Smart Manufacturing Market Analysis: By Component (Hardware, Software, Services), By Technology (Manufacturing Execution Systems, Programmable Logic Controllers, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human-Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, Plant Asset Management), By End-Use Industry (Automotive, Aerospace Defense, Chemicals Materials, Healthcare, Industrial Equipment, Electronics, Food Agriculture, Oil Gas), and By Region.
Smart manufacturing is revolutionizing industries worldwide by integrating advanced technologies such as Artificial Intelligence (AI), Industrial Internet of Things (IIoT), Robotics, and Big Data Analytics into production processes. This transformation is enhancing efficiency, reducing costs, and improving product quality. The global smart manufacturing market is projected to grow at a CAGR of 13.3% from 2024 to 2034, reaching a valuation of USD 1,090.42 billion by 2034, up from USD 312.82 billion in 2024.
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Technology Outlook:
Enterprise Resource Planning (ERP)
Machine Execution Systems
Programmable Logic Controller (PLC)
SCADA (Supervisory Control and Data Acquisition)
Discrete Control Systems (DCS)
Human Machine Interface (HMI)
Machine Vision
3D Printing
Product Lifecycle Management (PLM)
Plant Asset Management
End-Use Outlook:
Automotive
Aerospace Defense
Electronics
Industrial Equipment
