Artificial Intelligence devices in manufacturing to hit 15 million by 2024

Posted on 25 Sep 2019 by Jonny Williamson

The total installed base of AI-enabled devices in industrial manufacturing is forecast to reach 15.4 million within five years, with a CAGR of 64.8% from 2019 to 2024.

It’s claimed that Artificial Intelligence (AI) will revolutionise the industrial manufacturing space, and in many respects that transformation has already begun. AI is already delivering generative design in product development, production forecasting in inventory management, and machine vision, defect inspection, production optimisation, and predictive maintenance in the production phase. “AI in industrial manufacturing is a…

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