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Smart Manufacturing Market 2024: Growth, Trends, Size, Demand, and Competitive Landscape Forecasts to 2032

Uncover trends in the smart manufacturing market, with insights into industry size, growth, demand, competitive landscape, and forecasts to 2032.

Explore the Latest Insights in the Smart Manufacturing Market!

A new report from Fortune Business Insights™ titled Smart Manufacturing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032 provides a comprehensive analysis of the Smart Manufacturing Market landscape. This report includes competitor and regional analyses, along with the latest advancements in the market.

Inside, you’ll find a detailed table of contents, figures, tables, and charts, complemented by insightful commentary. The Smart Manufacturing Market sector has seen remarkable growth recently, driven by increasing product demand, a growing customer base, and technological innovations. This report thoroughly examines the Smart Manufacturing Market, covering market size, trends, key drivers and constraints, competitive dynamics, and future growth prospects. Our goal is to delve deep into the industry to understand its dynamics and economic potential.

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Market Summary:

The “Smart Manufacturing Market Research Report Overview by 2024” market size is reached USD 277.81 billion by 2022 and it is expected to reach USD 754.1 billion by 2030 between the forecast period and expected Compound annual growth rate of 13.5% between the forcast period by (2022-2030).

The Smart Manufacturing Market has experienced significant growth, supported by various factors like rising product demand, an expanding customer base, and technological advancements. This report delivers an in-depth analysis of the market, including insights on market size, trends, key drivers and challenges, competitive dynamics, and future growth opportunities.

Top Companies in the Smart Manufacturing Market:

Here are some leading manufacturers in the sector:

  • HP Development Company, L.P. (U.S.)
  • ABB (Switzerland)
  • Emerson Electric Co. (U.S.)
  • General Electric (U.S.)
  • Honeywell International, Inc. (U.S.)
  • Mitsubishi Electric Corporation (Japan)
  • Robert Bosch GmbH (Germany)
  • Rockwell Automation, Inc. (U.S.)
  • Schneider Electric (Europe)
  • Siemens AG (Germany)

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Segmentation:

Smart Manufacturing Market Size, Share & COVID-19 Impact Analysis, By Component (Solution and Services), By Deployment (Cloud and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Industry (Discrete Industry and Process Industry), and Regional Forecast, 2023-2030

Market Coverage:

  • Market Trends
  • Market Segmentation by Segment
  • Market Segmentation by Region
  • Price Analysis
  • Impact of COVID-19
  • Market Forecast

This report provides insights into the market landscape, broken down by sub-regions and countries. It highlights potential profit opportunities alongside market share and growth rates for each region.

Regional Analysis:

  • North America (By Component, By Deployment, By Enterprise Size, By Industry, By Region)
    • U.S. (By Solution)
    • Canada (By Solution)
  • Europe (By Component, By Deployment, By Enterprise Size, By Industry, By Region)
    • U.K. (By Solution)
    • Germany (By Solution)
    • France (By Solution)
    • Italy (By Solution)
    • Spain (By Solution)
    • Rest of Europe
  • Asia Pacific (By Component, By Deployment, By Enterprise Size, By Industry, By Region)
    • China (By Solution)
    • Japan (By Solution)
    • India (By Solution)
    • Southeast Asia (By Solution)
    • Rest of Asia Pacific
  • Middle East & Africa (By Component, By Deployment, By Enterprise Size, By Industry, By Region)
    • GCC (By Solution)
    • South Africa (By Solution)
    • Rest of the Middle East & Africa
  • Latin America (By Component, By Deployment, By Enterprise Size, By Industry, By Region)
    • Brazil (By Solution)
    • Mexico (By Solution)
    • Rest of Latin America

Report Highlights:

  • Key growth drivers and challenges for the market.
  • Comprehensive overview of regional developments.
  • List of major industry players.
  • Strategies adopted by key market players.
  • Recent developments, including product launches and mergers.

The report also discusses limiting factors and the regional industrial presence that may impact market growth trends beyond 2032. Our market research aims to provide a thorough understanding of the industry’s potential and equip companies with the insights they need to make informed decisions. The Smart Manufacturing Market Report spans over 100+ pages and includes a detailed table of contents, figures, tables, graphs, and extensive analysis.

Table of Contents:

  1. Introduction
  2. Research Scope
  3. Market Segmentation
  4. Research Methodology
  5. Definitions and Assumptions
  6. Executive Summary
  7. Market Dynamics
  8. Market Drivers
  9. Market Restraints
  10. Market Opportunities
  11. Key Insights
  12. Industry Developments (Mergers, Acquisitions, Partnerships)
  13. Porter’s Five Forces Analysis
  14. SWOT Analysis
  15. Technological Developments
  16. Value Chain Analysis

TOC Continued…!

Industry Developments:

  • Emerson to collaborate with Petronas with an objective to drive decarbonization and digital transformation as well as enhance their remote operation capabilities and further strengthen their cybersecurity.
  • Honeywell International, Inc. introduced robotic technology, ‘Smart Flexible Depalletizer,’ to minimize the labor-intensive work. This technology is increasing warehouse productivity and reducing labor injuries.
  • General Electric Company announced the launch of intuitive software applications and expert services called Connectix. The service is designed for smart manufacturing applications. The services help to take advantage of data analytics to increase energy efficiency, make faster decisions, and enhance daily operations in manufacturing.
  • Rockwell Automation, Inc. announced the release of its updated intelligent conveyor system called QuickStick HT. The newly launched conveyor system has been enabled with the advanced QuickStick HT 5700 inverter. The updated system has provided functional safety, and it can save the plant floor space and reduce the size of the control cabinet.

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About Us:

Fortune Business Insights is committed to delivering a unique blend of qualitative and quantitative market research reports to clients globally. We assist both domestic and international businesses in streamlining their operations by offering detailed market insights and accurate projections. Our reports provide insightful analysis and forecasts, considering all critical market factors.

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