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Pune, India, December 14, 2021 (Global News Service)-Global Artificial intelligence in manufacturing Due to the increased demand for collaborative robots and the development of the semiconductor industry, the scale is expected to increase.According to “Fortune Business Insights”, its latest report is entitled “Artificial intelligence (AI) market size, share, and COVID-19 impact analysis in the manufacturing industry, through provision (hardware, software, and services), through technology (computer vision, machine learning, natural language processing, and context awareness), through application (Process control, production planning, predictive maintenance and machinery inspection, logistics and inventory management, quality management, etc.), by industry (automotive, medical equipment, semiconductor and electronics, energy and power, heavy metal and machinery manufacturing, etc.), and 2020- Regional forecast for 2027.”, It is observed that by 2027, the market will reach 9.89 billion U.S. dollars, and the compound annual growth rate between 2020 and 2027 is expected to reach 24.2%. Due to the impact of COVID-19, the market is expected to see substantial growth, so the compound annual growth rate from 2020 to 2027 is very high/very high, as most industries want to adopt artificial intelligence in order to reduce manual intervention Realize operation automation.
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The emergence of COVID-19 brought the world to a standstill. We understand that this health crisis has brought unprecedented impact to companies in all walks of life. However, this will pass. Increasing support from the government and several companies can help combat this highly contagious disease. Some industries are struggling, and some industries are booming. Overall, almost every industry is expected to be affected by the pandemic.
We are constantly working to help your business maintain and grow during the COVID-19 pandemic. Based on our experience and expertise, we will provide you with an analysis of the impact of the cross-industry coronavirus outbreak to help you prepare for the future.
Artificial Intelligence (AI) is considered a modern game-changing technology in manufacturing. The use of artificial intelligence in the manufacturing industry provides many benefits, such as accurate and fast data-driven decision-making, minimizing operating costs, optimizing multiple processes, and improving the overall experience of customer satisfaction. In addition, artificial intelligence can be easily embedded in existing products and services provided by the company, making it reliable, effective and safe. For example, in the automotive industry, artificial intelligence-based technologies such as computer vision are used to accurately detect obstacles to prevent road deaths while promoting safe driving.
What does the market report provide?
The artificial intelligence report in the manufacturing industry has conducted a detailed study of several factors that will affect the market growth in the next few years, such as driving factors, constraints, challenges and opportunities. The report covers regional demographic data, including qualitative and quantitative information about the regions, which are further divided into countries that will contribute to market growth from 2019 to 2026. In addition, the competitive landscape was discussed in depth, including…
The full story can be found on Benzinga.com
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