Smart Manufacturing Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis

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The rising adoption of big data analytics, autonomous robots, artificial intelligence, and digitized supply chain management solutions in the industrial sectors is driving the demand of the market.

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 study on the Global Smart Manufacturing Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Smart Manufacturing market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Smart Manufacturing industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Smart Manufacturing industry.

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Competitive Outlook: The leading companies operating in the Smart Manufacturing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Smart Manufacturing Market and Profiled in the Report are:

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

Objectives of the Report:

Study of the global Smart Manufacturing market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Smart Manufacturing market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Smart Manufacturing market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Smart Manufacturing market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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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

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Browse Detailed Research report @https://www.emergenresearch.com/industry-report/smart-manufacturing-market

Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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