Smart Manufacturing Market 2018-2023 by Key Regions, Manufacturers, Production, Consumption, Revenue, Opportunities

Smart Manufacturing

Smart Manufacturing Market covers worldwide information and accurate data about Smart Manufacturing Industry, with a complete study of market-based on market drivers, market challenges, future trends. Smart Manufacturing market also provides analysis by type, application, regions, manufacturers, technology, new entrants, raw materials analysis, manufacturing process.

Global Smart Manufacturing market is projected to reach a CAGR of 18.78% between 2018 and 2023.

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Top Manufacturers in Smart Manufacturing Market: – ABB Ltd., John Deere, Honeywell International Inc., Fanuc Corp, Mitsubishi Electric, Emerson Electric Company, Rockwell Automation Inc., Schneider Electric, General Electric Company, Robert Bosch GmbH, Siemens AG, Yokogawa Electric Corporationand many more.

Smart Manufacturing Market Dynamics

  • Drivers
    – Proliferation of Internet of Things
    – Increasing demand for automation to achieve efficiency and quality
    – Need for compliance and government support for digitization
  • Restraints
    – Concerns regarding data security

    Key Developments in the Smart Manufacturing Market:

  • November 2017 – Yokogawa Electric Corporation announced the release of an enhanced version of the STARDOM network-based control system, in the first quarter of fiscal year 2018. This new version of the STARDOM system is expected toinclude a new E2 bus interface module that has been developed for use in FCN-500 autonomous controller extension units
  • November 2017 – Schneider Electric launched a new service designed to help industrial manufacturers modernize their programmable logic control (PLC) systems safely. By reducing downtime and disruption to the operation, the service may provide an easier migration to the company’s Modicon M580 programmable automation controllers
  • September 2017 – Siemens and Fair Friend Enterprise Co entered into a partnership. The aim of the extended partnership was to consolidate the integration of the Siemens Digital Enterprise Suite across the Taiwanese business, and to integrate innovative Siemens digitalization and automation technologies into FFGs machine tools and machine tool technologies

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    Geographical Regions: – US,Canada, UK, Germany, China, India, Japan, Brazil, Mexico

    Reasons to Purchase Smart Manufacturing Market Report Covered:

    • The report examines how Smart Manufacturing market will develop in the future.
    • Studying various views of the Smart Manufacturing market with the help of Porter’s five forces analysis.
    • Analyzing the product type that is probably to control the market and regions that are likely to witness the fastest development during the forecast period
    • Identify the new developments, Smart Manufacturing market shares and strategies employed by the key market players.
    • Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
    • Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Smart Manufacturing market players

    Price of Report: $ 4250 (Single User Licence)

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    Smart Manufacturing Market drives a strong trend of R&D investments in this industry. Other growth drivers include the need to curtail costs, growth and increased use of shifting commodity prices, the strength of private label brands and increased competition from players in Smart Manufacturing market.