 Global Smart Manufacturing Market Size, Status and Forecast 2019-2025
      Global Smart Manufacturing Market Size, Status and Forecast 2019-2025Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
The growing emphasis on increasing production efficiency and gaining visibility across the entire value chain are the two major factors driving market growth. In addition, the availability of advanced technologies such as 3D printing, Manufacturing Execution Systems (MES), and plant asset management solutions to small and medium enterprises is further accelerating the industry growth.
Automotive and aerospace & defense industries are the leading growth avenues for smart manufacturing solution providers with industries such as oil and gas and industrial equipment manufacturing rapidly scaling their digitalization efforts. 
While cost reduction and manufacturing intelligence are the primary targets of industry players, product quality, sustainability, and compliance are gaining prominence in the industry. The return on investments in smart manufacturing is one of the key promoters of the market with numerous manufacturers having reported quantifiable benefits including energy efficiency, reduction in safety incidents, reduction in cycle times, and lower maintenance costs.
In 2018, the global Smart Manufacturing market size was 160 million US$ and it is expected to reach 300 million US$ by the end of 2025, with a CAGR of 9.9% during 2019-2025.
This report focuses on the global Smart Manufacturing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Manufacturing development in United States, Europe and China.
The key players covered in this study
    GE
    ABB
    Siemens
    SAP
    Schneider
    Emerson
    Oracle
    IBM
    Honeywell
    Cisco
    Rockwell
    Yokogawa
    Fanuc
    NVIDIA
    Keyence
    Cognex
    Stratatys
    3D Systems
    Daifuku
Market segment by Type, the product can be split into
    Manufacturing IT
    Automation Control System
    Instrumentation & Field Devices
Market segment by Application, split into
    Automotive
    Aerospace & Defense
    Chemicals & Materials
    Healthcare
    Industrial Equipment
    Electronics
    Oil & Gas
    Others
Market segment by Regions/Countries, this report covers
    United States
    Europe
    China
    Japan
    Southeast Asia
    India
    Central & South America
The study objectives of this report are:
    To analyze global Smart Manufacturing status, future forecast, growth opportunity, key market and key players.
    To present the Smart Manufacturing development in United States, Europe and China.
    To strategically profile the key players and comprehensively analyze their development plan and strategies.
    To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Smart Manufacturing are as follows:
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary: 
Get latest Market Research Reports on Smart Manufacturing . Industry analysis & Market Report on Smart Manufacturing  is a syndicated market report, published as Global Smart Manufacturing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Smart Manufacturing  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.