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Smart Manufacturing Market In North America 2017 By Deployment Model (On Premise, On-Demand), Countries, Trends, Forecast To 2022

09-18-2017 09:22 AM CET | Industry, Real Estate & Construction

Press release from: Orbis Research

Smart Manufacturing Market In North America 2017 By Deployment

The North America Smart Manufacturing Market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 – 2022. Companies in North America are embracing the concept of smart manufacturing. This is because of the varied levels of production a company can get. In this region, most of the factories are already fitted with modern machines and technology and will be easier for the companies to switch over to smart manufacturing compared to staying with traditional forms of manufacturing.

Smart Manufacturing is bringing information technology to the manufacturing centers to help them boost their productivity, maximize their resources, and help them innovate products. Smart manufacturing helps the company use various technologies such as cloud computing, business intelligence, analytics etc. for every aspect of the business and helps the manufacturing center to become an innovation center and reap good amount of profits out of this method.

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The machines used in these smart manufacturing centers are easily upgradable or reconfigurable. This is important as the machines need to be flexible and responsive to the demands of the industry. As there will be real time tracking of the demand, the manufacturing process for a commodity can increase or decrease accordingly. This will help the manufacturer in not producing excess amount of products or have a shortage of products during a peak demand.

There will be also be minimum environmental impact by the use of this technology while being extremely cost effective on the other side. As every company is focused on reducing emissions and cause less harm to the environment, this will in fact help the company do both.

Smart manufacturing occurs in three phases. The first phase is the plant and enterprise-wide integration, where each stage of the production process is connected. Then, the plant level optimization becomes or turns into manufacturing intelligence. This will later be used to improve the current and also, the future operations. The last stage involves accumulation of manufacturing knowledge that will help them make a major ripple in the market, because of the various advantages that the company has seen.

Browse Full Report with TOC: http://www.orbisresearch.com/reports/index/north-america-smart-manufacturing-market-by-deployment-model-on-premise-on-demand-countries-trends-forecast-2017-2022

This technology is bound to be beneficial to the companies who are looking to make their production and supply lines more competitive and cost saving. The market for smart manufacturing will keep growing in the years to come because of the various advantages it has, compared to the traditional manufacturing processes. Companies like Samsung, CSC, Wipro, Siemens, Rockwell Automation, Honeywell, Emerson, GE, SAP and Cisco are the big players in the market.

DRIVERS
• The consistent growth in the adoption of analytical solutions and the increasing focus on cost reduction and business process proficiency can drive the growth of Asia Pacific's smart manufacturing market.

RESTRAINTS
• The only issues associated with this particular market is the complexity of implementing the entire process.

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WHAT THE REPORT OFFERS
1.North America Smart Manufacturing Market Overview with information on drivers and restraints
2.North America Smart Manufacturing Market Analysis and its applications in the industry
3.Identification of factors responsible for changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on global and regional scale
4.Extensively researched competitive landscape with profiles of major companies along with their market shares
5.A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

Table of Content
1. Introduction

2. Key Findings of the Study

3. Executive Summary

4. Market Overview
4.1 Market Segmentation
4.2 Overview
4.3 Industry Value Chain Analysis
4.4 Industry Attractiveness - Porter's 5 Force Analysis
4.5 Industry Policies

5. Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Focus on cost reduction and business process efficiency
5.2.2 Growth in adoption of analytical solutions
5.3 Restraints
5.3.1 Implementation process is complex

6. Technology Overview
6.1 Technology Snapshot
6.2 Ongoing research and development
6.3 Applications of Smart Manufactuing Solutions

7. Smart Manufacturing Market by Deployment Model
7.1 On-Premise
7.1.1 Market Share and Analysis
7.1.2 Analyt View
7.2 On-Demand
7.2.1 Market Share and Analysis
7.2.2 Analyt View

8. Smart Manufacturing Market by Region
8.1 North America
8.1.1 Market Share and Forecast
8.1.2 Analyst View

9. Vendor Market Share

10. Competitve Intelligence - Company Profiles
10.1 Cisco
10.1.1 Overview
10.1.2 Major Products and Services
10.1.3 Financials
10.1.4 Recent Developments
10.2 CSC
10.2.1 Overview
10.2.2 Major Products and Services
10.2.3 Financials
10.2.4 Recent Developments
10.3 SAP
10.3.1 Overview
10.3.2 Major Products and Services
10.3.3 Financials
10.3.4 Recent Developments
10.4 Wipro
10.4.1 Overview
10.4.2 Major Products and Services
10.4.3 Financials
10.4.4 Recent Developments
10.5 Siemens
10.5.1 Overview
10.5.2 Major Products and Services
10.5.3 Financials
10.5.4 Recent Developments
10.6 Rockwell Automation
10.6.1 Overview
10.6.2 Major Products and Services
10.6.3 Financials
10.6.4 Recent Developments
10.7 Honeywell
10.7.1 Overview
10.7.2 Major Products and Services
10.7.3 Financials
10.7.4 Recent Developments
10.8 GE
10.8.1 Overview
10.8.2 Major Products and Services
10.8.3 Financials
10.8.4 Recent Developments
10.9 Samsung
10.9.1 Overview
10.9.2 Major Products and Services
10.9.3 Financials
10.9.4 Recent Developments
10.10 IBM
10.10.1 Overview
10.10.2 Major Products and Services
10.10.3 Financials
10.10.4 Recent Developments

11. Investment Analysis
11.1 Recent Mergers and Acquisitions
11.2 Role of Business Accelerators
11.3 Investment Outlook

12. Future of Smart Manufacturing Market

Orbis Research is a single point aid for all your Market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required Market research study for our clients.

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