PUBLISHER: TechNavio | PRODUCT CODE: 1792210
PUBLISHER: TechNavio | PRODUCT CODE: 1792210
The generative AI in manufacturing market is forecasted to grow by USD 1,751.2 mn during 2024-2029, accelerating at a CAGR of 37.7% during the forecast period. The report on the generative AI in manufacturing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for accelerated product innovation and hyper-customization, need for enhanced operational efficiency and resilience, and maturation and accessibility of foundational AI technologies.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 35% |
CAGR | 37.7% |
Incremental Value | $1,751.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's generative AI in manufacturing market is segmented as below:
By Deployment
By Application
By End-user
By Geographical Landscape
This study identifies the emergence of industrial copilots and augmented human intelligence as one of the prime reasons driving the generative AI in manufacturing market growth during the next few years. Also, deep integration into digital twin ecosystems and industrial metaverse and shift towards domain-specific and computationally efficient models will lead to sizable demand in the market.
The report on the generative AI in manufacturing market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading generative AI in manufacturing market vendors that include AB SKF, Accenture PLC, Alphabet Inc., Augury Inc., Autodesk Inc., AVEVA Group PLC, C3.AI Inc., Capgemini Service SAS, Cisco Systems Inc., cogniac, Cognizant Technology Solutions Corp., Deloitte Touche Tohmatsu Ltd., General Electric Co., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., Oracle Corp., Rescale Inc., SAP SE, and Siemens AG. Also, the generative AI in manufacturing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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