Artificial Intelligence in Manufacturing and Supply Chain Market in Japan to Expand at a CAGR of 13.27% until 2026

Strategic Insights -

The artificial intelligence in manufacturing and supply chain market in Japan is poised to experience significant growth, with an expected increase of USD 1.79 billion between 2021 and 2026. The market is expected to be driven by the automotive segment, which will have the largest share and create significant growth opportunities for market players. Despite the shortage of AI technology experts, the demand for automation to improve productivity and rise in investments and research and development in AI startups will offer immense growth opportunities for market vendors.

Key Takeaways:

  • The artificial intelligence in manufacturing and supply chain market in Japan is expected to grow at a CAGR of 13.27% between 2021 and 2026.
  • The automotive segment will have the largest share of the market and is expected to create significant growth opportunities for market players.
  • The artificial intelligence in manufacturing and supply chain market in Japan is fragmented due to the presence of several vendors, including Alphabet Inc., General Electric Co., Intel Corp., International Business Machines Corp., Microsoft Corp., NVIDIA Corp., RapidMiner Inc., Salesforce.com Inc., Samsung Electronics Co. Ltd., and Siemens AG.
  • The drivers of the market include the demand for automation to improve productivity, rise in investments and research and development in AI startups, and evolving industrial IoT and big data integration.
  • The market will face challenges, including the shortage of AI technology experts.
  • The vendors should focus on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Statistics:

  • The artificial intelligence in manufacturing and supply chain market in Japan is expected to grow at a CAGR of 13.27% between 2021 and 2026.
  • The market size in 2021 was USD [insert figure], and is expected to reach USD x billion by 2026.
  • The automotive segment will have the largest share of the market, accounting for [insert percentage] of the market size in 2026.
  • The software segment will have the largest share of the market by type, accounting for [insert percentage] of the market size in 2026.

Sources:

  • Technavio, "Artificial Intelligence in Manufacturing and Supply Chain Market in Japan 2022-2026"
  • Press release, "Technavio: Artificial Intelligence in Manufacturing and Supply Chain Market in Japan: Scope Report Coverage Details"