How AI has affected the front-leaders in Automotive, Pharmaceutical, Electronics, Food & Beverage and Aerospace/Defense Industries.

A recent survey conducted by Augury of 500 firms reveals that 63% plan to boost AI spending in manufacturing. This aligns with AI in manufacturing market projection, which is estimated to reach $20.8 billion by 2028, according to MarketsandMarkets.

In Automotive, Ford employs cobots for welding, gluing and quality control tasks. It uses six cobots to sand the entire body surface of a car in 35 seconds. Similarly, BMW’s Spartanburg plant, producing 60% of U.S. BMWs, uses AI-managed robots, saving $1 million yearly and reallocating workers.

Artificial Intelligence in Manufacturing Forbes, January 17th 2024.