The global Smart Factory Market will be worth USD 309.67 Billion by 2027, according to a current analysis by Emergen Research.
The latest industry intelligence research on the Smart Factory market offers a repository of valuable data on the size, share, and growth rate of the Smart Factory market for the forecast period, 2020 – 2027. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2020 – 2027 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.
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The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the presence of major market players such as Yokogawa, Mitsubishi electric, and Fanuc in the region.
Key participants include ABB, General Electric, Siemens, Rockwell Automation, Honeywell International, Schneider Electric, Mitsubishi Electric, FANUC, Yokogawa Electric, and Emerson Electric, among others.
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
Significant driving forces shaping the future of the Smart Factory market for the forecast period 2020 – 2027 find a special mention in the study and are backed by a real-time statistic. Thorough segmentation of the industry by type, application, classification, and geography works as an impetus towards increasing the sale figures and boosting business prospects alongside the hindrances that often restrict the industry’s growth. In addition, bifurcation of the market on the basis of consumption volume, customer preference, end-user, and production capacity is explained through important resources including but not limited to charts, graphic images, and tables.
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Report Objectives
Examine the size of the global Smart Factory market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Smart Factory market.
Explore the underlying dynamics of the global Smart Factory market.
Highlight significant trends of the global Smart Factory market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Smart Factory market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Smart Factory market.
Forecast the market size and share of all segments and regions in the global landscape.
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Emergen Research has segmented the global Smart Factory Market on the basis of Component, Solution, Industry, and region:
Component Outlook (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 (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 (Revenue, USD Billion; 2017-2027)
Process Industries (Oil & Gas, Food & Beverage, Power, Chemicals, Pharmaceuticals, Metals & Mining)
Discrete Industries (Semiconductor & Electronics, Aerospace & Defense, Automotive)
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The study dives deep into the profiles of top market players and their key financials. This comprehensive report is not only for business analysts and any existing and new entrant can use it when designing their business strategies. The research is one of its kind global analyses of aspects such as import and export status, supply chain management, profit and gross margin worldwide for the forecast period 2020 – 2027. Extensive coverage of statistics associated with recent events including acquisition and mergers and strengths and weaknesses of a company forms an important part of the study on the Smart Factory market.
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Factory Market Segmentation & Impact Analysis
4.1. Smart Factory Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Stringent environmental regulations
4.2.2.2. Rising need to reduce bacterial or algal contamination in water systems
4.2.2.3. Increasing demand for biocides for municipal water treatment
4.2.3. Market restraints analysis
4.2.3.1. Fluctuating prices of raw material
4.2.3.2. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Factory Market By Type Insights & Trends, Revenue (USD Billion)
Chapter 6. Smart Factory Market By Application Insights & Trends Revenue (USD Billion)
Chapter 7. Smart Factory Market By End-use Insights & Trends, Revenue (USD Billion)
Chapter 8. Smart Factory Market Regional Outlook
Continued…
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