Company Logo 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, Rockwell Automation, Schneider Electric and Honeywell. Dublin, Oct. 01, 2026 (GLOBE NEWSWIRE) -- "Smart Manufacturing Market - Global Forecast to 2032" has been added to ResearchAndMarkets.com's offering. Smart Manufacturing Market to Reach USD 995.
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