New

Smart Factory Market

2021

Smart Factory Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Machine Vision Systems, Industrial Robots, Control Devices, Sensors, Others); Technology (Enterprise Resource Planning, Product Lifecycle Management, Human Machine Interface); Industry Vertical (Automotive, Semiconductors, Oil and Gas, Others) and Geography

| Report Code: TIPTE100000243 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

Market Insights

Smart Factory Market 2028 By Product Type, Technology, Industry Vertical and Geography | The Insight Partners

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MARKET INTRODUCTION



A smart factory demonstrates production and technological innovation, as well as the flawless integration of high-tech machinery and devices. It is a created manufacturing system that creates cyber-physical technologies that allow for efficient material transportation across the manufacturing floor. It offers real-time quality as well as time savings. The growth in practice of modern manufacturing bases, increasing focus on energy consumption, and enhanced production efficiency are the key factors driving the Smart Factory market's growth.

MARKET SCOPE



The "Global Smart Factory Market Analysis to 2028" is a specialized and in-depth study of the Smart factory Market with a special focus on the global market trend analysis. The report aims to provide an overview of smart factory market with detailed market segmentation by product type, technology and industry vertical. The global smart factory market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart factory market player and offers key trends and opportunities in the smart factory market.

MARKET SEGMENTATION



  • Based on product type the market is segmented as, machine vision systems, industrial robots, control devices, sensors, and others.
  • Based on technology the market is segmented as, enterprise resource planning, product lifecycle management, and human machine interface.
  • Further on the basis of industry vertical the market is segmented as, automotive, semiconductors, oil and gas, and others.

    MARKET DYNAMICS



    Drivers



    • The growth in practice of modern manufacturing bases, increasing focus on energy consumption, and enhanced production efficiency are the key factors driving the Smart Factory market's growth.
    • Increasing industry of refurbished robots and untapped field like industrial robots and RFID are likely to propel market growth during the forecast period.
    • Growing demand for technologies such as the Internet of Things (IoT) and artificial intelligence (AI).

    Restraints



    • The smart factory market is restrained by possibility of cyber attacks, security concerns along with higher initial investment for automation and smart factory.

    REGIONAL FRAMEWORK



    The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart factory market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The smart factory market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

    The report analyzes factors affecting smart factory Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the smart factory market in these regions.

    IMPACT OF COVID-19 ON SMART FACTORY MARKET
    COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

    MARKET PLAYERS



    The reports cover key developments in the smart factory market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from smart factory market are anticipated to lucrative growth opportunities in the future with the rising demand for smart factory market. Below mentioned is the list of few companies engaged in the smart factory market.

    The report also includes the profiles of key smart factory market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

    • ABB Ltd
    • Endress+Hauser AG
    • Emerson Electric Co.
    • Rockwell Automation, Inc
    • General Electric
    • Honeywell International Inc
    • Omron Corporation
    • Schneider Electric
    • Siemens AG
    • Yokogawa Electric Corporation

    The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • TABLE OF CONTENTS

    1. INTRODUCTION
    1.1. SCOPE OF THE STUDY
    1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
    1.3. MARKET SEGMENTATION
    1.3.1 Smart Factory Market - By Product Type
    1.3.2 Smart Factory Market - By Technology
    1.3.3 Smart Factory Market - By Industry Vertical
    1.3.4 Smart Factory Market - By Region
    1.3.4.1 By Country

    2. KEY TAKEAWAYS

    3. RESEARCH METHODOLOGY

    4. SMART FACTORY MARKET LANDSCAPE
    4.1. OVERVIEW
    4.2. PORTER'S FIVE FORCES ANALYSIS
    4.2.1 Bargaining Power of Buyers
    4.2.1 Bargaining Power of Suppliers
    4.2.1 Threat of Substitute
    4.2.1 Threat of New Entrants
    4.2.1 Competitive Rivalry
    4.3. ECOSYSTEM ANALYSIS
    4.4. EXPERT OPINIONS

    5. SMART FACTORY MARKET - KEY MARKET DYNAMICS
    5.1. KEY MARKET DRIVERS
    5.2. KEY MARKET RESTRAINTS
    5.3. KEY MARKET OPPORTUNITIES
    5.4. FUTURE TRENDS
    5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

    6. SMART FACTORY MARKET - GLOBAL MARKET ANALYSIS
    6.1. SMART FACTORY - GLOBAL MARKET OVERVIEW
    6.2. SMART FACTORY - GLOBAL MARKET AND FORECAST TO 2028
    6.3. MARKET POSITIONING/MARKET SHARE

    7. SMART FACTORY MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
    7.1. OVERVIEW
    7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
    7.3. MACHINE VISION SYSTEMS
    7.3.1. Overview
    7.3.2. Machine Vision Systems Market Forecast and Analysis
    7.4. INDUSTRIAL ROBOTS
    7.4.1. Overview
    7.4.2. Industrial Robots Market Forecast and Analysis
    7.5. CONTROL DEVICES
    7.5.1. Overview
    7.5.2. Control Devices Market Forecast and Analysis
    7.6. SENSORS
    7.6.1. Overview
    7.6.2. Sensors Market Forecast and Analysis
    7.7. OTHERS
    7.7.1. Overview
    7.7.2. Others Market Forecast and Analysis
    8. SMART FACTORY MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
    8.1. OVERVIEW
    8.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
    8.3. ENTERPRISE RESOURCE PLANNING
    8.3.1. Overview
    8.3.2. Enterprise Resource Planning Market Forecast and Analysis
    8.4. PRODUCT LIFECYCLE MANAGEMENT
    8.4.1. Overview
    8.4.2. Product Lifecycle Management Market Forecast and Analysis
    8.5. HUMAN MACHINE INTERFACE
    8.5.1. Overview
    8.5.2. Human Machine Interface Market Forecast and Analysis
    9. SMART FACTORY MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
    9.1. OVERVIEW
    9.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
    9.3. AUTOMOTIVE
    9.3.1. Overview
    9.3.2. Automotive Market Forecast and Analysis
    9.4. SEMICONDUCTORS
    9.4.1. Overview
    9.4.2. Semiconductors Market Forecast and Analysis
    9.5. OIL AND GAS
    9.5.1. Overview
    9.5.2. Oil and Gas Market Forecast and Analysis
    9.6. OTHERS
    9.6.1. Overview
    9.6.2. Others Market Forecast and Analysis

    10. SMART FACTORY MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
    10.1. NORTH AMERICA
    10.1.1 North America Smart Factory Market Overview
    10.1.2 North America Smart Factory Market Forecasts and Analysis
    10.1.3 North America Smart Factory Market Forecasts and Analysis - By Product Type
    10.1.4 North America Smart Factory Market Forecasts and Analysis - By Technology
    10.1.5 North America Smart Factory Market Forecasts and Analysis - By Industry Vertical
    10.1.6 North America Smart Factory Market Forecasts and Analysis - By Countries
    10.1.6.1 United States Smart Factory Market
    10.1.6.1.1 United States Smart Factory Market by Product Type
    10.1.6.1.2 United States Smart Factory Market by Technology
    10.1.6.1.3 United States Smart Factory Market by Industry Vertical
    10.1.6.2 Canada Smart Factory Market
    10.1.6.2.1 Canada Smart Factory Market by Product Type
    10.1.6.2.2 Canada Smart Factory Market by Technology
    10.1.6.2.3 Canada Smart Factory Market by Industry Vertical
    10.1.6.3 Mexico Smart Factory Market
    10.1.6.3.1 Mexico Smart Factory Market by Product Type
    10.1.6.3.2 Mexico Smart Factory Market by Technology
    10.1.6.3.3 Mexico Smart Factory Market by Industry Vertical
    10.2. EUROPE
    10.2.1 Europe Smart Factory Market Overview
    10.2.2 Europe Smart Factory Market Forecasts and Analysis
    10.2.3 Europe Smart Factory Market Forecasts and Analysis - By Product Type
    10.2.4 Europe Smart Factory Market Forecasts and Analysis - By Technology
    10.2.5 Europe Smart Factory Market Forecasts and Analysis - By Industry Vertical
    10.2.6 Europe Smart Factory Market Forecasts and Analysis - By Countries
    10.2.6.1 Germany Smart Factory Market
    10.2.6.1.1 Germany Smart Factory Market by Product Type
    10.2.6.1.2 Germany Smart Factory Market by Technology
    10.2.6.1.3 Germany Smart Factory Market by Industry Vertical
    10.2.6.2 France Smart Factory Market
    10.2.6.2.1 France Smart Factory Market by Product Type
    10.2.6.2.2 France Smart Factory Market by Technology
    10.2.6.2.3 France Smart Factory Market by Industry Vertical
    10.2.6.3 Italy Smart Factory Market
    10.2.6.3.1 Italy Smart Factory Market by Product Type
    10.2.6.3.2 Italy Smart Factory Market by Technology
    10.2.6.3.3 Italy Smart Factory Market by Industry Vertical
    10.2.6.4 United Kingdom Smart Factory Market
    10.2.6.4.1 United Kingdom Smart Factory Market by Product Type
    10.2.6.4.2 United Kingdom Smart Factory Market by Technology
    10.2.6.4.3 United Kingdom Smart Factory Market by Industry Vertical
    10.2.6.5 Russia Smart Factory Market
    10.2.6.5.1 Russia Smart Factory Market by Product Type
    10.2.6.5.2 Russia Smart Factory Market by Technology
    10.2.6.5.3 Russia Smart Factory Market by Industry Vertical
    10.2.6.6 Rest of Europe Smart Factory Market
    10.2.6.6.1 Rest of Europe Smart Factory Market by Product Type
    10.2.6.6.2 Rest of Europe Smart Factory Market by Technology
    10.2.6.6.3 Rest of Europe Smart Factory Market by Industry Vertical
    10.3. ASIA-PACIFIC
    10.3.1 Asia-Pacific Smart Factory Market Overview
    10.3.2 Asia-Pacific Smart Factory Market Forecasts and Analysis
    10.3.3 Asia-Pacific Smart Factory Market Forecasts and Analysis - By Product Type
    10.3.4 Asia-Pacific Smart Factory Market Forecasts and Analysis - By Technology
    10.3.5 Asia-Pacific Smart Factory Market Forecasts and Analysis - By Industry Vertical
    10.3.6 Asia-Pacific Smart Factory Market Forecasts and Analysis - By Countries
    10.3.6.1 Australia Smart Factory Market
    10.3.6.1.1 Australia Smart Factory Market by Product Type
    10.3.6.1.2 Australia Smart Factory Market by Technology
    10.3.6.1.3 Australia Smart Factory Market by Industry Vertical
    10.3.6.2 China Smart Factory Market
    10.3.6.2.1 China Smart Factory Market by Product Type
    10.3.6.2.2 China Smart Factory Market by Technology
    10.3.6.2.3 China Smart Factory Market by Industry Vertical
    10.3.6.3 India Smart Factory Market
    10.3.6.3.1 India Smart Factory Market by Product Type
    10.3.6.3.2 India Smart Factory Market by Technology
    10.3.6.3.3 India Smart Factory Market by Industry Vertical
    10.3.6.4 Japan Smart Factory Market
    10.3.6.4.1 Japan Smart Factory Market by Product Type
    10.3.6.4.2 Japan Smart Factory Market by Technology
    10.3.6.4.3 Japan Smart Factory Market by Industry Vertical
    10.3.6.5 South Korea Smart Factory Market
    10.3.6.5.1 South Korea Smart Factory Market by Product Type
    10.3.6.5.2 South Korea Smart Factory Market by Technology
    10.3.6.5.3 South Korea Smart Factory Market by Industry Vertical
    10.3.6.6 Rest of Asia-Pacific Smart Factory Market
    10.3.6.6.1 Rest of Asia-Pacific Smart Factory Market by Product Type
    10.3.6.6.2 Rest of Asia-Pacific Smart Factory Market by Technology
    10.3.6.6.3 Rest of Asia-Pacific Smart Factory Market by Industry Vertical
    10.4. MIDDLE EAST AND AFRICA
    10.4.1 Middle East and Africa Smart Factory Market Overview
    10.4.2 Middle East and Africa Smart Factory Market Forecasts and Analysis
    10.4.3 Middle East and Africa Smart Factory Market Forecasts and Analysis - By Product Type
    10.4.4 Middle East and Africa Smart Factory Market Forecasts and Analysis - By Technology
    10.4.5 Middle East and Africa Smart Factory Market Forecasts and Analysis - By Industry Vertical
    10.4.6 Middle East and Africa Smart Factory Market Forecasts and Analysis - By Countries
    10.4.6.1 South Africa Smart Factory Market
    10.4.6.1.1 South Africa Smart Factory Market by Product Type
    10.4.6.1.2 South Africa Smart Factory Market by Technology
    10.4.6.1.3 South Africa Smart Factory Market by Industry Vertical
    10.4.6.2 Saudi Arabia Smart Factory Market
    10.4.6.2.1 Saudi Arabia Smart Factory Market by Product Type
    10.4.6.2.2 Saudi Arabia Smart Factory Market by Technology
    10.4.6.2.3 Saudi Arabia Smart Factory Market by Industry Vertical
    10.4.6.3 U.A.E Smart Factory Market
    10.4.6.3.1 U.A.E Smart Factory Market by Product Type
    10.4.6.3.2 U.A.E Smart Factory Market by Technology
    10.4.6.3.3 U.A.E Smart Factory Market by Industry Vertical
    10.4.6.4 Rest of Middle East and Africa Smart Factory Market
    10.4.6.4.1 Rest of Middle East and Africa Smart Factory Market by Product Type
    10.4.6.4.2 Rest of Middle East and Africa Smart Factory Market by Technology
    10.4.6.4.3 Rest of Middle East and Africa Smart Factory Market by Industry Vertical
    10.5. SOUTH AND CENTRAL AMERICA
    10.5.1 South and Central America Smart Factory Market Overview
    10.5.2 South and Central America Smart Factory Market Forecasts and Analysis
    10.5.3 South and Central America Smart Factory Market Forecasts and Analysis - By Product Type
    10.5.4 South and Central America Smart Factory Market Forecasts and Analysis - By Technology
    10.5.5 South and Central America Smart Factory Market Forecasts and Analysis - By Industry Vertical
    10.5.6 South and Central America Smart Factory Market Forecasts and Analysis - By Countries
    10.5.6.1 Brazil Smart Factory Market
    10.5.6.1.1 Brazil Smart Factory Market by Product Type
    10.5.6.1.2 Brazil Smart Factory Market by Technology
    10.5.6.1.3 Brazil Smart Factory Market by Industry Vertical
    10.5.6.2 Argentina Smart Factory Market
    10.5.6.2.1 Argentina Smart Factory Market by Product Type
    10.5.6.2.2 Argentina Smart Factory Market by Technology
    10.5.6.2.3 Argentina Smart Factory Market by Industry Vertical
    10.5.6.3 Rest of South and Central America Smart Factory Market
    10.5.6.3.1 Rest of South and Central America Smart Factory Market by Product Type
    10.5.6.3.2 Rest of South and Central America Smart Factory Market by Technology
    10.5.6.3.3 Rest of South and Central America Smart Factory Market by Industry Vertical

    11. INDUSTRY LANDSCAPE
    11.1. MERGERS AND ACQUISITIONS
    11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
    11.3. NEW PRODUCT LAUNCHES
    11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

    12. SMART FACTORY MARKET, KEY COMPANY PROFILES
    12.1. ABB LTD
    12.1.1. Key Facts
    12.1.2. Business Description
    12.1.3. Products and Services
    12.1.4. Financial Overview
    12.1.5. SWOT Analysis
    12.1.6. Key Developments
    12.2. ENDRESS+HAUSER AG
    12.2.1. Key Facts
    12.2.2. Business Description
    12.2.3. Products and Services
    12.2.4. Financial Overview
    12.2.5. SWOT Analysis
    12.2.6. Key Developments
    12.3. EMERSON ELECTRIC CO.
    12.3.1. Key Facts
    12.3.2. Business Description
    12.3.3. Products and Services
    12.3.4. Financial Overview
    12.3.5. SWOT Analysis
    12.3.6. Key Developments
    12.4. ROCKWELL AUTOMATION, INC
    12.4.1. Key Facts
    12.4.2. Business Description
    12.4.3. Products and Services
    12.4.4. Financial Overview
    12.4.5. SWOT Analysis
    12.4.6. Key Developments
    12.5. GENERAL ELECTRIC
    12.5.1. Key Facts
    12.5.2. Business Description
    12.5.3. Products and Services
    12.5.4. Financial Overview
    12.5.5. SWOT Analysis
    12.5.6. Key Developments
    12.6. HONEYWELL INTERNATIONAL INC.
    12.6.1. Key Facts
    12.6.2. Business Description
    12.6.3. Products and Services
    12.6.4. Financial Overview
    12.6.5. SWOT Analysis
    12.6.6. Key Developments
    12.7. OMRON CORPORATION
    12.7.1. Key Facts
    12.7.2. Business Description
    12.7.3. Products and Services
    12.7.4. Financial Overview
    12.7.5. SWOT Analysis
    12.7.6. Key Developments
    12.8. SCHNEIDER ELECTRIC
    12.8.1. Key Facts
    12.8.2. Business Description
    12.8.3. Products and Services
    12.8.4. Financial Overview
    12.8.5. SWOT Analysis
    12.8.6. Key Developments
    12.9. SIEMENS AG
    12.9.1. Key Facts
    12.9.2. Business Description
    12.9.3. Products and Services
    12.9.4. Financial Overview
    12.9.5. SWOT Analysis
    12.9.6. Key Developments
    12.10. YOKOGAWA ELECTRIC CORPORATION
    12.10.1. Key Facts
    12.10.2. Business Description
    12.10.3. Products and Services
    12.10.4. Financial Overview
    12.10.5. SWOT Analysis
    12.10.6. Key Developments

    13. APPENDIX
    13.1. ABOUT THE INSIGHT PARTNERS
    13.2. GLOSSARY OF TERMS
    The List of Companies

    1. ABB Ltd
    2. Endress+Hauser AG
    3. Emerson Electric Co.
    4. Rockwell Automation, Inc
    5. General Electric
    6. Honeywell International Inc.
    7. Omron Corporation
    8. Schneider Electric
    9. Siemens AG
    10. Yokogawa Electric Corporation
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