The Smart Manufacturing Market is projected to reach USD 491.40 billion by 2030 from USD 190.09 billion in 2022, at a CAGR of 12.60% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Smart Manufacturing Market.

  • Based on Technology, market is studied across 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, and SCADA. The Discrete Control Systems commanded largest market share of 19.21% in 2022, followed by Enterprise Resource Planning.

  • Based on Component, market is studied across Hardware, Services, and Software. The Hardware commanded largest market share of 40.35% in 2022, followed by Services.

  • Based on End User, market is studied across Aerospace & Defence, Agriculture, Automotive, Chemical & Materials, Food & Beverage, Mining, Oil & Gas, Pharmaceutical, and Semiconductor. The Automotive commanded largest market share of 21.11% in 2022, followed by Chemical & Materials.

  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.34% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Smart Manufacturing Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Smart Manufacturing Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

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, 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.

The report offers valuable insights on the following aspects:

  1. Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: 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 for the Smart Manufacturing Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Smart Manufacturing Market?
  3. What is the competitive strategic window for identifying opportunities in the Smart Manufacturing Market?
  4. What are the latest technology trends and regulatory frameworks in the Smart Manufacturing Market?
  5. What is the market share of the leading vendors in the Smart Manufacturing Market?
  6. Which modes and strategic moves are suitable for entering the Smart Manufacturing Market?