A comprehensive study exploring emerging market pathways on, “Smart Manufacturing Market Size, Share & Trends Analysis Report by Technology (Industrial IoT (IIoT), Artificial Intelligence (AI) and Machine Learning (ML), Cloud Computing, Big Data Analytics, Augmented Reality (AR) & Virtual Reality (VR), Digital Twin, 3D Printing/ Additive Manufacturing, Cybersecurity and Others), Component, Automation Technology, Deployment Mode, Enterprise Size, Application, Industry Vertical and Geography (North America, Europe, Asia Pacific, Middle East, Africa, and South America) – Global Industry Data, Trends, and Forecasts, 2025–2035” An In‑depth study examining emerging pathways in the smart manufacturing market identifies critical enablers from localized R&D and supply-chain agility to digital integration and regulatory convergence positioning smart manufacturing market for sustained international growth.
Global Smart Manufacturing Market Forecast 2035:
According to the report, the global smart manufacturing market is likely to grow from USD 94.3 Billion in 2025 to USD 312.3 Billion in 2035 at a highest CAGR of 12.7% during the time period. The smart manufacturing market is experiencing speedy growth driven by increasing demand for automation, efficiency, and data-driven production. Sectors such as automotive, electronics and consumer goods are leveraging smart technology solutions to drive productivity, reduce downtime, and improve energy efficiency. This shift indicates a digital transformation from traditional “factories” to more connected, intelligent systems that are increasingly focused on sustainability, flexibility, and precision.
The companies are rolling out next generation smart manufacturing enabled by AI, IoT, and cloud capabilities. For example, in 2025, Siemens introduced an AI-enabled platform that predicts impending equipment failure while suggesting optimized workflows and tools, and later that same year, Rockwell Automation rolled out cloud-based analytics software and tools for analysis and real-time operational control. These advancements illustrate how intelligent automation and new data integration capabilities are changing traditional manufacturing.
The smart manufacturing market outlook is strong with industries focusing on sustainability, cost-effective manufacturing, and resilience. The ongoing advanced integration of robotics, analytics, and energy-efficient systems will continue to modernize digital factories and make smart manufacturing the base for modern competitive industrial operations.
“Key Driver, Restraint, and Growth Opportunity Shaping the Global Smart Manufacturing Market”
Manufacturers are increasingly adopting tools that are AI-optimized, IoT-enabled and data-centered to enhance productivity, lower total cost of operation, and achieve sustainable manufacturing targets as a result of the implications and opportunities signified by Industry 4.0. Connected machine systems and autonomous and semi-autonomous robots operating on real-time data in smart factories facilitate workflow optimization, predictive maintenance, and supply chain visibility.
For instance, the launch of Siemens AI-enabled digital twin platform in March 2025 utilized real-time sensor data, machine learning, and cloud analytics to create a virtual twin of manufacturing production lines before production kicked off. The innovation assisted manufacturers in reducing downtime by 35% and improved equipment utilization across a multi-plant enterprise. Additionally, the inter-operation of the platform with various industrial control protocols promoted a cross-platform automation capability.
Nevertheless, there still exists key challenges with integration of pre-existing equipment, cybersecurity challenges, and high capital financing for an entire adoption of smart manufacturing capabilities. For example, in May 2025 GE Smart Works was unable to deploy intelligent assembly systems at a 20+ years old industrial operation due to PLC infrastructure being outdated and data standardization. This suggests there is a need for standards on communication, but even more importantly, there is a need for adaptive retrofitting technologies to allow smooth transitions towards a total digital manufacturing infrastructure.
Technologies such as artificial intelligence (AI), edge computing, and machine vision systems will be poised to dramatically enhance capabilities of smart manufacturing. In August of 2025, ABB launched a self-optimizing production line using deep learning algorithms to self-regulate robotic workflows, ultimately resulting in a 20% reduction in material waste, with a throughput efficiency improvement of 15%. Such technology represents a monumental change toward autonomous, sustainable, and intelligent manufacturing ecosystems within industry over the next decade, that will further enable greater precision, scalability, and more environmentally responsible practices.
Regional Analysis of Global Smart Manufacturing Market
Prominent players operating in the global smart manufacturing market include prominent companies such as ABB Ltd., Autodesk, Inc., Bosch Rexroth AG, Cisco Systems, Inc., Dassault Systèmes SE, Emerson Electric Co., FANUC Corporation, General Electric Company, Honeywell International Inc., IBM Corporation, Intel Corporation, Mitsubishi Electric Corporation, NVIDIA Corporation, Oracle Corporation, PTC Inc., Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation, along with several other key players.
The global smart manufacturing market has been segmented as follows:
Global Smart Manufacturing Market Analysis, by Technology
Global Smart Manufacturing Market Analysis, by Component
Global Smart Manufacturing Market Analysis, by Automation Technology
Global Smart Manufacturing Market Analysis, by Deployment Mode
Global Smart Manufacturing Market Analysis, by Enterprise Size
Global Smart Manufacturing Market Analysis, by Application
Global Smart Manufacturing Market Analysis, by Industry Vertical
Global Smart Manufacturing Market Analysis, by Region
About Us
MarketGenics is a global market research and management consulting company empowering decision makers from startups, Fortune 500 companies, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
We serve clients on every aspect of strategy, including product development, application modeling, exploring new markets and tapping into niche growth opportunities.
Contact US
USA Address:
800 N King Street Suite 304 #4208 Wilmington, DE 19801 United States.
+1(302)303-2617
India Address:
3rd floor, Indeco Equinox, Baner Road, Baner, Pune, Maharashtra 411045 India.
Table of Contents
Note* - This is just tentative list of players. While providing the report, we will cover more number of players based on their revenue and share for each geography
We will customise the research for you, in case the report listed above does not meet your requirements.
Get 10% Free Customisation