Smart Manufacturing Market size was valued at USD 340.75 Bn. in 2023 and the total Smart Manufacturingrevenue is expected to grow at 13.7 % from 2024 to 2030, reaching nearly USD 837.08 Bn.Smart Manufacturing Market Overview:
Smart manufacturing (SM) is a technology-driven strategy that monitors the manufacturing process using Internet-connected equipment. The purpose of SM is to explore possibilities for automating activities and improving manufacturing performance using data analytics. The Industrial Internet of Things is a specialized use of SM (IIoT). Sensors are embedded in industrial equipment to collect data on their operational state and performance throughout the deployment. Traditionally, the information was often stored in local databases on individual devices and was only utilized to determine the cause of equipment breakdown after they occurred.To know about the Research Methodology :- Request Free Sample Report The report explores the Smart Manufacturing market's segments (Component, Deployment, Enterprises Size, Industry, Enabling Technology, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2023. The report investigates the Smart Manufacturing market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Smart Manufacturing market's contemporary competitive scenario.Smart Manufacturing Market Dynamics:
Increasing the Government's engagement in Smart Manufacturing Supports is the key driver for the smart manufacturing market. Governments around the world are becoming more aware of the huge potential of smart manufacturing technologies, and as a result, they are supporting and funding research and development for smart technologies such as IIoT and industrial 3D printing. The governments of various regions are encouraging IIoT innovation because they anticipate becoming future consumers of the technology. They are funding new IoT research projects and implementations to construct and operate smart cities in the future. Governments all over the world are launching projects and sponsoring educational institutions, research institutes, and research and technology groups to further investigate the potential of 3D printing technology. Countries such as the United States, the United Kingdom, and Canada have established national initiatives to promote university-level 3D printing research, drive technological improvements, and start generating multiple startup businesses. The rise of novel uses for 3D printing has also piqued the interest of companies and governments all around the world. APAC countries' governments are aggressively pursuing projects and efforts to digitalize manufacturing plants. Deploying smart manufacturing systems involves major investments and expenditures is a key restraint for the market. Setup and installation of smart manufacturing technologies such as Enterprise Manufacturing Intelligence (EMI), Automated Guided Vehicles (AGVs), Warehouse Management System (WMS),HMI, and PAM require significant investments. This may restrain enterprises from using manufacturing systems.In an organization, EMI (Enterprise Manufacturing Intelligence) is used to enable real-time planning, control, and execution of processes to increase productivity and operational effectiveness of the organization; but, this comes at a certain cost. The high implementation cost of information and enabling technology systems is related to the need for consulting, purchase, and implementation of these systems and services. Smart manufacturing results in the deployment of modern smart manufacturing equipment, such as smart field devices and industrial robots. To interface with these devices, technologies such as voice commands, gesture recognition, and multitouch displays must be more advanced. This raises the system's cost even further.These technologies are still relatively costly and may impose additional financial pressure on businesses operating in price-sensitive regions. Rapid industrialization in developing countries is an opportunity for the Smart Manufacturing market. Companies from developed economies are trying to expand their businesses in emerging economies due to reduced labor costs and real estate prices. Additionally, growing industrialization in developing countries like China, India, Africa, Brazil, Mexico, and Indonesia has resulted in major investments in infrastructure development, attracting global businesses to set up manufacturing operations in these regions. These changes have generated a need for innovative and sophisticated logistics facilities to connect and manage supply chains. Increasing Cyber security threats are a major challenge for the Smart Manufacturing Market. Due to the massive rising incidences of viruses and hackers, increased cyber security threats pose a significant challenge for the smart manufacturing market. Malicious viruses affecting computer systems can tamper with vital information, resulting in a significant loss. If communication software systems do not include adequate security measures, the entire information flow may be interrupted. There is a growing reliance on web-based communication, and off-the-shelf IT solutions are widely employed across businesses. As a result, many industries are vulnerable to malware aimed at industrial systems.Smart Manufacturing Market Segment Analysis:
By Industry, The automotive industry segment is expected to grow at a CAGR of xx% during the forecast period because of evolving customer preferences and the inefficiencies of traditional processes.The increasing complexity of automotive manufacturing is due to shifting customer expectations, technological advancements, and the implementation of legislation related to the automotive sector. Automobiles are very complicated and technologically advanced accessories. They must be manufactured using advanced technological processes and techniques. Technological innovations such as electric and gas-powered vehicles cause infrastructural changes in the automotive industry; additionally, the latest machines and equipment replace the need for human operators in the majority of the automotive industry's critical processes, resulting in the adoption of smart manufacturing technologies. By Component Segment, the software segment is expected to grow at a CAGR of xx% during the forecast period. The software segment acts as the industry's backbone due to its key role in supporting complete automation. Advanced software assists in running AI, drones, and other technologies without human intervention, lowering the possibility of errors. The market may make significant improvements in development and research for newer and more versatile solutions with the aid of software. The hardware segment is expected to grow at xx % CAGR during the forecast period. To run, the advanced technology requires high-level and compatible hardware. Modern hardware is required for complex software to be executed. Manufacturing plants employ hardware that consumes less electricity while being flexible and capable of operating without human intervention. Modern hardware must also be IoT-compatible to help the industry standardize. By Industry, Discrete Industry is expected to grow rapidly due to the Demand for smart manufacturing solutions in this industry. Manufacturers are increasing the amount of automation allowed by AI, machine vision, real-time data analytics, and high-speed computing in the cloud and at the edge, thus discrete manufacturing is a rapidly moving industry. Through IIoT, these and other modern technologies connect the digital and physical worlds. Beginning with data gathering and processing at the edge, the Internet of Things (IoT) enables a wide range of sophisticated industrial operations at the core of the Fourth Industrial Revolution, or Industry 4.0. Additionally, Because of the increasing need for superior hardware in sectors such as mining and metals, chemicals, and pharmaceuticals, the product industry is expected to grow at a substantial GAGR rate.Smart Manufacturing Market Regional Insights:
The Latin Americanmarket is expected to grow at a considerable CAGR of 15.7%, during the forecast period. The Latin American market for innovation and automation is being rapidly penetrated, resulting in smart manufacturing becoming more prominent. Opportunities in smart manufacturing are rising since the current technology revolution has just recently begun in Latin America. The location is also near to and accessible to a variety of raw resources, which assists in smart manufacturing and drives the market growth. The APAC market is expected to grow at a CAGR of xx % during the forecast period. The rising demand for technological advancement due to increased AI in industries and increasing implementation of technology such as Industry 4.0, smart factory, IoT, and IIoT; and the increasing need to optimize productivity and reduce operational and maintenance costs are the major factors driving the growth of the APAC smart manufacturing market. Government support for industrialization in many APAC countries is one of the key elements that would increase demand for the smart manufacturing market. The governments in the region have adopted some efforts such as "Made in China 2025," in China, "Samarth Udyog Bharat 4.0," in India, etc. are likely to play significant roles in industrial advancement and, as a result, create growth opportunities for the smart manufacturing market. The objective of the report is to present a comprehensive analysis of the Smart Manufacturing market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Smart Manufacturing market dynamics, structure by analyzing the market segments and project the Smart Manufacturing market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Smart Manufacturing market make the report investor’s guide.Smart Manufacturing Industry Ecosystem
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Global Smart Manufacturing Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 340.75 Bn. Forecast Period 2024 to 2030 CAGR: 13.7 % Market Size in 2030: USD 837.08 Bn. Segments Covered: by Component Hardware Software Solution Industrial 3D Printing Programmable Logic Controller (PLC) Product Lifecycle Management (PLM) Manufacturing Execution System (MES) Robotic Process Automation (RPA) Remote Monitoring software Supervisory Controller and Data Acquisition (SCADA) Others (Energy Management Systems, Fleet Management Solutions, etc.) Services Professional Services Managed Services by Deployment Cloud On-Premises by Enterprises Size Large Enterprises Small & Medium Enterprises by Industry Process Industry Oil & Gas Food & Beverages Pharmaceuticals Chemicals Energy & Power Metals & Mining Pulp & Paper Others Discrete Industry Automotive Aerospace & Defense Semiconductor & Electronics Medical Devices Machine Manufacturing Others Mining Construction Oil & Gas Others by Enabling Technology Industrial 3D Printing AI in Manufacturing Industrial Cyber security Industrial Machine Vision Industrial Sensors Digital Twins Robots Automated Guided Vehicles Machine Condition Monitoring Artificial Reality & Virtual Reality 5G Industrial IoT Smart Manufacturing Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Smart Manufacturing Market, Key Players are
1. Schneider Electric SE 2. ABB Ltd. 3. Cognex Corporation 4. Siemens AG 5. Emerson Electric Co. 6. Cisco Systems, Inc. 7. PTC, Inc. 8. Amazon Web Services, Inc. 9. SAP SE 10. Robert Bosch 11. IBM 12. Honeywell International Inc. 13. Rockwell Automation 14. General Electric 15. Hitachi 16. Plex FAQs: 1. Which is the potential market for Smart Manufacturing in terms of the region? Ans. APAC market is the potential market for Smart Manufacturing in terms of region. 2. What are the opportunities for new market entrants? Ans. Rapid industrialization in developing countries is an opportunity for the Smart Manufacturing market. 3. What is expected to drive the growth of the Smart Manufacturing market in the forecast period? Ans. Increasing the Government's engagement in Smart Manufacturing Supports is the key driver for the smart manufacturing market. 4. What was the Global Smart Manufacturing Market size in 2023?? Ans. The Global Smart Manufacturing Market size was USD 340.75 Billion in 2023. 5. What segments are covered in the Smart Manufacturing Market report? Ans. The segments covered in the Smart Manufacturing Market report are Component, Deployment, Enterprises Size, Industry, Enabling Technology, and Region.
1. Smart Manufacturing Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Smart Manufacturing Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Market share analysis of major players 2.4. Key Players Benchmarking 2.4.1. Company Name 2.4.2. Business Segment 2.4.3. End-user Segment 2.4.4. Growth Rate (Y-O-Y %) 2.4.5. Revenue (2023) 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Consolidation of the Market 2.6.1. Strategic Initiatives and Developments 2.6.2. Mergers and Acquisitions 2.6.3. Collaborations and Partnerships 2.6.4. Product Launches and Innovations 2.7. Patent Analysis: 2.7.1. Top 10 Patent Holders 2.7.2. Top 10 Companies with Highest Number of Patents 2.7.3. Patent Registration Analysis 2.7.4. Number of Patents Granted Still 2024 2.7.5. Regional Analysis of Patents Granted 3. Global Smart Manufacturing Market: Dynamics 3.1. Smart Manufacturing Market Trends 3.2. Smart Manufacturing Market Dynamics 3.2.1. Drivers 3.2.2. Restraints 3.2.3. Opportunities 3.2.4. Challenges 3.3. Smart Manufacturing Industry Ecosystem 3.3.1. Key Players in the Smart Manufacturing Industry Ecosystem 3.3.2. Role of Companies in the Smart Manufacturing Industry Ecosystem 3.4. Supply Chain Analysis 3.5. Investment and Funding Scenario 3.6. Technology Roadmap 3.7. Regulatory Landscape 4. Global Smart Manufacturing Market Size and Forecast by Segments (by Value USD Billion) 4.1. Global Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 4.1.1. Hardware 4.1.2. Software 4.1.3. Solution 4.1.3.1. Industrial 3D Printing 4.1.3.2. Programmable Logic Controller (PLC) 4.1.3.3. Product Lifecycle Management (PLM) 4.1.3.4. Manufacturing Execution System (MES) 4.1.3.5. Robotic Process Automation (RPA) 4.1.3.6. Remote Monitoring software 4.1.3.7. Supervisory Controller and Data Acquisition (SCADA) 4.1.3.8. Others (Energy Management Systems, Fleet Management Solutions, etc.) 4.1.4. Services 4.1.4.1. Professional Services 4.1.4.2. Managed Services 4.2. Global Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 4.2.1. Cloud 4.2.2. On-Premises 4.3. Global Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 4.3.1. Large Enterprises 4.3.2. Small & Medium Enterprises 4.4. Global Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 4.4.1. Process Industry 4.4.1.1. Oil & Gas 4.4.1.2. Food & Beverages 4.4.1.3. Pharmaceuticals 4.4.1.4. Chemicals 4.4.1.5. Energy & Power 4.4.1.6. Metals & Mining 4.4.1.7. Pulp & Paper 4.4.1.8. Others 4.4.2. Discrete Industry 4.4.2.1. Automotive 4.4.2.2. Aerospace & Defense 4.4.2.3. Semiconductor & Electronics 4.4.2.4. Medical Devices 4.4.2.5. Machine Manufacturing 4.4.2.6. Mining 4.4.2.7. Construction 4.4.2.8. Oil & Gas 4.4.2.9. Others 4.5. Global Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 4.5.1. Industrial 3D Printing 4.5.2. AI in Manufacturing 4.5.3. Industrial Cyber security 4.5.4. Industrial Machine Vision 4.5.5. Industrial Sensors 4.5.6. Digital Twins 4.5.7. Robots 4.5.8. Automated Guided Vehicles 4.5.9. Machine Condition Monitoring 4.5.10. Artificial Reality & Virtual Reality 4.5.11. 5G Industrial IoT 4.6. Global Smart Manufacturing Market Size and Forecast, by Region (2023-2030) 4.6.1. North America 4.6.2. Europe 4.6.3. Asia Pacific 4.6.4. Middle East and Africa 4.6.5. South America 5. North America Smart Manufacturing Market Size and Forecast (by Value USD Billion) 5.1. North America Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 5.1.1. Hardware 5.1.2. Software 5.1.3. Solution 5.1.3.1. Industrial 3D Printing 5.1.3.2. Programmable Logic Controller (PLC) 5.1.3.3. Product Lifecycle Management (PLM) 5.1.3.4. Manufacturing Execution System (MES) 5.1.3.5. Robotic Process Automation (RPA) 5.1.3.6. Remote Monitoring software 5.1.3.7. Supervisory Controller and Data Acquisition(SCADA) 5.1.3.8. Others (Energy Management Systems, Fleet Management Solutions, etc.) 5.1.4. Services 5.1.4.1. Professional Services 5.1.4.2. Managed Services 5.2. North America Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 5.2.1. Cloud 5.2.2. On-Premises 5.3. North America Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 5.3.1. Large Enterprises 5.3.2. Small & Medium Enterprises 5.4. North America Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 5.4.1. Process Industry 5.4.1.1. Oil & Gas 5.4.1.2. Food & Beverages 5.4.1.3. Pharmaceuticals 5.4.1.4. Chemicals 5.4.1.5. Energy & Power 5.4.1.6. Metals & Mining 5.4.1.7. Pulp & Paper 5.4.1.8. Others 5.4.2. Discrete Industry 5.4.2.1. Automotive 5.4.2.2. Aerospace & Defense 5.4.2.3. Semiconductor & Electronics 5.4.2.4. Medical Devices 5.4.2.5. Machine Manufacturing 5.4.2.6. Mining 5.4.2.7. Construction 5.4.2.8. Oil & Gas 5.4.2.9. Others 5.5. North America Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 5.5.1. Industrial 3D Printing 5.5.2. AI in Manufacturing 5.5.3. Industrial Cyber security 5.5.4. Industrial Machine Vision 5.5.5. Industrial Sensors 5.5.6. Digital Twins 5.5.7. Robots 5.5.8. Automated Guided Vehicles 5.5.9. Machine Condition Monitoring 5.5.10. Artificial Reality & Virtual Reality 5.5.11. 5G Industrial IoT 5.6. North America Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 5.6.1. United States 5.6.1.1. United States Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 5.6.1.1.1. Hardware 5.6.1.1.2. Software 5.6.1.1.3. Solution 5.6.1.1.3.1. Industrial 3D Printing 5.6.1.1.3.2. Programmable Logic Controller (PLC) 5.6.1.1.3.3. Product Lifecycle Management (PLM) 5.6.1.1.3.4. Manufacturing Execution System (MES) 5.6.1.1.3.5. Robotic Process Automation (RPA) 5.6.1.1.3.6. Remote Monitoring software 5.6.1.1.3.7. Supervisory Controller and Data Acquisition(SCADA) 5.6.1.1.3.8. Others (Energy Management Systems, Fleet Management Solutions, etc.) 5.6.1.1.4. Services 5.6.1.1.4.1. Professional Services 5.6.1.1.4.2. Managed Services 5.6.1.2. United States Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 5.6.1.2.1. Cloud 5.6.1.2.2. On-Premises 5.6.1.3. United States Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 5.6.1.3.1. Large Enterprises 5.6.1.3.2. Small & Medium Enterprises 5.6.1.4. United States Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 5.6.1.4.1. Process Industry 5.6.1.4.1.1. Oil & Gas 5.6.1.4.1.2. Food & Beverages 5.6.1.4.1.3. Pharmaceuticals 5.6.1.4.1.4. Chemicals 5.6.1.4.1.5. Energy & Power 5.6.1.4.1.6. Metals & Mining 5.6.1.4.1.7. Pulp & Paper 5.6.1.4.1.8. Others 5.6.1.4.2. Discrete Industry 5.6.1.4.2.1. Automotive 5.6.1.4.2.2. Aerospace & Defense 5.6.1.4.2.3. Semiconductor & Electronics 5.6.1.4.2.4. Medical Devices 5.6.1.4.2.5. Machine Manufacturing 5.6.1.4.2.6. Mining 5.6.1.4.2.7. Construction 5.6.1.4.2.8. Oil & Gas 5.6.1.4.2.9. Others 5.6.1.5. United States Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 5.6.1.5.1. Industrial 3D Printing 5.6.1.5.2. AI in Manufacturing 5.6.1.5.3. Industrial Cyber security 5.6.1.5.4. Industrial Machine Vision 5.6.1.5.5. Industrial Sensors 5.6.1.5.6. Digital Twins 5.6.1.5.7. Robots 5.6.1.5.8. Automated Guided Vehicles 5.6.1.5.9. Machine Condition Monitoring 5.6.1.5.10. Artificial Reality & Virtual Reality 5.6.1.5.11. 5G Industrial IoT 5.6.2. Canada 5.6.2.1. Canada Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 5.6.2.1.1. Hardware 5.6.2.1.2. Software 5.6.2.1.3. Solution 5.6.2.1.3.1. Industrial 3D Printing 5.6.2.1.3.2. Programmable Logic Controller (PLC) 5.6.2.1.3.3. Product Lifecycle Management (PLM) 5.6.2.1.3.4. Manufacturing Execution System (MES) 5.6.2.1.3.5. Robotic Process Automation (RPA) 5.6.2.1.3.6. Remote Monitoring software 5.6.2.1.3.7. Supervisory Controller and Data Acquisition(SCADA) 5.6.2.1.3.8. Others (Energy Management Systems, Fleet Management Solutions, etc.) 5.6.2.1.4. Services 5.6.2.1.4.1. Professional Services 5.6.2.1.4.2. Managed Services 5.6.2.2. Canada Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 5.6.2.2.1. Cloud 5.6.2.2.2. On-Premises 5.6.2.3. Canada Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 5.6.2.3.1. Large Enterprises 5.6.2.3.2. Small & Medium Enterprises 5.6.2.4. Canada Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 5.6.2.4.1. Process Industry 5.6.2.4.1.1. Oil & Gas 5.6.2.4.1.2. Food & Beverages 5.6.2.4.1.3. Pharmaceuticals 5.6.2.4.1.4. Chemicals 5.6.2.4.1.5. Energy & Power 5.6.2.4.1.6. Metals & Mining 5.6.2.4.1.7. Pulp & Paper 5.6.2.4.1.8. Others 5.6.2.4.2. Discrete Industry 5.6.2.4.2.1. Automotive 5.6.2.4.2.2. Aerospace & Defense 5.6.2.4.2.3. Semiconductor & Electronics 5.6.2.4.2.4. Medical Devices 5.6.2.4.2.5. Machine Manufacturing 5.6.2.4.2.6. Mining 5.6.2.4.2.7. Construction 5.6.2.4.2.8. Oil & Gas 5.6.2.4.2.9. Others 5.6.2.5. Canada Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 5.6.2.5.1. Industrial 3D Printing 5.6.2.5.2. AI in Manufacturing 5.6.2.5.3. Industrial Cyber security 5.6.2.5.4. Industrial Machine Vision 5.6.2.5.5. Industrial Sensors 5.6.2.5.6. Digital Twins 5.6.2.5.7. Robots 5.6.2.5.8. Automated Guided Vehicles 5.6.2.5.9. Machine Condition Monitoring 5.6.2.5.10. Artificial Reality & Virtual Reality 5.6.2.5.11. 5G Industrial IoT 5.6.3. Mexico 5.6.3.1. Mexico Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 5.6.3.1.1. Hardware 5.6.3.1.2. Software 5.6.3.1.3. Solution 5.6.3.1.3.1. Industrial 3D Printing 5.6.3.1.3.2. Programmable Logic Controller (PLC) 5.6.3.1.3.3. Product Lifecycle Management (PLM) 5.6.3.1.3.4. Manufacturing Execution System (MES) 5.6.3.1.3.5. Robotic Process Automation (RPA) 5.6.3.1.3.6. Remote Monitoring software 5.6.3.1.3.7. Supervisory Controller and Data Acquisition(SCADA) 5.6.3.1.3.8. Others (Energy Management Systems, Fleet Management Solutions, etc.) 5.6.3.1.4. Services 5.6.3.1.4.1. Professional Services 5.6.3.1.4.2. Managed Services 5.6.3.2. Mexico Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 5.6.3.2.1. Cloud 5.6.3.2.2. On-Premises 5.6.3.3. Mexico Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 5.6.3.3.1. Large Enterprises 5.6.3.3.2. Small & Medium Enterprises 5.6.3.4. Mexico Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 5.6.3.4.1. Process Industry 5.6.3.4.1.1. Oil & Gas 5.6.3.4.1.2. Food & Beverages 5.6.3.4.1.3. Pharmaceuticals 5.6.3.4.1.4. Chemicals 5.6.3.4.1.5. Energy & Power 5.6.3.4.1.6. Metals & Mining 5.6.3.4.1.7. Pulp & Paper 5.6.3.4.1.8. Others 5.6.3.4.2. Discrete Industry 5.6.3.4.2.1. Automotive 5.6.3.4.2.2. Aerospace & Defense 5.6.3.4.2.3. Semiconductor & Electronics 5.6.3.4.2.4. Medical Devices 5.6.3.4.2.5. Machine Manufacturing 5.6.3.4.2.6. Mining 5.6.3.4.2.7. Construction 5.6.3.4.2.8. Oil & Gas 5.6.3.4.2.9. Others 5.6.3.5. Mexico Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 5.6.3.5.1. Industrial 3D Printing 5.6.3.5.2. AI in Manufacturing 5.6.3.5.3. Industrial Cyber security 5.6.3.5.4. Industrial Machine Vision 5.6.3.5.5. Industrial Sensors 5.6.3.5.6. Digital Twins 5.6.3.5.7. Robots 5.6.3.5.8. Automated Guided Vehicles 5.6.3.5.9. Machine Condition Monitoring 5.6.3.5.10. Artificial Reality & Virtual Reality 5.6.3.5.11. 5G Industrial IoT 6. Europe Smart Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 6.1. Europe Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.2. Europe Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.3. Europe Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.4. Europe Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.5. Europe Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6. Europe Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.1. United Kingdom 6.6.1.1. Europe Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.1.2. Europe Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.1.3. Europe Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.1.4. Europe Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.1.5. Europe Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.1.6. Europe Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.2. France 6.6.2.1. France Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.2.2. France Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.2.3. France Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.2.4. France Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.2.5. France Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.2.6. France Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.3. Germany 6.6.3.1. Germany Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.3.2. Germany Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.3.3. Germany Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.3.4. Germany Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.3.5. Germany Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.3.6. Germany Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.4. Italy 6.6.4.1. Italy Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.4.2. Italy Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.4.3. Italy Smart Manufacturing Market Size and Forecast, By Enterprises Size (2023-2030) 6.6.4.4. Italy Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.4.5. Italy Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.4.6. Italy Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.5. Spain 6.6.5.1. Spain Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.5.2. Spain Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.5.3. Spain Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.5.4. Spain Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.5.5. Spain Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.5.6. Spain Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.6. Sweden 6.6.6.1. Sweden Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.6.2. Sweden Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.6.3. Sweden Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.6.4. Sweden Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.6.5. Sweden Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.6.6. Sweden Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.7. Austria 6.6.7.1. Austria Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.7.2. Austria Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.7.3. Austria Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.7.4. Austria Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.7.5. Austria Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.7.6. Austria Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 6.6.8. Rest of Europe 6.6.8.1. Rest of Europe Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 6.6.8.2. Rest of Europe Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 6.6.8.3. Rest of Europe Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 6.6.8.4. Rest of Europe Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 6.6.8.5. Rest of Europe Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 6.6.8.6. Rest of Europe Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7. Asia Pacific Smart Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 7.1. Asia Pacific Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.2. Asia Pacific Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.3. Asia Pacific Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.4. Asia Pacific Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.5. Asia Pacific Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6. Asia Pacific Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.1. China 7.6.1.1. China Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.1.2. China Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.1.3. China Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.1.4. China Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.1.5. China Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.1.6. China Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.2. S Korea 7.6.2.1. S Korea Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.2.2. S Korea Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.2.3. S Korea Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.2.4. S Korea Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.2.5. S Korea Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.2.6. S Korea Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.3. Japan 7.6.3.1. Japan Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.3.2. Japan Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.3.3. Japan Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.3.4. Japan Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.3.5. Japan Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.3.6. Japan Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.4. India 7.6.4.1. India Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.4.2. India Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.4.3. India Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.4.4. India Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.4.5. India Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.4.6. India Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.5. Australia 7.6.5.1. Australia Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.5.2. Australia Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.5.3. Australia Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.5.4. Australia Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.5.5. Australia Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.5.6. Australia Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.6. ASEAN 7.6.6.1. ASEAN Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.6.2. ASEAN Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.6.3. ASEAN Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.6.4. ASEAN Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.6.5. ASEAN Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.6.6. ASEAN Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 7.6.7. Rest of Asia Pacific 7.6.7.1. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 7.6.7.2. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 7.6.7.3. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 7.6.7.4. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 7.6.7.5. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 7.6.7.6. Rest of Asia Pacific Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 8. South America Smart Manufacturing Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030) 8.1. South America Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 8.2. South America Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 8.3. South America Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 8.4. South America Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 8.5. South America Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 8.6. South America Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 8.6.1. Brazil 8.6.1.1. Brazil Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 8.6.1.2. Brazil Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 8.6.1.3. Brazil Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 8.6.1.4. Brazil Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 8.6.1.5. Brazil Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 8.6.1.6. Brazil Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 8.6.2. Argentina 8.6.2.1. Argentina Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 8.6.2.2. Argentina Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 8.6.2.3. Argentina Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 8.6.2.4. Argentina Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 8.6.2.5. Argentina Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 8.6.2.6. Argentina Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 8.6.3. Rest Of South America 8.6.3.1. Rest Of South America Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 8.6.3.2. Rest Of South America Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 8.6.3.3. Rest Of South America Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 8.6.3.4. Rest Of South America Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 8.6.3.5. Rest Of South America Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 8.6.3.6. Rest Of South America Smart Manufacturing Market Size and Forecast, by Country (2023-2030) 9. Middle East and Africa Smart Manufacturing Market Size and Forecast By Segmentation (By Value USD Bn) (2023-2030) 9.1. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 9.2. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 9.3. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 9.4. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 9.5. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 9.6. Middle East and Africa Smart Manufacturing Market Size and Forecast, By Country (2023-2030) 9.6.1. South Africa 9.6.1.1. South Africa Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 9.6.1.2. South Africa Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 9.6.1.3. South Africa Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 9.6.1.4. South Africa Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 9.6.1.5. South Africa Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 9.6.2. GCC 9.6.2.1. GCC Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 9.6.2.2. GCC Smart Manufacturing Market Size and Forecast, By Deployment (2023-2030) 9.6.2.3. GCC Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 9.6.2.4. GCC Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 9.6.2.5. GCC Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 9.6.3. Rest Of MEA 9.6.3.1. Rest Of MEA Smart Manufacturing Market Size and Forecast, By Component(2023-2030) 9.6.3.2. Rest Of MEA Smart Manufacturing Market Size and Forecast, By Deployment(2023-2030) 9.6.3.3. Rest Of MEA Smart Manufacturing Market Size and Forecast, By Enterprises Size(2023-2030) 9.6.3.4. Rest Of MEA Smart Manufacturing Market Size and Forecast, By Industry(2023-2030) 9.6.3.5. Rest Of MEA Smart Manufacturing Market Size and Forecast, By Enabling Technology (2023-2030) 10. Company Profile: Key players 10.1. Schneider Electric SE 10.1.1. Financial Overview 10.1.2. Business Portfolio 10.1.3. SWOT Analysis 10.1.4. Business Strategy 10.1.5. Recent Developments 10.2. ABB Ltd. 10.3. Cognex Corporation 10.4. Siemens AG 10.5. Emerson Electric Co. 10.6. Cisco Systems, Inc. 10.7. PTC, Inc. 10.8. Amazon Web Services, Inc. 10.9. SAP SE 10.10. Robert Bosch 10.11. IBM 10.12. Honeywell International Inc. 10.13. Rockwell Automation 10.14. General Electric 10.15. Hitachi 10.16. Plex 11. Key Findings 12. Analyst Recommendations 13. Global Smart Manufacturing Market: Research Methodology