By 2026, The Market Value Of Intelligent Manufacturing Platform Will Be US $13.2 Billion

According to the Research Report "intelligent manufacturing platform market and the impact of covid-19, by type (equipment management, connection management, application enabling platform), application (performance, optimization, asset and condition monitoring), industry and Region - Global Forecast in 2026", the global intelligent manufacturing platform market is expected to grow from us $5.8 billion in 2021 to US $13.2 billion in 2026, The compound annual growth rate is 18.0%. The growth of the market is mainly driven by the growth of industrial automation, the popularity of intelligent manufacturing platforms in the automotive industry, the increased government support for industrial automation, and the growing demand for simplifying and automating data to improve productivity.

In the forecast period, the discrete industry is expected to maintain the maximum growth rate of the intelligent manufacturing platform market.

Discrete industries include automotive, industrial manufacturing, electronics and semiconductors, medical equipment, aerospace and defense, and others. Among them, the automobile industry plays a leading role in the market of intelligent manufacturing platform. Due to the change of consumer preferences and the low efficiency of traditional processes, it is expected that it will grow at the highest rate of 22.1% in the forecast period. Changes in consumer preferences, technological progress and the introduction of regulations related to the automotive industry are the reasons for the high complexity of automotive products.

From 2021 to 2026, the intelligent manufacturing platform for equipment management platform type will have the highest compound annual growth rate

The emergence of artificial intelligence, industrial Internet of things, intelligent manufacturing, industry 4.0, digital and Internet enterprises has affected the deployment of advanced solutions in their factories. Since a large amount of data is generated from various devices used in industrial facilities, it is very important to manage the devices and the generated data. The device management platform allows you to connect and disconnect new devices, control various devices, view device details and check their status, and remotely monitor devices.

From 2021 to 2026, the Asia Pacific intelligent manufacturing platform market is expected to grow at the highest compound annual growth rate

It is expected that in the forecast period, the Asia Pacific region will maintain the largest growth rate of the global intelligent manufacturing platform market. Over the past few years, the Asia Pacific region has shown remarkable development in industrialization and is at the forefront of the digital revolution in the rest of the world. It can be seen that the region is steadily moving towards a digital future. In the Asia Pacific region, there are a large number of emerging small and medium-sized enterprises, which are more likely to adopt digitalization. As a result, the digitization rate in the region has been growing. Countries such as China, Japan and India have taken many initiatives to encourage the implementation of industrial Internet of things technology in their own industries. Government support for the adoption of automation technology and rapid industrialization and urbanization are some of the main factors driving the growth of the industrial Internet of things market in the Asia Pacific region, which in turn is expected to drive the growth of the intelligent manufacturing platform market.

The world's leading intelligent manufacturing platform service providers include ABB (Switzerland), Siemens (Germany), Schneider Electric (France), IBM (USA), PTC (USA), sap (Germany), Emerson Electric (USA) and General Electric (USA).