The global smart manufacturing market size was USD 262.51 billion in 2023, calculated at USD 304.51 billion in 2024 and is expected to reach around USD 1,343.32 billion by 2034, expanding at a CAGR of 16% from 2024 to 2034.
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Smart Manufacturing Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Smart Manufacturing Market
5.1. Covid-19: Smart Manufacturing Industry Impact
5.2. Smart Manufacturing Business Impact Assessment: Covid-19
5.2.1. Supply Chain Challenges/Disruption
5.2.2. Market Trends and Smart Manufacturing Opportunities in the COVID-19 Landscape
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Smart Manufacturing Vendors to deal with Covid-19 Pandemic Scenario
Chapter 6. Smart Manufacturing Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Increasing Penetration of Internet of Things (IoT)
6.1.1.2. Rising Demand for Automation
6.1.2. Market Restraints
6.1.2.1. Rising Concern for Security
6.1.3. Market Opportunities
6.1.3.1. Government Support & Initiatives for Digitization in Industrial Sector
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Global Smart Manufacturing Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Smart Manufacturing Market Revenue by Vendor
7.1.1.2. Smart Manufacturing Market Revenue Market Share by Vendor
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Regional Expansion, Product Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Smart Manufacturing Market, By Technology
8.1. Smart Manufacturing Market, by Technology, 2024-2034
8.1.1. Programmable Logic Controller
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Machine Execution Systems
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Enterprise Resource Planning
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Discrete Control Systems
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. SCADA
8.1.5.1. Market Revenue and Forecast (2021-2034)
8.1.6. Human Machine Interface
8.1.6.1. Market Revenue and Forecast (2021-2034)
8.1.7. 3D Printing
8.1.7.1. Market Revenue and Forecast (2021-2034)
8.1.8. Machine Vision
8.1.8.1. Market Revenue and Forecast (2021-2034)
8.1.9. Plant Asset Management
8.1.9.1. Market Revenue and Forecast (2021-2034)
8.1.10. Product Lifecycle Management
8.1.10.1. Market Revenue and Forecast (2021-2034)
Chapter 9. Global Smart Manufacturing Market, By Component
9.1. Smart Manufacturing Market, by Component, 2024-2034
9.1.1. Software
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Hardware
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Services
9.1.3.1. Market Revenue and Forecast (2021-2034)
Chapter 10. Global Smart Manufacturing Market, By End-use
10.1. Smart Manufacturing Market, by End-use, 2024-2034
10.1.1. Aerospace & Defense
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Automotive
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Chemicals & Materials
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Industrial Equipment
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Healthcare
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Electronics
10.1.6.1. Market Revenue and Forecast (2021-2034)
10.1.7. Oil & Gas
10.1.7.1. Market Revenue and Forecast (2021-2034)
10.1.8. Food & Agriculture
10.1.8.1. Market Revenue and Forecast (2021-2034)
10.1.9. Others
10.1.9.1. Market Revenue and Forecast (2021-2034)
Chapter 11. Global Smart Manufacturing Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Technology (2021-2034)
11.1.2. Market Revenue Forecast by Component (2021-2034)
11.1.3. Market Revenue Forecast by End-use (2021-2034)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2021-2034)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2021-2034)
11.2. Europe
11.2.1. Market Revenue Forecast by Technology (2021-2034)
11.2.2. Market Revenue Forecast by Component (2021-2034)
11.2.3. Market Revenue Forecast by End-use (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2021-2034)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2021-2034)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Technology (2021-2034)
11.3.2. Market Revenue Forecast by Component (2021-2034)
11.3.3. Market Revenue Forecast by End-use (2021-2034)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2021-2034)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2021-2034)
11.4. LATAM
11.4.1. Market Revenue Forecast by Technology (2021-2034)
11.4.2. Market Revenue Forecast by Component (2021-2034)
11.4.3. Market Revenue Forecast by End-use (2021-2034)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2021-2034)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2021-2034)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Technology (2021-2034)
11.5.2. Market Revenue Forecast by Component (2021-2034)
11.5.3. Market Revenue Forecast by End-use (2021-2034)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2021-2034)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2021-2034)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2021-2034)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2021-2034)
Chapter 12. Company Profiles
12.1. Emerson Electric Co.
12.1.1. Company Overview, Business Information, Geographical Reach
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Application
12.1.3. Revenue, Price and Gross Margin
12.1.4. Recent Developments and Strategies
12.2. ABB Ltd.
12.2.1. Company Overview, Business Information, Geographical Reach
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Application
12.2.3. Revenue, Price and Gross Margin
12.2.4. Recent Developments and Strategies
12.3. Fanuc Corporation
12.3.1. Company Overview, Business Information, Geographical Reach
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Application
12.3.3. Revenue, Price and Gross Margin
12.3.4. Recent Developments and Strategies
12.4. Honeywell International, Inc.
12.4.1. Company Overview, Business Information, Geographical Reach
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Application
12.4.3. Revenue, Price and Gross Margin
12.4.4. Recent Developments and Strategies
12.5. General Electric Co.
12.5.1. Company Overview, Business Information, Geographical Reach
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Application
12.5.3. Revenue, Price and Gross Margin
12.5.4. Recent Developments and Strategies
12.6. Mitsubishi Electric Corporation
12.6.1. Company Overview, Business Information, Geographical Reach
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Application
12.6.3. Revenue, Price and Gross Margin
12.6.4. Recent Developments and Strategies
12.7. Rockwell Automation, Inc.
12.7.1. Company Overview, Business Information, Geographical Reach
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Application
12.7.3. Revenue, Price and Gross Margin
12.7.4. Recent Developments and Strategies
12.8. Robert Bosch GmbH
12.8.1. Company Overview, Business Information, Geographical Reach
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Application
12.8.3. Revenue, Price and Gross Margin
12.8.4. Recent Developments and Strategies
12.9. Schneider Electric SE
12.9.1. Company Overview, Business Information, Geographical Reach
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Application
12.9.3. Revenue, Price and Gross Margin
12.9.4. Recent Developments and Strategies
12.10. Yokogawa Electric Corporation
12.10.1. Company Overview, Business Information, Geographical Reach
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Application
12.10.3. Revenue, Price and Gross Margin
12.10.4. Recent Developments and Strategies
12.11. Siemens AG
12.11.1. Company Overview, Business Information, Geographical Reach
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Application
12.11.3. Revenue, Price and Gross Margin
12.11.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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