Smart Manufacturing Platform Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The smart manufacturing platform enables the utilization of interconnected machinery for carrying out automated production of the manufacturing entity. These manufacturing entities may be discrete industries such as automotive or process industries such as chemicals and oil and gas. Smart manufacturing reduces the production downtime while significantly improving the efficiency of operation. This results in enhanced productivity and long-term cost benefits.

MARKET DYNAMICS

The smart manufacturing platform market is anticipated to grow in the forecast period owing to the introduction of industry 4.0 and increasing need for streamlined and automated data. Besides, support for industrial automation from the government is expected to fuel the growth of the smart manufacturing platform market. However, a lack of skilled workforce for IoT may hinder market growth. On the other hand, the advances in cloud technologies are likely to showcase growth opportunities for the smart manufacturing platform market.

MARKET SCOPE

The "Global Smart Manufacturing Platform Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of smart manufacturing platform market with detailed market segmentation by type, deployment, application, end-use industry and geography. The global smart manufacturing platform market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart manufacturing platform market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global smart manufacturing platform market is segmented on the basis of type, deployment, application and end-use industry. Based on type, the market is segmented as AEP, device management and connectivity management. By deployment, the market is segmented into cloud-based and on-premises. On the basis of the application, the market is segmented as process manufacturing and discrete manufacturing. The market on the basis of the end-use industry is classified as automotive, aerospace & defense, electronics & semiconductor, food & beverages, oil & gas, power & energy, chemicals & materials, healthcare & pharmaceuticals and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart manufacturing platform market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart manufacturing platform market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting smart manufacturing platform market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the smart manufacturing platform market in these regions.

Smart Manufacturing Platform Market Report Analysis

Smart Manufacturing Platform Market

• 
  CAGR (2023 - 2031)

  XX%
• Market Size 2023
  US$ XX Million
• Market Size 2031
  US$ XX Million

Report Coverage

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope

• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis

• Industry landscape and competition analysis & recent developments
• Detailed company profiles

• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

• ABB Group
• Emerson Electric Co.
• Fujitsu Limited
• Hitachi Consulting Corporation
• IBM Corporation
• Microsoft
• SAP SE
• Schneider Electric
• Siemens AG

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

By Type

• AEP
• Device Management
• Connectivity Management

By Deployment

• Cloud-Based
• On-Premises

By Application

• Process Manufacturing
• Discrete Manufacturing

By End-Use Industry

• Automotive
• Aerospace and Defense
• Electronics and Semiconductor
• Food and Beverages
• Oil and Gas
• Power and Energy
• Chemicals and Materials
• Healthcare and Pharmaceuticals

MARKET PLAYERS

The reports cover key developments in the smart manufacturing platform market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from smart manufacturing platform market are anticipated to lucrative growth opportunities in the future with the rising demand for smart manufacturing platform in the global market. Below mentioned is the list of few companies engaged in the smart manufacturing platform market.

The report also includes the profiles of key smart manufacturing platform companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years

• ABB Group
• Emerson Electric Co.
• Fujitsu Limited
• Hitachi Consulting Corporation
• IBM Corporation
• Microsoft
• SAP SE
• Schneider Electric
• Siemens AG
• Telit

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Smart Manufacturing Platform Market Report Scope