Global Smart Manufacturing Market 2019 by Technology, Components, Emerging Trends, Regional Statistics, and Investment Opportunities to 2026
This report on smart manufacturing market 2019, studies all the characteristic of the present and forthcoming industry growth information which is climacteric for all new participants well as the leading market participant across the globe during the forecast period 2019-2026.
Dallas , United States – May 3, 2019 /MarketersMedia/ —
The Global Smart Manufacturing market is accounted for $153.80 billion in 2017 and is expected to reach $436.89 billion by 2026 growing at a CAGR of 12.3% during the forecast period. Growing demand for software systems that reduces time and cost, rising emphasis on regulatory compliances and rising use of industrial automation in manufacturing are some of the factors boosting the market growth. However, low adoption of technologies owing to technical issues and lack of standardization among equipment manufacturers and in connectivity protocols are the factors hampering the market. In addition, the integration of different solutions to provide improved performance and increasing adoption of IOT and cloud platforms are providing ample of opportunities.
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Smart manufacturing involves the use of automation equipment and the aim to be achieved through this process is the use of information technology to use it for the advantage of reaching a global market. This manufacturing decreases the workload and makes for more flexibility in the entire process. It is a method of manufacturing which aims at optimizing the concept, product manufacturing, and transaction process.
Based on the end user, the automotive segment accounted owing to increasing demand for automobiles in developing countries; technological innovations, such as electric cars, fuel-efficient cars, connected cars; and growing competition in the market are expected to drive the demand for smart manufacturing in the automotive industry. Installing robots has helped several automotive companies to offset the shortage and high costs of acquiring and retaining skilled labor.
By Geography, the Asia Pacific region is the world’s one of the fastest evolving due to increased spending on improving performance, security, and economic stability. The region is witnessing a surge in the deployment of smart manufacturing technologies. China, being one of the top manufacturing countries, has been adopting enabling technologies to increase operational efficiency and production in the country.
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Some of the key players profiled in the Smart Manufacturing market include:
IBM, Honeywell, GE, Stratatys, 3d Systems, Daifuku, 4 Jbt, Cisco, Schneider, Siemens, Emerson, Oracle, SAP, Yokogawa, Abb and Rockwell.
Components Covered:
• Sensor
• Machine Vision Systems
• Robotics
• Control Device
• Communication Segment
• Other Components
Technologies Covered:
• Information Technology
• Enabling Technology
End Users Covered:
• Discrete Industry
• Process Industry
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
Major Point from Table of Content:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Smart Manufacturing Market, By Components
6 Global Smart Manufacturing Market, By Technology
7 Global Smart Manufacturing Market, By End User
8 Global Smart Manufacturing Market, By Geography
9 Key Developments
10 Company Profiling
10.1 IBM
10.2 Honeywell
10.3 GE
10.4 Stratatys
10.5 3d Systems
10.6 Daifuku
10.7 Cisco
10.8 Schneider
10.9 Siemens
10.10 Emerson
10.11 Oracle
10.12 SAP
10.13 Yokogawa
10.14 Abb
10.15 Rockwell
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