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Smart Manufacturing Market Size is Projected to Reach USD 314,839.98 Million by 2025 | Valuates ReportsBANGALORE, India, Sept. 14, 2020 /PRNewswire/ -- Major factors driving the Smart Manufacturing Market size include the increasing adoption of Industry 4.0, increased focus on industrial automation in manufacturing processes, increased government participation in promoting industrial automation, increased emphasis on regulatory enforcement, growing supply chain complexities, and increased demand for time and cost-effective software systems.  The Global Smart Manufacturing Market is expected to grow from USD 157,289.47 Million in 2019 to USD 314,839.98 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 12.26%. Get Detailed Analysis of COVID-19 Impact on Smart Manufacturing Market: https://reports.valuates.com/request/sample/360I-Auto-2H346/The_Global_Smart_Manufacturing TRENDS INFLUENCING THE SMART MANUFACTURING MARKET SIZE Government policies and investments to encourage smart manufacturing adoption are expected to increase the smart manufacturing market size during the forecast period. The implementation of international standards on environmental management systems has developed considerably. This also forces manufacturers to invest in energy-saving strategies, thereby fuelling the smart manufacturing market size. Although cost reduction and industrial intelligence are the primary goals of industry players, the emphasis on product quality, sustainability, and compliance is gaining prominence. The return on investments in smart manufacturing is one of the major drivers, with multiple producers reporting quantifiable benefits. It includes energy conservation, reduced incidences of injury, reduced cycle times, and lower maintenance costs. Data & security-related problems, which occur due to a high reliance on technology & data integration, could hamper the smart manufacturing market size. Intelligent production and supply chain networks are linked with data resources that can be targeted for different cyber-attacks. View Full Report: https://reports.valuates.com/market-reports/360I-Auto-2H346/the-global-smart-manufacturing SMART MANUFACTURING SHARE ANALYSIS North America is expected to hold the largest Smart Manufacturing Market share during the forecast period. The US is at the forefront of the fourth industrial revolution, where data are used to manufacture on a large scale, and data are combined into a wide variety of distribution processes around the supply chain. Asia-Pacific is expected to witness the highest growth during the forecast period due to rapid industrial development, increased foreign direct investment, and the establishment of large multinationals in the sector. Based on Geography, the Smart Manufacturing Market studied across
Inquire for Regional Data: https://reports.valuates.com/request/regional/360I-Auto-2H346/The_Global_Smart_Manufacturing SMART MANUFACTURING MARKET SEGMENTATION Based on Technology, the Smart Manufacturing Market studied across
Based on End User, the Smart Manufacturing Market studied across
Key Companies:
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The Global Smart Factory Market is expected to grow from USD 152,243.88 Million in 2019 to USD 267,421.67 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 9.84%. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market. View Full Report: https://reports.valuates.com/market-reports/360I-Auto-4W350/the-global-smart-factory-market
The Global Manufacturing Execution System Market is expected to grow from USD 10,802.78 Million in 2019 to USD 24,344.35 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 14.50%. The automotive Industry expected to account for the largest Manufacturing Execution System Market share in 2016. View Full Report: https://reports.valuates.com/market-reports/360I-Auto-3Z262/the-global-manufacturing-execution-system
View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0V316/smart-manufacturing-platform
Industry 4.0 Market to grow from USD 68,125.13 Million in 2018 to USD 205,236.13 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 17.06%. Some of the major market players include ABB, Basler AG, DENSO CORPORATION, IBM, and SAP. View Full Report: https://reports.valuates.com/market-reports/360I-Auto-4S58/industry-4..0
The global Industrial Controls and Factory Automation market size is projected to reach USD 194170 Million by 2026, from USD 128090 Million in 2020. View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-0O1583/global-industrial-controls-and-factory-automation ABOUT US: Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources CONTACT US: Valuates Reports Logo : https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
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