US Artificial Intelligence in Manufacturing Market Report 2022: A $7.47 Bn Market by 2027 - Increasing Venture Capital Investments in the Manufacturing AI Space - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "US Artificial Intelligence in Manufacturing Market (2022-2027) by Component, Technology, Applications, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The US Artificial Intelligence in Manufacturing Market is estimated to be USD 1.2 Bn in 2022 and is projected to reach USD 7.47 Bn by 2027, growing at a CAGR of 44.14%.

Market dynamics are forces that impact the prices and behaviors of the US Artificial Intelligence in Manufacturing Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service.

Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

Some of the companies covered in this report are AIBrain Inc, Alphabet Inc, Amazon Web Services Inc, Bright Machines, Cisco Systems Inc, General Vision Inc, Intel Corp, Micron Technology Inc, Microsoft Corp, Nvidia Corp, Oracle Corp, Progress Software Corp, Rockwell Automation Inc, SparkCognition Inc, Vicarious Inc, etc.

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score.

The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Artificial Intelligence in Manufacturing Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company.

The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Artificial Intelligence in Manufacturing Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Market Dynamics

Drivers

• Intensifying Need to Handle Increasingly Large and Complex Dataset
• Improving Computing Power of AI Chipsets
• Increasing Venture Capital Investments in Manufacturing AI Space

Restraints

• Reluctance among Manufacturers to Adopt AI-Based Technologies

Opportunities

• Growing Scale of Manufacturing Operations
• Rising Acceptance of Modern Manufacturing Techniques
• Increasing Deployment of Automation Technologies

Challenges

• Limited Availability of Skilled Workforce
• Concerns Regarding Data Privacy

Market Segmentations

• By Component, the market is classified into Hardware, Services, and Software.
• By Technology, the market is classified into Machine Learning (ML), Natural Language Processing (NLP), Computer Vision, Speech and Voice Recognition, and Context-Aware Computing.
• By Applications, the market is classified into Reductive Maintenance & Machinery Inspection, Quality Management, Robotics & Factory Automation, Supply Chain Optimization, Material Handling, Production Planning, Safety Planning, Field Services, Cybersecurity, and Energy Management.
• By Vertical, the market is classified into Automotive, Semiconductors & Electronics, Aerospace and Defense, Heavy Metals & Machine Manufacturing, Medical Devices, Energy & Power, Pharmaceuticals, and Fast-Moving Consumer Goods.

Company Profiles

• AIBrain Inc
• Alphabet Inc
• Amazon Web Services Inc
• Bright Machines
• Cisco Systems Inc
• General Vision Inc
• Intel Corp
• Micron Technology Inc
• Microsoft Corp
• Nvidia Corp
• Oracle Corp
• Progress Software Corp
• Rockwell Automation Inc
• SparkCognition Inc
• Vicarious Inc

For more information about this report visit https://www.researchandmarkets.com/r/7012o7

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