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Global Smart Factory and Manufacturing Market: Focus on Solution (Hardware and Software) and End Users - Analysis and Forecast, 2020-2025

  • ID: 5030800
  • Report
  • May 2020
  • Region: Global
  • 197 Pages
  • BIS Research
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The Global Smart Factory and Manufacturing Market Anticipated to Reach $105.12 Billion by 2025

FEATURED COMPANIES

  • ABB Ltd
  • Dassault Systèmes
  • General Electric
  • InSource Solutions
  • OMRON Corporation
  • Rockwell Automation Inc.
  • MORE

Key Questions Answered in this Report:

  • What was the revenue generated by different solutions including hardware and software in the global smart factory and manufacturing market in 2019, and what are the estimates for the forecast period 2020-2025?
  • What is the revenue generated by different end users in the smart factory and manufacturing market?
  • What is the revenue generated by different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
  • Which are the key companies operating in the smart factory and manufacturing market?
  • Which global factors are expected to impact the smart factory and manufacturing market?
  • What are the key market strategies adopted by the smart factory and manufacturing market players?

Global Smart Factory and Manufacturing Market Forecast, 2020-2025

The smart factory and manufacturing market analysis projects the market to grow at a significant CAGR of 8.71%, on the basis of revenue, during the forecast period from 2020 to 2025. APAC dominated the global smart factory and manufacturing market with a share of 60% in 2019. North America, including the major countries, such as the U.S. and Canada, is another prominent region for the smart factory and manufacturing market.

The smart factory and manufacturing market are currently witnessing a high growth rate owing to the rising trends of new digital industrial technologies, such as Industry 4.0 and Industrial IoT, and growing need for improved productivity, speed, and efficiency.

However, the reluctance in the adoption of smart factory solutions by SMEs due to high initial deployment cost and integration with current traditional systems contribute as some of the major challenges for the market.

Scope of the Global Smart Factory and Manufacturing Market

The Smart Factory and Manufacturing Market research provide detailed market information for the segmentation of the market on the basis of solution (hardware and software), end user, and region. The purpose of this market analysis is to examine the smart factory and manufacturing market outlook in terms of factors driving the market, market trends, technological developments, and competitive benchmarking, among other aspects.

The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market.

Global Smart Factory and Manufacturing Market Segmentation

While highlighting the key driving and restraining forces for this market, the report also provides a detailed study of the different solutions, which includes hardware and software components.

The smart factory and manufacturing market are segregated by region into four major regions, namely North America, Europe, APAC, and Rest-of-the-World. Data for each of these regions by country has also been provided.

Key Companies in the Global Smart Factory and Manufacturing Industry

The key market players in the global Smart Factory and Manufacturing market include ABB Ltd, Honeywell International Inc., Schneider Electric, Siemens AG, Rockwell Automation Inc, Emerson Electric CO., OMRON Corporation, Dassault Systèmes, IBM Corporation, Bosch Rexroth AG, Fanuc Corporation, General Electric, Kuka AG, OMRON Corporation, Mitsubishi Electric Corporation, and Stratasys Ltd.

Enterprise License customers will receive an Excel spreadsheet containing additional data.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd
  • Dassault Systèmes
  • General Electric
  • InSource Solutions
  • OMRON Corporation
  • Rockwell Automation Inc.
  • MORE

1 Market Dynamics
1.1 Overview
1.2 Market Drivers
1.2.1 Rising Trend of New Digital Industrial Technologies Such as Industry 4.0 and Industrial IoT
1.2.2 Growing Need for Improved Productivity, Speed, and Efficiency
1.3 Market Challenges
1.3.1 Reluctance in Adoption of Smart Factory Solutions by SMEs due to High Initial Deployment Cost and Integration With Legacy Current System
1.4 Market Opportunities
1.4.1 Rollout of 5G Services
1.4.2 Growth Opportunity in Smart Analytics Market
1.5 Market Dynamics: Impact Analysis

2 Competitive Insight
2.1 Key Developments and Strategies
2.1.1 Overview
2.1.2 Share of Key Business Strategies
2.1.3 Product Launches and Developments
2.1.4 Partnerships, Collaborations, and Joint Ventures
2.1.5 Mergers and Acquisitions
2.2 Market Share Analysis

3 Industry Analysis
3.1 Industry overview
3.2 Product Assortment of Major Companies
3.3 R&D Analysis of Leading Players
3.4 Value Chain Analysis
3.5 Industry Attractiveness
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Buyers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitutes
3.5.5 Intensity of Competitive Rivalry
3.6 Case Studies
3.6.1 Case Studies for Automotive Industry
3.6.2 Case Studies for Pharma and Chemistry Industry
3.6.3 Case Studies for Food and Beverage Industry
3.6.4 Case Studies for Metal and Machining Industry
3.7 Impact of COVID-19 on Manufacturing Sector

4 Global Smart Factory and Manufacturing Market
4.1 Assumptions and Limitations
4.2 Market Overview

5 Global Smart Factory and Manufacturing Market (by Solution)
5.1 Market Overview
5.2 Hardware
5.2.1 Sensors
5.2.2 Industrial Robots
5.2.3 Machine Vision
5.2.4 Industrial 3D Printing
5.3 Software
5.3.1 HMI
5.3.2 SCADA
5.3.3 PLM
5.3.4 DCS
5.3.5 MES

6 Global Smart Factory and Manufacturing Market (by End User)
6.1 Market Overview
6.2 Food & Beverages
6.3 Pharmaceuticals
6.4 Automotive
6.5 FMCG
6.6 Oil & Gas
6.7 Metal and Machining
6.8 Others

7 Global Smart Factory and Manufacturing Market (by Region)
7.1 Market Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.3 Europe
7.3.1 U.K.
7.3.2 Germany
7.3.3 France
7.3.4 Spain
7.3.5 Italy
7.3.6 Rest-of-Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 South Korea
7.4.5 Rest-of-Asia-Pacific
7.5 Rest-of-the-World
7.5.1 Middle East and Africa
7.5.2 Latin America

8 Company Profiles
8.1 Overview
8.2 ABB Ltd
8.2.1 Company Overview
8.2.2 Role of ABB Ltd in Global Smart Factory and Manufacturing Market
8.2.3 Overall Financials
8.2.4 SWOT Analysis
8.3 Bosch Rexroth AG
8.3.1 Company Overview
8.3.2 Role of Bosch Rexroth AG in Global Smart Factory and Manufacturing Market
8.3.3 SWOT Analysis
8.4 Dassault Systèmes
8.4.1 Company Overview
8.4.2 Role of Dassault Systèmes in Global Smart Factory and Manufacturing Market
8.4.3 Overall Financials
8.4.4 SWOT Analysis
8.5 Emerson Electric CO.
8.5.1 Company Overview
8.5.2 Role of Emerson Electric CO in Global Smart Factory and Manufacturing Market
8.5.3 Overall Financials
8.5.4 SWOT Analysis
8.6 Fanuc Corporation
8.6.1 Company Overview
8.6.2 Role of Fanuc Corporation in Global Smart Factory and Manufacturing Market
8.6.3 Overall Financials
8.6.4 SWOT Analysis
8.7 General Electric
8.7.1 Company Overview
8.7.2 Role of General Electric in Global Smart Factory and Manufacturing Market
8.7.3 Overall Financials
8.7.4 SWOT Analysis
8.8 Honeywell International Inc.
8.8.1 Company Overview
8.8.2 Role of Honeywell International in Global Smart Factory and Manufacturing Market
8.8.3 Overall Financials
8.8.4 SWOT Analysis
8.9 IBM Corporation
8.9.1 Company Overview
8.9.2 Role of IBM Corporation in Global Smart Factory and Manufacturing Market
8.9.3 Overall Financials
8.9.4 SWOT Analysis
8.10 Kuka AG
8.10.1 Company Overview
8.10.2 Role of Kuka AG in Global Smart Factory and Manufacturing Market
8.10.3 Overall Financials
8.10.4 SWOT Analysis
8.11 OMRON Corporation
8.11.1 Company Overview
8.11.2 Role of OMRON Corporation in Global Smart Factory and Manufacturing Market
8.11.3 Overall Financials
8.11.4 SWOT Analysis
8.12 Mitsubishi Electric Corporation
8.12.1 Company Overview
8.12.2 Role of Mitsubishi Electric Corporation in Global Smart Factory and Manufacturing Market
8.12.3 Overall Financials
8.12.4 SWOT Analysis
8.13 Rockwell Automation Inc.
8.13.1 Company Overview
8.13.2 Role of Rockwell Automation Inc in Global Smart Factory and Manufacturing Market
8.13.3 Overall Financials
8.13.4 SWOT Analysis
8.14 Schneider Electric
8.14.1 Company Overview
8.14.2 Role of Schneider Electric in Global Smart Factory and Manufacturing Market
8.14.3 Overall Financials
8.14.4 SWOT Analysis
8.15 Siemens AG
8.15.1 Company Overview
8.15.2 Role of Siemens AG in Global Smart Factory and Manufacturing Market
8.15.3 Overall Financials
8.15.4 SWOT Analysis
8.16 Stratasys Ltd
8.16.1 Company Overview
8.16.2 Role of Stratasys Ltd in Global Smart Factory and Manufacturing Market
8.16.3 Overall Financials
8.16.4 SWOT Analysis
8.17 Other Key Players
8.17.1 Aquarius Software
8.17.2 Hexagon AB
8.17.3 InSource Solutions
8.17.4 Litmus Automation
8.17.5 Panasonic Corporation
8.17.6 Progea International SA
8.17.7 List of Other Key Players

9 Report Scope and Methodology
9.1 Report Scope
9.2 Global Smart Factory and Manufacturing Market Research Methodology

10 Appendix
10.1 Related Reports

List of Tables
Table 1.1: Market Dynamics: Impact Analysis
Table 3.1: Product Offerings by Leading Smart Factory and Manufacturing Companies
Table 3.2: Product Offerings With Prices by Leading Solution Providers
Table 3.3: R&D Activities by Leading Companies
Table 3.4: Case Study 1
Table 3.5: Case Study 2
Table 3.6: Case Study 3
Table 3.7: Case Study 4
Table 3.8: Case Study 5
Table 3.9: Case Study 6
Table 5.1: Global Smart Factory and Manufacturing (by Solution), $Billion, 2019-2025
Table 5.2: Global Smart Factory and Manufacturing Market (by Hardware), $Billion, 2019-2025
Table 5.3: Smart Factory and Manufacturing Market (by Software), $Billion, 2019-2025
Table 6.1: Global Smart Factory and Manufacturing Market (by End User), $Billion, 2019-2025
Table 7.1: Global Smart Factory and Manufacturing Market (by Region), $Billion, 2019-2025

List of Figures
Figure 1: Estimated Worldwide Installation of Industrial Robots
Figure 2: Benefits Associated With Usage of Smart Factory Solutions
Figure 3: Global Smart Factory and Manufacturing Market (by Value), 2019, 2020, and 2025
Figure 4: Global Smart Factory and Manufacturing Market (by Solution), 2019,2020, and 2025
Figure 5: Global Smart Factory and Manufacturing Market (by Hardware), 2019, 2020, and 2025
Figure 6: Global Smart Factory and Manufacturing Market (by Software), 2019,2020, and 2025
Figure 7: Global Smart Factory and Manufacturing Market (by End User), 2019,2020, and 2025
Figure 8: Global Smart Factory and Manufacturing Market (by Region), $Billion, 2019
Figure 1.1: Market Dynamics
Figure 1.2: Industrial IoT Opportunity
Figure 2.1: Some of the Organic and Inorganic Growth Strategies Adopted by the Key Players
Figure 2.2: Percentage Share of Strategies Adopted by the Market Players, January 2018 - March 2020
Figure 2.3: Number of Strategic Developments by Leading Companies in the Global Smart Factory and Manufacturing Market, January 2018 - March2020
Figure 2.4: Product Launches and Developments (by Company), January 2018-March 2020
Figure 2.5: Partnerships, Collaborations, and Joint Ventures (by Company), January 2018 - March 2020
Figure 2.6: Mergers and Acquisitions (by Company), January 2018-March 2020
Figure 2.7: Global Smart Factory and Manufacturing Market: Market Share Analysis, 2019
Figure 3.1: Timeline in the Field of Smart Factory and Manufacturing System
Figure 3.2: R&D Analysis of Top Leading Players
Figure 3.3: Value Chain Analysis: Smart Factory and Manufacturing Market
Figure 3.4: Smart Factory and Manufacturing: Porter’s Five Forces
Figure 3.5: Bargaining Power of Suppliers
Figure 3.6: Bargaining Power of Buyers
Figure 3.7: Threat of New Entrants
Figure 3.8: Intensity of Competitive Rivalry
Figure 3.9: Impact on GDP in Different Countries and Regions due to COVID-19
Figure 3.10: Impact Analysis of COVID-19: Key Findings of the Survey
Figure 4.1: Global Smart Factory and Manufacturing Market (by Value), 2019-2025
Figure 5.1: Global Smart Factory and Manufacturing Market (by Solution)
Figure 5.2: Global Smart Factory and Manufacturing Market (by Solution), $Billion, 2019-2025
Figure 5.3: Global Smart Factory and Manufacturing Market (by Hardware), $Billion, 2019-2025
Figure 5.4: Global Smart Factory and Manufacturing Market (for Sensors), $Billion, 2019-2025
Figure 5.5: Global Smart Factory and Manufacturing Market (for Industrial Robots), $Billion, 2019-2025
Figure 5.6: Global Smart Factory and Manufacturing Market (for Machine Vision), $Billion, 2019-2025
Figure 5.7: Global Smart Factory and Manufacturing Market (for Industrial 3D Printing), $Billion, 2019-2025
Figure 5.8: Global Smart Factory and Manufacturing Market (by Software), $Billion, 2019-2025
Figure 5.9: Global Smart Factory and Manufacturing Market (for HMI), $Billion, 2019-2025
Figure 5.10: Global Smart Factory and Manufacturing Market (for SCADA), $Billion, 2019-2025
Figure 5.11: Global Smart Factory and Manufacturing Market (for PLM), $Billion, 2019-2025
Figure 5.12: Global Smart Factory and Manufacturing Market (for DCS), $Billion, 2019-2025
Figure 5.13: Global Smart Factory and Manufacturing Market (for MES), $Billion, 2019-2025
Figure 6.1: Global Smart Factory and Manufacturing Market (by End User)
Figure 6.2: Global Smart Factory and Manufacturing Market (for Food & Beverages), $Billion, 2019-2025
Figure 6.3: Global Smart Factory and Manufacturing Market (for Pharmaceuticals), $Billion, 2019-2025
Figure 6.4: Global Smart Factory and Manufacturing Market (for Automotive), $Billion, 2019-2025
Figure 6.5: Global Smart Factory and Manufacturing Market (for FMCG), $Billion, 2019-2025
Figure 6.6: Global Smart Factory and Manufacturing Market (for Oil & Gas), $Billion, 2019-2025
Figure 6.7: Global Smart Factory and Manufacturing Market (for Metal and Machining), $Billion, 2019-2025
Figure 6.8: Global Smart Factory and Manufacturing Market (for Others), $Billion, 2019-2025
Figure 7.1: Classification of Global Smart Factory and Manufacturing Market (by Region)
Figure 7.2: North America Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.3: The U.S Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.4: Canada Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.5: Europe Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.6: The U.K. Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.7: Germany Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.8: France Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.9: Spain Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.10: Italy Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.11: Rest-of-Europe Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.12: Asia-Pacific Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.13: China Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.14: India Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.15: Japan Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.16: South Korea Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.17: Rest-of-Asia-Pacific Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.18: Rest-of-the-World Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.19: Middle East Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 7.20: Latin America Smart Factory and Manufacturing Market, $Billion, 2019-2025
Figure 8.1: Share of Key Players
Figure 8.2: ABB Ltd - Product Portfolio
Figure 8.3: ABB Ltd - Overall Financials, 2017-2019
Figure 8.4: ABB Ltd - Business Revenue Mix, 2017-2019
Figure 8.5: ABB Ltd - Region Revenue Mix, 2017-2019
Figure 8.6: ABB Ltd - R&D Expenditure, 2017-2019
Figure 8.7: SWOT Analysis – ABB Ltd
Figure 8.8: Bosch Rexroth AG – Product Portfolio
Figure 8.9: SWOT Analysis – Bosch Rexroth AG
Figure 8.10: Dassault Systèmes - Product Offerings
Figure 8.11: Dassault Systèmes - Overall Financials, 2016-2018
Figure 8.12: Dassault Systèmes - Business Revenue, 2016-2018
Figure 8.13: Dassault Systèmes - Region Revenue Mix, 2016-2018
Figure 8.14: Dassault Systèmes - R&D Expenditure, 2016-2018
Figure 8.15: SWOT Analysis - Dassault Systèmes
Figure 8.16: Emerson Electric CO - Product Portfolio
Figure 8.17: Emerson Electric CO - Overall Financials, 2016-2018
Figure 8.18: Emerson Electric CO - Business Revenue Mix, 2016-2018
Figure 8.19: Emerson Electric CO - Region Revenue Mix, 2016-2018
Figure 8.20: Emerson Electric CO - R&D Expenditure, 2016-2018
Figure 8.21: SWOT Analysis - Emerson Electric CO.
Figure 8.22: Fanuc Corporation – Product Portfolio
Figure 8.23: Fanuc Corporation - Overall Financials, 2016-2018
Figure 8.24: Fanuc Corporation - Business Revenue Mix, 2016-2018
Figure 8.25: Fanuc Corporation - Regional Revenue Mix, 2016-2018
Figure 8.26: Fanuc Corporation: R&D Expenditure, 2016-2018
Figure 8.27: SWOT Analysis – Fanuc Corporation
Figure 8.28: General Electric.: Product Portfolio
Figure 8.29: General Electric - Overall Financials, 2017-2019
Figure 8.30: General Electric - Business Revenue Mix, 2017-2019
Figure 8.31: General Electric - Region Revenue Mix, 2017-2019
Figure 8.32: General Electric - R&D Expenditure, 2017-2019
Figure 8.33: SWOT Analysis - General Electric
Figure 8.34: Honeywell International – Product Offerings
Figure 8.35: Honeywell International - Overall Financials, 2016-2018
Figure 8.36: Honeywell International: Business Revenue Mix, 2016-2018
Figure 8.37: Honeywell International - Region Revenue Mix, 2016-2018
Figure 8.38: Honeywell International - R&D Expenditure, 2016-2018
Figure 8.39: SWOT Analysis - Honeywell International
Figure 8.40: IBM Corporation - Product Offerings
Figure 8.41: IBM Corporation - Overall Financials, 2017-2019
Figure 8.42: IBM Corporation - Business Revenue Mix, 2017-2019
Figure 8.43: IBM Corporation - Region Revenue Mix, 2017-2019
Figure 8.44: IBM Corporation - R&D Expenditure, 2017-2019
Figure 8.45: SWOT Analysis - IBM Corporation
Figure 8.46: Kuka AG – Product Portfolio
Figure 8.47: Kuka AG - Overall Financials, 2017-2019
Figure 8.48: Kuka AG - Business Revenue Mix, 2017-2019
Figure 8.49: Kuka AG: Regional Revenue Mix, 2017-2019
Figure 8.50: Kuka AG: R&D Expenditure, 2017-2019
Figure 8.51: SWOT Analysis – Kuka AG
Figure 8.52: OMRON Corporation - Product Offerings
Figure 8.53: OMRON Corporation – Overall Financials, 2015-2017
Figure 8.54: OMRON Corporation – Business Revenue Mix, 2015-2017
Figure 8.55: OMRON Corporation – Region Revenue Mix, 2015-2017
Figure 8.56: OMRON Corporation - R&D Expenditure, 2015-2017
Figure 8.57: SWOT Analysis - OMRON Corporation
Figure 8.58: Mitsubishi Electric Corporation - Product Offerings
Figure 8.59: Mitsubishi Electric Corporation – Overall Financials, 2016-2018
Figure 8.60: Mitsubishi Electric Corporation – Business Revenue Mix, 2016-2018
Figure 8.61: Mitsubishi Electric Corporation – Region Revenue Mix, 2016-2018
Figure 8.62: Mitsubishi Electric Corporation– Research and Development Expenditure, 2015-2017
Figure 8.63: SWOT Analysis - Mitsubishi Electric Corporation
Figure 8.64: Rockwell Automation Inc - Product Portfolio
Figure 8.65: Rockwell Automation Inc - Overall Financials, 2016-2018
Figure 8.66: Rockwell Automation Inc. - Business Revenue Mix, 2016-2018
Figure 8.67: Rockwell Automation Inc -– Region Revenue Mix, 2016-2018
Figure 8.68: Rockwell Automation Inc - R&D Expenditure, 2016-2018
Figure 8.69: SWOT Analysis - Rockwell Automation Inc
Figure 8.70: Schneider Electric: Product Portfolio
Figure 8.71: Schneider Electric - Overall Financials, 2017-2019
Figure 8.72: Schneider Electric - Business Revenue Mix, 2017-2019
Figure 8.73: Schneider Electric - Region Revenue Mix, 2017-2019
Figure 8.74: SWOT Analysis - Schneider Electric
Figure 8.75: Siemens AG – Product Offerings
Figure 8.76: Siemens AG - Overall Financials, 2016-2018
Figure 8.77: Siemens AG - Business Revenue Mix, 2016-2018
Figure 8.78: Siemens AG - Region Revenue Mix, 2016-2018
Figure 8.79: Siemens AG - R&D Expenditure, 2016-2018
Figure 8.80: SWOT Analysis - Siemens AG
Figure 8.81: Stratasys Ltd – Product Offerings
Figure 8.82: Stratasys Ltd - Overall Financials, 2017-2019
Figure 8.83: Stratasys Ltd - Business Revenue Mix, 2017-2019
Figure 8.84: Stratasys Ltd - Region Revenue Mix, 2017-2019
Figure 8.85: Stratasys Ltd - R&D Expenditure, 2017-2019
Figure 8.86: SWOT Analysis - Stratasys Ltd
Figure 9.1: Global Smart Factory and Manufacturing Market Segmentation
Figure 9.2: Secondary Data Source
Figure 9.3: Smart Factory and Manufacturing Market Bottom-up and Top-Down
Figure 9.4: Smart Factory and Manufacturing Market Influencing Factors
Figure 9.5: Assumptions and Limitations

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd
  • Dassault Systèmes
  • General Electric
  • InSource Solutions
  • OMRON Corporation
  • Rockwell Automation Inc.
  • MORE

According to the market intelligence report titled "Global Smart Factory and Manufacturing Market - Analysis and Forecast 2020-2025", the smart factory and manufacturing market is currently witnessing a high growth rate owing to the rising trends of new digital industrial technologies, such as Industry 4.0 and Industrial IoT, and growing need for improved productivity, speed, and efficiency.

However, the reluctance in the adoption of smart factory solutions by SMEs due to high initial deployment cost and integration with current traditional systems contribute as some of the major challenges for the market.

According to Shubhranshu Agarwal, Industry Analyst, "The increasing demand for industrial robots and automation with a higher level of autonomy in the different commercial manufacturing process is anticipated to help in fueling the market for the smart factory and manufacturing market.”
 
The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of future trends and technological developments. It also includes a competitive analysis of the leading players in the industry, including corporate overview, financial summary, and SWOT analysis. The overall market has been segmented on the basis of solutions (hardware and software) and end user. The report also includes a comprehensive section on the geographical analysis for North America, Europe, Asia-Pacific, and Rest-of-the-World.

Some of the key players that are actively participating in the smart factory and manufacturing market are ABB Ltd, Honeywell International Inc., Schneider Electric, Siemens AG, Rockwell Automation Inc, Emerson Electric CO., OMRON Corporation, Dassault Systèmes, IBM Corporation, Bosch Rexroth AG, Fanuc Corporation, General Electric, Kuka AG, OMRON Corporation, Mitsubishi Electric Corporation, and Stratasys Ltd.

Key questions answered in the report:

  • What was the revenue generated by different solutions including hardware and software in the global smart factory and manufacturing market in 2019, and what are the estimates for the forecast period 2020-2025?
  • What is the revenue generated by different end users in the smart factory and manufacturing market?
  • What is the revenue generated by different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW)?
  • Which are the key companies operating in the smart factory and manufacturing market?
  • Which global factors are expected to impact the smart factory and manufacturing market?
  • What are the key market strategies adopted by the smart factory and manufacturing market players?
Note: Product cover images may vary from those shown
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  • ABB Ltd
  • Aquarius Software
  • Bosch Rexroth AG
  • Dassault Systèmes
  • Emerson Electric CO
  • Fanuc Corporation
  • General Electric
  • Hexagon AB
  • Honeywell International Inc.
  • IBM Corporation
  • InSource Solutions
  • Kuka AG
  • Litmus Automation
  • Mitsubishi Electric Corporation
  • OMRON Corporation
  • Panasonic Corporation
  • Progea International SA
  • Rockwell Automation Inc.
  • Schneider Electric
  • Siemens AG
  • Stratasys Ltd
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