PUBLISHER: KBV Research | PRODUCT CODE: 1093188
PUBLISHER: KBV Research | PRODUCT CODE: 1093188
North America Artificial Intelligence in Manufacturing Market Size, Share & Industry Trends Analysis Report By Offering (Software, Hardware, and Services), By Application, By Technology, By Industry, By Country and Growth Forecast, 2022 - 2028
The North America Artificial Intelligence in Manufacturing Market would witness market growth of 42.6% CAGR during the forecast period (2022-2028).
Natural language processing-powered chatbots are an important AI trend in manufacturing that can assist streamline factory issue reporting and help requests. This is a branch of artificial intelligence that focuses on simulating real human dialogue. Artificial intelligence can help workers produce competent reports more quickly in an easy-to-understand style if they can utilize devices to communicate and report difficulties and inquiries to chatbots. This increases worker accountability while also reducing the workload for both workers and management.
Manufacturers can use AI-enabled systems to evaluate multiple scenarios (in terms of time, cost, and income) to optimize last-mile deliveries. AI can forecast future delivery times precisely by predicting the best delivery routes, tracking driver performance in real-time, and assessing weather and traffic reports in addition to past data. From capacity planning to inventory tracking and administration, AI can help manufacturers gain more control over their supply chains. They can set up a real-time and predictive supplier assessment and monitoring mechanism to be notified as soon as a supplier fails and analyze the scope of the supply chain interruption. The manufacturer Rolls Royce is one such example. It powers its fleet of self-driving ships with advanced machine learning algorithms and image recognition, which increases supply chain efficiency and ensures cargo is transported securely.
The processing of food and beverages is a significant contributor to the Canadian economy. Employment in the sector was predicted to grow by 4.7% in 2014, reaching around 265,000 people. According to Agriculture and Agri-Food Canada, the Canadian food and beverage processing industry supplied around 80% of the processed food and beverage products accessible in the country in 2011. Soft drink and bottled water production, as well as wineries, breweries, and distilleries, are all examples of beverage processing. Since the manufacturing of food and beverages is a complex process that involves quality checks at multiple stages, the deployment of artificial intelligence in the manufacturing of food and beverages is set to grow with time.
Canada's modern economy relies heavily on manufacturing. Manufacturing accounts for over $174 billion of Canada's total GDP or more than 10% of the country's total. Furthermore, manufacturers export more than $354 billion every year, accounting for 68 percent of all merchandise exports in Canada. All of this translates to 1.7 million good-paying full-time jobs across the country. Manufacturers have become more innovative and high-tech as the industry has modernized, relying on a highly skilled and knowledgeable workforce of designers, researchers, programmers, engineers, technicians, and craftspeople.
The US market dominated the North America Artificial Intelligence in Manufacturing Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $4,481.4 million by 2028. The Canada market is experiencing a CAGR of 45.8% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 44.5% during (2022 - 2028).
Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Application, the market is segmented into Predictive maintenance & Machinery Inspection, Inventory Optimization, Quality Control, Cybersecurity, Industrial robots, Field Services, Production Planning, and Others. Based on Technology, the market is segmented into Machine Learning, Computer Vision, Natural Language Processing, and Context-aware Computing. Based on Industry, the market is segmented into Automotive, Food & Beverage, Pharmaceutical, Heavy Metals & Machine Manufacturing, Semiconductor & Electronics, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Intel Corporation, Oracle Corporation, Google LLC, Micron Technology, Inc., Siemens AG, and General Electric (GE) Co.
Scope of the Study
Market Segments covered in the Report:
By Offering
- Software
- Hardware
- Services
By Application
- Predictive maintenance & Machinery Inspection
- Inventory Optimization
- Quality Control
- Cybersecurity
- Industrial robots
- Field Services
- Production Planning
- Others
By Technology
- Machine Learning
- Computer Vision
- Natural Language Processing
- Context-aware Computing
By Industry
- Automotive
- Food & Beverage
- Pharmaceutical
- Heavy Metals & Machine Manufacturing
- Semiconductor & Electronics
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- NVIDIA Corporation
- Cisco Systems, Inc.
- Microsoft Corporation
- IBM Corporation
- Intel Corporation
- Oracle Corporation
- Google LLC
- Micron Technology, Inc.
- Siemens AG
- General Electric (GE) Co.
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Artificial Intelligence in Manufacturing Market, by Offering
- 1.4.2 North America Artificial Intelligence in Manufacturing Market, by Application
- 1.4.3 North America Artificial Intelligence in Manufacturing Market, by Technology
- 1.4.4 North America Artificial Intelligence in Manufacturing Market, by Industry
- 1.4.5 North America Artificial Intelligence in Manufacturing Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition and Scenario
- 2.1.1 Overview
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.3 Market Share Analysis, 2020
- 3.4 Top Winning Strategies
- 3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug - 2022, Mar) Leading Players
Chapter 4. North America Artificial Intelligence in Manufacturing Market by Offering
- 4.1 North America Software Market by Country
- 4.2 North America Hardware Market by Country
- 4.3 North America Services Market by Country
Chapter 5. North America Artificial Intelligence in Manufacturing Market by Application
- 5.1 North America Predictive maintenance & Machinery Inspection Market by Country
- 5.2 North America Inventory Optimization Market by Country
- 5.3 North America Quality Control Market by Country
- 5.4 North America Cybersecurity Market by Country
- 5.5 North America Industrial robots Market by Country
- 5.6 North America Field Services Market by Country
- 5.7 North America Production Planning Market by Country
- 5.8 North America Others Market by Country
Chapter 6. North America Artificial Intelligence in Manufacturing Market by Technology
- 6.1 North America Machine Learning Market by Country
- 6.2 North America Computer Vision Market by Country
- 6.3 North America Natural Language Processing Market by Country
- 6.4 North America Context-aware Computing Market by Country
Chapter 7. North America Artificial Intelligence in Manufacturing Market by Industry
- 7.1 North America Automotive Market by Country
- 7.2 North America Food & Beverage Market by Country
- 7.3 North America Pharmaceutical Market by Country
- 7.4 North America Heavy Metals & Machine Manufacturing Market by Country
- 7.5 North America Semiconductor & Electronics Market by Country
- 7.6 North America Others Market by Country
Chapter 8. North America Artificial Intelligence in Manufacturing Market by Country
- 8.1 US Artificial Intelligence in Manufacturing Market
- 8.1.1 US Artificial Intelligence in Manufacturing Market by Offering
- 8.1.2 US Artificial Intelligence in Manufacturing Market by Application
- 8.1.3 US Artificial Intelligence in Manufacturing Market by Technology
- 8.1.4 US Artificial Intelligence in Manufacturing Market by Industry
- 8.2 Canada Artificial Intelligence in Manufacturing Market
- 8.2.1 Canada Artificial Intelligence in Manufacturing Market by Offering
- 8.2.2 Canada Artificial Intelligence in Manufacturing Market by Application
- 8.2.3 Canada Artificial Intelligence in Manufacturing Market by Technology
- 8.2.4 Canada Artificial Intelligence in Manufacturing Market by Industry
- 8.3 Mexico Artificial Intelligence in Manufacturing Market
- 8.3.1 Mexico Artificial Intelligence in Manufacturing Market by Offering
- 8.3.2 Mexico Artificial Intelligence in Manufacturing Market by Application
- 8.3.3 Mexico Artificial Intelligence in Manufacturing Market by Technology
- 8.3.4 Mexico Artificial Intelligence in Manufacturing Market by Industry
- 8.4 Rest of North America Artificial Intelligence in Manufacturing Market
- 8.4.1 Rest of North America Artificial Intelligence in Manufacturing Market by Offering
- 8.4.2 Rest of North America Artificial Intelligence in Manufacturing Market by Application
- 8.4.3 Rest of North America Artificial Intelligence in Manufacturing Market by Technology
- 8.4.4 Rest of North America Artificial Intelligence in Manufacturing Market by Industry
Chapter 9. Company Profiles
- 9.1 NVIDIA Corporation
- 9.1.1 Company Overview
- 9.1.5 Recent Strategies and Developments
- 9.1.5.1 Partnerships, Collaborations, and Agreements:
- 9.1.5.2 Product Launches and Product Expansions:
- 9.2 Cisco Systems, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 Recent Strategies and Developments
- 9.2.5.1 Partnerships, Collaborations, and Agreements:
- 9.3 Microsoft Corporation
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent Strategies and Developments
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.4 IBM Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional & Segmental Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent Strategies and Developments
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.5.2 Acquisitions and Mergers:
- 9.5 Intel Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent Strategies and Developments
- 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.5.2 Product Launches and Product Expansions:
- 9.6 Oracle Corporation
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent Strategies and Developments
- 9.6.5.1 Product Launches and Product Expansions:
- 9.7 Google LLC
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 Recent Strategies and Developments
- 9.7.5.1 Partnerships, Collaborations, and Agreements:
- 9.8 Micron Technology, Inc.
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.9 Siemens AG
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Segmental and Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent Strategies and Developments
- 9.9.5.1 Partnerships, Collaborations, and Agreements:
- 9.9.5.2 Product Launches and Product Expansions:
- 9.10. General Electric (GE) Co.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expense
LIST OF TABLES
- TABLE 1 North America Artificial Intelligence in Manufacturing Market, 2018 - 2021, USD Million
- TABLE 2 North America Artificial Intelligence in Manufacturing Market, 2022 - 2028, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Artificial Intelligence in Manufacturing Market
- TABLE 4 Product Launches And Product Expansions- Artificial Intelligence in Manufacturing Market
- TABLE 5 Acquisition and Mergers- Artificial Intelligence in Manufacturing Market
- TABLE 6 North America Artificial Intelligence in Manufacturing Market by Offering, 2018 - 2021, USD Million
- TABLE 7 North America Artificial Intelligence in Manufacturing Market by Offering, 2022 - 2028, USD Million
- TABLE 8 North America Software Market by Country, 2018 - 2021, USD Million
- TABLE 9 North America Software Market by Country, 2022 - 2028, USD Million
- TABLE 10 North America Hardware Market by Country, 2018 - 2021, USD Million
- TABLE 11 North America Hardware Market by Country, 2022 - 2028, USD Million
- TABLE 12 North America Services Market by Country, 2018 - 2021, USD Million
- TABLE 13 North America Services Market by Country, 2022 - 2028, USD Million
- TABLE 14 North America Artificial Intelligence in Manufacturing Market by Application, 2018 - 2021, USD Million
- TABLE 15 North America Artificial Intelligence in Manufacturing Market by Application, 2022 - 2028, USD Million
- TABLE 16 North America Predictive maintenance & Machinery Inspection Market by Country, 2018 - 2021, USD Million
- TABLE 17 North America Predictive maintenance & Machinery Inspection Market by Country, 2022 - 2028, USD Million
- TABLE 18 North America Inventory Optimization Market by Country, 2018 - 2021, USD Million
- TABLE 19 North America Inventory Optimization Market by Country, 2022 - 2028, USD Million
- TABLE 20 North America Quality Control Market by Country, 2018 - 2021, USD Million
- TABLE 21 North America Quality Control Market by Country, 2022 - 2028, USD Million
- TABLE 22 North America Cybersecurity Market by Country, 2018 - 2021, USD Million
- TABLE 23 North America Cybersecurity Market by Country, 2022 - 2028, USD Million
- TABLE 24 North America Industrial robots Market by Country, 2018 - 2021, USD Million
- TABLE 25 North America Industrial robots Market by Country, 2022 - 2028, USD Million
- TABLE 26 North America Field Services Market by Country, 2018 - 2021, USD Million
- TABLE 27 North America Field Services Market by Country, 2022 - 2028, USD Million
- TABLE 28 North America Production Planning Market by Country, 2018 - 2021, USD Million
- TABLE 29 North America Production Planning Market by Country, 2022 - 2028, USD Million
- TABLE 30 North America Others Market by Country, 2018 - 2021, USD Million
- TABLE 31 North America Others Market by Country, 2022 - 2028, USD Million
- TABLE 32 North America Artificial Intelligence in Manufacturing Market by Technology, 2018 - 2021, USD Million
- TABLE 33 North America Artificial Intelligence in Manufacturing Market by Technology, 2022 - 2028, USD Million
- TABLE 34 North America Machine Learning Market by Country, 2018 - 2021, USD Million
- TABLE 35 North America Machine Learning Market by Country, 2022 - 2028, USD Million
- TABLE 36 North America Computer Vision Market by Country, 2018 - 2021, USD Million
- TABLE 37 North America Computer Vision Market by Country, 2022 - 2028, USD Million
- TABLE 38 North America Natural Language Processing Market by Country, 2018 - 2021, USD Million
- TABLE 39 North America Natural Language Processing Market by Country, 2022 - 2028, USD Million
- TABLE 40 North America Context-aware Computing Market by Country, 2018 - 2021, USD Million
- TABLE 41 North America Context-aware Computing Market by Country, 2022 - 2028, USD Million
- TABLE 42 North America Artificial Intelligence in Manufacturing Market by Industry, 2018 - 2021, USD Million
- TABLE 43 North America Artificial Intelligence in Manufacturing Market by Industry, 2022 - 2028, USD Million
- TABLE 44 North America Automotive Market by Country, 2018 - 2021, USD Million
- TABLE 45 North America Automotive Market by Country, 2022 - 2028, USD Million
- TABLE 46 North America Food & Beverage Market by Country, 2018 - 2021, USD Million
- TABLE 47 North America Food & Beverage Market by Country, 2022 - 2028, USD Million
- TABLE 48 North America Pharmaceutical Market by Country, 2018 - 2021, USD Million
- TABLE 49 North America Pharmaceutical Market by Country, 2022 - 2028, USD Million
- TABLE 50 North America Heavy Metals & Machine Manufacturing Market by Country, 2018 - 2021, USD Million
- TABLE 51 North America Heavy Metals & Machine Manufacturing Market by Country, 2022 - 2028, USD Million
- TABLE 52 North America Semiconductor & Electronics Market by Country, 2018 - 2021, USD Million
- TABLE 53 North America Semiconductor & Electronics Market by Country, 2022 - 2028, USD Million
- TABLE 54 North America Others Market by Country, 2018 - 2021, USD Million
- TABLE 55 North America Others Market by Country, 2022 - 2028, USD Million
- TABLE 56 North America Artificial Intelligence in Manufacturing Market by Country, 2018 - 2021, USD Million
- TABLE 57 North America Artificial Intelligence in Manufacturing Market by Country, 2022 - 2028, USD Million
- TABLE 58 US Artificial Intelligence in Manufacturing Market, 2018 - 2021, USD Million
- TABLE 59 US Artificial Intelligence in Manufacturing Market, 2022 - 2028, USD Million
- TABLE 60 US Artificial Intelligence in Manufacturing Market by Offering, 2018 - 2021, USD Million
- TABLE 61 US Artificial Intelligence in Manufacturing Market by Offering, 2022 - 2028, USD Million
- TABLE 62 US Artificial Intelligence in Manufacturing Market by Application, 2018 - 2021, USD Million
- TABLE 63 US Artificial Intelligence in Manufacturing Market by Application, 2022 - 2028, USD Million
- TABLE 64 US Artificial Intelligence in Manufacturing Market by Technology, 2018 - 2021, USD Million
- TABLE 65 US Artificial Intelligence in Manufacturing Market by Technology, 2022 - 2028, USD Million
- TABLE 66 US Artificial Intelligence in Manufacturing Market by Industry, 2018 - 2021, USD Million
- TABLE 67 US Artificial Intelligence in Manufacturing Market by Industry, 2022 - 2028, USD Million
- TABLE 68 Canada Artificial Intelligence in Manufacturing Market, 2018 - 2021, USD Million
- TABLE 69 Canada Artificial Intelligence in Manufacturing Market, 2022 - 2028, USD Million
- TABLE 70 Canada Artificial Intelligence in Manufacturing Market by Offering, 2018 - 2021, USD Million
- TABLE 71 Canada Artificial Intelligence in Manufacturing Market by Offering, 2022 - 2028, USD Million
- TABLE 72 Canada Artificial Intelligence in Manufacturing Market by Application, 2018 - 2021, USD Million
- TABLE 73 Canada Artificial Intelligence in Manufacturing Market by Application, 2022 - 2028, USD Million
- TABLE 74 Canada Artificial Intelligence in Manufacturing Market by Technology, 2018 - 2021, USD Million
- TABLE 75 Canada Artificial Intelligence in Manufacturing Market by Technology, 2022 - 2028, USD Million
- TABLE 76 Canada Artificial Intelligence in Manufacturing Market by Industry, 2018 - 2021, USD Million
- TABLE 77 Canada Artificial Intelligence in Manufacturing Market by Industry, 2022 - 2028, USD Million
- TABLE 78 Mexico Artificial Intelligence in Manufacturing Market, 2018 - 2021, USD Million
- TABLE 79 Mexico Artificial Intelligence in Manufacturing Market, 2022 - 2028, USD Million
- TABLE 80 Mexico Artificial Intelligence in Manufacturing Market by Offering, 2018 - 2021, USD Million
- TABLE 81 Mexico Artificial Intelligence in Manufacturing Market by Offering, 2022 - 2028, USD Million
- TABLE 82 Mexico Artificial Intelligence in Manufacturing Market by Application, 2018 - 2021, USD Million
- TABLE 83 Mexico Artificial Intelligence in Manufacturing Market by Application, 2022 - 2028, USD Million
- TABLE 84 Mexico Artificial Intelligence in Manufacturing Market by Technology, 2018 - 2021, USD Million
- TABLE 85 Mexico Artificial Intelligence in Manufacturing Market by Technology, 2022 - 2028, USD Million
- TABLE 86 Mexico Artificial Intelligence in Manufacturing Market by Industry, 2018 - 2021, USD Million
- TABLE 87 Mexico Artificial Intelligence in Manufacturing Market by Industry, 2022 - 2028, USD Million
- TABLE 88 Rest of North America Artificial Intelligence in Manufacturing Market, 2018 - 2021, USD Million
- TABLE 89 Rest of North America Artificial Intelligence in Manufacturing Market, 2022 - 2028, USD Million
- TABLE 90 Rest of North America Artificial Intelligence in Manufacturing Market by Offering, 2018 - 2021, USD Million
- TABLE 91 Rest of North America Artificial Intelligence in Manufacturing Market by Offering, 2022 - 2028, USD Million
- TABLE 92 Rest of North America Artificial Intelligence in Manufacturing Market by Application, 2018 - 2021, USD Million
- TABLE 93 Rest of North America Artificial Intelligence in Manufacturing Market by Application, 2022 - 2028, USD Million
- TABLE 94 Rest of North America Artificial Intelligence in Manufacturing Market by Technology, 2018 - 2021, USD Million
- TABLE 95 Rest of North America Artificial Intelligence in Manufacturing Market by Technology, 2022 - 2028, USD Million
- TABLE 96 Rest of North America Artificial Intelligence in Manufacturing Market by Industry, 2018 - 2021, USD Million
- TABLE 97 Rest of North America Artificial Intelligence in Manufacturing Market by Industry, 2022 - 2028, USD Million
- TABLE 98 Key Information - NVIDIA Corporation
- TABLE 99 Key Information - Cisco Systems, Inc.
- TABLE 100 key information - Microsoft Corporation
- TABLE 101 Key information - IBM Corporation
- TABLE 102 Key Information - Intel Corporation
- TABLE 103 Key Information - Oracle Corporation
- TABLE 104 Key Information - Google LLC
- TABLE 105 key information - Micron Technology, Inc.
- TABLE 106 Key Information - Siemens AG
- TABLE 107 KEY INFORMATION - GENERAL ELECTRIC (GE) CO.
List of Figures
- FIG 1 Methodology for the research
- FIG 2 KBV Cardinal Matrix
- FIG 3 Market Share Analysis, 2020
- FIG 4 Key Leading Strategies: Percentage Distribution (2018 -2022)
- FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Aug - 2022, Mar) Leading Players
- FIG 6 Recent Strategies and Developments: NVIDIA Corporation
- FIG 7 Recent Strategies and Developments: IBM Corporation
- FIG 8 Recent Strategies and Developments: Intel Corporation
- FIG 9 Recent Strategies and Developments: Siemens AG
