Artificial Intelligence for Smart Manufacturing Applications

Quality Monitoring, Yield Improvement, Root Cause Analysis, Predictive Maintenance, Energy Management, Digital Twins, 3D Printing Arm Control, and Other Key Smart Manufacturing Use Cases: Global Market Analysis and Forecasts

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Pages: 81
Tables, Charts,
     & Figures:
72
Publication Date: Q1 2019
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The manufacturing industry exhibits some contradictions when it comes to automation and technology. On the one hand, manufacturing was among the first industries to integrate any type of technology more than a century ago, as the production of goods incorporated tools to aid in the production process. On the other hand, manufacturing companies are risk-averse when it comes to implementing new technology quickly, mainly due to the large amount of capital and time at stake.

However, manufacturing companies are incorporating artificial intelligence (AI) technology to their environments at a modest, yet steady, pace. AI includes the use of machine learning (ML) and deep learning (DL) – often with other enabling technologies. As manufacturing becomes more cost-sensitive and customers demand quality, manufacturers are using AI to enhance the performance of equipment, reduce downtime, and improve the quantity and quality of products. The overarching driver of AI technology is the ability to find insights in large data sources that would be too unwieldy for humans to analyze quickly. According to Tractica, global revenue for AI software, services, and hardware for smart manufacturing applications is expected to reach more than $13 billion by 2025.

This Tractica report assesses the global market for AI technologies used in smart manufacturing applications. The technologies include ML, DL, natural language processing (NLP), computer vision, machine reasoning, and strong AI. Global market forecasts, segmented by region, product and service category, use case, and segment, extend through 2025. Tractica also addresses the market trends, drivers, and barriers to adoption related to manufacturing AI technologies and provides profiles for key market participants.

Key Questions Addressed:

  • What are the primary AI use cases within manufacturing that will see the fastest growth through 2025?
  • Which key technologies will enable the use of AI in a manufacturing environment?
  • Which vendors are actively working with manufacturing customers to bring AI to the factory floor?
  • What key market drivers have led to the evaluation and use of AI for smart manufacturing applications?
  • What barriers to adoption exist in the market, and how are they being overcome?

Who Needs This Report?

  • Global, regional and local manufacturing companies
  • AI platform and algorithm development companies
  • AI service providers
  • Industrial robotics developers and manufacturers
  • Manufacturing execution system vendors
  • Government agencies
  • Investor community

Table of Contents

  1. Executive Summary
    1. Introduction
    2. Market Drivers
    3. Market Barriers
    4. Technologies in Use
    5. Market Forecasts
  2. Market Issues
    1. Market Drivers
      1. Shift to Enhanced Profitability Metrics
      2. Greater Implementation of IoT Sensors and Networks
      3. Significant Improvements in ML Algorithms
      4. Advances in Hardware and Software
      5. Demand for More Granular Control over Processes and Products
      6. Growth in Cloud-Based AI
    2. Market Barriers
      1. The Over-Hyped and Over-Sold Trend
      2. Unrealistic Expectations around AI
      3. Challenges in Getting Buy-In
      4. Lack of Explainability
      5. Need for Accurate Data
      6. Lack of Experienced Talent
      7. Challenges Aligning Goals
      8. Job Displacement, Human Augmentation, and Transformation of Work
    3. Market Trends
      1. AI and ML Are Maturing
      2. Growth in Cloud-Based AI Services
      3. Growth in Automated ML
      4. Improvements in Explainable AI
      5. Growing Use of Self-Service Tools
      6. Expansion of MES Tool Capabilities
    4. Typical Manufacturing Customer Concerns or Issues
    5. Manufacturing Use Case Categories
      1. Enhanced Operational Visibility
        1. Root Cause Analysis
        2. Yield Improvement
        3. Quality Monitoring
        4. Visual Inspections of Product
        5. Predictive Maintenance
        6. Supply Chain Optimization
        7. Video Surveillance
        8. Energy Management
      2. Industrial Robotics and Control
        1. Human-Robot Collaboration Enhancement
        2. Robotic and Machine Vision Enhancement
        3. Localization and Mapping
        4. Machine/Vehicular Object Detection/Identification/Avoidance
        5. 3D Printing Arm Control
      3. Product Development and Design
        • Digital Twins
        • Generative Design
        • Product Lifecycle Management and Product Customization
      4. Manufacturing Trends
  3. Technology Issues
    1. Definition of AI
    2. Machine Learning
    3. Deep Learning
    4. Natural Language Processing
    5. Computer Vision
    6. Machine Reasoning
    7. Strong AI
    8. Voice/Speech Recognition
    9. Supervised vs Unsupervised Learning Systems
      1. Supervised Learning Technologies
        1. Artificial Neural Networks
        2. Decision Trees
        3. Naïve Bayes Classifiers
      2. Unsupervised Learning Technologies
        1. Deep Learning
        2. Clustering Algorithms
    10.  Other Key Enabling Technologies
      1. Predictive APIs
      2. Sensor Data Fusion
      3. IoT Networks
      4. Reinforcement Learning
  4.  Key Industry Players
    1.  Overview
    2. Aspen Technology
    3. BigML
    4. Bosch Rexroth
    5. Bragi
    6. Bright Machines
    7. Falkonry
    8. Flutura
    9. General Electric
    10. MachineMetrics
    11. micropsi industries
    12. Predikto
    13. RapidMiner
    14. Rulex
    15. Sanmina
    16. Seeq
    17. Siemens
    18. Sight Machine
    19. Splice Machine
    20. Splunk
    21. TrendMiner
  5.  Market Forecasts
    1.  Overview
      1. Global Manufacturing AI Hardware Revenue
      2. Global Manufacturing AI Software Revenue
      3. Global Manufacturing AI Services Revenue
    2. Total Global Manufacturing AI Revenue
      1. Global Manufacturing AI-Driven Hardware Revenue by Product Category
      2. Global Manufacturing AI-Driven Cloud Services Revenue by Region
      3. Global Manufacturing AI-Driven Services Revenue by Service Category
      4. Global Manufacturing AI Software Revenue by Use Case
        1. Global Manufacturing AI Software Revenue, Quality Monitoring
        2. Global Manufacturing AI Software Revenue, Yield Improvement
        3. Global Manufacturing AI Software Revenue, Predictive Maintenance
        4. Global Manufacturing AI Software Revenue, RCA
        5. Global Manufacturing AI Software Revenue, Energy Management
        6. Global Manufacturing AI Software Revenue, Digital Twins
        7. Global Manufacturing AI Software Revenue, 3D Printing Arm Control
        8. Global Manufacturing AI Software Revenue, Machine/Vehicular Object
        9. Global Manufacturing AI Software Revenue, Supply Chain Optimization
        10. Global Manufacturing AI Software Revenue, Sensor Data Fusion
        11. Global Manufacturing AI Software Revenue, PLM
        12. Global Manufacturing AI Software Revenue, Robotic and Machine Vision Enhancement
        13. Global Manufacturing AI Software Revenue, Human-Robot Collaboration Enhancement
        14. Global Manufacturing AI Software Revenue, Localization and Mapping
        15. Global Manufacturing AI Software Revenue, Video Surveillance
        16. Global Manufacturing AI Software Revenue, Voice/Speech Recognition
        17. Global Manufacturing AI Software Revenue, Generative Design
    3. Conclusions and Recommendations
  6.  Company Directory
  7. Acronym and Abbreviation List
  8. Table of Contents
  9. Table of Charts and Figures
  10. Scope of Study, Sources and Methodology, Notes

List of Charts, Figures, and Tables

Charts
  • Total Manufacturing AI Revenue by Segment, World Markets: 2018-2025
  • Manufacturing AI Hardware Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Services Revenue by Region, World Markets: 2018-2025
  • Total Manufacturing AI Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Hardware Revenue by Product Category, World Markets: 2018-2025
  • Manufacturing AI-Driven Cloud Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Services Revenue by Service Category: 2018-2025
  • Manufacturing AI Software Revenue by Use Case, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Quality Monitoring by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Yield Improvement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Predictive Maintenance by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Root Cause Analysis by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Energy Management by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Digital Twins by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for 3D Printing Arm Control by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Machine/Vehicular Object Detection/Identification/Avoidance by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Supply Chain Optimization by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Sensor Data Fusion in Machinery by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Product Lifecycle Management by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Robotic and Machine Vision Enhancement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Human-Robot Collaboration Enhancement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Localization and Mapping by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Voice/Speech Recognition by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Generative Design by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Cloud Services Revenue, World Markets: 2018-2025
  • Manufacturing AI-Driven CPU, ASIC, and FPGA Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven GPU Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Network Products Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Storage Devices Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Installation Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Training Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Customization Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Application Integration Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Support and Maintenance Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Video Surveillance by Region, World Markets: 2018-2025
Tables
  • Total Manufacturing AI Revenue by Region, World Markets: 2018-2025
  • Total Manufacturing AI Revenue by Segment, World Markets: 2018-2025
  • Manufacturing AI Hardware Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue by Use Case, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Quality Monitoring by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Yield Improvement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Root Cause Analysis by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Predictive Maintenance by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Energy Management by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Digital Twins by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for 3D Printing Arm Control by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Machine/Vehicular Object Detection/Identification/Avoidance by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Supply Chain Optimization by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Sensor Data Fusion in Machinery by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Product Lifecycle Management by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Robotic and Machine Vision Enhancement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Human-Robot Collaboration Enhancement by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Localization and Mapping by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Video Surveillance by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Voice/Speech Recognition by Region, World Markets: 2018-2025
  • Manufacturing AI Software Revenue for Generative Design by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Hardware Revenue by Product Category, World Markets: 2018-2025
  • Manufacturing AI-Driven Cloud Services Revenue, World Markets: 2018-2025
  • Manufacturing AI-Driven Cloud Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven CPU, ASIC, and FPGA Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven GPU Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Network Products Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Storage Devices Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Services Revenue by Service Category: 2018-2025
  • Manufacturing AI-Driven Installation Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Training Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Customization Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Application Integration Services Revenue by Region, World Markets: 2018-2025
  • Manufacturing AI-Driven Support and Maintenance Services Revenue by Region, World Markets: 2018-2025