Abstract
Summary
Digital transformation in manufacturing is the process of integrating advanced digital technologies such as AI, data analytics, IoT, cloud computing, robotics, 3D printing, and cybersecurity into various aspects of the manufacturing industry for real-time insights, optimization, and scalability. Digital transformation aims to improve operational efficiency, reduce costs, increase revenue, enhance customer experience, and drive innovation and competitiveness.
The global Digital Transformation in Manufacturing market size is projected to grow from US$ 761.1 million in 2023 to US$ 1130 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Digital Transformation in Manufacturing Industry Forecast” looks at past sales and reviews total world Digital Transformation in Manufacturing sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital Transformation in Manufacturing sales for 2024 through 2030. With Digital Transformation in Manufacturing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Transformation in Manufacturing industry.
This Insight Report provides a comprehensive analysis of the global Digital Transformation in Manufacturing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Transformation in Manufacturing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Transformation in Manufacturing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Transformation in Manufacturing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Transformation in Manufacturing.
Some of the future market trends of digital transformation in manufacturing are:
Scaling the smart factory to a smart network: Manufacturers are looking to connect multiple smart factories across locations to improve efficiencies, toplines, and resilience. A network of smart factories can enable cross-border collaboration, data orchestration, and supply chain visibility.
Leveraging digital experience platforms (DXPs) to boost customer loyalty: Manufacturers are adopting DXPs to create personalized, omnichannel, and engaging customer experiences. DXPs can help manufacturers to reduce manufacturing lead times, improve customer service, and manage complexity.
Implementing automation and robotics to enhance productivity and quality: Manufacturers are using automation and robotics to overcome labour and skills shortages, reduce running costs, eliminate errors, and improve safety. Automation and robotics can also help manufacturers to perform preventive maintenance, optimize energy use, and increase flexibility.
Adopting generative AI to transform product design and development: Manufacturers are exploring generative AI, which can create novel designs and solutions based on predefined criteria and constraints. Generative AI can help manufacturers to accelerate innovation, reduce development time, and improve performance.
Embracing sustainability and circular economy principles: Manufacturers are becoming more aware of the environmental and social impacts of their operations and products. They are adopting sustainability and circular economy principles, such as reducing emissions, waste, and resource consumption, increasing renewable energy use, and extending product life cycles.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Transformation in Manufacturing market by product type, application, key players and key regions and countries.
Segmentation by type
Robotics
IoT
3D Printing and Additive Manufacturing
Cybersecurity
Other
Segmentation by application
Upstream
Midstream
Downstream
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems Inc.
Microsoft Corporation
Intel Corporation
IBM Corporation
Siemens AG
SAP SE
Symantec Corporation
Oracle Corporation
Schneider Electric SE
Mitsubishi Electric Corporation
General Electric Co.
ABB Ltd
The global Digital Transformation in Manufacturing market size is projected to grow from US$ 761.1 million in 2023 to US$ 1130 million in 2030; it is expected to grow at a CAGR of 5.8% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Digital Transformation in Manufacturing Industry Forecast” looks at past sales and reviews total world Digital Transformation in Manufacturing sales in 2023, providing a comprehensive analysis by region and market sector of projected Digital Transformation in Manufacturing sales for 2024 through 2030. With Digital Transformation in Manufacturing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Transformation in Manufacturing industry.
This Insight Report provides a comprehensive analysis of the global Digital Transformation in Manufacturing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Transformation in Manufacturing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Transformation in Manufacturing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Transformation in Manufacturing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Transformation in Manufacturing.
Some of the future market trends of digital transformation in manufacturing are:
Scaling the smart factory to a smart network: Manufacturers are looking to connect multiple smart factories across locations to improve efficiencies, toplines, and resilience. A network of smart factories can enable cross-border collaboration, data orchestration, and supply chain visibility.
Leveraging digital experience platforms (DXPs) to boost customer loyalty: Manufacturers are adopting DXPs to create personalized, omnichannel, and engaging customer experiences. DXPs can help manufacturers to reduce manufacturing lead times, improve customer service, and manage complexity.
Implementing automation and robotics to enhance productivity and quality: Manufacturers are using automation and robotics to overcome labour and skills shortages, reduce running costs, eliminate errors, and improve safety. Automation and robotics can also help manufacturers to perform preventive maintenance, optimize energy use, and increase flexibility.
Adopting generative AI to transform product design and development: Manufacturers are exploring generative AI, which can create novel designs and solutions based on predefined criteria and constraints. Generative AI can help manufacturers to accelerate innovation, reduce development time, and improve performance.
Embracing sustainability and circular economy principles: Manufacturers are becoming more aware of the environmental and social impacts of their operations and products. They are adopting sustainability and circular economy principles, such as reducing emissions, waste, and resource consumption, increasing renewable energy use, and extending product life cycles.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Transformation in Manufacturing market by product type, application, key players and key regions and countries.
Segmentation by type
Robotics
IoT
3D Printing and Additive Manufacturing
Cybersecurity
Other
Segmentation by application
Upstream
Midstream
Downstream
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco Systems Inc.
Microsoft Corporation
Intel Corporation
IBM Corporation
Siemens AG
SAP SE
Symantec Corporation
Oracle Corporation
Schneider Electric SE
Mitsubishi Electric Corporation
General Electric Co.
ABB Ltd
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Transformation in Manufacturing Market Size 2019-2030
2.1.2 Digital Transformation in Manufacturing Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Digital Transformation in Manufacturing Segment by Type
2.2.1 Robotics
2.2.2 IoT
2.2.3 3D Printing and Additive Manufacturing
2.2.4 Cybersecurity
2.2.5 Other
2.3 Digital Transformation in Manufacturing Market Size by Type
2.3.1 Digital Transformation in Manufacturing Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Digital Transformation in Manufacturing Market Size Market Share by Type (2019-2024)
2.4 Digital Transformation in Manufacturing Segment by Application
2.4.1 Upstream
2.4.2 Midstream
2.4.3 Downstream
2.5 Digital Transformation in Manufacturing Market Size by Application
2.5.1 Digital Transformation in Manufacturing Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Digital Transformation in Manufacturing Market Size Market Share by Application (2019-2024)
3 Digital Transformation in Manufacturing Market Size by Player
3.1 Digital Transformation in Manufacturing Market Size Market Share by Players
3.1.1 Global Digital Transformation in Manufacturing Revenue by Players (2019-2024)
3.1.2 Global Digital Transformation in Manufacturing Revenue Market Share by Players (2019-2024)
3.2 Global Digital Transformation in Manufacturing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Transformation in Manufacturing by Regions
4.1 Digital Transformation in Manufacturing Market Size by Regions (2019-2024)
4.2 Americas Digital Transformation in Manufacturing Market Size Growth (2019-2024)
4.3 APAC Digital Transformation in Manufacturing Market Size Growth (2019-2024)
4.4 Europe Digital Transformation in Manufacturing Market Size Growth (2019-2024)
4.5 Middle East & Africa Digital Transformation in Manufacturing Market Size Growth (2019-2024)
5 Americas
5.1 Americas Digital Transformation in Manufacturing Market Size by Country (2019-2024)
5.2 Americas Digital Transformation in Manufacturing Market Size by Type (2019-2024)
5.3 Americas Digital Transformation in Manufacturing Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Transformation in Manufacturing Market Size by Region (2019-2024)
6.2 APAC Digital Transformation in Manufacturing Market Size by Type (2019-2024)
6.3 APAC Digital Transformation in Manufacturing Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Transformation in Manufacturing by Country (2019-2024)
7.2 Europe Digital Transformation in Manufacturing Market Size by Type (2019-2024)
7.3 Europe Digital Transformation in Manufacturing Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Transformation in Manufacturing by Region (2019-2024)
8.2 Middle East & Africa Digital Transformation in Manufacturing Market Size by Type (2019-2024)
8.3 Middle East & Africa Digital Transformation in Manufacturing Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Digital Transformation in Manufacturing Market Forecast
10.1 Global Digital Transformation in Manufacturing Forecast by Regions (2025-2030)
10.1.1 Global Digital Transformation in Manufacturing Forecast by Regions (2025-2030)
10.1.2 Americas Digital Transformation in Manufacturing Forecast
10.1.3 APAC Digital Transformation in Manufacturing Forecast
10.1.4 Europe Digital Transformation in Manufacturing Forecast
10.1.5 Middle East & Africa Digital Transformation in Manufacturing Forecast
10.2 Americas Digital Transformation in Manufacturing Forecast by Country (2025-2030)
10.2.1 United States Digital Transformation in Manufacturing Market Forecast
10.2.2 Canada Digital Transformation in Manufacturing Market Forecast
10.2.3 Mexico Digital Transformation in Manufacturing Market Forecast
10.2.4 Brazil Digital Transformation in Manufacturing Market Forecast
10.3 APAC Digital Transformation in Manufacturing Forecast by Region (2025-2030)
10.3.1 China Digital Transformation in Manufacturing Market Forecast
10.3.2 Japan Digital Transformation in Manufacturing Market Forecast
10.3.3 Korea Digital Transformation in Manufacturing Market Forecast
10.3.4 Southeast Asia Digital Transformation in Manufacturing Market Forecast
10.3.5 India Digital Transformation in Manufacturing Market Forecast
10.3.6 Australia Digital Transformation in Manufacturing Market Forecast
10.4 Europe Digital Transformation in Manufacturing Forecast by Country (2025-2030)
10.4.1 Germany Digital Transformation in Manufacturing Market Forecast
10.4.2 France Digital Transformation in Manufacturing Market Forecast
10.4.3 UK Digital Transformation in Manufacturing Market Forecast
10.4.4 Italy Digital Transformation in Manufacturing Market Forecast
10.4.5 Russia Digital Transformation in Manufacturing Market Forecast
10.5 Middle East & Africa Digital Transformation in Manufacturing Forecast by Region (2025-2030)
10.5.1 Egypt Digital Transformation in Manufacturing Market Forecast
10.5.2 South Africa Digital Transformation in Manufacturing Market Forecast
10.5.3 Israel Digital Transformation in Manufacturing Market Forecast
10.5.4 Turkey Digital Transformation in Manufacturing Market Forecast
10.5.5 GCC Countries Digital Transformation in Manufacturing Market Forecast
10.6 Global Digital Transformation in Manufacturing Forecast by Type (2025-2030)
10.7 Global Digital Transformation in Manufacturing Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Cisco Systems Inc.
11.1.1 Cisco Systems Inc. Company Information
11.1.2 Cisco Systems Inc. Digital Transformation in Manufacturing Product Offered
11.1.3 Cisco Systems Inc. Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Cisco Systems Inc. Main Business Overview
11.1.5 Cisco Systems Inc. Latest Developments
11.2 Microsoft Corporation
11.2.1 Microsoft Corporation Company Information
11.2.2 Microsoft Corporation Digital Transformation in Manufacturing Product Offered
11.2.3 Microsoft Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Microsoft Corporation Main Business Overview
11.2.5 Microsoft Corporation Latest Developments
11.3 Intel Corporation
11.3.1 Intel Corporation Company Information
11.3.2 Intel Corporation Digital Transformation in Manufacturing Product Offered
11.3.3 Intel Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Intel Corporation Main Business Overview
11.3.5 Intel Corporation Latest Developments
11.4 IBM Corporation
11.4.1 IBM Corporation Company Information
11.4.2 IBM Corporation Digital Transformation in Manufacturing Product Offered
11.4.3 IBM Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 IBM Corporation Main Business Overview
11.4.5 IBM Corporation Latest Developments
11.5 Siemens AG
11.5.1 Siemens AG Company Information
11.5.2 Siemens AG Digital Transformation in Manufacturing Product Offered
11.5.3 Siemens AG Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Siemens AG Main Business Overview
11.5.5 Siemens AG Latest Developments
11.6 SAP SE
11.6.1 SAP SE Company Information
11.6.2 SAP SE Digital Transformation in Manufacturing Product Offered
11.6.3 SAP SE Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 SAP SE Main Business Overview
11.6.5 SAP SE Latest Developments
11.7 Symantec Corporation
11.7.1 Symantec Corporation Company Information
11.7.2 Symantec Corporation Digital Transformation in Manufacturing Product Offered
11.7.3 Symantec Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Symantec Corporation Main Business Overview
11.7.5 Symantec Corporation Latest Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Information
11.8.2 Oracle Corporation Digital Transformation in Manufacturing Product Offered
11.8.3 Oracle Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Oracle Corporation Main Business Overview
11.8.5 Oracle Corporation Latest Developments
11.9 Schneider Electric SE
11.9.1 Schneider Electric SE Company Information
11.9.2 Schneider Electric SE Digital Transformation in Manufacturing Product Offered
11.9.3 Schneider Electric SE Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Schneider Electric SE Main Business Overview
11.9.5 Schneider Electric SE Latest Developments
11.10 Mitsubishi Electric Corporation
11.10.1 Mitsubishi Electric Corporation Company Information
11.10.2 Mitsubishi Electric Corporation Digital Transformation in Manufacturing Product Offered
11.10.3 Mitsubishi Electric Corporation Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Mitsubishi Electric Corporation Main Business Overview
11.10.5 Mitsubishi Electric Corporation Latest Developments
11.11 General Electric Co.
11.11.1 General Electric Co. Company Information
11.11.2 General Electric Co. Digital Transformation in Manufacturing Product Offered
11.11.3 General Electric Co. Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 General Electric Co. Main Business Overview
11.11.5 General Electric Co. Latest Developments
11.12 ABB Ltd
11.12.1 ABB Ltd Company Information
11.12.2 ABB Ltd Digital Transformation in Manufacturing Product Offered
11.12.3 ABB Ltd Digital Transformation in Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 ABB Ltd Main Business Overview
11.12.5 ABB Ltd Latest Developments
12 Research Findings and Conclusion