Smart Manufacturing Market Size, Industry Trends, Growth Report, 2032

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Smart Manufacturing Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Smart Manufacturing Market Segments
The Business Research Company segments its smart
manufacturing market report as
Hardware, Software, Services
By Component
Machine Execution Systems (MES), Programmable
Logic Controller (PLC), Enterprise Resource
Planning (ERP), SCADA, Discrete Control Systems
(DCS), Machine Vision, 3D Printing, Other
Technologies
By Technology
Automotive, Aerospace and Defense, Chemicals and
Materials, Healthcare, Industrial Equipment,
Electronics, Food and Agriculture, Oil and Gas,
Other End-Users
By End-User
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Market Statistics
The global smart manufacturing market size is
expected to grow from 316.29 billion in 2022 to
362.31 billion in 2023 at a compound annual
growth rate (CAGR) of 14.9. The market size of
the global smart manufacturing market is expected
to grow to 605.60 billion in 2027 at a CAGR of
13.
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Key Market Drivers And Trends
Drivers
The rising number of investments in industry 4.0
is expected to drive the smart manufacturing
market going forward.
Trends
Technological advancement is a key trend gaining
popularity in the smart manufacturing market.
Region
North America was the largest region in the smart
manufacturing market share in 2022. The regions
covered in the smart manufacturing market report
analysis are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Key Market Players

• Major players in the smart manufacturing market
  are
• Siemens AG
• General Electric
• Rockwell Automation
• Schneider Electric
• Honeywell International Inc.
• And more.

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