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Smart Manufacturing Market worth $995.67 billion by 2032 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., June 5, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Smart Manufacturing Market is projected to reach USD 995.67 billion by 2032 from an estimated USD 380.21 billion in 2026, growing at a CAGR of 17.4% during the forecast period.

Browse 160 market data Tables and 70 Figures spread through 300 Pages and in-depth TOC on ‘Smart Manufacturing Market – Global Forecast to 2032’

Smart Manufacturing Market Size & Forecast:

Market Size Available for Years: 2021–20322026 Market Size: USD 380.21 billion2032 Projected Market Size: USD 995.67 billionCAGR (2026–2032): 17.4%

Smart Manufacturing Market Trends & Insights:

The smart manufacturing market is experiencing significant growth due to the increasing adoption of connected factory ecosystems, industrial automation platforms, and data-driven production strategies across manufacturing industries. Rising implementation of AI-enabled production systems, industrial robotics, and real-time process monitoring solutions is improving productivity, operational flexibility, and product quality across smart factory environments. In addition, growing focus on predictive maintenance, workforce optimization, and supply chain digitization is accelerating the deployment of advanced manufacturing technologies worldwide. Continuous advancements in digital twin platforms, machine vision systems, edge-enabled industrial networks, collaborative robots, and advanced industrial analytics are further supporting the transition toward intelligent, autonomous, and energy-efficient manufacturing operations globally.By Technology, the digital transformation segment is anticipated to witness the fastest growth at a CAGR of 29.6% throughout the forecast period, fueled by the rising shift toward intelligent production environments, integrated enterprise operations, and next-generation digital manufacturing frameworks.By Industry, the automotive segment is expected to account for the largest share of approximately 19% during the forecast period, driven by rising adoption of intelligent production systems, advanced robotics integration, and increasing investments in connected and highly automated manufacturing facilities.By region, North America is expected to hold a significant share during the forecast period, driven by rising Industry 4.0 investments, strong industrial automation adoption, expanding smart factory deployments, and advanced manufacturing ecosystems across the United States, Canada, and Mexico.

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Growth in the smart manufacturing market is fueled by the rising transition toward intelligent industrial operations, digitally synchronized production environments, and adaptive manufacturing ecosystems across global industries. Increasing emphasis on production agility, operational transparency, and resource optimization is encouraging manufacturers to deploy advanced automation platforms, connected industrial systems, and software-driven manufacturing technologies. Furthermore, continuous progress in industrial connectivity, machine intelligence, collaborative automation, and cyber-physical production systems is enhancing process accuracy, manufacturing flexibility, and factory-level decision support capabilities. Expanding modernization initiatives across automotive, electronics, aerospace, pharmaceuticals, and heavy industries are also generating strong demand for integrated and scalable smart manufacturing solutions worldwide.

Based on technology, the manufacturing operations system is expected to account for the second-largest share during the forecast period.

Based on technology, the manufacturing operations system (MOS) segment is expected to account for the second-largest share during the forecast period. The segment holds a significant position in the smart manufacturing market due to increasing demand for integrated production management, workflow coordination, and real-time operational monitoring across manufacturing facilities. Manufacturing operations systems enable manufacturers to improve production planning, quality control, inventory synchronization, and shop-floor visibility, supporting more efficient and streamlined industrial processes. Additionally, growing adoption of connected manufacturing environments and increasing integration between operational technologies and enterprise systems are further strengthening the market presence of manufacturing operations systems across modern industrial operations.

Based on industry, energy & power is expected to register the highest CAGR during the forecast period.

Based on industry, the energy & power segment is expected to register the highest CAGR during the forecast period. The segment is witnessing rapid growth in the smart manufacturing industry due to increasing investments in intelligent energy infrastructure, digital plant operations, and automated monitoring systems across power generation and energy facilities. Energy companies are increasingly deploying industrial IoT platforms, predictive maintenance systems, and AI-enabled asset management solutions to improve operational reliability and reduce unplanned downtime in thermal, nuclear, hydro, and renewable energy plants. For instance, smart manufacturing technologies are being used for real-time turbine monitoring in wind farms, automated inspection systems in solar panel manufacturing facilities, and digital control systems in power generation plants to enhance operational efficiency and equipment performance. Additionally, rising focus on grid modernization, remote operational visibility, and sustainable energy management is accelerating the implementation of connected industrial solutions across the global energy and power industry.

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Asia Pacific is expected to register the highest CAGR during the forecast period.

Based on region, Asia Pacific is expected to register the highest CAGR during the forecast period due to rapid industrial expansion, increasing factory automation investments, and strong government support for industrial modernization initiatives across China, India, Japan, South Korea, and Southeast Asia. Manufacturing industries across the region are increasingly adopting intelligent production technologies, connected industrial systems, and advanced automation platforms to improve manufacturing scalability and operational competitiveness. For example, automotive manufacturers in China and Japan are deploying AI-enabled robotic assembly systems, while electronics manufacturers in South Korea and Taiwan are investing in smart semiconductor fabrication facilities with advanced process automation capabilities. In addition, government-led Industry 4.0 programs, rising investments in industrial digitalization, and expanding manufacturing infrastructure are accelerating the adoption of smart manufacturing solutions throughout the Asia Pacific region.

The report profiles key players in smart manufacturing companies such as Siemens (Germany), ABB (Switzerland), Honeywell international Inc. (US), Rockwell Automation (US), Emerson Electric Co. (US), Schneider Electric (France), Yokogawa Electric Corporation (Japan), FANUC Corporation (Japan), 3D Systems, Inc (US), Cisco Systems, Inc. (US), IBM (US), Mitsubishi Electric Corporation (Japan), Oracle (US), SAP (Germany), and Stratasys (US). These players have adopted various organic and inorganic growth strategies such as product launches, capacity expansions, technology partnerships, supply agreements, collaborations, and investments.

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Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

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POST HOUSE REPORTS 88% YEAR-OVER-YEAR REVENUE GROWTH AS DEMAND FOR LUXURY WELLNESS EXPERIENCES ACCELERATES IN THE HAMPTONS

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Luxury fitness and content platform surpasses 40,000 annual client visits, records 139% attendance growth, and explores strategic expansion opportunities beyond Sag Harbor

SAG HARBOR, N.Y., June 5, 2026 /PRNewswire/ — Post House, the Sag Harbor-based fitness studio, content platform, and experiential wellness destination founded by celebrity trainer Walter Savage and Emmy Award-winning filmmaker Geno McDermott, today announced significant year-over-year growth across revenue and attendance, reflecting continued demand for premium fitness, wellness, and lifestyle experiences in the Hamptons.

Since opening its flagship location, Post House has established itself as a destination for performance-driven training, community experiences, premium content creation, and brand partnerships. The company reported 88% year-over-year revenue growth and 139% year-over-year attendance growth, driven entirely through organic demand without paid customer acquisition. The company recorded more than 40,000 client visits over the past year at its Sag Harbor flagship, which has attracted a growing community of residents, seasonal visitors, founders, creatives, athletes, and influencers. Beyond the studio floor, Post House has expanded its presence through collaborations with brands including Rivian, Evian, and NOBULL while producing more than 100 hours of owned content that extends the brand’s reach beyond its physical location.

“From day one, our vision was to create something bigger than a traditional fitness studio,” said Walter Savage, co-founder of Post House. “We wanted to build a destination where performance, wellness, community, and culture could come together in a meaningful way. The growth we’ve experienced reflects a broader shift in how consumers want to engage with fitness today — not simply as a workout, but as part of a lifestyle.”

The momentum was particularly evident over Memorial Day Weekend, one of the Hamptons’ busiest seasonal periods, when Post House sold out more than 20 classes across its proprietary programming and partner-led concepts, generating waitlists across much of its schedule. Demand spanned multiple formats, including House Circuit, SavageBody, KKSweat, Pvolve, Forma Pilates, and Sculpt with Danielle Waleko.

Notable attendance and waitlist figures included:

House Circuit with Walter Savage: 36 attendees, 6-person waitlistSavageBody with Walter Savage: 30 attendees, 16-person waitlistHouse Circuit with Halsey Burton: 36 attendees, 27-person waitlistHouse Circuit with Justin Mirra: 30 attendees, 11-person waitlistSculpt with Danielle Waleko: 39 attendees, 15-person waitlistKKSweat Sculpt with Kara Liotta: 42 attendees, 19-person waitlistPvolve with Mel Ramos: 27 attendees, 10-person waitlistForma Pilates: 12 sold-out classes throughout the weekend

In several instances, waitlist demand exceeded available capacity by double digits, reflecting strong consumer demand across both Post House’s founder-led offerings and partner programming.

Beyond its fitness programming, Post House has expanded into content production, brand partnerships, and experiential activations, Post House was intentionally designed to operate as more than a traditional studio. The 5,000-square-foot destination combines high-performance training, premium content production, community experiences, and brand activations under one roof. Three studios operate simultaneously, bringing together strength training, Pilates, mat-based programming, private coaching, and partner-led concepts within a single ecosystem. The company also produces content and brand campaigns in-house, extending the reach of its programming and partnerships beyond the physical studio, creating a model that extends engagement beyond the physical studio experience.

“Post House sits at the intersection of fitness, media, and culture,” said Geno McDermott, co-founder of Post House. “Our backgrounds in performance training and content production shaped a business model that allows us to create experiences people want to participate in and stories they want to share. That combination has created meaningful momentum for the brand and opened opportunities well beyond the four walls of the studio.”

Building on its growth trajectory, Post House is evaluating expansion opportunities in additional markets as it continues investing in programming, content production, brand partnerships, and community experiences. The company expects future growth to be driven by a combination of geographic expansion, strategic partnerships, and continued investment in its integrated fitness and content platform.

For more information and class schedules, visit https://www.posthouse.live/ and follow @posthousehamptons. 

About Post House
POST HOUSE is a Sag Harbor-based fitness studio, content platform, and experiential wellness destination redefining luxury training in the Hamptons. Founded by celebrity trainer Walter Savage and Emmy Award-winning filmmaker Geno McDermott, the 5,000-square-foot flagship blends high-performance strength training with the energy and creativity of live production. Designed as a multi-room studio, Post House brings together strength training, Pilates, and mat-based programming under one roof, with classes and coaching experiences unfolding simultaneously across the space. Beyond fitness, Post House operates as a vertically integrated content studio, producing premium brand activations and capturing workouts and cultural moments in-house. Rooted in Sag Harbor but drawing clients from New York, Los Angeles, Miami, and beyond, Post House has quickly become a destination for founders, creatives, and tastemakers who treat wellness as part of their lifestyle.

Media Contact:
Studio Beauty
posthouse@studiobeauty.io

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SOURCE Post House

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SANCTUARY WEALTH WELCOMES VALEN PRIVATE CAPITAL AS A NEW PARTNER FIRM

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Former wirehouse advisor managing $477 million launches independent firm serving ultra-high-net-worth families

MIAMI, June 5, 2026 /PRNewswire/ — Sanctuary Wealth (Sanctuary), an industry-leading hybrid RIA that helps elite financial advisors thrive with greater freedom, flexibility, control and choice, welcomes Valen Private Capital, LLC and its founder, John Durham, J.D., LL.M., as its latest Partner Firm. The former Merrill Lynch advisor joins Sanctuary after overseeing $477 million in total assets for a select group of families.

“John has spent decades building a highly specialized practice around the needs of an exclusive group of families,” said Vince Fertitta, President, Wealth Management, Sanctuary Wealth. “As he considered establishing his own firm and unlocking the asset he worked so hard to build, John’s top priority was a robust platform with UHNW capabilities that would enable him to fulfill his vision of expanded services and solutions for the families he serves. Free from the constraints of a wirehouse environment, he is now positioned to play an even more significant role in his clients’ lives and able to provide them with bespoke, holistic advice.”

Valen Private Capital was founded to serve a concentrated group of families, including many with substantial wealth, complex balance sheets and multi-generational planning needs. The firm combines investment management, planning coordination and high-touch service with a focus on helping families make thoughtful decisions about capital, responsibility and legacy. The firm aims to help families motivate the next generation to build something of their own beyond inherited wealth.

Durham is the latest former wirehouse advisor to join Sanctuary in pursuit of greater control over his business and client experience. Sanctuary’s model allows advisors to choose the affiliation structure that fits their goals while providing access to the investment, planning, technology and operational resources needed to support complex client relationships.

“As I evaluated independence, I wanted a partner that would allow me to build Valen Private Capital around my clients – not force my clients into someone else’s model,” said Durham. “Sanctuary offered the combination of flexibility, experienced support and UHNW resources I was looking for, while allowing me to retain control of the firm I am building. That was important to me, my family and the families we serve.”

Durham has more than 25 years of wealth management experience. He joined Merrill Lynch in 2004, where he developed personalized solutions for individuals and families of substantial wealth.

He earned his Juris Doctor from Delaware Law School and his Master of Laws in Taxation from the Villanova University School of Law. Durham also holds an Estate Planning Certificate from Villanova University School of Law.

Benjamin Durham, who was most recently a Wealth Management Specialist at Merrill Lynch in New York, joins Valen Private Capital as a Partner & Director of Financial Planning. Lisa Downey, who has worked with John Durham as an assistant for years, has also joined the new firm. 

“Valen Private Capital reflects the kind of sophisticated advisor who continues to choose Sanctuary,” said Adam Malamed, CEO of Sanctuary Wealth. “John wanted more than a place to affiliate. He wanted a platform that would respect the business he built, strengthen the resources available to his clients and give him room to create value over time. We are excited to welcome John, Ben and Lisa to Sanctuary and look forward to supporting Valen Private Capital in this next phase.”

About Sanctuary Wealth
Sanctuary is a leading hybrid RIA that provides comprehensive wealth management solutions, platform partnerships and strategic capital investments to sophisticated independent wealth management firms.

Through its Partnered Independence model, Sanctuary helps advisors seeking greater freedom, flexibility, control and choice transition from large financial institutions and build enduring businesses of their own.

Sanctuary Wealth was built to serve elite wirehouse breakaway advisors. Today, Sanctuary supports a growing community of partner firms and business models with integrated technology, marketing, operations and a robust, open-architecture platform, enabling advisors to serve clients at the highest level while building long-term enterprise value.

Media Contact for Sanctuary Wealth:
Donald Cutler
Haven Tower Group
424-317-4864
dcutler@haventower.com

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SOURCE Sanctuary Wealth

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Arctech Shines at SNEC 2026, securing over 3 GW orders with its “Tracker+” Ecosystems

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SHANGHAI, June 5, 2026 /PRNewswire/ — Arctech, a global leader in solar tracking and smart energy solutions, made a strong impression at SNEC 2026 in Shanghai, showcasing its comprehensive “Tracker+” Ecosystems. The exhibition demonstrated the company’s full-scenario capabilities across complex terrains.

The spotlight fell on two integrated solutions.

“Tracker+” Solutions
For the first time since its official launch in May, Arctech presented the SkyLine II all‑terrain intelligent tracking system. Built on four core principles – “All-Terrain Adaptability, All-Scenario Reliability, Full-Lifecycle Shared Success, Full-Ecosystem Compatibility”, this cutting-edge system is engineered to turn challenging lands into high-value energy assets.

Alongside it, the SkyFlex cable mounting system and the Star Shine I autonomous cleaning robot completed the intelligent tracking lifecycle, serving varied scenarios from Gobi and sandy terrain, to agrivoltaics, aquavoltaics, and hilly landscapes.

Yang Ying, Chief Technology Officer of Arctech, introduced two intelligent equipment innovations on site – the Arctech Piling Robot and Automatic Installation Robot. Together, they enable one‑click, all‑weather construction, dramatically reducing labor and installation costs while boosting efficiency. These innovations mark a major step toward fully automated, full‑cycle solar plant construction, from piling to operations and maintenance.

“Green Power+” Solutions
Arctech also featured its off‑grid and energy storage offerings, including the ArcBank utility‑scale energy storage system, building‑integrated photovoltaics (BIPV), and the ArcTrack solar tracking and storage mobile microgrid system. Designed for mining sites, islands, and remote locations, these solutions close the zero‑carbon loop from solar generation to end‑use energy.

Project Signings & Strategic Partnerships

Arctech signed multiple GW-scale projects at the booth, including a 2 GW project in the Middle East, further strengthening its leadership in the region. Additionally, a strategic cooperation agreement for energy storage was signed during the exhibition.

Industry Recognition
According to the recently released Solar PV Tracker Market Report 2026 by S&P Global Energy, Arctech ranked as the world’s No. 2 solar tracker supplier for the second consecutive year, while retaining its No. 1 market position in EMEA. SNEC 2026 was not only a stage for product innovation but also a testament to Arctech’s growing global leadership.

Looking Ahead
Moving forward, Arctech will continue driving the transition from hardware supply to full‑ecosystem solutions – integrating intelligent tracking, automated construction, smart O&M, and green power technologies.

About Arctech

For more information about Arctech, visit: https://en.arctechsolar.com/ 

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