1 INTRODUCTION 12
1.1 COVID-19 HEALTH ASSESSMENT 12
1.2 COVID-19 ECONOMIC ASSESSMENT 14
1.2.1 COVID-19 IMPACT ON ECONOMY?SCENARIO ASSESSMENT 15

2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Breakdown of primary interviews 20
2.1.2.2 Key data from primary sources 21
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 22
2.2.1.1 Approach for estimating market size by bottom-up approach (demand side) 22
2.2.2 TOP-DOWN APPROACH 23
2.2.2.1 Approach for estimating market size by top-down approach
(supply side) 23
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25

3 EXECUTIVE SUMMARY 26
3.1 PRE-COVID-19 27
3.2 REALISTIC SCENARIO 27
3.3 PESSIMISTIC SCENARIO 27
3.4 OPTIMISTIC SCENARIO 27

4 COVID-19 IMPACT ON SMART MANUFACTURING ECOSYSTEM 31
4.1 INTRODUCTION 31
4.1.1 SMART MANUFACTURING MARKET: SHIFT IN CLIENT’S
CLIENT BUSINESS ECOSYSTEM 32
4.2 IMPACT ON VALUE CHAIN 33
4.2.1 DISRUPTION IN SUPPLY CHAIN OF MANUFACTURING INDUSTRY 33
4.2.1.1 Supply chain disruption 34
4.2.1.2 Temporary shutdown of manufacturing units 34
4.2.1.3 Decrease in demand 35
4.2.2 COMPONENT MANUFACTURER ECOSYSTEM 35
4.2.3 SYSTEM INTEGRATOR ECOSYSTEM 35
4.3 STRATEGIES TO MINIMIZE IMPACT OF COVID-19 35
4.3.1 REAL-TIME VISIBILITY OF SUPPLY CHAIN 35
4.3.2 EFFECTIVE IMPLEMENTATION OF ENABLING TECHNOLOGIES 35
4.3.3 TEMPORARY SHIFT TO MANUFACTURING OF ESSENTIAL ITEMS 36
4.4 MACROECONOMIC INDICATORS, BY MAJOR COUNTRIES 36
4.5 MARKET DYNAMICS 37
4.5.1 DRIVERS 37
4.5.1.1 Demand for smart manufacturing solutions will be more in future than ever before 37
4.5.1.2 Fiscal policy steps taken by regional financial institutions to keep manufacturing facilities floating amidst COVID-19 crisis 37
4.5.1.3 China’s return to normalcy in the commercial trade market expected to lead positive market sentiments 38
4.5.1.4 Increase in use of digital twin to safely monitor smart
manufacturing operations 39
4.5.1.5 Collaborative robots to be crucial in healthcare industry to fight pandemic and drive smart manufacturing market 39
4.5.2 RESTRAINTS 39
4.5.2.1 Lack of trained personnel to handle smart manufacturing technologies during crises such as COVID-19 39
4.5.3 OPPORTUNITIES 39
4.5.3.1 Government aid to fight against COVID-19-induced economic crisis 39
4.5.4 CHALLENGES 40
4.5.4.1 Lockdown and social distancing will save lives but may restrict commercial trade growth in coming months 40
4.5.4.2 Trade restrictions imposed by US on China can further prove to be deteriorating for market 41

5 COVID-19 IMPACT ON SMART MANUFACTURING MARKET, BY TECHNOLOGY 42
5.1 INTRODUCTION 42
5.2 SMART MANUFACTURING MARKET, BY ENABLING TECHNOLOGY 42
5.2.1 COLLABORATIVE ROBOTS 43
5.2.2 DIGITAL TWIN 44
5.2.3 INDUSTRIAL 3D PRINTING 45
5.2.4 MACHINE CONDITION MONITORING 46
5.2.5 OTHERS 48
5.3 SMART MANUFACTURING MARKET, BY INFORMATION TECHNOLOGY 49
5.3.1 MANUFACTURING EXECUTION SYSTEM 50
5.3.2 PLANT ASSET MANAGEMENT 51
5.3.3 WAREHOUSE MANAGEMENT SYSTEM 52
5.3.4 OTHERS 53
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6 COVID-19 IMPACT ON SMART MANUFACTURING MARKET, BY INDUSTRY 55
6.1 INTRODUCTION 55
6.2 LEAST IMPACTED INDUSTRIES BY COVID-19 55
6.2.1 PHARMACEUTICALS 55
6.2.1.1 Impact analysis 55
6.2.2 MEDICAL DEVICES 57
6.2.2.1 Impact analysis 57
6.3 MOST IMPACTED INDUSTRIES BY COVID-19 58
6.3.1 AVIATION 58
6.3.1.1 Impact analysis 58
6.3.2 AUTOMOTIVE 59
6.3.2.1 Impact analysis 60
6.4 ESTIMATION OF SMART MANUFACTURING MARKET 61
6.5 PROCESS INDUSTRY 61
6.6 DISCRETE INDUSTRY 62

7 COVID-19 IMPACT ON SMART MANUFACTURING, BY GEOGRAPHY 65
7.1 INTRODUCTION 65
7.2 NORTH AMERICA 66
7.2.1 US 66
7.2.2 CANADA 67
7.3 EUROPE 69
7.3.1 GERMANY 69
7.3.2 UK 69
7.3.3 FRANCE 70
7.4 APAC 72
7.4.1 CHINA 72
7.4.2 JAPAN 72
7.4.3 SOUTH KOREA 73
7.5 ROW 75

8 COMPANY PROFILES 77
8.1 INTRODUCTION 77
(Business Overview and COVID-19-Related Developments)*
8.2 ABB 77
8.3 CISCO 78
8.4 EMERSON 79
8.5 FANUC 80
8.6 GE 81
8.7 HEWLETT PACKARD ENTERPRISE 82
8.8 HONEYWELL 83
8.9 IBM 84
8.10 INTEL 85
8.11 MICROSOFT CORPORATION 86
8.12 MITSUBISHI 87
8.13 ORACLE 88
8.14 PTC 89
8.15 ROCKWELL AUTOMATION 90
8.16 SAP 91
8.17 SCHNEIDER ELECTRIC 92
8.18 SIEMENS 93
8.19 STRATASYS 94
8.20 UNIVERSAL ROBOTS 95
8.21 YOKOGAWA 96
* Business Overview and COVID-19-Related Developments might not be captured in case of unlisted companies.
8.22 SHORT-TERM AND LONG-TERM STRATEGIES 97
8.22.1 SHORT-TERM STRATEGIES 97
8.22.1.1 Modify business-related strategies 97
8.22.1.2 Prioritize companies manufacturing essential goods 97
8.22.1.3 Prioritize health of employees 97
8.22.2 LONG-TERM STRATEGIES 98
8.22.2.1 Strengthening supply chain 98
8.22.2.2 Digitalization and migration toward industrial automation using smart manufacturing 98

9 APPENDIX 99
9.1 DISCUSSION GUIDE 99
9.2 KNOWLEDGE STORE 100
9.3 AVAILABLE CUSTOMIZATIONS 102
9.4 RELATED REPORTS 102
9.5 AUTHOR DETAILS 103