New ARC Advisory Group research on artificial intelligence (AI) in machinery market reveals that global demands for product variety, transparency, efficiency, flexibility, speed of response, and cost reduction in manufacturing is pushing AI solutions in machinery, with support from Big Data and computing solutions.
“Machine builders and end users face challenges in the operation of their machinery, ranging from unplanned downtime to product quality issues. Compared with the capabilities of factory automation, machine AI solutions offer end users new alternatives to generate actionable insights faster, from asset management to process optimization, in an ever-changing manufacturing environment,” according to Ebele Maduekwe, Research Analyst at ARC Advisory Group and key author of ARC’s Artificial Intelligence in Machinery Global Market Research report.
About Artificial Intelligence in Machinery Research
This ARC research explores current market performance and related application and business trends, identifies leading AI technology, and provides five-year and twelve-year global forecasts for the artificial intelligence in machinery market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts by revenue category, technology clusters, AI application type, machinery type, region, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and an overview of strategic issues.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.