Title: Smart Manufacturing Market Size, Trends, Growth And Forecast 2032
1Smart Manufacturing Global Market Report 2024
Market Size, Trends and Global Forecast 2024-2033
2Smart Manufacturing Global Market Segments
The Business Research Company segments its Smart
Manufacturing market report as
By Component
Hardware, Software, Services
Machine Execution Systems (MES), Programmable
Logic Controller (PLC), Enterprise Resource
Planning (ERP), SCADA, Discrete Control Systems
(DCS), Machine Vision, 3D Printing, Other
Technologies
By Technology
Automotive, Aerospace and Defense, Chemicals and
Materials, Healthcare, Industrial Equipment,
Electronics, Food and Agriculture, Oil and Gas,
Other End-Users
By End-User
3Smart Manufacturing Market Statistics
The smart manufacturing market size has grown
rapidly in recent years. It will grow
from 362.79 billion in 2023 to 414.75 billion
in 2024 at a compound annual growth rate (CAGR)
of 14.3. It will grow to 713.44 billion in 2028
at a compound annual growth rate (CAGR) of
14.5.
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4Key Market Drivers And Trends
Drivers
The rising number of investments in Industry 4.0
is expected to drive the smart manufacturing
market going forward.
Trends
Technological advancement is a key trend gaining
popularity in the smart manufacturing market.
Region
North America was the largest region in the smart
manufacturing market share in 2023.
5Key Market Players
Major players in the Smart Manufacturing Global
Market are Siemens AG, General Electric
Company, Rockwell Automation, Schneider
Electric SE, Honeywell International Inc. And
more.
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