Understanding AI in Machinery
The Artificial Intelligence (AI) in Machinery market is experiencing rapid growth, currently valued at USD 2.86 billion and projected to reach USD 17.64 billion by 2030, according to HTF Market Intelligence. This represents a remarkable growth rate of 48.2% CAGR during the period from 2024 to 2030. But what does AI in machinery mean, and why is it gaining traction?
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