Smart Factory - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Smart Factory Market is accounted for $140 billion in 2017 and is expected to reach $378 billion by 2026 growing at a CAGR of 11.7% during the forecast period. Increasing Demand for Industrial Robots, rising Emphasis on Real-Time Data Analysis, Enhanced Visibility & Predictive Maintenance and the advancement of the Internet of Things (IoT) are some of the factors impelling the market growth. However, the risk associated with security of cyber-physical system and requirement of a significant amount of capital investments is curbing the market.
The smart factory is a paradigm shift from traditional automation to a fully allied and flexible system that enables organizations to digitally plan and project the entire lifecycle of products and production facilities. A smart factory can integrate data from system-wide physical, operational and human assets to drive manufacturing, maintenance, and inventory tracking.
On the basis of product, Industrial Robots segment holds the major growth during the forecast period due to implementing industrial robotics in smart manufacturing processes can improve productivity, reduce human errors and enhance production volume.
By geography, North America holds the largest market share during the forecast period due to advancements in next-generation technologies in the U.S. & Canada, rising R&D in the field of Internet of Things (IoT) for new & enhanced technologies and growing demand for a better lifestyle.
Some of the key players profiled in the Smart Factor Market include Siemens AG, ABB, Schneider Electric, Honeywell International Inc, Atos SE, Cognex Corporation, Emerson Electric Company, Oracle Corporation, Cisco Systems, Inc., FANUC, Yokogawa Electric, General Electric, Omron, IBM, and Wipro Limited.
Products Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
The smart factory is a paradigm shift from traditional automation to a fully allied and flexible system that enables organizations to digitally plan and project the entire lifecycle of products and production facilities. A smart factory can integrate data from system-wide physical, operational and human assets to drive manufacturing, maintenance, and inventory tracking.
On the basis of product, Industrial Robots segment holds the major growth during the forecast period due to implementing industrial robotics in smart manufacturing processes can improve productivity, reduce human errors and enhance production volume.
By geography, North America holds the largest market share during the forecast period due to advancements in next-generation technologies in the U.S. & Canada, rising R&D in the field of Internet of Things (IoT) for new & enhanced technologies and growing demand for a better lifestyle.
Some of the key players profiled in the Smart Factor Market include Siemens AG, ABB, Schneider Electric, Honeywell International Inc, Atos SE, Cognex Corporation, Emerson Electric Company, Oracle Corporation, Cisco Systems, Inc., FANUC, Yokogawa Electric, General Electric, Omron, IBM, and Wipro Limited.
Products Covered:
- Industrial 3D Printing
- Sensors
- Machine Vision
- Industrial Robots
- Communication Technologies
- Control Devices
- Human–Machine Interface (HMI)
- Programmable Logic Controller (PLC)
- Enterprise Resource Planning (ERP)
- Product Life Cycle Management (PLM)
- Plant Asset Management (PAM)
- Distributed Control System (DCS)
- Supervisory Control and Data Acquisition (SCADA)
- Manufacturing Execution System (MES)
- Aerospace & Defense
- Oil & Gas
- Automotive
- Metals and Mining
- Food & Beverage
- Chemical & Petrochemical
- Semiconductors and Electronics
- Pharmaceutical
- Other End Users
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
- Competitive Benchmarking
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART FACTORY MARKET, BY PRODUCT
5.1 Introduction
5.2 Industrial 3D Printing
5.3 Sensors
5.4 Machine Vision
5.4.1 Frame Grabbers, Optics, and Led Lighting
5.4.2 Integration Services
5.4.3 Processor and Software
5.4.4 Camera
5.4.4.1 Smart Camera
5.4.4.2 Digital Camera
5.4.5 Enclosures
5.5 Industrial Robots
5.5.1 Collaborative Robots
5.5.2 Traditional Industrial Robots
5.5.2.1 Cylindrical Robots
5.5.2.2 Cartesian Robots
5.5.2.3 Articulated Robots
5.5.2.4 Parallel Robots
5.5.2.5 Selective Compliance Assembly Robot ARM (SCARA)
5.5.2.6 Other Robots
5.6 Communication Technologies
5.6.1 Wireless
5.6.2 Wired
5.7 Control Devices
5.7.1 Servo Motors and Drives
5.7.2 Relays and Switches
6 GLOBAL SMART FACTORY MARKET, BY TECHNOLOGY
6.1 Introduction
6.2 Human–Machine Interface (HMI)
6.3 Programmable Logic Controller (PLC)
6.4 Enterprise Resource Planning (ERP)
6.5 Product Life Cycle Management (PLM)
6.6 Plant Asset Management (PAM)
6.6 Distributed Control System (DCS)
6.8 Supervisory Control and Data Acquisition (SCADA)
6.9 Manufacturing Execution System (MES)
7 GLOBAL SMART FACTORY MARKET, BY END USER
7.1 Introduction
7.2 Aerospace & Defense
7.3 Oil & Gas
7.4 Automotive
7.5 Metals and Mining
7.6 Food & Beverage
7.7 Chemical & Petrochemical
7.7 Semiconductors and Electronics
7.9 Pharmaceutical
7.10 Other End Users
8 GLOBAL SMART FACTORY MARKET, BY GEOGRAPHY
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 KEY DEVELOPMENTS
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 COMPANY PROFILING
10.1 Siemens AG
10.2 ABB
10.3 Schneider Electric
10.4 Honeywell International Inc
10.5 Atos SE
10.6 Cognex Corporation
10.7 Emerson Electric Company
10.8 Oracle Corporation
10.9 Cisco Systems, Inc.
10.10 FANUC
10.1 Yokogawa Electric
10.12 General Electric
10.13 Omron
10.14 IBM
10.15 Wipro Limited
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART FACTORY MARKET, BY PRODUCT
5.1 Introduction
5.2 Industrial 3D Printing
5.3 Sensors
5.4 Machine Vision
5.4.1 Frame Grabbers, Optics, and Led Lighting
5.4.2 Integration Services
5.4.3 Processor and Software
5.4.4 Camera
5.4.4.1 Smart Camera
5.4.4.2 Digital Camera
5.4.5 Enclosures
5.5 Industrial Robots
5.5.1 Collaborative Robots
5.5.2 Traditional Industrial Robots
5.5.2.1 Cylindrical Robots
5.5.2.2 Cartesian Robots
5.5.2.3 Articulated Robots
5.5.2.4 Parallel Robots
5.5.2.5 Selective Compliance Assembly Robot ARM (SCARA)
5.5.2.6 Other Robots
5.6 Communication Technologies
5.6.1 Wireless
5.6.2 Wired
5.7 Control Devices
5.7.1 Servo Motors and Drives
5.7.2 Relays and Switches
6 GLOBAL SMART FACTORY MARKET, BY TECHNOLOGY
6.1 Introduction
6.2 Human–Machine Interface (HMI)
6.3 Programmable Logic Controller (PLC)
6.4 Enterprise Resource Planning (ERP)
6.5 Product Life Cycle Management (PLM)
6.6 Plant Asset Management (PAM)
6.6 Distributed Control System (DCS)
6.8 Supervisory Control and Data Acquisition (SCADA)
6.9 Manufacturing Execution System (MES)
7 GLOBAL SMART FACTORY MARKET, BY END USER
7.1 Introduction
7.2 Aerospace & Defense
7.3 Oil & Gas
7.4 Automotive
7.5 Metals and Mining
7.6 Food & Beverage
7.7 Chemical & Petrochemical
7.7 Semiconductors and Electronics
7.9 Pharmaceutical
7.10 Other End Users
8 GLOBAL SMART FACTORY MARKET, BY GEOGRAPHY
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 KEY DEVELOPMENTS
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 COMPANY PROFILING
10.1 Siemens AG
10.2 ABB
10.3 Schneider Electric
10.4 Honeywell International Inc
10.5 Atos SE
10.6 Cognex Corporation
10.7 Emerson Electric Company
10.8 Oracle Corporation
10.9 Cisco Systems, Inc.
10.10 FANUC
10.1 Yokogawa Electric
10.12 General Electric
10.13 Omron
10.14 IBM
10.15 Wipro Limited
LIST OF TABLES
1 Global Smart Factory Market Outlook, By Region (2016-2026) ($MN)
2 Global Smart Factory Market Outlook, By Product (2016-2026) ($MN)
3 Global Smart Factory Market Outlook, By Industrial 3D Printing (2016-2026) ($MN)
4 Global Smart Factory Market Outlook, By Sensors (2016-2026) ($MN)
5 Global Smart Factory Market Outlook, By Machine Vision (2016-2026) ($MN)
6 Global Smart Factory Market Outlook, By Frame Grabbers, Optics, and Led Lighting (2016-2026) ($MN)
7 Global Smart Factory Market Outlook, By Integration Services (2016-2026) ($MN)
8 Global Smart Factory Market Outlook, By Processor and Software (2016-2026) ($MN)
9 Global Smart Factory Market Outlook, By Camera (2016-2026) ($MN)
10 Global Smart Factory Market Outlook, By Enclosures (2016-2026) ($MN)
11 Global Smart Factory Market Outlook, By Industrial Robots (2016-2026) ($MN)
12 Global Smart Factory Market Outlook, By Collaborative Robots (2016-2026) ($MN)
13 Global Smart Factory Market Outlook, By Traditional Industrial Robots (2016-2026) ($MN)
14 Global Smart Factory Market Outlook, By Communication Technologies (2016-2026) ($MN)
15 Global Smart Factory Market Outlook, By Wireless (2016-2026) ($MN)
16 Global Smart Factory Market Outlook, By Wired (2016-2026) ($MN)
17 Global Smart Factory Market Outlook, By Control Devices (2016-2026) ($MN)
18 Global Smart Factory Market Outlook, By Servo Motors and Drives (2016-2026) ($MN)
19 Global Smart Factory Market Outlook, By Relays and Switches (2016-2026) ($MN)
20 Global Smart Factory Market Outlook, By Technology (2016-2026) ($MN)
21 Global Smart Factory Market Outlook, By Human–Machine Interface (HMI) (2016-2026) ($MN)
22 Global Smart Factory Market Outlook, By Programmable Logic Controller (PLC) (2016-2026) ($MN)
23 Global Smart Factory Market Outlook, By Enterprise Resource Planning (ERP) (2016-2026) ($MN)
24 Global Smart Factory Market Outlook, By Product Life Cycle Management (PLM) (2016-2026) ($MN)
25 Global Smart Factory Market Outlook, By Plant Asset Management (PAM) (2016-2026) ($MN)
26 Global Smart Factory Market Outlook, By Distributed Control System (DCS) (2016-2026) ($MN)
27 Global Smart Factory Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2016-2026) ($MN)
28 Global Smart Factory Market Outlook, By Manufacturing Execution System (MES) (2016-2026) ($MN)
29 Global Smart Factory Market Outlook, By End User (2016-2026) ($MN)
30 Global Smart Factory Market Outlook, By Aerospace & Defense (2016-2026) ($MN)
31 Global Smart Factory Market Outlook, By Oil & Gas (2016-2026) ($MN)
32 Global Smart Factory Market Outlook, By Automotive (2016-2026) ($MN)
33 Global Smart Factory Market Outlook, By Metals and Mining (2016-2026) ($MN)
34 Global Smart Factory Market Outlook, By Food & Beverage (2016-2026) ($MN)
35 Global Smart Factory Market Outlook, By Chemical & Petrochemical (2016-2026) ($MN)
36 Global Smart Factory Market Outlook, By Semiconductors and Electronics (2016-2026) ($MN)
37 Global Smart Factory Market Outlook, By Pharmaceutical (2016-2026) ($MN)
38 Global Smart Factory Market Outlook, By Other End Users (2016-2026) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
1 Global Smart Factory Market Outlook, By Region (2016-2026) ($MN)
2 Global Smart Factory Market Outlook, By Product (2016-2026) ($MN)
3 Global Smart Factory Market Outlook, By Industrial 3D Printing (2016-2026) ($MN)
4 Global Smart Factory Market Outlook, By Sensors (2016-2026) ($MN)
5 Global Smart Factory Market Outlook, By Machine Vision (2016-2026) ($MN)
6 Global Smart Factory Market Outlook, By Frame Grabbers, Optics, and Led Lighting (2016-2026) ($MN)
7 Global Smart Factory Market Outlook, By Integration Services (2016-2026) ($MN)
8 Global Smart Factory Market Outlook, By Processor and Software (2016-2026) ($MN)
9 Global Smart Factory Market Outlook, By Camera (2016-2026) ($MN)
10 Global Smart Factory Market Outlook, By Enclosures (2016-2026) ($MN)
11 Global Smart Factory Market Outlook, By Industrial Robots (2016-2026) ($MN)
12 Global Smart Factory Market Outlook, By Collaborative Robots (2016-2026) ($MN)
13 Global Smart Factory Market Outlook, By Traditional Industrial Robots (2016-2026) ($MN)
14 Global Smart Factory Market Outlook, By Communication Technologies (2016-2026) ($MN)
15 Global Smart Factory Market Outlook, By Wireless (2016-2026) ($MN)
16 Global Smart Factory Market Outlook, By Wired (2016-2026) ($MN)
17 Global Smart Factory Market Outlook, By Control Devices (2016-2026) ($MN)
18 Global Smart Factory Market Outlook, By Servo Motors and Drives (2016-2026) ($MN)
19 Global Smart Factory Market Outlook, By Relays and Switches (2016-2026) ($MN)
20 Global Smart Factory Market Outlook, By Technology (2016-2026) ($MN)
21 Global Smart Factory Market Outlook, By Human–Machine Interface (HMI) (2016-2026) ($MN)
22 Global Smart Factory Market Outlook, By Programmable Logic Controller (PLC) (2016-2026) ($MN)
23 Global Smart Factory Market Outlook, By Enterprise Resource Planning (ERP) (2016-2026) ($MN)
24 Global Smart Factory Market Outlook, By Product Life Cycle Management (PLM) (2016-2026) ($MN)
25 Global Smart Factory Market Outlook, By Plant Asset Management (PAM) (2016-2026) ($MN)
26 Global Smart Factory Market Outlook, By Distributed Control System (DCS) (2016-2026) ($MN)
27 Global Smart Factory Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2016-2026) ($MN)
28 Global Smart Factory Market Outlook, By Manufacturing Execution System (MES) (2016-2026) ($MN)
29 Global Smart Factory Market Outlook, By End User (2016-2026) ($MN)
30 Global Smart Factory Market Outlook, By Aerospace & Defense (2016-2026) ($MN)
31 Global Smart Factory Market Outlook, By Oil & Gas (2016-2026) ($MN)
32 Global Smart Factory Market Outlook, By Automotive (2016-2026) ($MN)
33 Global Smart Factory Market Outlook, By Metals and Mining (2016-2026) ($MN)
34 Global Smart Factory Market Outlook, By Food & Beverage (2016-2026) ($MN)
35 Global Smart Factory Market Outlook, By Chemical & Petrochemical (2016-2026) ($MN)
36 Global Smart Factory Market Outlook, By Semiconductors and Electronics (2016-2026) ($MN)
37 Global Smart Factory Market Outlook, By Pharmaceutical (2016-2026) ($MN)
38 Global Smart Factory Market Outlook, By Other End Users (2016-2026) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.