)        TABLE 22 AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION, 2020–2026 (USD MILLION)           6.4.1 DEPLOYMENT & INTEGRATION                    6.4.1.1 Deployment and integration is a key service required for configuring AI systems in manufacturing           6.4.2 SUPPORT & MAINTENANCE                    6.4.2.1 Objective of maintenance services is to keep systems at an accep        TABLE standard    6.5 IMPACT OF COVID-19 ON VARIOUS OFFERING OF AI TECHNOLOGY FOR MANUFACTURING, 7 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY (Page No. Obtaining real knowledge about how cars are used can also optimize dealership offerings Statista estimated that the market for partially autonomous cars will be at $36 billion by 2025, and the market for fully autonomous cars will be at $6 billion.We researched the automotive space to discover how and where AI might be driving business value for companies in the auto industry. Top-down and bottom-up approaches were implemented to estimate and validate the total size of the AI in manufacturing market. Another significant contribution to artificial intelligence is making is the use of biometrics to analyze driver security. But, as the technology evolves, so does the automotive with its trends and discoveries. Robo Advisor in 2020: What are its Algorithms and How Do They Work? Vehicle manufacturers are also looking to Artificial Intelligence to help people avoid human errors that lead to accidents. MarketsandMarkets offers the following customizations for this report: Benchmarking the rapid strategy shifts of the Top 100 companies in the Artificial Intelligence in Manufacturing Market, 7500+ companies worldwide approach us every year for their revenue growth inititatives. These countries are considered as some of the important manufacturing hubs worldwide. How Virtual Reality Applications Will Impact Business? However, in the current situation, manufacturing ecosystems have been disrupted, and thus, the growth of AI solutions will also get affected negatively in such industries. Industrial AI is a systematic AI technologies offer manufacturers the tools that would help them in a better predictive maintenance and machinery inspection process. Reach us at sales@fusioninformatics.com to know more about Artificial intelligence. The study involved the estimation of the current size of the Artificial Inteeligence (AI) in manufacturing market. Essentially, it refers to computers or machines performing tasks that would normally require human intelligence to carry out. 80% of fortune 2000 companies rely on our research to identify new revenue sources. The growth in the adoption of AI solutions is completely dependent on the growth of manufacturing units. Artificial Intelligence will improve automobile companies how vehicles are manufactured and how inventory is maintained and the quality control will also increase. Artificial intelligence processes are now synthesizing data in order to learn how best to react and how humans react to driving situations. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. Secondary data was collected and analyzed to arrive at the overall size of the AI in manufacturing market and from executives of various key companies and organizations operating in the AI in manufacturing market. But one manufacturer which is already seeing exciting changes from Artificial Intelligence in the automotive industry. Extensive use of computer vision cameras in machinery inspection, adoption of Industrial Internet of Things (IIoT), and use of big data in the manufacturing industry are the factors driving the growth of the AI in manufacturing market for the predictive maintenance and machinery inspection application. A large number of manufacturing plants, huge presence of hardware manufacturers, and high adoption rate of robotics in China, Japan, and South Korea are driving the growth of the AI in manufacturing market in the APAC region. - 98)    8.1 INTRODUCTION         TABLE 38 PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY APPLICATION, 2017–2026 (USD MILLION)        FIGURE 22 QUALITY CONTROL TO WITNESS HIGHEST GROWTH THROUGHOUT FORECAST PERIOD        TABLE 39 AI IN MANUFACTURING MARKET, BY APPLICATION, 2017–2019 (USD MILLION)        TABLE 40 AI IN MANUFACTURING MARKET, BY APPLICATION, 2020–2026 (USD MILLION)    8.2 PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION            8.2.1 PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION PROVIDE THE FRAMEWORK FOR ALL PLANNED MAINTENANCE ACTIVITIES                 TABLE 41 AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY REGION, 2017–2019 (USD MILLION)                 TABLE 42 AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY REGION, 2020–2026 (USD MILLION)                 TABLE 43 AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 44 AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.3 MATERIAL MOVEMENT            8.3.1 AI-BASED TECHNOLOGY FOR MATERIAL MOVEMENT WILL ENSURE STREAMLINING OF IN-PLANT LOGISTICS                 FIGURE 23 NORTH AMERICA TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT IN 2020                 TABLE 45 AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY REGION, 2017–2019 (USD MILLION)                 TABLE 46 AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY REGION, 2020–2026 (USD MILLION)                 TABLE 47 AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 48 AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.4 PRODUCTION PLANNING            8.4.1 THE USE OF AI IN PRODUCTION PLANNING LEADS TO THE STANDARDIZATION OF PRODUCT AND PROCESS SEQUENCE                 TABLE 49 AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY REGION, 2017–2019 (USD MILLION)                 TABLE 50 AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY REGION, 2020–2026 (USD MILLION)                 TABLE 51 AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 52 AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.5 FIELD SERVICES            8.5.1 FIELD SERVICES ARE EXTENSIVELY USED IN HEAVY METALS AND MACHINE MANUFACTURING, OIL & GAS, AND ENERGY AND POWER INDUSTRY                 FIGURE 24 NORTH AMERICA TO HOLD LARGEST SIZE OF AI MANUFACTURING MARKET FOR FIELD SERVICES DURING FORECAST PERIOD                 TABLE 53 AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY REGION, 2017–2019 (USD MILLION)                 TABLE 54 AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY REGION, 2020–2026 (USD MILLION)                 TABLE 55 AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 56 AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.6 QUALITY CONTROL            8.6.1 AI-BASED QUALITY CONTROL SYSTEM IS WIDELY USED IN PHARMACEUTICALS, FOOD & BEVERAGES, AND SEMICONDUCTOR INDUSTRIES                 TABLE 57 AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY REGION, 2017–2019 (USD MILLION)                 TABLE 58 AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY REGION, 2020–2026 (USD MILLION)                 FIGURE 25 MACHINE LEARNING TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR APPLICATION OF QUALITY CONTROL DURING 2020–2026                 TABLE 59 AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 60 AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.7 CYBERSECURITY            8.7.1 AUTOMATION AND INTEGRATING REAL-TIME SYSTEMS IN MANUFACTURING IS RESULTING IN ADOPTION OF CYBERSECURITY SYSTEMS                 TABLE 61 AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY REGION, 2017–2019 (USD MILLION)                 TABLE 62 AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY REGION, 2020–2026 (USD MILLION)                 TABLE 63 AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 64 AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.8 INDUSTRIAL ROBOTS            8.8.1 INDUSTRIAL ROBOTS CAN BE CLASSIFIED INTO TRADITIONAL INDUSTRIAL ROBOTS AND COLLABORATIVE ROBOTS                 FIGURE 26 APAC TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET FOR APPLICATION OF INDUSTRIAL ROBOTS DURING 2020–2026                 TABLE 65 AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY REGION, 2017–2019 (USD MILLION)                 TABLE 66 AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY REGION, 2020–2026 (USD MILLION)                 TABLE 67 AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 68 AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY TECHNOLOGY, 2020–2026 (USD MILLION)    8.9 RECLAMATION            8.9.1 IN RECLAMATION, AI-BASED SYSTEMS DETECT IMPORTANT COMPONENTS FROM WASTE OR SLAGS                 TABLE 69 AI IN MANUFACTURING MARKET FOR RECLAMATION, BY REGION, 2017–2019 (USD MILLION)                 TABLE 70 AI IN MANUFACTURING MARKET FOR RECLAMATION, BY REGION, 2020–2026 (USD MILLION)                 TABLE 71 AI IN MANUFACTURING MARKET FOR RECLAMATION, BY TECHNOLOGY, 2017–2019 (USD MILLION)                 TABLE 72 AI IN MANUFACTURING MARKET FOR RECLAMATION, BY TECHNOLOGY, 2020–2026 (USD MILLION), 9 ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY (Page No. However, manufacturers are now increasingly accepting the potential benefits of AI-based solutions and the spectrum of applications they serve. 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