Smart Manufacturing Platform Market

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered
    1.4 Currency
    1.5 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Data From Primary Sources
                    2.1.2.3 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis(Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 30)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in Smart Manufacturing Platform Market
    4.2 Market, By Application and Region
    4.3 Country-Wise Smart Manufacturing Platform Market Growth Rate

5 Market Overview (Page No. - 37)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Growth in Industrial Automation
                    5.1.1.2 Support From Governments for Industrial Automation
                    5.1.1.3 Increasing Need for Streamlined and Automated Data to Enhance Productivity
           5.1.2 Restraints
                    5.1.2.1 Lack of Skilled IoT Workforce
                    5.1.2.2 Frequent Software Upgrade
           5.1.3 Opportunities
                    5.1.3.1 Growth in Adoption of IIoT and Cloud Technologies
                    5.1.3.2 Partnership of Platform Providers With Cloud Service Providers
           5.1.4 Challenges
                    5.1.4.1 Complexity in Integration of Smart Manufacturing Platform
                    5.1.4.2 Wireless Networking May Lead to Concerns Over Security

6 Smart Manufacturing Platform Market, By Type (Page No. - 41)
    6.1 Introduction
    6.2 Device Management
           6.2.1 Increasing Number of IoT Devices Requiring Device Management Platforms Driving the Growth of Market
    6.3 Connectivity Management
           6.3.1 Connectivity Management Platforms Ensure Connectivity of Devices
    6.4 Application Enablement Platform
           6.4.1 Market for Application Enablement Platform is Expected to Grow at Significant Rate

7 Smart Manufacturing Platform Market, By Application (Page No. - 44)
    7.1 Introduction
    7.2 Performance Optimization
           7.2.1 Increasing Need for Monitoring Operations and Production Processes Drives the Growth of Market
    7.3 Asset and Condition Monitoring
           7.3.1 Market is Driven By Increasing Need for Monitoring Equipment and Assets in Real Time
    7.4 Others

8 Smart Manufacturing Platform Market, By Industry (Page No. - 51)
    8.1 Introduction
    8.2 Process Industry
           8.2.1 Oil & Gas
                    8.2.1.1 Oil & Gas is One of the Critical Industries for Market as It Requires Continuous Monitoring of Processes
           8.2.2 Power & Energy
                    8.2.2.1 Power & Energy is the Fastest-Growing Process Industry for the Market as It Requires Optimum Utilization of Available Resources
           8.2.3 Chemicals
                    8.2.3.1 Increasing Stringent Regulations Require the Adoption of Automated Solutions and Smart Tools Driving the Growth of Market
           8.2.4 Pharmaceuticals
                    8.2.4.1 Automation Improves Compliance and Minimizes Deviations
           8.2.5 Food & Beverages
                    8.2.5.1 Requirement to Reduce Operational Downtime and Manage Assets Creates Demand for the Market
           8.2.6 Metals and Mining
                    8.2.6.1 Requirement of Optimum Production With Precise Control on Power Consumption in the Metal & Mining Industry Drives the Growth of the Market
           8.2.7 Other
    8.3 Discrete Industry
           8.3.1 Automotive
                    8.3.1.1 Increasing Adoption of Advanced Technologies Such as Machine Vision, Collaborative Robots, and Artificial Intelligence Drives the Growth of Market
           8.3.2 Electronics and Semiconductor
                    8.3.2.1 Intense Cost Pressure and Requirement of Faster Time-To-Market for Automation Technologies Drive the Growth of Market
           8.3.3 Industrial Manufacturing
                    8.3.3.1 to Reduce Downtime and Enhance Operation Efficiency, Smart Manufacturing Platforms are Used
           8.3.4 Medical Devices
                    8.3.4.1 Increasing Automation in Industry to Ensure Safety, Accuracy, and Regulatory Compliance Throughout the Production Process Drives the Growth of Market
           8.3.5 Aerospace and Defense
                    8.3.5.1 Long Product Life Cycles and Regulatory Compliance Drive Demand for Automation Technologies
           8.3.6 Others

9 Smart Manufacturing Platform Market, By Deployment Type (Page No. - 76)
    9.1 Introduction
    9.2 Cloud
           9.2.1 Advantages Offered By Cloud Deployment Include Greater Scalability, Cost Effectiveness, and Reliability, Driving the Growth of the Market
    9.3 On-Premises
           9.3.1 On-Premises Deployments Enable Complete Control Over Data

10 Geographic Analysis (Page No. - 79)
     10.1 Introduction
     10.2 North America
             10.2.1 US
                        10.2.1.1 Increasing Efforts of Leading and Start-Up Players to Explore Opportunities for Smart Manufacturing Platform Drives the Growth of Market
             10.2.2 Canada
                        10.2.2.1 Adoption of Technologies Such as AI, IIoT, and Machine Learning in Discrete Industries Provides Opportunity to the Market
             10.2.3 Mexico
                        10.2.3.1 Increasing Investments By Different Countries in Mexico Provide Opportunity for the Market
     10.3 Europe
             10.3.1 UK
                        10.3.1.1 Adoption of Smart Manufacturing Platforms in the Automotive Industry is Expected to Boost the Growth of the Market
             10.3.2 Germany
                        10.3.2.1 Country Being One of the Early Adopters of Advanced Technology in the Industrial Segment Provides Opportunity for Market
             10.3.3 France
                        10.3.3.1 One of the Leading Countries for High Industrial Output Creates Ample Opportunity for the Market
             10.3.4 Italy
                        10.3.4.1 Collaborations With Different Government Bodies and Strategic Partnerships Provide Opportunity to the Market
             10.3.5 Rest of Europe
     10.4 APAC
             10.4.1 China
                        10.4.1.1 Increasing Need for the Adoption of Automation Technologies and Government Support to Spur the Growth of Industrialization Drives the Smart Manufacturing Platform Market
             10.4.2 Japan
                        10.4.2.1 Automotive, Consumer Electronics, and Industrial Manufacturing are Important Industries That Would Provide Opportunity to the Market
             10.4.3 South Korea
                        10.4.3.1 Government Support to Modernize Manufacturing Industry Provides Opportunity for the Market
             10.4.4 India
                        10.4.4.1 Different Government Initiatives to Support the Growth of Manufacturing Sector Drive the Automation Market, Providing Opportunity for the Market
             10.4.5 Rest of APAC
     10.5 RoW
             10.5.1 South America
                        10.5.1.1 Adoption of IoT Technologies in Different Industries Drives the Growth of Market
             10.5.2 Middle East & Africa
                        10.5.2.1 Increasing Adoption of Advanced Technologies in Oil & Gas and Mining Industries Provides Opportunity for the Market

11 Competitive Landscape (Page No. - 102)
     11.1 Overview
     11.2 Market Ranking Analysis
             11.2.1 Product Launches
             11.2.2 Agreements, Collaborations, Partnerships, and Contracts
             11.2.3 Mergers & Acquisitions
             11.2.4 Expansions
     11.3 Competitive Leadership Mapping
             11.3.1 Visionary Leaders
             11.3.2 Dynamic Differentiators
             11.3.3 Innovators
             11.3.4 Emerging Players

12 Company Profile (Page No. - 109)
     12.1 Introduction
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
     12.2 Key Players
             12.2.1 Microsoft
             12.2.2 IBM
             12.2.3 PTC Inc.
             12.2.4 SAP SE
             12.2.5 Hitachi
             12.2.6 ABB
             12.2.7 Amazon
             12.2.8 Bosch
             12.2.9 Emerson
             12.2.10 Fujitsu Ltd.
             12.2.11 GE
             12.2.12 Rockwell Automation
             12.2.13 Schneider Electric
             12.2.14 Siemens
             12.2.15 Telit
     12.3 Other Key Players
             12.3.1 Accenture
             12.3.2 Atos
             12.3.3 C3IoT
             12.3.4 Cisco
             12.3.5 Oracle
             12.3.6 Software AG
     12.4 Emerging Players
             12.4.1 Altizon
             12.4.2 Flutura
             12.4.3 QiO Technologies
             12.4.4 Seebo
             12.4.5 Litmus Automation
             12.4.6 Losant

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 161)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details

List of Tables (66 Tables)

Table 1 Smart Manufacturing Platform Market, By Type, 2015–2024 (USD Billion)
Table 2 Market, By Application, 2015–2024 (USD Billion)
Table 3 Market for Performance Optimization, By Industry, 2015–2024 (USD Million)
Table 4 Market for Performance Optimization, By Discrete Industry, 2015–2024 (USD Million)
Table 5  Market for Performance Optimization, By Process Industry, 2015–2024 (USD Million)
Table 6 Market for Asset and Condition Monitoring, By Industry, 2015–2024 (USD Million)
Table 7 Market for Asset and Condition Monitoring, By Discrete Industry, 2015–2024 (USD Million)
Table 8 Market for Asset and Condition Monitoring, By Process Industry, 2015–2024 (USD Million)
Table 9 Market for Other Application, By Industry, 2015–2024 (USD Million)
Table 10 Market for Other Application, By Discrete Industry, 2015–2024 (USD Million)
Table 11 Market for Other Applications, By Process Industry, 2015–2024 (USD Million)
Table 12 Market, By Industry, 2015–2024 (USD Billion)
Table 13 Market, for Process Industry, 2015–2024 (USD Million)
Table 14 Market, for Process Industry, By Application, 2015–2024 (USD Million)
Table 15 Market, for Process Industry, By Region, 2015–2024 (USD Million)
Table 16 Market, for Oil & Gas Industry, By Application, 2015–2024 (USD Million)
Table 17 Market, for Oil & Gas Industry, By Region, 2015–2024 (USD Million)
Table 18 Market, for Power & Energy Industry, By Application, 2015–2024 (USD Million)
Table 19 Market, for Power & Energy Industry, By Region, 2015–2024 (USD Million)
Table 20 Market, for Chemical Industry, By Application, 2015–2024 (USD Million)
Table 21 Market, for Chemical Industry, By Region, 2015–2024 (USD Million)
Table 22  Market, for Pharmaceutical Industry, By Application, 2015–2024 (USD Million)
Table 23 Market, for Pharmaceutical Industry, By Region, 2015–2024 (USD Million)
Table 24 Market, for Food & Beverages Industry, By Application, 2015–2024 (USD Million)
Table 25 Market, for Food & Beverages Industry, By Region, 2015–2024 (USD Million)
Table 26 Market, for Metal & Mining Industry, By Application, 2015–2024 (USD Million)
Table 27 Market, for Metal & Mining Industry, By Region, 2015–2024 (USD Million)
Table 28 Market, for Other Process Industries, By Application, 2015–2024 (USD Million)
Table 29 Market, for Other Process Industries, By Region, 2015–2024 (USD Million)
Table 30 Market, for Discrete Industry, 2015–2024 (USD Million)
Table 31 Market, for Discrete Industry, By Application, 2015–2024 (USD Million)
Table 32 Market, for Discrete Industry, By Region, 2015–2024 (USD Million)
Table 33 Market, for Automotive Industry, By Application, 2015–2024 (USD Million)
Table 34 Market, for Automotive Industry, By Region, 2015–2024 (USD Million)
Table 35 Market, for Electronics and Semiconductor Industry, By Application, 2015–2024 (USD Million)
Table 36 Market, for Electronics and Semiconductor Industry, By Region, 2015–2024 (USD Million)
Table 37 Market, for Industrial Manufacturing Industry, By Application, 2015–2024 (USD Million)
Table 38 Market, for Industrial Manufacturing Industry, By Region, 2015–2024 (USD Million)
Table 39 Market, for Medical Devices Industry, By Application, 2015–2024 (USD Million)
Table 40 Market, for Medical Devices Industry, By Region, 2015–2024 (USD Million)
Table 41 Market, for Aerospace and Defense Industry, By Application, 2015–2024 (USD Million)
Table 42 Market, for Aerospace and Defense Industry, By Region, 2015–2024 (USD Million)
Table 43 Market, for Other Discrete Industries, By Application, 2015–2024 (USD Million)
Table 44 Market, for Other Discrete Industries, By Region, 2015–2024 (USD Million)
Table 45 Market, By Deployment Type, 2015–2024 (USD Billion)
Table 46 Market, By Region, 2015–2024 (USD Billion)
Table 47 Market, in North America, By Country, 2015–2024 (USD Million)
Table 48 Market, in North America, By Industry, 2015–2024 (USD Million)
Table 49 Market, in North America, for Discrete Industry, 2015–2024 (USD Million)
Table 50 Market, in North America, for Process Industry, 2015–2024 (USD Million)
Table 51 Market, in Europe, By Country, 2015–2024 (USD Million)
Table 52 Market, in Europe, By Industry, 2015–2024 (USD Million)
Table 53 Market, in Europe, for Discrete Industry, 2015–2024 (USD Million)
Table 54 Market, in Europe, for Process Industry, 2015–2024 (USD Million)
Table 55 Market, in APAC, By Country, 2015–2024 (USD Million)
Table 56 Market, in APAC, By Industry, 2015–2024 (USD Million)
Table 57 Market, in APAC, for Discrete Industry, 2015–2024 (USD Million)
Table 58 Market, in APAC, for Process Industry, 2015–2024 (USD Million)
Table 59 Market, in RoW, By Region, 2015–2024 (USD Million)
Table 60 Market, in RoW, By Industry, 2015–2024 (USD Million)
Table 61 Market, in RoW, for Discrete Industry, 2015–2024 (USD Million)
Table 62 Market, in RoW, for Process Industry, 2015–2024 (USD Million)
Table 63 New Product Launches, 2017–2018
Table 64 Agreements, Collaborations, Partnerships and Contracts, 2017–2019
Table 65 Mergers & Acquisitions, 2017-2018
Table 66 Expansions, 2017-2018

List of Figures (52 Figures)

Figure 1 Smart Manufacturing Platform Market Segmentation
Figure 2 Market: Process Flow of Market Size Estimation
Figure 3 Market: Research Design
Figure 4 Market: Bottom-Up Approach
Figure 5 Top-Down Approach to Arrive at Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Process Industry is Expected to Hold Larger Size of  Market By 2024
Figure 9 Automotive Industry to Witness Highest CAGR in SMP Market for Discrete Industry During Forecast Period
Figure 10 Device Management Platform is Expected to Hold Largest Share of Market in 2024
Figure 11 North America to Account for Largest Share in the SMP Market By 2024
Figure 12 Rising Importance of Smart Manufacturing and Industry 4.0 to Surge Market Growth During Forecast Period
Figure 13 Performance Optimization Application and North America Region are Expected to Account for Largest Share in SMP Market in 2024
Figure 14 Market in APAC to Grow at Fastest Rate During Forecast Period
Figure 15 Growth in Industrial Automation, Along With Different Governments Supporting Industrial Automation, is Expected to Drive Growth of Market
Figure 16 Device Management Platform to Hold Largest Share for Market By 2024
Figure 17 Performance Optimization Application to Hold Largest Share of Smart Manufacturing Market By 2024
Figure 18 Discrete Industry for Market to Grow at the Highest CAGR During the Forecast Period
Figure 19 Power & Energy Industry to Grow at the Highest CAGR for Market During the Forecast Period
Figure 20 Market, for Oil & Gas Industry in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 21 Market, for Power & Energy Industry in APAC Region to Hold Largest Share in 2024
Figure 22 North America to Hold Largest Market Size of Market During the Forecast Period
Figure 23 Automotive Industry to Grow at the Highest CAGR for Market During the Forecast Period
Figure 24 Market for Automotive Industry in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 25 Market for Electronics and Semiconductor Industry in APAC to Hold Largest Market Share in 2024
Figure 26 Cloud Deployment for Market to Grow at the Highest CAGR During the Forecast Period
Figure 27 North America to Dominate Market During the Forecast Period
Figure 28 Market Snapshot in North America
Figure 29 US to Lead Market in North America During Forecast Period
Figure 30 Market Snapshot in Europe
Figure 31 Germany to Hold Largest Size of Market in Europe During Forecast Period
Figure 32 Market Snapshot in APAC
Figure 33 China to Command Market in APAC During Forecast Period
Figure 34 South America to Lead Market in RoW During Forecast Period
Figure 35 Organic and Inorganic Strategies Adopted By Companies Operating in Market
Figure 36 Market Player Ranking, 2018
Figure 37 Market (Global) Competitive Leadership Mapping (2018)
Figure 38 Company Snapshot: Microsoft
Figure 39 Company Snapshot: IBM
Figure 40 Company Snapshot: PTC
Figure 41 Company Snapshot: SAP
Figure 42 Company Snapshot: Hitachi
Figure 43 Company Snapshot: ABB
Figure 44 Company Snapshot: Amazon
Figure 45 Company Snapshot: Bosch
Figure 46 Company Snapshot: Emerson
Figure 47 Company Snapshot: Fujitsu Ltd.
Figure 48 Company Snapshot: GE
Figure 49 Company Snapshot Rockwell Automation
Figure 50 Company Snapshot: Schneider Electric
Figure 51 Company Snapshot: Siemens
Figure 52 Company Snapshot: Telit

The study has involved four major activities in estimating the size of the smart manufacturing platform market. Exhaustive secondary research has been done to collect information on the market, the peer market, and the parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the total market size. After that, market breakdown and data triangulation methods have been used to estimate the market for segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as Hoovers, Bloomberg BusinessWeek, and Factiva have been referred to identify and collect information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard and silver-standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The smart manufacturing platform market comprises several stakeholders, such as software providers, cloud service providers, and automation solution providers in the supply chain. The demand side of this market includes various process industries, such as oil & gas, chemicals, energy & power, food & beverages, pharmaceuticals, mining & metals, while discrete industries such as automotive, manufacturing, and aerospace & defense. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. The breakdown of primary respondents is as follows

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches have been used to estimate and validate the total size of the smart manufacturing platform market. These methods have also been used extensively to determine the size of various subsegments in the market. The research methodology used to estimate the market size is as follows:

• Key players in the industry and markets have been identified through extensive secondary research.
• The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
• Players offering various types of smart manufacturing platforms are considered, their revenue for software segment and then for these types of platforms has been observed to arrive at global numbers.
• All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market has been split into several segments and subsegments. To complete the entire market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation, and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides in various discrete and process industries.

Report Objectives

• To define, describe, and forecast the smart manufacturing platform market, in terms of value, segmented on the basis of deployment, type, application, industry, and geography.
• To describe and forecast the market, in terms of value, for various segments with regard to main regions, namely, North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, opportunities, and challenges pertaining to the smart manufacturing platform market
• To strategically analyze micromarkets1 with respect to the individual growth trends, prospects, and contribution to the total market
• To strategically profile key players and comprehensively analyze their market ranking on the basis of their revenues and core competencies2 and detail the competitive landscape for the market leaders
• To analyze developments such as contracts, partnerships, expansions, acquisitions, product launches and advancements, and research & development (R&D) in the smart manufacturing platform market

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players