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Asia Pacific 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

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    Report

  • 145 Pages
  • May 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615720
The Asia Pacific Artificial Intelligence in Manufacturing Market is expected to witness market growth of 43.9% CAGR during the forecast period (2022-2028).

Artificial intelligence is broadly embraced by manufacturers in the industries such as automobiles, pharmaceuticals, food and beverages, and energy and power. Increasing venture capital investments, growing demand for automation, and rapidly evolving industries and industrial IoT are believed to be driving the artificial intelligence in manufacturing market. Along with these, the growing demand for hardware platforms, and the increasing need for high-computing processors to run a wide range of AI software are also expected to propel the artificial intelligence in manufacturing market. AI in the manufacturing industry helps in collecting and handling big data. As a result, it is widely employed in a wide range of manufacturing applications, including machinery inspection, cybersecurity, quality control, and predictive analytics. All of these reasons are projected to drive the artificial intelligence in manufacturing market forward.

Furthermore, the artificial intelligence in manufacturing market is expected to be fueled by rising demand for machine learning technology and computer vision for machinery inspection, increased embracement of AI by factories to decrease machine downtime, and growing preference from factories to improve productivity and reduce operational costs. Testing, regular examination, lubrication, inspection, and modifications of equipment are all covered by AI technology integration in machinery inspection and predictive maintenance. As a result of these advantages, the artificial intelligence in manufacturing market is likely to grow.

China has become an industrial powerhouse in recent decades. Official figures put the number of manufacturing workers in the country at 83 million in 2002, but that figure is likely to be underestimated; the true amount is likely to be closer to 109 million. In 2002, the Group of Seven (G7) main industrialized countries employed 53 million people in the industry. Since then, both urban and rural China have benefited from private-sector manufacturing. The reformed factories are more productive than state-owned and collectively owned factories, and they are competitive in both domestic and global markets.

Rural migrants are powering the country's manufacturing expansion, and agriculture has tens or hundreds of millions of excess employees, some of whom may shift to factories in the future. Migrant labor aid China's manufacturing competitiveness around the world.

The manufacturing industry sectors generated 40% of China's GDP in 2015. In 2004, the manufacturing sector contributed 44.1 percent of GDP and employed 11.3 percent of the workforce. China is the largest producer of chemical fertilizers, cement, and steel in the world.

The China market dominated the Asia Pacific 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 $2,098.7 million by 2028. The Japan market is poised to grow at a CAGR of 43% during (2022 - 2028). Additionally, The India market is expected to display a CAGR of 44.8% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

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.

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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 Asia Pacific Artificial Intelligence in Manufacturing Market, by Offering
1.4.2 Asia Pacific Artificial Intelligence in Manufacturing Market, by Application
1.4.3 Asia Pacific Artificial Intelligence in Manufacturing Market, by Technology
1.4.4 Asia Pacific Artificial Intelligence in Manufacturing Market, by Industry
1.4.5 Asia Pacific 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. Asia Pacific Artificial Intelligence in Manufacturing Market by Offering
4.1 Asia Pacific Software Market by Country
4.2 Asia Pacific Hardware Market by Country
4.3 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Artificial Intelligence in Manufacturing Market by Application
5.1 Asia Pacific Predictive maintenance & Machinery Inspection Market by Country
5.2 Asia Pacific Inventory Optimization Market by Country
5.3 Asia Pacific Quality Control Market by Country
5.4 Asia Pacific Cybersecurity Market by Country
5.5 Asia Pacific Industrial robots Market by Country
5.6 Asia Pacific Field Services Market by Country
5.7 Asia Pacific Production Planning Market by Country
5.8 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Artificial Intelligence in Manufacturing Market by Technology
6.1 Asia Pacific Machine Learning Market by Country
6.2 Asia Pacific Computer Vision Market by Country
6.3 Asia Pacific Natural Language Processing Market by Country
6.4 Asia Pacific Context-aware Computing Market by Country
Chapter 7. Asia Pacific Artificial Intelligence in Manufacturing Market by Industry
7.1 Asia Pacific Automotive Market by Country
7.2 Asia Pacific Food & Beverage Market by Country
7.3 Asia Pacific Pharmaceutical Market by Country
7.4 Asia Pacific Heavy Metals & Machine Manufacturing Market by Country
7.5 Asia Pacific Semiconductor & Electronics Market by Country
7.6 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Artificial Intelligence in Manufacturing Market by Country
8.1 China Artificial Intelligence in Manufacturing Market
8.1.1 China Artificial Intelligence in Manufacturing Market by Offering
8.1.2 China Artificial Intelligence in Manufacturing Market by Application
8.1.3 China Artificial Intelligence in Manufacturing Market by Technology
8.1.4 China Artificial Intelligence in Manufacturing Market by Industry
8.2 Japan Artificial Intelligence in Manufacturing Market
8.2.1 Japan Artificial Intelligence in Manufacturing Market by Offering
8.2.2 Japan Artificial Intelligence in Manufacturing Market by Application
8.2.3 Japan Artificial Intelligence in Manufacturing Market by Technology
8.2.4 Japan Artificial Intelligence in Manufacturing Market by Industry
8.3 India Artificial Intelligence in Manufacturing Market
8.3.1 India Artificial Intelligence in Manufacturing Market by Offering
8.3.2 India Artificial Intelligence in Manufacturing Market by Application
8.3.3 India Artificial Intelligence in Manufacturing Market by Technology
8.3.4 India Artificial Intelligence in Manufacturing Market by Industry
8.4 South Korea Artificial Intelligence in Manufacturing Market
8.4.1 South Korea Artificial Intelligence in Manufacturing Market by Offering
8.4.2 South Korea Artificial Intelligence in Manufacturing Market by Application
8.4.3 South Korea Artificial Intelligence in Manufacturing Market by Technology
8.4.4 South Korea Artificial Intelligence in Manufacturing Market by Industry
8.5 Singapore Artificial Intelligence in Manufacturing Market
8.5.1 Singapore Artificial Intelligence in Manufacturing Market by Offering
8.5.2 Singapore Artificial Intelligence in Manufacturing Market by Application
8.5.3 Singapore Artificial Intelligence in Manufacturing Market by Technology
8.5.4 Singapore Artificial Intelligence in Manufacturing Market by Industry
8.6 Malaysia Artificial Intelligence in Manufacturing Market
8.6.1 Malaysia Artificial Intelligence in Manufacturing Market by Offering
8.6.2 Malaysia Artificial Intelligence in Manufacturing Market by Application
8.6.3 Malaysia Artificial Intelligence in Manufacturing Market by Technology
8.6.4 Malaysia Artificial Intelligence in Manufacturing Market by Industry
8.7 Rest of Asia Pacific Artificial Intelligence in Manufacturing Market
8.7.1 Rest of Asia Pacific Artificial Intelligence in Manufacturing Market by Offering
8.7.2 Rest of Asia Pacific Artificial Intelligence in Manufacturing Market by Application
8.7.3 Rest of Asia Pacific Artificial Intelligence in Manufacturing Market by Technology
8.7.4 Rest of Asia Pacific 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

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