Emergen Research Logo
Smart Manufacturing Platform Market Trends – Increasing adoption of advanced digital technologies across manufacturing industries
— Emergen Research
VANCOUVER, BC, CANADA, August 22, 2022 /EINPresswire.com/ — The global smart manufacturing platform market is expected to reach a market size of USD 29.64 Billion in 2028 and register a robust double-digit CAGR over the forecast period, according to latest analysis by Emergen Research. This steady growth can be attributed to rising need for real-time production monitoring and rising need to increase resource efficiency in a manufacturing network through dynamic sharing of manufacturing services, which is driving adoption of cloud manufacturing platforms. Industries are increasingly adopting smart manufacturing platforms to create smart manufacturing networks with higher productivity to improve resource efficiency and utilization rates. Cloud-enabled smart manufacturing platform help in identification of manufacturing inefficiencies and bottlenecks and streamlines manufacturing processes. Smart manufacturing platform provide real-time data collection and monitoring, which helps to improve productivity of production systems.
The report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments.
Click Here to Access Free sample PDF Copy of the Report https://www.emergenresearch.com/request-sample/515
Key Highlights of Report
In June 2020, Microsoft announced the acquisition of CyberX to accelerate and secure IoT deployments of customers. With the help of CyberX, customers can manage and improve the security postures of existing IoT devices. CyberX is expected to help customers see a digital map of thousands of devices across a factory floor, which would securely enable smart manufacturing across production facilities and the supply chain.
The performance optimization segment accounted for largest market share of 49.8% in 2019. Adoption of performance optimization applications and smart manufacturing platforms has been growing across industries such as energy & power, automotive, oil & gas, and electronics & semiconductors, which is driving revenue growth of the performance optimization segment to a significant extent.
Asia Pacific accounted for largest revenue share contribution to the global smart manufacturing platform market in 2019. Increasing initiatives by government regarding industrial automation is driving growth of the smart manufacturing platform market in the region.
Key companies operating in the Smart Manufacturing Platform market include:
Microsoft, IBM, PTC Inc., SAP SE, Hitachi, ABB, Amazon, Bosch, Emerson, and Fujitsu Ltd.
To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/smart-manufacturing-platform-market
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Smart Manufacturing Platform Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
Request a discount on the report @ https://www.emergenresearch.com/request-discount/515
Emergen Research has segmented the global smart manufacturing platform market on the basis of application, industries, type, and region:
Application Outlook (Revenue, USD Billion; 2021–2028)
Asset & Condition Monitoring
Performance Optimization
Others
Industries Outlook (Revenue, USD Billion; 2021–2028)
Discrete (Medical Devices, Electronics & Semiconductor, Automotive, Industrial Manufacturing, Aerospace & Defense)
Process (Chemicals, Food & Beverages, Oil & Gas, Metals & Mining, Power & Energy, Pharmaceuticals)
Type Outlook (Revenue, USD Billion; 2021–2028)
Connectivity Management
Device Management
Application Enablement
Regional Outlook (Revenue, USD Billion; 2021–2028)
North America
U.S.
Canada
Europe
Germany
U.K.
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Rest of MEA
Key Questions Addressed in the Report:
Who are the leading players in the Smart Manufacturing Platform industry?
Which region is expected to dominate the market in the coming years?
What are the key applications of Smart Manufacturing Platform?
Which segment is expected to garner traction during the coming years?
What are the key strategies adopted by leading players in the market?
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/515
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
Explore More Emergen Research Report @ www.emergenresearch.com
Building Energy Management System Market- https://www.emergenresearch.com/industry-report/building-energy-management-system-market
Smart Manufacturing Platform Market- https://www.emergenresearch.com/industry-report/smart-manufacturing-platform-market
Rtv Silicone Market- https://www.emergenresearch.com/industry-report/rtv-silicone-market
Healthcare It Market- https://www.emergenresearch.com/industry-report/healthcare-it-market
Text-To-Speech Market- https://www.emergenresearch.com/industry-report/text-to-speech-market
Driving Simulator Market- https://www.emergenresearch.com/industry-report/driving-simulator-market
Mushroom Cultivation Market- https://www.emergenresearch.com/industry-report/mushroom-cultivation-market
About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Read Full Press Release @ https://www.emergenresearch.com/press-release/global-smart-manufacturing-platform-market
Contact Us:
Eric Lee
Emergen Research
+91 90210 91709
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Smart Manufacturing Platform Market Size Worth USD 29.64 Billion by 2028
