Press release
Smart Factory Market Research Report 2019 With Emerson, Siemens, GE, Schneider Electric, Honeywell, ABB, Rockwell Automation, FANUC CORPORATION, Yokogawa, Bosch, KUKA, SAP ERP, HP, Stratasys, TE Connectivity, Texas Instruments, OMRON, Mitsubishi Electric
Smart Factory Market
The smart factory market research report involves creative device so as to study and assess smart factory Industry alongside its chances, and supporting key and strategic basic leadership. The report examines changing patterns and competitive examination which winds up fundamental to screen execution and settle on basic choices for development and advancement. The report holds the possibility to join the rundown of the most compelling ventures on the planet. The market is intensely adding to universal income age and at the same time boosting the worldwide financial structure. The report perfectly examines the scenario of quickly expanding smart factory market whose development has been driven by crude material luxuriousness, item awareness, developing interest, and financial stability.
Get Free Sample to Analyze This Market: https://databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-factory-market
Global smart factory Market is expected to rise from its initial estimated value of USD 142.56 billion in 2018 to an estimated value of USD 260.17 billion by 2026, registering a CAGR of 7.81% in the forecast period of 2019-2026. Increasing adoption of robots in manufacturing industries is driving the growth of this market. Few of the major competitors currently working in smart factory market are
· Siemens
· GENERAL ELECTRIC
· ABB
· Rockwell Automation, Inc.
· Schneider Electric
· Honeywell International Inc.
· FANUC CORPORATION
· Mitsubishi Electric Corporation
· Emerson Electric Co.
Other Players Are : Yokogawa India Ltd., Bosch Limited, Stratasys Ltd., TE Connectivity Ltd, Texas Instruments Incorporated., KUKA AG, SAP ERP, HP Development Company, L.P., OMRON Corporation, Dassault Systèmes.
Smart factory is an advanced factory where the machines and equipment can improve the process by automation and self- optimization. They not only improve the productivity but also improve the product development and supply chain logistics. These days, there is increase in the adoption for industrial robots which is the major factor fuelling the market growth.
Market Drivers:
· Increasing demand for the industrial robots is driving the growth of this market
· Need for more efficient manufacturing process is driving the market growth
Market Restraints:
· High investment cost is restraining the market growth
· Increasing awareness for the security of cyber- physical system is another major factor restraining the market growth and development
Get TOC For Full Analysis Of Report: https://databridgemarketresearch.com/toc/?dbmr=global-smart-factory-market
Segmentation: Global Smart Factory Market
· By Component
o Sensors
o Industrial Robots
Traditional Industrial Robots
Articulated Robots
Cartesian Robots
Selective Compliance Assembly Robot Arm (SCARA)
Cylindrical Robots
Other Robots
Collaborative Robots
o Industrial 3D Printing
o Machine Vision
Camera
Digital Camera
Smart Camera
Frame Grabbers, Optics, and Led Lighting
Processor and Software
· By Technology
Product Life Cycle Management
Manufacturing Execution System (MES)
Programmable Logic Controller (PLC)
Supervisory Control and Data Acquisition (SCADA)
Enterprise Resource Planning (ERP)
Distributed Control System (DCS)
Human–Machine Interface (HMI)
Plant Asset Management (PAM)
· By End- User
o Machine Manufacturing
o Oil & Gas
o Aerospace & Defense
o Electrical & Electronics,
o Automotive & Transportation
o Chemical
o Pharmaceuticals
o Mining & Metals
o Food & Beverages
o Electric Power Generation
· By Geography
o North America
· US
· Canada
· Mexico
o South America
· Brazil
· Argentina
· Rest of South America
o Europe
· Germany
· France
· United Kingdom
· Italy
· Spain
· Russia
· Turkey
· Belgium
· Netherlands
· Switzerland
· Rest of Europe
o Asia-Pacific
· Japan
· China
· South Korea
· India
· Australia
· Singapore
· Malaysia
· Indonesia
· Thailand
· Philippines
· Rest of Asia-Pacific
o Middle East and Africa
· South Africa
· Egypt
· Saudi Arabia
· United Arab Emirates
· Israel
· Rest of Middle East and Africa
Key Developments in the Market:
· In June 2018, PTC Inc. and Rockwell Automation, Inc announced that they have signed a definitive agreement so that they can enhance their business and meet the needs and requirement of the people. The main aim is to combine the PTC’s award-winning ThingWorx IoT, Kepware industrial connectivity, and Vuforia augmented reality (AR) platforms which will help them to increase productivity & heightened plant efficiency and will improve the system performance.
· In May 2018, Schneider Electric along with Temasek announced that they signed an agreement to buy Larsen & Toubro. This agreement will help both the companies to improve end-to-end R&D and manufacturing capabilities. The main aim is to start the Low Voltage & Industrial Automation Products business in India.
Competitive Analysis
Global smart factory market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart factory market for global, Europe, North America, Asia-Pacific and South America.
Want Full Report? Enquire Here For Custom Requirements Or Buying: https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-smart-factory-market
Contact Us
Data Bridge Market Research
Toll Free: +1-888-387-2818
Mail: sopan.gedam@databridgemarketresearch.com
https://databridgemarketresearch.com
About Us
Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Factory Market Research Report 2019 With Emerson, Siemens, GE, Schneider Electric, Honeywell, ABB, Rockwell Automation, FANUC CORPORATION, Yokogawa, Bosch, KUKA, SAP ERP, HP, Stratasys, TE Connectivity, Texas Instruments, OMRON, Mitsubishi Electric here
News-ID: 1777276 • Views: …
More Releases from Data Bridge Market Research
Water Treatment System Market: Sustaining the Future of Clean Water
Introduction
Understanding Water Treatment Systems
Water treatment systems are designed to purify and disinfect water for various uses-drinking, industrial processes, irrigation, and wastewater reuse. These systems eliminate contaminants such as bacteria, viruses, heavy metals, chemicals, and particulates, making water safe and sustainable for consumption and use.
Importance in Global Sustainability
Clean water is essential to life and industrial progress. With growing water demand and pollution, water treatment systems are now critical infrastructure across the…
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032.
With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal…
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032.
With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal…
Veterinary X-Ray Market Size, Analysis, Scope, Demand, Opportunities, Statistics
According to Data Bridge Market Research The global Veterinary X-Ray market size was valued at USD 915.19 million in 2024 and is projected to reach USD 1576.00 million by 2032, with a CAGR of 7.03 % during the forecast period of 2025 to 2032.
With increasing globalization and digital disruption, the Equine X-Ray Solutions Market is expanding across multiple industries, . Market research data indicates that businesses in the Companion Animal…
More Releases for Robot
Major Market Shift in Robot Kitchen Industry: Robot-Operated Or AI-Powered Resta …
What Is the Forecasted Market Size and Growth Rate for the Robot Kitchen Market?
The robot kitchen market has grown strongly in recent years. It is projected to grow from $3.35 billion in 2024 to $3.66 billion in 2025, at a CAGR of 9.3%. The growth is driven by automation and efficiency, rising labor costs, consumer demand for convenience, innovation and competition, and the emphasis on food safety and hygiene.
The robot…
AI Robot Toy Market Likely to Enjoy Massive Growth (2024-2029)ROYBI AI Robot , D …
According to HTF Market Intelligence, the Global AI Robot Toy market to witness a CAGR of 17.8% during the forecast period (2024-2029). The Latest Released AI Robot Toy Market Research assesses the future growth potential of the AI Robot Toy market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify…
Six-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global six-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the six-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
Four-Axis Robot Controllers Market | ABB, Alfa Robot, Arburg, Engel
The global four-axis robot controllers market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the four-axis robot controllers market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
TPA Robot launches a new industrial linear robot
The single axis robot KK Series, developed by TPA ROBOT, uses partially hardened U-shaped steel base track to significantly increase the robot's strength and load capacity. Due to the different environments, we have three type of linear robot series, KSR, KNR and KFR, depending on the type of cover used.
For the return system between the track and the slider, the contact surface between the ball and the ball groove adopts…
Robot Battery Market 2023- 2028 Global Insights by Industry Volume, Opportunitie …
The Robot Battery Market research report gives consistent conveyance of the substance. Information gathered in the notification is from verified and reliable sources. Besides, the report additionally breaks down the forthcoming patterns and openings likely to propel the Robot Battery Market. Moreover, the Robot Battery Market provides creative strategies and plans that help market players to stay ahead of the competition. Besides, the Robot Battery Market research report likewise evaluates…
