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.

Some of the companies operating in the German AI in Manufacturing market include Schneider Electric SE, Siemens AG, Microsoft Corp., Google LLC, Oracle Corp., and others. In addition, the presence of start-ups in the country provide a growth potential for the market in the near future. Konux is a German-based start-up founded in 2014. The start-up offers a predictive maintenance system for Rail Switches. It is an end-to-end solution which uses IoT sensors and AI to improve network ability. The company raised $2 million from Silicon Valley business angels in 2015. To expand AI capabilities in the European market the company secured Series A funding of $16 million in 2017. It secured series B funding of $20 million in 2018.

Research Methodology

The market study of the Germany AI in manufacturing market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for IT companies, software vendors, automotive industry, healthcare companies, research institutes, government organizations, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis on market size, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. Germany AI in Manufacturing Market Research and Analysis by Application

2. Germany AI in Manufacturing Market Research and Analysis by End-User 

The Report Covers

• Comprehensive research methodology of the Germany AI in Manufacturing market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Germany AI in Manufacturing market.
• Insights about market determinants which are stimulating the Germany AI in Manufacturing market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.