Smart Manufacturing Market (By Technology: PLC, Machine Execution Systems, Enterprise Resource Planning, DCS, SCADA, Human Machine Interface, 3D Printing, Machine Vision, Plant Asset Management, and PLM; By Component: Software, Hardware, and Services; By End-use: Aerospace & Defense, Automotive, Chemicals & Materials, Industrial Equipment, Healthcare, Electronics, Oil & Gas, Food & Agriculture, and Others) - Global Market Size, Trends Analysis, Segment Forecasts, Regional Outlook 2020 - 2027
The global smart manufacturing market was valued at USD 199.18 Billion in 2019 and expected to reach USD 489.66 Billion by 2027, with at a compound annual growth rate (CAGR) of 11.9% during the forecast period 2020 to 2027.
Growth Factors
With the advent of Internet of Things (IoT) revolution, there has been sign