The Global Smart Manufacturing Market was valued USD 157.8 billion in 2017 and it is estimated to grow with a CAGR of 7.8% to hold out with USD xx.xx billion with its forecast span that is 2018-2025. The element navigating the increasing market contains growth of supporting industrial robots, the advancement of internet-of-things, demand of the smart automation solution, and increasing analytics governing facts.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global smart manufacturing market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global smart manufacturing market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.    

Section Analysis

By Technology Insights: The global smart manufacturing market by technology is segmented as Distributed Controller Systems (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Enterprise Resource and Planning (ERP), Supervisory Controller and Data Acquisition (SCADA), Human Machine Interface (HMI), Product Lifecycle Management (PLM) and Machine Vision. MES operates the enlargement in the global market owing to business data firms and multi-plant business need to be clustered advancement of real-time exploration. Because of plenty of cost-effective MES analysis for various process and individual industries, this demand is expected to increase.

By Component Emphasis: The global smart manufacturing market by component is categorised as Hardware, Software, Services and Communication. Industrial communications is assumed to hold the largest share of the smart manufacturing market for data processing. Industrial communication is an amalgam module of hardware, software and obligation that allows man-to-machine and machine-to-man communication across various business. Adequate, decent and secure industrial communications helps in developing practical capability and reducing global operational costs of system.

By Application Analysis: The global smart manufacturing market analysis is segmented as Automotive, Chemical, Petrochemical, Mining, Electronics, Healthcare, Food & Agriculture, and Industrial Equipment. The automotive is the largest revenue achieving segment by cause of increasing demand from global market.

Regional Analysis

Regionally, industry is segmented into North America - U.S, Canada, Other, Asia Pacific - India, Japan, China, South Korea, Japan, Australia, and Other, Europe - U.K., Germany, Netherlands, Lithuania, Austria, Belgium, Poland, Sweden, Spain, France and Other. Asia Pacific is expected to grow highest CAGR across worldwide during forecasted period. Asia Pacific drives the global economy market due to increased spending on improving performance, security, and economic stability. The region marks a growth in developmental of smart manufacturing technologies. China is one of the top manufacturing countries, owing to increased operational efficiency and production in the region. North America is expected to dominate the market in coming years. Europe is anticipated to increase their market growth in forecasted period. Middle East and Africa held the measurable growth in the global market in 2018 and will expand at the significant CAGR during the forecast years.  

Global Smart Manufacturing Market Size, Share Analysis By Region 2017

Global Smart Manufacturing Market Study Objective

To forecast the market size of smart manufacturing market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

Market analysis and forecast of smart manufacturing market on the basis of region, substrate and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

To analyze and elaborate significant factors that will have major impact on the growth of smart manufacturing market, such as drivers, restraints, challenges and opportunities.

Regional analysis of smart manufacturing market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

To provide detailed analysis of competitive and strategic developments in the smart manufacturing market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players

The major association playing the key roles in smart manufacturing market are Daifuku, Keyence, Yokogawa, 3D Systems, Honeywell, IBM, JBT, NVIDIA, Oracle, Rockwell, SAP, Schneider, Siemens, Emerson, Cisco, Congex, ABB, Stratasys, Universal Robots A/S, Samsung, Sony, Google, Intel, and PTC.

Global Smart Manufacturing Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.