COVID19 Impact on Smart Factory and Manufacturing Market | Global Industry Size, Share, Demand, Growth and Its Revenue Estimation Through 2026
Global Smart Factory and Manufacturing Market likely to witness 9.7% CAGR during 2021-26. It owes to several factors like the participation of several industries like automotive, FMCG, pharmaceuticals, and oil & gas, escalating need for an automotive solution has grown in recent years. Furthermore, the high deployment of digital technologies like IoT to achieve improved speed, productivity, and efficiency is another crucial factor likely to propel the market growth in the forecast period, i.e., 2021-26.Get a sample report: https://www.marknteladvisors.com/query/request-sample/global-smart-factory-and-manufacturing-market.html
Market Segmentation
1. By Technology (AI (Artificial Intelligence), IIOT (Industrial Internet of Things), Cloud-based, Blockchain, others)
2. By Application (Manufacturing, Logistics & Transportation, Retail, Storage, Maintenance, Protection from Cybercrime, Construction, Quality Control, Others)
3. By Software Type (SCADA, HMI, PLC, DCS, Others)
4. By Component (Sensors Smart Infrared Cameras, 3D sensors, Others, Controllers, Software Controllers, Drive Controllers, Heating Controllers, Others, Industrial Robots, (Traditional Robots (Articulated Robots, Cartesian Robot, Selective Compliance Assembly Robot Arm (SCARA), Cylindrical Robots, Other Robots), (Collaborative Robots), Others)
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Region-wise Segmentation
• North America: US, Canada, Mexico
• South America: Brazil
• Europe: Germany, France, UK, Italy
• Asia-Pacific: China, India, Japan, South Korea
• Middle East & Africa
Key Growth Drivers
• the evolution of the Internet of Things (IoT)
• the rising use of technologies in manufacturing industries
• expanding adoption of automated robots in the industrial sector
• the mass production of facilities to fulfill the needs of the mounting population.
Market Challenges
• huge capital investments required to implement & maintain advanced machinery, software systems, and IT infrastructure for the smooth functioning of industrial automation equipment
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Market Competitors:
IBM, Thales, BAE Systems PLC, Senseye, Oden, Aclima, Neiker-Tecnalia, Festo, Seimens, Upskill, Teska Labs, Sick AG, LMI Technologies, Oracle.
Key Questions Answered in this Report:
1. What are the current & future trends in the Global Smart Factory and Manufacturing Market?
2. What are the overall market statistics or estimates (Market Overview, Market Size- by Value, Forecast Numbers, Market Segmentation, and Market Shares) of the Global Smart Factory and Manufacturing Market?
3. How has the industry been evolving in terms of geography & services adoption?
4. How has the competition been shaping across the globe, followed by their comparative factorial indexing?
5. What are the key growth drivers & challenges for the Global Smart Factory and Manufacturing Market?
6. What are the customer orientation, purchase behavior, and expectations from Smart Factory and Manufacturing providers across the globe?
7. What are the region-wise industry size, growth drivers, and challenges?
8. What are the key innovations, opportunities, current & future trends, and regulations in the Global Smart Factory and Manufacturing Market?
9. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Smart Factory and Manufacturing Market based on a competitive benchmarking matrix?
10. What are the key results derived from the market surveys conducted during the Global Smart Factory and Manufacturing Market study?
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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.
We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.
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