German AI in manufacturing market is estimated to grow at a CAGR of over 33% during the forecast period. The presence of well-established companies is one of the major factors driving the growth of AI in the manufacturing market in the country. The government is focusing to create AI environment in the country for the overall growth of the country. Since the introduction of Industry 4.0 in 2011, Germany has been focussing on progress toward smart manufacturing through automation and AI. However, German manufacturing industry lags behind that of other developed countries in adopting Industry 4.0 technologies.
The market is segmented on the basis of application and end-user. Based on application, the market is segmented into quality control & reclamation, predictive maintenance, supply network optimization, and others including production planning. Predictive maintenance held the highest share in 2018 owing to increasing demand for accuracy and reliability during the manufacturing process. Based on end-user, the market is segmented into automobile, pharmaceutical, heavy metal & machine manufacturing and others. The automobile segment dominated the market in 2018.
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Germany AI in Manufacturing Market Segmentation
By Application
- Quality Control & Reclamation
- Predictive Maintenance
- Supply Network Optimization
- Others (Production Planning)
By End-User
- Automobile
- Pharmaceutical
- Heavy Metal & Machine Manufacturing
- Others (Semiconductor and Electronics)
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Company Profiles
- Automation Anywhere, Inc.
- Fujitsu Ltd.
- Google LLC
- IBM Corp.
- Microsoft Corp.
- Oracle Corp.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- TXT E-SOLUTIONS S.P.A.
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