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Smart Manufacturing Platform - Global Market Outlook (2017-2026)

Smart Manufacturing Platform - Global Market Outlook (2017-2026)

5.0 (36 reviews)
Published: June 2019 ID: SMRC18299
5.0 (36 reviews)
Published: June 2019 ID: SMRC18299

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Smart Manufacturing Platform Market is accounted for $3.09 billion in 2017 and is expected to reach $16.29 billion by 2026 growing at a CAGR of 20.3% during the forecast period. Some of the key factors influencing the market growth are rising government investments supporting industrial automation and increase in the adoption industry 4.0 solutions are the major factors boosting market growth. However, lack of skilled IoT workforce and frequent software upgrade are restraining the market growth.

Smart manufacturing platform is associated with the concept of smart manufacturing or Industry 4.0 that enables companies to connect to Industrial Internet of Things (IIoT) emphasizing on collecting, analyzing, and making use of as much data as possible, turn data insights into direct action, and create competitive advantage. Smart manufacturing platform usually finds its usability for performance optimization, asset management, condition monitoring, predictive maintenance, etc.

Based on Type, Device Management segment is expected to grow at a significant rate during the forecast period. The rise in automation is resulting in the increasing implementation of IoT devices in various industries. As many IoT deployments comprise hundreds of thousands to millions of devices, it becomes important to track, monitor, and manage connected device fleets. Device management platform enables users to track, monitor, and manage IoT devices.

By Geography, Asia Pacific region is anticipated to exhibit the considerable growth of the global Clean room lighting market. Asia Pacific is likely to be the fastest growing region for the smart manufacturing platform market in the coming years. Asia Pacific has become a global focal point for large investments and business expansions, thereby providing opportunities for the smart manufacturing platform market.

Some of the key players in Global Smart Manufacturing Platform market are 3d Systems, ABB, Cisco, Daifuku, Emerson, GE, Honeywell, IBM, Jbt, Oracle, Rockwell, Schneider, Siemens, Stratatys, and Yokogawa.

Applications Covered:
• Asset and Condition Monitoring
• Performance Optimization
• Other Applications

Types Covered:
• Application Enablement Platform
• Connectivity Management
• Device Management

Deployment Type Covered:
• Cloud
• On-Premises

Industry Covered:
• Discrete Industry
• Process Industry

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

• What our report offers:
o - Market share assessments for the regional and country level segments
o - Strategic recommendations for the new entrants
o - Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
o - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
o - Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
o - Strategic recommendations in key business segments based on the market estimations
o - Competitive landscaping mapping the key common trends
o - Company profiling with detailed strategies, financials, and recent developments
o - Supply chain trends mapping the latest technological advancements

• Free Customization Offerings:
o All the customers of this report will be entitled to receive one of the following free customization options:
o Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o  SWOT Analysis of key players (up to 3)
o  Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
o Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances.

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