Smart Manufacturing Platform Market Size Analysis 2020-2028
The Global Smart Manufacturing Platform Market is projected to reach USD 29.15 billion by 2028, growing at a CAGR of 22.3% during the forecast period. A smart manufacturing platform makes use of computer integrated manufacturing with high levels of adaptability. Smart manufacturing enables to make rapid changes in design, unlike conventional processes. It employs the use of digital information technology & allows flexible training of the workforce. This can be used in the case of Smart Factory which has interoperable systems, smart cybersecurity, highly accurate automation systems, and networked sensors.
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Companies Covered: Major Companies profiled in the report which are key players in the global smart manufacturing platform market include Microsoft Corporation, IBM Corporation, PTC Inc., SAP SE, Hitachi, Ltd., Amazon.com, Inc., Siemens AG, Schneider Electric SE, ABB Group, Emerson Electric Co., Fujitsu Ltd., Accenture PLC, Robert Bosch GmbH, Oracle Corporation, Cisco Systems, Inc., Rockwell Automation, Inc., Atos SE, C3 IoT, Telit Communications PLC, Software AG, Seebo Interactive Ltd., QiO Technologies, Altizon Systems, Losant, Litmus Automation, and Flutura Decision Sciences, and Analytics.
The main purpose of the report is to direct the consumer to understand the smart manufacturing platform market in terms of its concept, classification, the potential for smart manufacturing platform market, the latest trends and the challenges facing the smart manufacturing platform market. In-depth analysis and tests of the smart manufacturing platform market were carried out while the study was being prepared. The readers of this report should find this report very useful in-depth in understanding the smart manufacturing platform market. In the smart manufacturing platform market article, the aspects and details are portrayed using charts, bar-graphs, pie diagrams, and other visual representations.
The global study on the smart manufacturing platform market provides an overview of the history, present and future prospects of the market and the factors behind this growth. The business analysis by SWOT shows each player in the smart manufacturing platform market in an extensive way the strengths, weaknesses, opportunities, and threats. In addition, the Silica Market Report highlights the pattern of adoption of the smart manufacturing platform market in different industries.
An overview is presented and reviewed by market policy, the regulatory scenario of the market, with details of key rules, regulations, plans and policy on the market, on the factors that impact various decision making within the global smart manufacturing platform market. A detailed analysis of the market's competitive landscape is provided in the smart manufacturing platform market report, using a detailed company profile, project feasibility analysis, and several other smart manufacturing platform market details. The report also outlines the impact of recent developments on future market growth projections.
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Road network expansion coupled with government commitments to industrial and infrastructure development is the key factor behind this region's market growth. Increasing domestic production in developing economies is also expected to increase vehicle sales in that region, with a favorable market impact in the coming years.
Key Developments in the Smart Manufacturing Platform Market:
- In June 2018, PTC (US) and Rockwell Automation, Inc. (US) announced a definitive agreement for a strategic partnership to accelerate the growth of both companies
- In July 2018, Siemens (Germany) and Alibaba Cloud (China) entered into a partnership to foster the industrial Internet of Things (IIoT) in China
- In July 2018, GE (US) and Microsoft (US) entered into their largest partnership to date, accelerating industrial IoT adoption for customers
- In December 2018, Fujitsu (Japan) announced a strategic collaboration with Amazon Web Services (US) enabling its customers to move their IT estates to the market-leading AWS Cloud
- In April 2018, Microsoft (US) and C3 IoT (US) entered into an allied partnership to introduce new technology developments that accelerate enterprise AI and IoT application development
Market Segmentation:
By Type:
- Device & Connectivity Management
- Application Enablement
By Application:
- Performance
- Optimization
- Asset & Condition Management
By End-Use Industry :
- Oil & Gas
- Chemical
- Energy & Power
- Food & Beverages
- Pharmaceuticals
- Metals & Mining
- Electrical & Electronics
- Others
By Region:
- North America
- By Country (US, Canada, Mexico)
- By Type
- By Application
- By End-Use Industry
- Western Europe
- By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
- By Type
- By Application
- By End-Use Industry
- Eastern Europe
- By Country (Russia, Turkey, Rest of Eastern Europe)
- By Type
- By Application
- By End-Use Industry
- Asia Pacific
- By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
- By Type
- By Application
- By End-Use Industry
- Middle East
- By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
- By Type
- By Application
- By End-Use Industry
- Rest of the World
- By Region (South America, Africa)
- By Type
- By Application
- By End-Use Industry
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Reasons to Buy This Report:
- Market size estimation of the global smart manufacturing platform market on a regional and global basis.
- The unique research design for market size estimation and forecast.
- Profiling of major companies operating in the smart manufacturing platform market with key developments.
- Broad scope to cover all the possible segments helping every stakeholder in the smart manufacturing platform market.
Customization:
We provide customization of the study to meet specific requirements:
- By Segment
- By Sub-segment
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