Dec 18, 2018   SOURCE: BusinessWire

Global Smart Manufacturing Industry Size - Segmented by Technology (PLC, SCADA, ERP), Components (Control Device, Robotics, Communication Segment), End-user and Region (2018-2023) - ResearchAndMarkets.com

The "Global Smart Manufacturing Industry Size - Segmented by Technology (PLC, SCADA, ERP), Components (Control Device, Robotics, Communication Segment), End-user, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Smart Manufacturing Market was valued at USD 119.68 billion in 2017, expected to register a CAGR of 9.84%, over the forecast period (2018-2023).

The continuous growth in the adoption of analytical solutions, and the growing concentration on cost reduction and business process proficiency, is expected to boost the smart manufacturing market. The market also has lucrative prospects, as leading players are offering a technologically advanced solution to small and medium-sized businesses (SMBs). The new solutions are garnering a positive image, as they are specifically designed to overcome the modern-day production challenges.

The ability to ensure maximum efficiency, and efficient utilization of resources, is the major differentiator of smart manufacturing technologies. Consequently, increasing number of manufacturers are using these technologies for setting standards, for effective trade-off decisions, maintenance, operation, risk assessment, control, logistic, business, and operation.

Key Highlights

  • Increasing Deployment of IoT Systems in Manufacturing Leads to Growth of Smart Manufacturing
  • PLC Systems Contribute to Reduce Down Time in Manufacturing Scenario
  • High Growth in Canada Market and Factors for Growth

Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Insights

5. Market Dynamics

6. Segmentation

7. Segmentation By Region

8. Smart Manufacturing Market Company Profiles

9. Investment Analysis

10. Future of the Market

Companies Profiled

  • ABB Ltd.
  • Emerson Electric Company
  • Fanuc Corp
  • General Electric Company
  • Honeywell International Inc.
  • Texas Instruments Inc.
  • Mitsubishi Electric Corporation
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens Corporation
  • Yokogawa Electric Corporation

For more information about this report visit https://www.researchandmarkets.com/research/j487d4/global_smart?w=4