Report Highlights
The global market for smart manufacturing should reach $392 billion by 2020 from $159 billion in 2015, at a compound annual growth rate (CAGR) of 19.8% from 2015 to 2020.
Report Includes
- An overview of the global markets and related technologies for smart manufacturing
- Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020
- Highlights of major goals the technology aims to achieve: interconnected, interdependent, and integrated manufacturing processes that leverage data to deliver greater information, leading to greater productivity and less waste
- Coverage of an array of IT products and services, including:
- Devices
- Networks & Gateways
- Applications
- M2M
- Analytics
- IoT
- A particular focus on the wearables segment in manufacturing as the growth of that segment may differ from the rest
- The market broken down by region, by industry, and by type of manufacturing
- Profiles of major players in the industry
Report Scope
This BCC Research study on smart manufacturing was conducted with a global perspective. Market projections for investments in smart manufacturing were developed for the five major regions with all market table values in 2016 U.S. dollars. The report provides an understanding of the way markets will be affected by smart manufacturing and insight into the new opportunities created by smart manufacturing.
The report contains:
- An in-depth analysis of the technologies used for smart manufacturing.
- Current and future market projections for smart manufacturing by region.
- Current and potential applications for smart manufacturing.
- Current and future market projections for smart manufacturing by industry.
- Profiles of current industry players, including suppliers of devices, connectivity, and platforms as well as service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.
Analyst Credentials
Nathalie Granato has more than 20 years of experience in IT market research and competitive intelligence, including nearly a decade working IBM. An industry analyst and subject matter expert on IT and competitive intelligence, she develops market strategies, projections and segmentation.
Related Reports
Global Digital Twin Market
The global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 45.7% from 2024 to 2029.
Passenger Information System: Global Markets
The global passenger information system market is estimated to grow from $14.0 billion in 2022 to $24.0 billion in 2027, with a compound annual growth rate (CAGR) of 11.5% for the period of 2022-2027.
Smart Cities: Growing New IT Markets
The global smart city technologies market should reach $2.8 trillion by 2027 from $1.0 trillion in 2022 at a compound annual growth rate (CAGR) of 22.6% for the forecast period of 2022 to 2027.
Cognitive Computing: Applications and Global Markets
The global market for cognitive computing should grow from $32.5 billion in 2021 to $147.8 billion by 2026 with a compound annual growth rate (CAGR) of 35.4% for the period of 2021-2026.
Recent Reports
Global Private 5G Network Market
The report provides an overview of the global private 5G network market size and a detailed analysis of the market players' products and strategies. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029.
Global IoT Testing Services Market
This report analyses the global market trends in IoT testing services with data from 2023, estimates for 2024, and projected CAGRs through 2029. It analyzes patent activity and emerging technologies in the IoT testing services market. The report also examines the competition among major players and provides profiles of leading companies.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
Cybersecurity: Technologies and Global Markets
The global market for cybersecurity technologies was valued at $208.1 billion in 2023. The market is expected to grow from $229.3 billion in 2024 to $396.8 billion by the end of 2029, at a compound annual growth rate, or CAGR, of 11.6% from 2024 to 2029.
3D Printing Medical Devices: Global Markets
The global market for 3D printing medical devices reached $2.1 billion in 2023. The market is estimated to grow from $2.2 billion in 2024 to $4.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2029.
Top Trending Reports
AI in Clinical and Molecular Diagnostics Market
The global market for AI in clinical and molecular diagnostics is expected to grow from $2.6 billion in 2024 and is projected to reach $8.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 27.6% during the forecast period of 2024 to 2029.
Point-of-Care Diagnostics: Technologies and Global Markets
The global market for point-of-care diagnostics was valued at $36.9 billion in 2023. It is expected to grow from $40.6 billion in 2024 to $65.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.2% from 2024 through 2029.
Medical Devices: Technologies and Global Markets
The global market for medical devices reached $739.6 billion in 2023. It is expected to grow from $810.4 billion in 2024 to $1.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Global Artificial Intelligence (AI) Market: Investments vs Potential
The global market for artificial intelligence (AI) is estimated to increase from $148.8 billion in 2023 to reach $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 39.7% from 2024 through 2029.
CRISPR Technology: Global Markets
The global market for CRISPR technology was valued at $3.4 billion in 2023. This market is expected to grow from $3.8 billion in 2024 to $7.5 billion by the end of 2029, at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More