Press release
Smart Factory Market Size is Projected to be Around US$ 210 Billion by 2024
New York, January 17, 2019: 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.The Smart Factory Market is expected to exceed more than US$ 210 Billion by 2024 at a CAGR of 9.3% in the given forecast period.
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.
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This report provides:
1) An overview of the global market for Smart Factory Marketand related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
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.
The Smart Factory Market has been segmented as below:
The Smart Factory Market is segmented on the lines of Technology, Component, End User and Regional Analysis.
By Technology this market is segmented on the basis of 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). By Component this market is segmented on the basis of Sensors, Industrial robots, Machine vision systems and Industrial 3D printing. By End User this market is segmented on the basis of Automotive, Semiconductors, Oil & Gas, Chemical & Petrochemical, Pharmaceutical, Aerospace &Defence, Food & Beverage, Mining and Others. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
The scope of the report includes a detailed study of Smart Factory Marketwith the reasons given for variations in the growth of the industry in certain regions
.
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
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Table of Contents
1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Stakeholders
2. Research Methodology
3. Report Summary
4. Market Overview
5. Smart Factory Market Analysis, By Component
6. Smart Factory Market Analysis, By Technology
7. Smart Factory Market Analysis, By End User
7.1 Automotive
7.2 Semiconductors
7.3 Oil & Gas
7.4 Chemical & Petrochemical
7.5 Pharmaceutical
7.6 Aerospace &Defence
7.7 Food & Beverage
7.8 Mining
7.9 Others
8. Smart Factory Market Analysis, By Region
9. Competitive Overview
10. Company Profiles
10.1 Siemens AG
10.2 ABB Ltd.
10.3 Mitsubishi Electric Corporation
10.4 Emerson Electric Co.
10.5 Yokogawa Electric Corporation
10.6 ATOS SE
10.7 Rockwell Automation, Inc.
10.8 Schneider Electric SE
10.9 Honeywell International Inc.
10.10 Fanuc Corporation
10.11 General Electric Co.
10.12 Robert Bosch GmbH
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About MarketResearchEngine.com
Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.
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