The AI (artificial intelligence) in the manufacturing market is expected to grow at a CAGR of 39.7% from 2019 to 2027 to reach $27 billion by 2027 - Artificial Intelligence in Manufacturing Market and AI-powered technologies could increase labour productivity by up to 40% across 16 industries, including manufacturing by 2035  - Accenture and Frontier Economics.

AI is helping and transforming the manufacturing industry, and there are several ways AI Is Improving manufacturing: 

  • Maintaining machinery and production assets.
  • Optimising product design using generative design algorithm that relies on ML (machine learning) techniques.
  • Improving demand forecast accuracy.
  • Prediction of failure modes and preventive maintenance. 
  • Improving worker safety, reduce costs, and achieve sustainability goals.
  • Introduce new levels of quality control to manufacturing centres.
  • Data determined decisions - sending an alert to an assembly operator in case of inconsistencies in the production process.
  • Design new models in real-time, hoping to reduce time-to-market for the next-generation model series.
  • Minimising operational costs.
  • Facilitating enhanced production outcomes and advance process effectiveness.
  • Facilitating product development and quality checks.
  • Promoting superior scalability, customer service and much more.