YahooOctober 1, 2026 at 4:44 AM NY26 Days Ago
Smart Manufacturing Market Forecasts Growth from $233.33B (2024) to $479.17B by 2029, Profiling Siemens, ABB, Rockwell Automation, IBM & Honeywell
The global smart manufacturing market is projected to grow from USD 380.21 billion in 2026 to USD 995.67 billion by 2032, at a 17.4% CAGR. Growth is driven by Industry 4.0, IIoT, AI, robotics, digital twins, cloud computing, 5G and predictive maintenance. Industrial networking and connectivity will hold a significant share, while energy and power will record the highest CAGR. North America will lead amid smart factory investment, automation and reshoring. Key players include Siemens, ABB, Rockwe
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