Smart Factory Market Size, Share, Analysis Report

Smart Factory Market By Technology (Product Life Cycle Management (PLM), Manufacturing Execution Systems (MES), Programmable Logic Controller (PLC), Supervisory Control And Data Acquisition System (SCADA), Enterprise Resource Planning (ERP), Distributed Control System (DCS), Human Machine Interface (HMI), Plant Asset Management (PAM)); By Component (Sensors, Industrial robots, Machine vision systems, Industrial 3D printing); By End User (Automotive, Semiconductors, Oil & Gas, Chemical & Petrochemical, Pharmaceutical, Aerospace & Defence, Food & Beverage, Mining) and by Regional Analysis - Global Forecast by

The Smart Factory Market is expected to exceed more than US$ 270 Billion by 2027 at a CAGR of 9% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Siemens AG
  • Schneider Electric SE
  • General Electric Co
  • ABB Ltd
  • Rockwell Automation Inc
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    9

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The good manufactory is that the new trend within the producing trade. It includes systems like cyber–physical technology, net of Things, and cloud computing. This integration helps contour the fabric flow throughout all the processes concerned within the producing, thus, sanctioning effective movement of materials across the manufactory floor. Combining the digital and physical worlds has revolutionized the automation trade, thereby, sanctioning optimum performance.

    How Big is The Smart Factory Market?

    The Smart Factory Market is expected to exceed more than US$ 270 Billion by 2027 at a CAGR of 9% in the given forecast period.

    The major driving factors of Smart Factory Market are as follows:

    • Increasing Adoption of Industrial Robots
    • Evolution of Internet of Things (IoT) Technology and Growing Demand for Smart Automation Solution

    The major restraining factors of Smart Factory Market are as follows:

    • Risk Associated With Security of Cyber-Physical System

    The Smart Factory Market has been segmented as below:

    By Technology:

    • Product Life Cycle Management (PLM)
    • Manufacturing Execution Systems (MES)
    • Programmable Logic Controller (PLC)
    • Supervisory Control And Data Acquisition System (SCADA)
    • Enterprise Resource Planning (ERP)
    • Distributed Control System (DCS)
    • Human Machine Interface (HMI)
    • Plant Asset Management (PAM)

    By Component:

    • Sensors
    • Industrial robots
    • Machine vision systems
    • Industrial 3D printing

    By End User:

    • Automotive
    • Semiconductors
    • Oil & Gas
    • Chemical & Petrochemical
    • Pharmaceutical
    • Aerospace & Defence
    • Food & Beverage
    • Mining
    • Others

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    The Smart Factory Market is segmented on the lines of its technology, component, end user and regional. The basis of component type is segmented into Sensors, Industrial robots, Machine vision systems and Industrial 3D printing. Based on technology type it covers Product Life Cycle Management (PLM), Manufacturing Execution Systems (MES), Programmable Logic Controller (PLC), Supervisory Control and Data Acquisition System (SCADA), Enterprise Resource Planning (ERP), Distributed Control System (DCS), Human Machine Interface (HMI) and Plant Asset Management (PAM). Basis of End User is segmented into Automotive, Semiconductors, Oil & Gas, Chemical & Petrochemical, Pharmaceutical, Aerospace & Defence, Food & Beverage, Mining and Others. The Smart Factory Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, and Rest of World. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Smart Factory Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Smart Factory Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Smart Factory Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Siemens AG, General Electric Co, ABB Ltd, Rockwell Automation, Inc, Schneider Electric SE, Honeywell International Inc, Fanuc Corporation, Mitsubishi Electric Corporation, Emerson Electric Co, Yokogawa Electric Corporation, ATOS SE and Robert Bosch GmbH. Company profile includes assigning such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Smart Factory Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Smart Factory Market.

    4) Assess your competitor’s refining portfolio and its evolution.

    Some of the recent developments in Smart Factory Market are as follows:

    Rockwell Automation

    • 11-2020: Rockwell Automation, Inc has declared that it has entered into an agreement to acquire Fiix Inc a privately-held, AI-enabled computerized maintenance management system company.
    • 10-2020: Rockwell Automation, Inc and Microsoft Corp has declared a five-year partnership expansion to develop integrated, market-ready solutions that help industrial customers improve digital agility through cloud technology.

    Schneider Electric

    • 10-2020: Schneider Electric has declared they have signed a memorandum of understanding to collaborate on assessing emerging technologies based on the Open-Process Automation Standard.
    • 10-2020: Schneider Electric and Semiotic Labs have signed a partnership agreement..

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    1. Introduction
        1.1 Key Insights
        1.2 Report Overview
        1.3 Markets Covered
        1.4 Stakeholders
    2. Research Methodology
        2.1 Research Scope
        2.2 Market Research Process
        2.3 Research Data Analysis
            2.4.1 Secondary Research
            2.4.2 Primary Research
            2.4.3 Models for Estimation
        2.5 Market Size Estimation
            2.5.1 Bottom-Up Approach – Segmental Market Analysis
            2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
        4.1 Introduction
            4.2.1 Drivers
            4.2.2 Restraints
            4.2.3 Opportunities
            4.2.4 Challenges
        4.2 Porter’s Five Force Analysis
    5. Smart Factory Market, By Technology
        5.1 Introduction
        5.2 PLM
            5.2.1 Market Overview
            5.2.2 Market Size and Forecast
        5.3 ERP
            5.3.1 Market Overview
            5.3.2 Market Size and Forecast
        5.4 HMI
            5.4.1 Market Overview
            5.4.2 Market Size and Forecast
        5.5 PAM
            5.5.1 Market Overview
            5.5.2 Market Size and Forecast
        5.6 SCADA
            5.6.1 Market Overview
            5.6.2 Market Size and Forecast
        5.7 PLC
            5.7.1 Market Overview
            5.7.2 Market Size and Forecast
        5.8 DCS
            5.8.1 Market Overview
            5.8.2 Market Size and Forecast
        5.9 MES
            5.9.1 Market Overview
            5.9.2 Market Size and Forecast

    6. Smart Factory Market, By Industry
        6.1 Introduction
        6.2 Discrete Industries
            6.2.1 Market Overview
            6.2.2 Market Size and Forecast
        6.3 Process Industries
            6.3.1 Market Overview
            6.3.2 Market Size and Forecast

    7. Smart Factory Market, By Component
        7.1 Introduction
        7.2 Sensors
            7.2.1 Market Overview
            7.2.2 Market Size and Forecast
        7.3 Industrial 3D Printing
            7.3.1 Market Overview
            7.3.2 Market Size and Forecast
        7.4 Industrial Robots
            7.4.1 Market Overview
            7.4.2 Market Size and Forecast
        7.5 Machine Vision
            7.5.1 Market Overview
            7.5.2 Market Size and Forecast

    8. Smart Factory Market, By Geography
        8.1 Introduction
        8.2 North America
            8.2.1 North America Smart Factory, By Solution
            8.2.2 North America Smart Factory, By Industry
            8.2.3 North America Smart Factory, By Component
        8.3 Europe
            8.3.1 Europe Smart Factory, By Solution
            8.3.2 Europe Smart Factory, By Industry
            8.3.3 Europe Smart Factory, By Component
        8.4 Asia-Pacific
            8.4.1 Asia-Pacific Smart Factory, By Solution
            8.4.2 Asia-Pacific Smart Factory, By Industry
            8.4.3 Asia-Pacific Smart Factory, By Component
        8.5 Rest of the World
            8.5.1 Rest of the World Smart Factory, By Solution
            8.5.2 Rest of the World Smart Factory, By Industry
            8.5.3 Rest of the World Smart Factory, By Component

    9. Competitive Insights
        9.1 Key Insights
        9.2 Company Market Share Analysis
        9.3 Strategic Outlook
            9.3.1 Mergers & Acquisitions
            9.3.2 New Product Development
            9.3.3 Portfolio/Production Capacity Expansions
            9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements 
            9.3.5 Others

    10. Company Profiles
        10.1 Stratasys
            10.1.1 Company Overview
            10.1.2 Product/Service Landscape
            10.1.3 Financial Overview
            10.1.4 Recent Developments
        10.2 Robert Bosch
            10.2.1 Company Overview
            10.2.2 Product/Service Landscape
            10.2.3 Financial Overview
            10.2.4 Recent Developments
        10.3 Yokogawa Electric
            10.3.1 Company Overview
            10.3.2 Product/Service Landscape
            10.3.3 Financial Overview
            10.3.4 Recent Developments
        10.4 Emerson Electric
            10.4.1 Company Overview
            10.4.2 Product/Service Landscape
            10.4.3 Financial Overview
            10.4.4 Recent Developments
        10.5 Mitsubishi Electric
            10.5.1 Company Overview
            10.5.2 Product/Service Landscape
            10.5.3 Financial Overview
            10.5.4 Recent Developments
        10.6 FANUC
            10.6.1 Company Overview
            10.6.2 Product/Service Landscape
            10.6.3 Financial Overview
            10.6.4 Recent Developments
        10.7 Honeywell International
            10.7.1 Company Overview
            10.7.2 Product/Service Landscape
            10.7.3 Financial Overview
            10.7.4 Recent Developments
        10.8 Schneider Electric
            10.8.1 Company Overview
            10.8.2 Product/Service Landscape
            10.8.3 Financial Overview
            10.8.4 Recent Developments
        10.9 Rockwell Automation
            10.9.1 Company Overview
            10.9.2 Product/Service Landscape
            10.9.3 Financial Overview
            10.9.4 Recent Developments
        10.10 ABB
            10.10.1 Company Overview
            10.10.2 Product/Service Landscape
            10.10.3 Financial Overview
            10.10.4 Recent Developments
        10.11 General Electric
            10.11.1 Company Overview
            10.11.2 Product/Service Landscape
            10.11.3 Financial Overview
            10.11.4 Recent Developments
        10.12 Siemens
            10.12.1 Company Overview
            10.12.2 Product/Service Landscape
            10.12.3 Financial Overview
            10.12.4 Recent Developments
        10.13 TE Connectivity
            10.13.1 Company Overview
            10.13.2 Product/Service Landscape
            10.13.3 Financial Overview
            10.13.4 Recent Developments
        10.14 Texas Instruments
            10.14.1 Company Overview
            10.14.2 Product/Service Landscape
            10.14.3 Financial Overview
            10.14.4 Recent Developments
        10.15 HP
            10.15.1 Company Overview
            10.15.2 Product/Service Landscape
            10.15.3 Financial Overview
            10.15.4 Recent Developments
        10.16 Kuka
            10.16.1 Company Overview
            10.16.2 Product/Service Landscape
            10.16.3 Financial Overview
            10.16.4 Recent Developments
        10.17 SAP
            10.17.1 Company Overview
            10.17.2 Product/Service Landscape
            10.17.3 Financial Overview
            10.17.4 Recent Developments
        10.18 Omron
            10.18.1 Company Overview
            10.18.2 Product/Service Landscape
            10.18.3 Financial Overview
            10.18.4 Recent Developments
        10.19 Dassault SysteMES
            10.19.1 Company Overview
            10.19.2 Product/Service Landscape
            10.19.3 Financial Overview
            10.19.4 Recent Developments
        10.20 Qualcomm
            10.20.1 Company Overview
            10.20.2 Product/Service Landscape
            10.20.3 Financial Overview
            10.20.4 Recent Developments
     

    The Smart Factory Market has been segmented as below:

    By Technology:

    • Product Life Cycle Management (PLM)
    • Manufacturing Execution Systems (MES)
    • Programmable Logic Controller (PLC)
    • Supervisory Control And Data Acquisition System (SCADA)
    • Enterprise Resource Planning (ERP)
    • Distributed Control System (DCS)
    • Human Machine Interface (HMI)
    • Plant Asset Management (PAM)

    By Component:

    • Sensors
    • Industrial robots
    • Machine vision systems
    • Industrial 3D printing

    By End User:

    • Automotive
    • Semiconductors
    • Oil & Gas
    • Chemical & Petrochemical
    • Pharmaceutical
    • Aerospace & Defence
    • Food & Beverage
    • Mining
    • Others

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 9% during the study period (2022-2027)
    The Smart Factory Market is expected to exceed more than US$ 270 Billion by 2027
    The segment included in Smart Factory Market is Technology, Component and region.
    Some key players operating in the Smart Factory Market include Siemens AG, General Electric Co, ABB Ltd, Rockwell Automation, Inc, Schneider Electric SE, Honeywell International Inc, Fanuc Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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