The AI quality inspection market is expected to grow at a CAGR of 20.53%, reaching a market size of US$70.747 billion in 2029 from US$27.808 billion in 2024.
When it comes to using software-driven artificial intelligence and vision technologies, AI quality inspection helps detect and process inconsistencies in products, including semiconductors, pharmaceuticals, textiles, and automotive manufacturing. Hence, AI-owned applications that make quality checks are becoming more common in the semiconductor industry as well as in medicine, clothing production, car-making industries, and others because of their precision and ability to save time.
The AI quality inspection software can be manufactured either based on the machine learning model or as a pre-trained software service. The precision offered by AI-powered quality control techniques is a significant advantage over manual quality control, making it the preferred choice for leading manufacturing companies worldwide. Therefore, considering the increasing demand for AI-based products and other factors influencing the consumption of AI quality inspection software, it can be expected that the AI-based quality control market will reach a larger market size in the forecast period.
The manual quality control offered by the human eye can sometimes fail to detect such failures in large batches. To overcome this limitation, leading manufacturing companies worldwide are actively investing in AI-based quality inspection software to identify defective goods earlier and prevent additional expenses.
In addition to this, IBM has introduced its latest AI quality inspection product, which implements a federated learning model. Apart from these established companies, several startups in the USA are dedicating their product line to innovating novel models and methods to improve AI-assisted quality inspection. For instance, the AI-based quality control application of Neurala Inc., a Boston startup, has been incorporated by one of the leading manufacturers in the world, IHI Corporation. Therefore, considering the present trends in the AI market and the recent developments in AI quality inspection products in the USA, it can be anticipated that the North American AI quality inspection market is likely to witness an expansion over the forecast period.
When it comes to using software-driven artificial intelligence and vision technologies, AI quality inspection helps detect and process inconsistencies in products, including semiconductors, pharmaceuticals, textiles, and automotive manufacturing. Hence, AI-owned applications that make quality checks are becoming more common in the semiconductor industry as well as in medicine, clothing production, car-making industries, and others because of their precision and ability to save time.
The AI quality inspection software can be manufactured either based on the machine learning model or as a pre-trained software service. The precision offered by AI-powered quality control techniques is a significant advantage over manual quality control, making it the preferred choice for leading manufacturing companies worldwide. Therefore, considering the increasing demand for AI-based products and other factors influencing the consumption of AI quality inspection software, it can be expected that the AI-based quality control market will reach a larger market size in the forecast period.
AI quality inspection Market Drivers:
- Increasing adoption of AI-based quality control software in the manufacturing sector is anticipated to increase the demand
The manual quality control offered by the human eye can sometimes fail to detect such failures in large batches. To overcome this limitation, leading manufacturing companies worldwide are actively investing in AI-based quality inspection software to identify defective goods earlier and prevent additional expenses.
AI Quality Inspection Market Geographical Outlook
- North America is witnessing exponential growth during the forecast period
In addition to this, IBM has introduced its latest AI quality inspection product, which implements a federated learning model. Apart from these established companies, several startups in the USA are dedicating their product line to innovating novel models and methods to improve AI-assisted quality inspection. For instance, the AI-based quality control application of Neurala Inc., a Boston startup, has been incorporated by one of the leading manufacturers in the world, IHI Corporation. Therefore, considering the present trends in the AI market and the recent developments in AI quality inspection products in the USA, it can be anticipated that the North American AI quality inspection market is likely to witness an expansion over the forecast period.
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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The AI quality inspection market is segmented and analyzed as follows:
- By Type
- Pre-trained
- Deep learning
- By End-Users
- Semiconductor
- Pharmaceutical
- Automotive
- Textile
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- Indonesia
- Others
- North America
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. AI QUALITY INSPECTION MARKET BY TYPE
6. AI QUALITY INSPECTION MARKET BY END-USER
7. AI QUALITY INSPECTION MARKET BY GEOGRAPHY
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
9. COMPANY PROFILES
Companies Mentioned
Some of the key companies profiled in this AI Quality Inspection Market report include:- Intel Corp
- Kitov Systems
- Mitutoyo America Corporation
- Landing AI
- NEC Corporation
- tunic AG
- Robert Bosch GmbH
- deevio GmbH
- craftworks GmbH
- Pleora Technologies Inc
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | September 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 27.81 billion |
Forecasted Market Value ( USD | $ 70.75 billion |
Compound Annual Growth Rate | 20.5% |
Regions Covered | Global |
No. of Companies Mentioned | 11 |