US smart manufacturing market is projected to grow at a significant CAGR of around 2.8% during the forecast period (2020-2026). The smart manufacturing market in US is expected to grow at a considerable growth during the forecast period, backed by the huge adoption of advanced technologies in the manufacturing sector and the continuous research for the smart manufacturing technologies in the research institutes.
- In September 2020, Deloitte and Wichita State University announced the launch of new smart factory, ‘The Smart Factory @ Wichita’ on the Wichita State’s Innovation Campus. The factory will include full-scale production line based on smart manufacturing capabilities, dedicated space for chosen ecosystem sponsors, and labs exploring smart factory capabilities.
- In May 2020, the US Department of Energy’s (DOE) Clean Energy Smart Manufacturing Innovation Institute (CESMII) granted $7.0 million funding for the enhancement of energy-economical manufacturing processes, with an aim of strengthening the manufacturing sector of the US.
- In October 2019, Hexagon’s Manufacturing Intelligence announced related to the HxGN LIVE Smart Manufacturing Day at its North American headquarters at Quonset Business Park, North Kingstown, RI.
- In July 2019, Ericsson announced its plan of building the fully-automated smart manufacturing facility in the US. The facility will be incorporated with advanced antenna system radios, in order to extend network coverage and capacity; 5G radios for urban areas, offering growth to the smart manufacturing market in the region.
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the full report description US 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 at https://www.omrglobal.com/industry-reports/us-smart-manufacturing-market
Market Coverage
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Report Elements
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Details
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Study Period
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2019-2026
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Base year
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2019
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Forecast period
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2020-2026
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Segments Covered
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By Component, By Technology, and By End-Use Industry
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Key Companies Profiled
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ABB Ltd., Emerson Electric Co., SAP SE,
Schneider Electric SE, Siemens AG, Honeywell International, Inc., General
Electric Co., and Intel Corp.
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Key questions addressed by the report
- What is the market growth rate during the forecast period?
- Which segment dominates the market in base year?
- Which segment will project fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and coming years?
o Recovery Timeline
o Deviation from pre-COVID
o Most affected segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
US Smart Manufacturing Market – Segmentation
By Component
- Hardware
- Software & Services
By Technology
- Programmable Logic Controller (PLC)
- Supervisory Controller and Data Acquisition (SCADA)
- Machine Vision
- Distributed Control System (DCS)
- Product Lifecycle Management (PLM)
- Others (3D Printing)
By End-Use Industry
- Healthcare
- Automotive
- Aerospace & Defense
- Oil & Gas
- Food & Beverages
- Others (Chemical and Metals and Mining)