Smart Factory Industry Status & Trend Report 2019-2025: Overview, Driving Factor Analysis, Opportunities and Forthcoming Developments

Smart Factory is the advanced factory that has cyber-physical systems where materials can be moved efficiently across the factory floor. This advanced system has integrated computing codes that provides automation solution.

Within the modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real time, and via the Internet of Services, both internal and cross-organizational services are offered and used by participants of the value chain.

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North America was the largest market with a market share of 29.09% in 2012 and 26.56% in 2017 with an increase of 2.53%. Europe and China ranked the second and third markets with the market share of 26.50% and 18.92% in 2016.

The smart factory market has been increased in accordance with the development of whole economy, technology and emerging application and the whole world response to the industry 4.0. What is more, continuous advancement in machine intelligence and internet is expected to bring about a fourth industrial revolution, expected to offer a wide range of benefits, including greater efficiency, flexibility, and safety. So, we will see a fast growth rate of the market. What more, there are some problems to be solved ahead, such as the whole supply chain, the whole eco-system, the fierce competition, the high cost, the international standard and so on.

The vendors are better finding their own characteristics, improve product and service quality, including the software and hardware, as well as the services, pay attention to all of the supply chain and eco-system and good brand communication. Following the market trends, access to greater competitive advantage, concerning more on their customer experience and services to get a bigger market share.

The Global Smart Factory market analyzes and researches the Smart Factory development status and forecast in United States, Europe, China, Japan, Southeast Asia, India & Central & South America.

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Key Players covered in this report are Siemens AG, ABB Ltd., Honeywell International, Inc., Yokogawa Electric Corp., General Electric Company, Emerson Electric Company, Schnieder Electric, Atos SE, Rockwell Automation Inc., Robert Bosch GmbH.

Report analysed by applications like Automobile and Transportation, Food and Beverage, Electrical and Electronics, Chemical and Material, Oil and Gas, Others. Then report is analysed on the basis of type Process Manufacturing, Discrete Manufacturing, Others.

Major Points Covered in Table of Contents:

1 Study Coverage

2 Executive Summary

3 Breakdown Data by Manufacturers

4 Breakdown Data by Product

5 Breakdown Data by End User

6 North America

7 Europe

8 Asia Pacific

9 Central & South America

10 Middle East and Africa

11 Company Profiles

12 Future Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis

14 Value Chain and Sales Channels Analysis

15 Research Findings and Conclusion
and More

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This release was published on openPR.