The global Smart Manufacturing market size was valued at USD 2362 billion in 2020 and is projected to expand at a CAGR of 12% from 2021 to 2027. The industry is focused on ensuring that manufacturing processes integrate innovation and efficiency. It matures rapidly. The industry will adopt smart manufacturing practices in various areas. The need to increase productivity and improve visualization of the overall system are two major factors driving the market growth. Smart manufacturing has increased the adoption of digitization in various attributes of manufacturing companies’ entire supply chains.
A full report of Smart Manufacturing Market available at https://www.orionmarketreports.com/smart-manufacturing-market/27464/
Key Companies
• Siemens
• General Electric
• Rockwell Automation, Inc.
• Schneider Electric
• Honeywell International Inc.
• Emerson Electric
• Fanuc
Smart Manufacturing Market: Segmentation
By Component
• Industrial Robot
• Sensors
• 3D Printing
• Machine Vision
By Technology
• PLC
• MES
• PLM
• ERP
• HMI
• SCADA
• Others
By Industry
• Automotive
• Oil and Gas
• Chemical and Petrochemical
• Pharmaceutical
• Food and Beverage
• Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
