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Smart Factory Market Worth $378 Billion with CAGR 11.7% by 2026 | Top Players are Siemens AG, ABB, Schneider Electric, Honeywell, Atos SE, Cognex Corp, Emerson Electric Company

08-08-2019 07:08 AM CET | IT, New Media & Software

Press release from: Orian Research

Smart Factory Market

Smart Factory Market

Global Smart Factory Market is accounted for $140 billion in 2017 and is expected to reach $378 billion by 2026 growing at a CAGR of 11.7% during the forecast period. Increasing Demand for Industrial Robots, rising Emphasis on Real-Time Data Analysis, Enhanced Visibility & Predictive Maintenance and the advancement of the Internet of Things (IoT) are some of the factors impelling the market growth. However, the risk associated with security of cyber-physical system and requirement of a significant amount of capital investments is curbing the market.

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Some of the key players profiled in the Smart Factor Market include Siemens AG, ABB, Schneider Electric, Honeywell International Inc, Atos SE, Cognex Corporation, Emerson Electric Company, Oracle Corporation, Cisco Systems, Inc., FANUC, Yokogawa Electric, General Electric, Omron, IBM, and Wipro Limited.

The smart factory is a paradigm shift from traditional automation to a fully allied and flexible system that enables organizations to digitally plan and project the entire lifecycle of products and production facilities. A smart factory can integrate data from system-wide physical, operational and human assets to drive manufacturing, maintenance, and inventory tracking.

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On the basis of product, Industrial Robots segment holds the major growth during the forecast period due to implementing industrial robotics in smart manufacturing processes can improve productivity, reduce human errors and enhance production volume.

By geography, North America holds the largest market share during the forecast period due to advancements in next-generation technologies in the U.S. & Canada, rising R&D in the field of Internet of Things (IoT) for new & enhanced technologies and growing demand for a better lifestyle.

Products Covered:
• Industrial 3D Printing
• Sensors
• Machine Vision
• Industrial Robots
• Communication Technologies
• Control Devices

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

End Users Covered:
• Aerospace & Defense
• Oil & Gas
• Automotive
• Metals and Mining
• Food & Beverage
• Chemical & Petrochemical
• Semiconductors and Electronics
• Pharmaceutical
• Other End Users

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There are Chapters to thoroughly display the Smart Factory Market. This report included the analysis of market overview, market characteristics, industry chain, competition landscape, historical and future data by types, applications and regions.

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Smart Factory Market, By Product

6 Global Smart Factory Market, By Technology

7 Global Smart Factory Market, By End User

8 Global Smart Factory Market, By Geography

9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies

10 Company Profiling

List of Tables
1 Global Smart Factory Market Outlook, By Region (2016-2026) ($MN)
2 Global Smart Factory Market Outlook, By Product (2016-2026) ($MN)
3 Global Smart Factory Market Outlook, By Industrial 3D Printing (2016-2026) ($MN)
4 Global Smart Factory Market Outlook, By Sensors (2016-2026) ($MN)
5 Global Smart Factory Market Outlook, By Machine Vision (2016-2026) ($MN)
6 Global Smart Factory Market Outlook, By Frame Grabbers, Optics, and Led Lighting (2016-2026) ($MN)
7 Global Smart Factory Market Outlook, By Integration Services (2016-2026) ($MN)
8 Global Smart Factory Market Outlook, By Processor and Software (2016-2026) ($MN)
9 Global Smart Factory Market Outlook, By Camera (2016-2026) ($MN)
10 Global Smart Factory Market Outlook, By Enclosures (2016-2026) ($MN)
...

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Contact Us
Ruwin Mendez
Vice President – Global Sales & Partner Relations
Orian Research Consultants
US +1 (415) 830-3727 | UK +44 020 8144-71-27
Email: info@orianresearch.com
Website: www.orianresearch.com/

About Us
Orian Research is one of the most comprehensive collections of market intelligence reports on the World Wide Web. Our reports repository boasts of over 500000+ industry and country research reports from over 100 top publishers. We continuously update our repository so as to provide our clients easy access to the world's most complete and current database of expert insights on global industries, companies, and products. We also specialize in custom research in situations where our syndicate research offerings do not meet the specific requirements of our esteemed clients.

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