Emergen Research has recently published a detailed report on the global Smart Manufacturing Market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Smart Manufacturing market through verified and validated data curated to offer accurate insights. The report also offers a region wise and country wise analysis of the Smart Manufacturing market and contains a detailed analysis of the key elements influencing the growth of the market in the region. The research study also contains historical, current, and forecast estimations for each sector, segment, sub-segment, and regions.

The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of digital technologies across all major industries, including food beverage, petrochemicals, automotive, aerospace defense, and energy power. The rising need to eliminate human machine errors, enhanced asset efficiency and production quality has increased the adoption of digitized supply chain management solutions.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

The report further sheds light on the competitive landscape of the Smart Manufacturing market to offer the readers an advantage over others. The competitive landscape section of the report talks about the recent advancements in the RD and technologies undertaken by the prominent players, along with their strategic business expansion plans, product launches, and brand promotions. The report pays special attention to the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, agreements, corporate and government deals, and others adopted by the prominent players of the industry to expand their market presence and gain a substantial market position.

Key Points of Smart Manufacturing Market:

• Extensive coverage of the analysis of the Smart Manufacturing market
• Key insights into the regional spread of the industry in key geographies
• Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
• Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Smart Manufacturing market
• Complete data about the key manufacturers and vendors in the Smart Manufacturing market

Regional Analysis:

The report sheds light on the region expected to dominate the Smart Manufacturing market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Smart Manufacturing market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Segments Covered in this report are:

• Information Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Manufacturing Execution System
  • Human-Machine Interface
  • Warehouse Management System
  • Plant Asset Management
  • Industrial Communication
  • Enterprise Manufacturing Intelligence
  • Product lifecycle Management
  • Others

• Enabling Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Industrial Robotics
  • Machine Vision
  • Industrial 3D printing
  • Industrial Internet of Things (IIoT)
  • Artificial Intelligence (AI) in manufacturing
  • Blockchain in manufacturing
  • Augmented Reality and Virtual Reality in manufacturing
  • Others  

• Industry Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Energy Power
  • Aerospace Defense
  • Pharmaceuticals
  • Automotive
  • Food Beverage
  • Semiconductor electronics
  • Oil Gas
  • Chemicals
  • Others

Leading Companies of the Smart Manufacturing Industry and Profiled in the Report are:

IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, Cisco

In conclusion, the Smart Manufacturing Market report is an exhaustive database that will help readers formulate lucrative strategies. The Smart Manufacturing Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

Additional information offered by the report:

• Along with a complete overview of the global Smart Manufacturing market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Smart Manufacturing market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

Thank you for reading our report. Customization of this report is available in chapter-wise or region-wise sections. Kindly get in touch with us to know more about the report, and our team will provide excellent assistance.

About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.