Intelligent manufacturing global market set for positive growth

Domestic and international experts, academicians and enterprises will share the latest developments in intelligent manufacturing and foster global cooperation in the field during the 2024 World Intelligent Manufacturing Conference, which will be held from Dec 20 to 22 in Nanjing, Jiangsu province.

According to the latest data, the global market for intelligent manufacturing is expected to grow at a compound annual growth rate of 13.5 percent from 2024 to 2029, with the Asia-Pacific region holding the largest market share.

Governments worldwide are increasingly focusing on the development of intelligent manufacturing as a key driver of the global manufacturing industry transformation and upgrading, said Wu Youhua, deputy secretary-general of the International Alliance of Intelligent Manufacturing, on Friday.

The conference has been held for seven consecutive times in Nanjing.

Shi Yudie contributed to this story.