Abstract
Intelligent manufacturing is considered among the most important elements of the modern industrial revolution, which includes digitalization, networking, and the development of the intelligent manufacturing industry. With the progressive development of modern information technology, particularly the new generation of artificial intelligence (AI) technology, many new opportunities are coming into existence for intelligent machine tool (IMT) development. Intelligent machine tools offer diverse advantages, including learning and optimizing machining processes, error compensation, energy savings, and failure prevention. The paper focuses on the machine tool market in terms of global production, the leading machine tool-producing countries, and the leading countries’ market share in machine tool production. Moreover, the usage of various artificial intelligence techniques in intelligent machining operations is also considered in this comprehensive review, including machining parameter optimization, tool condition monitoring (TCM), and chatter vibration management of intelligent machine tools. Furthermore, future challenges for the machine tool industry are also highlighted.
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