Smart Factory Market Ex-factory Price, Development Strategy, Key Vendors, Forecast by 2032

The global Smart Factory Market will be worth USD 309.67 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing adoption of intelligent technologies across all major industries, including food & beverage, petrochemicals, mining, and manufacturing. Increasing demand for energy efficiency and technological advancements of the sensors is expected to drive the smart factory market's growth. The rising need to eliminate human & machine errors enhanced asset efficiency and production quality has increased the adoption of digitized supply chain management solutions. Assurance of labor wellness, improved operational efficiencies, enhanced efficiency of the manufacturing processes, and reduction in the operational and manufacturing cost are the factors driving the demand for smart farming technologies.

The Global Smart Factory Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.

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The global Smart Factory market report discusses in detail the revenue and cost profit analysis of the prominent players of the market. It also focuses on the strategic initiatives taken by the companies to gain a robust footing in the market such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, and licensing agreements, among others. It covers business overview, expansion plans, gross profit margins, revenue growth, production and manufacturing capacity, product portfolio, and financial standing of the companies. SWOT analysis and Porter’s Five Forces analysis are also covered to offer detailed analysis of the key companies operating in the market.

Top Key Players :

ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, FANUC, Yokogawa Electric, Emerson Electric

Covid 19 Analysis :

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The report clearly defines the Smart Factory market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Smart Factory industry.

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• Component Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Industrial Robotics (Articulated robots, Cylindrical robots, Cartesian robots, SCARA robots, Collaborative robots)
  • Industrial 3D printing
  • Sensors
  • Control Devices (Relays, switches, motors, and drives)
  • Industrial network (Wired networks, wireless networks, RFID systems)
  • Machine Vision (Cameras, Software, and Processor, Frame grabbers)

• Solution Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Programmable Logic Controller (PLC)
  • Product Life Cycle Management (PLM)
  • Manufacturing Execution System (MES)
  • Distributed Control System (DCS)
  • Plant Asset Management (PAM)
  • Enterprise Resource Planning (ERP)
  • Supervisory Control and Data Acquisition (SCADA)
  • Human-Machine Interface (HMI)

• Industry Outlook (Volume: Kilo Tons) (Revenue, USD Billion; 2017-2027)

  • Process Industries (Oil & Gas, Food & Beverage, Power, Chemicals, Pharmaceuticals, Metals & Mining)
  • Discrete Industries (Semiconductor & Electronics, Aerospace & Defense, Automotive)

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

• United States
• Europe
• China
• Japan
• Southeast Asia
• India

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Table of content

Chapter 1: Methodology & Scope

• Definition and forecast parameters
• Methodology and forecast parameters
• Data Sources

Chapter 2:

Executive Summary

• Business trends
• Regional trends
• Product trends
• End-use trends

Chapter 3:

Industry Insights

• Industry segmentation
• Industry landscape
• Vendor matrix
• Technological and innovation landscape

Chapter 4:

Regional Landscape

Chapter 5:

Company Profile

• Business Overview
• Financial Data
• Product Landscape
• Strategic Outlook

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7. Value Chain Analysis
8. Potential Market Opportunities
9. Growth Dynamics
10. Quality Assurance
11. Post-sales Support

TOC of the global Smart Factory Market report:

Chapter 1, describes the Smart Factory Market  Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.

Chapter 2, analyzes the key manufacturers of Smart Factory Market , along with the sales, revenue, and price of Smart Factory Market , in the forecast period.

Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.

Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Smart Factory Market, for each region, from 2020 to 2032.

Chapters 5, 6, 7, 8 and 9, analyze the Smart Factory Market  by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued

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About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.