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Smart Manufacturing Market | Acumen Research and Consulting

Smart Manufacturing Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Published : Aug 2023

Report ID: ARC307

Pages : 250

Format : Smart Manufacturing Market Size - Global Industry, Share, Analysis, Trends and Forecast 2023 - 2032

Summary Table of Content Customization Download Sample Infographics

CHAPTER 1. Industry Overview of Smart Manufacturing Market

1.1. Definition and Scope

1.1.1. Definition of Smart Manufacturing

1.1.2. Market Segmentation

1.1.3. Years Considered for the Study

1.1.4. Assumptions and Acronyms Used

1.1.4.1. Market Assumptions and Market Forecast

1.1.4.2. Acronyms Used in Global Smart Manufacturing Market

1.2. Summary

1.2.1. Executive Summary 

1.2.2. Smart Manufacturing Market By Component

1.2.3. Smart Manufacturing Market By Technology

1.2.4. Smart Manufacturing Market By End-User Industry

1.2.5. Smart Manufacturing Market By Region

CHAPTER 2. Research Approach

2.1. Methodology 

2.1.1. Research Programs

2.1.2. Market Size Estimation

2.1.3. Market Breakdown and Data Triangulation

2.2. Data Source

2.2.1. Secondary Sources

2.2.2. Primary Sources

CHAPTER 3. Market Dynamics And Competition Analysis

3.1. Market Drivers

3.1.1. Driver 1

3.1.2. Driver 2

3.2. Restraints and Challenges

3.2.1. Restraint 1

3.2.2. Restraint 2

3.3. Growth Opportunities

3.3.1. Opportunity 1

3.3.2. Opportunity 2 

3.4. Porter’s Five Forces Analysis

3.4.1. Bargaining Power of Suppliers

3.4.2. Bargaining Power of Buyers

3.4.3. Threat of Substitute

3.4.4. Threat of New Entrants

3.4.5. Degree of Competition

3.5. Market Concentration Ratio and Market Maturity Analysis of Smart Manufacturing Market

3.5.1. Go To Market Strategy

3.5.1.1. Introduction

3.5.1.2. Growth

3.5.1.3. Maturity

3.5.1.4. Saturation

3.5.1.5. Possible Development

3.6. Technological Roadmap for Smart Manufacturing Market

3.7. Value Chain Analysis

3.7.1. List of Key Manufacturers 

3.7.2. List of Customers

3.7.3. Level of Integration

3.8. Cost Structure Analysis

3.8.1. Price Trend of Key Raw Materials

3.8.2. Raw Material Suppliers

3.8.3. Proportion of Manufacturing Cost Structure

3.8.3.1. Raw Material

3.8.3.2. Labor Cost

3.8.3.3. Manufacturing Expense

3.9. Regulatory Compliance

3.10. Competitive Landscape, 2022

3.10.1. Player Positioning Analysis

3.10.2. Key Strategies Adopted By Leading Players

CHAPTER 4. Manufacturing Plant Analysis

4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022

4.2. R&D Status of Major Manufacturers in 2022

CHAPTER 5. Smart Manufacturing Market By Component

5.1. Introduction

5.2. Smart Manufacturing Revenue By Component

5.2.1. Smart Manufacturing Revenue (USD Billion) and Forecast, By Component, 2020-2032

5.2.2. Hardware

5.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.3. Software

5.2.3.1. Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

5.2.4. Services

5.2.4.1. Services Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 6. Smart Manufacturing Market By Technology

6.1. Introduction

6.2. Smart Manufacturing Revenue By Technology

6.2.1. Smart Manufacturing Revenue (USD Billion) and Forecast, By Technology, 2020-2032

6.2.2. Machine Execution Systems

6.2.2.1. Machine Execution Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.3. Programmable Logic Controller

6.2.3.1. Programmable Logic Controller Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.4. Enterprise Resource Planning

6.2.4.1. Enterprise Resource Planning Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.5. SCADA

6.2.5.1. SCADA Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.6. Discrete Control Systems

6.2.6.1. Discrete Control Systems Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.7. Human Machine Interface

6.2.7.1. Human Machine Interface Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.8. Machine Vision

6.2.8.1. Machine Vision Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.9. 3D Printing

6.2.9.1. 3D Printing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.10. Product Lifecycle Management

6.2.10.1. Product Lifecycle Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

6.2.11. Plant Asset Management

6.2.11.1. Plant Asset Management Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 7. Smart Manufacturing Market By End-Use Industry

7.1. Introduction

7.2. Smart Manufacturing Revenue By End-Use Industry

7.2.1. Smart Manufacturing Revenue (USD Billion) and Forecast, By End-Use Industry, 2020-2032

7.2.2. Automotive

7.2.2.1. Automotive Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.3. Aerospace

7.2.3.1. Aerospace Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.4. Building & Construction

7.2.4.1. Building & Construction Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.5. Industrial Machinery

7.2.5.1. Industrial Machinery Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.6. Home Appliances

7.2.6.1. Home Appliances Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.7. Lawn and Garden

7.2.7.1. Lawn and Garden Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.8. Motors and Pumps

7.2.8.1. Motors and Pumps Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.9. Furniture

7.2.9.1. Furniture Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.10. Plumbing Products

7.2.10.1. Plumbing Products Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

7.2.11. Others

7.2.11.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032

CHAPTER 8. North America Smart Manufacturing Market By Country 

8.1. North America Smart Manufacturing Market Overview

8.2. U.S.

8.2.1. U.S. Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

8.2.2. U.S. Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.2.3. U.S. Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

8.3. Canada

8.3.1. Canada Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

8.3.2. Canada Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

8.3.3. Canada Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

8.4. North America PEST Analysis

CHAPTER 9. Europe Smart Manufacturing Market By Country

9.1. Europe Smart Manufacturing Market Overview

9.2. U.K.

9.2.1. U.K. Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

9.2.2. U.K. Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.2.3. U.K. Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

9.3. Germany

9.3.1. Germany Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

9.3.2. Germany Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.3.3. Germany Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

9.4. France

9.4.1. France Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

9.4.2. France Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.4.3. France Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

9.5. Spain

9.5.1. Spain Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

9.5.2. Spain Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.5.3. Spain Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

9.6. Rest of Europe

9.6.1. Rest of Europe Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

9.6.2. Rest of Europe Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

9.6.3. Rest of Europe Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

9.7. Europe PEST Analysis

CHAPTER 10. Asia Pacific Smart Manufacturing Market By Country

10.1. Asia Pacific Smart Manufacturing Market Overview

10.2. China

10.2.1. China Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.2.2. China Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.2.3. China Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.3. Japan

10.3.1. Japan Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.3.2. Japan Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.3.3. Japan Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.4. India

10.4.1. India Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.4.2. India Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.4.3. India Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.5. Australia

10.5.1. Australia Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.5.2. Australia Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.5.3. Australia Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.6. South Korea

10.6.1. South Korea Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.6.2. South Korea Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.6.3. South Korea Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.7. Rest of Asia-Pacific

10.7.1. Rest of Asia-Pacific Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

10.7.2. Rest of Asia-Pacific Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

10.7.3. Rest of Asia-Pacific Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

10.8. Asia Pacific PEST Analysis

CHAPTER 11. Latin America Smart Manufacturing Market By Country

11.1. Latin America Smart Manufacturing Market Overview

11.2. Brazil

11.2.1. Brazil Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

11.2.2. Brazil Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.2.3. Brazil Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

11.3. Mexico

11.3.1. Mexico Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

11.3.2. Mexico Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.3.3. Mexico Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

11.4. Rest of Latin America

11.4.1. Rest of Latin America Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

11.4.2. Rest of Latin America Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

11.4.3. Rest of Latin America Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

11.5. Latin America PEST Analysis

CHAPTER 12. Middle East & Africa Smart Manufacturing Market By Country 

12.1. Middle East & Africa Smart Manufacturing Market Overview

12.2. GCC

12.2.1. GCC Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

12.2.2. GCC Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.2.3. GCC Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

12.3. South Africa

12.3.1. South Africa Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

12.3.2. South Africa Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.3.3. South Africa Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

12.4. Rest of Middle East & Africa

12.4.1. Rest of Middle East & Africa Smart Manufacturing Revenue (USD Billion) and Forecast By Component, 2020-2032

12.4.2. Rest of Middle East & Africa Smart Manufacturing Revenue (USD Billion) and Forecast By Technology, 2020-2032

12.4.3. Rest of Middle East & Africa Smart Manufacturing Revenue (USD Billion) and Forecast By End-Use Industry, 2020-2032

12.5. Middle East & Africa PEST Analysis

CHAPTER 13. Player Analysis Of Smart Manufacturing Market

13.1. Smart Manufacturing Market Company Share Analysis

13.2. Competition Matrix

13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment

13.2.2. New Product Launches and Product Enhancements

13.2.3. Mergers And Acquisition In Global Smart Manufacturing Market

13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements

CHAPTER 14. Company Profile

14.1. ABB Ltd.

14.1.1. Company Snapshot

14.1.2. Business Overview

14.1.3. Financial Overview

14.1.3.1. Revenue (USD Billion), 2022

14.1.3.2. ABB Ltd. 2022 Smart Manufacturing Business Regional Distribution

14.1.4. Product /Service and Specification

14.1.5. Recent Developments & Business Strategy

14.2. Schneider Electric

14.3. Siemens AG

14.4. General Electric Company

14.5. Emerson Electric Company

14.6. Mitsubishi Electric

14.7. Yokogawa Electric Corporation

14.8. Honeywell International Inc.

14.9. FANUC Corporation

14.10. Rockwell Automation Inc.

Frequently Asked Questions

How big is the smart manufacturing market?

The smart manufacturing market size was USD 227.8 billion in 2022.

What is the CAGR of the global smart manufacturing market from 2023 to 2032?

The CAGR of smart manufacturing is 15.8% during the analysis period of 2023 to 2032.

Which are the key players in the smart manufacturing market?

The key players operating in the global market are including ABB Ltd., Schneider Electric, Siemens AG, General Electric Company, Emerson Electric Company, Mitsubishi Electric, Yokogawa Electric Corporation, Honeywell International Inc., FANUC Corporation, and Rockwell Automation Inc.

Which region dominated the global smart manufacturing market share?

Asia-Pacific held the dominating position in smart manufacturing industry during the analysis period of 2023 to 2032.

Which region registered fastest CAGR from 2023 to 2032?

Asia-Pacific region exhibited fastest growing CAGR for market of smart manufacturing during the analysis period of 2023 to 2032.

What are the current trends and dynamics in the global smart manufacturing industry?

The current trends and dynamics in the smart manufacturing industry include increasing demand for automation, quality, and efficiency, rising government involvement in supporting smart manufacturing, and need for compliance and government support for digitization t.

Which component held the maximum share in 2022?

The hardware component held the maximum share of the smart manufacturing industry.

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