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Global Smart Factory Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 105 pages | ID: GF6541738312EN
APO Research

US$ 3,450.00

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Smart Factory is the advanced factory that has cyber-physical systems where materials can be moved efficiently across the factory floor. This advanced system has integrated computing codes that provides automation solution.

Within the modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real time, and via the Internet of Services, both internal and cross-organizational services are offered and used by participants of the value chain.

According to APO Research, The global Smart Factory market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Smart Factory key players include Siemens AG, ABB Ltd., Yokogawa Electric Corp., General Electric Company, Honeywell International, Inc., etc. Global top five manufacturers hold a share nearly 25%.

North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.

In terms of product, Process Manufacturing is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Oil and Gas, followed by Automobile and transportation, Chemical and material, Food and beverage, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Smart Factory, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Factory.

The Smart Factory market size, estimations, and forecasts are provided in terms of sales volume (Unit System) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Factory market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Siemens AG
  • ABB Ltd.
  • Honeywell International, Inc.
  • Yokogawa Electric Corp.
  • General Electric Company
  • Emerson Electric Company
  • Schnieder Electric
  • Atos SE
  • Rockwell Automation Inc.
  • Robert Bosch GmbH
Smart Factory segment by Type
  • Process Manufacturing
  • Discrete Manufacturing
  • Others
Smart Factory segment by Application
  • Automobile and transportation
  • Food and beverage
  • Electrical and electronics
  • Chemical and material
  • Oil and Gas
  • Others
Smart Factory Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Smart Factory market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Smart Factory and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Smart Factory.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Smart Factory manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Smart Factory in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Smart Factory Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Smart Factory Sales Estimates and Forecasts (2019-2030)
1.3 Smart Factory Market by Type
  1.3.1 Process Manufacturing
  1.3.2 Discrete Manufacturing
  1.3.3 Others
1.4 Global Smart Factory Market Size by Type
  1.4.1 Global Smart Factory Market Size Overview by Type (2019-2030)
  1.4.2 Global Smart Factory Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Smart Factory Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Smart Factory Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Smart Factory Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Smart Factory Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Smart Factory Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Smart Factory Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Smart Factory Industry Trends
2.2 Smart Factory Industry Drivers
2.3 Smart Factory Industry Opportunities and Challenges
2.4 Smart Factory Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Smart Factory Revenue (2019-2024)
3.2 Global Top Players by Smart Factory Sales (2019-2024)
3.3 Global Top Players by Smart Factory Price (2019-2024)
3.4 Global Smart Factory Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Smart Factory Key Company Manufacturing Sites & Headquarters
3.6 Global Smart Factory Company, Product Type & Application
3.7 Global Smart Factory Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Smart Factory Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Smart Factory Players Market Share by Revenue in 2023
  3.8.3 2023 Smart Factory Tier 1, Tier 2, and Tier

4 SMART FACTORY REGIONAL STATUS AND OUTLOOK

4.1 Global Smart Factory Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Smart Factory Historic Market Size by Region
  4.2.1 Global Smart Factory Sales in Volume by Region (2019-2024)
  4.2.2 Global Smart Factory Sales in Value by Region (2019-2024)
  4.2.3 Global Smart Factory Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Smart Factory Forecasted Market Size by Region
  4.3.1 Global Smart Factory Sales in Volume by Region (2025-2030)
  4.3.2 Global Smart Factory Sales in Value by Region (2025-2030)
  4.3.3 Global Smart Factory Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 SMART FACTORY BY APPLICATION

5.1 Smart Factory Market by Application
  5.1.1 Automobile and transportation
  5.1.2 Food and beverage
  5.1.3 Electrical and electronics
  5.1.4 Chemical and material
  5.1.5 Oil and Gas
  5.1.6 Others
5.2 Global Smart Factory Market Size by Application
  5.2.1 Global Smart Factory Market Size Overview by Application (2019-2030)
  5.2.2 Global Smart Factory Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Smart Factory Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Smart Factory Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Smart Factory Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Smart Factory Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Smart Factory Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Smart Factory Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Siemens AG
  6.1.1 Siemens AG Comapny Information
  6.1.2 Siemens AG Business Overview
  6.1.3 Siemens AG Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Siemens AG Smart Factory Product Portfolio
  6.1.5 Siemens AG Recent Developments
6.2 ABB Ltd.
  6.2.1 ABB Ltd. Comapny Information
  6.2.2 ABB Ltd. Business Overview
  6.2.3 ABB Ltd. Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 ABB Ltd. Smart Factory Product Portfolio
  6.2.5 ABB Ltd. Recent Developments
6.3 Honeywell International, Inc.
  6.3.1 Honeywell International, Inc. Comapny Information
  6.3.2 Honeywell International, Inc. Business Overview
  6.3.3 Honeywell International, Inc. Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Honeywell International, Inc. Smart Factory Product Portfolio
  6.3.5 Honeywell International, Inc. Recent Developments
6.4 Yokogawa Electric Corp.
  6.4.1 Yokogawa Electric Corp. Comapny Information
  6.4.2 Yokogawa Electric Corp. Business Overview
  6.4.3 Yokogawa Electric Corp. Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 Yokogawa Electric Corp. Smart Factory Product Portfolio
  6.4.5 Yokogawa Electric Corp. Recent Developments
6.5 General Electric Company
  6.5.1 General Electric Company Comapny Information
  6.5.2 General Electric Company Business Overview
  6.5.3 General Electric Company Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 General Electric Company Smart Factory Product Portfolio
  6.5.5 General Electric Company Recent Developments
6.6 Emerson Electric Company
  6.6.1 Emerson Electric Company Comapny Information
  6.6.2 Emerson Electric Company Business Overview
  6.6.3 Emerson Electric Company Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Emerson Electric Company Smart Factory Product Portfolio
  6.6.5 Emerson Electric Company Recent Developments
6.7 Schnieder Electric
  6.7.1 Schnieder Electric Comapny Information
  6.7.2 Schnieder Electric Business Overview
  6.7.3 Schnieder Electric Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Schnieder Electric Smart Factory Product Portfolio
  6.7.5 Schnieder Electric Recent Developments
6.8 Atos SE
  6.8.1 Atos SE Comapny Information
  6.8.2 Atos SE Business Overview
  6.8.3 Atos SE Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Atos SE Smart Factory Product Portfolio
  6.8.5 Atos SE Recent Developments
6.9 Rockwell Automation Inc.
  6.9.1 Rockwell Automation Inc. Comapny Information
  6.9.2 Rockwell Automation Inc. Business Overview
  6.9.3 Rockwell Automation Inc. Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 Rockwell Automation Inc. Smart Factory Product Portfolio
  6.9.5 Rockwell Automation Inc. Recent Developments
6.10 Robert Bosch GmbH
  6.10.1 Robert Bosch GmbH Comapny Information
  6.10.2 Robert Bosch GmbH Business Overview
  6.10.3 Robert Bosch GmbH Smart Factory Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 Robert Bosch GmbH Smart Factory Product Portfolio
  6.10.5 Robert Bosch GmbH Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Smart Factory Sales by Country
  7.1.1 North America Smart Factory Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Smart Factory Sales by Country (2019-2024)
  7.1.3 North America Smart Factory Sales Forecast by Country (2025-2030)
7.2 North America Smart Factory Market Size by Country
  7.2.1 North America Smart Factory Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Smart Factory Market Size by Country (2019-2024)
  7.2.3 North America Smart Factory Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Smart Factory Sales by Country
  8.1.1 Europe Smart Factory Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Smart Factory Sales by Country (2019-2024)
  8.1.3 Europe Smart Factory Sales Forecast by Country (2025-2030)
8.2 Europe Smart Factory Market Size by Country
  8.2.1 Europe Smart Factory Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Smart Factory Market Size by Country (2019-2024)
  8.2.3 Europe Smart Factory Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Smart Factory Sales by Country
  9.1.1 Asia-Pacific Smart Factory Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Smart Factory Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Smart Factory Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Smart Factory Market Size by Country
  9.2.1 Asia-Pacific Smart Factory Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Smart Factory Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Smart Factory Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Smart Factory Sales by Country
  10.1.1 Latin America Smart Factory Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Smart Factory Sales by Country (2019-2024)
  10.1.3 Latin America Smart Factory Sales Forecast by Country (2025-2030)
10.2 Latin America Smart Factory Market Size by Country
  10.2.1 Latin America Smart Factory Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Smart Factory Market Size by Country (2019-2024)
  10.2.3 Latin America Smart Factory Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Smart Factory Sales by Country
  11.1.1 Middle East and Africa Smart Factory Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Smart Factory Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Smart Factory Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Smart Factory Market Size by Country
  11.2.1 Middle East and Africa Smart Factory Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Smart Factory Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Smart Factory Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Smart Factory Value Chain Analysis
  12.1.1 Smart Factory Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Smart Factory Production Mode & Process
12.2 Smart Factory Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Smart Factory Distributors
  12.2.3 Smart Factory Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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