North American Smart Manufacturing Market
North American Smart Manufacturing Market Size, Share & Trends Analysis Report by Component (Hardware and Software & Services), by Technology (Programmable Logic Controller (PLC), Supervisory Controller and Data Acquisition (SCADA), Machine Vision, Distributed Control System (DCS), Product Lifecycle Management (PLM), and Others), and by End-Use Industry (Healthcare, Automotive, Aerospace & Defense, Oil & Gas, Food & Beverages, and Others) and Forecast 2020-2026 Update Available - Forecast 2024-2030
The North American smart manufacturing market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the continuous adoption of automation in the manufacturing industry, to cater the increasing production demands from the region. The smart manufacturing market is classified on the basis of component, technology, and end-use industry. Based on component, the market is bifurcated into hardware and software & services. Based on technology, the market is segmented into PLC, SCADA, machine vision, DCS, PLM, and others. Based on end-use industry, the market is segregated into healthcare, automotive, aerospace & defense, oil & gas, food & beverages, and others. Among these end-use industries, the automobile industry is contributing significantly in the market growth. This growth is attributed to the significant adoption of automation in automotive industry, which is considerably transforming research, design and manufacturing processes in the industry.
North America's smart manufacturing market is segmented on the basis of countries, the US and Canada. The US held the largest market value, around 90.0%, in the North American smart manufacturing market due to ongoing research activities related to different types of smart manufacturing to improve manufacturing facilities in the country. Furthermore, the country has the presence of some of the leading market players, such as ABB Ltd., Emerson Electric Co., contributes to the significant growth in the smart manufacturing in the US. However, Canada is expected to project a considerable CAGR in the North American smart manufacturing market during the forecast period.
The North American smart manufacturing market is influenced by product development and advancements conducted by the market players. The key players of the smart manufacturing market include ABB Ltd., Emerson Electric Co., SAP SE, Schneider Electric SE, Siemens AG, Honeywell International, Inc., General Electric Co., and Intel Corp. These players are playing a significant role in the growth of the smart manufacturing market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
RESEARCH METHODOLOGY
The market study of the North American smart manufacturing market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- North American Smart Manufacturing Market Research and Analysis by Component
- North American Smart Manufacturing Market Research and Analysis by Technology
- North American Smart Manufacturing Market Research and Analysis by End-Use Industry
The Report covers:
- Comprehensive research methodology of the North American smart manufacturing market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American smart manufacturing market.
- Insights about market determinants which are stimulating the North American market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. ABB Ltd.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Emerson Electric Co.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. SAP SE
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Schneider Electric SE
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Siemens AG
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Smart Manufacturing Market by Component
5.1.1. Hardware
5.1.2. Software & Services
5.2. North American Smart Manufacturing Market by Technology
5.2.1. Programmable Logic Controller (PLC)
5.2.2. Supervisory Controller and Data Acquisition (SCADA)
5.2.3. Machine Vision
5.2.4. Distributed Control System (DCS)
5.2.5. Product Lifecycle Management (PLM)
5.2.6. Others (3D Printing)
5.3. North American Smart Manufacturing Market by End-Use Industry
5.3.1. Healthcare
5.3.2. Automotive
5.3.3. Aerospace & Defense
5.3.4. Oil & Gas
5.3.5. Food & Beverages
5.3.6. Others (Chemical and Metals and Mining)
6. Regional Analysis
6.1. United States
6.2. Canada
7. Company Profiles
7.1. ABB Ltd.
7.2. Cisco Systems, Inc.
7.3. DXC Technology Co.
7.4. Emerson Electric Co.
7.5. Fanuc Corp.
7.6. Fujitsu Ltd.
7.7. General Electric Co.
7.8. Honeywell International, Inc.
7.9. IBM Corp.
7.10. Intel Corp.
7.11. Larsen & Toubro Infotech Ltd.
7.12. Mitsubishi Electric Corp.
7.13. Oracle Corp.
7.14. Robert Bosch GmbH
7.15. Rockwell Automation, Inc.
7.16. SAP SE
7.17. Schneider Electric SE
7.18. Siemens AG
7.19. Wipro Ltd.
7.20. Yokogawa Electric Corp.
1. NORTH AMERICAN SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
2. NORTH AMERICAN SMART MANUFACTURING HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. NORTH AMERICAN SMART MANUFACTURING SOFTWARE & SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. NORTH AMERICAN SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
5. NORTH AMERICAN PLC MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. NORTH AMERICAN SCADA MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. NORTH AMERICAN MACHINE VISION MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. NORTH AMERICAN DISTRIBUTED CONTROL SYSTEM (DCS) MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. NORTH AMERICAN PRODUCT LIFECYCLE MANAGEMENT (PLM) MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
10. NORTH AMERICAN OTHER TECHNOLOGIES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. NORTH AMERICAN SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
12. NORTH AMERICAN SMART MANUFACTURING IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
13. NORTH AMERICAN SMART MANUFACTURING IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
14. NORTH AMERICAN SMART MANUFACTURING IN AEROSPACE & DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
15. NORTH AMERICAN SMART MANUFACTURING IN OIL & GAS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
16. NORTH AMERICAN SMART MANUFACTURING IN FOOD & BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
17. NORTH AMERICAN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
18. NORTH AMERICAN SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
19. US SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
20. US SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
21. US SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
22. CANADA SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
23. CANADA SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
24. CANADA SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2019-2026 ($ MILLION)
25. CANADA SMART MANUFACTURING MARKET RESEARCH AND ANALYSIS BY END-USE INDUSTRY, 2019-2026 ($ MILLION)
1. NORTH AMERICAN SMART MANUFACTURING MARKET SHARE BY COMPONENT, 2019 VS 2026 (%)
2. NORTH AMERICAN SMART MANUFACTURING MARKET SHARE BY TECHNOLOGY, 2019 VS 2026 (%)
3. NORTH AMERICAN SMART MANUFACTURING MARKET SHARE BY END-USE INDUSTRY, 2019 VS 2026 (%)
4. NORTH AMERICAN SMART MANUFACTURING MARKET SHARE BY GEOGRAPHY, 2019 VS 2026 (%)
5. US SMART MANUFACTURING MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA SMART MANUFACTURING MARKET SIZE, 2019-2026 ($ MILLION)
