Smart Manufacturing Market Size & Share, by Component (Hardware, Software, Services); Technology (Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA); Deployment (Cloud, On-premise); Organization (Large, SMEs); End-user (Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Electronics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4975
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Top Featured Companies Dominating the Global Smart Manufacturing Landscape

top-features-companies
    • ABB Group
      • Company Overview
      • Business Strategy
      • Key Product 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 Market Insights with Data Illustration:

In-the-news

In The News

  • ABB Group has opened a new robotics solutions delivery facility in India that will help the consumer base use the benefits of Industry 4.0 including cutting-edge robotics and digitalization technologies.
  • Siemens Aktiengesellschaft along with LG Energy Solution has entered into a partnership to digitize the production process of batteries and minimize carbon footprint in the supply chain.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4975
  • Published Date: Jun 02, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing adoption of modern technologies such as Internet of Things (IoT) devices, machine learning, artificial intelligence, and others is propelling the growth of the market expansion.

The market size of smart manufacturing is anticipated to attain a CAGR of 21.50% over the forecast period, i.e., 2023 – 2035.

The major players in the market are ABB Group, Siemens Aktiengesellschaft, Honeywell International Inc., General Electric Company, Rockwell Automation, Inc., Schneider Electric SE, Robert Bosch GmbH, Mitsubishi Electric Corporation, FANUC, and other key players.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, technology, deployment, enterprise size, end-use, and by region.

The software segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

Rising threats related to cybersecurity along with the requirement of high initial investment and lack of unavailability of skilled professionals are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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