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[PDF] Smart Factory Market : An Amazing Industry Growth Factor For Next..!!

Keyword Market

Industrial automation refers to the utilization of control systems, computers, IT technologies and robots for handling distinct industry processes and machinery as a replacement for human workforce. Such automation finds wide application across various industries such as oil & gas, chemicals, paper & pulp, pharmaceuticals, metals & mining, food & beverages, electricity generation, fertilizers & petrochemicals and water & sewage management; and discrete industries such as automotive & transportation, machinery manufacturing, electronics, electrical and aerospace & defense. Increasing competition in the market and growing focus of players on enhancing profitability are the chief factors positively influencing the global industrial automation market growth.

What Is Smart Factory?

A smart factory is a highly digitized and connected production facility that depends on smart manufacturing. The concept of the smart factory is considered a crucial outcome of the fourth industrial revolution, i.e. Industry 4.0. Manufacturing companies are the major adopters of smart factories where they employ cutting-edge technologies such as artificial intelligence, Internet of Things, big data, analytics, and robotics.

Global Smart Factory Market competition by top manufacturers are: Oracle Corporation, ABB Group, Atos SE, Rockwell Automation, Inc., Accenture PLC, General Electric Co., PTC Inc., Siemens AG, SAP SE, and IBM Corporation.

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Smart Factory Market Taxonomy:

Global Smart Factory Market, By Component:

  • Hardware
  • Software
  • Services

Global Smart Factory Market, By Market Structure:

  • To Connect
    • Wired and Wireless Networking
    • Wide Area Networking (WAN)
    • Local Area Networking (LAN)
    • Machine-to-Machine Network
  • To Collect
    • Sensors
    • Digital Measurement Devices
    • Auto Identification Hardware
  • To Analyse
    • Data Historian
    • Reporting
    • Complex Event Processing
    • Predictive Algorithm
  • To Control
    • Actuators
    • Programmable Logic Controllers
    • Smart Robotics
    • Additive Manufacturing Equipment

Global Smart Factory Market, By Manufacturing Verticle:

  • Automotive & Transportation
  • Food & Beverage
  • Electrical and Electronics
  • Aerospace & Defense
  • Oil & Gas
  • Garment & Textile
  • Chemical & Material
  • Others ( Healthcare & Pharmaceutical)

Frequently Asked Questions (FAQ) :

Is Smart Factory Market Booming In Near Future?

Yes, The Global Smart Factory Market is expected to be valued at US$ 276.12 Billion by 2027, witnessing a CAGR of 13.3 % during the forecast period (2019-2027)

Which are the prominent Smart Factory market players across the globe? Can i Add Specific Company?

Yes, You can add Specific Company upto 3 Companies.

Companies Covered as part of this study include: Oracle Corporation, ABB Group, Atos SE, Rockwell Automation, Inc., Accenture PLC, General Electric Co., PTC Inc., Siemens AG, SAP SE, and IBM Corporation.,

Can i Ask For Customization as per My Requirement?

Yes, You can Customise This Report as per Your Requirement Such as Region Wise or Country Wise Data.

For Customization You Can Just Click Here and Tell Us about Your Requirement.

Which Geographic Segmentation Covered In The Market Report?

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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