Business
The Smart Manufacturing Industry: Current Status and Future Prospects
The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of digital technologies across all major industries, including food & beverage, petrochemicals, automotive, aerospace & defense, and energy & power. The rising need to eliminate human & machine errors, enhanced asset efficiency and production quality has increased the adoption of digitized supply chain management solutions.
The Global Smart Manufacturing Market report serves as an accurate database providing the precise market estimations based on a detailed industry analysis. The highly professional report is targeted at readers and businesses interested in this sphere. Our team of analysts has employed primary and secondary research methodologies to determine the estimated market share over the projected timeframe, as well as to analyze the major market segments, including regional bifurcation.
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Competitive Outlook: The leading companies operating in the Smart Manufacturing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Smart Manufacturing Market and Profiled in the Report are:
IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, Cisco
Objectives of the Report:
Study of the global Smart Manufacturing market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Smart Manufacturing market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Smart Manufacturing market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Manufacturing market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
- Information Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Manufacturing Execution System
- Human-Machine Interface
- Warehouse Management System
- Plant Asset Management
- Industrial Communication
- Enterprise Manufacturing Intelligence
- Product lifecycle Management
- Others
- Enabling Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Industrial Robotics
- Machine Vision
- Industrial 3D printing
- Industrial Internet of Things (IIoT)
- Artificial Intelligence (AI) in manufacturing
- Blockchain in manufacturing
- Augmented Reality and Virtual Reality in manufacturing
- Others
- Industry Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)
- Energy & Power
- Aerospace & Defense
- Pharmaceuticals
- Automotive
- Food & Beverage
- Semiconductor & electronics
- Oil & Gas
- Chemicals
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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