ASIA PACIFIC ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET FORECAST 2019-2027

ASIA PACIFIC ARTIFICIAL INTELLIGENCE (AI) IN MANUFACTURING MARKET FORECAST 2019-2027

  • February 2019 •
  • 90 pages •
  • Report ID: 5746428 •
  • Format: PDF
KEY FINDINGS
The Asia Pacific Artificial Intelligence in the manufacturing market is anticipated to proliferate at a CAGR of 52.48% during the forecasting years of 2019-2027. China, India, Japan, Australia, South Korea, and the remaining countries from the Pacific Rim constitute the Rest of Asia Pacific segment are considered for this regional market study.

MARKET INSIGHTS
Application of artificial intelligence in the manufacturing includes material movement, predictive maintenance, and machinery inspection, production planning and others.The companies from this region are focused on the development of products and services based upon specified application.

The manufacturing industries are depending on the robotics owing to various advantages such as growing productivity, raw material handling to finished product packaging, 24X7 availability, decreasing production cost, reduce waste, etc. Also, the effective results are a priority to the industries which are further proliferating the adoption of AI robots that can be beneficial for the manufacturing industry in many ways.

COMPETITIVE INSIGHTS
The Asia Pacific market has many competing market players in the region, namely, General Vision, Inc., Mitsubishi Electric Corporation, Intel Corporation, Sight Machine, Microsoft Corporation, NVIDIA, airBrain Inc., Oracle Corporation, Rockwell Automation, Inc., International Business Machines Corporation, Cisco Systems, Inc., Siemens AG, Alphabet Inc., General Electric Company, and DataRPM (acquired by Progress).

Companies mentioned
1. AIRBRAIN INC.
2. ALPHABET INC.
3. CISCO SYSTEMS, INC.
4. DATARPM (ACQUIRED BY PROGRESS)
5. GENERAL ELECTRIC COMPANY
6. GENERAL VISION, INC.
7. INTEL CORPORATION
8. INTERNATIONAL BUSINESS MACHINES CORPORATION
9. MICROSOFT CORPORATION
10. MITSUBISHI ELECTRIC CORPORATION
11. NVIDIA
12. ORACLE CORPORATION
13. ROCKWELL AUTOMATION, INC.
14. SIEMENS AG
15. SIGHT MACHINE