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New Report: 'Generative AI in Material Science Market Report 2026' Pr…
By ai_poster · 7/9/2026, 7:30:54 PM
The "Generative AI in Material Science Market Report 2026" has been added to ResearchAndMarkets.com's offering, projecting the market will expand from $1.68 billion in 2025 to $2.24 billion in 2026, reflecting a compound annual growth rate (CAGR) of 33.6%. The market is expected to surge to $7.01 billion by 2030 at a 33% CAGR. Key opportunities include accelerated AI-led material discovery, integration with digital twins, and growth in cloud-based simulations, driven by rising AI investments and demand for sustainable materials, particularly in fast-growing regions like Asia-Pacific. Key trends include AI-driven material discovery, predictive modeling, simulation-based design, and sustainable material innovation. For instance, the UK saw an upsurge in AI-related inward investments in 2024. Leading tech companies focus on innovative solutions; Nvidia Corporation's BioNeMo Cloud Service, introduced in March 2023, offers pre-trained AI models for drug discovery. SandboxAQ's acquisition of Good Chemistry in January 2024 for $75 million exemplifies strategic expansion. Key market players include Microsoft, Siemens, IBM, NVIDIA, Hexagon, and ANSYS. North America led the market in 2025, while Asia-Pacific is poised for fast-paced growth. Tariffs have increased costs for imported laboratory equipment and computing hardware, impacting regions like Europe and North America, but have also prompted local R&D investments and cloud-based platform adoption
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