Global Smart Manufacturing Market was valued at USD 170.58 billion in 2018 which is expected to reach USD 419.23 billion by 2030 at a CAGR 11.85%.
Smart manufacturing is type of manufacturing method which is aims at optimizing concept, transaction process and product manufacturing. It involves the use of automation machinery and the goal is achieved through this process. Smart manufacturing methods utilize the big data analytics to refine complicated processes and manage supply chains.
Increase in adoption of Industry 4.0 and emphasis on industrial automation in manufacturing processes are the driving factors which are expected to drive the global smart manufacturing market growth. Furthermore, increase in government initiatives will have the positive impact on global smart manufacturing market growth during this forecast period. Moreover, adoption of automated machinery in a number of manufacturing industries is expected to propel the global smart manufacturing market growth. Also, high adoption of IoT and cloud platforms, rapid industrial growth, and rise in complexities in supply chains are the market boosting factors which are expected to fuel the global smart manufacturing market growth.
However, high investments and costs required for smart manufacturing is the challenging factor for market growth which is expected to hamper the global smart manufacturing market. Also, lack of standardization among equipment manufacturers and in connectivity protocols will affect the global smart manufacturing market growth.
Global Smart Manufacturing Market is segmented into component such as Software, Hardware, and Services, by technology such as Plant asset Management, Product Lifecycle management, 3D printing, Machine Vision, Human Machine Interface, Discrete Control Systems, Enterprise Resource Planning and Others. Further, Global Smart Manufacturing Market is segmented into end use such as Oil & Gas, Food & Agriculture, Electronics, Industrial Equipment, Healthcare, Chemicals & Materials, Automotive, and Others.
Also, Global Smart Manufacturing Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as SAP, ORACLE, SIEMENS, SCHNEIDER, ROCKWELL, MITSUBISHI CORPORATION, IBM, HONEYWELL, GE, and CISCO.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Smart Manufacturing Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Smart Manufacturing Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Smart Manufacturing Market Share Analysis, By Component
5.3 Global Smart Manufacturing Market Size and Forecast, By Component
5.3.1 Hardware
5.3.2 Software
5.3.3 Services
6 Global Smart Manufacturing Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Smart Manufacturing Market Share Analysis, By Technology
6.3 Global Smart Manufacturing Market Size and Forecast, By Technology
6.3.1 Plant Asset Management
6.3.2 Product Lifecycle management
6.3.3 3D Printing
6.3.4 Machine Vision
6.3.5 Human Machine Interface
6.3.6 Discrete Control Systems
6.3.7 Enterprise Resource Planning
6.3.8 Others
7 Global Smart Manufacturing Market, By End Use
7.1 Y-o-Y Growth Comparison, By End Use
7.2 Global Smart Manufacturing Market Share Analysis, By End Use
7.3 Global Smart Manufacturing Market Size and Forecast, By End Use
7.3.1 Oil & Gas
7.3.2 Food & Agriculture
7.3.3 Electronics
7.3.4 Industrial Equipment
7.3.5 Healthcare
7.3.6 Chemicals & Materials
7.3.7 Automotive
7.3.8 Others
8 Global Smart Manufacturing Market, By Region
8.1 Global Smart Manufacturing Market Share Analysis, By Region
8.2 Global Smart Manufacturing Market Share Analysis, By Region
8.3 Global Smart Manufacturing Market Size and Forecast, By Region
9 North America Smart Manufacturing Market Analysis and Forecast (2017 – 2030)
9.1 Introduction
9.2 North America Smart Manufacturing Market Share Analysis, By Component
9.3 North America Smart Manufacturing Market Size and Forecast, By Technology
9.4 North America Smart Manufacturing Market Size and Forecast, By End Use
9.5 North America Smart Manufacturing Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Smart Manufacturing Market Analysis and Forecast (2017 – 2030)
10.1 Introduction
10.2 Europe Smart Manufacturing Market Share Analysis, By Component
10.3 Europe Smart Manufacturing Market Size and Forecast, By Technology
10.4 Europe Smart Manufacturing Market Size and Forecast, By End Use
10.5 Europe Smart Manufacturing Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Smart Manufacturing Market Analysis and Forecast (2017 – 2030)
11.1 Introduction
11.2 Asia Pacific Smart Manufacturing Market Share Analysis, By Component
11.3 Asia Pacific Smart Manufacturing Market Size and Forecast, By Technology
11.4 Asia Pacific Smart Manufacturing Market Size and Forecast, By End Use
11.5 Asia Pacific Smart Manufacturing Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Smart Manufacturing Market Analysis and Forecast (2017 – 2030)
12.1 Introduction
12.2 Latin America Smart Manufacturing Market Share Analysis, By Component
12.3 Latin America Smart Manufacturing Market Size and Forecast, By Technology
12.4 Latin America Smart Manufacturing Market Size and Forecast, By End Use
12.5 Latin America Smart Manufacturing Market Size and Forecast, Country
13 Middle East Smart Manufacturing Market Analysis and Forecast (2017 – 2030)
13.1 Introduction
13.2 Middle East Smart Manufacturing Market Share Analysis, By Component
13.3 Middle East Smart Manufacturing Market Size and Forecast, By Technology
13.4 Middle East Smart Manufacturing Market Size and Forecast, By End Use
13.5 Middle East Smart Manufacturing Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 SAP
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Oracle
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 SIEMENS
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 SCHNEIDER
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 ROCKWELL
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 MITSUBISHI CORPORATION
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 IBM
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 HONEYWELL
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 GE
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 CISCO
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
