The global smart factory solutions market is expected to grow at a CAGR of 12.5% during the forecast period, from 2021 to 2030. The growth of this market is driven by the increasing demand for automation in manufacturing processes and the need for real-time data analytics in order to improve operational efficiency. The process manufacturing segment is expected to account for the largest share of this market during the forecast period, followed by discrete manufacturing and application segments. The automotive and transportation segment is expected to account for the largest share of this market during the forecast period, followed by food and beverage, electrical and electronics, chemical and material, oil and gas segments respectively. North America accounted for a major share of this market in 2018 owing to its high adoption rate of smart factory solutions across various industries such as automotive & transportation industry which has been driving demand for these solutions over recent years.
Some Of The Growth Factors Of This Market:
- The growth of the Smart Factory Solutions market is driven by the increasing demand for automation in manufacturing processes, which will lead to increased production efficiency and reduced costs.
- Increasing investments in research and development activities by major players in the industry will also drive the growth of this market.
- The increasing adoption of IoT technologies across industries will also fuel the growth of this market.
- Increasing demand for smart factory solutions from emerging economies such as China, India, Brazil, and Mexico will also drive this market.
Industry Growth Insights published a new data on “Smart Factory Solutions Market”. The research report is titled “Smart Factory Solutions Market research by Types (Process Manufacturing, Discrete Manufacturing, Others), By Applications (Automobile and Transportation, Food and Beverage, Electrical and Electronics, Chemical and Material, Oil and Gas, Others), By Players/Companies Siemens, ABB, Honeywell International, Yokogawa Electric, General Electric, Emerson Electric, Schnieder Electric, Atos, Rockwell Automation, Robert Bosch”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Factory Solutions Market Research Report
By Type
Process Manufacturing, Discrete Manufacturing, Others
By Application
Automobile and Transportation, Food and Beverage, Electrical and Electronics, Chemical and Material, Oil and Gas, Others
By Companies
Siemens, ABB, Honeywell International, Yokogawa Electric, General Electric, Emerson Electric, Schnieder Electric, Atos, Rockwell Automation, Robert Bosch
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Smart Factory Solutions Market Report Segments:
The global Smart Factory Solutions market is segmented on the basis of:
Types
Process Manufacturing, Discrete Manufacturing, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automobile and Transportation, Food and Beverage, Electrical and Electronics, Chemical and Material, Oil and Gas, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens
- ABB
- Honeywell International
- Yokogawa Electric
- General Electric
- Emerson Electric
- Schnieder Electric
- Atos
- Rockwell Automation
- Robert Bosch
Highlights of The Smart Factory Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Process Manufacturing
- Discrete Manufacturing
- Others
- By Application:
- Automobile and Transportation
- Food and Beverage
- Electrical and Electronics
- Chemical and Material
- Oil and Gas
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Factory Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Factory Solutions is a global provider of industrial automation and process control solutions. The company's products include machine learning, artificial intelligence, and predictive analytics tools that help manufacturers automate their operations and improve efficiency.
Some of the major companies in the smart factory solutions market are Siemens, ABB, Honeywell International, Yokogawa Electric, General Electric, Emerson Electric, Schnieder Electric, Atos, Rockwell Automation, Robert Bosch.
The smart factory solutions market is expected to register a CAGR of 12.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Factory Solutions Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Factory Solutions Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Factory Solutions Market - Supply Chain
4.5. Global Smart Factory Solutions Market Forecast
4.5.1. Smart Factory Solutions Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Factory Solutions Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Factory Solutions Market Absolute $ Opportunity
5. Global Smart Factory Solutions Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Factory Solutions Market Size and Volume Forecast by Type
5.3.1. Process Manufacturing
5.3.2. Discrete Manufacturing
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Factory Solutions Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Factory Solutions Market Size and Volume Forecast by Application
6.3.1. Automobile and Transportation
6.3.2. Food and Beverage
6.3.3. Electrical and Electronics
6.3.4. Chemical and Material
6.3.5. Oil and Gas
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Factory Solutions Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Factory Solutions Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Factory Solutions Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Factory Solutions Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Factory Solutions Demand Share Forecast, 2019-2029
9. North America Smart Factory Solutions Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Factory Solutions Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Factory Solutions Market Size and Volume Forecast by Application
9.4.1. Automobile and Transportation
9.4.2. Food and Beverage
9.4.3. Electrical and Electronics
9.4.4. Chemical and Material
9.4.5. Oil and Gas
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Factory Solutions Market Size and Volume Forecast by Type
9.7.1. Process Manufacturing
9.7.2. Discrete Manufacturing
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Factory Solutions Demand Share Forecast, 2019-2029
10. Latin America Smart Factory Solutions Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Factory Solutions Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Factory Solutions Market Size and Volume Forecast by Application
10.4.1. Automobile and Transportation
10.4.2. Food and Beverage
10.4.3. Electrical and Electronics
10.4.4. Chemical and Material
10.4.5. Oil and Gas
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Factory Solutions Market Size and Volume Forecast by Type
10.7.1. Process Manufacturing
10.7.2. Discrete Manufacturing
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Factory Solutions Demand Share Forecast, 2019-2029
11. Europe Smart Factory Solutions Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Factory Solutions Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Factory Solutions Market Size and Volume Forecast by Application
11.4.1. Automobile and Transportation
11.4.2. Food and Beverage
11.4.3. Electrical and Electronics
11.4.4. Chemical and Material
11.4.5. Oil and Gas
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Factory Solutions Market Size and Volume Forecast by Type
11.7.1. Process Manufaturing
11.7.2. Discrete Manufacturing
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Factory Solutions Demand Share, 2019-2029
12. Asia Pacific Smart Factory Solutions Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Factory Solutions Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Factory Solutions Market Size and Volume Forecast by Application
12.4.1. Automobile and Transportation
12.4.2. Food and Beverage
12.4.3. Electrical and Electronics
12.4.4. Chemical and Material
12.4.5. Oil and Gas
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Factory Solutions Market Size and Volume Forecast by Type
12.7.1. Process Manufacturing
12.7.2. Discrete Manufacturing
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Factory Solutions Demand Share, 2019-2029
13. Middle East & Africa Smart Factory Solutions Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Factory Solutions Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Factory Solutions Market Size and Volume Forecast by Application
13.4.1. Automobile and Transportation
13.4.2. Food and Beverage
13.4.3. Electrical and Electronics
13.4.4. Chemical and Material
13.4.5. Oil and Gas
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Factory Solutions Market Size and Volume Forecast by Type
13.7.1. Process Manufacturing
13.7.2. Discrete Manufacturing
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Factory Solutions Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Smart Factory Solutions Market: Market Share Analysis
14.2. Smart Factory Solutions Distributors and Customers
14.3. Smart Factory Solutions Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Siemens
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeywell International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yokogawa Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. General Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Emerson Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schnieder Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Atos
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rockwell Automation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Robert Bosch
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook