Smart Factory Market by Type, Application, Key Players and Regions - Global Industry Analysis & Forecast to 2027
Published On : August 2022 Pages : 159 Category: Electrical Systems & Components Report Code : SE0817403
The global Smart Factory Market Market is valued at USD XX billion in 2021 and is projected to reach USD XX billion by the end of 2027, growing at a CAGR of XX% during the period 2022 to 2027.
The report exhibit detail coverage of Smart Factory Market industry and market trends. The report also analyses present and past market values to forecast potential market through the forecast period between 2017-2022. This research study of Smart Factory Market Market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.
In addition, the report provides insight into main drivers, challenges, opportunities and risk of the market and strategies of suppliers. Key players are profiled as well. Overall, this report covers the historical situation, present status and the future prospects of the global Smart Factory Market Market for 2017-2022.
Crystal Market Research envisions that the span of the Smart Factory Market Market will develop amid the estimated time frame as the Compound Annual Growth Rate boosts significantly. The objective of the market research report is the current status of the market and in accordance classifies it into a few portions. The report takes into consideration the prime market players in every area from over the globe.
Our research study analyses the size of the global market of Smart Factory Market in primary regions such as North America, South America, Middle East & Africa, Asia Pacific and Europe. It also classifies the Smart Factory Market Market by key manufacturers, region, type and application. Furthermore, this study examines in the status of the market, market share, future trends, growth rate, competitive landscape, opportunities, market driving factors and restraints, and challenges.
To stay updated with the latest technology and functions of the industry, Crystal Market Research regularly performs interviews with several industry experts and visits for its expert research analysts. The data sources include but not limited to reports of company’s, international organizations and governments, MMI market surveys, and related industry news.
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2017 to 2027. This report has segmented the Smart Factory Market Market on the basis of fabric, product, application, and region:
By Region
- North America (US, Canada)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Mexico, Columbia, Rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, South Africa, Turkey, Rest of MEA)
Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
- ABB Ltd.
- General Electric
- Endress+Hauser AG
- Siemens AG
- Emerson Electric Co.
- Rockwell Automation, Inc.
- Schneider Electric SE
- and Yokogawa Electric Corp.
- Honeywell International Inc.
- Mitsubishi Electric Corp.
Market Segmentation
· Smart Factory Market, By Component
o Industrial Sensors
o Industrial Sensors
o Machine Vision Systems
o Industrial Robots
· Smart Factory Market By Solution
o Industrial Safety
o MES
o SCADA
o PAM
· Smart Factory Market By Industry
o Process Industries
o Oil & Gas
o Chemicals
o Pharmaceuticals
o Pulp & Paper
o Food & Beverages
o Others
· Smart Factory Market By Discrete Industries
o Semiconductor & Electronics
o Automotive
o Medical Devices
o Aerospace & Defense
o Others
Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Data Mining
1.2.2. Market Modeling and Forecasting
1.2.3. Data Validation
1.2.4. Industry Analysis
2. Market Dashboard
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.2.4. Challenges
4. Smart Factory Market Market, By By Component:
4.1. Introduction
4.2. Smart Factory Market Market and Market Growth Rate By By Component: (2017-2022)
4.3. Industrial Sensors
4.3.1. Global Industrial Sensors Market and Growth Rate (2017-2022)
4.3. Industrial Sensors
4.3.1. Global Industrial Sensors Market and Growth Rate (2017-2022)
4.3. Machine Vision Systems
4.3.1. Global Machine Vision Systems Market and Growth Rate (2017-2022)
4.3. Industrial Robots
4.3.1. Global Industrial Robots Market and Growth Rate (2017-2022)
5. Smart Factory Market Market, By By Solution
5.1. Introduction
5.2. Smart Factory Market Market and Market Growth Rate By By Solution (2017-2022)
5.3. Industrial Safety
5.3.1. Global Industrial Safety Market and Growth Rate (2017-2022)
5.3. MES
5.3.1. Global MES Market and Growth Rate (2017-2022)
5.3. SCADA
5.3.1. Global SCADA Market and Growth Rate (2017-2022)
5.3. PAM
5.3.1. Global PAM Market and Growth Rate (2017-2022)
6. Smart Factory Market Market, By By Industry
6.1. Introduction
6.2. Smart Factory Market Market and Market Growth Rate By By Industry (2017-2022)
6.3. Process Industries
6.3.1. Global Process Industries Market and Growth Rate (2017-2022)
6.3. Oil & Gas
6.3.1. Global Oil & Gas Market and Growth Rate (2017-2022)
6.3. Chemicals
6.3.1. Global Chemicals Market and Growth Rate (2017-2022)
6.3. Pharmaceuticals
6.3.1. Global Pharmaceuticals Market and Growth Rate (2017-2022)
6.3. Pulp & Paper
6.3.1. Global Pulp & Paper Market and Growth Rate (2017-2022)
6.3. Food & Beverages
6.3.1. Global Food & Beverages Market and Growth Rate (2017-2022)
6.3. Others (cement, glass, forging, water & wastewater management, precision engineering, ceramics & stone, and wood industries)
6.3.1. Global Others (cement, glass, forging, water & wastewater management, precision engineering, ceramics & stone, and wood industries) Market and Growth Rate (2017-2022)
7. Smart Factory Market Market, By Discrete Industries
7.1. Introduction
7.2. Smart Factory Market Market and Market Growth Rate By Discrete Industries (2017-2022)
7.3. Semiconductor & Electronics
7.3.1. Global Semiconductor & Electronics Market and Growth Rate (2017-2022)
7.3. Automotive
7.3.1. Global Automotive Market and Growth Rate (2017-2022)
7.3. Medical Devices
7.3.1. Global Medical Devices Market and Growth Rate (2017-2022)
7.3. Aerospace & Defense
7.3.1. Global Aerospace & Defense Market and Growth Rate (2017-2022)
7.3. Others (printing, packaging, consumer goods & consumer electronics, jewelry, solar panel manufacturing, and textile)
7.3.1. Global Others (printing, packaging, consumer goods & consumer electronics, jewelry, solar panel manufacturing, and textile) Market and Growth Rate (2017-2022)
7. Smart Factory Market Market, By Region
7.1. Introduction
7.2. Smart Factory Market Market and Growth Rate By Regions
6.3. North America
7.3.1. North America Smart Factory Market Market and Growth Rate (2017-2022))
7.3.2. North America Smart Factory Market Market By By Component: (2017-2022)
7.3.2. North America Smart Factory Market Market By By Solution (2017-2022)
7.3.2. North America Smart Factory Market Market By By Industry (2017-2022)
7.3.2. North America Smart Factory Market Market By Discrete Industries (2017-2022)
7.3.4. North America Smart Factory Market Market By Country (2017-2022)
7.3.5. United States
7.3.5.1.United States Smart Factory Market Market and Growth Rate (2017-2022)
7.3.5.2.United States Smart Factory Market Market By By Component: (2017-2022)
7.3.5.2.United States Smart Factory Market Market By By Solution (2017-2022)
7.3.5.2.United States Smart Factory Market Market By By Industry (2017-2022)
7.3.5.2.United States Smart Factory Market Market By Discrete Industries (2017-2022)
7.3.5. Canada
7.3.5.1.Canada Smart Factory Market Market and Growth Rate (2017-2022)
7.3.5.2.Canada Smart Factory Market Market By By Component: (2017-2022)
7.3.5.2.Canada Smart Factory Market Market By By Solution (2017-2022)
7.3.5.2.Canada Smart Factory Market Market By By Industry (2017-2022)
7.3.5.2.Canada Smart Factory Market Market By Discrete Industries (2017-2022)
6.3. Europe
8.3.1. Europe Smart Factory Market Market and Growth Rate (2017-2022))
8.3.2. Europe Smart Factory Market Market By By Component: (2017-2022)
8.3.2. Europe Smart Factory Market Market By By Solution (2017-2022)
8.3.2. Europe Smart Factory Market Market By By Industry (2017-2022)
8.3.2. Europe Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.4. Europe Smart Factory Market Market By Country (2017-2022)
8.3.5. Germany
8.3.5.1.Germany Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.Germany Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.Germany Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.Germany Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.Germany Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.5. France
8.3.5.1.France Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.France Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.France Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.France Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.France Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.5. UK
8.3.5.1.UK Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.UK Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.UK Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.UK Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.UK Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.5. Russia
8.3.5.1.Russia Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.Russia Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.Russia Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.Russia Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.Russia Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.5. Italy
8.3.5.1.Italy Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.Italy Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.Italy Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.Italy Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.Italy Smart Factory Market Market By Discrete Industries (2017-2022)
8.3.5. Rest of Europe
8.3.5.1.Rest of Europe Smart Factory Market Market and Growth Rate (2017-2022)
8.3.5.2.Rest of Europe Smart Factory Market Market By By Component: (2017-2022)
8.3.5.2.Rest of Europe Smart Factory Market Market By By Solution (2017-2022)
8.3.5.2.Rest of Europe Smart Factory Market Market By By Industry (2017-2022)
8.3.5.2.Rest of Europe Smart Factory Market Market By Discrete Industries (2017-2022)
6.3. Asia-Pacific
9.3.1. Asia-Pacific Smart Factory Market Market and Growth Rate (2017-2022))
9.3.2. Asia-Pacific Smart Factory Market Market By By Component: (2017-2022)
9.3.2. Asia-Pacific Smart Factory Market Market By By Solution (2017-2022)
9.3.2. Asia-Pacific Smart Factory Market Market By By Industry (2017-2022)
9.3.2. Asia-Pacific Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.4. Asia-Pacific Smart Factory Market Market By Country (2017-2022)
9.3.5. China
9.3.5.1.China Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.China Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.China Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.China Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.China Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.5. Japan
9.3.5.1.Japan Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.Japan Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.Japan Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.Japan Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.Japan Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.5. Korea
9.3.5.1.Korea Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.Korea Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.Korea Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.Korea Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.Korea Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.5. India
9.3.5.1.India Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.India Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.India Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.India Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.India Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.5. Southeast Asia
9.3.5.1.Southeast Asia Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.Southeast Asia Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.Southeast Asia Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.Southeast Asia Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.Southeast Asia Smart Factory Market Market By Discrete Industries (2017-2022)
9.3.5. Rest of Asia-Pacific
9.3.5.1.Rest of Asia-Pacific Smart Factory Market Market and Growth Rate (2017-2022)
9.3.5.2.Rest of Asia-Pacific Smart Factory Market Market By By Component: (2017-2022)
9.3.5.2.Rest of Asia-Pacific Smart Factory Market Market By By Solution (2017-2022)
9.3.5.2.Rest of Asia-Pacific Smart Factory Market Market By By Industry (2017-2022)
9.3.5.2.Rest of Asia-Pacific Smart Factory Market Market By Discrete Industries (2017-2022)
6.3. South America
10.3.1. South America Smart Factory Market Market and Growth Rate (2017-2022))
10.3.2. South America Smart Factory Market Market By By Component: (2017-2022)
10.3.2. South America Smart Factory Market Market By By Solution (2017-2022)
10.3.2. South America Smart Factory Market Market By By Industry (2017-2022)
10.3.2. South America Smart Factory Market Market By Discrete Industries (2017-2022)
10.3.4. South America Smart Factory Market Market By Country (2017-2022)
10.3.5. Brazil
10.3.5.1.Brazil Smart Factory Market Market and Growth Rate (2017-2022)
10.3.5.2.Brazil Smart Factory Market Market By By Component: (2017-2022)
10.3.5.2.Brazil Smart Factory Market Market By By Solution (2017-2022)
10.3.5.2.Brazil Smart Factory Market Market By By Industry (2017-2022)
10.3.5.2.Brazil Smart Factory Market Market By Discrete Industries (2017-2022)
10.3.5. Mexico
10.3.5.1.Mexico Smart Factory Market Market and Growth Rate (2017-2022)
10.3.5.2.Mexico Smart Factory Market Market By By Component: (2017-2022)
10.3.5.2.Mexico Smart Factory Market Market By By Solution (2017-2022)
10.3.5.2.Mexico Smart Factory Market Market By By Industry (2017-2022)
10.3.5.2.Mexico Smart Factory Market Market By Discrete Industries (2017-2022)
10.3.5. Columbia
10.3.5.1.Columbia Smart Factory Market Market and Growth Rate (2017-2022)
10.3.5.2.Columbia Smart Factory Market Market By By Component: (2017-2022)
10.3.5.2.Columbia Smart Factory Market Market By By Solution (2017-2022)
10.3.5.2.Columbia Smart Factory Market Market By By Industry (2017-2022)
10.3.5.2.Columbia Smart Factory Market Market By Discrete Industries (2017-2022)
10.3.5. Rest of South America
10.3.5.1.Rest of South America Smart Factory Market Market and Growth Rate (2017-2022)
10.3.5.2.Rest of South America Smart Factory Market Market By By Component: (2017-2022)
10.3.5.2.Rest of South America Smart Factory Market Market By By Solution (2017-2022)
10.3.5.2.Rest of South America Smart Factory Market Market By By Industry (2017-2022)
10.3.5.2.Rest of South America Smart Factory Market Market By Discrete Industries (2017-2022)
6.3. Middle East and Africa
11.3.1. Middle East and Africa Smart Factory Market Market and Growth Rate (2017-2022))
11.3.2. Middle East and Africa Smart Factory Market Market By By Component: (2017-2022)
11.3.2. Middle East and Africa Smart Factory Market Market By By Solution (2017-2022)
11.3.2. Middle East and Africa Smart Factory Market Market By By Industry (2017-2022)
11.3.2. Middle East and Africa Smart Factory Market Market By Discrete Industries (2017-2022)
11.3.4. Middle East and Africa Smart Factory Market Market By Country (2017-2022)
11.3.5. Saudi Arabia
11.3.5.1.Saudi Arabia Smart Factory Market Market and Growth Rate (2017-2022)
11.3.5.2.Saudi Arabia Smart Factory Market Market By By Component: (2017-2022)
11.3.5.2.Saudi Arabia Smart Factory Market Market By By Solution (2017-2022)
11.3.5.2.Saudi Arabia Smart Factory Market Market By By Industry (2017-2022)
11.3.5.2.Saudi Arabia Smart Factory Market Market By Discrete Industries (2017-2022)
11.3.5. United Arab Emirates
11.3.5.1.United Arab Emirates Smart Factory Market Market and Growth Rate (2017-2022)
11.3.5.2.United Arab Emirates Smart Factory Market Market By By Component: (2017-2022)
11.3.5.2.United Arab Emirates Smart Factory Market Market By By Solution (2017-2022)
11.3.5.2.United Arab Emirates Smart Factory Market Market By By Industry (2017-2022)
11.3.5.2.United Arab Emirates Smart Factory Market Market By Discrete Industries (2017-2022)
11.3.5. South Africa
11.3.5.1.South Africa Smart Factory Market Market and Growth Rate (2017-2022)
11.3.5.2.South Africa Smart Factory Market Market By By Component: (2017-2022)
11.3.5.2.South Africa Smart Factory Market Market By By Solution (2017-2022)
11.3.5.2.South Africa Smart Factory Market Market By By Industry (2017-2022)
11.3.5.2.South Africa Smart Factory Market Market By Discrete Industries (2017-2022)
11.3.5. Rest of Middle East and Africa
11.3.5.1.Rest of Middle East and Africa Smart Factory Market Market and Growth Rate (2017-2022)
11.3.5.2.Rest of Middle East and Africa Smart Factory Market Market By By Component: (2017-2022)
11.3.5.2.Rest of Middle East and Africa Smart Factory Market Market By By Solution (2017-2022)
11.3.5.2.Rest of Middle East and Africa Smart Factory Market Market By By Industry (2017-2022)
11.3.5.2.Rest of Middle East and Africa Smart Factory Market Market By Discrete Industries (2017-2022)
7. Company Profiles
7.1. ABB Ltd. (Switzerland)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. General Electric (US)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Endress+Hauser AG (Switzerland)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Siemens AG (Germany)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Emerson Electric Co. (US)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Rockwell Automation, Inc. (US)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Schneider Electric SE (France)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. and Yokogawa Electric Corp. (Japan)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Honeywell International Inc. (US)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
7.1. Mitsubishi Electric Corp. (Japan)
7.1.1. Business Overview
7.1.1. Service Portfolio
7.1.1. Strategic Developments
7.1.1. Financial Overview
Research Methodology
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
Data Mining
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.
Data Collection Matrix
|
Data Collection Matrix |
Supply Side |
Demand Side |
|
Primary Data Sources |
|
|
|
Secondary Data Sources |
|
|
Market Modeling and Forecasting
We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.
- Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
- Number of patients for particular device or medical procedure and
- Repeated use of particular device depending on health and condition of patient
- Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.
We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.
Data Validation
We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.
Data Triangulation
Industry Analysis
|
Qualitative Data |
Quantitative Data (2017-2025) |
|
|