Revolutionizing Manufacturing: The Power of Artificial Intelligence
The global artificial intelligence in manufacturing market size is anticipated to reach USD 47.88 billion by 2030 and is anticipated to expand at a CAGR of 44.2% during the forecast period, according to a new report by Grand View Research, Inc. The substantial driver propelling the growth of the market is the escalating demand to manage progressively larger and intricate datasets, coupled with the emergence of industrial IoT and automation technology. The market's expansion is primarily attributed to the widespread utilization of big data, machine learning models, industrial robots, and the progression of the Internet of Things (IoT). Additionally, key macro drivers such as prioritizing value creation and delivering enhanced customer experiences contribute significantly to the notable growth observed in the artificial intelligence in manufacturing market. Innovations in computer vision technology empowered manufacturers to apply AI-based quality control methods. With ...