Press release
Asia-Pacific Smart Manufacturing Market: Size & Trends Shows a Rapid Growth by 2026
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Moreover, China is considered as an electronics innovation hub and has a huge expertise in the production of electronics, including the computer hardware and smart sensors. Therefore, with the presence of such a large number of local manufacturers of the electronic components used in the deployment of smart manufacturing technologies, the installation rate is high in the country. There are various start-ups in China that are engaged in the manufacturing of IoT and AI devices, creating prototypes and marketing the products at a low-cost. Therefore, the market for smart manufacturing industry in Asia-Pacific is primarily driven by China, followed by Japan and India.
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Asia-Pacific Smart Manufacturing Market – Segmentation
By Component
• Hardware
• Software & Services
By Technology
• Programmable Logic Controller (PLC)
• Supervisory Controller and Data Acquisition (SCADA)
• Machine Vision
• Distributed Control System (DCS)
• Product Lifecycle Management (PLM)
• Others (3D Printing)
By End-Use Industry
• Healthcare
• Automotive
• Aerospace & Defense
• Oil & Gas
• Food & Beverages
• Others (Chemical and Metals and Mining)
Asia-Pacific Smart Manufacturing Market – Segmentation
• China
• India
• Japan
• Rest of Asia-Pacific
Company Profiles
• ABB Ltd.
• Cisco Systems, Inc.
• DXC Technology Co.
• Emerson Electric Co.
• Fanuc Corp.
• Fujitsu Ltd.
• General Electric Co.
• Honeywell International, Inc.
• IBM Corp.
• Intel Corp.
• Larsen & Toubro Infotech Ltd.
• Mitsubishi Electric Corp.
• Oracle Corp.
• Robert Bosch GmbH
• Rockwell Automation, Inc.
• SAP SE
• Schneider Electric SE
• Siemens AG
• Wipro Ltd.
• Yokogawa Electric Corp.
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