The European smart manufacturing market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include rise in end-use industries, such as chemical, automotive, and healthcare. The smart manufacturing market is classified on the basis of component, technology, and end-use industry. Based on component, the market is bifurcated into hardware and software & services. Based on technology, the market is segmented into PLC, SCADA, machine vision, DCS, PLM, and others. Based on end-use industry, the market is segregated into healthcare, automotive, aerospace & defense, oil & gas, food & beverages, and others. Among these end-use industries, the automobile industry is contributing significantly in the market growth. This growth is attributed to the significant adoption of automation in automotive industry, which is considerably transforming research, design and manufacturing processes in the industry.
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Geographically, European smart manufacturing market is segmented into Germany, UK, France, Italy, Spain, and rest of Europe. UK contributed the significant share in the European smart manufacturing market. The growth is owing to the advanced in the industrial infrastructure. Germany and France have a world-class industrial sector providing a stable platform for the growth of the smart manufacturing market in the respective countries. Apart from the major European countries, Switzerland, the Netherlands, Denmark, Norway Ireland, Hungary, and Belgium are some other countries of Europe that are providing a significant contribution to the growth of the smart manufacturing market.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
Inc., and others
European Smart Manufacturing Market – Segmentation
By Component
- Hardware
- Software & Services
By Technology
- Programmable Logic Controller (PLC)
- Supervisory Controller and Data Acquisition (SCADA)
- Machine Vision
- Distributed Control System (DCS)
- Product Lifecycle Management (PLM)
- Others (3D Printing)
By End-Use Industry
- Healthcare
- Automotive
- Aerospace & Defense
- Oil & Gas
- Food & Beverages
- Others (Chemical and Metals and Mining)
European Smart Manufacturing Market – Segmentation
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
The Report covers:
- Comprehensive research methodology of the European smart manufacturing market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European smart manufacturing market.
- Insights about market determinants which are stimulating the European market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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