The global smart manufacturing technology market is expected to grow at a CAGR of 12.5% during the forecast period, from USD 3.2 billion in 2018 to USD 8.6 billion by 2030. The manufacturing IT (MES, ERP, PLM, APC, EAM) segment is expected to witness the highest growth over the forecast period. The automotive application is expected to account for the largest share of the global market in 2018 and it is projected that this segment will continue its dominance throughout the forecast period as well. North America accounted for a major share of revenue in 2017 and it is projected that this region will continue its dominance throughout Europe and Asia Pacific are also witnessing significant growth rates due to their increasing adoption of smart manufacturing technologies across various industries such as automotive, aerospace & defense, healthcare and industrial equipment among others.
Some Of The Growth Factors Of This Market:
- The Smart Manufacturing Technology market is driven by the need for increased efficiency and productivity in manufacturing processes.
- The Smart Manufacturing Technology market is driven by the need for increased safety and security in manufacturing processes.
- The Smart Manufacturing Technology market is driven by the need for reduced environmental impact in manufacturing processes.
- The Smart Manufacturing Technology market is driven by the need to reduce costs.
Industry Growth Insights published a new data on “Smart Manufacturing Technology Market”. The research report is titled “Smart Manufacturing Technology Market research by Types (Manufacturing IT, Automation Control System, Instrumentation & Field Devices, The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period., Smart Manufacturing Technolog), By Applications (Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Industrial Equipment, Electronics, Oil & Gas, Others, The automotive application is expected to account for the largest share of the global market in 2018.), By Players/Companies GE, ABB, Siemens, SAP, Schneider, Emerson, Oracle, IBM, Honeywell, Cisco, Rockwell, Yokogawa, Fanuc, NVIDIA, Keyence, Cognex, Stratatys, 3D Systems, Daifuku, Smart Manufacturing Technolog”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Manufacturing Technology Market Research Report
By Type
Manufacturing IT, Automation Control System, Instrumentation & Field Devices, The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period., Smart Manufacturing Technolog
By Application
Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Industrial Equipment, Electronics, Oil & Gas, Others, The automotive application is expected to account for the largest share of the global market in 2018.
By Companies
GE, ABB, Siemens, SAP, Schneider, Emerson, Oracle, IBM, Honeywell, Cisco, Rockwell, Yokogawa, Fanuc, NVIDIA, Keyence, Cognex, Stratatys, 3D Systems, Daifuku, Smart Manufacturing Technolog
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Smart Manufacturing Technology Market Report Segments:
The global Smart Manufacturing Technology market is segmented on the basis of:
Types
Manufacturing IT, Automation Control System, Instrumentation & Field Devices, The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period., Smart Manufacturing Technolog
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
Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Industrial Equipment, Electronics, Oil & Gas, Others, The automotive application is expected to account for the largest share of the global market in 2018.
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:
- GE
- ABB
- Siemens
- SAP
- Schneider
- Emerson
- Oracle
- IBM
- Honeywell
- Cisco
- Rockwell
- Yokogawa
- Fanuc
- NVIDIA
- Keyence
- Cognex
- Stratatys
- 3D Systems
- Daifuku
- Smart Manufacturing Technolog
Highlights of The Smart Manufacturing Technology 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:
- Manufacturing IT
- Automation Control System
- Instrumentation & Field Devices
- The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
- Smart Manufacturing Technolog
- By Application:
- Automotive
- Aerospace & Defense
- Chemicals & Materials
- Healthcare
- Industrial Equipment
- Electronics
- Oil & Gas
- Others
- The automotive application is expected to account for the largest share of the global market in 2018.
- 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 Smart Manufacturing Technology 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.
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- Correctly Positioning New Products
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- Product & Brand Management
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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?
Smart Manufacturing Technology is a term used to describe the use of technology in manufacturing processes to improve efficiency and quality. It can encompass everything from advanced robotics and automation systems, to data analytics and machine learning tools. By automating tasks and improving communication between machines and humans, smart manufacturing technology can help businesses achieve their goals faster, with greater accuracy and consistency.
Some of the major players in the smart manufacturing technology market are GE, ABB, Siemens, SAP, Schneider, Emerson, Oracle, IBM, Honeywell, Cisco, Rockwell, Yokogawa, Fanuc, NVIDIA, Keyence, Cognex, Stratatys, 3D Systems, Daifuku, Smart Manufacturing Technolog.
The smart manufacturing technology market is expected to grow at a compound annual growth rate of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Manufacturing Technology Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Manufacturing Technology Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Manufacturing Technology Market - Supply Chain
4.5. Global Smart Manufacturing Technology Market Forecast
4.5.1. Smart Manufacturing Technology Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Manufacturing Technology Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Manufacturing Technology Market Absolute $ Opportunity
5. Global Smart Manufacturing Technology Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Manufacturing Technology Market Size and Volume Forecast by Type
5.3.1. Manufacturing IT
5.3.2. Automation Control System
5.3.3. Instrumentation & Field Devices
5.3.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
5.3.5. Smart Manufacturing Technolog
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Manufacturing Technology Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Manufacturing Technology Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace & Defense
6.3.3. Chemicals & Materials
6.3.4. Healthcare
6.3.5. Industrial Equipment
6.3.6. Electronics
6.3.7. Oil & Gas
6.3.8. Others
6.3.9. The automotive application is expected to account for the largest share of the global market in 2018.
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Manufacturing Technology Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Manufacturing Technology Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Manufacturing Technology Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Manufacturing Technology Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Manufacturing Technology Demand Share Forecast, 2019-2026
9. North America Smart Manufacturing Technology Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Manufacturing Technology Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Manufacturing Technology Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace & Defense
9.4.3. Chemicals & Materials
9.4.4. Healthcare
9.4.5. Industrial Equipment
9.4.6. Electronics
9.4.7. Oil & Gas
9.4.8. Others
9.4.9. The automotive application is expected to account for the largest share of the global market in 2018.
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Manufacturing Technology Market Size and Volume Forecast by Type
9.7.1. Manufacturing IT
9.7.2. Automation Control System
9.7.3. Instrumentation & Field Devices
9.7.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
9.7.5. Smart Manufacturing Technolog
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Manufacturing Technology Demand Share Forecast, 2019-2026
10. Latin America Smart Manufacturing Technology Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Manufacturing Technology Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Manufacturing Technology Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace & Defense
10.4.3. Chemicals & Materials
10.4.4. Healthcare
10.4.5. Industrial Equipment
10.4.6. Electronics
10.4.7. Oil & Gas
10.4.8. Others
10.4.9. The automotive application is expected to account for the largest share of the global market in 2018.
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Manufacturing Technology Market Size and Volume Forecast by Type
10.7.1. Manufacturing IT
10.7.2. Automation Control System
10.7.3. Instrumentation & Field Devices
10.7.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
10.7.5. Smart Manufacturing Technolog
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Manufacturing Technology Demand Share Forecast, 2019-2026
11. Europe Smart Manufacturing Technology Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Manufacturing Technology Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Manufacturing Technology Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace & Defense
11.4.3. Chemicals & Materials
11.4.4. Healthcare
11.4.5. Industrial Equipment
11.4.6. Electronics
11.4.7. Oil & Gas
11.4.8. Others
11.4.9. The automotive application is expected to account for the largest share of the global mrket in 2018.
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Manufacturing Technology Market Size and Volume Forecast by Type
11.7.1. Manufacturing IT
11.7.2. Automation Control System
11.7.3. Instrumentation & Field Devices
11.7.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
11.7.5. Smart Manufacturing Technolog
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Manufacturing Technology Demand Share, 2019-2026
12. Asia Pacific Smart Manufacturing Technology Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Manufacturing Technology Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Manufacturing Technology Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace & Defense
12.4.3. Chemicals & Materials
12.4.4. Healthcare
12.4.5. Industrial Equipment
12.4.6. Electronics
12.4.7. Oil & Gas
12.4.8. Others
12.4.9. The automotive application is expected to account for the largest share of the global market in 2018.
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Manufacturing Technology Market Size and Volume Forecast by Type
12.7.1. Manufacturing IT
12.7.2. Automation Control System
12.7.3. Instrumentation & Field Devices
12.7.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
12.7.5. Smart Manufacturing Technolog
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Manufacturing Technology Demand Share, 2019-2026
13. Middle East & Africa Smart Manufacturing Technology Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Manufacturing Technology Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Manufacturing Technology Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace & Defense
13.4.3. Chemicals & Materials
13.4.4. Healthcare
13.4.5. Industrial Equipment
13.4.6. Electronics
13.4.7. Oil & Gas
13.4.8. Others
13.4.9. The automotive application is expected to account for the largest share of the global market in 2018.
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Manufacturing Technology Market Size and Volume Forecast by Type
13.7.1. Manufacturing IT
13.7.2. Automation Control System
13.7.3. Instrumentation & Field Devices
13.7.4. The manufacturing IT (MES, ERP, PLM, APC, EAM, etc.) segment is expected to witness the highest growth over the forecast period.
13.7.5. Smart Manufacturing Technolog
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Manufacturing Technology Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Manufacturing Technology Market: Market Share Analysis
14.2. Smart Manufacturing Technology Distributors and Customers
14.3. Smart Manufacturing Technology Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SAP
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schneider
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Emerson
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oracle
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IBM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Honeywell
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cisco
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rockwell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yokogawa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13
