PUBLISHER: TechSci Research | PRODUCT CODE: 1886334
PUBLISHER: TechSci Research | PRODUCT CODE: 1886334
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The Global AI in Manufacturing Market, valued at USD 5.71 Billion in 2024, is projected to experience a CAGR of 37.90% to reach USD 39.27 Billion by 2030. Artificial intelligence (AI) in manufacturing involves integrating machine learning and other AI technologies to optimize industrial workflows, production, and decision-making, particularly in areas like quality control, predictive maintenance, and supply chain management. Market expansion is primarily driven by the imperative for enhanced operational efficiency, cost reduction goals, and the need to address labor shortages.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 5.71 Billion |
| Market Size 2030 | USD 39.27 Billion |
| CAGR 2025-2030 | 37.90% |
| Fastest Growing Segment | Software |
| Largest Market | Asia Pacific |
Key Market Drivers
The emphasis on automation to enhance operational efficiency and reduce costs is a primary driving force within the global AI in manufacturing market. Manufacturers are increasingly deploying AI-powered systems to streamline production processes, optimize resource allocation, and minimize waste, fostering more agile and lean operations. AI enables intelligent automation of tasks and supports complex decision-making, leading to significant financial and operational benefits.
Key Market Challenges
A significant challenge impeding the growth of the Global AI in Manufacturing Market is the pervasive issue of fragmented and disconnected data within manufacturing environments. This problem arises from disparate systems, legacy technologies, and varied data formats across different operational units, creating silos that prevent a unified view of production processes. Such fragmentation directly complicates the collection, integration, and analysis of data essential for effective AI implementation.
Key Market Trends
Generative AI is transforming product development by autonomously creating novel designs and accelerating prototyping cycles, moving beyond the optimization of existing designs. This capability allows manufacturers to explore a vast array of possibilities, optimizing criteria such as material usage and performance, and drastically shortening time-to-market. According to the National Association of Manufacturers' "Working Smarter: How Manufacturers Are Using Artificial Intelligence" report, published in May 2024, AI plays a pivotal role in accelerating product development cycles, enabling innovative design iterations.
In this report, the Global AI in Manufacturing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global AI in Manufacturing Market.
Global AI in Manufacturing Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: