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Smart Manufacturing Market Projected to Witness a Double-Digit CAGR During 2021 – 2027

The global Smart Manufacturing Market will be worth USD 484.97 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of digital technologies across all major industries, including food & beverage, petrochemicals, automotive, aerospace & defense, and energy & power. The rising need to eliminate human & machine errors, enhanced asset efficiency and production quality has increased the adoption of digitized supply chain management solutions.

The Global Smart Manufacturing Market Research Report published by Emergen Research is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

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Key Players operating in the industry are:

IBM, ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, Emerson Electric, Cisco

Radical Features of the Smart Manufacturing Market Report:

  • An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently

  • The report encompasses Smart Manufacturing market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements

  • Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies

  • Supply chain analysis along with technological advancements offered in the report

  • The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Smart Manufacturing industry

Segmentation:

  • Information Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Manufacturing Execution System

    • Human-Machine Interface

    • Warehouse Management System

    • Plant Asset Management

    • Industrial Communication

    • Enterprise Manufacturing Intelligence

    • Product lifecycle Management

    • Others


  • Enabling Technology Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Industrial Robotics

    • Machine Vision

    • Industrial 3D printing

    • Industrial Internet of Things (IIoT)

    • Artificial Intelligence (AI) in manufacturing

    • Blockchain in manufacturing

    • Augmented Reality and Virtual Reality in manufacturing

    • Others


  • Industry Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

    • Energy & Power

    • Aerospace & Defense

    • Pharmaceuticals

    • Automotive

    • Food & Beverage

    • Semiconductor & electronics

    • Oil & Gas

    • Chemicals

    • Others


Regional Analysis Covers:

  • North America (U.S., Canada)

  • Europe (U.K., Italy, Germany, France, Rest of EU)

  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)

  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Thank you for reading our report. To request a customization or for further inquiries, kindly get in touch with us. Our team will ensure the report is tailored meet to your needs.

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

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