Market Research Report
Europe Artificial Intelligence (AI) in Manufacturing Market Forecast 2019-2027
|Europe Artificial Intelligence (AI) in Manufacturing Market Forecast 2019-2027|
Published: February 25, 2019
Content info: 86 Pages
Delivery time: 2-3 business days
Europe Artificial Intelligence in the manufacturing market, according to Inkwood Research, is expected to grow at 50.30% CAGR during the forecasting years of 2019-2027. United Kingdom, Germany, France, Italy, Spain and the remaining countries forming the Rest of Europe segment are considered for the market study.
Benefits like the reduction of programming time, increased uptime and others that would help manufacturers to increase productivity, reduce manufacturing cost, etc. are expected to contribute to the market growth. The governments of the region are initiating several incentives for amplifying the growth rate of the AI in the manufacturing market.
Some of the competing players in the European market are Rockwell Automation, Inc., International Business Machines Corporation, Intel Corporation, DataRPM (acquired by Progress), Siemens AG, Mitsubishi Electric Corporation, NVIDIA, Sight Machine, Alphabet Inc., airBrain Inc., Microsoft Corporation, Oracle Corporation, General Vision, Inc., Cisco Systems, Inc. and General Electric Company.