For automobiles, this includes predicting how other cars will behave, how to gauge weather conditions, understanding road issues and more. RoW comprises the Middle East and Africa and South America. Extensive primary research was conducted after understanding and analyzing the AI in manufacturing market through secondary research. 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 Download full-text PDF. Also, the increasing adoption AI based robots in the APAC region is driving the market. Artificial Intelligence in Manufacturing Market size Research Report, identifies new revenue opportunity in artificial intelligence in manufacturing driver industry. Global top 2000 strategist rely on us for their growth strategies. The car manufacturing process is a multifaceted business in itself, so it follows that there would be numerous areas where one can find applications for AI technology. Primary data has been collected through questionnaires, emails, and telephonic interviews. The APAC region is expected to witness significant demand for AI in manufacturing products and solutions, mainly due to the presence of large number of industries in the China, Taiwan, and India. - 244) 13.1 INTRODUCTION 13.2 LIMITATIONS 13.3 AI ECOSYSTEM AND INTERCONNECTED MARKETS 13.4 SMART MANUFACTURING PLATFORM MARKET 13.4.1 MARKET DEFINITION 13.4.2 MARKET OVERVIEW 13.5 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION 13.5.1 PERFORMANCE OPTIMIZATION 13.5.1.1 Increasing need for monitoring operations and production processes drives market growth TABLE 169 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 170 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.5.2 ASSET AND CONDITION MONITORING 13.5.2.1 Market is driven by increasing need for monitoring equipment and assets in real time TABLE 171 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 172 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.5.3 OTHERS TABLE 173 SMART MANUFACTURING PLATFORM MARKET FOR OTHER APPLICATIONS, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 174 SMART MANUFACTURING PLATFORM MARKET FOR OTHER APPLICATIONS, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.6 SMART MANUFACTURING PLATFORM, BY INDUSTRY 13.6.1 PROCESS INDUSTRY TABLE 175 SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 20152024 (USD MILLION) TABLE 176 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.1 Oil & gas 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 TABLE 177 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.2 Power & energy 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 TABLE 178 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.3 Chemicals 13.6.1.3.1 Increasing stringent regulations that require adoption of automated solutions and smart tools drive market growth TABLE 179 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICALS INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.4 Pharmaceuticals 13.6.1.4.1 Automation improves compliance and minimizes deviations TABLE 180 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.5 Food & beverages 13.6.1.5.1 Requirement to reduce operational downtime and manage assets creates demand for smart manufacturing platform TABLE 181 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.6 Metals and mining 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 TABLE 182 SMART MANUFACTURING PLATFORM MARKET FOR METALS & MINING INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.1.7 Others TABLE 183 SMART MANUFACTURING PLATFORM MARKET FOR OTHER PROCESS INDUSTRIES, BY REGION, 20152024 (USD MILLION) 13.6.2 DISCRETE INDUSTRY TABLE 184 SMART MANUFACTURING PLATFORM MARKET, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 185 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.2.1 Automotive 13.6.2.1.1 Increasing adoption of advanced technologies such as machine vision, collaborative robots, and artificial intelligence drives market growth TABLE 186 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.2.2 Electronics and semiconductor 13.6.2.2.1 Intense cost pressure and requirement of faster time-to-market for automation technologies drive the growth of market TABLE 187 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS AND SEMICONDUCTOR INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.2.3 Industrial manufacturing 13.6.2.3.1 Smart manufacturing platforms are used to reduce downtime and enhance operation efficiency TABLE 188 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING, BY REGION, 20152024 (USD MILLION) 13.6.2.4 Medical devices 13.6.2.4.1 Increasing automation in industry to ensure safety, accuracy, and regulatory compliance across production processes drives market growth TABLE 189 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICES INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.2.5 Aerospace and defense 13.6.2.5.1 Long product life cycles and regulatory compliance drive demand for automation technologies TABLE 190 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE AND DEFENSE INDUSTRY, BY REGION, 20152024 (USD MILLION) 13.6.2.6 Others TABLE 191 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRIES, BY REGION, 20152024 (USD MILLION) 13.7 SMART MANUFACTURING PLATFORM MARKET, BY REGION 13.7.1 NORTH AMERICA TABLE 192 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 193 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.7.2 EUROPE TABLE 194 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 195 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.7.3 APAC TABLE 196 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 197 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.7.4 REST OF THE WORLD TABLE 198 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 20152024 (USD MILLION) TABLE 199 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 20152024 (USD MILLION) 13.8 ARTIFICIAL INTELLIGENCE ROBOTS MARKET 13.8.1 MARKET DEFINITION 13.8.2 MARKET OVERVIEW 13.8.3 ARTIFICIAL INTELLIGENCE ROBOTS MARKET, BY TECHNOLOGY 13.8.3.1 Machine learning TABLE 200 AI ROBOTS MARKET FOR MACHINE LEARNING TECHNOLOGY, BY APPLICATION, 20152023 (USD MILLION) 13.8.3.2 Computer vision TABLE 201 AI ROBOTS MARKET FOR COMPUTER VISION TECHNOLOGY, BY APPLICATION, 20152023 (USD MILLION) 13.8.3.3 Context awareness TABLE 202 AI ROBOTS MARKET FOR CONTEXT AWARENESS TECHNOLOGY, BY APPLICATION, 20152023 (USD MILLION) 13.8.3.4 Natural language processing TABLE 203 AI ROBOTS MARKET FOR NLP TECHNOLOGY, BY APPLICATION, 20152023 (USD MILLION) 13.8.4 ARTIFICIAL INTELLIGENCE ROBOTS MARKET, BY APPLICATION 13.8.4.1 Military & defense TABLE 204 AI ROBOTS MARKET FOR MILITARY & DEFENSE, BY REGION, 20152023 (USD MILLION) 13.8.4.2 Law enforcement TABLE 205 AI ROBOTS MARKET FOR LAW ENFORCEMENT, BY REGION, 20152023 (USD MILLION) 13.8.4.3 Personal assistance and caregiving TABLE 206 AI ROBOTS MARKET FOR PERSONAL ASSISTANCE AND CAREGIVING, BY REGION, 20152023 (USD MILLION) 13.8.4.4 Public relations TABLE 207 AI ROBOTS MARKET FOR PUBLIC RELATIONS, BY REGION, 20152023 (USD MILLION) 13.8.4.5 Education and entertainment TABLE 208 AI ROBOTS MARKET FOR EDUCATION AND ENTERTAINMENT, BY REGION, 20152023 (USD MILLION) 13.8.4.6 Research and space exploration TABLE 209 AI ROBOTS MARKET FOR RESEARCH AND SPACE EXPLORATION, BY REGION, 20152023 (USD MILLION) 13.8.4.7 Industrial TABLE 210 AI ROBOTS MARKET FOR INDUSTRIAL, BY REGION, 20152023 (USD MILLION) 13.8.4.8 Agriculture TABLE 211 AI ROBOTS MARKET FOR AGRICULTURE, BY REGION, 20152023 (USD MILLION) 13.8.4.9 Healthcare assistance TABLE 212 AI ROBOTS MARKET FOR HEALTHCARE ASSISTANCE, BY REGION, 20152023 (USD MILLION) 13.8.4.10 Stock management TABLE 213 AI ROBOTS MARKET FOR STOCK MANAGEMENT, BY REGION, 20152023 (USD MILLION) 13.8.4.11 Others TABLE 214 AI ROBOTS MARKET FOR OTHER APPLICATIONS, BY REGION, 20152023 (USD MILLION) 13.9 COVID-19 IMPACT ON SMART MANUFACTURING MARKET 13.9.1 MARKET DEFINITION 13.9.2 MARKET OVERVIEW FIGURE 54 SMART MANUFACTURING MARKET ECOSYSTEM 13.9.3 COVID-19 IMPACT ON SMART MANUFACTURING, BY REGION TABLE 215 SMART MANUFACTURING MARKET, BY REGION, 20172025 (USD BILLION) 13.9.3.1 North America FIGURE 55 IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN NORTH AMERICA TABLE 216 PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN NORTH AMERICA, 20172025 (USD BILLION) 13.9.3.2 Europe FIGURE 56 IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN EUROPE TABLE 217 PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN EUROPE, 20172025 (USD BILLION) 13.9.3.3 APAC FIGURE 57 IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN APAC TABLE 218 PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN APAC, 20172025 (USD BILLION) 13.9.3.4 RoW FIGURE 58 IMPACT OF COVID-19 ON SMART MANUFACTURING MARKET IN ROW TABLE 219 PRE- AND POST-COVID-19 ANALYSIS FOR SMART MANUFACTURING MARKET IN ROW, 20172025 (USD BILLION), 14 APPENDIX (Page No. A powerful tool, artificial intelligence within the automotive industry promises to be big business and is believed to exceed $10.73 billion dollars by 2024. 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. This, in turn, is expected to drive the growth of the AI in manufacturing market in APAC. These countries are considered as some of the important manufacturing hubs worldwide. Adoption of automation technologies such as artificial intelligence, robotics, and the Industrial Internet of Things is among the most critical factors for restarting the business operations of the manufacturing sector during this global pandemic. This was followed by the validation of these findings, assumptions, and sizing with the industry experts identified across the value chain through primary research. Ideas like vehicle-to-vehicle technology, where connected cars will have the ability to communicate with one another, are being developed; this technology could reduce accidents by connecting vehicles, alerting the network when something goes wrong, and allowing drivers or even the vehicles to take preventive measures. But for those who are unsure what artificial intelligence in cars is and how AI is used in cars, let us answer your questions. Defend your Market Share or Win Competitors. The platform makes it possible to securely deploy, manage, and update fleets of servers remotely. AI & Robotics in Healthcare: Taking Healthcare Solutions to Next Dimension. 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. Internal 6 Artificial intelligence: automotive’s new value-creating engine INTRODUCTION AND KEY INSIGHTS For more than two years now, the automotive industry has been intensively discussing four disruptive and mutually reinforcing major trends – autonomous driving, connectivity, Which region is expected to witness significant demand for AI in manufacturing in the coming years? Click Below to Enter Live Support on Whatsapp, Mail us Your Requirements at sales@fusioninformatics.com, The Artificial Intelligence transformation is rising in all enterprises to enhance customer experience and sales of the companies.…, About = Top AI Companies in Bangalore There is nothing wrong to say “the human race is dominated…, Almost all the areas in human lives have transformed with the latest technologies and everything was digitized platforms…, What is an Algorithm? Fusion Informatics is one of the best Artificial Intelligence Company in India, developing a different application for various industries including Automotive Industry, using the latest AI frameworks and offering services on Artificial intelligence, Machine learning, Deep learning, data science and more. The applications of Artificial Intelligence in the automotive industry is not limited to autonomous driving. Broadly, three major factors are disrupting the manufacturing industries, namely, supply chain disruption, shutdown of manufacturing units, and decrease in demand amidst lockdown in many countries. Well,…, Mobile Learning AI Education App like Socratic How much does an App like Socratic Cost? Multi-talented, proactive and cognizant, Entrepreneur – Yes, these are the apt words that describe Ashesh Shah. Artificial Intelligence (AI) is redefining the automotive industry, especially in the development of innovative hardware and software stack for level 5 autonomy and intelligent ADAS systems. AI and machine learning also helps with keeping us safe and connected. What are the drivers for the AI in manufacturing market? ACEA Position Paper: Artificial Intelligence in the automotive industry – November 2020 2 3. The data that is derived from the IoTs need to be converted into instructions that would instruct the machines to perform specific activities. It’s time to change how the automotive industry sells products, services, parts, and accessories, including the re-purchasing of new cars based on driver behavior. Obtaining real knowledge about how cars are used can also optimize dealership offerings 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 increasing demand for reducing the operational costs and machine downtime is also supplementing the growth of predictive maintenance and machinery inspection application in industries. The Role of Artificial Intelligence Technology in Healthcare, best Artificial Intelligence Company in India, Top Artificial Intelligence Development Companies in India, Top Artificial Intelligence (AI) Development Companies in Bangalore, Impact of Artificial Intelligence in the Sports Industry, How Artificial Intelligence (AI) Reshaping the Food Industry, How Much Cost to Develop AI Mobile Learning App like Socratic, Top 5 Use-Cases of AI and Machine Learning in the Fintech Industry. The … It will soon become create a significant impact on how cars are manufactured. This implies the potential for brand new partnerships and an extension of current partner networks, which may lead to exciting business opportunities. Artificial intelligence processes are now synthesizing data in order to learn how best to react and how humans react to driving situations. Industrial AI is a systematic *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View might not be captured in case of unlisted companies. - 70) 6.1 INTRODUCTION TABLE 2 PRE-COVID-19 SCENARIO: AI IN MANUFACTURING MARKET, BY OFFERING, 20172026 (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, 20172019 (USD MILLION) TABLE 4 AI IN MANUFACTURING MARKET, BY OFFERING, 20202026 (USD MILLION) 6.2 HARDWARE TABLE 5 AI IN MANUFACTURING MARKET, BY HARDWARE, 20172019 (USD MILLION) TABLE 6 AI IN MANUFACTURING MARKET, BY HARDWARE, 20202026 (USD MILLION) TABLE 7 AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION, 20172019 (USD MILLION) TABLE 8 AI IN MANUFACTURING MARKET FOR HARDWARE, BY REGION, 20202026 (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, 20172019 (USD MILLION) TABLE 10 AI IN MANUFACTURING MARKET, BY PROCESSOR, 20202026 (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, 20172019 (USD MILLION) TABLE 12 AI IN MANUFACTURING MARKET FOR OFFERING, BY SOFTWARE, 20202026 (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, 20172019 (USD MILLION) TABLE 14 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY REGION, 20202026 (USD MILLION) 6.3.1 AI SOLUTIONS TABLE 15 AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT, 20172019 (USD MILLION) TABLE 16 AI IN MANUFACTURING MARKET FOR SOLUTION, BY DEPLOYMENT, 20202026 (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, 20172019 (USD MILLION) TABLE 18 AI IN MANUFACTURING MARKET FOR SOFTWARE, BY PLATFORM, 20202026 (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, 20172019 (USD MILLION) TABLE 20 AI IN MANUFACTURING MARKET, BY SERVICES, 20202026 (USD MILLION) TABLE 21 AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION, 20172019 (USD MILLION) TABLE 22 AI IN MANUFACTURING MARKET FOR SERVICES, BY REGION, 20202026 (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. When it comes AI for automotive, we think about driverless cars and autonomous! 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