Smart Manufacturing
SKU
MRR-0375F3EAA7D2
Region
Global
Publication Date
January 2024
Delivery
Immediate
2023
USD 207.02 billion
2030
USD 491.40 billion
2024
USD 226.50 billion
CAGR
13.14%
Smart Manufacturing Market by Technology (3D Printing, Discrete Control Systems, Enterprise Resource Planning), Component (Hardware, Services, Software), End User - Global Forecast 2024-2030

[194 Pages Report] The Smart Manufacturing Market size was estimated at USD 207.02 billion in 2023 and expected to reach USD 226.50 billion in 2024, at a CAGR 13.14% to reach USD 491.40 billion by 2030.

Smart Manufacturing Market
To learn more about this report, request a free sample copy

Smart manufacturing refers to an advanced approach to production that utilizes integrated, data-driven intelligence to improve manufacturing efficiency, productivity, and flexibility. At its core, smart manufacturing is the combination of operational technology (OT) and information technology (IT) within an Internet of Things (IoT) framework. This convergence enables a highly interconnected manufacturing ecosystem where machinery and equipment can self-optimize through real-time data exchange and analytics. Rising demand for software systems that reduce time and cost and supportive regulations and policies that encourage modernization of the manufacturing process foster market growth. However, high initial investment costs for adopting smart technologies and security risks associated with IoT and cloud-based systems may impede market growth. Nevertheless, rising emphasis on supply chain optimization and the adoption of digital twins, where virtual replicas of physical devices are used for simulation and analysis, is anticipated to create potential opportunities for the smart manufacturing market growth.

Smart Manufacturing Market - Global Forecast 2024-2030
To learn more about this report, request a free sample copy
Technology: Burgeoning utilization of discrete control systems to manage and control individual parts production

3D printing, or additive manufacturing, refers to various processes to create three-dimensional objects by layering material under computer control. It is used in smart manufacturing to produce complex geometries, rapid prototyping, and customization of products. Discrete control systems manage and control the production of individual parts in manufacturing. These systems include robotic controllers and automation systems tailored for repetitive and precise tasks. Enterprise Resource Planning (ERP) systems integrate all facets of an enterprise into one complete information system that individuals across the organization can access. They encompass modules including finance, HR, production, and supply chain. Human Machine Interface (HMI) encompasses the devices and interfaces that allow human operators to interact with and control machines and automation systems. HMIs can range from simple screens to sophisticated interactive panels. Machine Execution Systems (MES) software controls and monitors production in real time, bridging the gap between plant floor operations and enterprise systems. MES solutions manage workflows, ensure quality compliance, and track production. Machine vision systems utilize cameras, processors, and software algorithms to automate complex visual inspections, guidance, and analysis tasks in manufacturing processes. Plant Asset Management (PAM) systems oversee the optimization and usage of manufacturing assets to improve uptime, asset longevity, and operational performance. Product Lifecycle Management (PLM) is a methodical process of handling the series of changes a product moves through, from its design and development to its ultimate retirement or disposal. A programmable logic controller (PLC) is a computer control system that constantly scans the state of input devices and drives decisions based on a custom program to control the state of output devices. Supervisory Control and Data Acquisition (SCADA) is a system of hardware and software elements that permits industrial organizations to control processes locally or at remote locations and monitor, gather, and process real-time data.

End User: Evolving adoption of smart manufacturing in automotive industry

In the aerospace and defense industry, smart manufacturing is critical for managing complex production processes, ensuring precision in component fabrication, and maintaining stringent regulatory compliance. Need-based preferences include advanced robotics, artificial intelligence for predictive maintenance, and additive manufacturing for producing complex parts. Smart farming tools are actively being incorporated into the agriculture industry. The need-based preferences include precision agriculture tools, IoT for crop monitoring, and automated machinery for planting and harvesting. The automotive industry is transforming significantly, with smart manufacturing at its core. Key preferences are cyber-physical systems, extended reality (XR) for design and training, and intelligent automation. In the chemical and materials industry, smart manufacturing improves safety, reduces environmental impact, and increases quality control. The segment craves advanced analytic tools for process optimization, closed-loop systems, and agile production methods. The food and beverage sector increasingly relies on smart manufacturing to ensure food safety, traceability, and sustainability. Preferences include automation in packaging, real-time supply chain analytics, and energy-efficient systems. Smart manufacturing in mining focuses on safety enhancements, operational efficiency, and reducing environmental impact. There is increasing use for autonomous haul trucks, real-time geological data analysis, and energy management systems. Smart manufacturing is essential for risk management, maximizing resource extraction, and optimizing supply chains in oil and gas. The industry favors high-performance computing for seismic exploration, digital twinning of rigs, and predictive analytics. The pharmaceutical industry's primary needs for smart manufacturing revolve around compliance regulation, product quality, and expedited drug development. Technologies such as continuous manufacturing, robotics, and AI for drug discovery are in high demand. The pharmaceutical industry's primary needs for smart manufacturing revolve around compliance regulation, product quality, and expedited drug development. Technologies such as continuous manufacturing, robotics, and AI for drug discovery are in high demand.

Regional Insights

In the Americas, smart manufacturing is driven by the quest for efficiency and productivity, significant investments in industrial automation, artificial intelligence, and the Industrial Internet of Things (IIoT). Recent patents have shown innovation in predictive maintenance, cyber-physical systems, and robotics. Major research initiatives, such as those by the National Institute of Standards and Technology (NIST), continue to underpin the development of industry standards and best practices. Government initiatives, such as the Investing in Canada Plan, are expected to fund new smart manufacturing technologies that could enhance competitiveness and reduce environmental footprints. In the EU, customer needs are highly sophisticated, strongly emphasizing compliance with strict regulatory standards and sustainability. Smart manufacturing is a crucial enabler for greater resource efficiency and customization capabilities. The Middle East and Africa have shown increasing interest in diversifying away from oil dependence, with smart manufacturing seen as pivotal in this transition. There is a growing focus on developing sectors such as aerospace, defense, and automotive manufacturing, with initiatives including Saudi Arabia's Vision 2030 incorporating smart factories to enhance productivity and create high-value jobs. Initiatives such as the African Union's Agenda 2063 envision a transformed continent with robust and sustainable industries. The customer purchasing behavior focuses on basic technology adoption and process improvements. However, infrastructure and skills development investments are critical for the region to harness the full potential of smart manufacturing. The Asia-Pacific region is distinguished by its rapid adoption of smart manufacturing technologies, led by countries such as China, Japan, and India, demonstrating unique consumer needs and purchasing behaviors. Countries in the Asia-Pacific possess enormous manufacturing sectors that are rapidly transforming through government initiatives, including "Made in China 2025", "Society 5.0," and "Make in India" campaigns. With a pressing need to overcome labor shortages and enhance product quality, manufacturers heavily invest in robotics, AI, and 5G technologies.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Smart Manufacturing Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smart Manufacturing Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • RIC Technology Launches New Automated Robotic Arm Construction 3D Printer

    RIC Technology unveiled its advancement in smart manufacturing, the RIC-M1 PRO, at the World of Concrete 2024. Engineered to address the critical global housing shortage, this compact modular robotic arm printer stands out for its expanded capabilities and intelligent design. Distinguished by its larger operational footprint, sophisticated automation, and innovative material delivery system, the RIC-M1 PRO offers a significant reduction in both cost and labor, setting a new standard in efficiency. [Published On: 2024-01-18]

  • Mitsubishi Corporation Invests in ThinkIQ to Drive Digital Transformation for the Manufacturing Industry

    ThinkIQ secured an investment from Mitsubishi Corporation, marking a significant collaboration to propel the growth of ThinkIQ's innovative digital manufacturing platform in Japan. This partnership underscores Mitsubishi Corporation's commitment to enhancing digital transformation across its extensive industrial supply chains through ThinkIQ's advanced solutions. Developed in alignment with U.S. and European smart manufacturing initiatives and global standards, ThinkIQ's platform stands out for its open design and robust capability to streamline complex manufacturing supply chains. [Published On: 2024-01-09]

  • Smart Robotic Automation Solutions From ABB To Support Sustainability Targets For Volvo Cars

    ABB announced an enhanced partnership with Volvo Cars, planning to supply over 1,300 robots and functional packages to produce the next-generation electric vehicles. This collaboration underscores a shared commitment to sustainable manufacturing. Leveraging ABB's innovative, energy-efficient robotics, including their new large robot family and OmniCoreTM controllers, Volvo Cars aims to achieve up to 20% energy savings across its production sites, aligning with its sustainability ambitions. [Published On: 2023-12-19]

Key Company Profiles

The report delves into recent significant developments in the Smart Manufacturing Market, highlighting leading vendors and their innovative profiles. These include 3D Systems Corporation, ABB Ltd., Altair Engineering, Inc., Andea Solutions Sp. z o.o., Augury Inc., Bright Machines, Inc., Cisco Systems, Inc., Cognex Corporation, Emerson Electric Co., Epicor Software Corporation, Fanuc Corporation, Fruitcore Robotics GmbH, Fujitsu Limited, General Electric Company, General Vision Inc., Honeywell International Inc., International Business Machines Corporation, Mitsubishi Electric Corporation, Nvidia Corporation, Oracle Corporation, Path Robotics, Inc., Progress Software Corporation, Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, SparkCognition, Inc., Stratasys Ltd., Telefonaktiebolaget LM Ericsson, Texas Instruments Incorporated, Xometry Europe GmbH, and Yokogawa Electric Corporation.

Market Segmentation & Coverage

This research report categorizes the Smart Manufacturing Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Technology
    • 3D Printing
    • Discrete Control Systems
    • Enterprise Resource Planning
    • Human Machine Interface
    • Machine Execution Systems
    • Machine Vision
    • Plant Asset Management
    • Product Lifecycle Management
    • Programmable Logic Controller
    • SCADA
  • Component
    • Hardware
    • Services
    • Software
  • End User
    • Aerospace & Defence
    • Agriculture
    • Automotive
    • Chemical & Materials
    • Food & Beverage
    • Mining
    • Oil & Gas
    • Pharmaceutical
    • Semiconductor

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Smart Manufacturing Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smart Manufacturing Market?
  3. What are the technology trends and regulatory frameworks in the Smart Manufacturing Market?
  4. What is the market share of the leading vendors in the Smart Manufacturing Market?
  5. Which modes and strategic moves are suitable for entering the Smart Manufacturing Market?

  1. Preface
    1. Objectives of the Study
    2. Market Segmentation & CoverageSMART MANUFACTURING MARKET SEGMENTATION & COVERAGE
    3. Years Considered for the Study
    4. Currency & PricingUNITED STATES DOLLAR EXCHANGE RATE, 2018–2023
    5. Language
    6. Limitations
    7. Assumptions
    8. Stakeholders
  2. Research Methodology
    1. SMART MANUFACTURING MARKET RESEARCH PROCESS
    2. Define: Research Objective
    3. Determine: Research Design
    4. Prepare: Research Instrument
    5. Collect: Data Source
    6. Analyze: Data Interpretation
    7. Formulate: Data Verification
    8. Publish: Research Report
    9. Repeat: Report Update
  3. Executive Summary
    1. SMART MANUFACTURING MARKET SIZE, 2023 VS 2030
  4. Market Overview
    1. IntroductionSMART MANUFACTURING MARKET SIZE, 2018-2030 (USD MILLION)SMART MANUFACTURING MARKET SIZE, 2018-2030 (USD MILLION)
    2. Smart Manufacturing Market, by RegionSMART MANUFACTURING MARKET SIZE, BY REGION, 2023 VS 2030 (%)SMART MANUFACTURING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)GLOBAL SMART MANUFACTURING MARKET SIZE, BY REGION, 2018-2030 (USD MILLION)
  5. Market Insights
    1. Market DynamicsSMART MANUFACTURING MARKET DYNAMICS
      1. Drivers
        1. Growing Adoption of Industry 4.0 in Economies Worldwide
        2. Increasing Government Support Industrial Automation
        3. Rising Integration of Robotic Process Automation (RPA)
      2. Restraints
        1. Complexities Associated with Deployment Smart Manufacturing Technologies
      3. Opportunities
        1. Emerging Technologies for Management of Manufacturing Operations and Introduction of Cobots
        2. Surging Investments in Smart Factory Projects
      4. Challenges
        1. Privacy and Security Concerns Associated with Smart Manufacturing Technologies
    2. Market Segmentation Analysis
      1. Technology: Burgeoning utilization of discrete control systems to manage and control individual parts production
      2. End User: Evolving adoption of smart manufacturing in automotive industry
    3. Market Trend Analysis
    4. Cumulative Impact of High Inflation
    5. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Threat of Substitutes
      3. Bargaining Power of Customers
      4. Bargaining Power of Suppliers
      5. Industry Rivalry
    6. Value Chain & Critical Path Analysis
    7. Regulatory Framework
  6. Smart Manufacturing Market, by Technology
    1. IntroductionSMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)
    2. 3D PrintingSMART MANUFACTURING MARKET SIZE, BY 3D PRINTING, BY , 2018-2030 (USD MILLION)
    3. Discrete Control SystemsSMART MANUFACTURING MARKET SIZE, BY DISCRETE CONTROL SYSTEMS, BY , 2018-2030 (USD MILLION)
    4. Enterprise Resource PlanningSMART MANUFACTURING MARKET SIZE, BY ENTERPRISE RESOURCE PLANNING, BY , 2018-2030 (USD MILLION)
    5. Human Machine InterfaceSMART MANUFACTURING MARKET SIZE, BY HUMAN MACHINE INTERFACE, BY , 2018-2030 (USD MILLION)
    6. Machine Execution SystemsSMART MANUFACTURING MARKET SIZE, BY MACHINE EXECUTION SYSTEMS, BY , 2018-2030 (USD MILLION)
    7. Machine VisionSMART MANUFACTURING MARKET SIZE, BY MACHINE VISION, BY , 2018-2030 (USD MILLION)
    8. Plant Asset ManagementSMART MANUFACTURING MARKET SIZE, BY PLANT ASSET MANAGEMENT, BY , 2018-2030 (USD MILLION)
    9. Product Lifecycle ManagementSMART MANUFACTURING MARKET SIZE, BY PRODUCT LIFECYCLE MANAGEMENT, BY , 2018-2030 (USD MILLION)
    10. Programmable Logic ControllerSMART MANUFACTURING MARKET SIZE, BY PROGRAMMABLE LOGIC CONTROLLER, BY , 2018-2030 (USD MILLION)
    11. SCADASMART MANUFACTURING MARKET SIZE, BY SCADA, BY , 2018-2030 (USD MILLION)
  7. Smart Manufacturing Market, by Component
    1. IntroductionSMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)
    2. HardwareSMART MANUFACTURING MARKET SIZE, BY HARDWARE, BY , 2018-2030 (USD MILLION)
    3. ServicesSMART MANUFACTURING MARKET SIZE, BY SERVICES, BY , 2018-2030 (USD MILLION)
    4. SoftwareSMART MANUFACTURING MARKET SIZE, BY SOFTWARE, BY , 2018-2030 (USD MILLION)
  8. Smart Manufacturing Market, by End User
    1. IntroductionSMART MANUFACTURING MARKET SIZE, BY END USER, 2023 VS 2030 (%)SMART MANUFACTURING MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    2. Aerospace & DefenceSMART MANUFACTURING MARKET SIZE, BY AEROSPACE & DEFENCE, BY , 2018-2030 (USD MILLION)
    3. AgricultureSMART MANUFACTURING MARKET SIZE, BY AGRICULTURE, BY , 2018-2030 (USD MILLION)
    4. AutomotiveSMART MANUFACTURING MARKET SIZE, BY AUTOMOTIVE, BY , 2018-2030 (USD MILLION)
    5. Chemical & MaterialsSMART MANUFACTURING MARKET SIZE, BY CHEMICAL & MATERIALS, BY , 2018-2030 (USD MILLION)
    6. Food & BeverageSMART MANUFACTURING MARKET SIZE, BY FOOD & BEVERAGE, BY , 2018-2030 (USD MILLION)
    7. MiningSMART MANUFACTURING MARKET SIZE, BY MINING, BY , 2018-2030 (USD MILLION)
    8. Oil & GasSMART MANUFACTURING MARKET SIZE, BY OIL & GAS, BY , 2018-2030 (USD MILLION)
    9. PharmaceuticalSMART MANUFACTURING MARKET SIZE, BY PHARMACEUTICAL, BY , 2018-2030 (USD MILLION)
    10. SemiconductorSMART MANUFACTURING MARKET SIZE, BY SEMICONDUCTOR, BY , 2018-2030 (USD MILLION)
  9. Americas Smart Manufacturing Market
    1. Introduction
    2. AMERICAS SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)AMERICAS SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)AMERICAS SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    3. AMERICAS SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)AMERICAS SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)AMERICAS SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Argentina
    5. ARGENTINA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)ARGENTINA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)ARGENTINA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    6. Brazil
    7. BRAZIL SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)BRAZIL SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)BRAZIL SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    8. Canada
    9. CANADA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)CANADA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)CANADA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    10. Mexico
    11. MEXICO SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)MEXICO SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)MEXICO SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    12. United States
    13. UNITED STATES SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)UNITED STATES SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)UNITED STATES SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    14. UNITED STATES SMART MANUFACTURING MARKET SIZE, BY STATE, 2023 VS 2030 (%)UNITED STATES SMART MANUFACTURING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)UNITED STATES SMART MANUFACTURING MARKET SIZE, BY STATE, 2018-2030 (USD MILLION)
  10. Asia-Pacific Smart Manufacturing Market
    1. Introduction
    2. ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    3. ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)ASIA-PACIFIC SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Australia
    5. AUSTRALIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)AUSTRALIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)AUSTRALIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    6. China
    7. CHINA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)CHINA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)CHINA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    8. India
    9. INDIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)INDIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)INDIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    10. Indonesia
    11. INDONESIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)INDONESIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)INDONESIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    12. Japan
    13. JAPAN SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)JAPAN SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)JAPAN SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    14. Malaysia
    15. MALAYSIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)MALAYSIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)MALAYSIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    16. Philippines
    17. PHILIPPINES SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)PHILIPPINES SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)PHILIPPINES SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    18. Singapore
    19. SINGAPORE SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SINGAPORE SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SINGAPORE SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    20. South Korea
    21. SOUTH KOREA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SOUTH KOREA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SOUTH KOREA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    22. Taiwan
    23. TAIWAN SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)TAIWAN SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)TAIWAN SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    24. Thailand
    25. THAILAND SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)THAILAND SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)THAILAND SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    26. Vietnam
    27. VIETNAM SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)VIETNAM SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)VIETNAM SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
  11. Europe, Middle East & Africa Smart Manufacturing Market
    1. Introduction
    2. EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    3. EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)EUROPE, MIDDLE EAST & AFRICA SMART MANUFACTURING MARKET SIZE, BY COUNTRY, 2018-2030 (USD MILLION)
    4. Denmark
    5. DENMARK SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)DENMARK SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)DENMARK SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    6. Egypt
    7. EGYPT SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)EGYPT SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)EGYPT SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    8. Finland
    9. FINLAND SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)FINLAND SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)FINLAND SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    10. France
    11. FRANCE SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)FRANCE SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)FRANCE SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    12. Germany
    13. GERMANY SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)GERMANY SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)GERMANY SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    14. Israel
    15. ISRAEL SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)ISRAEL SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)ISRAEL SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    16. Italy
    17. ITALY SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)ITALY SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)ITALY SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    18. Netherlands
    19. NETHERLANDS SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)NETHERLANDS SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)NETHERLANDS SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    20. Nigeria
    21. NIGERIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)NIGERIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)NIGERIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    22. Norway
    23. NORWAY SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)NORWAY SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)NORWAY SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    24. Poland
    25. POLAND SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)POLAND SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)POLAND SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    26. Qatar
    27. QATAR SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)QATAR SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)QATAR SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    28. Russia
    29. RUSSIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)RUSSIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)RUSSIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    30. Saudi Arabia
    31. SAUDI ARABIA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SAUDI ARABIA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SAUDI ARABIA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    32. South Africa
    33. SOUTH AFRICA SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SOUTH AFRICA SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SOUTH AFRICA SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    34. Spain
    35. SPAIN SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SPAIN SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SPAIN SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    36. Sweden
    37. SWEDEN SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SWEDEN SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SWEDEN SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    38. Switzerland
    39. SWITZERLAND SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)SWITZERLAND SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)SWITZERLAND SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    40. Turkey
    41. TURKEY SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)TURKEY SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)TURKEY SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    42. United Arab Emirates
    43. UNITED ARAB EMIRATES SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)UNITED ARAB EMIRATES SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)UNITED ARAB EMIRATES SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
    44. United Kingdom
    45. UNITED KINGDOM SMART MANUFACTURING MARKET SIZE, BY TECHNOLOGY, 2018-2030 (USD MILLION)UNITED KINGDOM SMART MANUFACTURING MARKET SIZE, BY COMPONENT, 2018-2030 (USD MILLION)UNITED KINGDOM SMART MANUFACTURING MARKET SIZE, BY END USER, 2018-2030 (USD MILLION)
  12. Competitive Landscape
    1. FPNV Positioning MatrixSMART MANUFACTURING MARKET, FPNV POSITIONING MATRIX, 2023SMART MANUFACTURING MARKET, FPNV POSITIONING MATRIX, 2023
    2. Market Share Analysis, By Key PlayerSMART MANUFACTURING MARKET SHARE, BY KEY PLAYER, 2023SMART MANUFACTURING MARKET SHARE, BY KEY PLAYER, 2023
    3. Competitive Scenario Analysis, By Key Player
      1. RIC Technology Launches New Automated Robotic Arm Construction 3D Printer
      2. Mitsubishi Corporation Invests in ThinkIQ to Drive Digital Transformation for the Manufacturing Industry
      3. Smart Robotic Automation Solutions From ABB To Support Sustainability Targets For Volvo Cars
  13. Competitive Portfolio
    1. Key Company Profiles
      1. 3D Systems Corporation
      2. ABB Ltd.
      3. Altair Engineering, Inc.
      4. Andea Solutions Sp. z o.o.
      5. Augury Inc.
      6. Bright Machines, Inc.
      7. Cisco Systems, Inc.
      8. Cognex Corporation
      9. Emerson Electric Co.
      10. Epicor Software Corporation
      11. Fanuc Corporation
      12. Fruitcore Robotics GmbH
      13. Fujitsu Limited
      14. General Electric Company
      15. General Vision Inc.
      16. Honeywell International Inc.
      17. International Business Machines Corporation
      18. Mitsubishi Electric Corporation
      19. Nvidia Corporation
      20. Oracle Corporation
      21. Path Robotics, Inc.
      22. Progress Software Corporation
      23. Rockwell Automation, Inc.
      24. SAP SE
      25. Schneider Electric SE
      26. Siemens AG
      27. SparkCognition, Inc.
      28. Stratasys Ltd.
      29. Telefonaktiebolaget LM Ericsson
      30. Texas Instruments Incorporated
      31. Xometry Europe GmbH
      32. Yokogawa Electric Corporation
    2. Key Product Portfolio
  1. 3D Systems Corporation
  2. ABB Ltd.
  3. Altair Engineering, Inc.
  4. Andea Solutions Sp. z o.o.
  5. Augury Inc.
  6. Bright Machines, Inc.
  7. Cisco Systems, Inc.
  8. Cognex Corporation
  9. Emerson Electric Co.
  10. Epicor Software Corporation
  11. Fanuc Corporation
  12. Fruitcore Robotics GmbH
  13. Fujitsu Limited
  14. General Electric Company
  15. General Vision Inc.
  16. Honeywell International Inc.
  17. International Business Machines Corporation
  18. Mitsubishi Electric Corporation
  19. Nvidia Corporation
  20. Oracle Corporation
  21. Path Robotics, Inc.
  22. Progress Software Corporation
  23. Rockwell Automation, Inc.
  24. SAP SE
  25. Schneider Electric SE
  26. Siemens AG
  27. SparkCognition, Inc.
  28. Stratasys Ltd.
  29. Telefonaktiebolaget LM Ericsson
  30. Texas Instruments Incorporated
  31. Xometry Europe GmbH
  32. Yokogawa Electric Corporation
GET A FREE SAMPLE
This FREE sample includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.
Frequently Asked Questions about the Smart Manufacturing Market
The Global Smart Manufacturing Market size was estimated at USD 207.02 billion in 2023 and expected to reach USD 226.50 billion in 2024.
The Global Smart Manufacturing Market to grow USD 491.40 billion by 2030, at a CAGR of 13.14%
Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
We are approaching our 7th anniversary in 2024!
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
Absolutely yes, with the purchase of additional user licenses.
Absolutely yes, so long as the 360iResearch cited correctly.