SMART MANUFACTURING MARKET ANALYSIS

Regional Analysis

Global Smart Manufacturing Market: Regional Insights

The global smart manufacturing market is regionally divided into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.

Among regions, North America is expected to gain strong share in the global smart manufacturing market over the forecast period. This can be attributed to industrial revolution, in which data is used on a large scale for production, while the data is integrated with a variety of manufacturing systems in the supply chain in the U.S. Moreover, the growing automotive markets in the country, along with increasing economy of Canada with constant growth in past few years are also expected to drive growth of the market in the region.

Asia Pacific is also anticipated to witness strong growth in the global smart manufacturing market over the forecast period. This is due to rapid growth of manufacturing industry in countries such as China and India across the region. Manufacturing is one of the major features of China’s economy, which continues to grow. Furthermore, with increasing government initiatives, the manufacturing sector among these countries are witnessing strong growth. Thus, the region is expected to gain substantial growth in the global smart manufacturing market over the forecast period.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa