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Increased Applications of Natural Language Processing Technology to Boost Global Market for Artificial Intelligence (AI) Machines

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Published on : Feb 13, 2017

ALBANY, NY, FEb 13, 2017: The report on the global artificial intelligence (AI) machines market provides an in-depth study of manufacturing processes, key drivers and restraints, major applications, competitive landscape, and growth prospects of key segments along the forecast period. The analysis covers market positioning strategies of major distributors and traders along with an estimation of the revenue and market share of prominent manufacturers. The market size of key applications of artificial intelligence machines are covered in the research. The study analyzes disruptive technologies, emerging technological advancements, and key product enhancements that are expected to boost the adoption of artificial intelligence systems in various end-use industries.  

The global artificial intelligence machines market is poised to expand at a significant CAGR along the forecast period. The market is primarily driven by the increasing application of intelligent machines and software in various industry verticals such as manufacturing, automation, retail, transportation, and agriculture. The rise in applications of different natural language processing (NLP) technologies in various applications such as robots, smartphones, navigation systems, and car infotainment systems, is anticipated to fuel the growth of the artificial intelligence machines market. Combined with this, the increased adoption of intuitive AI technologies for enhancing consumer services is expected to stimulate the demand for the artificial intelligence machines market across the globe. 

The growth of the global artificial intelligence market is expected to be constrained by the lack of energy-efficient and low-cost hardware, particularly high-performing computing hardware. Coupled with this, the high upfront investment required for developing artificial intelligence machine technologies and the lack of skilled workforce to operate AI-enabled tools are likely to hamper the artificial intelligence machines market growth to some extent. However, developments in IT infrastructure across various sectors, combined with advancements in computing technology, are expected to create exciting growth opportunities for market players. In addition, recent product enhancements leading to energy-efficient AI machines are anticipated to spur the demand for these machines in various industrial manufacturing applications.

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The research study analyzes key manufacturing processes, raw material sourcing strategies of manufacturers, and provides an extensive profile of key suppliers and downstream buyers. The trends of the distribution channel development are highlighted in the study. In addition, the factors shaping the consumer preference of artificial intelligence machines in major regions such as North America, Europe, and Southeast Asia are elaborately evaluated in the report. 

The report segments the global artificial intelligence machines market on the basis of types, applications and, geography. The production shares and the gross margins of major machine types such as Cartesian, cylindrical, polar, and selective-compliance-articulated robot arm (SCARA) are provided in the research report. Major applications of artificial intelligence machines covered in the report are material handling, arc welding, and spot welding.

Key market players extensively profiled in the report include Adept Technology, ABB, DURR AG, Kawasaki Heavy Industries, KUKA AG, Nachi-Fujikoshi, Yaskawa Electric Corporation, Seiko Epson, and Denso Wave. 

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