The smart factory market would grow at a CAGR of 9.52% over the predicted time frame. The market is expected to increase in value from US$ 129.74 Bn in 2022 to US$ 321.98 Bn in 2032.
The on smart factory Market, which provides a business strategy, research & development activities, concise outline of the market valuation, valuable insights pertaining to market share, size, supply chain analysis, competitive landscape and regional proliferation of this industry.
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A recent report provides crucial insights along with application based and forecast information in the Global Smart factory Market. The report provides a comprehensive analysis of key factors that are expected to drive the growth of this market. This study also provides a detailed overview of the opportunities along with the current trends observed in the Smart factory market.
A quantitative analysis of the industry is compiled for a period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period.
Companies and Manufacturers Covered
The study covers key players operating in the market along with prime schemes and strategies implemented by each player to hold high positions in the industry. Such a tough vendor landscape provides a competitive outlook of the industry, consequently existing as a key insight. These insights were thoroughly analysed and prime business strategies and products that offer high revenue generation capacities were identified. Key players of the global Smart factory market are included as given below:
Smart factory Market Key Players
- ABB Ltd.
- DassaultSystèmes
- General Electric Co.
- Emerson Electric Co.
- Honeywell International Inc.
- Johnson Controls International
- Mitsubishi Electric Corporation
- Microsoft Corporation
- Robert Bosch GmbH
- Schneider Electric SE
- Siemens AG.
Market Segments
By Product
- Machine Vision Systems
- Cameras
- Processors
- Software
- Enclosures
- Frame Grabbers
- Integration Services
- Lighting
- Industrial Robotics
- Articulated Robots
- Cartesian Robots
- Cylindrical Robots
- SCARA Robots
- Parallel Robots
- Collaborative Industry Robots
- Control Devices
- Relays and Switches
- Servo Drives and Motors
- Sensors
- Communication Technologies
- Wired
- Wireless
- Other Products
By Technology
- Product Lifecycle Management (PLM)
- Human Machine Interface (HMI)
- Enterprise Resource and Planning (ERP)
- Distributed Control System (DCS)
- Manufacturing Execution System (MES)
- Programmable Logic Controller (PLC)
- Supervisory Controller and Data Acquisition (SCADA)
- Other Technologies
By End-User Industry
- Automotive
- Semiconductors
- Oil and Gas
- Chemical and Petrochemical
- Pharmaceutical
- Aerospace and Defense
- Food and Beverage
- Mining
- Other End-user Industries
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- The Middle East and Africa
Report Objectives
- To define, describe, and forecast the global smart factory market based on product, and region
- To provide detailed information regarding the major factors influencing the growth of the market (drivers, opportunities, and industry-specific challenges)
- To strategically analyze micromarkets1 with respect to individual growth trends, future prospects, and contributions to the total market
- To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To forecast the size of market segments with respect to four main regions—North America, Europe, Asia Pacific and the Rest of the World (RoW)2
- To strategically profile key players and comprehensively analyze their product portfolios, market shares, and core competencies3
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, and partnerships in the smart factory market
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Smart Factory Market
5.1. COVID-19 Landscape: Smart Factory Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Smart Factory Market, By Product
8.1. Smart Factory Market, by Product, 2023-2032
8.1.1 Machine Vision Systems
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Industrial Robotics
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Control Devices
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Sensors
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Communication Technologies
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Other Products
8.1.6.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Smart Factory Market, By Technology
9.1. Smart Factory Market, by Technology, 2023-2032
9.1.1. Product Lifecycle Management (PLM)
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Human Machine Interface (HMI)
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Enterprise Resource and Planning (ERP)
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Distributed Control System (DCS)
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Manufacturing Execution System (MES)
9.1.5.1. Market Revenue and Forecast (2020-2032)
9.1.6. Programmable Logic Controller (PLC)
9.1.6.1. Market Revenue and Forecast (2020-2032)
9.1.7. Supervisory Controller and Data Acquisition (SCADA)
9.1.7.1. Market Revenue and Forecast (2020-2032)
9.1.8. Other Technologies
9.1.8.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Smart Factory Market, By End-User Industry
10.1. Smart Factory Market, by End-User Industry, 2023-2032
10.1.1. Automotive
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Semiconductors
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Oil and Gas
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Chemical and Petrochemical
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Pharmaceutical
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. Aerospace and Defense
10.1.6.1. Market Revenue and Forecast (2020-2032)
10.1.7. Food and Beverage
10.1.7.1. Market Revenue and Forecast (2020-2032)
10.1.8. Mining
10.1.8.1. Market Revenue and Forecast (2020-2032)
10.1.9. Other End-user Industries
10.1.9.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Smart Factory Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.2. Market Revenue and Forecast, by Technology (2020-2032)
11.1.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.2. Market Revenue and Forecast, by Technology (2020-2032)
11.2.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Technology (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Technology (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.2. Market Revenue and Forecast, by Technology (2020-2032)
11.3.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Technology (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Technology (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Technology (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Technology (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Technology (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Technology (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End-User Industry (2020-2032)
Chapter 12. Company Profiles
12.1. ABB Ltd.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. DassaultSystèmes
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. General Electric Co.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Emerson Electric Co.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Honeywell International Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Johnson Controls International
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Mitsubishi Electric Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Microsoft Corporation
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Robert Bosch GmbH
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Schneider Electric SE
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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