AI in Manufacturing Market to be worth $47.88 Billion By 2030 - Grand View Research, Inc.

The European market anticipates a consistent and rapid surge in revenue growth throughout the projected period, primarily propelled by increased governmental endeavors to implement smart factory initiatives across Europe. The European Union (EU) has formulated an AI strategy with the objective of positioning the EU as a frontrunner in AI innovation while ensuring the development and utilization of machine learning aligns with human-centric values and is deemed reliable. To bolster proficiency in AI, there's a concerted effort between the commission and member states to collaborate on policies and investments. The Commission's ambitious plan involves an annual allocation of 20 billion euros for the next decade towards AI, aiming to draw additional investments from both private sectors and EU member states. These measures are poised to bolster and sustain market revenue growth within the region.

The European market anticipates a consistent and rapid surge in revenue growth throughout the projected period, primarily propelled by increased governmental endeavors to implement smart factory initiatives across Europe. The European Union (EU) has formulated an AI strategy with the objective of positioning the EU as a frontrunner in AI innovation while ensuring the development and utilization of machine learning aligns with human-centric values and is deemed reliable. To bolster proficiency in AI, there's a concerted effort between the commission and member states to collaborate on policies and investments. The Commission's ambitious plan involves an annual allocation of 20 billion euros for the next decade towards AI, aiming to draw additional investments from both private sectors and EU member states. These measures are poised to bolster and sustain market revenue growth within the region.

Read full market research report on AI in Manufacturing Market with TOC - Artificial Intelligence in Manufacturing Market Size, Share & Trends Analysis Report by Component (Hardware, Software, Services), By Technology, By Application, By End Use, By Region, And Segment Forecasts, 2025 - 2030

Artificial Intelligence in Manufacturing Market Report Highlights

Request a free sample copy or view report summary - AI in Manufacturing Market

Artificial Intelligence in Manufacturing Market Segmentation

Grand View Research has segmented the global artificial intelligence in manufacturing market report based on component, technology, application, end use, and region

AI in Manufacturing Market - Component Outlook (Revenue, USD Million, 2017 - 2030)

AI in Manufacturing Market - Technology Outlook (Revenue, USD Million, 2017 - 2030)

AI in Manufacturing Market - Application Outlook (Revenue, USD Million, 2017 - 2030)

AI in Manufacturing Market - End Use Outlook (Revenue, USD Million, 2017 - 2030)

AI in Manufacturing Market - Regional Outlook (Revenue, USD Million, 2017 - 2030)

North America

Europe

Asia Pacific

Latin America

Middle East and Africa (MEA)

List of Key Players of Artificial Intelligence in Manufacturing Market

Check out more related studies published by Grand View Research:

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research. Gain insights from 30K+ Global & Regional Reports, 120K+ Country Reports, 1.2M+ Market Statistics, 200K+ Company Profiles, and 5 business solutions encompassing ESG and Sustainability Consulting, Procurement Intelligence, Pricing Index and Analysis, and Consumer Analytics.

Contact:

Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: [email protected]
Web: https://www.grandviewresearch.com
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ai-in-manufacturing-market-to-be-worth-47-88-billion-by-2030---grand-view-research-inc-302445920.html