UK smart manufacturing market is projected to witness considerable growth during the forecast period. The manufacturing sector makes significant contribution to the economy of UK; therefore, the advanced technologies are entertained by the companies in the industrial sector. The manufacturing companies are catapulting their expansion through the adoption of Industry 4.0 technology and creating smart factories. In February 2019, UK launched its first 5G smart factory, fitted with sensors and 5G-based technology. With such launches, the penetration of smart manufacturing technologies across the rising end-use industries, is expected to increase in UK during the forecast period.
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UK smart manufacturing market is influenced by product development and advancements conducted by the market players. The key players of the smart manufacturing market include ABB Ltd., Emerson Electric Co., SAP SE, Schneider Electric SE, Siemens AG, Honeywell International, Inc., General Electric Co., and Intel Corp. These players are playing a significant role in the growth of the smart manufacturing market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
UK Smart Manufacturing Market – Segmentation
By Component
- Hardware
- Software & Services
By Technology
- Programmable Logic Controller (PLC)
Supervisory Controller and Data Acquisition (SCADA)
- Machine Vision
- Distributed Control System (DCS)
- Product Lifecycle Management (PLM)
- Others (3D Printing)
By End-Use Industry
- Healthcare
- Automotive
- Aerospace & Defense
- Oil & Gas
- Food & Beverages
- Others (Chemical and Metals and Mining)
The Report covers:
- Comprehensive research methodology of the UK smart manufacturing market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the UK smart manufacturing market.
- Insights about market determinants which are stimulating the UK market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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