Smart Factory Market May Set a New Epic Growth Story | FANUC, Stratasys, Atos
Research Reports
Aug 06, 2021
Latest business intelligence report released on Global Smart Factory Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Smart Factory market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
Siemens AG (Germany), ABB Ltd. (Switzerland), Honeywell International, Inc. (United States), Yokogawa Electric Corp. (Japan), General Electric (United States), Emerson Electric (United States), Schnieder Electric (France), Atos SE (France), Rockwell Automation Inc. (United States), FANUC (Japan), Stratasys Ltd. (United States)
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Brief Overview on Smart Factory:
The smart factory is a flexible system that can self-optimize performance across a broader network, self-adapt to and learn from new conditions in real or near-real time, and independently run entire production processes. Smart factories can work within the four walls of the factory also can be connected to a global network of similar production systems, and even to the digital supply network more broadly. It have the ability to evolve and grow along with the changing needs of the organization. It enables the organization to avoid operational downtime and other productivity challenges.
Key Market Trends:
Rapidly Evolving Technological Capabilities
Adoption of Internet-based Technologies by Several Industry Verticals
Opportunities:
Increasing Investments in Smart Factory to Mitigate the Risk
Companies are adopting Data-Driven Technologies for Decision Making
Market Growth Drivers:
Increasing use of Enabling Technologies in Manufacturing
Increasing Demand of Automobile
Growing Demand for Industrial Robots
Challenges:
Unavailability of skilled personnel to operate and maintain the automated assets
Segmentation of the Global Smart Factory Market:
by Application (Manufacturing Operations, Warehouse Operations, Inventory Tracking, Quality Control, Maintenance), Components (Hardware, Software, Services), Technology (Manufacturing Execution System (MES), Industrial Control System, Product Life Cycle Management (PLM), Enterprise Resource Planning (ERP), Data Acquisition System, Supervisory Control, Industrial Logistics, Others), End-Users (Automotive Industry, Food and Beverages, Aerospace and Defense, Oil and Gas, Others (Chemical, Electronics, Electrical))
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Smart Factory Market Study
Chapter 1: Exclusive Summary of the Smart Factory market
Chapter 2: Objective of Study and Research Scope the Smart Factory market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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