Global Smart Manufacturing Market Size, Status and Forecast 2020-2026

Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
The growing emphasis on increasing production efficiency and gaining visibility across the entire value chain are the two major factors driving market growth. In addition, the availability of advanced technologies such as 3D printing, Manufacturing Execution Systems (MES), and plant asset management solutions to small and medium enterprises is further accelerating the industry growth.
Market Analysis and Insights: Global Smart Manufacturing Market
In 2019, the global Smart Manufacturing market size was US$ 190.1 million and it is expected to reach US$ 370.7 million by the end of 2026, with a CAGR of 9.9% during 2021-2026.
Global Smart Manufacturing Scope and Market Size
Smart Manufacturing market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Smart Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Smart Manufacturing market is segmented into Manufacturing IT, Automation Control System, Instrumentation & Field Devices, etc.
Segment by Application, the Smart Manufacturing market is segmented into Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Industrial Equipment, Electronics, Oil & Gas, Others, etc.
Regional and Country-level Analysis
The Smart Manufacturing market is analysed and market size information is provided by regions (countries).
The key regions covered in the Smart Manufacturing market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Smart Manufacturing Market Share Analysis
Smart Manufacturing market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Smart Manufacturing business, the date to enter into the Smart Manufacturing market, Smart Manufacturing product introduction, recent developments, etc.
The major vendors include GE, ABB, Siemens, SAP, Schneider, Emerson, Oracle, IBM, Honeywell, Cisco, Rockwell, Yokogawa, Fanuc, NVIDIA, Keyence, Cognex, Stratatys, 3D Systems, Daifuku, etc.

This report focuses on the global Smart Manufacturing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Manufacturing development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study


GE
ABB
Siemens
SAP
Schneider
Emerson
Oracle
IBM
Honeywell
Cisco
Rockwell
Yokogawa
Fanuc
NVIDIA
Keyence
Cognex
Stratatys
3D Systems
Daifuku

Market segment by Type, the product can be split into


Manufacturing IT
Automation Control System
Instrumentation & Field Devices

Market segment by Application, split into


Automotive
Aerospace & Defense
Chemicals & Materials
Healthcare
Industrial Equipment
Electronics
Oil & Gas
Others

Market segment by Regions/Countries, this report covers


North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:


To analyze global Smart Manufacturing status, future forecast, growth opportunity, key market and key players.
To present the Smart Manufacturing development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Smart Manufacturing are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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