Global Smart Manufacturing Platform Market Size, by Type (Device management, connectivity management, and application enabling platform), by Application (Performance optimization, asset and condition monitoring and others), by Industry (Oil & gas, power & energy, chemicals, pharmaceuticals, food & beverage, metals & mining and others), by Deployment Type (Cloud and on-premises) and Regional Forecast 2020-2027
- Report Code : BIZ2138795
- Published On: Nov, 2020
- Category : Other
- Pages : 200
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Global Smart Manufacturing Platform Market is valued approximately at USD 4.40 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 19.40% over the forecast period 2020-2027. The smart manufacturing platform provides the efficient utilization of interconnected machinery for carrying out automated production of the manufacturing entities among various end use industries. It is an essential part of industrial automation that helps in reducing the production downtime while improving the efficiency of operation. Also, it enhances productivity and long term cost benefits for the manufacturer. The smart manufacturing platform market is expected to grow with a significant pace over the forecast years due to favorable government initiatives taken across the globe supporting industrial automation and industry 4.0. For instance: In 2014, Government of India initiated for ‘Make in India’ which leads to the adoption of ‘Industrial 4.0’ and projected to increase internet of things market in India by 28% during 2015-2020. Also, in 2019, Australia met its 2020 renewable energy target of 23.5% and 33 terawatt-hours (TWH). Australia produces over 378.7 PJ of overall renewable energy in 2018 that accounts for 6.2% of Australia’s total energy use which is 6,146 PJ. Similarly, according to the Science direct, in 2017 Germany government proposed “Reference Architecture Model Industries 4.0” for introducing Industry 4.0 technology and making factory digitalized. Through this initiative, government initiated towards the promotion of machine movement in factory with the help of Programmable Logic Controller, complied with IEC61131 International Standard. Whereas, growing adoption of IIOT and cloud technologies is the factor creating a lucrative opportunity for the market growth. However, lack of skilled IoT workforce and frequent software upgrade is the factor hampering the market growth.
The regional analysis of global Smart Manufacturing Platform Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing industrial automation across the globe. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as growth in adoption of IIOT and cloud technologies would create lucrative growth prospects for the Smart Manufacturing Platform Market across Asia-Pacific region.
Major market player included in this report are:
Microsoft corporation
IBM corporation
PTC Inc.
Hitachi Ltd.
Abb
Amazon Inc.
Robert Bosch GmBH
Emerson electronic co.
Fujitsu Ltd.
General electronics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type Types of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Device Management
Connectivity management
Application enablement platform
By Application:
Performance optimization
Asset and condition monitoring
Others
By Industry:
Oil & gas
Power & Energy
Chemicals
Pharmaceuticals
Food & Beverage
Metals & Mining
Others
By Deployment Type:
Cloud
On-premises
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Smart Manufacturing Platform Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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With tables and figures helping analyze worldwide Global Smart Manufacturing Platform market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Smart Manufacturing Platform Market, by Region, 2018-2027 (USD Billion)
1.2.2. Smart Manufacturing Platform Market, by Type, 2018-2027 (USD Billion)
1.2.3. Smart Manufacturing Platform Market, by Application, 2018-2027 (USD Billion)
1.2.4. Smart Manufacturing Platform Market, by Industry, 2018-2027 (USD Billion)
1.2.5. Smart Manufacturing Platform Market, by Deployment, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Smart Manufacturing Platform Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Smart Manufacturing Platform Market Dynamics
3.1. Smart Manufacturing Platform Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Smart Manufacturing Platform Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Smart Manufacturing Platform Market, by Type
5.1. Market Snapshot
5.2. Global Smart Manufacturing Platform Market by Type, Performance - Potential Analysis
5.3. Global Smart Manufacturing Platform Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Smart Manufacturing Platform Market, Sub Segment Analysis
5.4.1. Device Management
5.4.2. Connectivity management
5.4.3. Application enablement platform
Chapter 6. Global Smart Manufacturing Platform Market, by Application
6.1. Market Snapshot
6.2. Global Smart Manufacturing Platform Market by Application, Performance - Potential Analysis
6.3. Global Smart Manufacturing Platform Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Smart Manufacturing Platform Market, Sub Segment Analysis
6.4.1. Performance optimization
6.4.2. Asset and condition monitoring
6.4.3. Others
Chapter 7. Global Smart Manufacturing Platform Market, by Industry
7.1. Market Snapshot
7.2. Global Smart Manufacturing Platform Market by Industry, Performance - Potential Analysis
7.3. Global Smart Manufacturing Platform Market Estimates & Forecasts by Industry 2017-2027 (USD Billion)
7.4. Smart Manufacturing Platform Market, Sub Segment Analysis
7.4.1. Oil & gas
7.4.2. Power & Energy
7.4.3. Chemicals
7.4.4. Pharmaceuticals
7.4.5. Food & Beverage
7.4.6. Metals & Mining
7.4.7. Others
Chapter 8. Global Smart Manufacturing Platform Market, by Deployment type
8.1. Market Snapshot
8.2. Global Smart Manufacturing Platform Market by Deployment type, Performance - Potential Analysis
8.3. Global Smart Manufacturing Platform Market Estimates & Forecasts by Deployment type 2017-2027 (USD Billion)
8.4. Smart Manufacturing Platform Market, Sub Segment Analysis
8.4.1. Cloud
8.4.2. On-premises
Chapter 9. Global Smart Manufacturing Platform Market, Regional Analysis
9.1. Smart Manufacturing Platform Market, Regional Market Snapshot
9.2. North America Smart Manufacturing Platform Market
9.2.1. U.S. Smart Manufacturing Platform Market
9.2.1.1. Type breakdown estimates & forecasts, 2017-2027
9.2.1.2. Application breakdown estimates & forecasts, 2017-2027
9.2.1.3. Industry breakdown estimates & forecasts, 2017-2027
9.2.1.4. Deployment breakdown estimates & forecasts, 2017-2027
9.2.2. Canada Smart Manufacturing Platform Market
9.3. Europe Smart Manufacturing Platform Market Snapshot
9.3.1. U.K. Smart Manufacturing Platform Market
9.3.2. Germany Smart Manufacturing Platform Market
9.3.3. France Smart Manufacturing Platform Market
9.3.4. Spain Smart Manufacturing Platform Market
9.3.5. Italy Smart Manufacturing Platform Market
9.3.6. Rest of Europe Smart Manufacturing Platform Market
9.4. Asia-Pacific Smart Manufacturing Platform Market Snapshot
9.4.1. China Smart Manufacturing Platform Market
9.4.2. India Smart Manufacturing Platform Market
9.4.3. Japan Smart Manufacturing Platform Market
9.4.4. Australia Smart Manufacturing Platform Market
9.4.5. South Korea Smart Manufacturing Platform Market
9.4.6. Rest of Asia Pacific Smart Manufacturing Platform Market
9.5. Latin America Smart Manufacturing Platform Market Snapshot
9.5.1. Brazil Smart Manufacturing Platform Market
9.5.2. Mexico Smart Manufacturing Platform Market
9.6. Rest of The World Smart Manufacturing Platform Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Microsoft
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Type Summary
10.2.1.5. Recent Developments
10.2.2. IBM
10.2.3. PTC Inc.
10.2.4. Hitachi
10.2.5. Abb
10.2.6. Amazon
10.2.7. Bosch
10.2.8. Emerson
10.2.9. Fujitsu Ltd.
10.2.10. General electronics
Chapter 11. Research Type
11.1. Research Type
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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The Global Smart Manufacturing Platform Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
New players are entering the Global Smart Manufacturing Platform Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
Depending upon the type of applications, the Global Smart Manufacturing Platform Market has been segmented into
From 2024 to 2029, the Global Smart Manufacturing Platform Market is expected to grow at a compound annual growth rate of YY%, reaching a value of USD XXX Million.
In addition to the Global Smart Manufacturing Platform Market share analysis by competitors, the report also includes chapters on the HHI Index, CR4, and CR8 to characterize the concentration rate and competitive character of the Global Smart Manufacturing Platform Market.
The majority of data for the Global Smart Manufacturing Platform Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.
