Press release
Smart Manufacturing Market Size, Share, Scope, Trends, Industry statistics and Business Analysis by Emerson, Honeywell, Rockwell, ABB, Schneider, IBM etc.
Global smart manufacturing market size is expected to rise from USD 183 billion in 2020 to USD 350 billion by 2030, a CAGR of 6%. The 2020 forecast is down 15% compared with the pre-COVID-19 assessment.Factors influencing the growth of the smart manufacturing market involve the demand for COVID-19-propelled smart manufacturing products & solution, the importance of digital twin in sustaining activities within the manufacturing environment, and the evolving and expanding role of collaborative robots in the health and industrial sectors.
The Smart Manufacturing market has been changing all over the world with immense growth potential in terms of revenue generation and we have been seeing great growth in the Smart Manufacturing market and this growth are expected to be huge by 2030. The growth of the market is driven by key factors such as manufacturing activity in accordance with the current market situation and demand, risks of the market, acquisitions, new trends, assessment of the new technologies and their implementation.
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The study is relevant for manufacturers, suppliers, distributors, and investors in the Smart Manufacturing market. All stakeholders in the Smart Manufacturing market, as well as industry experts, researchers, journalists, and business researchers can influence the information and data represented in the report.
Smart Manufacturing Market 2020-2030: Segmentation
The Major market players:
• Ericsson (Sweden)
• Emerson (US)
• Honeywell (US)
• Rockwell (US)
• ABB (Switzerland)
• Schneider (France)
• IBM (US)
• General Electric (US)
• Siemens (Germany)
Breakup by Industry:
• Discreet
• Process
Breakup by Information Technology:
• Human-Machine Interface (HMI)
• Enterprise Manufacturing Intelligence (EMS)
• Plant Asset Management (PAM)
• Manufacturing Execution System (MES)
• Industrial Communication (IC)
• Warehouse Management System (WMS)
Regional Coverage of the Market:
• Europe
• Asia and Middle East
• North America
• Latin America
Asia Pacific market is estimated to grow at the fastest CAGR during the forecast period owing to presence of emerging countries such as China, Japan, and India.
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Global Smart Manufacturing Market Report Answers Below Queries:
• What is the market size in various countries throughout the world?
• What are the size, share and market growth opportunities for Smart Manufacturing Market?
• What will be the business development opportunities in the upcoming years?
• What are the current trends & competition in Smart Manufacturing Market?
• Which are the main key companies involved in Smart Manufacturing market & what are their strategies?
Key Questions Answered in this Report:
• To provide insights about factors affecting the market growth
• To analyze the Smart Manufacturing market based on Porter's five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries— North America, Europe, Asia, and the rest of the world
• To provide country-level analysis of the market with respect to the current market size and future perspective
• To provide country-level analysis of the market for segment on the basis of product, end users, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Smart Manufacturing market
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