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Smart Factory Market

Smart Factory Market, by Components (Industrial Robotics, Control Devices, Sensors and Actuators), by Technology (ERP, SCADA, PAC, PLC, DCS, HMI), by End-User (Machine Manufacturing, Oil & Gas, Aerospace & Defense, Electrical & Electronics, Automotive & Transportation) by Forecast to 2022. According to Market Research Future Analysis, Global Smart Factory Market has been valued at US $ 73 Billion by the end of forecast period with 9% of CAGR during forecast period 2018 to 2022.

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Smart Factory Market

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  1. Smart Factory Market Report- Forecast 2023 Smart Factory Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Smart Factory Market Report- Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Smart Factory Market Report- Forecast 2023 Summary 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. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Smart Factory Market Report- Forecast 2023 Major 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. P a g e | 4 Copyright © 2017 Market Research Future.

  5. Smart Factory Market Report- Forecast 2023 Segmentation: Smart Factory by Components: • Industrial robotics (Articulated, Cylindrical, Scara & Cartesian robot) • Control devices • Sensors and actuators Smart Factory by Technology: • Enterprise resource planning (ERP) • Supervisory control and data acquisition (SCADA) • Programmable Automation Controller (PAC) • Programmable Logic Controller (PLC) • Distributed Control System (DCS) Smart Factory by End-user: • Machine manufacturing • Oil & gas • Aerospace & defense • Electrical & electronics • Automotive & transportation • Chemical • Pharmaceuticals • Mining & metals P a g e | 5 Copyright © 2017 Market Research Future.

  6. Smart Factory Market Report- Forecast 2023 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. P a g e | 6 Copyright © 2017 Market Research Future.

  7. Smart Factory Market Report- Forecast 2023 (Germany) are focusing on the digital utilities transformation. P a g e | 7 Copyright © 2017 Market Research Future.

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