Smart Manufacturing Market: Share and Future Trends 2024-2032

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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 substantial growth in recent years, driven by several key factors, including rising demand for its products, a widening customer base, and advancements in technology. This report offers an in-depth analysis of the market, covering aspects such as market size, trends, drivers and constraints, competitive dynamics, and future growth prospects.

Top Companies of Smart Manufacturing Market:

Most of the manufacturers in the market report are listed below:

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

The Smart Manufacturing Market report offers insights into the market landscape, which is further divided into sub-regions and countries. Alongside the market share for each country and sub-region, this section of the report highlights potential profit opportunities. Additionally, it details the market share and growth rate 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 coverage:

• Key growth drivers, restraining factors, opportunities and potential challenges for the market.
• Complete knowledge of regional developments.
• List of major industry players.
• Key strategies adopted by market players.
• Recent industry developments include product launches, partnerships, mergers and acquisitions.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry’s potential and provide information that will help companies to make informed decisions. The Smart Manufacturing Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

Table of Contents:

• Introduction
  • Research Scope
  • Market Segmentation
  • Research Methodology
  • Definitions and Assumptions
• Executive Summary
• Market Dynamics
  • Market Drivers
  • Market Restraints
  • Market Opportunities
• Key Insights
  • Key Industry Developments – Merger, Acquisitions, and Partnerships
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Technological Developments
  • 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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