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As the manufacturing industry is moving to adopt new technologies it not only promotes increased productivity and efficiency – it also becomes a key driver for innovation and growth. With the global smart manufacturing market valuation predicted to grow to €445 billion by 2024, the potential emerging technologies offer become evident.
Artificial Intelligence (AI) for one, will soon grant data insight in real-time, supporting and instructing workers and robots in complex manufacturing processes. At StartUs Insights, we took a detailed look at startups working on advancing solutions and technologies in the manufacturing industry.
Using a data-driven, evidence-based, approach of actual startup activity, we’ve analyzed 800+ young companies to identify innovation areas that transform manufacturing as we know it today.