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allied market research

Market for AI in manufacturing forecast to grow at 57 percent a year in Asia

September 10, 2018 by Sam Francis

artificial-intelligence-image abstract

The market for artificial intelligence systems in manufacturing is forecast to grow at 57 percent a year in the Asia-Pacific region, according to a new report.

The study, Artificial Intelligence in Manufacturing Market, published by Allied Market Research, forecasts the global AI in manufacturing market to reach $15,273.7 million by 2025 from $513.6 million in 2017, at a “staggering growth rate” of 55.2 percent from 2018 to 2025.

Increasing use of automation and growing demand for big data integration in industrial processes have played a vital role in driving the adoption of AI in the sector, says Allied.  [Read more…] about Market for AI in manufacturing forecast to grow at 57 percent a year in Asia

Filed Under: Computing, Features Tagged With: ai in manufacturing, allied market research, artificial intelligence

Factory automation market predicted to reach $368 billion by 2025

August 28, 2018 by David Edwards

factory automation bosch rexroth

The global market for factory automation is predicted to grow $368 billion by 2025.

This is according to a new report published by Allied Market Research, titled Factory Automation Market by Control and Safety System, Component, and Industry Verticals: Global Opportunity Analysis and Industry Forecast, 2017-2025.

The global factory automation market accounted for $191 billion in 2017, and is expected to reach $368 billion by 2025, registering annual growth of 8.8 percent from 2018 to 2025.  [Read more…] about Factory automation market predicted to reach $368 billion by 2025

Filed Under: Features, Manufacturing Tagged With: allied market research, factory automation

Heavy payload robotic arm market to grow to $14 billion by 2025

August 1, 2018 by Sam Francis

fanuc robot lifting car

The market for the heavy payload robotic arm is set to grow to $13.6 billion by 2025, according to a new report by Allied Market Research. 

The research company says the large robots sector is currently worth around $10 billion.

If the forecast is accurate, it shows the staggering increase in demand for industrial robots of all types.  [Read more…] about Heavy payload robotic arm market to grow to $14 billion by 2025

Filed Under: Features Tagged With: allied market research, heavy-duty industrial robot

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