Smart Factory Market by Component (Machine Vision, Industrial Robots, Industrial 3D Printing and Sensors), By Solution (PLC, SCADA, MES, DCS, ERP, PLM, PAM and HMI) By Industry (Automotive, Oil & Gas, Chemicals, Food & Beverages, Pharmaceuticals, Pulp & Paper, Medical Devices and Others)-Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025.

Published Date: 08-Nov-2019 Category: Heavy Industry Report Format : PDF Pages: 190 Report Code: ZMR-346 Status : Published

Global smart factory market was valued at around USD 136.45 billion in 2018, and is expected to reach approximately USD 260.53 billion in 2025, at a CAGR slightly above 9.68% between 2018 and 2025.

Description

Global smart factory market was valued at around USD 136.45 billion in 2018, and is expected to reach approximately USD 260.53 billion in 2025, at a CAGR slightly above 9.68% between 2018 and 2025.

A highly connected and digitized production facility that depends on smart manufacturing is considered as smart factory. It also has a cyber-physical system, which has integrated computing codes which provides automation solution. It also helps in providing data models for rapid use. The use of these factories boosts the production and quality to cut down the operational cost as compared to traditional production systems.

Smart factory market is projected to hold significant growth in the estimated timeframe. The demand for the smart factory is driven owing to the rising focus on energy consumption and improved manufacturing efficiency. It helps in improving processes via self-optimization and automation, its ability is not only limited to production of goods but it also assists in several functions such as supply chain, planning and product development. Additionally, increasing focus on, manufacturing efficiency, energy consumption and rising adoption of advance technologies for manufacturing is anticipated to foster market growth in the projected period. Industrial shift towards smart manufacturing in which technology driven approach is implemented and machines are connected via internet to monitor production process and ensure zero defects manufacturing with no time lag, this is anticipated to impact market growth in the long run.

Furthermore, the industrial robots are the crucial part of smart factory/ manufacturing industry. These robots are now more technological advanced than ever before; their features include skill learning, vision recognition, man-machine-collaboration, utilization of artificial intelligence and also failure prediction. This is expected to further boost market demand in the long run. The rising adoption of robots by automobile manufacturing industry globally will drive market growth in the anticipated timeframe. Also, the process of manufacturing of passenger cars has become more complex and it now requires automation solution to accomplish a substantial portion of the task via robots. However, risk associated with security of cyber-physical system and requirement of huge capital investments is anticipated to hinder market demand in the forecast period.

The smart factory market is bifurcated into component, solution and industry. The industry is segmented into automotive, oil & gas, chemicals, food & beverages, pharmaceuticals, pulp & paper, medical devices and others. Automotive is anticipated to hold significant share of the market during the forecast period. The smart manufacturing solutions play a key role in production and development of quality automobiles are expected to support market growth.

The smart factory in Asia Pacific is projected to hold a significant share in the long run. The market is region is driven due to the increasing adoption and technological innovation in automation technologies in various industries. Key market players such as Omron, Mitsubishi Electric, Fanuc and Yokogawa are investing in R&D to better optimize the use of available resources and cater of market needs for complex passage cars. This is anticipated to stimulate market demand in the forecast period.

Renowned smart factory market players are General Electric, Siemens, Rockwell Automation, ABB, Honeywell International, Schneider Electric, Mitsubishi Electric, FANUC, Yokogawa Electric and Emerson Electric among others.

The report segments smart factory market as follows:

Global Smart Factory Market: Component Segment Analysis

  • Machine Vision
  • Industrial Robots
  • Industrial 3D Printing
  • Sensors

Global Smart Factory Market: Solution Segment Analysis

  • PLC
  • SCADA
  • MES
  • DCS
  • ERP
  • PLM
  • PAM
  • HMI

Global Smart Factory Market: Industry Segment Analysis

  • Automotive
  • Oil & Gas
  • Chemicals
  • Food & Beverages
  • Pharmaceuticals
  • Pulp & Paper
  • Medical Devices
  • Others

Global Smart Factory Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Smart Factory Market, 2016-2025 (USD Million)
    • 2.2. Smart Factory Market: Snapshot
  • Chapter 3. Smart Factory Market - Industry Analysis
    • 3.1. Smart Factory Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Driver 1
      • 3.2.2. Driver 2
    • 3.3. Restraints
      • 3.3.1. Restraint 1
      • 3.3.2. Restraint 2
    • 3.4. Opportunity
      • 3.4.1. Government funding and support
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Product
      • 3.6.2. Market attractiveness analysis By Solution
      • 3.6.3. Market attractiveness analysis By Industry
      • 3.6.4. Market attractiveness analysis By Region
  • Chapter 4. Smart Factory Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Smart Factory Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Smart Factory Market - Component Analysis
    • 5.1. Global Smart Factory Market overview: By Component
      • 5.1.1. Global Smart Factory Market share, By Product,2018 and 2025
    • 5.2. Machine Vision
      • 5.2.1. Global Smart Factory Market By Product1, 2016-2025 (USD Million)
    • 5.3. Industrial Robots
      • 5.3.1. Global Smart Factory Market By Product2, 2016-2025 (USD Million)
    • 5.4. Industrial 3D Printing
      • 5.4.1. Global Smart Factory Market By Product3, 2016-2025 (USD Million)
    • 5.5. Sensors
      • 5.5.1. Global Smart Factory Market By Product4, 2016-2025 (USD Million)
  • Chapter 6. Global Smart Factory Market -Solution Analysis
    • 6.1. Global Smart Factory Market overview: By Solution
      • 6.1.1. Global Smart Factory Market share, By Solution, 2018 and 2025
    • 6.2. PLC
      • 6.2.1. Global Smart Factory Market By PLC, 2016-2025 (USD Million)
    • 6.3. SCADA
      • 6.3.1. Global Smart Factory Market By SCADA, 2016-2025 (USD Million)
    • 6.4. MES
      • 6.4.1. Global Smart Factory Market By MES, 2016-2025 (USD Million)
    • 6.5. DCS
      • 6.5.1. Global Smart Factory Market By DCS, 2016-2025 (USD Million)
    • 6.6. ERP
      • 6.6.1. Global Smart Factory Market By ERP Solutions, 2016-2025 (USD Million)
    • 6.7. PLM
      • 6.7.1. Global Smart Factory Market By PLM Solutions, 2016-2025 (USD Million)
    • 6.8. PAM
      • 6.8.1. Global Smart Factory Market By PAM Solutions, 2016-2025 (USD Million)
    • 6.9. HMI
      • 6.9.1. Global Smart Factory Market By HMI Solutions, 2016-2025 (USD Million)
    • 6.10. Others
      • 6.10.1. Global Smart Factory Market By Other Solutions, 2016-2025 (USD Million)
  • Chapter 7. Global Smart Factory Market -Industry Analysis
    • 7.1. Global Smart Factory Market overview: By Industry
      • 7.1.1. Global Smart Factory Marketshare, By Industry, 2018 and 2025
    • 7.2. Automotive
      • 7.2.1. Global Smart Factory Market By Automotive, 2016-2025 (USD Million)
    • 7.3. Oil & Gas
      • 7.3.1. Global Smart Factory Market By Oil & Gas, 2016-2025 (USD Million)
    • 7.4. Chemicals
      • 7.4.1. Global Smart Factory Market By Chemicals, 2016-2025 (USD Million)
    • 7.5. Food & Beverages
      • 7.5.1. Global Smart Factory MarketBy Food & Beverages, 2016-2025 (USD Million)
    • 7.6. Pharmaceuticals
      • 7.6.1. Global Smart Factory Market By Pharmaceuticals, 2016-2025 (USD Million)
    • 7.7. Pulp & Paper
      • 7.7.1. Global Smart Factory Market By Pulp & Paper, 2016-2025 (USD Million)
    • 7.8. Medical Devices
      • 7.8.1. Global Smart Factory Market By Medical Devices, 2016-2025 (USD Million)
    • 7.9. Others
      • 7.9.1. Global Smart Factory Market By others, 2016-2025 (USD Million)
  • Chapter 8. Global Smart Factory Market - Regional Analysis
    • 8.1. Global Smart Factory Market overview: By Region
      • 8.1.1. Global Smart Factory Marketshare, By Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Smart Factory Market, 2016-2025 (USD Million)
      • 8.2.2. North America Smart Factory Market revenue, By Product,2016-2025 (USD Million)
      • 8.2.3. North America Smart Factory Marketrevenue, By Solution, 2016-2025 (USD Million)
      • 8.2.4. North America Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S.Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.2.5.2. The U.S.Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.2.5.3. The U.S.Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.2.6.2. Rest of North America Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.2.6.3. Rest of North America Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. EuropeSmart Factory Market2016-2025 (USD Million)
      • 8.3.2. Europe Smart Factory Market revenue, By Product,2016-2025 (USD Million)
      • 8.3.3. Europe Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
      • 8.3.4. Europe Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. U.K.Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.3.5.2. U.K.Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.3.5.3. U.K. Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.3.6.2. France Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.3.6.3. France Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.3.7.2. Germany Smart Factory Marketrevenue, By Solution, 2016-2025 (USD Million)
        • 8.3.7.3. Germany Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of EuropeSmart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.3.8.2. Rest of EuropeSmart Factory Marketrevenue, By Solution, 2016-2025 (USD Million)
        • 8.3.8.3. Rest of Europe Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Smart Factory Market, 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Smart Factory Marketrevenue, By Product,2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
      • 8.4.4. Asia Pacific Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.4.5.2. China Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.4.5.3. China Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.4.6.2. Japan Smart Factory Marketrevenue, By Solution, 2016-2025 (USD Million)
        • 8.4.6.3. Japan Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.4.7.2. India Smart Factory Marketrevenue, By Solution, 2016-2025 (USD Million)
        • 8.4.7.3. India Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Smart Factory Marketrevenue, By Product,2016-2025 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Smart Factory Market, 2016-2025 (USD Million)
      • 8.5.2. Latin America Smart Factory Market revenue, By Product,2016-2025 (USD Million)
      • 8.5.3. Latin America Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
      • 8.5.4. Latin America Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Smart Factory Marketrevenue, By Product,2016-2025 (USD Million)
        • 8.5.5.2. Brazil Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.5.5.3. Brazil Smart Factory Market revenue, By Industry, 2016-2025 (USD Million)
      • 8.5.6. Rest of LatinAmerica
        • 8.5.6.1. Rest of LatinAmerica Smart Factory Market revenue, By Product,2016-2025 (USD Million)
        • 8.5.6.2. Rest of LatinAmerica Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
        • 8.5.6.3. Rest of Latin America Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Smart Factory Market, 2016-2025 (USD Million)
      • 8.6.2. The Middle East and Africa Smart Factory Marketrevenue, By Product,2016-2025 (USD Million)
      • 8.6.3. The Middle East and Africa Smart Factory Market revenue, By Solution, 2016-2025 (USD Million)
      • 8.6.4. The Middle East and Africa Smart Factory Marketrevenue, By Industry, 2016-2025 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. General Electric
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Siemens
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Rockwell Automation
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. ABB
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Honeywell International
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. Schneider Electric
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Mitsubishi Electric
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. FANUC
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Yokogawa Electric
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development
    • 9.10. Emerson Electric
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product Portfolio
      • 9.10.4. Business Strategy
      • 9.10.5. Recent Development

Methodology

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