European AI in Manufacturing Market Size, Industry Share, Growth & Forecast To 2025

1. Orion Market Research European AI in Manufacturing Market, Size, Share, Analysis Report & Forecast to 2025 Request a free sample of our report on European AI in Manufacturing Market: https://www.omrglobal.com/request-sample/european-ai-in-manufacturing-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404

2. European AI in manufacturing market is estimated to grow significantly at a CAGR of 32.6% during the forecast period. Europe has a huge potential for the growth of AI in manufacturing owing to the significant investment made in the industry. The presence of major market players, well-developed automotive, industrial equipment, and pharmaceutical industries, fast adoption of new technology, and significant adoption of industrial robots are some of the major factors that contribute to the growth of the market in the region. Germany is expected to be the fastest-growing market in the region. Request a free sample of our report on European AI in Manufacturing Market: https://www.omrglobal.com/request-sample/european-ai-in-manufacturing-market One of the major motivating factors that push the European region upward is the presence of supportive government initiatives. Europe is a fully developed region in terms of technological advancement. In April 2018, the European Commission planned to invest $10.5 billion to develop the first-ever Digital Europe program. Digital Europe program will significantly raise the competitive position of the European Union in the international market. Within the program, Europe commission will invest to develop and reinforce the capabilities such as high-performance, computing, AI, cybersecurity, and advanced digital skills. A full report of European AI in Manufacturing Market is available at: https://www.omrglobal.com/industry-reports/european-ai-in-manufacturing-market 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 had the highest share of over 35% in the market owing to the 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 held the highest market share in 2018. The pharmaceutical segment is expected to have significant growth in Europe. Various pharmaceutical companies including Novartis International AG, AstraZeneca PLC, Evotec AG, and Janssen Pharmaceutical NV are using AI during drug discovery. Market Segmentation European AI in Manufacturing Market by Application Quality Control & Reclamation Predictive Maintenance Supply Network Optimization Others (Production Planning) European AI in Manufacturing Market by End-User Automobile Pharmaceutical Heavy Metal & Machine Manufacturing Others (Semiconductor and Electronics)

3. Regional Analysis UK Germany Italy Spain France Rest of Europe For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/european-ai-in-manufacturing-market About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404