Table of Content


1    INTRODUCTION    38
1.1    STUDY OBJECTIVES    38
1.2    MARKET DEFINITION    38
1.3    STUDY SCOPE    39
1.3.1    MARKETS COVERED    39
1.3.2    YEARS CONSIDERED    39
1.4    CURRENCY    40
1.5    STAKEHOLDERS    40
2    RESEARCH METHODOLOGY    41
2.1    RESEARCH DATA    41
FIGURE 1    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET: RESEARCH DESIGN    41
2.1.1    SECONDARY AND PRIMARY RESEARCH    43
2.1.1.1    Key industry insights    43
2.1.2    SECONDARY DATA    44
2.1.2.1    List of major secondary sources    44
2.1.2.2    Secondary sources    45
2.1.3    PRIMARY DATA    45
2.1.3.1    Primary interviews with experts    45
2.1.3.2    Breakdown of primaries    46
2.1.3.3    Primary sources    46
2.2    MARKET SIZE ESTIMATION    47
2.2.1    BOTTOM-UP APPROACH    47
2.2.1.1    Estimating market size by bottom-up approach (demand side)    47
FIGURE 2    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    48
2.2.2    TOP-DOWN APPROACH    48
2.2.2.1    Approach for capturing the market share by top-down analysis (supply side)    48
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    49
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    49
FIGURE 4    DATA TRIANGULATION    49
2.4    RESEARCH ASSUMPTIONS    50
TABLE 1    ASSUMPTIONS FOR THE RESEARCH STUDY    50
3    EXECUTIVE SUMMARY    51
FIGURE 5    AI IN MANUFACTURING MARKET, BY OFFERING,
2020 VS. 2026 (USD MILLION)    52
FIGURE 6    AI IN MANUFACTURING MARKET, BY TECHNOLOGY,
2017–2026 (USD MILLION)    53
FIGURE 7    AI IN MANUFACTURING MARKET, BY APPLICATION,
2020 VS. 2026 (USD MILLION)    54
FIGURE 8    AI IN MANUFACTURING MARKET, BY INDUSTRY, 2020 VS. 2026    55
FIGURE 9    AI IN MANUFACTURING MARKET, BY REGION, 2019    56
3.1    COVID-19 IMPACT ANALYSIS: AI IN MANUFACTURING MARKET    57
FIGURE 10    PRE- AND POST-COVID-19 SCENARIO ANALYSIS FOR
AI IN MANUFACTURING MARKET    57
3.1.1    PRE-COVID-19 SCENARIO    57
3.1.2    POST-COVID-19 SCENARIO    57
4    PREMIUM INSIGHTS    58
4.1    ATTRACTIVE OPPORTUNITIES IN AI IN MANUFACTURING MARKET    58
FIGURE 11    GROWING BIG DATA IN MANUFACTURING AND INCREASING INDUSTRIAL AUTOMATION ARE MAJOR FACTORS DRIVING MARKET GROWTH    58
4.2    AI IN MANUFACTURING MARKET, BY OFFERING    58
FIGURE 12    SOFTWARE TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET DURING FORECAST PERIOD    58
4.3    AI IN MANUFACTURING MARKET, BY TECHNOLOGY    59
FIGURE 13    AI IN MANUFACTURING MARKET FOR MACHINE LEARNING TO HOLD LARGEST SIZE FROM 2020 TO 2026    59
4.4    APAC: AI IN MANUFACTURING MARKET, BY INDUSTRY AND COUNTRY    59
FIGURE 14    CHINA HELD LARGEST SHARE OF AI IN MANUFACTURING MARKET IN
APAC IN 2019    59
4.5    AI IN MANUFACTURING MARKET, BY COUNTRY    60
FIGURE 15    CHINA HELD LARGEST SHARE OF AI IN MANUFACTURING MARKET IN 2019    60
5    MARKET OVERVIEW    61
5.1    INTRODUCTION    61
5.2    MARKET DYNAMICS    62
FIGURE 16    INCREASINGLY LARGE AND COMPLEX DATASETS AND INDUSTRY TRENDS SUCH AS IOT AND AUTOMATION ARE DRIVING MARKET GROWTH    62
5.2.1    DRIVERS    62
5.2.1.1    Increasingly large and complex dataset    62
5.2.1.2    Evolving Industrial IoT and automation    63
5.2.1.3    Improving computing power    63
5.2.1.4    Increasing venture capital investments    64
5.2.2    RESTRAINTS    64
5.2.2.1    Reluctance among manufacturers to adopt AI-based technologies    64
5.2.3    OPPORTUNITIES    65
5.2.3.1    Growth in operational efficiency of manufacturing plants    65
5.2.3.2    Application of AI for intelligent business process    65
5.2.3.3    Adoption of automation technologies to curb effects of COVID-19    65

5.2.4    CHALLENGES    66
5.2.4.1    Limited skilled workforce    66
5.2.4.2    Concerns regarding data privacy    66
5.2.4.3    Significant financial and operational impact of COVID-19 outbreak on manufacturing    66
5.3    VALUE CHAIN ANALYSIS    67
FIGURE 17    AI IN MANUFACTURING MARKET VALUE CHAIN IN 2019    67
5.4    CASE STUDIES    68
5.4.1    SIEMENS GAMESA USES FUJITSU’S AI SOLUTION TO ACCELERATE INSPECTION OF TURBINE BLADES    68
5.4.2    VOLVO USES MACHINE LEARNING-DRIVEN DATA ANALYTICS FOR PREDICTING BREAKDOWN AND FAILURES    68
5.4.3    ROLLS-ROYCE USING MICROSOFT CORTANA INTELLIGENCE FOR PREDICTIVE MAINTENANCE    69
5.4.4    PAPER PACKAGING FIRM USED SIGHT MACHINE’S ENTERPRISE MANUFACTURING ANALYTICS TO IMPROVE PRODUCTION    69
5.5    ADJACENT AND RELATED MARKETS    69
6    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY OFFERING    70
6.1    INTRODUCTION    71
TABLE 2    PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY OFFERING, 2017–2026 (USD MILLION)    71
FIGURE 18    SOFTWARE TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET DURING FORECAST PERIOD    72
TABLE 3    AI IN MANUFACTURING MARKET, BY OFFERING, 2017–2019 (USD MILLION)    72
TABLE 4    AI IN MANUFACTURING MARKET, BY OFFERING, 2020–2026 (USD MILLION)    72
6.2    HARDWARE    73
TABLE 5    AI IN MANUFACTURING MARKET, BY HARDWARE,
2017–2019 (USD MILLION)    73
TABLE 6    AI IN MANUFACTURING MARKET, BY HARDWARE,
2020–2026 (USD MILLION)    73
TABLE 7    AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION,
2017–2019 (USD MILLION)    74
TABLE 8    AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION,
2020–2026 (USD MILLION)    74
6.2.1    PROCESSOR    75
6.2.1.1    High parallel processing capabilities and improved computing power have resulted in adoption of processors    75
FIGURE 19    MARKET FOR GPU TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    75
TABLE 9    AI IN MANUFACTURING MARKET, BY PROCESSOR,
2017–2019 (USD MILLION)    76
TABLE 10    AI IN MANUFACTURING MARKET, BY PROCESSOR,
2020–2026 (USD MILLION)    76
6.2.1.1.1    MPU    76
6.2.1.1.2    GPU    76
6.2.1.1.3    FPGA    76
6.2.1.1.4    ASIC    77
6.2.2    MEMORY    77
6.2.2.1    High-bandwidth memory is being developed and deployed for
AI applications, independent of its computing architecture    77
6.2.3    NETWORK    78
6.2.3.1    Nvidia (US), Intel (US) and Mellanox Technologies (Israel) are key providers of network interconnect adapters for AI applications    78
6.3    SOFTWARE    78
TABLE 11    AI IN MANUFACTURING MARKET FOR OFFERING, BY SOFTWARE,
2017–2019 (USD MILLION)    78
TABLE 12    AI IN MANUFACTURING MARKET FOR OFFERING, BY SOFTWARE,
2020–2026 (USD MILLION)    78
FIGURE 20    APAC TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR SOFTWARE FROM 2020 TO 2026    79
TABLE 13    AI IN MANUFACTURING MARKET FOR SOFTWARE, BY REGION,
2017–2019 (USD MILLION)    79
TABLE 14    AI IN MANUFACTURING MARKET FOR SOFTWARE, BY REGION,
2020–2026 (USD MILLION)    80
6.3.1    AI SOLUTIONS    80
TABLE 15    AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT,
2017–2019 (USD MILLION)    80
TABLE 16    AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT,
2020–2026 (USD MILLION)    80
6.3.1.1    On-Premises    81
6.3.1.1.1    Data-sensitive enterprises prefer on-premise advanced
NLP and ML tools to be used in AI solutions    81
6.3.1.2    Cloud    81
6.3.1.2.1    AI solution providers are focusing on development of robust cloud-based solutions for their clients    81
6.3.2    AI PLATFORM    81
TABLE 17    AI IN MANUFACTURING MARKET FOR SOFTWARE, BY PLATFORM,
2017–2019 (USD MILLION)    82
TABLE 18    AI IN MANUFACTURING MARKET FOR SOFTWARE, BY PLATFORM,
2020–2026 (USD MILLION)    82
6.3.2.1    Machine learning framework    82
6.3.2.1.1    Major tech companies such as Google, IBM, and Microsoft are developing and offering their ML frameworks    82
6.3.2.2    Application Program Interface (API)    83
6.3.2.2.1    API provides platform for set of routines and tools for building software applications    83
6.4    SERVICES    83
TABLE 19    AI IN MANUFACTURING MARKET, BY SERVICES, 2017–2019 (USD MILLION)    83
TABLE 20    AI IN MANUFACTURING MARKET, BY SERVICES, 2020–2026 (USD MILLION)    83
TABLE 21    AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION,
2017–2019 (USD MILLION)    84
TABLE 22    AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION,
2020–2026 (USD MILLION)    84
6.4.1    DEPLOYMENT & INTEGRATION    84
6.4.1.1    Deployment and integration is a key service required for configuring AI systems in manufacturing    84
6.4.2    SUPPORT & MAINTENANCE    85
6.4.2.1    Objective of maintenance services is to keep systems at an acceptable standard    85
6.5    IMPACT OF COVID-19 ON VARIOUS OFFERING OF AI TECHNOLOGY FOR MANUFACTURING    85
7    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY TECHNOLOGY    86
7.1    INTRODUCTION    87
TABLE 23    PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET,
BY TECHNOLOGY, 2017–2026 (USD MILLION)    87
FIGURE 21    MACHINE LEARNING TO HOLD LARGEST MARKET SHARE OF AI IN MANUFACTURING MARKET IN 2020 AND 2026    87
TABLE 24    AI IN MANUFACTURING MARKET, BY TECHNOLOGY,
2017–2019 (USD MILLION)    88
TABLE 25    AI IN MANUFACTURING MARKET, BY TECHNOLOGY,
2020–2026 (USD MILLION)    88
7.2    MACHINE LEARNING    88
TABLE 26    AI IN MANUFACTURING MARKET FOR MACHINE LEARNING, BY TYPE,
2017–2019 (USD MILLION)    89
TABLE 27    AI IN MANUFACTURING MARKET FOR MACHINE LEARNING, BY TYPE,
2020–2026 (USD MILLION)    89
TABLE 28    AI IN MANUFACTURING MARKET FOR MACHINE LEARNING, BY APPLICATION, 2017–2019 (USD MILLION)    90
TABLE 29    AI IN MANUFACTURING MARKET FOR MACHINE LEARNING, BY APPLICATION, 2020–2026 (USD MILLION)    90
7.2.1    DEEP LEARNING    91
7.2.1.1    Deep learning uses artificial neural networks to learn multiple levels of data    91
7.2.2    SUPERVISED LEARNING    92
7.2.2.1    Classification and regression are major segments of supervised learning    92
7.2.3    REINFORCEMENT LEARNING    92
7.2.3.1    Reinforcement learning allows systems and software to determine ideal behavior for maximizing performance of systems    92
7.2.4    UNSUPERVISED LEARNING    92
7.2.4.1    Unsupervised learning Includes clustering methods consisting of algorithms with unlabeled training data    92
7.2.5    OTHERS    92
7.3    NATURAL LANGUAGE PROCESSING    93
7.3.1    NLP IS DEVELOPED FOR REAL-TIME TRANSLATION AND DEVELOPING SYSTEMS THAT CAN INTERACT THROUGH DIALOGUES    93
TABLE 30    AI IN MANUFACTURING MARKET FOR NATURAL LANGUAGE PROCESSING,
BY APPLICATION, 2017–2019 (USD MILLION)    93
TABLE 31    AI IN MANUFACTURING MARKET FOR NATURAL LANGUAGE PROCESSING,
BY APPLICATION, 2020–2026 (USD MILLION)    94
7.4    CONTEXT-AWARE COMPUTING    94
7.4.1    DEVELOPMENT OF MORE SOPHISTICATED HARD AND SOFT SENSORS HAS ACCELERATED GROWTH OF CONTEXT-AWARE COMPUTING    94
TABLE 32    AI IN MANUFACTURING MARKET FOR CONTEXT-AWARE COMPUTING, BY TYPE, 2017–2019 (USD MILLION)    95
TABLE 33    AI IN MANUFACTURING MARKET FOR CONTEXT-AWARE COMPUTING, BY TYPE, 2020–2026 (USD MILLION)    95
TABLE 34    AI IN MANUFACTURING MARKET FOR CONTEXT-AWARE COMPUTING,
BY APPLICATION, 2017–2019 (USD MILLION)    95
TABLE 35    AI IN MANUFACTURING MARKET FOR CONTEXT-AWARE COMPUTING,
BY APPLICATION, 2020–2026 (USD MILLION)    96
7.5    COMPUTER VISION    96
7.5.1    COMPUTER VISION ANALYZES INFORMATION OF DIFFERENT GEOMETRIC SHAPES, VOLUMES, AND PATTERNS    96
TABLE 36    AI IN MANUFACTURING MARKET FOR COMPUTER VISION, BY APPLICATION, 2017–2019 (USD MILLION)    97
TABLE 37    AI IN MANUFACTURING MARKET FOR COMPUTER VISION, BY APPLICATION, 2020–2026 (USD MILLION)    97
7.6    IMPACT OF COVID-19 ON VARIOUS TECHNOLOGIES OF AI IN MANUFACTURING    97
8    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY APPLICATION    98
8.1    INTRODUCTION    99
TABLE 38    PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET,
BY APPLICATION, 2017–2026 (USD MILLION)    99
FIGURE 22    QUALITY CONTROL TO WITNESS HIGHEST GROWTH THROUGHOUT FORECAST PERIOD    100
TABLE 39    AI IN MANUFACTURING MARKET, BY APPLICATION,
2017–2019 (USD MILLION)    100
TABLE 40    AI IN MANUFACTURING MARKET, BY APPLICATION,
2020–2026 (USD MILLION)    101
8.2    PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION    101
8.2.1    PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION PROVIDE THE FRAMEWORK FOR ALL PLANNED MAINTENANCE ACTIVITIES    101
TABLE 41    AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY REGION, 2017–2019 (USD MILLION)    102
TABLE 42    AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY REGION, 2020–2026 (USD MILLION)    102
TABLE 43    AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY TECHNOLOGY, 2017–2019 (USD MILLION)    103
TABLE 44    AI IN MANUFACTURING MARKET FOR PREDICTIVE MAINTENANCE AND MACHINERY INSPECTION, BY TECHNOLOGY, 2020–2026 (USD MILLION)    103
8.3    MATERIAL MOVEMENT    103
8.3.1    AI-BASED TECHNOLOGY FOR MATERIAL MOVEMENT WILL ENSURE STREAMLINING OF IN-PLANT LOGISTICS    103
FIGURE 23    NORTH AMERICA TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT IN 2020    104
TABLE 45    AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY REGION, 2017–2019 (USD MILLION)    104
TABLE 46    AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY REGION, 2020–2026 (USD MILLION)    104
TABLE 47    AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY TECHNOLOGY, 2017–2019 (USD MILLION)    105
TABLE 48    AI IN MANUFACTURING MARKET FOR MATERIAL MOVEMENT, BY TECHNOLOGY, 2020–2026 (USD MILLION)    105
8.4    PRODUCTION PLANNING    105
8.4.1    THE USE OF AI IN PRODUCTION PLANNING LEADS TO THE STANDARDIZATION OF PRODUCT AND PROCESS SEQUENCE    105
TABLE 49    AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY REGION, 2017–2019 (USD MILLION)    106
TABLE 50    AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING, BY REGION, 2020–2026 (USD MILLION)    106
TABLE 51    AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING,
BY TECHNOLOGY, 2017–2019 (USD MILLION)    106
TABLE 52    AI IN MANUFACTURING MARKET FOR PRODUCTION PLANNING,
BY TECHNOLOGY, 2020–2026 (USD MILLION)    107
8.5    FIELD SERVICES    107
8.5.1    FIELD SERVICES ARE EXTENSIVELY USED IN HEAVY METALS AND MACHINE MANUFACTURING, OIL & GAS, AND ENERGY AND POWER INDUSTRY    107
FIGURE 24    NORTH AMERICA TO HOLD LARGEST SIZE OF AI MANUFACTURING MARKET FOR FIELD SERVICES DURING FORECAST PERIOD    107
TABLE 53    AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY REGION,
2017–2019 (USD MILLION)    108
TABLE 54    AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY REGION,
2020–2026 (USD MILLION)    108
TABLE 55    AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY TECHNOLOGY, 2017–2019 (USD MILLION)    108
TABLE 56    AI IN MANUFACTURING MARKET FOR FIELD SERVICES, BY TECHNOLOGY, 2020–2026 (USD MILLION)    109
8.6    QUALITY CONTROL    109
8.6.1    AI-BASED QUALITY CONTROL SYSTEM IS WIDELY USED IN PHARMACEUTICALS, FOOD & BEVERAGES, AND SEMICONDUCTOR INDUSTRIES    109
TABLE 57    AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY REGION,
2017–2019 (USD MILLION)    109
TABLE 58    AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY REGION,
2020–2026 (USD MILLION)    110
FIGURE 25    MACHINE LEARNING TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR APPLICATION OF QUALITY CONTROL DURING 2020–2026    110
TABLE 59    AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY TECHNOLOGY, 2017–2019 (USD MILLION)    111
TABLE 60    AI IN MANUFACTURING MARKET FOR QUALITY CONTROL, BY TECHNOLOGY, 2020–2026 (USD MILLION)    111

8.7    CYBERSECURITY    111
8.7.1    AUTOMATION AND INTEGRATING REAL-TIME SYSTEMS IN MANUFACTURING IS RESULTING IN ADOPTION OF CYBERSECURITY SYSTEMS    111
TABLE 61    AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY REGION,
2017–2019 (USD MILLION)    112
TABLE 62    AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY REGION,
2020–2026 (USD MILLION)    112
TABLE 63    AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY TECHNOLOGY, 2017–2019 (USD MILLION)    112
TABLE 64    AI IN MANUFACTURING MARKET FOR CYBERSECURITY, BY TECHNOLOGY, 2020–2026 (USD MILLION)    113
8.8    INDUSTRIAL ROBOTS    113
8.8.1    INDUSTRIAL ROBOTS CAN BE CLASSIFIED INTO TRADITIONAL INDUSTRIAL ROBOTS AND COLLABORATIVE ROBOTS    113
FIGURE 26    APAC TO HOLD LARGEST SHARE OF AI IN MANUFACTURING MARKET FOR APPLICATION OF INDUSTRIAL ROBOTS DURING 2020–2026    113
TABLE 65    AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY REGION, 2017–2019 (USD MILLION)    114
TABLE 66    AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY REGION, 2020–2026 (USD MILLION)    114
TABLE 67    AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY TECHNOLOGY, 2017–2019 (USD MILLION)    114
TABLE 68    AI IN MANUFACTURING MARKET FOR INDUSTRIAL ROBOTS, BY TECHNOLOGY, 2020–2026 (USD MILLION)    115
8.9    RECLAMATION    115
8.9.1    IN RECLAMATION, AI-BASED SYSTEMS DETECT IMPORTANT COMPONENTS FROM WASTE OR SLAGS    115
TABLE 69    AI IN MANUFACTURING MARKET FOR RECLAMATION, BY REGION,
2017–2019 (USD MILLION)    115
TABLE 70    AI IN MANUFACTURING MARKET FOR RECLAMATION, BY REGION,
2020–2026 (USD MILLION)    116
TABLE 71    AI IN MANUFACTURING MARKET FOR RECLAMATION, BY TECHNOLOGY, 2017–2019 (USD MILLION)    116
TABLE 72    AI IN MANUFACTURING MARKET FOR RECLAMATION, BY TECHNOLOGY, 2020–2026 (USD MILLION)    116
9    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY INDUSTRY    117
9.1    INTRODUCTION    118
TABLE 73    PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY INDUSTRY, 2017–2026 (USD MILLION)    118
FIGURE 27    AUTOMOBILE HELD LARGEST SIZE OF AI IN MANUFACTURING MARKET IN 2020    118
TABLE 74    AI IN MANUFACTURING MARKET, BY INDUSTRY, 2017–2019 (USD MILLION)    119
TABLE 75    AI IN MANUFACTURING MARKET, BY INDUSTRY, 2020–2026 (USD MILLION)    119
9.2    AUTOMOBILE    120
9.2.1    MACHINE LEARNING AND COMPUTER VISION ARE THE MAJOR AI TECHNOLOGIES DEPLOYED IN AUTOMOBILE INDUSTRY    120
9.2.1.1    Impact of COVID-19 on automobile industry of AI in manufacturing market    121
TABLE 76    AI IN MANUFACTURING MARKET FOR AUTOMOBILE INDUSTRY, BY REGION, 2017–2019 (USD MILLION)    121
TABLE 77    AI IN MANUFACTURING MARKET FOR AUTOMOBILE INDUSTRY, BY REGION, 2020–2026 (USD MILLION)    121
9.3    ENERGY AND POWER    122
9.3.1    AI-BASED SOLUTIONS CAN HELP ENERGY AND POWER INDUSTRY TO ENHANCE PRODUCTION OUTPUT AND REDUCED DOWNTIME    122
9.3.1.1    Impact of COVID-19 on energy and power industry of AI in manufacturing market    122
FIGURE 28    APAC TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR ENERGY AND POWER BY 2026    123
TABLE 78    AI IN MANUFACTURING MARKET FOR ENERGY AND POWER INDUSTRY,
BY REGION, 2017–2019 (USD MILLION)    123
TABLE 79    AI IN MANUFACTURING MARKET FOR ENERGY AND POWER INDUSTRY,
BY REGION, 2020–2026 (USD MILLION)    123
9.4    PHARMACEUTICALS    124
9.4.1    QUALITY CONTROL, MATERIAL MOVEMENT, AND PRODUCTION PLANNING ARE THE MAJOR APPLICATIONS OF AI IN PHARMACEUTICALS    124
9.4.1.1    Impact of COVID-19 on pharmaceuticals industry of AI in manufacturing market    124
TABLE 80    AI IN MANUFACTURING MARKET FOR PHARMACEUTICALS INDUSTRY,
BY REGION, 2017–2019 (USD MILLION)    124
TABLE 81    AI IN MANUFACTURING MARKET FOR PHARMACEUTICALS INDUSTRY,
BY REGION, 2020–2026 (USD MILLION)    125
9.5    HEAVY METALS AND MACHINE MANUFACTURING    125
9.5.1    APAC IS CONSIDERED TO HAVE THE HIGHEST NUMBER OF HEAVY METALS AND MACHINE MANUFACTURING PLANTS IN THE WORLD    125
9.5.1.1    Impact of COVID-19 on heavy metal and machine manufacturing industry of AI in manufacturing market    126
FIGURE 29    APAC TO HOLD LARGEST SIZE OF AI IN MANUFACTURING MARKET FOR HEAVY METALS AND MACHINE MANUFACTURING DURING FORECAST PERIOD    126
TABLE 82    AI IN MANUFACTURING MARKET FOR HEAVY METALS AND MACHINE MANUFACTURING INDUSTRY, BY REGION, 2017–2019 (USD MILLION)    126
TABLE 83    AI IN MANUFACTURING MARKET FOR HEAVY METALS AND MACHINE MANUFACTURING INDUSTRY, BY REGION, 2020–2026 (USD MILLION)    127
9.6    SEMICONDUCTORS AND ELECTRONICS    127
9.6.1    AI IS LIKELY TO ASSIST IN OPTIMIZING THE PRODUCTION COST, TECHNOLOGY IMPLEMENTATION, AND INTEGRATION OF COMPONENTS    127
9.6.1.1    Impact of COVID-19 on semiconductor and electronics industry of
AI in manufacturing market    128
TABLE 84    AI IN MANUFACTURING MARKET FOR SEMICONDUCTORS AND ELECTRONICS INDUSTRY, BY REGION, 2017–2019 (USD MILLION)    128
TABLE 85    AI IN MANUFACTURING MARKET FOR SEMICONDUCTORS AND ELECTRONICS INDUSTRY, BY REGION, 2020–2026 (USD MILLION)    128

9.7    FOOD & BEVERAGES    129
9.7.1    AI-BASED SOLUTIONS ENHANCE THE QUALITY OF THE FOOD PRODUCTION COST-EFFECTIVELY    129
9.7.1.1    Impact of COVID-19 on food & beverages industry of AI in manufacturing market    129
TABLE 86    AI IN MANUFACTURING MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY REGION, 2017–2019 (USD MILLION)    129
TABLE 87    AI IN MANUFACTURING MARKET FOR FOOD & BEVERAGES INDUSTRY,
BY REGION, 2020–2026 (USD MILLION)    130
9.8    OTHERS    130
TABLE 88    AI IN MANUFACTURING MARKET FOR OTHERS, BY REGION,
2017–2019 (USD MILLION)    131
TABLE 89    AI IN MANUFACTURING MARKET FOR OTHERS, BY REGION,
2020–2026 (USD MILLION)    131
10    ARTIFICIAL INTELLIGENCE IN MANUFACTURING MARKET, BY REGION    132
10.1    INTRODUCTION    133
FIGURE 30    CHINA, SOUTH KOREA, AND US ARE EMERGING AS NEW HOTSPOTS IN AI IN MANUFACTURING MARKET    133
FIGURE 31    APAC TO DOMINATE AI IN MANUFACTURING MARKET DURING FORECAST PERIOD    134
TABLE 90    PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY REGION, 2017–2026 (USD MILLION)    134
TABLE 91    AI IN MANUFACTURING MARKET, BY REGION, 2017–2019 (USD MILLION)    134
TABLE 92    AI IN MANUFACTURING MARKET, BY REGION, 2020–2026 (USD MILLION)    135
10.2    NORTH AMERICA    135
FIGURE 32    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN NORTH AMERICA    136
TABLE 93    PRE- AND POST-COVID-19 ANALYSIS FOR AI IN MANUFACTURING MARKET IN NORTH AMERICA, 2017–2026 (USD MILLION)    136
10.2.1    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN NORTH AMERICA    136
FIGURE 33    NORTH AMERICA: SNAPSHOT OF AI IN MANUFACTURING MARKET    137
TABLE 94    AI IN MANUFACTURING MARKET IN NORTH AMERICA, BY COUNTRY,
2017–2019 (USD MILLION)    137
TABLE 95    AI IN MANUFACTURING MARKET IN NORTH AMERICA, BY COUNTRY,
2020–2026 (USD MILLION)    138
TABLE 96    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR HARDWARE,
BY COUNTRY, 2017–2019 (USD MILLION)    138
TABLE 97    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR HARDWARE,
BY COUNTRY, 2020–2026 (USD MILLION)    138
TABLE 98    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR SOFTWARE,
BY COUNTRY, 2017–2019 (USD MILLION)    139
TABLE 99    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR SOFTWARE,
BY COUNTRY, 2020–2026 (USD MILLION)    139
TABLE 100    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR SERVICES,
BY COUNTRY, 2017–2019 (USD MILLION)    139
TABLE 101    AI IN MANUFACTURING MARKET IN NORTH AMERICA FOR SERVICES,
BY COUNTRY, 2020–2026 (USD MILLION)    139
TABLE 102    AI IN MANUFACTURING MARKET IN NORTH AMERICA, BY INDUSTRY,
2017–2019 (USD MILLION)    140
TABLE 103    AI IN MANUFACTURING MARKET IN NORTH AMERICA, BY INDUSTRY,
2020–2026 (USD MILLION)    140
10.2.2    US    140
10.2.2.1    US is among frontrunners in terms of adoption of IIoT and industrial robots, which is boosting adoption of AI    140
TABLE 104    AI IN MANUFACTURING MARKET IN US, BY OFFERING,
2017–2019 (USD MILLION)    141
TABLE 105    AI IN MANUFACTURING MARKET IN US, BY OFFERING,
2020–2026 (USD MILLION)    142
10.2.3    CANADA    142
10.2.3.1    Government funding and extensive startup activities, especially in AI, are supporting growth of AI in manufacturing    142
TABLE 106    AI IN MANUFACTURING MARKET IN CANADA, BY OFFERING,
2017–2019 (USD MILLION)    142
TABLE 107    AI IN MANUFACTURING MARKET IN CANADA, BY OFFERING,
2020–2026 (USD MILLION)    143
10.2.4    MEXICO    143
10.2.4.1    Increase in productivity and reduction in cost are leading to adoption of AI in manufacturing in Mexico    143
TABLE 108    AI IN MANUFACTURING MARKET IN MEXICO, BY OFFERING,
2017–2019 (USD MILLION)    143
TABLE 109    AI IN MANUFACTURING MARKET IN MEXICO, BY OFFERING,
2020–2026 (USD MILLION)    143
10.3    EUROPE    144
FIGURE 34    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN EUROPE    144
TABLE 110    PRE- AND POST-COVID-19 ANALYSIS FOR AI IN MANUFACTURING MARKET IN EUROPE, 2017–2026 (USD MILLION)    145
10.3.1    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN EUROPE    145
FIGURE 35    EUROPE: SNAPSHOT OF AI IN MANUFACTURING MARKET    146
TABLE 111    AI IN MANUFACTURING MARKET IN EUROPE, BY COUNTRY,
2017–2019 (USD MILLION)    147
TABLE 112    AI IN MANUFACTURING MARKET IN EUROPE, BY COUNTRY,
2020–2026 (USD MILLION)    147
FIGURE 36    GERMANY HELD LARGEST SHARE OF AI IN MANUFACTURING MARKET IN EUROPE FOR HARDWARE IN 2019    148
TABLE 113    AI IN MANUFACTURING MARKET IN EUROPE FOR HARDWARE, BY COUNTRY, 2017–2019 (USD MILLION)    148
TABLE 114    AI IN MANUFACTURING MARKET IN EUROPE FOR HARDWARE, BY COUNTRY, 2020–2026 (USD MILLION)    148
TABLE 115    AI IN MANUFACTURING MARKET IN EUROPE FOR SOFTWARE, BY COUNTRY, 2017–2019 (USD MILLION)    149
TABLE 116    AI IN MANUFACTURING MARKET IN EUROPE FOR SOFTWARE, BY COUNTRY, 2020–2026 (USD MILLION)    149
TABLE 117    AI IN MANUFACTURING MARKET IN EUROPE FOR SERVICES, BY COUNTRY, 2017–2019 (USD MILLION)    149
TABLE 118    AI IN MANUFACTURING MARKET IN EUROPE FOR SERVICES, BY COUNTRY, 2020–2026 (USD MILLION)    150
TABLE 119    AI IN MANUFACTURING MARKET IN EUROPE, BY INDUSTRY,
2017–2019 (USD MILLION)    150
TABLE 120    AI IN MANUFACTURING MARKET IN EUROPE, BY INDUSTRY,
2020–2026 (USD MILLION)    151
10.3.2    GERMANY    151
10.3.2.1    Implementation of big data in manufacturing plants has resulted in adoption of AI-based solutions in Germany    151
TABLE 121    AI IN MANUFACTURING MARKET IN EUROPE FOR SERVICES, BY COUNTRY, 2017–2019 (USD MILLION)    152
TABLE 122    AI IN MANUFACTURING MARKET IN EUROPE FOR SERVICES, BY COUNTRY, 2020–2026 (USD MILLION)    152
10.3.3    UK    152
10.3.3.1    Favorable environment for R&D has led to innovations in field of AI in manufacturing    152
TABLE 123    AI IN MANUFACTURING MARKET IN UK FOR SERVICES, BY OFFERING,
2017–2019 (USD MILLION)    153
TABLE 124    AI IN MANUFACTURING MARKET IN UK FOR SERVICES, BY OFFERING,
2020–2026 (USD MILLION)    153
10.3.4    FRANCE    153
10.3.4.1    Increased funding and rising AI startups are expected to proliferate AI in France    153
TABLE 125    AI IN MANUFACTURING MARKET IN FRANCE FOR SERVICES, BY OFFERING, 2017–2019 (USD MILLION)    154
TABLE 126    AI IN MANUFACTURING MARKET IN FRANCE FOR SERVICES, BY OFFERING, 2020–2026 (USD MILLION)    154
10.3.5    ITALY    155
10.3.5.1    Manufacturers in Italy are adopting smart factory and AI-based solutions    155
TABLE 127    AI IN MANUFACTURING MARKET IN ITALY FOR SERVICES, BY OFFERING, 2017–2019 (USD MILLION)    155
TABLE 128    AI IN MANUFACTURING MARKET IN ITALY FOR SERVICES, BY OFFERING, 2020–2026 (USD MILLION)    155
10.3.6    SPAIN    156
10.3.6.1    Cybersecurity is among emerging trends of AI in manufacturing sector in Spain    156
TABLE 129    AI IN MANUFACTURING MARKET IN SPAIN FOR SERVICES, BY OFFERING, 2017–2019 (USD MILLION)    156
TABLE 130    AI IN MANUFACTURING MARKET IN SPAIN FOR SERVICES, BY OFFERING, 2020–2026 (USD MILLION)    156
10.3.7    REST OF EUROPE    157
TABLE 131    AI IN MANUFACTURING MARKET IN REST OF EUROPE FOR SERVICES,
BY OFFERING, 2017–2019 (USD MILLION)    157
TABLE 132    AI IN MANUFACTURING MARKET IN REST OF EUROPE FOR SERVICES,
BY OFFERING, 2020–2026 (USD MILLION)    157
10.4    APAC    158
FIGURE 37    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN APAC    158
TABLE 133    PRE- AND POST-COVID-19 ANALYSIS FOR AI IN MANUFACTURING MARKET IN APAC, 2017–2026 (USD MILLION)    159
10.4.1    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN APAC    159
FIGURE 38    APAC: SNAPSHOT OF AI IN MANUFACTURING MARKET    160
TABLE 134    AI IN MANUFACTURING MARKET IN APAC, BY COUNTRY,
2017–2019 (USD MILLION)    161
TABLE 135    AI IN MANUFACTURING MARKET IN APAC, BY COUNTRY,
2020–2026 (USD MILLION)    161
TABLE 136    AI IN MANUFACTURING MARKET IN APAC FOR HARDWARE, BY COUNTRY, 2017–2019 (USD MILLION)    162
TABLE 137    AI IN MANUFACTURING MARKET IN APAC FOR HARDWARE, BY COUNTRY, 2020–2026 (USD MILLION)    162
TABLE 138    AI IN MANUFACTURING MARKET IN APAC FOR SOFTWARE, BY COUNTRY, 2017–2019 (USD MILLION)    162
TABLE 139    AI IN MANUFACTURING MARKET IN APAC FOR SOFTWARE, BY COUNTRY, 2020–2026 (USD MILLION)    163
TABLE 140    AI IN MANUFACTURING MARKET IN APAC FOR SERVICES, BY COUNTRY, 2017–2019 (USD MILLION)    163
TABLE 141    POST-COVID-19 AI IN MANUFACTURING MARKET IN APAC FOR SERVICES,
BY COUNTRY, 2020–2026 (USD MILLION)    163
TABLE 142    AI IN MANUFACTURING MARKET IN APAC, BY INDUSTRY,
2017–2019 (USD MILLION)    164
TABLE 143    AI IN MANUFACTURING MARKET IN APAC, BY INDUSTRY,
2020–2026 (USD MILLION)    164
10.4.2    CHINA    164
10.4.2.1    Manufacturing sector in China is growing rapidly, resulting in introduction of new robotics and big data technologies    164
TABLE 144    AI IN MANUFACTURING MARKET IN CHINA, BY OFFERING,
2017–2019 (USD MILLION)    165
TABLE 145    AI IN MANUFACTURING MARKET IN CHINA, BY OFFERING,
2020–2026 (USD MILLION)    165
10.4.3    JAPAN    166
10.4.3.1    Federal initiatives and presence of world-leading manufacturing companies are expected to boost AI in manufacturing market in Japan    166
TABLE 146    AI IN MANUFACTURING MARKET IN JAPAN, BY OFFERING,
2017–2019 (USD MILLION)    166
TABLE 147    AI IN MANUFACTURING MARKET IN JAPAN, BY OFFERING,
2020–2026 (USD MILLION)    166
10.4.4    SOUTH KOREA    167
10.4.4.1    Quality manufacturing services and introduction of automation in manufacturing industries is driving market of AI in manufacturing in South Korea    167
TABLE 148    AI IN MANUFACTURING MARKET IN SOUTH KOREA, BY OFFERING,
2017–2019 (USD MILLION)    167
TABLE 149    AI IN MANUFACTURING MARKET IN SOUTH KOREA, BY OFFERING,
2020–2026 (USD MILLION)    168
10.4.5    INDIA    168
10.4.5.1    AI in manufacturing industry is still in its nascent stage in India    168
TABLE 150    AI IN MANUFACTURING MARKET IN INDIA, BY OFFERING,
2017–2019 (USD MILLION)    169
TABLE 151    AI IN MANUFACTURING MARKET IN INDIA, BY OFFERING,
2020–2026 (USD MILLION)    169
10.4.6    REST OF APAC    169
TABLE 152    AI IN MANUFACTURING MARKET IN REST OF APAC, BY OFFERING,
2017–2019 (USD MILLION)    170
TABLE 153    AI IN MANUFACTURING MARKET IN REST OF APAC, BY OFFERING,
2020–2026 (USD MILLION)    170
10.5    ROW    170
FIGURE 39    IMPACT OF COVID-19 ON AI IN MANUFACTURING MARKET IN ROW    171
TABLE 154    PRE- AND POST-COVID-19 ANALYSIS FOR AI IN MANUFACTURING MARKET IN ROW, 2017–2026 (USD MILLION)    171
10.5.1    IMPACT OF COVID-19 ON AI IN MANUFACTURING IN ROW    171
FIGURE 40    ROW: SNAPSHOT OF AI IN MANUFACTURING MARKET    172
TABLE 155    AI IN MANUFACTURING MARKET IN ROW, BY REGION,
2017–2019 (USD MILLION)    172
TABLE 156    AI IN MANUFACTURING MARKET IN ROW, BY REGION,
2020–2026 (USD MILLION)    172
TABLE 157    AI IN MANUFACTURING MARKET IN ROW FOR HARDWARE, BY REGION, 2017–2019 (USD MILLION)    173
TABLE 158    AI IN MANUFACTURING MARKET IN ROW FOR HARDWARE, BY REGION, 2020–2026 (USD MILLION)    173
TABLE 159    AI IN MANUFACTURING MARKET IN ROW FOR SOFTWARE, BY REGION,
2017–2019 (USD MILLION)    173
TABLE 160    AI IN MANUFACTURING MARKET IN ROW FOR SOFTWARE, BY REGION,
2020–2026 (USD MILLION)    174
TABLE 161    AI IN MANUFACTURING MARKET IN ROW FOR SERVICES, BY REGION,
2017–2019 (USD MILLION)    174
TABLE 162    AI IN MANUFACTURING MARKET IN ROW FOR SERVICES, BY REGION,
2020–2026 (USD MILLION)    174
TABLE 163    AI IN MANUFACTURING MARKET IN ROW, BY INDUSTRY,
2017–2019 (USD MILLION)    175
TABLE 164    AI IN MANUFACTURING MARKET IN ROW, BY INDUSTRY,
2020–2026 (USD MILLION)    175
10.5.2    SOUTH AMERICA    175
10.5.2.1    South American region invests heavily in IT services    175
TABLE 165    AI IN MANUFACTURING MARKET IN SOUTH AMERICA, BY OFFERING,
2017–2019 (USD MILLION)    176
TABLE 166    AI IN MANUFACTURING MARKET IN SOUTH AMERICA, BY OFFERING,
2020–2026 (USD MILLION)    176
10.5.3    MIDDLE EAST AND AFRICA    176
10.5.3.1    Growing manufacturing expenditure in Israel, Middle East, and North Africa is key driver for AI in manufacturing    176
TABLE 167    AI IN MANUFACTURING MARKET IN MIDDLE EAST & AFRICA, BY OFFERING, 2017–2019 (USD MILLION)    177
TABLE 168    AI IN MANUFACTURING MARKET IN MIDDLE EAST & AFRICA,
BY OFFERING, 2020–2026 (USD MILLION)    177
11    COMPETITIVE LANDSCAPE    178
11.1    OVERVIEW    178
FIGURE 41    KEY DEVELOPMENTS ADOPTED BY TOP PLAYERS IN AI IN MANUFACTURING MARKET FROM 2017 TO 2020    179
11.2    RANKING OF PLAYERS, 2019    180
FIGURE 42    RANKING OF KEY COMPANIES IN AI IN MANUFACTURING MARKET (2019)    180
11.3    COMPETITIVE LEADERSHIP MAPPING    181
11.3.1    VISIONARY LEADERS    182
11.3.2    DYNAMIC DIFFERENTIATORS    182
11.3.3    INNOVATORS    182
11.3.4    EMERGING COMPANIES    182
FIGURE 43    AI IN MANUFACTURING MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019    183
11.4    COMPETITIVE SCENARIO    184
FIGURE 44    BATTLE FOR MARKET SHARE: PRODUCT LAUNCH WAS KEY GROWTH STRATEGY FROM 2017 TO 2020    184
11.4.1    PRODUCT LAUNCHES AND DEVELOPMENTS    185
11.4.2    COLLABORATIONS, PARTNERSHIPS, AND AGREEMENTS    190
11.4.3    ACQUISITIONS & JOINT VENTURES    192
12    COMPANY PROFILES    194
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
12.1    KEY PLAYERS    194
12.1.1    NVIDIA    194
FIGURE 45    NVIDIA: COMPANY SNAPSHOT    195
12.1.2    INTEL    200
FIGURE 46    INTEL: COMPANY SNAPSHOT    200
12.1.3    IBM    204
FIGURE 47    IBM: COMPANY SNAPSHOT    204
12.1.4    SIEMENS    210
FIGURE 48    SIEMENS: COMPANY SNAPSHOT    211
12.1.5    GENERAL ELECTRIC (GE) COMPANY    215
FIGURE 49    GE: COMPANY SNAPSHOT    215
12.1.6    GOOGLE    219
FIGURE 50    GOOGLE: COMPANY SNAPSHOT    219
12.1.7    MICROSOFT    222
FIGURE 51    MICROSOFT: COMPANY SNAPSHOT    223
12.1.8    MICRON TECHNOLOGY    226
FIGURE 52    MICRON TECHNOLOGY: COMPANY SNAPSHOT    226
12.1.9    AMAZON WEB SERVICES (AWS)    230
FIGURE 53    AWS: COMPANY SNAPSHOT    230
12.1.10    SIGHT MACHINE    234
12.2    OTHER COMPANIES    236
12.2.1    PROGRESS SOFTWARE CORPORATION (DATARPM)    236
12.2.2    AIBRAIN    236
12.2.3    GENERAL VISION    237
12.2.4    ROCKWELL AUTOMATION    238
12.2.5    CISCO SYSTEMS    238
12.2.6    MITSUBISHI ELECTRIC    239
12.2.7    ORACLE    239
12.2.8    SAP    240
12.2.9    VICARIOUS    240
12.2.10    UBTECH ROBOTICS    241
12.2.11    AQUANT    241
12.2.12    BRIGHT MACHINES    242
12.2.13    RETHINK ROBOTICS GMBH    242
12.2.14    SPARKCOGNITION    243
12.2.15    FLUTURA    243
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies.
13    ADJACENT & RELATED MARKETS    244
13.1    INTRODUCTION    244
13.2    LIMITATIONS    244
13.3    AI ECOSYSTEM AND INTERCONNECTED MARKETS    245
13.4    SMART MANUFACTURING PLATFORM MARKET    246
13.4.1    MARKET DEFINITION    246
13.4.2    MARKET OVERVIEW    246
13.5    SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION    247
13.5.1    PERFORMANCE OPTIMIZATION    247
13.5.1.1    Increasing need for monitoring operations and production processes drives market growth    247
TABLE 169    SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    247
TABLE 170    SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    248
13.5.2    ASSET AND CONDITION MONITORING    248
13.5.2.1    Market is driven by increasing need for monitoring equipment and assets in real time    248
TABLE 171    SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    249
TABLE 172    SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    249
13.5.3    OTHERS    250
TABLE 173    SMART MANUFACTURING PLATFORM MARKET FOR OTHER APPLICATIONS,
BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    250
TABLE 174    SMART MANUFACTURING PLATFORM MARKET FOR OTHER APPLICATIONS,
BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    250
13.6    SMART MANUFACTURING PLATFORM, BY INDUSTRY    251
13.6.1    PROCESS INDUSTRY    251
TABLE 175    SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    251
TABLE 176    SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY,
BY REGION, 2015–2024 (USD MILLION)    252
13.6.1.1    Oil & gas    252
13.6.1.1.1    Oil & gas is one of the critical industries for smart manufacturing platform market as it requires continuous monitoring of processes    252
TABLE 177    SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY,
BY REGION, 2015–2024 (USD MILLION)    253
13.6.1.2    Power & energy    253
13.6.1.2.1    Power & energy is fastest-growing process industry for smart manufacturing platform market as it requires optimum utilization of available resources    253
TABLE 178    SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    254
13.6.1.3    Chemicals    254
13.6.1.3.1    Increasing stringent regulations that require adoption of automated solutions and smart tools drive market growth    254
TABLE 179    SMART MANUFACTURING PLATFORM MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    255
13.6.1.4    Pharmaceuticals    255
13.6.1.4.1    Automation improves compliance and minimizes deviations    255
TABLE 180    SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    256
13.6.1.5    Food & beverages    256
13.6.1.5.1    Requirement to reduce operational downtime and manage assets creates demand for smart manufacturing platform    256
TABLE 181    SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    257
13.6.1.6    Metals and mining    257
13.6.1.6.1    Requirement of optimum production with precise control on power consumption in metals & mining industry drives growth of smart manufacturing platform market    257
TABLE 182    SMART MANUFACTURING PLATFORM MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    258
13.6.1.7    Others    258
TABLE 183    SMART MANUFACTURING PLATFORM MARKET FOR OTHER PROCESS INDUSTRIES, BY REGION, 2015–2024 (USD MILLION)    258
13.6.2    DISCRETE INDUSTRY    259
TABLE 184    SMART MANUFACTURING PLATFORM MARKET, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    259
TABLE 185    SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY,
BY REGION, 2015–2024 (USD MILLION)    260
13.6.2.1    Automotive    260
13.6.2.1.1    Increasing adoption of advanced technologies such as machine vision, collaborative robots, and artificial intelligence drives market growth    260
TABLE 186    SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    261
13.6.2.2    Electronics and semiconductor    261
13.6.2.2.1    Intense cost pressure and requirement of faster time-to-market for automation technologies drive the growth of market    261
TABLE 187    SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS AND SEMICONDUCTOR INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    262
13.6.2.3    Industrial manufacturing    262
13.6.2.3.1    Smart manufacturing platforms are used to reduce downtime and enhance operation efficiency    262
TABLE 188    SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING, BY REGION, 2015–2024 (USD MILLION)    263
13.6.2.4    Medical devices    263
13.6.2.4.1    Increasing automation in industry to ensure safety, accuracy, and regulatory compliance across production processes drives market growth    263
TABLE 189    SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICES INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    264
13.6.2.5    Aerospace and defense    264
13.6.2.5.1    Long product life cycles and regulatory compliance drive demand for automation technologies    264
TABLE 190    SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE AND DEFENSE INDUSTRY, BY REGION, 2015–2024 (USD MILLION)    264
13.6.2.6    Others    265
TABLE 191    SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRIES, BY REGION, 2015–2024 (USD MILLION)    265
13.7    SMART MANUFACTURING PLATFORM MARKET, BY REGION    265
13.7.1    NORTH AMERICA    265
TABLE 192    SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA,
BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    266
TABLE 193    SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA,
BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    266
13.7.2    EUROPE    267
TABLE 194    SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    267
TABLE 195    SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    267
13.7.3    APAC    268
TABLE 196    SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    268
TABLE 197    SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    269
13.7.4    REST OF THE WORLD    269
TABLE 198    SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 2015–2024 (USD MILLION)    270
TABLE 199    SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 2015–2024 (USD MILLION)    270
13.8    ARTIFICIAL INTELLIGENCE ROBOTS MARKET    271
13.8.1    MARKET DEFINITION    271
13.8.2    MARKET OVERVIEW    271
13.8.3    ARTIFICIAL INTELLIGENCE ROBOTS MARKET, BY TECHNOLOGY    272
13.8.3.1    Machine learning    272
TABLE 200    AI ROBOTS MARKET FOR MACHINE LEARNING TECHNOLOGY,
BY APPLICATION, 2015–2023 (USD MILLION)    273
13.8.3.2    Computer vision    273
TABLE 201    AI ROBOTS MARKET FOR COMPUTER VISION TECHNOLOGY, BY APPLICATION, 2015–2023 (USD MILLION)    274
13.8.3.3    Context awareness    274
TABLE 202    AI ROBOTS MARKET FOR CONTEXT AWARENESS TECHNOLOGY,
BY APPLICATION, 2015–2023 (USD MILLION)    275
13.8.3.4    Natural language processing    275
TABLE 203    AI ROBOTS MARKET FOR NLP TECHNOLOGY, BY APPLICATION,
2015–2023 (USD MILLION)    276
13.8.4    ARTIFICIAL INTELLIGENCE ROBOTS MARKET, BY APPLICATION    276
13.8.4.1    Military & defense    276
TABLE 204    AI ROBOTS MARKET FOR MILITARY & DEFENSE, BY REGION,
2015–2023 (USD MILLION)    277
13.8.4.2    Law enforcement    277
TABLE 205    AI ROBOTS MARKET FOR LAW ENFORCEMENT, BY REGION,
2015–2023 (USD MILLION)    277
13.8.4.3    Personal assistance and caregiving    278
TABLE 206    AI ROBOTS MARKET FOR PERSONAL ASSISTANCE AND CAREGIVING,
BY REGION, 2015–2023 (USD MILLION)    278
13.8.4.4    Public relations    278
TABLE 207    AI ROBOTS MARKET FOR PUBLIC RELATIONS, BY REGION,
2015–2023 (USD MILLION)    278
13.8.4.5    Education and entertainment    279
TABLE 208    AI ROBOTS MARKET FOR EDUCATION AND ENTERTAINMENT, BY REGION, 2015–2023 (USD MILLION)    279
13.8.4.6    Research and space exploration    279
TABLE 209    AI ROBOTS MARKET FOR RESEARCH AND SPACE EXPLORATION, BY REGION, 2015–2023 (USD MILLION)    280
13.8.4.7    Industrial    280
TABLE 210    AI ROBOTS MARKET FOR INDUSTRIAL, BY REGION,
2015–2023 (USD MILLION)    280

13.8.4.8    Agriculture    281
TABLE 211    AI ROBOTS MARKET FOR AGRICULTURE, BY REGION,
2015–2023 (USD MILLION)    281
13.8.4.9    Healthcare assistance    281
TABLE 212    AI ROBOTS MARKET FOR HEALTHCARE ASSISTANCE, BY REGION,
2015–2023 (USD MILLION)    282
13.8.4.10    Stock management    282
TABLE 213    AI ROBOTS MARKET FOR STOCK MANAGEMENT, BY REGION,
2015–2023 (USD MILLION)    282
13.8.4.11    Others    283
TABLE 214    AI ROBOTS MARKET FOR OTHER APPLICATIONS, BY REGION,
2015–2023 (USD MILLION)    283
13.9    COVID-19 IMPACT ON SMART MANUFACTURING MARKET    283
13.9.1    MARKET DEFINITION    283
13.9.2    MARKET OVERVIEW    283
FIGURE 54    SMART MANUFACTURING MARKET ECOSYSTEM    284
13.9.3    COVID-19 IMPACT ON SMART MANUFACTURING, BY REGION    284
TABLE 215    SMART MANUFACTURING MARKET, BY REGION, 2017–2025 (USD BILLION)    284
13.9.3.1    North America    285
FIGURE 55    IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN NORTH AMERICA    285
TABLE 216    PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN NORTH AMERICA, 2017–2025 (USD BILLION)    285
13.9.3.2    Europe    286
FIGURE 56    IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN EUROPE    287
TABLE 217    PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN EUROPE, 2017–2025 (USD BILLION)    287
13.9.3.3    APAC    288
FIGURE 57    IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN APAC    288
TABLE 218    PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN APAC, 2017–2025 (USD BILLION)    288
13.9.3.4    RoW    289
FIGURE 58    IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN ROW    289
TABLE 219    PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN ROW, 2017–2025 (USD BILLION)    290
14    APPENDIX    291
14.1    INSIGHTS FROM INDUSTRY EXPERTS    291
14.2    DISCUSSION GUIDE    292
14.3    KNOWLEDGE STORE:  297
14.4    AVAILABLE CUSTOMIZATIONS    299
14.5    RELATED REPORTS    299
14.6    AUTHOR DETAILS    301