PUBLISHER: TechNavio | PRODUCT CODE: 1915602
PUBLISHER: TechNavio | PRODUCT CODE: 1915602
The global generative AI in material science market is forecasted to grow by USD 1705.3 mn during 2024-2029, accelerating at a CAGR of 27.9% during the forecast period. The report on the global generative AI in material science 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 intensifying industrial demand for next-generation materials, global sustainability mandate and quest for green materials, technological convergence of advanced computation, data proliferation, and algorithmic sophistication.
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.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 24.5% |
| CAGR | 27.9% |
| Incremental Value | $1705.3 mn |
Technavio's global generative AI in material science market is segmented as below:
By Type
By Deployment
By Application
Geography
This study identifies the integration with autonomous laboratories to create closed-loop discovery platforms as one of the prime reasons driving the global generative AI in material science market growth during the next few years. Also, development of domain-specific foundation models for materials science and shift towards multi-objective and manufacturability-aware design will lead to sizable demand in the market.
The report on the global generative AI in material science 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 global generative AI in material science market vendors that include Aionics Inc., Arzeda Corp., BASF SE, Citrine Informatics Inc., Dassault Systemes SE, DeepMaterials LLC, Google LLC, IBM Corp., Kebotix Inc., Mat3ra Inc., MaterialsZone Ltd., Microsoft Corp., NVIDIA Corp., Optibrium, Orbital Materials Inc., Phaseshift Inc., Quantum Generative Materials LLC, sandboxAQ, Schrodinger Inc.. Also, the global generative AI in material science 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.