Smart Manufacturing Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global smart manufacturing market is expected to grow at a CAGR of around 9.4% during 2025-2034. This report on global smart manufacturing market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global smart manufacturing market by segmenting the market based on component, technology, deployment, enterprise size, end use, and region. Also, detailed profiles of companies operating in the smart manufacturing market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Increasing Government Involvement in Supporting Smart Manufacturing
• Rapid Industrial Growth in Emerging Economies
Market Challenges
• High Investments and Costs
• Threats related to Cybersecurity
Historical & Forecast Period
Base Year: 2024
Historical Period: 2020-2024
Forecast Period: 2025-2034
Market by Component
• Hardware
• Software
• Services
Market by Technology
• Machine Execution Systems
• Programmable Logic Controller
• Enterprise Resource Planning
• SCADA
• Discrete Control Systems
• Human Machine Interface
• Machine Vision
• 3D Printing
• Product Lifecycle Management
• Plant Asset Management
Market by Deployment
• Cloud
• On-premises
Market by Enterprise Size
• Large Enterprises
• Small and Medium Enterprises
Market by End Use
• Automotive
• Aerospace and Defense
• Chemicals and Materials
• Healthcare
• Industrial Equipment
• Electronics
• Food and Agriculture
• Oil and Gas
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Smart Manufacturing Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Smart Manufacturing Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Smart Manufacturing Market by Component
- 5.1. Introduction
- 5.2. Hardware
- 5.3. Software
- 5.4. Services
- 6. Global Smart Manufacturing Market by Technology
- 6.1. Introduction
- 6.2. Machine Execution Systems
- 6.3. Programmable Logic Controller
- 6.4. Enterprise Resource Planning
- 6.5. SCADA
- 6.6. Discrete Control Systems
- 6.7. Human Machine Interface
- 6.8. Machine Vision
- 6.9. 3D Printing
- 6.10. Product Lifecycle Management
- 6.11. Plant Asset Management
- 7. Global Smart Manufacturing Market by Deployment
- 7.1. Introduction
- 7.2. Cloud
- 7.3. On-premises
- 8. Global Smart Manufacturing Market by Enterprise Size
- 8.1. Introduction
- 8.2. Large Enterprises
- 8.3. Small and Medium Enterprises
- 9. Global Smart Manufacturing Market by End Use
- 9.1. Introduction
- 9.2. Automotive
- 9.3. Aerospace and Defense
- 9.4. Chemicals and Materials
- 9.5. Healthcare
- 9.6. Industrial Equipment
- 9.7. Electronics
- 9.8. Food and Agriculture
- 9.9. Oil and Gas
- 9.10. Others
- 10. Global Smart Manufacturing Market by Region
- 10.1 Introduction
- 10.2 Europe
- 10.2.1 Germany
- 10.2.2 United Kingdom
- 10.2.3 France
- 10.2.4 Italy
- 10.2.5 Spain
- 10.2.6 Russia
- 10.2.7 Netherlands
- 10.2.8 Rest of the Europe
- 10.3 North America
- 10.3.1 United States
- 10.3.2 Canada
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Indonesia
- 10.4.7 Rest of the Asia Pacific
- 10.5 Latin America
- 10.5.1 Mexico
- 10.5.2 Brazil
- 10.5.3 Argentina
- 10.5.4 Rest of Latin America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 Turkey
- 10.6.3 Iran
- 10.6.4 Rest of Middle East & Africa
- 11. SWOT Analysis
- 12. Porter’s Five Forces
- 13. Market Value Chain Analysis
- 14. Competitive Landscape
- 14.1 Competitive Scenario
- 14.2 Company Profiles
- 14.2.1 3D Systems Inc.
- 14.2.2 ABB Ltd.
- 14.2.3 Emerson Electric Co.
- 14.2.4 Fanuc Corporation
- 14.2.5 General Electric Company
- 14.2.6 Honeywell International Inc.
- 14.2.7 Mitsubishi Electric Corporation
- 14.2.8 Robert Bosch GmbH
- 14.2.9 Rockwell Automation Inc.
- 14.2.10 Schneider Electric SE
- 14.2.11 Siemens AG
- 14.2.12 Yokogawa Electric Corporation
- List of Figures
- Figure 1: Global Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 2: Global Smart Manufacturing Market by Component, 2024
- Figure 3: Global Smart Manufacturing Market by Technology, 2024
- Figure 4: Global Smart Manufacturing Market by Deployment Type, 2024
- Figure 5: Global Smart Manufacturing Market by Enterprise Size, 2024
- Figure 6: Global Smart Manufacturing Market by End Use, 2024
- Figure 7: Global Smart Manufacturing Market by Region, 2024
- Figure 8: Global Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 9: Global Smart Manufacturing Market by Component (in %), 2024 & 2034
- Figure 10: Global Hardware Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 11: Global Hardware Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 12: Global Software Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 13: Global Software Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 14: Global Services Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 15: Global Services Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 16: Global Smart Manufacturing Market by Technology (in %), 2024 & 2034
- Figure 17: Global Machine Execution Systems Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 18: Global Machine Execution Systems Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 19: Global Programmable Logic Controller Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 20: Global Programmable Logic Controller Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 21: Global Enterprise Resource Planning Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 22: Global Enterprise Resource Planning Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 23: Global SCADA Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 24: Global SCADA Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 25: Global Discrete Control Systems Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 26: Global Discrete Control Systems Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 27: Global Human Machine Interface Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 28: Global Human Machine Interface Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 29: Global Machine Vision Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 30: Global Machine Vision Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 31: Global 3D Printing Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 32: Global 3D Printing Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 33: Global Product Lifecycle Management Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 34: Global Product Lifecycle Management Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 35: Global Plant Asset Management Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 36: Global Plant Asset Management Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 37: Global Smart Manufacturing Market by Deployment (in %), 2024 & 2034
- Figure 38: Global Cloud Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 39: Global Cloud Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 40: Global On-premises Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 41: Global On-premises Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 42: Global Smart Manufacturing Market by Enterprise Size (in %), 2024 & 2034
- Figure 43: Global Large Enterprises Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 44: Global Large Enterprises Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 45: Global Small and Medium Enterprises Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 46: Global Small and Medium Enterprises Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 47: Global Smart Manufacturing Market by End Use (in %), 2024 & 2034
- Figure 48: Global Automotive Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 49: Global Automotive Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 50: Global Aerospace and Defense Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 51: Global Aerospace and Defense Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 52: Global Chemicals and Materials Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 53: Global Chemicals and Materials Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 54: Global Healthcare Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 55: Global Healthcare Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 56: Global Industrial Equipment Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 57: Global Industrial Equipment Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 58: Global Electronics Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 59: Global Electronics Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 60: Global Food and Agriculture Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 61: Global Food and Agriculture Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 62: Global Oil and Gas Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 63: Global Oil and Gas Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 64: Global Others Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 65: Global Others Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 66: Global Smart Manufacturing Market by Region (in %), 2024 & 2034
- Figure 67: Europe Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 68: Europe Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 69: Europe Smart Manufacturing Market by Country (in %), 2024 & 2034
- Figure 70: Germany Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 71: United Kingdom Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 72: France Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 73: Italy Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 74: Spain Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 75: Russia Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 76: Netherlands Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 77: North America Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 78: North America Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 79: North America Smart Manufacturing Market by Country (in %), 2024 & 2034
- Figure 80: United States Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 81: Canada Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 82: Asia Pacific Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 83: Asia Pacific Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 84: Asia Pacific Smart Manufacturing Market by Country (in %), 2024 & 2034
- Figure 85: China Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 86: Japan Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 87: India Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 88: South Korea Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 89: Australia Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 90: Indonesia Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 91: Latin America Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 92: Latin America Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 93: Latin America Smart Manufacturing Market by Country (in %), 2024 & 2034
- Figure 94: Mexico Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 95: Brazil Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 96: Argentina Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 97: Middle East & Africa Smart Manufacturing Market (in US$ Million), 2020-2024
- Figure 98: Middle East & Africa Smart Manufacturing Market (in US$ Million), 2025-2034
- Figure 99: Middle East & Africa Smart Manufacturing Market by Country (in %), 2024 & 2034
- Figure 100: Saudi Arabia Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 101: Turkey Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 102: Iran Smart Manufacturing Market (in US$ Million), 2020-2034
- Figure 103: Market Value Chain
- List of Tables
- Table 1: Global Smart Manufacturing Market Portraiture
- Table 2: Global Smart Manufacturing Market by Components (in US$ Million), 2024 & 2034
- Table 3: Global Smart Manufacturing Market by Technology (in US$ Million), 2024 & 2034
- Table 4: Global Smart Manufacturing Market by Deployment (in US$ Million), 2024 & 2034
- Table 5: Global Smart Manufacturing Market by Enterprise Size (in US$ Million), 2024 & 2034
- Table 6: Global Smart Manufacturing Market by End Use (in US$ Million), 2024 & 2034
- Table 7: Global Smart Manufacturing Market by Region (in US$ Million), 2024 & 2034
- Table 8: Europe Smart Manufacturing Market by Country (in US$ Million), 2024 & 2034
- Table 9: North America Smart Manufacturing Market by Country (in US$ Million), 2024 & 2034
- Table 10: Asia Pacific Smart Manufacturing Market by Country (in US$ Million), 2024 & 2034
- Table 11: Latin America Smart Manufacturing Market by Country (in US$ Million), 2024 & 2034
- Table 12: Middle East & Africa Smart Manufacturing Market by Country (in US$ Million), 2024 & 2034
- Table 13: List of Key Players
Research Assistance
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