Market Overview:
The global cloud manufacturing market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based manufacturing solutions from various end-user industries, such as aerospace and defense, healthcare, semiconductor electronics, automotive, metal and machinery manufacturing, and others. In addition, the growing trend of Industry 4.0 is also contributing significantly to the growth of the global cloud manufacturing market.
Product Definition:
Cloud Manufacturing is the term used to describe the latest manufacturing trend where companies are turning to cloud-based solutions for their production needs. The cloud offers a host of benefits that traditional on-premise manufacturing models cannot match, including scalability, flexibility and cost savings. Cloud Manufacturing is important because it allows businesses to produce products more quickly and efficiently while reducing costs.
Hardware:
Hardware is the physical devices and tools which are used to create, modify or destroy digital information. Hardware is an integral part of Cloud Manufacturing (CM) as it helps in creating virtual machines and provides flexibility to design, develop, test & manufacture products virtually. CM also uses software such as; CAD/CAM software & other simulation tools along with hardware for product development process.
Software:
Software is the set of instructions, rules, or methodologies that help to get desired result. In cloud manufacturing market software means all those tools and applications which are used for designing and building virtual machines, operating systems along with other components. It helps in reducing time to market as well as helps in delivering better quality products at lower costs within shorter delivery cycles.
Application Insights:
The aerospace and defense application segment led the market in 2017. The growth of this segment can be attributed to increasing demand for commercial aircraft, military aircraft, and defense equipment from emerging economies such as China, India, Brazil etc. In addition, favorable government policies related to R&D activities are also expected to drive the industry growth over the forecast period.
Healthcare is another prominent application sector of this market owing to increasing investments by governments across the world in order to improve healthcare infrastructure and services along with technological advancements that have revolutionized healthcare delivery systems such as e-prescribing & e-learning among others. Technological advancements further enable cloud manufacturing in verticals like medical devices & pharmaceuticals which further drives its adoption across various applications sectors including food & beverage processing among others.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing investments in R&D by various organizations, growing adoption of cloud-based technologies across several industries, and rising demand for on-demand production services. Moreover, presence of a large number of manufacturers with advanced technology has led to increased competition among service providers resulting in lower prices for end users.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing high growth potential across numerous industry verticals such as manufacturing & automation, IT & telecom, BFSI etc., especially in China and India. Growing awareness regarding cloud computing among small & medium enterprises will drive regional market growth over the forecast period.
Growth Factors:
- Increased demand for customized products and shorter lead times: The Cloud Manufacturing market is driven by the need for customized products and shorter lead times. This is because the traditional manufacturing process is not able to meet the growing demand for customized products.
- Increased use of 3D printing: 3D printing technology helps in producing customized products quickly and efficiently. This is driving the growth of Cloud Manufacturing market.
- Growing popularity of Industry 4.0: Industry 4.0 refers to the fourth industrial revolution, which is characterized by increased use of automation, data exchange, and collaboration between machines and humans. This is helping in improving efficiency and quality in manufacturing process, thereby driving the growth of Cloud Manufacturing market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Manufacturing Market Research Report
By Type
Hardware, Software, Services
By Application
Aerospace and Defense, Healthcare, Semiconductor Electronics, Automotive, Metal & Machinery Manufacturing, Others
By Companies
Oracle Corporation, Microsoft Corporation, Salesforce.com, Inc., Cisco Systems, Inc., Amazon Web Services, Inc., VMware, Inc., Google LLC, Hewlett Packard Enterprise Company, Citrix Systems, Inc., Plex Systems Inc., Jelastic, Inc., Rootstock Software, DXC Technology Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Cloud Manufacturing Market Report Segments:
The global Cloud Manufacturing market is segmented on the basis of:
Types
Hardware, Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace and Defense, Healthcare, Semiconductor Electronics, Automotive, Metal & Machinery Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Oracle Corporation
- Microsoft Corporation
- Salesforce.com, Inc.
- Cisco Systems, Inc.
- Amazon Web Services, Inc.
- VMware, Inc.
- Google LLC
- Hewlett Packard Enterprise Company
- Citrix Systems, Inc.
- Plex Systems Inc.
- Jelastic, Inc.
- Rootstock Software
- DXC Technology Company
Highlights of The Cloud Manufacturing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Services
- By Application:
- Aerospace and Defense
- Healthcare
- Semiconductor Electronics
- Automotive
- Metal & Machinery Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cloud Manufacturing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cloud Manufacturing is a process of automating the manufacturing process through the use of cloud-based technologies. This allows manufacturers to outsource certain tasks, such as product design and development, order fulfillment, and quality control. Cloud Manufacturing also allows manufacturers to share resources across multiple factories in order to reduce costs and improve efficiency.
Some of the key players operating in the cloud manufacturing market are Oracle Corporation, Microsoft Corporation, Salesforce.com, Inc., Cisco Systems, Inc., Amazon Web Services, Inc., VMware, Inc., Google LLC, Hewlett Packard Enterprise Company, Citrix Systems, Inc., Plex Systems Inc., Jelastic, Inc., Rootstock Software, DXC Technology Company.
The cloud manufacturing market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cloud Manufacturing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cloud Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cloud Manufacturing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cloud Manufacturing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cloud Manufacturing Market Size & Forecast, 2018-2028
4.5.1 Cloud Manufacturing Market Size and Y-o-Y Growth
4.5.2 Cloud Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Cloud Manufacturing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cloud Manufacturing Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cloud Manufacturing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cloud Manufacturing Market Size Forecast by Applications
6.2.1 Aerospace and Defense
6.2.2 Healthcare
6.2.3 Semiconductor Electronics
6.2.4 Automotive
6.2.5 Metal & Machinery Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cloud Manufacturing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cloud Manufacturing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cloud Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Cloud Manufacturing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cloud Manufacturing Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cloud Manufacturing Market Size Forecast by Applications
9.10.1 Aerospace and Defense
9.10.2 Healthcare
9.10.3 Semiconductor Electronics
9.10.4 Automotive
9.10.5 Metal & Machinery Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cloud Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Cloud Manufacturing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cloud Manufacturing Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cloud Manufacturing Market Size Forecast by Applications
10.10.1 Aerospace and Defense
10.10.2 Healthcare
10.10.3 Semiconductor Electronics
10.10.4 Automotive
10.10.5 Metal & Machinery Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cloud Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cloud Manufacturing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cloud Manufacturing Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cloud Manufacturing Market Size Forecast by Applications
11.10.1 Aerospace and Defense
11.10.2 Healthcare
11.10.3 Semiconductor Electronics
11.10.4 Automotive
11.10.5 Metal & Machinery Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cloud Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Cloud Manufacturing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cloud Manufacturing Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cloud Manufacturing Market Size Forecast by Applications
12.10.1 Aerospace and Defense
12.10.2 Healthcare
12.10.3 Semiconductor Electronics
12.10.4 Automotive
12.10.5 Metal & Machinery Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cloud Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cloud Manufacturing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cloud Manufacturing Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cloud Manufacturing Market Size Forecast by Applications
13.10.1 Aerospace and Defense
13.10.2 Healthcare
13.10.3 Semiconductor Electronics
13.10.4 Automotive
13.10.5 Metal & Machinery Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cloud Manufacturing Market: Competitive Dashboard
14.2 Global Cloud Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Oracle Corporation
14.3.2 Microsoft Corporation
14.3.3 Salesforce.com, Inc.
14.3.4 Cisco Systems, Inc.
14.3.5 Amazon Web Services, Inc.
14.3.6 VMware, Inc.
14.3.7 Google LLC
14.3.8 Hewlett Packard Enterprise Company
14.3.9 Citrix Systems, Inc.
14.3.10 Plex Systems Inc.
14.3.11 Jelastic, Inc.
14.3.12 Rootstock Software
14.3.13 DXC Technology Company
