North America Digital Transformation in Manufacturing Market Size, Share & Trends Analysis Report By Type, By Deployment (Hosted, On-premise), By Enterprise Size (Large, SMEs), And Segment Forecasts, 2018 - 2025

Published: Sep, 2018 | Pages: 110 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The North America digital transformation in manufacturing market size is expected to reach USD 25.70 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 17.2% during the forecast period. The manufacturing industry is inclined towards deploying digital manufacturing solutions that offer greater efficiency and productivity and minimize manufacturing costs.

Artificial Intelligence (AI) is the driving factor behind modernization of manufacturing procedures, which is being undertaken to help make smarter real-time production decisions. Integration of AI and robotics to improve productivity of manufacturing processes is a major trend that is being currently observed in the market.

Manufacturing companies in the region are shifting their focus from large-scale manufacturing to customized manufacturing. Since customers are increasingly demanding tailor-made products, manufacturing companies are making efforts to fulfill these demands in real time. In response to the growing trend, manufacturing companies are adopting Industry 4.0 standards that include cyber-physical systems to monitor processes in factories and make decentralized decisions.

Moreover, use of drones for product delivery is an emerging trend in the region. Drones are considered to be the future of last-mile delivery for consumer goods as they are cost effective and also assist in reducing delivery time. For instance, in December 2016, Amazon.com, Inc. launched the Amazon Prime Air project in the U.S., which involved use of drones for delivering products within 30 minutes.

Further key findings from the report suggest:

• The presence of a large number of key providers of digital transformation in the region is one of the key factors supporting the growth of the market

• The solution segment is expected to account for the largest market share over the forecast period. On the other hand, the service segment is anticipated to register a CAGR of 18.3% from 2018 to 2025 owing to increasing demand for managed and professional services that offer information on new technologies introduced for production processes

• The hosted deployment segment is expected to witness the highest growth over the forecast period. It is estimated to register a CAGR of 20.2% during the forecast period as it facilitates a virtual presence that enables organizations to access data across connected devices at any point of time

• The large enterprise segment is expected to account for the largest market share over the forecast period and is anticipated to progress at a CAGR of 16.0% from 2018 to 2025 owing to huge investments of such enterprises in advanced technologies to cope with changing industry dynamics

• The U.S. is anticipated to continue to dominate the market over the forecast period and is estimated to reach USD 19.53 billion by 2025 owing to increasing government initiatives for deploying digital manufacturing process in SMEs to increase production efficiency and gain a competitive edge

• Key industry participants include ABB Ltd.; Dassault Systemes; Emerson Electric Co.; Fanuc Corporation; General Electric Company; Honeywell International, Inc.; Mitsubishi Electric Corporation; Rockwell Automation, Inc.; Robert Bosch GmbH; Schneider Electric SE; Siemens AG; and Yokogawa Electric Corporation.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope and Assumptions
                 1.3 List of Data Sources

Chapter 2 Executive Summary
                 2.1 Digital Transformation in Manufacturing Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                 2.2 Digital Transformation in Manufacturing Market, 2014 - 2025
                     2.2.1 Digital transformation in manufacturing market, by country, 2014 - 2025
                     2.2.2 Digital transformation in manufacturing market, by type, 2014 - 2025
                         2.2.2.1 Digital transformation in manufacturing market, by solution, 2014 - 2025
                         2.2.2.2 Digital transformation in manufacturing market, by service, 2014 - 2025
                     2.2.3 Digital transformation in manufacturing market, by deployment, 2014 - 2025
                     2.2.4 Digital transformation in manufacturing market, by enterprise size, 2014 - 2025

Chapter 3 North America Digital Transformation in Manufacturing Industry Outlook
                 3.1 Market Segmentation
                 3.2 Market Size And Growth Prospects
                 3.3 Digital Transformation in Manufacturing Market - Value Chain Analysis
                     3.3.1 Vendor landscape
                 3.4 Digital Transformation in Manufacturing - Market Dynamics
                     3.4.1 Market driver analysis
                         3.4.1.1 Increasing popularity of Internet of Things (IoT)
                         3.4.1.2 Increasing focus on adoption of cloud platform
                         3.4.1.3 Need for compliance and government support for digitization
                         3.4.1.4 Growing demand for automation, efficiency, and quality
                         3.4.1.5 Increasing competitive pressure
                     3.4.2 Market challenge analysis
                         3.4.2.1 Inadequate budget allocation
                         3.4.2.2 Security concerns
                 3.5 Penetration and Growth Prospect Mapping
                 3.6 Digital Transformation in Manufacturing Market - Company Ranking Analysis, 2017
                 3.7 Digital Transformation in Manufacturing Industry - Trend Analysis
                     3.7.1 Intelligent robots
                     3.7.2 Autonomous drones
                     3.7.3 Sensors
                     3.7.4 Others
                 3.8 Digital Transformation in Manufacturing Market - Technology Evolution
                 3.9 Digital Transformation in Manufacturing - Porter's Five Forces Analysis
                 3.10 Digital Transformation in Manufacturing - PESTEL Analysis

Chapter 4 North America Digital Transformation in Manufacturing Type Outlook
                 4.1 Digital Transformation in Manufacturing Market Share By Type, 2017
                 4.2 Solution
                     4.2.1 Digital transformation solution in manufacturing market, 2014 - 2025
                     4.2.2 Analytics
                         4.2.2.1 Digital transformation analytics solution in manufacturing market, 2014 - 2025
                     4.2.3 Cloud computing
                         4.2.3.1 Digital transformation cloud computing solution in manufacturing market, 2014 - 2025
                     4.2.4 Mobility
                         4.2.4.1 Digital transformation mobility solution in manufacturing market, 2014 - 2025
                     4.2.5 Social media
                         4.2.5.1 Digital transformation social media solution in manufacturing market, 2014 - 2025
                     4.2.6 Others
                         4.2.6.1 Digital transformation solution in manufacturing market, 2014 - 2025
                 4.3 Service
                     4.3.1 Digital transformation service in manufacturing market, 2014 - 2025
                     4.3.2 Professional & consulting services
                         4.3.2.1 Digital transformation professional & consulting services in manufacturing market, 2014 - 2025
                     4.3.3 Implementation and integration services
                         4.3.3.1 Digital transformation implementation and integration services in manufacturing market, 2014 - 2025

Chapter 5 North America Digital Transformation in Manufacturing Deployment Outlook
                 5.1 Digital Transformation in Manufacturing Market Share By Deployment, 2017
                 5.2 Hosted
                     5.2.1 Digital transformation in manufacturing market, by hosted deployment, 2014 - 2025
                 5.3 On-premise
                     5.3.1 Digital transformation in manufacturing market, by on-premise deployment, 2014 - 2025

Chapter 6 North America Digital Transformation in Manufacturing Enterprise Size Outlook
                 6.1 Digital Transformation in Manufacturing Market Share By Enterprise Size, 2017
                 6.2 Large Enterprise
                     6.2.1 Digital transformation in manufacturing market for large enterprise, 2014 - 2025
                 6.3 Small and Medium Enterprise
                     6.3.1 Digital transformation in manufacturing market for small & medium enterprise, 2014 - 2025

Chapter 7 North America Digital Transformation in Manufacturing Country Outlook
                 7.1 North America Digital Transformation in Manufacturing Market Share By Country, 2017
                 7.2 North America
                     7.2.1 U.S.
                         7.2.1.1 U.S. digital transformation in manufacturing market, by type, 2014 - 2025
                             7.2.1.1.1 U.S. digital transformation in manufacturing market, by solution, 2014 - 2025
                             7.2.1.1.2 U.S. digital transformation in manufacturing market, by service, 2014 - 2025
                         7.2.1.2 U.S. digital transformation in manufacturing market, by deployment, 2014 - 2025
                         7.2.1.3 U.S. digital transformation in manufacturing market, by enterprise size, 2014 - 2025
                     7.2.2 Canada
                         7.2.2.1 Canada digital transformation in manufacturing market, by type, 2014 - 2025
                             7.2.2.1.1 Canada digital transformation in manufacturing market, by solution, 2014 - 2025
                             7.2.2.1.2 Canada digital transformation in manufacturing market, by service, 2014 - 2025
                         7.2.2.2 Canada digital transformation in manufacturing market, by deployment, 2014 - 2025
                         7.2.2.3 Canada digital transformation in manufacturing market, by enterprise size, 2014 - 2025

Chapter 8 Competitive Landscape
                 8.1 ABB Ltd.
                     8.1.1 Company overview
                     8.1.2 Financial performance
                     8.1.3 Product benchmarking
                     8.1.4 Strategic initiatives
                 8.2 Dassault Systemes
                     8.2.1 Company overview
                     8.2.2 Financial performance
                     8.2.3 Product benchmarking
                     8.2.4 Strategic initiatives
                 8.3 Emerson Electric Co.
                     8.3.1 Company overview
                     8.3.2 Financial performance
                     8.3.3 Product benchmarking
                     8.3.4 Strategic initiatives
                 8.4 Fanuc Corporation
                     8.4.1 Company overview
                     8.4.2 Financial performance
                     8.4.3 Product benchmarking
                     8.4.4 Strategic initiatives
                 8.5 General Electric Company
                     8.5.1 Company overview
                     8.5.2 Financial performance
                     8.5.3 Product benchmarking
                     8.5.4 Strategic initiatives
                 8.6 Honeywell International, Inc.
                     8.6.1 Company overview
                     8.6.2 Financial performance
                     8.6.3 Product benchmarking
                     8.6.4 Strategic initiatives
                 8.7 Mitsubishi Electric Corporation
                     8.7.1 Company overview
                     8.7.2 Financial performance
                     8.7.3 Product benchmarking
                     8.7.4 Strategic initiatives
                 8.8 Rockwell Automation, Inc.
                     8.8.1 Company overview
                     8.8.2 Financial performance
                     8.8.3 Product benchmarking
                     8.8.4 Strategic initiatives
                 8.9 Robert Bosch GmbH
                     8.9.1 Company overview
                     8.9.2 Financial performance
                     8.9.3 Product benchmarking
                     8.9.4 Strategic initiatives
                 8.10 Schneider Electric SE
                     8.10.1 Company overview
                     8.10.2 Financial performance
                     8.10.3 Product benchmarking
                     8.10.4 Strategic initiatives
                 8.11 Siemens AG
                     8.11.1 Company overview
                     8.11.2 Financial performance
                     8.11.3 Product benchmarking
                     8.11.4 Strategic initiatives
                 8.12 Yokogawa Electric Corporation
                     8.12.1 Company overview
                     8.12.2 Financial performance
                     8.12.3 Product benchmarking
                     8.12.4 Strategic initiatives

List of Tables

TABLE 1 North America digital transformation in manufacturing - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 North America digital transformation in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 3 North America digital transformation in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 4 North America digital transformation in manufacturing market, by type, 2014 - 2025 (USD Billion)
TABLE 5 North America digital transformation in manufacturing market, by solution, 2014 - 2025 (USD Billion)
TABLE 6 North America digital transformation in manufacturing market, by service, 2014 - 2025 (USD Billion)
TABLE 7 North America digital transformation in manufacturing market, by deployment, 2014 - 2025 (USD Billion)
TABLE 8 North America digital transformation in manufacturing market, by enterprise size, 2014 - 2025 (USD Billion)
TABLE 9 Vendor landscape
TABLE 10 North America digital transformation in manufacturing - Key market driver impact
TABLE 11 Number of sensors shipped
TABLE 12 National Programs/ Initiatives/Policies for manufacturing digitization and industrial automation
TABLE 13 North America digital transformation in manufacturing - Key market challenge impact
TABLE 14 North America digital transformation solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 15 North America digital transformation solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 16 North America digital transformation analytics solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 17 North America digital transformation analytics solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 18 North America digital transformation cloud computing solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 19 North America digital transformation cloud computing solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 20 North America digital transformation mobility solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 21 North America digital transformation mobility solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 22 North America digital transformation social media solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 23 North America digital transformation social media solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 24 North America others digital transformation solution in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 25 North America other digital transformation solution in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 26 North America digital transformation service in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 27 North America digital transformation service in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 28 North America digital transformation professional & consulting services in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 29 North America digital transformation professional & consulting services in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 30 North America digital transformation implementation and integration service in manufacturing market, 2014 - 2025 (USD Billion)
TABLE 31 North America digital transformation implementation and integration service in manufacturing market, by country, 2014 - 2025 (USD Billion)
TABLE 32 North America digital transformation in manufacturing market, by hosted deployment, 2014 - 2025 (USD Billion)
TABLE 33 North America digital transformation in manufacturing market, hosted deployment, by country, 2014 - 2025 (USD Billion)
TABLE 34 North America digital transformation in manufacturing market, by on-premise deployment, 2014 - 2025 (USD Billion)
TABLE 35 North America digital transformation in manufacturing market, on-premise deployment, by country, 2014 - 2025 (USD Billion)
TABLE 36 North America digital transformation in manufacturing market for large enterprise, 2014 - 2025 (USD Billion)
TABLE 37 North America digital transformation in manufacturing market for large enterprise, by country, 2014 - 2025 (USD Billion)
TABLE 38 North America digital transformation in manufacturing market for small & medium enterprise, 2014 - 2025 (USD Billion)
TABLE 39 North America digital transformation in manufacturing market for small & medium enterprise, by country, 2014 - 2025 (USD Billion)
TABLE 40 U.S. digital transformation in manufacturing market, by type, 2014 - 2025 (USD Billion)
TABLE 41 U.S. digital transformation in manufacturing market, by solution, 2014 - 2025 (USD Billion)
TABLE 42 U.S. digital transformation in manufacturing market, by service, 2014 - 2025 (USD Billion)
TABLE 43 U.S. digital transformation in manufacturing market, by deployment, 2014 - 2025 (USD Billion)
TABLE 44 U.S. digital transformation in manufacturing market, by enterprise size, 2014 - 2025 (USD Billion)
TABLE 45 Canada digital transformation in manufacturing market, by type, 2014 - 2025 (USD Billion)
TABLE 46 Canada digital transformation in manufaturing market, by solution, 2014 - 2025 (USD Billion)
TABLE 47 Canada digital transformation in manufacturing market, by service, 2014 - 2025 (USD Billion)
TABLE 48 Canada digital transformation in manufacturing market, by deployment, 2014 - 2025 (USD Billion)
TABLE 49 Canada digital transformation in manufacturing market, by enterprise size, 2014 - 2025 (USD Billion)

List of Figures

FIG. 1 Market segmentation and scope
FIG. 2 North America digital transformation in manufacturing market size and growth prospects
FIG. 3 North America digital transformation in manufacturing market - Value chain analysis
FIG. 4 North America digital transformation in manufacturing - Market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 North America digital transformation in manufacturing market - Company ranking analysis, 2017
FIG. 7 North America digital transformation in manufacturing market - Technology evolution
FIG. 8 North America digital transformation in manufacturing - Porter's five forces analysis
FIG. 9 North America digital transformation in manufacturing - PESTEL Analysis
FIG. 10 North America digital transformation in manufacturing market, by type, 2017
FIG. 11 North America digital transformation in manufacturing, by deployment, 2017
FIG. 12 North America digital transformation in manufacturing market, by enterprise size, 2017
FIG. 13 North America digital transformation in manufacturing market, by country, 2017
FIG. 14 North America digital transformation in manufacturing market - Key takeaways
FIG. 15 U.S. digital transformation in manufacturing market - Key takeaways
FIG. 16 Canada digital transformation in manufacturing market - Key takeaways