The globalsmart manufacturing marketwas valued at USD 254.24 billion in 2022 and is anticipated to grow at a CAGR of 14.9% from 2023 to 2030. The market is expanding at a faster rate due to factors such as rising Industry 4.0 adoption, more government engagement in supporting industrial automa...
Smart manufacturing market size to reach $860 Bn by 2031, fueled by rising automation demand for increased efficiency, productivity, cost savings, and safety.
The global smart building market size was valued at USD 96.96 billion in 2023 and is projected to grow from USD 117.42 billion in 2024 to USD 568.02 billion by 2032, exhibiting a CAGR of 21.8% during the forecast (2024-2032). North America dominated the smart building market with a market...
Smart manufacturing and automation are estimated to see high demand in China over the forecast period. Cloud-based smart factories enabled by 5G technology are expected to see notable demand in China. Attributes Details China Market Size (2033) US$ 43.6 billion China Market Absolute Dollar Growth ...
Smart Motors Market by Component (VSD, MCC, Motor), by Application (Industrial, Commercial, Automotive, Consumer Electronics, and Aerospace & Defense) and Geography - Analysis & Forecast to 2020 The global smart motors market is expected to reach USD 1.38 Billion by 2020 at a CAGR of 6.19% ...
Smart Pneumatics Market by Component (Hardware, Software, and Services), Type (Valves, Actuators, and Modules), Industries (Automotive, Semiconductor, Food & Beverage, Water & Wastewater, Oil & Gas), and Geography - Global Forecast to 2023
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Smart Manufacturing industry followed by its market scope and size. Next, the report provides an overview of market segmentation such as type, application, and region. The drivers, limitations, and opportunities for the market are also listed along with current trends and policies in the industry....
Agility and responsiveness: At each stage in the process, smart manufacturing solutions and data analytics allow you to respond quickly to market changes – pivoting your manufacturing workflows and personalizing your products with speed and acuity. Sustainability: The data gathered by smart manufacturing...
This study specially analyses the impact of Covid-19 outbreak on the Smart Manufacturing, covering the supply chain analysis, impact assessment to the Smart Manufacturing market size growth rate in several scenarios, and the measures to be undertaken by Smart Manufacturing companies in response to th...