Global Artificial Intelligence (AI) in Manufacturing Market Will Reach USD 18.5 Billion By 2025: Zion Market Research

The escalating need for human-robot collaboration in the manufacturing industry for overall cost reduction is significantly driving the global artificial intelligence (AI) in manufacturing market. Robots play a crucial role in the manufacturing industry. Due to constant technological enhancements, it is predicted that the overall workforce and manpower will be replaced by robots in the future. AI-based robots are capable of monitoring every single stage of the manufacturing procedure and later provide gathered information through analytics software. As per the analysis of the International Federation of Robotics (IFR), a number of industrial robots deployed in factories accounted for over 1.3 million globally in 2018.