What is generative AI in manufacturing?

Generative AI in manufacturing refers to the use of artificial intelligence techniques, particularly generative models such as generative adversarial networks (GANs) or variational autoencoders (VAEs), to create designs, optimize processes, or enhance various aspects of manufacturing operations.

How big is Generative AI In Manufacturing Market?

The Global Generative AI In Manufacturing Market size is expected to be worth around USD 10,540.1 Million by 2033, from USD 316.2 Million in 2023, growing at a CAGR of 42% during the forecast period from 2024 to 2033.

Who are the key players in Generative AI In Manufacturing Market?

SAP SE, IBM Corporation, Microsoft Corporation, Alphabet Inc., Siemens AG, General Electric Company, Autodesk Inc., NVIDIA Corporation, Cisco Systems Inc. are the major companies operating in the Generative AI In Manufacturing Market.

Which region has the biggest share in Generative AI In Manufacturing Market?

In 2022, North America held a dominant market position in the Generative AI in Manufacturing Market, capturing more than a 47.6% share.

What are the key applications of generative AI in manufacturing?

Generative AI finds applications across various stages of the manufacturing lifecycle, including product design, process optimization, predictive maintenance, supply chain management, and quality control.

Generative AI In Manufacturing Market Size

Global Generative AI In Manufacturing Market Size, Share By Application (Product Design, Prototyping, And Other), By Deployment (On-Premises And On The Cloud), By Industry Vertical (Automotive, Aerospace, And Other ), By Region And Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends And Forecast 2023-2032

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