Smart Manufacturing Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Global Smart Manufacturing Landscape

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:

Smart Manufacturing Market Size & Share, Growth Analysis 2023-2035

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.

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 â€“ 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.

Smart Manufacturing Market - Top Companies and Manufacturers

Top Featured Companies Dominating the Global Smart Manufacturing Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

What are the major factors driving the growth of the smart manufacturing market?

What would be the CAGR of the smart manufacturing market over the forecast period?

Who are the major players dominating the smart manufacturing market?

How are the company profiles selected?

What are the segments in the smart manufacturing market?

Which segment captures the largest market size in the component segment in the smart manufacturing market?

What are the challenges affecting the market growth?

Which region will provide more business opportunities for the growth of the smart manufacturing market in the future?