openPR Logo
Press release

Smart Factory Market 2018 Global Leaders: Emerson Electric Company, Siemens AG, ABB, Robert Bosch GmbH, Cognex, Oracle, IBM, Ametek, Fanuc

02-01-2018 10:22 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Smart Factory Market 2018 Global Leaders: Emerson Electric

Market Research Future published a research report on “Smart Factory Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario

The smart factory represents the technological and manufacturing development and is combination of high-tech tools and high-tech workers. Smart factory can be defined as a combination of production, information, and communication technologies, having the ability for integration across the entire manufacturing supply chain. The growing demand for sustainable and service-oriented business practices the smart factory is designed. It depends upon flexibility, adaptability, fault tolerance, and risk management.

Smart Factory consists of different technologies such Enterprise resource planning (ERP), Supervisory control and data acquisition (SCADA), Programmable Automation Controller (PAC), Programmable Logic Controller (PLC), Distributed Control System (DCS) and Human Machine Interface (HMI). Enterprise resource planning (ERP) is the real time management of business processes facilitated by software. Supervisory control and data acquisition is a controlled system architecture which uses computers, graphical user interfaces and network data communications for high-level processes. Human Machine Interface includes the electronics required to signal and control the state of Smart Factory equipment.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2317

The industry players are emphasized on improving the efficiency of manufacturing process which is the major driver in Smart Factory market. Apart from it, developments in internet of things (IoT), focus on power consumption are the factors driving Smart Factory. Usage of robots in has been a market trend. The shortage of skilled and trained workers is observed as a threat in smart factory market. The study indicates that many organizations have increased investments in big data analytics, internet of things (IoT) and cloud technologies which is a booster for the smart factory market.

Global Smart Factory Market is expected to grow at USD 73 Billion by 2022, at 9% of CAGR between 2016 and 2022.

Key Players:

The prominent players in the Smart Factory Market are - Siemens AG (Germany), ABB Ltd. (Switzerland), Emerson Electric Company (U.S.), Robert Bosch GmbH (Germany), General Electric Company (U.S.), Honeywell International, Inc. (U.S.), Cognex Corporation, Oracle Corporation (U.S.), IBM Corporation (U.S.), Yokogawa Electric (Japan), Ametek, Inc. (U.S.), Rockwell Automation, Inc. (U.S.) and Fanuc (Japan) among others.

Study Objectives of Smart Factory Market:

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Smart Factory Market
• To provide insights about factors affecting the market growth
• To analyze the Smart Factory market based on various factors- supply chain analysis, porter’s five force analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
• To provide country level analysis of the Market with respect to the current market size and future prospective
• To provide country level analysis of the Market for segment by Capacity, Battery Type, Power bank Type, No. of USB ports and sub-segments.
• To provide strategic profiling of key players in the Market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To Track and Analyze competitive developments such as Joint Ventures, Strategic Alliances, Mergers and acquisitions, new product developments, and research and developments in the Global Smart Factory Market.

Smart Factory Market Segmentation

The Smart Factory Market has been segmented on the basis of component, technology, and end user. Looking through the industry segments it has been observed that manufacturing industry and automotive industry would expect a substantial increase in smart factory market. There has been a trend of automated and technologically developed vehicles, which has resulted to increase in smart factory market in the automotive sector. Whereas metals and mining, oil and gas, and other industries are also leading industries in Smart Factory market.

Regional Analysis:

The regional analysis of Smart Factory market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. Asia-pacific region has shown a considerable growth in smart factory due to technological improvements in the automotive manufacturing sector. The study indicates that countries like Japan, China, South Korea and many others have shown substantial progress in industrial robotics leading to an increase in smart factory market. United States, Germany, France and others are also showing rapid progress in the smart factory market.

Get Complete Report @ https://www.marketresearchfuture.com/reports/smart-factory-market-2317

Intended Audience:

• Process Automation and Instrumentation Manufacturers
• Industrial Robot Manufacturers
• Semiconductor product designers and fabricators
• Automation product manufacturers
• Technology investors
• Hardware & software manufacturers
• MES (Manufacturing Execution System)
• MOM (Manufacturing Operations Management)
• System Integrators
• Government Organizations
• Research/Consultancy firms

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact:

Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

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 2018 Global Leaders: Emerson Electric Company, Siemens AG, ABB, Robert Bosch GmbH, Cognex, Oracle, IBM, Ametek, Fanuc here

News-ID: 926251 • Views:

More Releases from Market Research Future

Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035. Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035. Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CAGR
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034. Cheese packaging
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by

All 5 Releases


More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency