PUBLISHER: TechNavio | PRODUCT CODE: 1859870
PUBLISHER: TechNavio | PRODUCT CODE: 1859870
The generative AI in manufacturing sector market is forecasted to grow by USD 1,948.5 mn during 2024-2029, accelerating at a CAGR of 37.7% during the forecast period. The report on the generative AI in manufacturing sector 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 demand for accelerated product innovation and complexity management, imperative for operational efficiency and resilience, and increasing accessibility and integration of AI platforms.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 35% |
| CAGR | 37.7% |
| Incremental Value | $1,948.5 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 sector market is segmented as below:
By Deployment
By Application
By End-user
By Geographical Landscape
This study identifies the integration of AI copilots for hyper-automation as one of the prime reasons driving the generative AI in manufacturing sector market growth during the next few years. Also, convergence of generative AI with digital twins and industrial metaverse and rise of domain-specific and private generative AI models will lead to sizable demand in the market.
The report on the generative AI in manufacturing sector 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 sector market vendors that include Amazon.com Inc., Augury Inc., AVEVA Group PLC, C3.AI Inc., Cogniac, DataRobot Inc., Fero Labs, General Electric Co., Google LLC, IFS World Operations AB, International Business Machines Corp., MachineMetrics, Microsoft Corp., NarrativeWave, Oracle Corp., Predictronics Corp., Rescale Inc., Siemens AG, and Sight Machine. Also, the generative AI in manufacturing sector 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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