ICT

Smart Manufacturing Market is set to record 11.9% CAGR by 2027

Smart Manufacturing Market size is expected to grow Usd 489.66 bn by 2027 at a CAGR of 11.9% over the forecast period 2020 – 2027.

A new study on the global Smart Manufacturing market has been published by Precedence Research. It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global Smart Manufacturing market. The study offers valuable information about the global Smart Manufacturing market to illustrate how the market would grow during the forecast period 2020-2027. The report provides the value and volume of the global Smart Manufacturing market for the period 2020–2027, considering 2019 as the base year and 2027 as the forecast year. The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global Smart Manufacturing market during the forecast period.

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An extensive analysis on business strategies of leading market players is also featured in study on the global Smart Manufacturing market. This can help readers understand principal factors to foresee growth in the global Smart Manufacturing market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global market, which is expected to guide market players in making apt decisions in the future.

The report also delves into the competition landscape of the global Smart Manufacturing market. Key players operating in the global market have been identified, and each one of these has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players profiled in the global market report.

Key Players

  • Emerson Electric Co.
  • ABB Ltd.
  • Fanuc Corporation
  • Honeywell International, Inc.
  • General Electric Co.
  • Mitsubishi Electric Corporation
  • Rockwell Automation, Inc.
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Yokogawa Electric Corporation
  • Siemens AG

Key Questions Answered in Smart Manufacturing Market Study

– What are the key factors influencing the Smart Manufacturing market in each region?

– What will be the CAGR of the global Smart Manufacturing market between 2016 and 2027?

– What is the future scope and changing trends in technologies in the global Smart Manufacturing market?

– Which factors will impede the growth of the global Smart Manufacturing market during the forecast period?

– Which are the leading companies in the global Smart Manufacturing market?

– Which region is set to expand at the fastest CAGR during the forecast period?

– What is the volume (Units) of different Smart Manufacturing across all regions during the forecast period?

– Which segment will have the highest revenue globally in 2027 and which segment will expand at the fastest CAGR during the forecast period?

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Research Methodology

A unique research methodology has been utilized by precedence research to conduct a comprehensive research on the growth of the global Smart Manufacturing market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global Smart Manufacturing market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from Smart Manufacturing industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making precedence research estimates on the future prospects of the global market more reliable and accurate.

Segmentation

By Technology

  • Programmable Logic Controller
  • Machine Execution Systems
  • Enterprise Resource Planning
  • Discrete Control Systems
  • SCADA
  • Human Machine Interface
  • 3D Printing
  • Machine Vision
  • Plant Asset Management
  • Product Lifecycle Management

By Component

  • Software
  • Hardware
  • Services

By End-Use

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

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Smart Manufacturing Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Smart Manufacturing Market

5.1. Covid-19: Smart Manufacturing Industry Impact
5.2. Smart Manufacturing Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Smart Manufacturing Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Smart Manufacturing Vendors to deal with Covid-19 Pandemic Scenario

Chapter 6. Smart Manufacturing Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Penetration of Internet of Things (IoT)
6.1.1.2. Rising Demand for Automation
6.1.2. Market Restraints
6.1.2.1. Rising Concern for Security
6.1.3. Market Opportunities
6.1.3.1. Government Support & Initiatives for Digitization in Industrial Sector
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition

Chapter 7. Global Smart Manufacturing Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Smart Manufacturing Market Revenue by Vendor (2015-2020)
7.1.1.2. Smart Manufacturing Market Revenue Market Share by Vendor (2015-2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Regional Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers

Chapter 8. Global Smart Manufacturing Market, By Technology

8.1. Smart Manufacturing Market, by Technology, 2016-2027
8.1.1. Programmable Logic Controller
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Machine Execution Systems
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Enterprise Resource Planning
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Discrete Control Systems
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. SCADA
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Human Machine Interface
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. 3D Printing
8.1.7.1. Market Revenue and Forecast (2016-2027)
8.1.8. Machine Vision
8.1.8.1. Market Revenue and Forecast (2016-2027)
8.1.9. Plant Asset Management
8.1.9.1. Market Revenue and Forecast (2016-2027)
8.1.10. Product Lifecycle Management
8.1.10.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Smart Manufacturing Market, By Component

9.1. Smart Manufacturing Market, by Component, 2016-2027
9.1.1. Software
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Hardware
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Services
9.1.3.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Smart Manufacturing Market, By End-use

10.1. Smart Manufacturing Market, by End-use, 2016-2027
10.1.1. Aerospace & Defense
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Automotive
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Chemicals & Materials
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Industrial Equipment
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Healthcare
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. Electronics
10.1.6.1. Market Revenue and Forecast (2016-2027)
10.1.7. Oil & Gas
10.1.7.1. Market Revenue and Forecast (2016-2027)
10.1.8. Food & Agriculture
10.1.8.1. Market Revenue and Forecast (2016-2027)
10.1.9. Others
10.1.9.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Smart Manufacturing Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Technology (2016-2027)
11.1.2. Market Revenue Forecast by Component (2016-2027)
11.1.3. Market Revenue Forecast by End-use (2016-2027)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2016-2027)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2016-2027)
11.2. Europe
11.2.1. Market Revenue Forecast by Technology (2016-2027)
11.2.2. Market Revenue Forecast by Component (2016-2027)
11.2.3. Market Revenue Forecast by End-use (2016-2027)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2016-2027)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2016-2027)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2016-2027)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2016-2027)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Technology (2016-2027)
11.3.2. Market Revenue Forecast by Component (2016-2027)
11.3.3. Market Revenue Forecast by End-use (2016-2027)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2016-2027)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2016-2027)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2016-2027)
11.4. LATAM
11.4.1. Market Revenue Forecast by Technology (2016-2027)
11.4.2. Market Revenue Forecast by Component (2016-2027)
11.4.3. Market Revenue Forecast by End-use (2016-2027)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2016-2027)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2016-2027)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Technology (2016-2027)
11.5.2. Market Revenue Forecast by Component (2016-2027)
11.5.3. Market Revenue Forecast by End-use (2016-2027)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2016-2027)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2016-2027)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2016-2027)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2016-2027)

Chapter 12. Company Profiles

12.1. Emerson Electric Co.
12.1.1. Company Overview, Business Information, Geographical Reach
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price and Gross Margin (2015-2020)
12.1.4. Recent Developments and Strategies
12.2. ABB Ltd.
12.2.1. Company Overview, Business Information, Geographical Reach
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price and Gross Margin (2015-2020)
12.2.4. Recent Developments and Strategies
12.3. Fanuc Corporation
12.3.1. Company Overview, Business Information, Geographical Reach
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price and Gross Margin (2015-2020)
12.3.4. Recent Developments and Strategies
12.4. Honeywell International, Inc.
12.4.1. Company Overview, Business Information, Geographical Reach
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price and Gross Margin (2015-2020)
12.4.4. Recent Developments and Strategies
12.5. General Electric Co.
12.5.1. Company Overview, Business Information, Geographical Reach
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price and Gross Margin (2015-2020)
12.5.4. Recent Developments and Strategies
12.6. Mitsubishi Electric Corporation
12.6.1. Company Overview, Business Information, Geographical Reach
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price and Gross Margin (2015-2020)
12.6.4. Recent Developments and Strategies
12.7. Rockwell Automation, Inc.
12.7.1. Company Overview, Business Information, Geographical Reach
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price and Gross Margin (2015-2020)
12.7.4. Recent Developments and Strategies
12.8. Robert Bosch GmbH
12.8.1. Company Overview, Business Information, Geographical Reach
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price and Gross Margin (2015-2020)
12.8.4. Recent Developments and Strategies
12.9. Schneider Electric SE
12.9.1. Company Overview, Business Information, Geographical Reach
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price and Gross Margin (2015-2020)
12.9.4. Recent Developments and Strategies
12.10. Yokogawa Electric Corporation
12.10.1. Company Overview, Business Information, Geographical Reach
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price and Gross Margin (2015-2020)
12.10.4. Recent Developments and Strategies
12.11. Siemens AG
12.11.1. Company Overview, Business Information, Geographical Reach
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Application
12.11.3. Revenue, Price and Gross Margin (2015-2020)
12.11.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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