Latest News- Generative AI In Manufacturing Sector Market: Cloud-based is expected to lead the Deployment segment during 2025-2029

The Generative AI In Manufacturing Sector Market is being driven by Demand for accelerated product innovation and complexity management

The Generative AI In Manufacturing Sector Market is expected to grow at a CAGR of 37.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1948.5 million. The manufacturing sector is witnessing a significant shift towards hyper-automation, with generative AI emerging as a key catalyst. Instead of merely serving as standalone analytical tools, AI systems are now being integrated as intelligent copilots, collaborating with engineers, designers, and plant operators to automate complex cognitive tasks. These AI copilots, which understand context and user intent through natural language prompts, can generate software code for programmable logic controllers, draft technical documentation and compliance reports, summarize intricate quality control data, and even propose innovative design concepts based on simple descriptive inputs. This trend signifies a transformative evolution in the manufacturing industry, extending automation beyond physical robotics and into the realm of knowledge work. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Deployment
  • Cloud-based
  • On-premises
• Application
  • Product design
  • Predictive maintenance
  • Process optimization
  • Energy optimization
  • Prototyping
• End-user
  • Automotive
  • Aerospace
  • Electronics
  • Consumer goods
  • Others
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Demand for accelerated product innovation and complexity management
• Imperative for operational efficiency and resilience
• Increasing accessibility and integration of AI platforms

However, the market also witnesses some limitations, which are as follows:

• Data security and intellectual property protection
• High capital investment and integration complexity
• Model reliability, explainability, and workforce skills gap

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Market Scope in Generative AI In Manufacturing Sector Market Research Report

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Research Analysis Overview

In the manufacturing sector, AI is revolutionizing operations through generative design software, automating processes with AI, predictive analytics for data-driven decision making, and optimizing factory automation with robotics integration. Data visualization tools aid in process improvement strategies, while quality metrics ensure consistency. AI also streamlines production scheduling, inventory management, and supply chain resilience. Risk assessment models and sustainability initiatives promote energy efficiency and resource allocation, leading to cost reduction strategies. AI enhances product lifecycle management, digital transformation, agile manufacturing methods, lean principles, and six sigma methodologies. Industrial control systems integrate sensor data, and model predictive control ensures optimal performance.

Market Research Overview

In the dynamic business landscape of the manufacturing sector, Generative AI models have emerged as a game-changer, revolutionizing various processes through AI-driven process optimization. Predictive Maintenance AI and AI-powered quality control are prime applications, enhancing operational efficiency and productivity. These advanced technologies fall under the broader category of application software, contributing significantly to the global IT software market. The market size is determined by the combined revenue of companies specializing in IT software, encompassing cloud-based solutions, enterprise software, and technical applications. The application software market specifically focuses on software designed for industry-specific needs, including the manufacturing sector, where AI integration is increasingly prevalent.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/