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Home > Global Smart Manufacturing Market Growth (Status and Outlook) 2025-2031

Global Smart Manufacturing Market Growth (Status and Outlook) 2025-2031

Publication ID: 
LPI01250240
Publication Date: 
January 17, 2025
Pages: 
126
Publisher: 
LPI
Countries: 
Global [1]
USD 3,660.00

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IT Services [2]
Software [3]
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Description: 

The global Smart Manufacturing market size is predicted to grow from US$ 240140 million in 2025 to US$ 431720 million in 2031; it is expected to grow at a CAGR of 10.3% from 2025 to 2031.
Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
The main Smart Manufacturing players include GE, ABB, Siemens, SAP, Schneider, etc. The top five Smart Manufacturing players account for approximately 47% of the total global market. North America is the largest consumer market for Smart Manufacturing accounting for about 24%, followed by Europe and China. In terms of Type, Instrumentation & Field Devices is the largest segment with a share of 43%. And in terms of Applications, the largest segment is Automotive, followed by Aerospace & Defense.
The “Smart Manufacturing Industry Forecast” looks at past sales and reviews total world Smart Manufacturing sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Manufacturing sales for 2025 through 2031. With Smart Manufacturing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Manufacturing industry.
This Insight Report provides a comprehensive analysis of the global Smart Manufacturing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Manufacturing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Manufacturing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Manufacturing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Manufacturing.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Manufacturing market by product type, application, key players and key regions and countries.
Segmentation by Type:
Manufacturing IT
Automation Control System
Instrumentation & Field Devices
Segmentation by Application:
Automotive
Aerospace & Defense
Chemicals & Materials
Healthcare
Industrial Equipment
Electronics
Oil & Gas
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GE
ABB
Siemens
SAP
Schneider
Emerson
Oracle
IBM
Honeywell
Cisco
Rockwell
Yokogawa
Fanuc
NVIDIA
Keyence
Cognex
Stratatys
3D Systems
Daifuku

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents: 

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Manufacturing Market Size (2020-2031)
2.1.2 Smart Manufacturing Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Smart Manufacturing by Country/Region (2020, 2024 & 2031)
2.2 Smart Manufacturing Segment by Type
2.2.1 Manufacturing IT
2.2.2 Automation Control System
2.2.3 Instrumentation & Field Devices
2.3 Smart Manufacturing Market Size by Type
2.3.1 Smart Manufacturing Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Smart Manufacturing Market Size Market Share by Type (2020-2025)
2.4 Smart Manufacturing Segment by Application
2.4.1 Automotive
2.4.2 Aerospace & Defense
2.4.3 Chemicals & Materials
2.4.4 Healthcare
2.4.5 Industrial Equipment
2.4.6 Electronics
2.4.7 Oil & Gas
2.4.8 Others
2.5 Smart Manufacturing Market Size by Application
2.5.1 Smart Manufacturing Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Smart Manufacturing Market Size Market Share by Application (2020-2025)
3 Smart Manufacturing Market Size by Player
3.1 Smart Manufacturing Market Size Market Share by Player
3.1.1 Global Smart Manufacturing Revenue by Player (2020-2025)
3.1.2 Global Smart Manufacturing Revenue Market Share by Player (2020-2025)
3.2 Global Smart Manufacturing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Manufacturing by Region
4.1 Smart Manufacturing Market Size by Region (2020-2025)
4.2 Global Smart Manufacturing Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Manufacturing Market Size Growth (2020-2025)
4.4 APAC Smart Manufacturing Market Size Growth (2020-2025)
4.5 Europe Smart Manufacturing Market Size Growth (2020-2025)
4.6 Middle East & Africa Smart Manufacturing Market Size Growth (2020-2025)
5 Americas
5.1 Americas Smart Manufacturing Market Size by Country (2020-2025)
5.2 Americas Smart Manufacturing Market Size by Type (2020-2025)
5.3 Americas Smart Manufacturing Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Manufacturing Market Size by Region (2020-2025)
6.2 APAC Smart Manufacturing Market Size by Type (2020-2025)
6.3 APAC Smart Manufacturing Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Manufacturing Market Size by Country (2020-2025)
7.2 Europe Smart Manufacturing Market Size by Type (2020-2025)
7.3 Europe Smart Manufacturing Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Manufacturing by Region (2020-2025)
8.2 Middle East & Africa Smart Manufacturing Market Size by Type (2020-2025)
8.3 Middle East & Africa Smart Manufacturing Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Manufacturing Market Forecast
10.1 Global Smart Manufacturing Forecast by Region (2026-2031)
10.1.1 Global Smart Manufacturing Forecast by Region (2026-2031)
10.1.2 Americas Smart Manufacturing Forecast
10.1.3 APAC Smart Manufacturing Forecast
10.1.4 Europe Smart Manufacturing Forecast
10.1.5 Middle East & Africa Smart Manufacturing Forecast
10.2 Americas Smart Manufacturing Forecast by Country (2026-2031)
10.2.1 United States Market Smart Manufacturing Forecast
10.2.2 Canada Market Smart Manufacturing Forecast
10.2.3 Mexico Market Smart Manufacturing Forecast
10.2.4 Brazil Market Smart Manufacturing Forecast
10.3 APAC Smart Manufacturing Forecast by Region (2026-2031)
10.3.1 China Smart Manufacturing Market Forecast
10.3.2 Japan Market Smart Manufacturing Forecast
10.3.3 Korea Market Smart Manufacturing Forecast
10.3.4 Southeast Asia Market Smart Manufacturing Forecast
10.3.5 India Market Smart Manufacturing Forecast
10.3.6 Australia Market Smart Manufacturing Forecast
10.4 Europe Smart Manufacturing Forecast by Country (2026-2031)
10.4.1 Germany Market Smart Manufacturing Forecast
10.4.2 France Market Smart Manufacturing Forecast
10.4.3 UK Market Smart Manufacturing Forecast
10.4.4 Italy Market Smart Manufacturing Forecast
10.4.5 Russia Market Smart Manufacturing Forecast
10.5 Middle East & Africa Smart Manufacturing Forecast by Region (2026-2031)
10.5.1 Egypt Market Smart Manufacturing Forecast
10.5.2 South Africa Market Smart Manufacturing Forecast
10.5.3 Israel Market Smart Manufacturing Forecast
10.5.4 Turkey Market Smart Manufacturing Forecast
10.6 Global Smart Manufacturing Forecast by Type (2026-2031)
10.7 Global Smart Manufacturing Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Smart Manufacturing Forecast
11 Key Players Analysis
11.1 GE
11.1.1 GE Company Information
11.1.2 GE Smart Manufacturing Product Offered
11.1.3 GE Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 GE Main Business Overview
11.1.5 GE Latest Developments
11.2 ABB
11.2.1 ABB Company Information
11.2.2 ABB Smart Manufacturing Product Offered
11.2.3 ABB Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 ABB Main Business Overview
11.2.5 ABB Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Smart Manufacturing Product Offered
11.3.3 Siemens Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 SAP
11.4.1 SAP Company Information
11.4.2 SAP Smart Manufacturing Product Offered
11.4.3 SAP Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 SAP Main Business Overview
11.4.5 SAP Latest Developments
11.5 Schneider
11.5.1 Schneider Company Information
11.5.2 Schneider Smart Manufacturing Product Offered
11.5.3 Schneider Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Schneider Main Business Overview
11.5.5 Schneider Latest Developments
11.6 Emerson
11.6.1 Emerson Company Information
11.6.2 Emerson Smart Manufacturing Product Offered
11.6.3 Emerson Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Emerson Main Business Overview
11.6.5 Emerson Latest Developments
11.7 Oracle
11.7.1 Oracle Company Information
11.7.2 Oracle Smart Manufacturing Product Offered
11.7.3 Oracle Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 Oracle Main Business Overview
11.7.5 Oracle Latest Developments
11.8 IBM
11.8.1 IBM Company Information
11.8.2 IBM Smart Manufacturing Product Offered
11.8.3 IBM Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 IBM Main Business Overview
11.8.5 IBM Latest Developments
11.9 Honeywell
11.9.1 Honeywell Company Information
11.9.2 Honeywell Smart Manufacturing Product Offered
11.9.3 Honeywell Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 Honeywell Main Business Overview
11.9.5 Honeywell Latest Developments
11.10 Cisco
11.10.1 Cisco Company Information
11.10.2 Cisco Smart Manufacturing Product Offered
11.10.3 Cisco Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 Cisco Main Business Overview
11.10.5 Cisco Latest Developments
11.11 Rockwell
11.11.1 Rockwell Company Information
11.11.2 Rockwell Smart Manufacturing Product Offered
11.11.3 Rockwell Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Rockwell Main Business Overview
11.11.5 Rockwell Latest Developments
11.12 Yokogawa
11.12.1 Yokogawa Company Information
11.12.2 Yokogawa Smart Manufacturing Product Offered
11.12.3 Yokogawa Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.12.4 Yokogawa Main Business Overview
11.12.5 Yokogawa Latest Developments
11.13 Fanuc
11.13.1 Fanuc Company Information
11.13.2 Fanuc Smart Manufacturing Product Offered
11.13.3 Fanuc Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.13.4 Fanuc Main Business Overview
11.13.5 Fanuc Latest Developments
11.14 NVIDIA
11.14.1 NVIDIA Company Information
11.14.2 NVIDIA Smart Manufacturing Product Offered
11.14.3 NVIDIA Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.14.4 NVIDIA Main Business Overview
11.14.5 NVIDIA Latest Developments
11.15 Keyence
11.15.1 Keyence Company Information
11.15.2 Keyence Smart Manufacturing Product Offered
11.15.3 Keyence Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.15.4 Keyence Main Business Overview
11.15.5 Keyence Latest Developments
11.16 Cognex
11.16.1 Cognex Company Information
11.16.2 Cognex Smart Manufacturing Product Offered
11.16.3 Cognex Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.16.4 Cognex Main Business Overview
11.16.5 Cognex Latest Developments
11.17 Stratatys
11.17.1 Stratatys Company Information
11.17.2 Stratatys Smart Manufacturing Product Offered
11.17.3 Stratatys Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.17.4 Stratatys Main Business Overview
11.17.5 Stratatys Latest Developments
11.18 3D Systems
11.18.1 3D Systems Company Information
11.18.2 3D Systems Smart Manufacturing Product Offered
11.18.3 3D Systems Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.18.4 3D Systems Main Business Overview
11.18.5 3D Systems Latest Developments
11.19 Daifuku
11.19.1 Daifuku Company Information
11.19.2 Daifuku Smart Manufacturing Product Offered
11.19.3 Daifuku Smart Manufacturing Revenue, Gross Margin and Market Share (2020-2025)
11.19.4 Daifuku Main Business Overview
11.19.5 Daifuku Latest Developments
12 Research Findings and Conclusion

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