Smart Manufacturing Platform Market with COVID-19 Impact, by type (Device Management, Connectivity Management, Application Enablement Platform), Application (Performance, Optimization, Asset & Condition Monitoring), Industry, Region - Global Forecast to 2026
The global smart manufacturing platform market size is expected to grow from USD 5.8 billion in 2021 to USD 13.2 billion by 2026, at a CAGR of 18.0%. The growth of this market is mainly driven by growth in industrial automation, growing adoption of smart manufacturing platforms in automotive industry, increasing support from governments for industrial automation, and growing need for streamlined and automated data to boost productivity. However, factors such as lacked of skilled IoT-related workforce and requirement of maintenance attributed to frequent software upgradation are restraining the market growth.
'Device management platform to grow at highest CAGR during the forecast period”
The increasing number of IoT devices in the manufacturing plants has surged the necessity of collecting, analyzing, monitoring, and managing data generated from the devices to improve the company’s operational efficiency. The device management platform helps to manage data generated from the IoT devices that are connected to the manufacturing equipment. The data managed includes data transmitted from the IoT devices, any processed data from the backend, data related to software updates, predictive maintenance data, or any analyzed data of utmost importance in system functioning.
“Process industry dominated the smart manufacturing platform market in 2020.”
The process industry includes oil & gas, chemical, energy and power, food & beverage; pharmaceutical; mining & metals industries; and others. With the emergence of Industry 4.0 and the Big Data movement gaining momentum, industries are now presented with unique opportunities in terms of key enablers for boosting their performance to a new level. The power & energy dominates the smart manufacturing platform market and is estimated to continue its dominance over the forecast period. The power & gas industry faces various challenges such environmental impact and scarcity associated with conventional source might lead to a probable energy crisis in the coming years. Hence, optimization in the energy & power industry has become necessary to increase productivity, efficiency, and their utilization., which has increased the adoption of smart manufacturing platforms in the power &energy industry. Besides, the oil & gas industry faces various challenges such as unexpected downtime and an absence of synergy across different processes throughout the supply chain, which has increased the adoption of smart manufacturing platforms in the oil & gas industry, and thus the industry holds a significant share of the market.
“Market in APAC to grow at highest CAGR during the forecast period”
The growth of the region is attributed to the impressive development in industrialization for the last few years. Besides, increasing government support for the adoption of automation technologies and digitization is also responsible for the growth of the smart manufacturing platform market in the region. However, the rapid spread of the novel COVID-19 has resulted in disruptions in supply chain activities, revenue losses, and slowdown in production activities which have slightly impacted the growth of the market in the region in Q1 and Q2 of 2020, eventually impacting the economy. The manufacturers are focusing towards digitalization after the pandemic crisis, which has resulted into increased in the adoption of smart manufacturing platforms in various industry.
Breakdown of the profiles of primary participants:
Research Coverage
In this report, the smart manufacturing platform market has been segmented based on type, organization size, application, industry, deployment type, and region. The smart manufacturing platform market based on type has been segmented into device management, connectivity management, application enablement platform. Based on the organization size, the market has been segmented into small & medium enterprises and large enterprises. Based on the application, the market has been segregated into performance optimization, asset and condition monitoring, and others. Based on industry the market is segmented into process industry and discrete industry, where the process industry is further segregated into oil & gas, power & energy, chemicals, pharmaceuticals, food & beverages, metals & mining, others; and discrete industry is further segmented into automotive, electronics & semiconductor, industrial manufacturing, medical devices, aerospace & defense, and others. Based on the deployment type, the market has been segment into cloud and on-premises. The study also forecasts the size of the market in four main regions—North America, Europe, APAC, and RoW.
Key Benefits of Buying the Report:
The report would help market leaders/new entrants in this market in the following ways:
'Device management platform to grow at highest CAGR during the forecast period”
The increasing number of IoT devices in the manufacturing plants has surged the necessity of collecting, analyzing, monitoring, and managing data generated from the devices to improve the company’s operational efficiency. The device management platform helps to manage data generated from the IoT devices that are connected to the manufacturing equipment. The data managed includes data transmitted from the IoT devices, any processed data from the backend, data related to software updates, predictive maintenance data, or any analyzed data of utmost importance in system functioning.
“Process industry dominated the smart manufacturing platform market in 2020.”
The process industry includes oil & gas, chemical, energy and power, food & beverage; pharmaceutical; mining & metals industries; and others. With the emergence of Industry 4.0 and the Big Data movement gaining momentum, industries are now presented with unique opportunities in terms of key enablers for boosting their performance to a new level. The power & energy dominates the smart manufacturing platform market and is estimated to continue its dominance over the forecast period. The power & gas industry faces various challenges such environmental impact and scarcity associated with conventional source might lead to a probable energy crisis in the coming years. Hence, optimization in the energy & power industry has become necessary to increase productivity, efficiency, and their utilization., which has increased the adoption of smart manufacturing platforms in the power &energy industry. Besides, the oil & gas industry faces various challenges such as unexpected downtime and an absence of synergy across different processes throughout the supply chain, which has increased the adoption of smart manufacturing platforms in the oil & gas industry, and thus the industry holds a significant share of the market.
“Market in APAC to grow at highest CAGR during the forecast period”
The growth of the region is attributed to the impressive development in industrialization for the last few years. Besides, increasing government support for the adoption of automation technologies and digitization is also responsible for the growth of the smart manufacturing platform market in the region. However, the rapid spread of the novel COVID-19 has resulted in disruptions in supply chain activities, revenue losses, and slowdown in production activities which have slightly impacted the growth of the market in the region in Q1 and Q2 of 2020, eventually impacting the economy. The manufacturers are focusing towards digitalization after the pandemic crisis, which has resulted into increased in the adoption of smart manufacturing platforms in various industry.
Breakdown of the profiles of primary participants:
- By Company Type: Tier 1 - 52%, Tier 2 - 31%, and Tier 3 - 17%
- By Designation: C-level Executives - 47%, Directors - 31%, and others - 22%
- By Region: North America - 36%, Europe - 29%, APAC - 30%, and RoW - 5%
Research Coverage
In this report, the smart manufacturing platform market has been segmented based on type, organization size, application, industry, deployment type, and region. The smart manufacturing platform market based on type has been segmented into device management, connectivity management, application enablement platform. Based on the organization size, the market has been segmented into small & medium enterprises and large enterprises. Based on the application, the market has been segregated into performance optimization, asset and condition monitoring, and others. Based on industry the market is segmented into process industry and discrete industry, where the process industry is further segregated into oil & gas, power & energy, chemicals, pharmaceuticals, food & beverages, metals & mining, others; and discrete industry is further segmented into automotive, electronics & semiconductor, industrial manufacturing, medical devices, aerospace & defense, and others. Based on the deployment type, the market has been segment into cloud and on-premises. The study also forecasts the size of the market in four main regions—North America, Europe, APAC, and RoW.
Key Benefits of Buying the Report:
The report would help market leaders/new entrants in this market in the following ways:
- This report segments of the smart manufacturing platform market comprehensively and provides the closest approximation of the overall market size and subsegments that include type, organization size, application, industry, deployment type, and region.
- The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the smart manufacturing platform market.
- This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business.
- The competitive landscape section includes the competitor ecosystem, as well as growth strategies such as product launches, acquisitions, and expansions carried out by major market players.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DESIGN
FIGURE 1 SMART MANUFACTURING PLATFORM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY & PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF SMART MANUFACTURING PLATFORM MARKET SIZE
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 3 SMART MANUFACTURING PLATFORM MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 4 SMART MANUFACTURING PLATFORM MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS & ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 6 COVID-19 IMPACT ANALYSIS ON SMART MANUFACTURING
PLATFORM MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 7 CLOUD DEPLOYMENT TYPE TO EXHIBIT HIGHEST CAGR
DURING THE FORECAST PERIOD
FIGURE 8 PROCESS INDUSTRY TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN 2021
FIGURE 9 APAC SMART MANUFACTURING PLATFORM MARKET TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR SMART MANUFACTURING PLATFORM MARKET
FIGURE 10 INCREASING IMPLEMENTATION OF IIOT IN VARIOUS INDUSTRIES TO
CREATE LUCRATIVE OPPORTUNITIES FOR APAC SMART MANUFACTURING PLATFORM MARKET
4.2 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
FIGURE 11 DEVICE MANAGEMENT SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD
4.3 SMART MANUFACTURING PLATFORM MARKET, BY DISCRETE INDUSTRY
FIGURE 12 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN 2026
4.4 SMART MANUFACTURING PLATFORM MARKET, BY GEOGRAPHY
FIGURE 13 NORTH AMERICA HOLD LARGEST SIZE OF SMART MANUFACTURING PLATFORM MARKET IN 2021
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 SMART MANUFACTURING PLATFORM MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growth in industrial automation
5.2.1.2 Growing adoption of smart manufacturing platforms in
automotive industry
5.2.1.3 Increasing support from governments for industrial automation
5.2.1.4 Growing need for streamlined and automated data to
boost productivity
FIGURE 15 DRIVERS OF GLOBAL SMART MANUFACTURING PLATFORM MARKET
AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Lack of skilled IoT-related workforce
5.2.2.2 Requirement of maintenance attributed to frequent
software upgradation
FIGURE 16 RESTRAINTS FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Growth in adoption of IIoT and cloud technologies
5.2.3.2 Partnerships of platform providers with cloud service providers
FIGURE 17 OPPORTUNITIES FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Complexity in integration of smart manufacturing platforms
5.2.4.2 Concerns related to security in wireless networking
FIGURE 18 CHALLENGES FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.3 VALUE CHAIN
FIGURE 19 VALUE CHAIN ANALYSIS: GLOBAL SMART MANUFACTURING
PLATFORM MARKET
5.4 ECOSYSTEM
FIGURE 20 GLOBAL SMART MANUFACTURING PLATFORM MARKET: ECOSYSTEM
TABLE 2 SMART MANUFACTURING PLATFORM MARKET: ECOSYSTEM
5.5 YC–YCC SHIFT FOR SMART MANUFACTURING PLATFORM MARKET
FIGURE 21 YC–YCC SHIFT FOR SMART MANUFACTURING PLATFORM MARKET
5.6 PORTER’S FIVE FORCE ANALYSIS
TABLE 3 IMPACT OF EACH FORCE ON SMART MANUFACTURING PLATFORM MARKET
5.7 CASE STUDY
5.7.1 USE CASE 1: MICROSOFT CORPORATION
5.7.2 USE CASE 2: PTC INC.
5.8 TECHNOLOGY TRENDS
5.8.1 ARTIFICIAL INTELLIGENCE (AI)
5.8.2 INTERNET OF THINGS (IOT)
5.8.3 BLOCKCHAIN
5.8.4 AUGMENTED REALITY (AR) & VIRTUAL REALITY (VR)
5.8.5 COLLABORATIVE ROBOTS
5.9 PRICING ANALYSIS
5.10 TRADE ANALYSIS
FIGURE 22 IMPORT DATA FOR INDUSTRIAL ROBOTS, 2016–2020 (USD MILLION)
FIGURE 23 EXPORT DATA FOR INDUSTRIAL ROBOT, 2015–2019 (USD MILLION)
TABLE 4 IMPORT OF INDUSTRIAL ROBOTS, BY REGION, 2015–2019 (USD MILLION)
5.11 PATENT ANALYSIS
FIGURE 24 TOP COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
FIGURE 25 PATENT ANALYSIS RELATED TO SMART MANUFACTURING PLATFORM MARKET
5.12 STANDARDS & REGULATORY LANDSCAPE
5.12.1 IEC TS 62832-1: 2020
5.12.2 OPEN PLATFORM COMMUNICATIONS UNIFIED ARCHITECTURE (OPC UA)
5.12.3 ISO/IEC TR 63306-1:2020
5.12.4 ISO 55001: 2014
5.12.5 REGULATORY LANDSCAPE OF SMART MANUFACTURING PLATFORM
5.12.5.1 Society 5.0 - Japan
5.12.5.2 RIE2020 - Singapore
5.12.5.3 High-Tech Strategy 2020 - Germany
6 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 26 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
FIGURE 27 DEVICE MANAGEMENT SEGMENT TO EXHIBIT HIGHEST CAGR
DURING FORECAST PERIOD
TABLE 5 SMART MANUFACTURING PLATFORM MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 6 SMART MANUFACTURING PLATFORM MARKET, BY TYPE, 2021–2026 (USD MILLION)
6.2 DEVICE MANAGEMENT
6.2.1 INCREASING NUMBER OF IOT DEVICES THAT REQUIRE DEVICE MANAGEMENT PLATFORMS TO DRIVE GROWTH OF SEGMENT
6.3 CONNECTIVITY MANAGEMENT
6.3.1 GROWING NEED FOR MANAGING NETWORK CONNECTIVITY TO BOOST GROWTH OF CONNECTIVITY MANAGEMENT PLATFORM SEGMENT
6.4 APPLICATION ENABLEMENT PLATFORM
6.4.1 MARKET FOR APPLICATION ENABLEMENT PLATFORM TO GROW AT SIGNIFICANT RATE
7 SMART MANUFACTURING PLATFORM MARKET, BY ORGANIZATION SIZE
7.1 INTRODUCTION
FIGURE 28 SMART MANUFACTURING PLATFORM MARKET, BY ORGANIZATION SIZE
7.2 SMALL & MEDIUM ENTERPRISES
7.2.1 INCREASING DEMAND FOR SMART MANUFACTURING PLATFORMS IN
SMALL & MEDIUM ENTERPRISES TO ELIMINATE HUMAN INTERVENTION TO FUEL MARKET GROWTH
7.3 LARGE ENTERPRISES
7.3.1 LARGE ENTERPRISES SEGMENT TO HOLD LARGEST MARKET SHARE
8 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 29 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION
FIGURE 30 PERFORMANCE OPTIMIZATION APPLICATION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 7 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 8 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 PERFORMANCE OPTIMIZATION
8.2.1 GROWING NEED FOR MONITORING OPERATIONS AND PRODUCTION PROCESSES TO DRIVE GROWTH OF MARKET
TABLE 9 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 10 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 11 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 12 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 13 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 14 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
8.3 ASSET AND CONDITION MONITORING
8.3.1 GROWING NEED FOR MONITORING EQUIPMENT AND ASSETS IN REAL TIME IS FUELING MARKET GROWTH
TABLE 15 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 16 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 17 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 18 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 19 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 20 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
8.4 OTHERS
TABLE 21 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 22 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 23 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 24 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 25 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 26 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
9 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 31 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY
FIGURE 32 DISCRETE INDUSTRY TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD
TABLE 27 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 28 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY, 2021–2026 (USD MILLION)
9.2 PROCESS INDUSTRY
FIGURE 33 POWER & ENERGY INDUSTRY TO EXHIBIT HIGHEST CAGR IN SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY DURING FORECAST PERIOD
TABLE 29 SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 30 SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
TABLE 31 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 32 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 33 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 34 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.1 OIL & GAS
9.2.1.1 Oil & gas industry to hold significant market share
during forecast period
9.2.1.2 Impact of COVID-19 on oil & gas industry
TABLE 35 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 36 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 34 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY IN APAC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 37 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 38 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.2 POWER & ENERGY
9.2.2.1 Power & energy is fastest growing process industry for smart manufacturing platform market as it requires optimum utilization of available resources
9.2.2.2 Impact of COVID-19 on power & energy industry
TABLE 39 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 40 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 35 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY IN NORTH AMERICA TO HOLD LARGEST SHARE IN 2026
TABLE 41 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 42 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.3 CHEMICAL
9.2.3.1 Chemical industry to witness highest growth rate in coming years
9.2.3.2 Impact of COVID-19 on chemical industry
TABLE 43 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 44 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 36 NORTH AMERICA TO HOLD LARGEST SIZE OF SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY DURING FORECAST PERIOD
TABLE 45 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 46 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.4 PHARMACEUTICAL
9.2.4.1 Increasing automation to improve compliance and minimizing deviation in manufacturing process to fuel market growth
9.2.4.2 Impact of COVID-19 on pharmaceutical industry
TABLE 47 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 48 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 49 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.5 FOOD & BEVERAGE
9.2.5.1 Growing requirement for increasing productivity and reducing downtime is fueling demand for smart manufacturing platforms in food & beverage industry
9.2.5.2 Impact of COVID-19 on food & beverage industry
TABLE 51 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 52 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 53 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.6 METAL & MINING
9.2.6.1 Growing adoption of smart manufacturing platform to ensure safety of mining operation to fuel market growth
9.2.6.2 Impact of COVID-19 on metal and mining industry
TABLE 55 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 56 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 57 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 58 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.7 OTHERS
9.2.7.1 Impact of COVID-19 on other industries
TABLE 59 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 60 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 61 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 62 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY REGION, 2021–2026 (USD MILLION)
9.3 DISCRETE INDUSTRY
FIGURE 37 AUTOMOTIVE INDUSTRY TO GROW AT HIGHEST CAGR IN SMART MANUFACTURING PLATFORM MARKET DURING FORECAST PERIOD
TABLE 63 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 64 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 65 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 66 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 67 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 68 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.1 AUTOMOTIVE
9.3.1.1 Growing adoption of advanced technologies—machine
vision, collaborative robots, and artificial intelligence—to drive growth of market
9.3.1.2 Impact of COVID-19 on automotive industry
TABLE 69 SMART MANUFACTURING PLATFORM MARKET, FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 70 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 38 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY IN APAC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 71 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 72 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.2 ELECTRONICS & SEMICONDUCTOR
9.3.2.1 Intense cost pressure and requirement of faster time-to-market for automation technologies to drive growth of market
9.3.2.2 Impact of COVID-19 on electronic and semiconductor industry
TABLE 73 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 74 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 39 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS AND SEMICONDUCTOR INDUSTRY IN APAC TO HOLD LARGEST
MARKET SHARE IN 2026
TABLE 75 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 76 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.3 INDUSTRIAL MANUFACTURING
9.3.3.1 Rising usage of smart manufacturing platforms to reduce downtime and enhance operational efficiency to fuel market growth
9.3.3.2 Impact of COVID-19 on industrial manufacturing industry
TABLE 77 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 78 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 79 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 80 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.4 MEDICAL DEVICE
9.3.4.1 Increasing automation to ensure safety, accuracy, and regulatory compliance throughout production process to drive market growth
9.3.4.2 Impact of COVID-19 on medical device industry
TABLE 81 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 82 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 83 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 84 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.5 AEROSPACE & DEFENSE
9.3.5.1 Long product life cycles and regulatory compliance to fuel demand for automation technologies
9.3.5.2 Impact of COVID-19 on aerospace & defense industry
TABLE 85 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 86 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 87 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 88 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.6 OTHERS
9.3.6.1 Impact of COVID-19 on other industries
TABLE 89 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 90 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 91 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 92 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
10 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE
10.1 INTRODUCTION
FIGURE 40 SMART MANUFACTURING PLATFORM, BY DEPLOYMENT TYPE
FIGURE 41 CLOUD SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 93 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE, 2017–2020 (USD MILLION)
TABLE 94 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE, 2021–2026 (USD MILLION)
10.2 CLOUD
10.2.1 GROWING ADOPTION OF CLOUD DEPLOYMENT TYPE TO REMOVE THE HASSLE OF MAINTAINING AND UPDATING SOFTWARE
10.3 ON-PREMISE
10.3.1 ON-PREMISES DEPLOYMENT TYPE HOLD LARGEST SIZE IN SMART MANUFACTURING PLATFORM MARKET
11 SMART MANUFACTURING PLATFORM MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
FIGURE 42 SMART MANUFACTURING PLATFORM MARKET, BY REGION
FIGURE 43 GEOGRAPHIC SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET
TABLE 95 SMART MANUFACTURING PLATFORM MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 96 SMART MANUFACTURING PLATFORM MARKET, BY REGION, 2021–2026 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF COVID-19 ON NORTH AMERICAN MARKET
FIGURE 44 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN
NORTH AMERICA
FIGURE 45 US TO LEAD SMART MANUFACTURING PLATFORM MARKET IN
NORTH AMERICA DURING FORECAST PERIOD
TABLE 97 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 98 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 99 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 100 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 101 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 102 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 103 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 104 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, FOR PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.2.2 US
11.2.2.1 Increasing efforts of leading players and start-ups to explore opportunities in smart manufacturing platform ecosystem to
drive market growth
11.2.3 CANADA
11.2.3.1 Growing adoption of ai, IIOT, and machine learning technologies in discrete industries to boost market growth
11.2.4 MEXICO
11.2.4.1 Increasing investments by different countries in Mexico to create lucrative growth opportunities for market
11.3 EUROPE
11.3.1 IMPACT OF COVID-19 ON EUROPEAN MARKET
FIGURE 46 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN EUROPE
FIGURE 47 UK TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN EUROPE DURING FORECAST PERIOD
TABLE 105 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 106 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 107 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 108 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 109 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 110 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 111 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 112 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.3.2 UK
11.3.2.1 Growing adoption of smart manufacturing platforms in automotive industry to boost growth of smart manufacturing platform market
11.3.3 GERMANY
11.3.3.1 Germany to witness highest growth rate during forecast period
11.3.4 FRANCE
11.3.4.1 France to hold significant share of smart manufacturing
platform market
11.3.5 ITALY
11.3.5.1 Collaboration with different government bodies and strategic partnerships to create growth opportunities for smart manufacturing platform market
11.3.6 REST OF EUROPE
11.4 APAC
11.4.1 IMPACT OF COVID-19 ON APAC MARKET
FIGURE 48 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN APAC
FIGURE 49 CHINA TO BE DOMINANT MARKET FOR SMART MANUFACTURING PLATFORMS IN APAC DURING FORECAST PERIOD
TABLE 113 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 114 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 115 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 116 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 117 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 118 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 119 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 120 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Growing need for adoption of automation technologies and government support to spur growth of industrialization are driving growth of smart manufacturing platform market
11.4.3 JAPAN
11.4.3.1 Automotive, consumer electronics, and industrial manufacturing are important industries that would create growth opportunities for smart manufacturing platform market
11.4.4 SOUTH KOREA
11.4.4.1 Government support to modernize manufacturing industry to fuel market growth
11.4.5 INDIA
11.4.5.1 Government-led initiatives to support growth of manufacturing sector to fuel growth of smart manufacturing platform market
11.4.6 REST OF APAC
11.5 ROW
11.5.1 IMPACT OF COVID-19 ON ROW MARKET
FIGURE 50 SOUTH AMERICA TO LEAD SMART MANUFACTURING PLATFORM MARKET IN ROW DURING FORECAST PERIOD
TABLE 121 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 122 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
TABLE 123 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 124 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 125 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 126 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 127 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 128 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.5.2 SOUTH AMERICA
11.5.2.1 Growing adoption of IOT technologies in different industries to drive growth of market
11.5.3 MIDDLE EAST & AFRICA
11.5.3.1 Growing implementation of advanced technologies in oil & gas and mining industries to propel market growth
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.1.1 REVENUE ANALYSIS OF TOP 5 COMPANIES
FIGURE 51 SMART MANUFACTURING PLATFORM MARKET:
MARKET SHARE ANALYSIS (2020)
12.2 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2020
TABLE 129 SMART MANUFACTURING PLATFORM MARKET: DEGREE OF COMPETITION
12.3 COMPETITIVE EVALUATION QUADRANT, 2020
12.3.1 STAR
12.3.2 EMERGING LEADER
12.3.3 PERVASIVE
12.3.4 PARTICIPANTS
FIGURE 52 SMART MANUFACTURING PLATFORM MARKET (GLOBAL)
COMPANY EVALUATION QUADRANT, 2020
12.4 SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT, 2020
12.4.1 PROGRESSIVE COMPANY
12.4.2 RESPONSIVE COMPANY
12.4.3 DYNAMIC COMPANY
12.4.4 STARTING BLOCK
FIGURE 53 SMART MANUFACTURING PLATFORM MARKET (GLOBAL)
SME EVALUATION QUADRANT, 2020
12.4.5 SMART MANUFACTURING PLATFORM MARKET: COMPANY FOOTPRINT
TABLE 130 COMPANY PRODUCT FOOTPRINT
FIGURE 54 COMPANY INDUSTRY FOOTPRINT
TABLE 131 COMPANY REGIONAL FOOTPRINT
12.5 COMPETITIVE SITUATIONS AND TRENDS
12.5.1 PRODUCT LAUNCHES
TABLE 132 SMART MANUFACTURING PLATFORM MARKET: PRODUCT LAUNCHES, JUNE 2020–MARCH 2021
12.5.2 DEALS
TABLE 133 SMART MANUFACTURING PLATFORM MARKET:
DEALS, APRIL 2020–MARCH 2021
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
13.1.1 ABB
TABLE 134 ABB: BUSINESS OVERVIEW
FIGURE 55 ABB: COMPANY SNAPSHOT
13.1.2 SCHNEIDER ELECTRIC
TABLE 135 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
13.1.3 SIEMENS
TABLE 136 SIEMENS: BUSINESS OVERVIEW
FIGURE 57 SIEMENS: COMPANY SNAPSHOT
13.1.4 EMERSON ELECTRIC CO.
TABLE 137 EMERSON ELECTRIC CO.: BUSINESS OVERVIEW
FIGURE 58 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
13.1.5 GENERAL ELECTRIC CO.
TABLE 138 GENERAL ELECTRIC CO.: BUSINESS OVERVIEW
FIGURE 59 GENERAL ELECTRIC CO.: COMPANY SNAPSHOT
13.1.6 AMAZON WEB SERVICES, INC.
TABLE 139 AMAZON WEB SERVICES, INC.: BUSINESS OVERVIEW
FIGURE 60 AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
13.1.7 FUJITSU LTD.
TABLE 140 FUJITSU LTD.: BUSINESS OVERVIEW
FIGURE 61 FUJITSU LTD.: COMPANY SNAPSHOT
13.1.8 HITACHI
TABLE 141 HITACHI: BUSINESS OVERVIEW
FIGURE 62 HITACHI: COMPANY SNAPSHOT
13.1.9 IBM
TABLE 142 IBM: BUSINESS OVERVIEW
FIGURE 63 IBM: COMPANY SNAPSHOT
13.1.10 MICROSOFT CORPORATION
TABLE 143 MICROSOFT CORPORATION: BUSINESS OVERVIEW
FIGURE 64 MICROSOFT CORPORATION: COMPANY SNAPSHOT
13.1.11 PTC INC.
TABLE 144 PTC INC.: BUSINESS OVERVIEW
FIGURE 65 PTC INC.: COMPANY SNAPSHOT
13.1.12 ROBERT BOSCH GMBH
TABLE 145 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
FIGURE 66 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
13.1.13 ROCKWELL AUTOMATION
TABLE 146 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 67 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
13.1.14 SAP SE
TABLE 147 SAP SE: BUSINESS OVERVIEW
FIGURE 68 SAP SE: COMPANY SNAPSHOT
13.1.15 TELIT
TABLE 148 TELIT: BUSINESS OVERVIEW
FIGURE 69 TELIT: COMPANY SNAPSHOT
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 ALTIZON
13.2.2 C3.AI
13.2.3 PUNZENBERGER COPA-DATA GMBH
13.2.4 DXC TECHNOLOGY COMPANY
13.2.5 FLUTURA
13.2.6 LITMUS AUTOMATION INC.
13.2.7 LOSANT
13.2.8 QIO TECHNOLOGIES
13.2.9 SEEBO INTERACTIVE LTD
13.2.10 ZYFRA LLC
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 DIGITAL TWIN MARKET, BY APPLICATION
14.3.1 INTRODUCTION
TABLE 149 DIGITAL TWIN MARKET, BY APPLICATION, 2016–2019 (USD BILLION)
TABLE 150 DIGITAL TWIN MARKET, BY APPLICATION, 2020–2026 (USD BILLION)
14.3.2 PRODUCT DESIGN & DEVELOPMENT
14.3.2.1 Product design & development segment to register steady growth in digital twin market
TABLE 151 DIGITAL TWIN MARKET FOR PRODUCT DESIGN & DEVELOPMENT, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 152 DIGITAL TWIN MARKET FOR PRODUCT DESIGN & DEVELOPMENT, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.3 PERFORMANCE MONITORING
14.3.3.1 Performance management plays a vital role in digital twin market
TABLE 153 DIGITAL TWIN MARKET, FOR PERFORMANCE MONITORING, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 154 DIGITAL TWIN MARKET FOR PERFORMANCE MONITORING, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.4 PREDICTIVE MAINTENANCE
14.3.4.1 Predictive maintenance segment to witness healthy growth in market
TABLE 155 DIGITAL TWIN MARKET FOR PREDICTIVE MAINTENANCE, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 156 DIGITAL TWIN MARKET FOR PREDICTIVE MAINTENANCE, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.5 INVENTORY MANAGEMENT
14.3.5.1 Inventory management will play a major role in transportation & logistics industry for digital twin solutions
TABLE 157 DIGITAL TWIN MARKET FOR INVENTORY MANAGEMENT, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 158 DIGITAL TWIN MARKET FOR INVENTORY MANAGEMENT, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.6 BUSINESS OPTIMIZATION
14.3.6.1 Business optimization segment to dominate digital twin market during forecast period
TABLE 159 DIGITAL TWIN MARKET FOR BUSINESS OPTIMIZATION, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 160 DIGITAL TWIN MARKET FOR BUSINESS OPTIMIZATION, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.7 OTHERS
TABLE 161 DIGITAL TWIN MARKET FOR OTHERS, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 162 DIGITAL TWIN MARKET FOR OTHERS, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4 DIGITAL TWIN MARKET, BY GEOGRAPHY
14.4.1 INTRODUCTION
TABLE 163 DIGITAL TWIN MARKET, BY REGION, 2016–2019 (USD BILLION)
TABLE 164 DIGITAL TWIN MARKET, BY REGION, 2020–2026 (USD BILLION)
14.4.2 NORTH AMERICA
TABLE 165 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 166 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 167 DIGITAL TWIN MARKET IN NORTH AMERICA, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 168 DIGITAL TWIN MARKET IN NORTH AMERICA, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.2.1 US
14.4.2.1.1 US holds largest share of digital twin market in
North America
14.4.2.2 Canada
14.4.2.2.1 Emerging digital technologies to drive growth of digital twin market in Canada
14.4.2.3 Mexico
14.4.2.3.1 Increasing adoption of digitization in the home & commercial segments in Mexico
14.4.3 EUROPE
TABLE 169 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 170 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 171 DIGITAL TWIN MARKET IN EUROPE, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 172 DIGITAL TWIN MARKET IN EUROPE, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.3.1 Germany
14.4.3.1.1 Industry 4.0 initiative to drive digital twin
market in Germany
14.4.3.2 UK
14.4.3.2.1 Digital twin market in UK to witness healthy growth
during forecast period
14.4.3.3 France
14.4.3.3.1 IOT & cloud to play vital role in growth of digital twin market in France
14.4.3.4 Rest of Europe
14.4.4 APAC
TABLE 173 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 174 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 175 DIGITAL TWIN MARKET IN APAC, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 176 DIGITAL TWIN MARKET IN APAC, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.4.1 China
14.4.4.1.1 China to hold largest share of digital twin market
during forecast period
14.4.4.2 Japan
14.4.4.2.1 Growing adoption of IoT to drive digital twin market in Japan
14.4.4.3 India
14.4.4.3.1 Government initiatives pertaining to digitalization to spur growth of digital twin market in India
14.4.4.4 South Korea
14.4.4.4.1 South Korea to record high growth rate
during forecast period
14.4.4.5 Rest of APAC
14.4.5 ROW
TABLE 177 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 178 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 179 DIGITAL TWIN MARKET IN ROW, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 180 DIGITAL TWIN MARKET IN ROW, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.5.1 Middle East
14.4.5.1.1 Growth of oil & gas industry to drive digital twin market in the Middle East
14.4.5.2 South America
14.4.5.2.1 Brazil and Argentina are major contributors to growth of digital twin market in South America
14.4.5.3 Africa
14.4.5.3.1 African telecommunication industry to see significant growth for digital twin market
15 APPENDIX
15.1 INSIGHTS OF INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 AVAILABLE CUSTOMIZATIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DESIGN
FIGURE 1 SMART MANUFACTURING PLATFORM MARKET: RESEARCH DESIGN
2.1.1 SECONDARY & PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE): REVENUE OF PRODUCTS/SOLUTIONS/SERVICES OF SMART MANUFACTURING PLATFORM MARKET SIZE
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 3 SMART MANUFACTURING PLATFORM MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 4 SMART MANUFACTURING PLATFORM MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 5 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 1 LIMITATIONS & ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 6 COVID-19 IMPACT ANALYSIS ON SMART MANUFACTURING
PLATFORM MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 7 CLOUD DEPLOYMENT TYPE TO EXHIBIT HIGHEST CAGR
DURING THE FORECAST PERIOD
FIGURE 8 PROCESS INDUSTRY TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN 2021
FIGURE 9 APAC SMART MANUFACTURING PLATFORM MARKET TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR SMART MANUFACTURING PLATFORM MARKET
FIGURE 10 INCREASING IMPLEMENTATION OF IIOT IN VARIOUS INDUSTRIES TO
CREATE LUCRATIVE OPPORTUNITIES FOR APAC SMART MANUFACTURING PLATFORM MARKET
4.2 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
FIGURE 11 DEVICE MANAGEMENT SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD
4.3 SMART MANUFACTURING PLATFORM MARKET, BY DISCRETE INDUSTRY
FIGURE 12 AUTOMOTIVE INDUSTRY TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN 2026
4.4 SMART MANUFACTURING PLATFORM MARKET, BY GEOGRAPHY
FIGURE 13 NORTH AMERICA HOLD LARGEST SIZE OF SMART MANUFACTURING PLATFORM MARKET IN 2021
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 14 SMART MANUFACTURING PLATFORM MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growth in industrial automation
5.2.1.2 Growing adoption of smart manufacturing platforms in
automotive industry
5.2.1.3 Increasing support from governments for industrial automation
5.2.1.4 Growing need for streamlined and automated data to
boost productivity
FIGURE 15 DRIVERS OF GLOBAL SMART MANUFACTURING PLATFORM MARKET
AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Lack of skilled IoT-related workforce
5.2.2.2 Requirement of maintenance attributed to frequent
software upgradation
FIGURE 16 RESTRAINTS FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Growth in adoption of IIoT and cloud technologies
5.2.3.2 Partnerships of platform providers with cloud service providers
FIGURE 17 OPPORTUNITIES FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Complexity in integration of smart manufacturing platforms
5.2.4.2 Concerns related to security in wireless networking
FIGURE 18 CHALLENGES FOR GLOBAL SMART MANUFACTURING PLATFORM MARKET AND THEIR IMPACT
5.3 VALUE CHAIN
FIGURE 19 VALUE CHAIN ANALYSIS: GLOBAL SMART MANUFACTURING
PLATFORM MARKET
5.4 ECOSYSTEM
FIGURE 20 GLOBAL SMART MANUFACTURING PLATFORM MARKET: ECOSYSTEM
TABLE 2 SMART MANUFACTURING PLATFORM MARKET: ECOSYSTEM
5.5 YC–YCC SHIFT FOR SMART MANUFACTURING PLATFORM MARKET
FIGURE 21 YC–YCC SHIFT FOR SMART MANUFACTURING PLATFORM MARKET
5.6 PORTER’S FIVE FORCE ANALYSIS
TABLE 3 IMPACT OF EACH FORCE ON SMART MANUFACTURING PLATFORM MARKET
5.7 CASE STUDY
5.7.1 USE CASE 1: MICROSOFT CORPORATION
5.7.2 USE CASE 2: PTC INC.
5.8 TECHNOLOGY TRENDS
5.8.1 ARTIFICIAL INTELLIGENCE (AI)
5.8.2 INTERNET OF THINGS (IOT)
5.8.3 BLOCKCHAIN
5.8.4 AUGMENTED REALITY (AR) & VIRTUAL REALITY (VR)
5.8.5 COLLABORATIVE ROBOTS
5.9 PRICING ANALYSIS
5.10 TRADE ANALYSIS
FIGURE 22 IMPORT DATA FOR INDUSTRIAL ROBOTS, 2016–2020 (USD MILLION)
FIGURE 23 EXPORT DATA FOR INDUSTRIAL ROBOT, 2015–2019 (USD MILLION)
TABLE 4 IMPORT OF INDUSTRIAL ROBOTS, BY REGION, 2015–2019 (USD MILLION)
5.11 PATENT ANALYSIS
FIGURE 24 TOP COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
FIGURE 25 PATENT ANALYSIS RELATED TO SMART MANUFACTURING PLATFORM MARKET
5.12 STANDARDS & REGULATORY LANDSCAPE
5.12.1 IEC TS 62832-1: 2020
5.12.2 OPEN PLATFORM COMMUNICATIONS UNIFIED ARCHITECTURE (OPC UA)
5.12.3 ISO/IEC TR 63306-1:2020
5.12.4 ISO 55001: 2014
5.12.5 REGULATORY LANDSCAPE OF SMART MANUFACTURING PLATFORM
5.12.5.1 Society 5.0 - Japan
5.12.5.2 RIE2020 - Singapore
5.12.5.3 High-Tech Strategy 2020 - Germany
6 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
6.1 INTRODUCTION
FIGURE 26 SMART MANUFACTURING PLATFORM MARKET, BY TYPE
FIGURE 27 DEVICE MANAGEMENT SEGMENT TO EXHIBIT HIGHEST CAGR
DURING FORECAST PERIOD
TABLE 5 SMART MANUFACTURING PLATFORM MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 6 SMART MANUFACTURING PLATFORM MARKET, BY TYPE, 2021–2026 (USD MILLION)
6.2 DEVICE MANAGEMENT
6.2.1 INCREASING NUMBER OF IOT DEVICES THAT REQUIRE DEVICE MANAGEMENT PLATFORMS TO DRIVE GROWTH OF SEGMENT
6.3 CONNECTIVITY MANAGEMENT
6.3.1 GROWING NEED FOR MANAGING NETWORK CONNECTIVITY TO BOOST GROWTH OF CONNECTIVITY MANAGEMENT PLATFORM SEGMENT
6.4 APPLICATION ENABLEMENT PLATFORM
6.4.1 MARKET FOR APPLICATION ENABLEMENT PLATFORM TO GROW AT SIGNIFICANT RATE
7 SMART MANUFACTURING PLATFORM MARKET, BY ORGANIZATION SIZE
7.1 INTRODUCTION
FIGURE 28 SMART MANUFACTURING PLATFORM MARKET, BY ORGANIZATION SIZE
7.2 SMALL & MEDIUM ENTERPRISES
7.2.1 INCREASING DEMAND FOR SMART MANUFACTURING PLATFORMS IN
SMALL & MEDIUM ENTERPRISES TO ELIMINATE HUMAN INTERVENTION TO FUEL MARKET GROWTH
7.3 LARGE ENTERPRISES
7.3.1 LARGE ENTERPRISES SEGMENT TO HOLD LARGEST MARKET SHARE
8 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION
8.1 INTRODUCTION
FIGURE 29 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION
FIGURE 30 PERFORMANCE OPTIMIZATION APPLICATION SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 7 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 8 SMART MANUFACTURING PLATFORM MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
8.2 PERFORMANCE OPTIMIZATION
8.2.1 GROWING NEED FOR MONITORING OPERATIONS AND PRODUCTION PROCESSES TO DRIVE GROWTH OF MARKET
TABLE 9 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 10 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 11 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 12 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 13 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 14 SMART MANUFACTURING PLATFORM MARKET FOR PERFORMANCE OPTIMIZATION, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
8.3 ASSET AND CONDITION MONITORING
8.3.1 GROWING NEED FOR MONITORING EQUIPMENT AND ASSETS IN REAL TIME IS FUELING MARKET GROWTH
TABLE 15 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 16 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 17 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 18 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 19 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 20 SMART MANUFACTURING PLATFORM MARKET FOR ASSET AND CONDITION MONITORING, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
8.4 OTHERS
TABLE 21 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 22 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 23 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 24 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 25 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 26 SMART MANUFACTURING PLATFORM MARKET FOR OTHERS, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
9 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY
9.1 INTRODUCTION
FIGURE 31 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY
FIGURE 32 DISCRETE INDUSTRY TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD
TABLE 27 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 28 SMART MANUFACTURING PLATFORM MARKET, BY INDUSTRY, 2021–2026 (USD MILLION)
9.2 PROCESS INDUSTRY
FIGURE 33 POWER & ENERGY INDUSTRY TO EXHIBIT HIGHEST CAGR IN SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY DURING FORECAST PERIOD
TABLE 29 SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 30 SMART MANUFACTURING PLATFORM MARKET, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
TABLE 31 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 32 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 33 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 34 SMART MANUFACTURING PLATFORM MARKET FOR PROCESS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.1 OIL & GAS
9.2.1.1 Oil & gas industry to hold significant market share
during forecast period
9.2.1.2 Impact of COVID-19 on oil & gas industry
TABLE 35 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 36 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 34 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY IN APAC TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
TABLE 37 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 38 SMART MANUFACTURING PLATFORM MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.2 POWER & ENERGY
9.2.2.1 Power & energy is fastest growing process industry for smart manufacturing platform market as it requires optimum utilization of available resources
9.2.2.2 Impact of COVID-19 on power & energy industry
TABLE 39 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 40 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 35 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY IN NORTH AMERICA TO HOLD LARGEST SHARE IN 2026
TABLE 41 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 42 SMART MANUFACTURING PLATFORM MARKET FOR POWER & ENERGY INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.3 CHEMICAL
9.2.3.1 Chemical industry to witness highest growth rate in coming years
9.2.3.2 Impact of COVID-19 on chemical industry
TABLE 43 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 44 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 36 NORTH AMERICA TO HOLD LARGEST SIZE OF SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY DURING FORECAST PERIOD
TABLE 45 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 46 SMART MANUFACTURING PLATFORM MARKET FOR CHEMICAL INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.4 PHARMACEUTICAL
9.2.4.1 Increasing automation to improve compliance and minimizing deviation in manufacturing process to fuel market growth
9.2.4.2 Impact of COVID-19 on pharmaceutical industry
TABLE 47 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 48 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 49 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 SMART MANUFACTURING PLATFORM MARKET FOR PHARMACEUTICAL INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.5 FOOD & BEVERAGE
9.2.5.1 Growing requirement for increasing productivity and reducing downtime is fueling demand for smart manufacturing platforms in food & beverage industry
9.2.5.2 Impact of COVID-19 on food & beverage industry
TABLE 51 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 52 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 53 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 SMART MANUFACTURING PLATFORM MARKET FOR FOOD & BEVERAGE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.6 METAL & MINING
9.2.6.1 Growing adoption of smart manufacturing platform to ensure safety of mining operation to fuel market growth
9.2.6.2 Impact of COVID-19 on metal and mining industry
TABLE 55 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 56 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 57 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 58 SMART MANUFACTURING PLATFORM MARKET FOR METAL & MINING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.2.7 OTHERS
9.2.7.1 Impact of COVID-19 on other industries
TABLE 59 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 60 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 61 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY REGION, 2017–2020 (USD MILLION)
TABLE 62 SMART MANUFACTURING PLATFORM MARKET, FOR OTHER PROCESS INDUSTRIES, BY REGION, 2021–2026 (USD MILLION)
9.3 DISCRETE INDUSTRY
FIGURE 37 AUTOMOTIVE INDUSTRY TO GROW AT HIGHEST CAGR IN SMART MANUFACTURING PLATFORM MARKET DURING FORECAST PERIOD
TABLE 63 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 64 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 65 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 66 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 67 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 68 SMART MANUFACTURING PLATFORM MARKET FOR DISCRETE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.1 AUTOMOTIVE
9.3.1.1 Growing adoption of advanced technologies—machine
vision, collaborative robots, and artificial intelligence—to drive growth of market
9.3.1.2 Impact of COVID-19 on automotive industry
TABLE 69 SMART MANUFACTURING PLATFORM MARKET, FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 70 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 38 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY IN APAC TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 71 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 72 SMART MANUFACTURING PLATFORM MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.2 ELECTRONICS & SEMICONDUCTOR
9.3.2.1 Intense cost pressure and requirement of faster time-to-market for automation technologies to drive growth of market
9.3.2.2 Impact of COVID-19 on electronic and semiconductor industry
TABLE 73 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 74 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
FIGURE 39 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS AND SEMICONDUCTOR INDUSTRY IN APAC TO HOLD LARGEST
MARKET SHARE IN 2026
TABLE 75 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 76 SMART MANUFACTURING PLATFORM MARKET FOR ELECTRONICS & SEMICONDUCTOR INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.3 INDUSTRIAL MANUFACTURING
9.3.3.1 Rising usage of smart manufacturing platforms to reduce downtime and enhance operational efficiency to fuel market growth
9.3.3.2 Impact of COVID-19 on industrial manufacturing industry
TABLE 77 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 78 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 79 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 80 SMART MANUFACTURING PLATFORM MARKET FOR INDUSTRIAL MANUFACTURING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.4 MEDICAL DEVICE
9.3.4.1 Increasing automation to ensure safety, accuracy, and regulatory compliance throughout production process to drive market growth
9.3.4.2 Impact of COVID-19 on medical device industry
TABLE 81 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 82 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 83 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 84 SMART MANUFACTURING PLATFORM MARKET FOR MEDICAL DEVICE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.5 AEROSPACE & DEFENSE
9.3.5.1 Long product life cycles and regulatory compliance to fuel demand for automation technologies
9.3.5.2 Impact of COVID-19 on aerospace & defense industry
TABLE 85 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 86 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 87 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 88 SMART MANUFACTURING PLATFORM MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
9.3.6 OTHERS
9.3.6.1 Impact of COVID-19 on other industries
TABLE 89 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 90 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 91 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 92 SMART MANUFACTURING PLATFORM MARKET FOR OTHER DISCRETE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
10 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE
10.1 INTRODUCTION
FIGURE 40 SMART MANUFACTURING PLATFORM, BY DEPLOYMENT TYPE
FIGURE 41 CLOUD SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 93 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE, 2017–2020 (USD MILLION)
TABLE 94 SMART MANUFACTURING PLATFORM MARKET, BY DEPLOYMENT TYPE, 2021–2026 (USD MILLION)
10.2 CLOUD
10.2.1 GROWING ADOPTION OF CLOUD DEPLOYMENT TYPE TO REMOVE THE HASSLE OF MAINTAINING AND UPDATING SOFTWARE
10.3 ON-PREMISE
10.3.1 ON-PREMISES DEPLOYMENT TYPE HOLD LARGEST SIZE IN SMART MANUFACTURING PLATFORM MARKET
11 SMART MANUFACTURING PLATFORM MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
FIGURE 42 SMART MANUFACTURING PLATFORM MARKET, BY REGION
FIGURE 43 GEOGRAPHIC SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET
TABLE 95 SMART MANUFACTURING PLATFORM MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 96 SMART MANUFACTURING PLATFORM MARKET, BY REGION, 2021–2026 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 IMPACT OF COVID-19 ON NORTH AMERICAN MARKET
FIGURE 44 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN
NORTH AMERICA
FIGURE 45 US TO LEAD SMART MANUFACTURING PLATFORM MARKET IN
NORTH AMERICA DURING FORECAST PERIOD
TABLE 97 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 98 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 99 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 100 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 101 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 102 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 103 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 104 SMART MANUFACTURING PLATFORM MARKET IN NORTH AMERICA, FOR PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.2.2 US
11.2.2.1 Increasing efforts of leading players and start-ups to explore opportunities in smart manufacturing platform ecosystem to
drive market growth
11.2.3 CANADA
11.2.3.1 Growing adoption of ai, IIOT, and machine learning technologies in discrete industries to boost market growth
11.2.4 MEXICO
11.2.4.1 Increasing investments by different countries in Mexico to create lucrative growth opportunities for market
11.3 EUROPE
11.3.1 IMPACT OF COVID-19 ON EUROPEAN MARKET
FIGURE 46 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN EUROPE
FIGURE 47 UK TO HOLD LARGEST SHARE OF SMART MANUFACTURING PLATFORM MARKET IN EUROPE DURING FORECAST PERIOD
TABLE 105 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 106 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 107 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 108 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 109 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 110 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 111 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 112 SMART MANUFACTURING PLATFORM MARKET IN EUROPE, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.3.2 UK
11.3.2.1 Growing adoption of smart manufacturing platforms in automotive industry to boost growth of smart manufacturing platform market
11.3.3 GERMANY
11.3.3.1 Germany to witness highest growth rate during forecast period
11.3.4 FRANCE
11.3.4.1 France to hold significant share of smart manufacturing
platform market
11.3.5 ITALY
11.3.5.1 Collaboration with different government bodies and strategic partnerships to create growth opportunities for smart manufacturing platform market
11.3.6 REST OF EUROPE
11.4 APAC
11.4.1 IMPACT OF COVID-19 ON APAC MARKET
FIGURE 48 SNAPSHOT: SMART MANUFACTURING PLATFORM MARKET IN APAC
FIGURE 49 CHINA TO BE DOMINANT MARKET FOR SMART MANUFACTURING PLATFORMS IN APAC DURING FORECAST PERIOD
TABLE 113 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 114 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 115 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 116 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 117 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 118 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 119 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 120 SMART MANUFACTURING PLATFORM MARKET IN APAC, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.4.2 CHINA
11.4.2.1 Growing need for adoption of automation technologies and government support to spur growth of industrialization are driving growth of smart manufacturing platform market
11.4.3 JAPAN
11.4.3.1 Automotive, consumer electronics, and industrial manufacturing are important industries that would create growth opportunities for smart manufacturing platform market
11.4.4 SOUTH KOREA
11.4.4.1 Government support to modernize manufacturing industry to fuel market growth
11.4.5 INDIA
11.4.5.1 Government-led initiatives to support growth of manufacturing sector to fuel growth of smart manufacturing platform market
11.4.6 REST OF APAC
11.5 ROW
11.5.1 IMPACT OF COVID-19 ON ROW MARKET
FIGURE 50 SOUTH AMERICA TO LEAD SMART MANUFACTURING PLATFORM MARKET IN ROW DURING FORECAST PERIOD
TABLE 121 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 122 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
TABLE 123 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY INDUSTRY, 2017–2020 (USD MILLION)
TABLE 124 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY INDUSTRY, 2021–2026 (USD MILLION)
TABLE 125 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 2017–2020 (USD MILLION)
TABLE 126 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY DISCRETE INDUSTRY, 2021–2026 (USD MILLION)
TABLE 127 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 2017–2020 (USD MILLION)
TABLE 128 SMART MANUFACTURING PLATFORM MARKET IN ROW, BY PROCESS INDUSTRY, 2021–2026 (USD MILLION)
11.5.2 SOUTH AMERICA
11.5.2.1 Growing adoption of IOT technologies in different industries to drive growth of market
11.5.3 MIDDLE EAST & AFRICA
11.5.3.1 Growing implementation of advanced technologies in oil & gas and mining industries to propel market growth
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.1.1 REVENUE ANALYSIS OF TOP 5 COMPANIES
FIGURE 51 SMART MANUFACTURING PLATFORM MARKET:
MARKET SHARE ANALYSIS (2020)
12.2 MARKET SHARE ANALYSIS OF TOP 5 PLAYERS, 2020
TABLE 129 SMART MANUFACTURING PLATFORM MARKET: DEGREE OF COMPETITION
12.3 COMPETITIVE EVALUATION QUADRANT, 2020
12.3.1 STAR
12.3.2 EMERGING LEADER
12.3.3 PERVASIVE
12.3.4 PARTICIPANTS
FIGURE 52 SMART MANUFACTURING PLATFORM MARKET (GLOBAL)
COMPANY EVALUATION QUADRANT, 2020
12.4 SMALL AND MEDIUM-SIZED ENTERPRISE (SME) EVALUATION QUADRANT, 2020
12.4.1 PROGRESSIVE COMPANY
12.4.2 RESPONSIVE COMPANY
12.4.3 DYNAMIC COMPANY
12.4.4 STARTING BLOCK
FIGURE 53 SMART MANUFACTURING PLATFORM MARKET (GLOBAL)
SME EVALUATION QUADRANT, 2020
12.4.5 SMART MANUFACTURING PLATFORM MARKET: COMPANY FOOTPRINT
TABLE 130 COMPANY PRODUCT FOOTPRINT
FIGURE 54 COMPANY INDUSTRY FOOTPRINT
TABLE 131 COMPANY REGIONAL FOOTPRINT
12.5 COMPETITIVE SITUATIONS AND TRENDS
12.5.1 PRODUCT LAUNCHES
TABLE 132 SMART MANUFACTURING PLATFORM MARKET: PRODUCT LAUNCHES, JUNE 2020–MARCH 2021
12.5.2 DEALS
TABLE 133 SMART MANUFACTURING PLATFORM MARKET:
DEALS, APRIL 2020–MARCH 2021
13 COMPANY PROFILES
13.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
13.1.1 ABB
TABLE 134 ABB: BUSINESS OVERVIEW
FIGURE 55 ABB: COMPANY SNAPSHOT
13.1.2 SCHNEIDER ELECTRIC
TABLE 135 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
13.1.3 SIEMENS
TABLE 136 SIEMENS: BUSINESS OVERVIEW
FIGURE 57 SIEMENS: COMPANY SNAPSHOT
13.1.4 EMERSON ELECTRIC CO.
TABLE 137 EMERSON ELECTRIC CO.: BUSINESS OVERVIEW
FIGURE 58 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
13.1.5 GENERAL ELECTRIC CO.
TABLE 138 GENERAL ELECTRIC CO.: BUSINESS OVERVIEW
FIGURE 59 GENERAL ELECTRIC CO.: COMPANY SNAPSHOT
13.1.6 AMAZON WEB SERVICES, INC.
TABLE 139 AMAZON WEB SERVICES, INC.: BUSINESS OVERVIEW
FIGURE 60 AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
13.1.7 FUJITSU LTD.
TABLE 140 FUJITSU LTD.: BUSINESS OVERVIEW
FIGURE 61 FUJITSU LTD.: COMPANY SNAPSHOT
13.1.8 HITACHI
TABLE 141 HITACHI: BUSINESS OVERVIEW
FIGURE 62 HITACHI: COMPANY SNAPSHOT
13.1.9 IBM
TABLE 142 IBM: BUSINESS OVERVIEW
FIGURE 63 IBM: COMPANY SNAPSHOT
13.1.10 MICROSOFT CORPORATION
TABLE 143 MICROSOFT CORPORATION: BUSINESS OVERVIEW
FIGURE 64 MICROSOFT CORPORATION: COMPANY SNAPSHOT
13.1.11 PTC INC.
TABLE 144 PTC INC.: BUSINESS OVERVIEW
FIGURE 65 PTC INC.: COMPANY SNAPSHOT
13.1.12 ROBERT BOSCH GMBH
TABLE 145 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
FIGURE 66 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
13.1.13 ROCKWELL AUTOMATION
TABLE 146 ROCKWELL AUTOMATION: BUSINESS OVERVIEW
FIGURE 67 ROCKWELL AUTOMATION: COMPANY SNAPSHOT
13.1.14 SAP SE
TABLE 147 SAP SE: BUSINESS OVERVIEW
FIGURE 68 SAP SE: COMPANY SNAPSHOT
13.1.15 TELIT
TABLE 148 TELIT: BUSINESS OVERVIEW
FIGURE 69 TELIT: COMPANY SNAPSHOT
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
13.2 OTHER PLAYERS
13.2.1 ALTIZON
13.2.2 C3.AI
13.2.3 PUNZENBERGER COPA-DATA GMBH
13.2.4 DXC TECHNOLOGY COMPANY
13.2.5 FLUTURA
13.2.6 LITMUS AUTOMATION INC.
13.2.7 LOSANT
13.2.8 QIO TECHNOLOGIES
13.2.9 SEEBO INTERACTIVE LTD
13.2.10 ZYFRA LLC
14 ADJACENT & RELATED MARKETS
14.1 INTRODUCTION
14.2 LIMITATIONS
14.3 DIGITAL TWIN MARKET, BY APPLICATION
14.3.1 INTRODUCTION
TABLE 149 DIGITAL TWIN MARKET, BY APPLICATION, 2016–2019 (USD BILLION)
TABLE 150 DIGITAL TWIN MARKET, BY APPLICATION, 2020–2026 (USD BILLION)
14.3.2 PRODUCT DESIGN & DEVELOPMENT
14.3.2.1 Product design & development segment to register steady growth in digital twin market
TABLE 151 DIGITAL TWIN MARKET FOR PRODUCT DESIGN & DEVELOPMENT, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 152 DIGITAL TWIN MARKET FOR PRODUCT DESIGN & DEVELOPMENT, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.3 PERFORMANCE MONITORING
14.3.3.1 Performance management plays a vital role in digital twin market
TABLE 153 DIGITAL TWIN MARKET, FOR PERFORMANCE MONITORING, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 154 DIGITAL TWIN MARKET FOR PERFORMANCE MONITORING, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.4 PREDICTIVE MAINTENANCE
14.3.4.1 Predictive maintenance segment to witness healthy growth in market
TABLE 155 DIGITAL TWIN MARKET FOR PREDICTIVE MAINTENANCE, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 156 DIGITAL TWIN MARKET FOR PREDICTIVE MAINTENANCE, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.5 INVENTORY MANAGEMENT
14.3.5.1 Inventory management will play a major role in transportation & logistics industry for digital twin solutions
TABLE 157 DIGITAL TWIN MARKET FOR INVENTORY MANAGEMENT, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 158 DIGITAL TWIN MARKET FOR INVENTORY MANAGEMENT, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.6 BUSINESS OPTIMIZATION
14.3.6.1 Business optimization segment to dominate digital twin market during forecast period
TABLE 159 DIGITAL TWIN MARKET FOR BUSINESS OPTIMIZATION, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 160 DIGITAL TWIN MARKET FOR BUSINESS OPTIMIZATION, BY INDUSTRY, 2020–2026 (USD MILLION)
14.3.7 OTHERS
TABLE 161 DIGITAL TWIN MARKET FOR OTHERS, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 162 DIGITAL TWIN MARKET FOR OTHERS, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4 DIGITAL TWIN MARKET, BY GEOGRAPHY
14.4.1 INTRODUCTION
TABLE 163 DIGITAL TWIN MARKET, BY REGION, 2016–2019 (USD BILLION)
TABLE 164 DIGITAL TWIN MARKET, BY REGION, 2020–2026 (USD BILLION)
14.4.2 NORTH AMERICA
TABLE 165 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 166 DIGITAL TWIN MARKET IN NORTH AMERICA, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 167 DIGITAL TWIN MARKET IN NORTH AMERICA, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 168 DIGITAL TWIN MARKET IN NORTH AMERICA, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.2.1 US
14.4.2.1.1 US holds largest share of digital twin market in
North America
14.4.2.2 Canada
14.4.2.2.1 Emerging digital technologies to drive growth of digital twin market in Canada
14.4.2.3 Mexico
14.4.2.3.1 Increasing adoption of digitization in the home & commercial segments in Mexico
14.4.3 EUROPE
TABLE 169 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 170 DIGITAL TWIN MARKET IN EUROPE, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 171 DIGITAL TWIN MARKET IN EUROPE, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 172 DIGITAL TWIN MARKET IN EUROPE, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.3.1 Germany
14.4.3.1.1 Industry 4.0 initiative to drive digital twin
market in Germany
14.4.3.2 UK
14.4.3.2.1 Digital twin market in UK to witness healthy growth
during forecast period
14.4.3.3 France
14.4.3.3.1 IOT & cloud to play vital role in growth of digital twin market in France
14.4.3.4 Rest of Europe
14.4.4 APAC
TABLE 173 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 174 DIGITAL TWIN MARKET IN APAC, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 175 DIGITAL TWIN MARKET IN APAC, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 176 DIGITAL TWIN MARKET IN APAC, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.4.1 China
14.4.4.1.1 China to hold largest share of digital twin market
during forecast period
14.4.4.2 Japan
14.4.4.2.1 Growing adoption of IoT to drive digital twin market in Japan
14.4.4.3 India
14.4.4.3.1 Government initiatives pertaining to digitalization to spur growth of digital twin market in India
14.4.4.4 South Korea
14.4.4.4.1 South Korea to record high growth rate
during forecast period
14.4.4.5 Rest of APAC
14.4.5 ROW
TABLE 177 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2016–2019 (USD MILLION)
TABLE 178 DIGITAL TWIN MARKET IN ROW, BY COUNTRY, 2020–2026 (USD MILLION)
TABLE 179 DIGITAL TWIN MARKET IN ROW, BY INDUSTRY, 2016–2019 (USD MILLION)
TABLE 180 DIGITAL TWIN MARKET IN ROW, BY INDUSTRY, 2020–2026 (USD MILLION)
14.4.5.1 Middle East
14.4.5.1.1 Growth of oil & gas industry to drive digital twin market in the Middle East
14.4.5.2 South America
14.4.5.2.1 Brazil and Argentina are major contributors to growth of digital twin market in South America
14.4.5.3 Africa
14.4.5.3.1 African telecommunication industry to see significant growth for digital twin market
15 APPENDIX
15.1 INSIGHTS OF INDUSTRY EXPERTS
15.2 DISCUSSION GUIDE
15.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.4 AVAILABLE CUSTOMIZATIONS
15.5 RELATED REPORTS
15.6 AUTHOR DETAILS
