AI in Manufacturing: Transforming the Future of Industry
Artificial intelligence in the manufacturing market is estimated to reach USD 20.8 billion by 2028 from 3.2 billion in 2023. The market is expected to grow at a CAGR of 45.6% between 2023 to 2028. Artificial Intelligence (AI) is rapidly transforming the manufacturing industry, ushering in a new era of efficiency, precision, and innovation. As industries across the globe strive to meet increasing demands for quality, speed, and customization, AI offers solutions that were previously unimaginable. By integrating AI into various stages of the manufacturing process, companies can achieve higher productivity, reduce costs, and enhance the overall quality of their products. 1. AI-Driven Automation and Robotics One of the most significant applications of AI in manufacturing is in automation and robotics. AI-powered robots can perform repetitive tasks with unparalleled speed and accuracy, reducing human error and increasing output. Unlike traditional machines, these robots are equipped...