Meticulous Research®—leading global market research company published a research report titled ‘Smart Manufacturing Market by Technology (Robotics, AI, IIoT, Cloud, AR/VR), Application (Machine Inspection; Energy, Quality, and Warehouse Management; Planning, Surveillance, Optimization), End-Use Industry, and Geography - Global Forecast to 2029’.
According to this latest publication from Meticulous Research®, the smart manufacturing market is expected to grow at a CAGR of 21.5% from 2022–2029 to reach $446.24 billion by 2029. The growth of the smart manufacturing market is attributed to factors such as the increasing number of government initiatives to promote industrial automation, the rising number of investments in Industry 4.0, growing demand for safety regulation compliance, and high labor costs in developed economies. However, the high capital and operating expenses and a lack of standardization for technology platforms are some of the major factors restraining the growth of this market.
Scope of the Report:
Smart Manufacturing Market, By Technology
- Industrial Internet of Things
- Cloud Computing & Storage
- Robotics & Automation
- Robots
- Automated Storage and Retrieval Systems (ASRS) and Automatic Guided Vehicles (AGVS)
- Automated Assembly Lines
- Wearables & Mobile Devices
- Industrial Cybersecurity
- Additive Manufacturing
- Augmented Reality (AR)/Virtual Reality (VR)
- Digital Twin
- Artificial Intelligence
- Blockchain
Smart Manufacturing Market, By Application
- Surveillance & Safety
- Quality Management
- Resource Optimization
- Inventory & Warehouse Management
- Machine Inspection & Maintenance
- Production Planning
- Energy Management
Smart Manufacturing Market, By End-use Industry
- Automotive
- Heavy Machinery & Tools
- Aerospace & Defense
- Metals & Mining
- Electronics & Semiconductors
- Medical Devices
- Food & Beverage
- Pharmaceuticals
- Oil & Gas
- Fast-moving Consumer Goods (FMCG)
- Paints & Chemicals
- Energy & Power
- Pulp & Paper
- Other End-use Industries (Agriculture and Prefabricated Construction)
Smart Manufacturing Market, By Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia-Pacific
- Latin America
- Middle East & Africa
Key questions answered in the report:
- Which are the high growth market segments in terms of technology, application, end-use industry, and country/region?
- What is the historical market for smart manufacturing across the globe?
- What are the market forecasts and estimates for 2022–2029?
- What are the major drivers, restraints, and opportunities in the global smart manufacturing market?
- Who are the major players in the global smart manufacturing market, and what shares do they hold?
- Who are the major players in various countries, and what shares do they hold?
- How is the competitive landscape?
- What are the recent developments in the global smart manufacturing market?
- What are the different strategies adopted by the major players in the market?
- What are the geographic trends and high growth countries?
- Who are the local emerging players in the global smart manufacturing market, and how do they compete with the other players?
Key Players:
The key players operating in the global smart manufacturing market are Amazon Web Services, Inc. (U.S.), Robert Bosch Manufacturing Solutions GmbH (Germany), Cisco Systems, Inc. (U.S.), 3D Systems Corporation (U.S.), Plex Systems, Inc. (U.S.), Cognex Corporation (U.S.), PTC Inc. (U.S.), FANUC CORPORATION (Japan), SAP SE (Germany), Mitsubishi Electric Automation, Inc. (U.S.), Emerson Electric Co. (U.S.), Siemens AG (Germany), Schneider Electric SE (France), ABB Ltd (Switzerland), Hitachi, Ltd. (Japan), and Intel Corporation (U.S.).
Download Sample Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5265
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