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Global Smart Manufacturing Market Research Report 2024
Synopsis
Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
The global Smart Manufacturing market was valued at US$ 203530 million in 2023 and is anticipated to reach US$ 397120 million by 2030, witnessing a CAGR of 9.9% during the forecast period 2024-2030.
The main Smart Manufacturing players include GE, ABB, Siemens, SAP, Schneider, etc. The top five Smart Manufacturing players account for approximately 47% of the total global market. North America is the largest consumer market for Smart Manufacturing accounting for about 24%, followed by Europe and China. In terms of Type, Instrumentation & Field Devices is the largest segment with a share of 43%. And in terms of Applications, the largest segment is Automotive, followed by Aerospace & Defense.
This report aims to provide a comprehensive presentation of the global market for Smart Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Manufacturing.
Report Scope
The Smart Manufacturing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Manufacturing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Manufacturing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
ABB
Siemens
SAP
Schneider
Emerson
Oracle
IBM
Honeywell
Cisco
Rockwell
Yokogawa
Fanuc
NVIDIA
Keyence
Cognex
Stratatys
3D Systems
Daifuku
Segment by Type
Manufacturing IT
Automation Control System
Instrumentation & Field Devices
Segment by Application
Automotive
Aerospace & Defense
Chemicals & Materials
Healthcare
Industrial Equipment
Electronics
Oil & Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Manufacturing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
The global Smart Manufacturing market was valued at US$ 203530 million in 2023 and is anticipated to reach US$ 397120 million by 2030, witnessing a CAGR of 9.9% during the forecast period 2024-2030.
The main Smart Manufacturing players include GE, ABB, Siemens, SAP, Schneider, etc. The top five Smart Manufacturing players account for approximately 47% of the total global market. North America is the largest consumer market for Smart Manufacturing accounting for about 24%, followed by Europe and China. In terms of Type, Instrumentation & Field Devices is the largest segment with a share of 43%. And in terms of Applications, the largest segment is Automotive, followed by Aerospace & Defense.
This report aims to provide a comprehensive presentation of the global market for Smart Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Manufacturing.
Report Scope
The Smart Manufacturing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Manufacturing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Manufacturing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
ABB
Siemens
SAP
Schneider
Emerson
Oracle
IBM
Honeywell
Cisco
Rockwell
Yokogawa
Fanuc
NVIDIA
Keyence
Cognex
Stratatys
3D Systems
Daifuku
Segment by Type
Manufacturing IT
Automation Control System
Instrumentation & Field Devices
Segment by Application
Automotive
Aerospace & Defense
Chemicals & Materials
Healthcare
Industrial Equipment
Electronics
Oil & Gas
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Manufacturing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Manufacturing Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Manufacturing IT
1.2.3 Automation Control System
1.2.4 Instrumentation & Field Devices
1.3 Market by Application
1.3.1 Global Smart Manufacturing Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automotive
1.3.3 Aerospace & Defense
1.3.4 Chemicals & Materials
1.3.5 Healthcare
1.3.6 Industrial Equipment
1.3.7 Electronics
1.3.8 Oil & Gas
1.3.9 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Manufacturing Market Perspective (2019-2030)
2.2 Smart Manufacturing Growth Trends by Region
2.2.1 Global Smart Manufacturing Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Manufacturing Historic Market Size by Region (2019-2024)
2.2.3 Smart Manufacturing Forecasted Market Size by Region (2025-2030)
2.3 Smart Manufacturing Market Dynamics
2.3.1 Smart Manufacturing Industry Trends
2.3.2 Smart Manufacturing Market Drivers
2.3.3 Smart Manufacturing Market Challenges
2.3.4 Smart Manufacturing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Manufacturing Players by Revenue
3.1.1 Global Top Smart Manufacturing Players by Revenue (2019-2024)
3.1.2 Global Smart Manufacturing Revenue Market Share by Players (2019-2024)
3.2 Global Smart Manufacturing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Manufacturing Revenue
3.4 Global Smart Manufacturing Market Concentration Ratio
3.4.1 Global Smart Manufacturing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Manufacturing Revenue in 2023
3.5 Smart Manufacturing Key Players Head office and Area Served
3.6 Key Players Smart Manufacturing Product Solution and Service
3.7 Date of Enter into Smart Manufacturing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Manufacturing Breakdown Data by Type
4.1 Global Smart Manufacturing Historic Market Size by Type (2019-2024)
4.2 Global Smart Manufacturing Forecasted Market Size by Type (2025-2030)
5 Smart Manufacturing Breakdown Data by Application
5.1 Global Smart Manufacturing Historic Market Size by Application (2019-2024)
5.2 Global Smart Manufacturing Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Manufacturing Market Size (2019-2030)
6.2 North America Smart Manufacturing Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Manufacturing Market Size by Country (2019-2024)
6.4 North America Smart Manufacturing Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Manufacturing Market Size (2019-2030)
7.2 Europe Smart Manufacturing Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Manufacturing Market Size by Country (2019-2024)
7.4 Europe Smart Manufacturing Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Manufacturing Market Size (2019-2030)
8.2 Asia-Pacific Smart Manufacturing Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Manufacturing Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Manufacturing Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Manufacturing Market Size (2019-2030)
9.2 Latin America Smart Manufacturing Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Manufacturing Market Size by Country (2019-2024)
9.4 Latin America Smart Manufacturing Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Manufacturing Market Size (2019-2030)
10.2 Middle East & Africa Smart Manufacturing Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Manufacturing Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Manufacturing Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE
11.1.1 GE Company Detail
11.1.2 GE Business Overview
11.1.3 GE Smart Manufacturing Introduction
11.1.4 GE Revenue in Smart Manufacturing Business (2019-2024)
11.1.5 GE Recent Development
11.2 ABB
11.2.1 ABB Company Detail
11.2.2 ABB Business Overview
11.2.3 ABB Smart Manufacturing Introduction
11.2.4 ABB Revenue in Smart Manufacturing Business (2019-2024)
11.2.5 ABB Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Smart Manufacturing Introduction
11.3.4 Siemens Revenue in Smart Manufacturing Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 SAP
11.4.1 SAP Company Detail
11.4.2 SAP Business Overview
11.4.3 SAP Smart Manufacturing Introduction
11.4.4 SAP Revenue in Smart Manufacturing Business (2019-2024)
11.4.5 SAP Recent Development
11.5 Schneider
11.5.1 Schneider Company Detail
11.5.2 Schneider Business Overview
11.5.3 Schneider Smart Manufacturing Introduction
11.5.4 Schneider Revenue in Smart Manufacturing Business (2019-2024)
11.5.5 Schneider Recent Development
11.6 Emerson
11.6.1 Emerson Company Detail
11.6.2 Emerson Business Overview
11.6.3 Emerson Smart Manufacturing Introduction
11.6.4 Emerson Revenue in Smart Manufacturing Business (2019-2024)
11.6.5 Emerson Recent Development
11.7 Oracle
11.7.1 Oracle Company Detail
11.7.2 Oracle Business Overview
11.7.3 Oracle Smart Manufacturing Introduction
11.7.4 Oracle Revenue in Smart Manufacturing Business (2019-2024)
11.7.5 Oracle Recent Development
11.8 IBM
11.8.1 IBM Company Detail
11.8.2 IBM Business Overview
11.8.3 IBM Smart Manufacturing Introduction
11.8.4 IBM Revenue in Smart Manufacturing Business (2019-2024)
11.8.5 IBM Recent Development
11.9 Honeywell
11.9.1 Honeywell Company Detail
11.9.2 Honeywell Business Overview
11.9.3 Honeywell Smart Manufacturing Introduction
11.9.4 Honeywell Revenue in Smart Manufacturing Business (2019-2024)
11.9.5 Honeywell Recent Development
11.10 Cisco
11.10.1 Cisco Company Detail
11.10.2 Cisco Business Overview
11.10.3 Cisco Smart Manufacturing Introduction
11.10.4 Cisco Revenue in Smart Manufacturing Business (2019-2024)
11.10.5 Cisco Recent Development
11.11 Rockwell
11.11.1 Rockwell Company Detail
11.11.2 Rockwell Business Overview
11.11.3 Rockwell Smart Manufacturing Introduction
11.11.4 Rockwell Revenue in Smart Manufacturing Business (2019-2024)
11.11.5 Rockwell Recent Development
11.12 Yokogawa
11.12.1 Yokogawa Company Detail
11.12.2 Yokogawa Business Overview
11.12.3 Yokogawa Smart Manufacturing Introduction
11.12.4 Yokogawa Revenue in Smart Manufacturing Business (2019-2024)
11.12.5 Yokogawa Recent Development
11.13 Fanuc
11.13.1 Fanuc Company Detail
11.13.2 Fanuc Business Overview
11.13.3 Fanuc Smart Manufacturing Introduction
11.13.4 Fanuc Revenue in Smart Manufacturing Business (2019-2024)
11.13.5 Fanuc Recent Development
11.14 NVIDIA
11.14.1 NVIDIA Company Detail
11.14.2 NVIDIA Business Overview
11.14.3 NVIDIA Smart Manufacturing Introduction
11.14.4 NVIDIA Revenue in Smart Manufacturing Business (2019-2024)
11.14.5 NVIDIA Recent Development
11.15 Keyence
11.15.1 Keyence Company Detail
11.15.2 Keyence Business Overview
11.15.3 Keyence Smart Manufacturing Introduction
11.15.4 Keyence Revenue in Smart Manufacturing Business (2019-2024)
11.15.5 Keyence Recent Development
11.16 Cognex
11.16.1 Cognex Company Detail
11.16.2 Cognex Business Overview
11.16.3 Cognex Smart Manufacturing Introduction
11.16.4 Cognex Revenue in Smart Manufacturing Business (2019-2024)
11.16.5 Cognex Recent Development
11.17 Stratatys
11.17.1 Stratatys Company Detail
11.17.2 Stratatys Business Overview
11.17.3 Stratatys Smart Manufacturing Introduction
11.17.4 Stratatys Revenue in Smart Manufacturing Business (2019-2024)
11.17.5 Stratatys Recent Development
11.18 3D Systems
11.18.1 3D Systems Company Detail
11.18.2 3D Systems Business Overview
11.18.3 3D Systems Smart Manufacturing Introduction
11.18.4 3D Systems Revenue in Smart Manufacturing Business (2019-2024)
11.18.5 3D Systems Recent Development
11.19 Daifuku
11.19.1 Daifuku Company Detail
11.19.2 Daifuku Business Overview
11.19.3 Daifuku Smart Manufacturing Introduction
11.19.4 Daifuku Revenue in Smart Manufacturing Business (2019-2024)
11.19.5 Daifuku Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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