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Visiongain has published a new report entitled Smart Manufacturing 2023-2033. It includes profiles of Smart Manufacturing and Forecasts Market Segment by Component, Industry Type, Process Industry, Discrete Industry, Technology, plus COVID-19 Impact Analysis and Recovery Pattern Analysis. The global smart manufacturing market was valued at US$97.81 billion in 2022 and is projected to grow at a CAGR of 14.7% during the forecast period 2023-2033. Investing in digital transformation is critical to unlocking the industrial machinery trends that will accelerate and improve critical manufacturing and engineering processes, but establishing accurate data collection is critical to its success. Digitalization also supports smart manufacturing and digital engineering.