Attractive Market Opportunities in Smart Manufacturing Market Grow at a significant rate Over Forecast Period 2018 – 2023: KUKA, ABB Ltd, Cisco Systems, Inc., IBM Security, The Raytheon Company, Stratasys

The smart manufacturing market is expected to expand at a compound annual growth rate (CAGR) of 15.75% during the 2018-2023 period. Need for data-driven decision making, intense cost competition, and streamlining of manufacturing processes for higher productivity are the key driving forces of this market.

Smart Manufacturing Market Top Competitors includes: KUKA, ABB Ltd, Cisco Systems, Inc., IBM Security, The Raytheon Company, Stratasys, Ltd., The Emerson Electric Co., Alpine Data Labs, SAP SE, Maersk.

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This report also studies the international Smart Manufacturing market competition environment, market driving components and trending aspects. Moreover, peaks the opportunities and provocations, menace and entry barriers. Sales channels, Smart Manufacturing suppliers/distributors, SWOT AND PESTEL analysis also integrated in the report.

Application segment insights:
Advancements in digital technologies such as machine learning, machine vision, and motion control, have led to the higher adoption of industrial automation in several sectors, with greater prominence in the automotive sector. The industrial automation segment occupied the largest market share (49%) globally, in 2017, followed by the Industrial Internet of Things (IIoT) (33%). A concerted effort by the industrial sectors and technology firms have resulted in innovative solutions to cater to IIoT. Smart factories have also shown steady growth, brought about by 3D printing and distributed manufacturing control systems.

End users segment insights:
The highest adoption of smart manufacturing is expected in the aerospace sector, which will expand at a CAGR of 25% during the forecasted period. This is fuelled by the increased production of advanced aircraft, such as the Boeing 787 and Airbus A350. Increased use of robots in industrial control mechanisms will drive the automotive and industrial equipment end users segment, at CAGRs of 15.6% and 11.2% respectively, during the 2018-2023 period. The chemicals and materials, food and agriculture, and healthcare sectors are also some of the promising areas for the implementation of smart manufacturing technologies.

Regional insights:
North America is leading the innovation in the smart manufacturing market, and occupied approximately 27% of the global market in 2017. Massive investments in smart manufacturing technologies, tax subsidies for manufacturers, and innovations in robotics have fuelled the growth of the smart manufacturing market in the region. Asia-Pacific, experiencing high industrialization, occupied a 25% share in 2017. The Latin America and the Middle East and Africa markets though, still at nascent stages, are experiencing decent growth.

Smart Manufacturing Report Includes Some of the following Ingredients:

– Summary of the Smart Manufacturing Market key players having a large count in terms of end-user requests, compelling elements, size, share, and sales.

– International tricks of Smart Manufacturing Market consisting industry growth and compelling factors, the technological development, Smart Manufacturing predicted extension opportunities, and ascending sectors.

– Other components like Smart Manufacturing Market price, supply/demand, profit/loss, and the extension factors are considerably reported in the Smart Manufacturing market report.

– Smart Manufacturing Market size, share growth factors study with respect to region-wise and country-wise segments are also included.

– Global Smart Manufacturing Market Trends, operators, prudence, Smart Manufacturing development opportunities, threats, risks, challenges, and guidance.

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Table of Contents
Chapter 1. Executive summary
Chapter 2. Industry 4.0: global smart manufacturing market - overview
Chapter 3. North America Industry 4.0: global smart manufacturing market
Chapter 4. Europe Industry 4.0: global smart manufacturing market
Chapter 5. Asia-Pacific Industry 4.0: global smart manufacturing market
6.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 7. The Middle East and Africa Industry 4.0: global smart manufacturing market
Chapter 8. Competitive landscape
8.1. KUKA
8.1.a. Company snapshot
8.1.b. Product offerings
8.1.c. Company initiatives
8.1.e. Geographical presence
8.1.f. Key people
Note: Similar information areas will be covered for the remaining competitors
Chapter 9 Conclusion

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