As the global economy recovers in 2021 and the supply of the industrial chain improves, the Smart Manufacturing market will undergo major changes. The Global Smart Manufacturing Market is expected to register a CAGR of 6.1% during the forecast period. The rise of Industry 4.0 and the IIoT has made the market more accessible, as it has become easier to turn machines in the manufacturing industry into a form of smart and connected. It has made manufacturing processes and stages available through one control center and wearables, increasing its accessibility, operational processes, and ease of use.

The global Smart Manufacturing industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.

The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Smart Manufacturing market during the next few years. The global Smart Manufacturing market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.

Highlights-Regions

The Smart Manufacturing market can be split based on product types, major applications, and important regions as follows:

North America
Europe
Asia Pacific
Latin America

Player list
ABB Ltd.
Emerson Electric Company
Fanuc Corporation
General Electric Company
Honeywell International Inc.

Types list
Machine Vision Systems
Control Device
Robotics
Communication Segment
Sensor
Other Components

Application list
Automotive
Semiconductors
Oil and Gas
Chemical and Petrochemical
Pharmaceutical
Aerospace and Defense
Food and Beverage
Metals and Mining
Other End-user Industries