Press release
Smart Factory Market was valued at USD 80.06 Bn in 2021 and is expected to reach USD 182.51 Bn by 2029, at a CAGR of 10.85% during the forecast period
Smart Factory Market
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. The report covers the current short-term and long-term impact on the market, providing insights that will help decision-makers prepare strategies for companies by region.
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The report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections. The report also includes a suitable set of assumptions and methodology. It provides PEST analysis, PORTER's analysis, and SWOT analysis to address the question of shareholders in prioritizing their efforts and investment in the near future.
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What are Smart Factory Market Dynamics?
The global Smart Factory Market is driven by the revolution of the Internet of Things (IoT), the increasing use of enabling technologies in manufacturing, the rise in the adoption of industrial robots in manufacturing, and innovations in assembly-line methods. Increasing use of automation in manufacturing, government support to industrial automation, simple regulatory compliances, and increasing complexities in the global supply chain are also driving the market.
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The high initial cost of implementing smart factory solutions, along with the need for a skilled workforce, are some of the factors restraining the growth of the global Smart Factory Market.
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What is Smart Factory Market Segmentation?
by Technology:
Enterprise Resource Planning (ERP)
• Supervisory control and data acquisition (SCADA)
• Programmable Automation Controller (PAC)
• Programmable Logic Controller (PLC)
• Distributed Control System (DCS)
• Human Machine Interface (HMI)
by Field Devices:
Industrial Robotics
• Control Devices
• Industrial Network
by Components:
Industrial robotics
• Control devices
• Sensors and actuators
• Machine Vision
• Industrial 3D Printing
by Solution:
SCADA
• PLC
• DCS
• MES
• PLM
• ERP
• HMI
• PAM
by Industrial Networks:
Process Industries
• Discrete Industries
by Market Structure:
To Connect
• To Collect
• To Analyse
• To Control
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Who are Smart Factory Market Key Players?
ABB (ASEA BROWN BOVERI) Group
• Siemens AG
• Schneider Electric SE
• Rockwell Automation Inc.
• Honeywell International, Inc.
• General Electric Company
• Johnson Controls International PLC
• Yokogawa Electric Corporation
• Robert Bosch GmbH
• Oracle Corporation
• SAP SE
• IBM Corporation
• Emerson Electric Company
• Cisco Systems, Inc.
• Wipro Limited
• Omron
• Fanuc
• Mitsubishi Electric
• Toyota
• Honda
• Suzuki
Table of content for the Smart Factory Market includes:
Global Smart Factory Market: Research Methodology
Global Smart Factory Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Smart Factory Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Smart Factory Market Segmentation
Global Market, by Technology(2021-2029)
Global Market, by Field Devices(2021-2029)
Global Market, by Components(2021-2029)
Global Market, by Solution(2021-2029)
Global Market, by Industrial Networks(2021-2029)
Global Market, by Market Structure(2021-2029)
Regional Smart Factory Market(2021-2029)
Regional Market, by Technology(2021-2029)
Regional Market, by Field Devices(2021-2029)
Regional Market, by Components(2021-2029)
Regional Market, by Solution(2021-2029)
Regional Market, by Industrial Networks(2021-2029)
Regional Market, by Market Structure(2021-2029)
Regional Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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