COVID-19 Impact on Smart Manufacturing - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global COVID-19 Impact on Smart Manufacturing Market is accounted for $153.64 billion in 2019 and is expected to reach $577.53 billion by 2027 growing at a CAGR of 18.0% during the forecast period. Increase in use of digital twin to safely monitor smart manufacturing operations and fiscal policy steps taken by regional financial institutions to keep manufacturing facilities floating amidst COVID-19 crisis are the major factors driving the market growth. However, lack of trained personnel to handle smart manufacturing technologies during crises such as COVID-19 is restraining the market growth. Moreover, government aid to fight against COVID-19-induced economic crisis would provide ample opportunities for the market growth.
COVID-19 Impact on Smart Manufacturing is greatly reduces the need for onsite, shop floor employees, thereby abiding by the lockdown and social distancing mandates to fight COVID-19. The ease of use and the ability to monitor operation activities from a safe distance gives thrust to the use of the manufacturing execution system as part of smart manufacturing.
Based on information technology, the manufacturing execution system segment is likely to have a huge demand as manufacturing execution systems offer companies the ability to monitor real-time production and other operations of manufacturing plants. This greatly reduces the need for onsite, and shop floor employees, thereby abiding by the lockdown and social distancing mandates to fight COVID-19. By geography, Asia Pacific is going to have a lucrative growth during the forecast period. Rapid industrialization in APAC has boosted the manufacturing sector in APAC. Countries in APAC have the presence of a large number of small- and mid-sized enterprises (SMEs), which employ more than 70% of the total population in the countries.
Some of the key players profiled in the COVID-19 Impact on Smart Manufacturing Market include ABB, Cisco, Emerson, Fanuc, GE, Hewlett Packard Enterprise, Honeywell, IBM, Intel, Microsoft Corporation, Mitsubishi, Oracle, Rockwell Automation, Schneider Electric, Siemens, Stratasys, Universal Robots and Yokogawa.
Components Covered:
• Software
• Services
• Hardware
Type Spectrums Covered:
• Automation Control System
• Instrumentation and Field Devices
• Manufacturing IT
Information Technologies Covered:
• Enterprise Manufacturing Intelligence
• Human-Machine Interface
• Industrial Communication
• Manufacturing Execution System
• Plant Asset Management
• Warehouse Management System
Enabling Technologies Covered:
• Artificial Engineering (AI) in Manufacturing
• Automated Guided Vehicle
• Collaborative Robot
• Digital Twin
• Industrial 3D Printing
• Industrial Cybersecurity
• Industrial Internet of Things (IIOT)
• Industrial Machine Vision
• Machine Condition Monitoring
End Users Covered:
• Discrete Industry
• Process Industry
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global COVID-19 Impact on Smart Manufacturing Market, By Component
- 5.1 Introduction
- 5.2 Software
- 5.3 Services
- 5.4 Hardware
- 6 Global COVID-19 Impact on Smart Manufacturing Market, By Type Spectrum
- 6.1 Introduction
- 6.2 Automation Control System
- 6.3 Instrumentation and Field Devices
- 6.4 Manufacturing IT
- 7 Global COVID-19 Impact on Smart Manufacturing Market, By Information Technology
- 7.1 Introduction
- 7.2 Enterprise Manufacturing Intelligence
- 7.3 Human-Machine Interface
- 7.4 Industrial Communication
- 7.5 Manufacturing Execution System
- 7.6 Plant Asset Management
- 7.7 Warehouse Management System
- 8 Global COVID-19 Impact on Smart Manufacturing Market, By Enabling Technology
- 8.1 Introduction
- 8.2 Artificial Engineering (AI) in Manufacturing
- 8.3 Automated Guided Vehicle
- 8.4 Collaborative Robot
- 8.5 Digital Twin
- 8.6 Industrial 3D Printing
- 8.7 Industrial Cybersecurity
- 8.8 Industrial Internet of Things (IIOT)
- 8.9 Industrial Machine Vision
- 8.10 Machine Condition Monitoring
- 9 Global COVID-19 Impact on Smart Manufacturing Market, By End User
- 9.1 Introduction
- 9.2 Discrete Industry
- 9.2.1 Aerospace & Defense
- 9.2.2 Automotive & Aviation
- 9.2.3 Machine Manufacturing/ Industrial Equipment
- 9.2.4 Medical Devices
- 9.2.5 Semiconductor & Electronics
- 9.3 Process Industry
- 9.3.1 Chemicals and Materials
- 9.3.2 Energy & Power
- 9.3.3 Food & Beverages
- 9.3.4 Healthcare/ Pharmaceuticals
- 9.3.5 Metals & Mining
- 9.3.6 Oil & Gas
- 9.3.7 Pulp & Paper
- 10 Global COVID-19 Impact on Smart Manufacturing Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
- 11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
- 12 Company Profiling
- 12.1 ABB
- 12.2 Cisco
- 12.3 Emerson
- 12.4 Fanuc
- 12.5 GE
- 12.6 Hewlett Packard Enterprise
- 12.7 Honeywell
- 12.8 IBM
- 12.9 Intel
- 12.10 Microsoft Corporation
- 12.11 Mitsubishi
- 12.12 Oracle
- 12.13 Rockwell Automation
- 12.14 Schneider Electric
- 12.15 Siemens
- 12.16 Stratasys
- 12.17 Universal Robots
- 12.18 Yokogawa
- List of Tables
- Table 1 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Region (2018-2027) ($MN)
- Table 2 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Component (2018-2027) ($MN)
- Table 3 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Software (2018-2027) ($MN)
- Table 4 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Services (2018-2027) ($MN)
- Table 5 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Hardware (2018-2027) ($MN)
- Table 6 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Type Spectrum (2018-2027) ($MN)
- Table 7 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Automation Control System (2018-2027) ($MN)
- Table 8 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Instrumentation and Field Devices (2018-2027) ($MN)
- Table 9 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Manufacturing IT (2018-2027) ($MN)
- Table 10 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Information Technology (2018-2027) ($MN)
- Table 11 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Enterprise Manufacturing Intelligence (2018-2027) ($MN)
- Table 12 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Human-Machine Interface (2018-2027) ($MN)
- Table 13 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Industrial Communication (2018-2027) ($MN)
- Table 14 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Manufacturing Execution System (2018-2027) ($MN)
- Table 15 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Plant Asset Management (2018-2027) ($MN)
- Table 16 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Warehouse Management System (2018-2027) ($MN)
- Table 17 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Enabling Technology (2018-2027) ($MN)
- Table 18 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Artificial Engineering (AI) in Manufacturing (2018-2027) ($MN)
- Table 19 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Automated Guided Vehicle (2018-2027) ($MN)
- Table 20 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Collaborative Robot (2018-2027) ($MN)
- Table 21 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Digital Twin (2018-2027) ($MN)
- Table 22 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Industrial 3D Printing (2018-2027) ($MN)
- Table 23 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Industrial Cybersecurity (2018-2027) ($MN)
- Table 24 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Industrial Internet of Things (IIOT) (2018-2027) ($MN)
- Table 25 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Industrial Machine Vision (2018-2027) ($MN)
- Table 26 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Machine Condition Monitoring (2018-2027) ($MN)
- Table 27 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By End User (2018-2027) ($MN)
- Table 28 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Discrete Industry (2018-2027) ($MN)
- Table 29 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Aerospace & Defense (2018-2027) ($MN)
- Table 30 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Automotive & Aviation (2018-2027) ($MN)
- Table 31 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Machine Manufacturing/ Industrial Equipment (2018-2027) ($MN)
- Table 32 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Medical Devices (2018-2027) ($MN)
- Table 33 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Semiconductor & Electronics (2018-2027) ($MN)
- Table 34 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Process Industry (2018-2027) ($MN)
- Table 35 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Chemicals and Materials (2018-2027) ($MN)
- Table 36 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Energy & Power (2018-2027) ($MN)
- Table 37 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Food & Beverages (2018-2027) ($MN)
- Table 38 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Healthcare/ Pharmaceuticals (2018-2027) ($MN)
- Table 39 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Metals & Mining (2018-2027) ($MN)
- Table 40 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Oil & Gas (2018-2027) ($MN)
- Table 41 Global COVID-19 Impact on Smart Manufacturing Market Outlook, By Pulp & Paper (2018-2027) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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