Market Size – USD 200.98 billion in 2019, Market Growth - CAGR of 12.3%, Market Trends – Implementation of Industrial IoT in manufacturing

Smart Manufacturing Market Size, Share, Key Players, Growth Trend, and Forecast, 2021–2027

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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 latest report, titled ‘Global Smart Manufacturing Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Smart Manufacturing market scenario. The research report provides the reader with an in-depth interpretation of the Smart Manufacturing market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Smart Manufacturing industry.\

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 The leading market contenders listed in the report are:

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

Key reasons to buy the Global Smart Manufacturing Market report:

The report offers an insightful analysis of the regional outlook of the market.

It offers a detailed account of the end-use applications of the products services offered by this industry.

The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

The latest report comprehensively studies the global Smart Manufacturing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.

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 Market Segmentations of the Smart Manufacturing Market

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

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

Artificial Intelligence (AI) in manufacturing

Augmented Reality and Virtual Reality in manufacturing

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

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 Regional Outlook of the Smart Manufacturing Market

The global Smart Manufacturing market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Smart Manufacturing market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

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