Press release
Global Smart Factory Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Smart factories are industrial facilities that use a variety of fully integrated automation solutions. The material flow throughout all of the manufacturing processes is streamlined with the aid of such integration. Vendors in the smart factories are always looking for innovative ways to improve both the quantity and quality of the goods produced. The flexibility of design and safety solutions is improved with the use of automation techniques. Numerous businesses are investing in Smart Factory technologies as a result.
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By geography, North America is projected to have the highest CAGR over the forecast period, owing to increasing research and development investment, as well as developments by multinational corporations. As an industrial hub, North America is fast becoming more prominent. As a result, there is a huge demand for updating the current infrastructure with cutting-edge technologies. The fourth industrial revolution's intelligent factors may hold the secret to increased maker efficiency. Every maker can adopt the cutting-edge technologies that will boost business value, from those who are already "running smart" to those who have not yet invested in smart factory technologies.
Some of the key players profiled in the Smart Factory Market include Honeywell International Inc., Mitsubishi Electric Corporation, Siemens AG, ABB Ltd, Emerson Electric Co., Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Oracle Corporation, Infosys Ltd., Schneider Electric SE, Johnson Control International Plc, Rockwell Automation Inc., Robert Bosch GmbH and Yokogawa Electric Corporation.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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