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Dec 04, 2020 (The Expresswire) —
The global artificial intelligence (AI) in manufacturing market size is expected to rise owing to increasing demand for collaborative robots and growing semiconductor industry. According to Fortune Business Insights, its latest report, titled “Artificial Intelligence (AI) in Manufacturing Market Size, Share and COVID-19 Impact Analysis, By Offering (Hardware, Software, and Services), By Technology (Computer Vision, Machine Learning, Natural Language Processing, and Context Awareness), By Application (Process Control, Production Planning, Predictive Maintenance and Machinery Inspection, Logistics and Inventory Management, Quality Management, and Others), By Industry (Automotive, Medical Devices, Semiconductor andElectronics, Energy and Power, Heavy Metal and Machine Manufacturing, and Others), and Regional Forecast, 2020-2027.”, observes that the market will hit USD 9.89 Billion by 2027, while exhibiting a promising 24.2% CAGR between 2020 and 2027. This market is expected to witness substantial