Smart Factory Market Size & Share, by Product Type (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems); End User (Automotive, Semiconductors & Electronics, Oil & Gas, Chemicals, Pharmaceutical, Aerospace & Defence, Food & Beverage); Component (Solution, Services) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3283
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Companies Dominating the Smart Factory Landscape

    • General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB Ltd
    • Rockwell Automation
    •  Emerson Electric Co.
    • Schneider Electric
    •  Endress+Hauser Group Services AG
    • Honeywell International Inc.
    • Siemens
    • Robert Bosch GmbH
    • Dassault Systèmes

Browse Key Market Insights with Data Illustration:


In The News

  • ABB Ltd. has been working with Ericsson to develop a flexible wireless automation solution for smart manufacturing plants. This collaboration has been made possible by ABB's industry-leading automation technology with Ericsson's expertise in the field of 5G Wireless, which enables wireless communications to be delivered reliably and effectively within factory settings.
  • The Plant web Optics platform has been set up by Emerson Electric Co. The platform is designed to enable Realtime monitoring and optimization of industrial processes by combining advanced Analytics, Digital Twin Technology as well and the Industrial Internet of Things. To increase the operational efficiency, asset performance, and maintenance strategies of smart plants, Plant Web Optics provides actionable insights and predictive Analytics.

Author Credits:  Mohd Shadab, Yashika Karodiwal

  • Report ID: 3283
  • Published Date: Nov 03, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing Adoption of Industrial IoT, penetration in the Automotive sector, and rising Digitalization are some of the primary growth factors for the market's Growth.

The market size of smart factory is anticipated to attain a CAGR of 12 % over the forecast period, i.e., 2024-2036.

The major players in the market are Rockwell Automation, Emerson Electric Co., Schneider Electric, Endress+Hauser Group Services AG, Inc., Siemens, Robert Bosch GmbH, Dassault Systèmes, Yokogawa Corporation, Mitsubishi Electric Corporation, and others.

The Industrial Robots segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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