Smart Manufacturing Companies

  • Report ID: 4975
  • Published Date: May 06, 2025
  • Report Format: PDF, PPT

Companies Dominating the Smart Manufacturing Landscape

    The smart manufacturing market is highly competitive, driven by rapid technological advancements and strategic collaborations. Key players such as Siemens, Rockwell Automation, Schneider Electric, Honeywell, and ABB are continuously innovating through AI, IoT, and cloud-based solutions to enhance factory automation and operational efficiency. These companies are investing heavily in R&D and forming alliances to expand their digital manufacturing portfolios. Emerging players and startups are also gaining traction by offering specialized solutions like predictive maintenance and digital twins. The market is witnessing frequent product launches and global expansion initiatives, intensifying competition and pushing companies to differentiate through smart, scalable, and sustainable solutions. Here are some key players operating in the global market:

    • ABB Group
      • Company Overview
      • Business Strategy
      • Key Technology Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Siemens Aktiengesellschaft
    • Honeywell International Inc.
    • General Electric Company
    • Rockwell Automation, Inc.
    • Schneider Electric SE
    • Robert Bosch GmbH
    • Mitsubishi Electric Corporation
    • FANUC
    • HP Development Company, L.P.

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

Currently in 2025, the industry revenue of smart manufacturing is assessed at USD 166.2 billion.

The global smart manufacturing market is projected to increase from USD 144.4 billion in 2024 to USD 1.8 trillion by 2037, demonstrating a CAGR of over 21.5% throughout the forecast timeline, from 2025 to 2037.

North America industry is expected to dominate majority revenue share of 35% by 2037, due to rapid adoption of advanced technologies such as IoT, and IIoT aid in enhancing productivity and lowering operational and maintenance costs.

The major players in the market include ABB GroupSiemens AktiengesellschaftHoneywell International Inc.General Electric CompanyRockwell Automation, Inc.Schneider Electric SERobert Bosch GmbHMitsubishi Electric CorporationFANUCHP Development Company, L.P.
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