THE CATALYST THAT IS ARTIFICIAL INTELLIGENCE & MACHINE LEARNING: THE IMMINENT REVOLUTION IN ADVANCED MANUFACTURING
Asamaka Industries Ltd
Industrial Automation Solution Providers with a specialization in Electrical Design and Control System Integration.
Artificial Intelligence (AI) and machine learning (ML) are powerfully transforming several industries around the world, and advanced manufacturing isn't left out of the game.?
As the sector continues to develop, AI and ML have become catalysts for a transformation that will affect the process of manufacturing forever.?
In this article we will be exploring the present state of manufacturing, the applications, the usefulness of AI and ML, the challenges and restrictions that must be addressed.?
THE CURRENT STATE OF ADVANCED MANUFACTURING
In a nation's industrial sector, advanced manufacturing is swiftly becoming the cornerstone of progress. (Source:www.ioptimizerealty.com)?
It is a clear pivot towards both inventing and integrating smart technologies.?
Advanced manufacturing is a dynamic and complex industry that depends on the integration of brand new technologies, and creative processes.
With a global market size of $220.8BN in 2022, and is expected to reach a massive $754.25BN with a projected growth rate of 14.1% CAGR (compound annual growth rate). However, the advanced manufacturing sector faces several challenges which include efficiency, productivity and customization.?
THE IMPACT OF AI AND ML IN ADVANCED MANUFACTURING
AI and ML are transforming advanced manufacturing in numerous ways including:?
Product development: Manufacturers can use digital twins before a product’s physical counterpart is manufactured.
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The usefulness of AI and ML in advanced manufacturing are numerous, including an improved level of efficiency, improved productivity, enhanced customization, and reduced costs.?
CASE STUDIES AND EXAMPLES
Real world examples demonstrate the success of AI and ML in manufacturing.?
GE appliances, for instance, use AI- powered sensors to predict maintenance needs, reducing downtime by 20%.?
Siemens employs ML algorithms to optimize production processes, resulting in a 15% increase in productivity.?
CHALLENGES AND LIMITATIONS
While AI and ML offer significant benefits, challenges and limitations must be put into consideration and addressed properly, such challenges include:?
With emerging trends like Edge AI and Explainable AI the future of the advanced manufacturing industry is destined to undergo further transformation. The industry is expected to experience significant growth, with Al and ML adoption predicted to increase by 30% in the next three years.?
CONCLUSION?
As AI and ML transform advanced manufacturing, the industry is poised for unprecedented growth and innovation. Embracing these technologies is no longer a choice, but a necessity for manufacturers to remain competitive and relevant.
?While challenges and limitations exist, the benefits of AI and ML in advanced manufacturing are undeniable. As we stand at the forefront of this revolution, the question remains: What groundbreaking innovations will emerge when human ingenuity and technological prowess converge to shape the future of manufacturing?
Kindly let us know your thoughts in the comments.