Artificial Intelligence In Manufacturing Market Is Expected To Reach $2.2 Billion By 2028- An Exclusive Market Research Report By Lucintel

By Author: Lucintel LLC
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Lucintel's latest market report analyzed that artificial intelligence in manufacturing provides attractive opportunities in the semiconductor & electronic, energy & power, pharmaceutical, medical device, automotive, heavy metal & machine manufacturing, fast-moving consumer good, and aerospace & defense end user industries. The artificial intelligence in manufacturing market is expected to reach $2.2 billion by 2028 with a CAGR of 26.3%. In this market, software is the largest segment by component, whereas medical devices is largest by end use industry.
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Based on component, the artificial intelligence in manufacturing market is segmented into hardware, software, and services. The software segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the growing acceptance of assistants powered by machine learning, cloud based technologies, and learning analytics among different industrial units.
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The Artificial Intelligence in Manufacturing Market is marked by the presence of several big and small players. Some of the prominent players offering artificial intelligence in manufacturing include Alphabet, IBM, Intel, Microsoft, and Nvidia.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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