Report Highlights
The global market for smart manufacturing should reach $392 billion by 2020 from $159 billion in 2015, at a compound annual growth rate (CAGR) of 19.8% from 2015 to 2020.
Report Includes
- An overview of the global markets and related technologies for smart manufacturing
- Analyses of market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020
- Highlights of major goals the technology aims to achieve: interconnected, interdependent, and integrated manufacturing processes that leverage data to deliver greater information, leading to greater productivity and less waste
- Coverage of an array of IT products and services, including:
- Devices
- Networks & Gateways
- Applications
- M2M
- Analytics
- IoT
- A particular focus on the wearables segment in manufacturing as the growth of that segment may differ from the rest
- The market broken down by region, by industry, and by type of manufacturing
- Profiles of major players in the industry
Report Scope
This BCC Research study on smart manufacturing was conducted with a global perspective. Market projections for investments in smart manufacturing were developed for the five major regions with all market table values in 2016 U.S. dollars. The report provides an understanding of the way markets will be affected by smart manufacturing and insight into the new opportunities created by smart manufacturing.
The report contains:
- An in-depth analysis of the technologies used for smart manufacturing.
- Current and future market projections for smart manufacturing by region.
- Current and potential applications for smart manufacturing.
- Current and future market projections for smart manufacturing by industry.
- Profiles of current industry players, including suppliers of devices, connectivity, and platforms as well as service providers and users.
- A review of the economic/market opportunities for current industry participants and new entrants.
Analyst Credentials
Nathalie Granato has more than 20 years of experience in IT market research and competitive intelligence, including nearly a decade working IBM. An industry analyst and subject matter expert on IT and competitive intelligence, she develops market strategies, projections and segmentation.
Related Reports
Smart Transportation: Technologies and Markets
The global smart transportation market was valued at $152.6 billion in 2023. The market is expected to grow from $181.7 billion in 2024 to $484.5 billion by 2029, at a compound annual growth rate (CAGR) of 21.7% from 2024 through 2029.
Global Digital Twin Market
The global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 45.7% from 2024 to 2029.
Passenger Information System: Global Markets
The global passenger information system market is estimated to grow from $14.0 billion in 2022 to $24.0 billion in 2027, with a compound annual growth rate (CAGR) of 11.5% for the period of 2022-2027.
Smart Cities: Growing New IT Markets
The global smart city technologies market should reach $2.8 trillion by 2027 from $1.0 trillion in 2022 at a compound annual growth rate (CAGR) of 22.6% for the forecast period of 2022 to 2027.
Recent Reports
Wi-Fi 7: Global Markets to 2030
This report provides an overview of the global Wi-Fi 7 market and analyses market trends. It includes global revenue ($ millions) for base year data of 2024, estimates for 2025, and projected CAGRs from 2025 through 2030. The report focuses on the major driving trends and challenges affecting the global Wi-Fi 7 market.
EV Regional Analysis Market: Middle East and North Africa
This report provides an in-depth analysis of the electric vehicle (EV) market in the Middle East and North Africa (MENA) region. It covers various aspects of the market, including technological advancements, regulatory policies and frameworks, investment trends, and consumer adoption patterns. The report also discusses market dynamics and trends that shape the growth trajectory and competitive landscape in MENA EV market.
E-commerce Regional Analysis Market: Middle East and North Africa
This report provides an in-depth analysis of the MENA E-commerce market, highlighting its current and future potential. It provides a detailed examination of market drivers, restraints, challenges, opportunities, and projections of CAGRs through 2029.
Antenna: Including Patch, Embedded, Fractal, Smart and Reflectors
The global antennas market is expected to grow from $23.6 billion in 2024 and is projected to reach $34.4 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.8% during the forecast period of 2024 to 2029.
2024 AI & IoT Technology Research Review
This 2024 Research Review of AI & IoT Technology Market provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Top Trending Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Global Diabetic Care Devices Market
The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.
Single-Cell Genomics and Proteomics: Emerging Technologies and Markets
The global market for single-cell genomics and proteomics is expected to grow from $4.0 billion in 2024 to reach $9.1 billion by the end of 2029, at a compound annual growth rate (CAGR) of 17.6% from 2024 through 2029.
Global Lithium-ion Battery Market
The global market for lithium-ion battery (LIB) is expected to grow from $117.8 billion in 2024 and is projected to reach $221.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 13.5% during the forecast period of 2024 to 2029.
2024 Medical Devices Research Review
The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years These devices treat and diagnose a multitude of patient conditions and work much better than drugs.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More