Delray Beach, FL, May 05, 2025 (GLOBE NEWSWIRE) — The report “Smart Manufacturing Market – Edge Computing, Industrial 3D Printing, Robots, Sensor, Machine Vision, Artificial intelligence, Cybersecurity, Digital Twin, Private 5G, AGV, AMR, AR & VR, CAD, CAM, PLM, HMI, IPC, MES, WMS, and ERP – Global Forecast to 2029″ The smart manufacturing market in the US is projected to grow from USD 52.65 billion in 2024 to USD 116.48 billion by 2029 at a CAGR of 17.2% during the forecast period.
Advancements in automation, digitalization, and the focus on operational efficiency drive smart manufacturing in the US. The widespread adoption of smart factories, characterized by connected systems, data-driven decision-making, and autonomous production lines, enhances productivity and competitiveness. Government initiatives and incentives for industrial modernization further accelerate this transition. Additionally, the emphasis on sustainability and energy efficiency has led industries to integrate intelligent energy management systems to optimize resource utilization. The growing demand for high-quality production, real-time monitoring, and predictive maintenance has propelled the adoption of the Industrial Internet of Things (IIoT), artificial intelligence, and cloud computing in manufacturing.
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List of Players in the Smart Manufacturing:
- 3D Systems, Inc. (US),
- ABB (Switzerland),
- Cisco Systems, Inc. (US),
- Emerson Electric Co. (US), and
- General Electric Company (US), among others.
US Smart Manufacturing Market Segmentation:
Industrial collaborations driving smart manufacturing market in the US.
Industry collaborations are playing a crucial role in driving the growth of the smart manufacturing market. For instance, in October 2024, Cognizant partnered with Amazon Web Services (AWS) to enhance smart manufacturing capabilities across various industries, including industrial, automotive, life sciences, and consumer goods. This collaboration focuses on leveraging cloud computing, IoT, and artificial intelligence to optimize manufacturing processes. Similarly, in November 2024, the Clean Energy Smart Manufacturing Innovation Institute (CESMII) joined forces with the National Institute of Standards and Technology’s …