+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

LAMEA Artificial Intelligence in Manufacturing Market Size, Share & Industry Trends Analysis Report By Offering, By Application, By Technology, By Industry, By Country and Growth Forecast, 2022 - 2028

  • PDF Icon

    Report

  • 142 Pages
  • May 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615719
The Latin America, Middle East and Africa Artificial Intelligence in Manufacturing Market is expected to witness market growth of 47.5% CAGR during the forecast period (2022-2028).

Machine learning allows for predictive maintenance by predicting equipment problems ahead of time, scheduling a timely repair, and reducing downtime. Instead of dedicating money to scheduled maintenance, manufacturers spend way too much time addressing faults. Machine learning algorithms have an impressive accuracy rate in predicting equipment failure, helping organizations to better plan their maintenance plans and improve asset reliability and product quality. Applying machine learning and predictive analytics raised overall equipment efficiency significantly.

One of the most common applications of machine learning is product creation. To achieve the greatest results, both new product design and existing product improvement require substantial data analysis. Machine learning solutions can assist in the collection and analysis of massive amounts of product data in order to better understand consumer demand, detect defects, and unearth new business prospects. This can aid in the improvement of current product designs as well as the development of new items that can provide new revenue streams for the company. Companies can lessen the risks involved with developing new goods by making better-informed decisions based on improved data.

To function properly, machine learning solutions depend on networks, data, and technological platforms - both on-premise and in the cloud. The security of these systems and data is vital, and machine learning can help by restricting access to important digital platforms and data. Individual users' access to sensitive data, the applications they use, and how they connect to it can all be streamlined with machine learning. This can help businesses protect their digital assets by immediately recognizing irregularities and taking appropriate action.

The Ministry of Industry and Advanced Technology's (MoIAT) strategy is the largest and most comprehensive plan for growing the UAE's industrial sector and strengthening its role in economic growth.

The UAE government is pursuing an economic agenda that focuses on diversification and attempts to foster the development of the private sector as a counterbalance to the state's historical economic supremacy. Throughout the UAE's seven emirates, there have been several efforts, policies, and regulations aimed at creating a more favorable climate for foreign investment.  Manufacturers benefit from a variety of key advantages in the region. It is a natural commerce hub, serving as a maritime crossroads connecting Europe, Asia, and Africa for ages. This spatial advantage is important to remember since the gravity model of commerce reveals that trade is stronger when major markets are close by. Furthermore, oil earnings have created substantial sovereign wealth funds, allowing governments to invest in policy goals. Manufacturing growth is a fundamental pillar of diversification in Saudi Arabia's Vision 2030, Bahrain's Economic Vision 2030, the UAE's Economic Vision 2030, and Dubai's Industrial Strategy 2030.

The Brazil market dominated the LAMEA Artificial Intelligence in Manufacturing Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $447.9 million by 2028. The Argentina market is anticipated to grow at a CAGR of 48.3% during (2022 - 2028). Additionally, The UAE market is expected to showcase a CAGR of 47.1% during (2022 - 2028).

Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Application, the market is segmented into Predictive maintenance & Machinery Inspection, Inventory Optimization, Quality Control, Cybersecurity, Industrial robots, Field Services, Production Planning, and Others. Based on Technology, the market is segmented into Machine Learning, Computer Vision, Natural Language Processing, and Context-aware Computing. Based on Industry, the market is segmented into Automotive, Food & Beverage, Pharmaceutical, Heavy Metals & Machine Manufacturing, Semiconductor & Electronics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include NVIDIA Corporation, Cisco Systems, Inc., Microsoft Corporation, IBM Corporation, Intel Corporation, Oracle Corporation, Google LLC, Micron Technology, Inc., Siemens AG, and General Electric (GE) Co.

Scope of the Study


Market Segments Covered in the Report:


By Offering

  • Software
  • Hardware
  • Services

By Application

  • Predictive maintenance & Machinery Inspection
  • Inventory Optimization
  • Quality Control
  • Cybersecurity
  • Industrial robots
  • Field Services
  • Production Planning
  • Others

By Technology

  • Machine Learning
  • Computer Vision
  • Natural Language Processing
  • Context-aware Computing

By Industry

  • Automotive
  • Food & Beverage
  • Pharmaceutical
  • Heavy Metals & Machine Manufacturing
  • Semiconductor & Electronics
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players


List of Companies Profiled in the Report:

  • NVIDIA Corporation
  • Cisco Systems, Inc.
  • Microsoft Corporation
  • IBM Corporation
  • Intel Corporation
  • Oracle Corporation
  • Google LLC
  • Micron Technology, Inc.
  • Siemens AG
  • General Electric (GE) Co.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Artificial Intelligence in Manufacturing Market, by Offering
1.4.2 LAMEA Artificial Intelligence in Manufacturing Market, by Application
1.4.3 LAMEA Artificial Intelligence in Manufacturing Market, by Technology
1.4.4 LAMEA Artificial Intelligence in Manufacturing Market, by Industry
1.4.5 LAMEA Artificial Intelligence in Manufacturing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2020
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug - 2022, Mar) Leading Players
Chapter 4. LAMEA Artificial Intelligence in Manufacturing Market by Offering
4.1 LAMEA Software Market by Country
4.2 LAMEA Hardware Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Artificial Intelligence in Manufacturing Market by Application
5.1 LAMEA Predictive maintenance & Machinery Inspection Market by Country
5.2 LAMEA Inventory Optimization Market by Country
5.3 LAMEA Quality Control Market by Country
5.4 LAMEA Cybersecurity Market by Country
5.5 LAMEA Industrial robots Market by Country
5.6 LAMEA Field Services Market by Country
5.7 LAMEA Production Planning Market by Country
5.8 LAMEA Others Market by Country
Chapter 6. LAMEA Artificial Intelligence in Manufacturing Market by Technology
6.1 LAMEA Machine Learning Market by Country
6.2 LAMEA Computer Vision Market by Country
6.3 LAMEA Natural Language Processing Market by Country
6.4 LAMEA Context-aware Computing Market by Country
Chapter 7. LAMEA Artificial Intelligence in Manufacturing Market by Industry
7.1 LAMEA Automotive Market by Country
7.2 LAMEA Food & Beverage Market by Country
7.3 LAMEA Pharmaceutical Market by Country
7.4 LAMEA Heavy Metals & Machine Manufacturing Market by Country
7.5 LAMEA Semiconductor & Electronics Market by Country
7.6 LAMEA Others Market by Country
Chapter 8. LAMEA Artificial Intelligence in Manufacturing Market by Country
8.1 Brazil Artificial Intelligence in Manufacturing Market
8.1.1 Brazil Artificial Intelligence in Manufacturing Market by Offering
8.1.2 Brazil Artificial Intelligence in Manufacturing Market by Application
8.1.3 Brazil Artificial Intelligence in Manufacturing Market by Technology
8.1.4 Brazil Artificial Intelligence in Manufacturing Market by Industry
8.2 Argentina Artificial Intelligence in Manufacturing Market
8.2.1 Argentina Artificial Intelligence in Manufacturing Market by Offering
8.2.2 Argentina Artificial Intelligence in Manufacturing Market by Application
8.2.3 Argentina Artificial Intelligence in Manufacturing Market by Technology
8.2.4 Argentina Artificial Intelligence in Manufacturing Market by Industry
8.3 UAE Artificial Intelligence in Manufacturing Market
8.3.1 UAE Artificial Intelligence in Manufacturing Market by Offering
8.3.2 UAE Artificial Intelligence in Manufacturing Market by Application
8.3.3 UAE Artificial Intelligence in Manufacturing Market by Technology
8.3.4 UAE Artificial Intelligence in Manufacturing Market by Industry
8.4 Saudi Arabia Artificial Intelligence in Manufacturing Market
8.4.1 Saudi Arabia Artificial Intelligence in Manufacturing Market by Offering
8.4.2 Saudi Arabia Artificial Intelligence in Manufacturing Market by Application
8.4.3 Saudi Arabia Artificial Intelligence in Manufacturing Market by Technology
8.4.4 Saudi Arabia Artificial Intelligence in Manufacturing Market by Industry
8.5 South Africa Artificial Intelligence in Manufacturing Market
8.5.1 South Africa Artificial Intelligence in Manufacturing Market by Offering
8.5.2 South Africa Artificial Intelligence in Manufacturing Market by Application
8.5.3 South Africa Artificial Intelligence in Manufacturing Market by Technology
8.5.4 South Africa Artificial Intelligence in Manufacturing Market by Industry
8.6 Nigeria Artificial Intelligence in Manufacturing Market
8.6.1 Nigeria Artificial Intelligence in Manufacturing Market by Offering
8.6.2 Nigeria Artificial Intelligence in Manufacturing Market by Application
8.6.3 Nigeria Artificial Intelligence in Manufacturing Market by Technology
8.6.4 Nigeria Artificial Intelligence in Manufacturing Market by Industry
8.7 Rest of LAMEA Artificial Intelligence in Manufacturing Market
8.7.1 Rest of LAMEA Artificial Intelligence in Manufacturing Market by Offering
8.7.2 Rest of LAMEA Artificial Intelligence in Manufacturing Market by Application
8.7.3 Rest of LAMEA Artificial Intelligence in Manufacturing Market by Technology
8.7.4 Rest of LAMEA Artificial Intelligence in Manufacturing Market by Industry
Chapter 9. Company Profiles
9.1 NVIDIA Corporation
9.1.1 Company Overview
9.1.5 Recent Strategies and Developments
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent Strategies and Developments
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.3 Microsoft Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent Strategies and Developments
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 IBM Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent Strategies and Developments
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisitions and Mergers:
9.5 Intel Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent Strategies and Developments
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Product Launches and Product Expansions:
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent Strategies and Developments
9.6.5.1 Product Launches and Product Expansions:
9.7 Google LLC
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent Strategies and Developments
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.8 Micron Technology, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.9 Siemens AG
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent Strategies and Developments
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.5.2 Product Launches and Product Expansions:
9.10. General Electric (GE) Co.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense

Companies Mentioned

  • NVIDIA Corporation
  • Cisco Systems, Inc.
  • Microsoft Corporation
  • IBM Corporation
  • Intel Corporation
  • Oracle Corporation
  • Google LLC
  • Micron Technology, Inc.
  • Siemens AG
  • General Electric (GE) Co.

Methodology

Loading
LOADING...