Smart Manufacturing Market Application, Share, High Demand, Business Scenario, Size, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027
The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research.
Smart Manufacturing market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the Smart Manufacturing market for the forecast period 2020 – 2027. The comprehensive study offers an overview of the current state of development of the business as well as predicts the course of progress across different regions. A large number of factors including the major driving forces, threats and opportunities are taken into account to present an analytical picture of the industry portrayed in the report.
Smart Manufacturing Scope of the Report:
Smart Manufacturing study is a professional probe into the revenue generated and capacity estimates for the Smart Manufacturing market for the forecast period 2020 – 2027 empower the business owners to maintain a competitive edge over their rivals. The research further examines and provides data on the market by type, application and geography interspersed with illustrations and other graphical representations. The market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders. Other factors taken into consideration when studying the industry include profitability, manufacturing capability, distribution channels and industry cost structure and major success factors.
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The automotive industry segment held the largest market share of Smart Manufacturing in 2019. Increasing implementation of advanced technologies such as Industrial 3D printing in order to reduce the overall manufacturing cost is expected to drive the growth of the market.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising investments of the manufacturing companies on the implementation of advanced technologies in the manufacturing process to increase operational efficiency and production.
Key participants include IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, and Cisco, among others.
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Emergen Research has segmented the global Smart Manufacturing Market on the basis of Information Technology, Enabling Technology, Industry, and region:
Smart Manufacturing Market Information Technology Outlook (Revenue, USD Billion; 2017-2027)
Manufacturing Execution System
Warehouse Management System
Plant Asset Management
Enterprise Manufacturing Intelligence
Product lifecycle Management
Enabling Technology Outlook (Revenue, USD Billion; 2017-2027)
Industrial 3D printing
Industrial Internet of Things (IIoT)
Artificial Intelligence (AI) in manufacturing
Blockchain in manufacturing
Augmented Reality and Virtual Reality in manufacturing
Smart Manufacturing Market Industry Outlook (Revenue, USD Billion; 2017-2027)
Energy & Power
Aerospace & Defense
Food & Beverage
Semiconductor & electronics
Oil & Gas
Smart Manufacturing Market Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
The study on the Smart Manufacturing market applies research methodologies including the investigation and interview techniques to weigh up on the product price, revenue, import and export status and prouction capability of the manufacturers operating in the Smart Manufacturing market for the forecast period, 2020 – 2027. The market intelligence report focuses primarily on the market size, share and growth rate of the industry during the estimated period with the aim to help business owners make a wise investment decision and chalk out a blueprint of profitable business strategies
Smart Manufacturing Market Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Manufacturing Market Segmentation & Impact Analysis
4.1. Smart Manufacturing Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Stringent environmental regulations
18.104.22.168. Rising need to reduce bacterial or algal contamination in water systems
22.214.171.124. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
126.96.36.199. Fluctuating prices of raw material
188.8.131.52. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Manufacturing Market By Application Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Smart Manufacturing Market By Product type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Smart Manufacturing Market Regional Outlook
Chapter 8. Competitive Landscape