A recent report published by Infinium Global Research on the smart manufacturing market provides in-depth analysis of segments and sub-segments in the global as well as regional smart manufacturing market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional smart manufacturing market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global smart manufacturing market. According to the report, the global smart manufacturing market is projected to grow at a CAGR of 14% over the forecast period of 2018-2024.
The report on global smart manufacturing market covers segments such as technology, component, and end-user. On the basis of technology, the sub-markets include a programmable logic controller, machine execution systems, discrete control systems, SCADA, product lifecycle management, enterprise resource planning, human-machine interface, plant asset management, machine vision, 3D printing, and others. On the basis of the component, the sub-markets include hardware, services, and software. On the basis of end-user, the sub-markets include semiconductor, oil and gas, automotive, food and beverage, chemical and materials, mining, aerospace and defense, pharmaceutical, agriculture, and others.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region, as it is the largest market in this region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.
The report provides profiles of the companies in the market such as ABB Ltd, FANUC CORPORATION, Honeywell International Inc., Texas Instruments Incorporated, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Yokogawa Electric Corporation, Siemens AG, Emerson Electric Co., and Schneider Electric SE.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of smart manufacturing market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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