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Smart Manufacturing Market Size, Research Development, Share and Forecast to 2028

Smart manufacturing market will grow at a CAGR of 11.70% in the forecast period of 2021 to 2028. Rising emphasis on industrial automation in manufacturing processes is an essential factor driving the smart manufacturing market.

2.

The Smart Manufacturing Market Scope and Size

  • On the basis of component, the smart manufacturing market is segmented into hardware, software and services.
  • Based on technology, the smart manufacturing market is segmented into machine execution systems, programmable logic controller, enterprise resource planning, SCADA, discrete control systems, human machine interface, machine vision, 3D printing, product lifecycle management and plant asset management.
  • The smart manufacturing market is also segmented on the basis of end-user into automotive, aerospace and defense, chemicals and materials, healthcare, industrial equipment, electronics, food and agriculture, oil and gas and others.

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