The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research.
Stakeholders, marketing executives and business owners planning to refer a Smart Manufacturing market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.
Apart from this, the valuable document weighs upon the performance of the industry on the basis of a product service, end-use, geography and end customer.
The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Smart Manufacturing industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Smart Manufacturing industry.
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The report on the Smart Manufacturing market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Smart Manufacturing market for the forecast period from 2020 to 2027.
The automotive industry segment held the largest market share of Smart Manufacturing in 2019. Increasing implementation of advanced technologies such as Industrial 3D printing in order to reduce the overall manufacturing cost is expected to drive the growth of the market.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising investments of the manufacturing companies on the implementation of advanced technologies in the manufacturing process to increase operational efficiency and production.
Key participants include IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, and Cisco, among others.
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Emergen Research has segmented the global Smart Manufacturing Market on the basis of Information Technology, Enabling Technology, Industry, and region:
Information Technology Outlook (Revenue, USD Billion; 2017-2027)
Manufacturing Execution System
Warehouse Management System
Plant Asset Management
Enterprise Manufacturing Intelligence
Product lifecycle Management
Enabling Technology Outlook (Revenue, USD Billion; 2017-2027)
Industrial 3D printing
Industrial Internet of Things (IIoT)
Artificial Intelligence (AI) in manufacturing
Blockchain in manufacturing
Augmented Reality and Virtual Reality in manufacturing
Industry Outlook (Revenue, USD Billion; 2017-2027)
Energy & Power
Aerospace & Defense
Food & Beverage
Semiconductor & electronics
Oil & Gas
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The study on the Smart Manufacturing market applies research methodologies including the investigation and interview techniques to weigh up on the product price, revenue, import and export status and prouction capability of the manufacturers operating in the Smart Manufacturing market for the forecast period, 2020 – 2027. The market intelligence report focuses primarily on the market size, share and growth rate of the industry during the estimated period with the aim to help business owners make a wise investment decision and chalk out a blueprint of profitable business strategies
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Manufacturing Market Segmentation & Impact Analysis
4.1. Smart Manufacturing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
188.8.131.52. Stringent environmental regulations
184.108.40.206. Rising need to reduce bacterial or algal contamination in water systems
220.127.116.11. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
18.104.22.168. Fluctuating prices of raw material
22.214.171.124. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Manufacturing Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Smart Manufacturing Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Smart Manufacturing Market Regional Outlook
Chapter 8. Competitive Landscape