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Smart Factory Market - PMR Market Insight Report 2015 to 2021

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Smart Factory Market - PMR Market Insight Report 2015 to 2021

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  1. Smart Factory Market - PMR Market Insight Report 2015 to 2021 Persistence Market Research Smart Factory Market - PMR Market Insight Report 2015 to 2021 Persistence Market Research 1

  2. Smart Factory Market - PMR Market Insight Report 2015 to 2021 Persistence Market Research Released New Market Report on “Smart Factory Market - PMR Market Insight Report 2015 to 2021”. Smart factories are affordable and offer fully integrated automation solutions for manufacturing facilities to streamline the flow of materials during the manufacturing process. Smart factories are characterized by increasing the use of technology and field devices to offer complete automation in manufacturing process. By incorporating cyber physical system into the forefront of manufacturing flow, smart factories are able to connect every process and component across the value chain. This interconnection of information and production has revolutionized the automation industry and thereby, facilitated manufacturing units to perform at an optimum level. Moreover, manufacturing companies are able to achieve shortest time to market and zero waste production through smart factories. Automation in smart factories makes the use of various control devices such as sensors, motors, drives, switches and relays and networks technologies such as wired, wireless and radio frequency identification (RFID). Integrated systems such as Manufacturing Execution System (MES), Information Technology (IT) system, Programmable Logic Control (PLC), Enterprise Resource Planning (ERP) and Supervisory Control and Data Acquisition (SCADA) are designed to meet the specific requirements of a manufacturing unit. These industrial control systems manage the process and streamline the flow of materials across the manufacturing line. Smart factories also make use of industrial robots such as articulated robots, SCARA (Selective Compliance Assembly Robot Arm or Selective Compliance Articulated Robot Arm) robots, Cartesian robots, cylindrical and other robots for various manufacturing processes such as painting, welding, conveyance, heavy lifting etc. One of the major factors driving the growth of smart factory market is the increasing need for improving efficiency and energy saving in the manufacturing process. Automation has enabled manufacturing units to utilize every second of production time through efficient streamlining of the manufacturing process. Technological advancements such as machine to machine communication enable smart factories to eliminate wastage of time caused due to the delay in the process Persistence Market Research 2

  3. Smart Factory Market - PMR Market Insight Report 2015 to 2021 change. Moreover, with rise of Internet of Things (IoT) and services, integration of manufacturing and engineering processes has experienced a tremendous leap forward. However, the growth of smart factory market faces a few restraints due to lack of standardization and interoperability issues. These factors raise concerns in designing integrated solutions using components provided by several automation solution providers. The shortage of trained workers and increasing skill gap further restrains the growth of smart factory market. Other crucial factors such as cyber security threats and associated costs limit the growth of this smart factory market in industries such nuclear, weapons and armaments. Request to view TOC: http://www.persistencemarketresearch.com/toc/4698 With its immense applications in industries such as automotive and transportation, packaging, mining of minerals and metals, chemicals, pharmaceuticals and process industries such as oil and gas, the smart factory market is expected to experience immense growth in coming years. Thereby, companies have invested heavily to explore untapped opportunities in the applications of industrial robots and control devices. Request Brochure: http://www.persistencemarketresearch.com/samples/4698 Some of the major players in smart factory market include Intel Corporation, General Dynamics Corporation, CMC Associates, Freescale Semiconductor Inc., Honeywell International Inc., Johnson Controls Inc., Mitsubishi Electric Corporation, Rockwell Automation Inc., Siemens AG, Schneider Electric SA, General Electric Co., Apriso Corporation, Emerson Electric Co., Invensys Plc., Teledyne Technologies Inc., ABB Ltd., Fraunhofer-Gesellschaft, and National Instruments Corporation. Persistence Market Research 3

  4. Smart Factory Market - PMR Market Insight Report 2015 to 2021 Key geographies evaluated in this report are: North America U.S • Canada • Europe France, Germany, Italy, Spain, and the UK • Eastern Europe • CIS • APAC China • India • Japan • Australia • Others • Latin America Argentina • Brazil • Others • Key features of this report Drivers, restraints, and challenges shaping the Smart Factory market • dynamics Latest innovations and key events in the industry • Analysis of business strategies of the top players • Smart Factory market estimates and forecasts(2015 -2021) • Persistence Market Research 4

  5. Smart Factory Market - PMR Market Insight Report 2015 to 2021 About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values. Contact Us: Persistence Market Research 305 Broadway, 7th Floor, New York City, NY 10007, United States. Phone: +1-646-568-7751 USA/Canada Toll Free Number. 1-800-961-0353 E-mail: sales@persistencemarketresearch.com Web : http://www.persistencemarketresearch.com Persistence Market Research 5

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