Product Code: ETC437762 | Publication Date: Jun 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
The North American Smart Manufacturing Market is expected to reach a value of USD 28.7 billion by 2027, registering a CAGR of 8.3%, during the forecast period 2021-2027. The rising demand for advanced manufacturing technologies among major end-users such as automotive and aerospace are projected to drive the market growth over the forecast period. Additionally, supportive government initiatives toward promoting smart technology implementation in various industries, increasing investments from venture capitalists, angel investors, and private equity firms in smart manufacturing startups are some of the other factors responsible for driving market growth across North America region.
North American Smart Manufacturing Market: Segment Analysis
Based on Component Type, hardware segment led the North American smart manufacturing market share with 32% in 2020 owing to increasing adoption rate of advanced industrial automation machinery such as robots or drones which facilitate increased efficiency and cost reduction while performing operations like material handling or inspection tasks across multiple sectors including automotive production plants and food & beverage facilities among others. In addition, growing need for remote access monitoring systems along with number of connected devices have propelled software sector’s sales volume generating revenues worth USD 5 billion in 2020 alone furthering its overall regional dominance throughout projection timeline till 2027.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Smart Manufacturing Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Smart Manufacturing Market Revenues & Volume, 2020 & 2028F |
3.3 North America Smart Manufacturing Market - Industry Life Cycle |
3.4 North America Smart Manufacturing Market - Porter's Five Forces |
3.5 North America Smart Manufacturing Market Revenues & Volume Share, By Countries, 2020 & 2028F |
3.6 North America Smart Manufacturing Market Revenues & Volume Share, By Information Technology:, 2020 & 2028F |
3.7 North America Smart Manufacturing Market Revenues & Volume Share, By Enabling Technology, 2020 & 2028F |
3.8 North America Smart Manufacturing Market Revenues & Volume Share, By Industry, 2020 & 2028F |
4 North America Smart Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Smart Manufacturing Market Trends |
6 North America Smart Manufacturing Market, 2017 - 2028 |
6.1 North America Smart Manufacturing Market, Revenues & Volume, By Information Technology:, 2017 - 2028 |
6.2 North America Smart Manufacturing Market, Revenues & Volume, By Enabling Technology, 2017 - 2028 |
6.3 North America Smart Manufacturing Market, Revenues & Volume, By Industry, 2017 - 2028 |
7 United States Smart Manufacturing Market, 2017 - 2028 |
7.1 United States Smart Manufacturing Market, Revenues & Volume, By Information Technology:, 2017 - 2028 |
7.2 United States Smart Manufacturing Market, Revenues & Volume, By Enabling Technology, 2017 - 2028 |
7.3 United States Smart Manufacturing Market, Revenues & Volume, By Industry, 2017 - 2028 |
8 Canada Smart Manufacturing Market, 2017 - 2028 |
8.1 Canada Smart Manufacturing Market, Revenues & Volume, By Information Technology:, 2017 - 2028 |
8.2 Canada Smart Manufacturing Market, Revenues & Volume, By Enabling Technology, 2017 - 2028 |
8.3 Canada Smart Manufacturing Market, Revenues & Volume, By Industry, 2017 - 2028 |
9 North America Smart Manufacturing Market Key Performance Indicators |
10 North America Smart Manufacturing Market - Opportunity Assessment |
10.1 North America Smart Manufacturing Market Opportunity Assessment, By Countries, 2020 & 2028F |
10.2 North America Smart Manufacturing Market Opportunity Assessment, By Information Technology:, 2020 & 2028F |
10.3 North America Smart Manufacturing Market Opportunity Assessment, By Enabling Technology, 2020 & 2028F |
10.4 North America Smart Manufacturing Market Opportunity Assessment, By Industry, 2020 & 2028F |
11 North America Smart Manufacturing Market - Competitive Landscape |
11.1 North America Smart Manufacturing Market Revenue Share, By Companies, 2020 |
11.2 North America Smart Manufacturing Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |