Global Smart Manufacturing Market Analysis Report 2022 - Disruptive Factory Automation Technologies Help Manufactures Successfully Combat Internal Challenges

January 4, 2023

Dublin, Jan. 04, 2023 (GLOBE NEWSWIRE) -- The "Growth Opportunities in Smart Manufacturing" report has been added to's offering. With the advent of Industry 4.0 and smart factories, digital manufacturing technologies have been experiencing exponential technological growth. Disruptive technologies are playing a vital role in the revolutionary transformation of many key industries, such as aerospace, automotive, industrial automation, healthcare, and oil and gas. 3D printing, advanced robotics, IIoT, and many data-driven technologies are not only redefining manufacturing but also fundamentally reshaping product design. Industries and manufacturers have adopted these transformative technologies to achieve maximum benefit, in terms of operating profits and achieving sustainability in manufacturing. Data technologies and data analytics define the entire new transformation and revitalization of manufacturing and make it a highly automated and self-sufficient entity. Artificial intelligence (AI) technologies drive intelligent automation and serve as a catalyst that increases productivity in industrial operations. Monolithic architecture is prevalent in industrial and manufacturing software development and deployment. Rigid and complex, a monolithic application is a large code repository where changes or updates require manual installation and scheduled downtime. Patches released during the release cycle can take months. A single failure can affect the entire application, and the system must recover completely to resume operations. In increasingly changing and digitalized business environments, business agility and flexibility have become pivotal and rendered monolithic architecture inadequate. AR technology simplifies complex processes by placing the right information in the right place at the right time. It also bridges the gap between the cyber-physical IoT and the real world and creates a composite environment in real time. Manufacturers are implementing advanced AR technology into their shop floor and assembly processes, to reduce cost, increase efficiency, and improve overall production; this trend is changing the face of manufacturing. AR superimposes holographic images and merges them with the real world and enables workers to identify effective ways to enhance the product design process. Key Topics Covered: 1. Strategic Imperatives Why is it Increasingly Difficult to Grow?The Strategic ImperativeThe Mega Trend Universe - Overview 2. Executive Dashboard Growth Opportunities Fuel the Growth Pipeline EngineThe Mega Trend Universe - Smart ManufacturingKey FindingsGrowth Opportunities Vital to Future Success 3. Strategic Context Global Manufacturing Output Forecast - An OverviewChanging Dynamics of the Manufacturing IndustryReimagining Manufacturing and Smart Factories in 2030Smart Factory - A 4IR Production EnvironmentEnforcers that Call for Adoption of Smart ManufacturingAutomation Levels in a Smart Factory SetupGrowth Prospect of Global Factory AutomationCharacteristics of 4IR-based Smart ManufacturingHow 4IR Revolutionizes ManufacturingTechnology Drivers for Smart Factory Environment 4. Industry Best Practices Case Study: Data Analysis from Industrial SensorsCase Study: Robots Helping in Factory AutomationCase Study: Virtual-reality-based ProductionCase Study: Predictive MaintenanceCase Study: In-factory Autonomous VehiclesCase Study: Blockchain Helping with Vendor ManagementCase Study: 3D Printing for Lightweight ComponentsCase Study: Flexible ManufacturingCase Study: Advanced Computer VisionCase Study: IoT Platform Assists Human OperatorsCase Study: Equipment MonitoringCase Study: Assembly Line AutomationCase Study: CobotsCase Study: Blockchain-driven Digital ProvenanceCase Study: Precision Additive ManufacturingGrowth DriversGrowth RestraintsTrend Opportunity - Attractiveness Analysis 5. Trend Impact Analysis Trend Opportunity Impact and Certainty AnalysisTrend Opportunity Disruption IndexTrend Disruption Attractiveness ScoreTrend Opportunity Growth IndexGrowth Attractiveness ScoreTrends Beets Implications 6. Growth Opportunity Universe Growth Opportunity 1: Automation to Reduce Waste-related LossesGrowth Opportunity 2: Automation to Assist Manufacturing-to-zero InitiativesGrowth Opportunity 3: Automated Microfactories-as-a-Service Model to Empower SMBs 7. Next Steps Identifying Your Company's Growth ZoneYour Next StepsAbout the Growth Pipeline Model 8. Appendix For more information about this report visit

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