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The smart factory market is forecasted to grow by USD 97.1 billion during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the smart factory market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus of vendors on setting up new smart factories, need for simplification of complex manufacturing activities, and miniaturization of sensors.
The smart factory market is segmented as below:
By Component
- Industrial sensors
- Industrial robots
- Industrial 3D printers
- Machine vision systems
By Solution
- SCADA
- MES
- DCM
- PLC
- PLM
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the smart factory market covers the following areas:
- Smart factory market sizing
- Smart factory market forecast
- Smart factory market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Solution
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global smart factory market: ABB Ltd., Azbil Corp., Cisco Systems Inc., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., FUJI Corp., General Electric Co., Honeywell International Inc., Johnson Controls International Plc., Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of industrial internet of things (iiot)."
According to the report, one of the major drivers for this market is the increasing focus of vendors on setting up new smart factories.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Azbil Corp.
- Cisco Systems Inc.
- Dassault Systemes SE
- Emerson Electric Co.
- Endress Hauser Group Services AG
- FANUC Corp.
- FUJI Corp.
- General Electric Co.
- Honeywell International Inc.
- Johnson Controls International Plc.
- Microsoft Corp.
- Mitsubishi Electric Corp.
- Oracle Corp.
- Robert Bosch GmbH
- Rockwell Automation Inc.
- SAP SE
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corp.
