Artificial Intelligence (AI) is transforming industries across the globe, and manufacturing is no exception. With the advent of advanced technologies, manufacturers are increasingly turning to AI to enhance productivity, streamline processes, and improve decision-making. This article delves into the fundamentals of AI in manufacturing, exploring its applications, benefits, challenges, and future trends.
According to BIS Research, the
Global AI in Manufacturing Market, valued at $5.12 billion in 2024, is projected to grow at a CAGR of 38.46%, potentially reaching $132.54 billion by 2034.
Understanding AI: The Basics
AI refers to the simulation of human intelligence in machines programmed to think and learn. It encompasses various technologies, including machine learning, natural language processing, and computer vision. In manufacturing, AI leverages vast amounts of data to optimize operations, improve quality, and enhance customer experiences.
