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Global Smart Factory Market 2024-2028

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    Report

  • 183 Pages
  • June 2024
  • Region: Global
  • TechNavio
  • ID: 5852500
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The smart factory market is forecasted to grow by USD 97.1 billion during 2023-2028, accelerating at a CAGR of 10.87% during the forecast period. The report on the smart factory market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing focus of vendors on setting up new smart factories, need for simplification of complex manufacturing activities, and miniaturization of sensors.

The smart factory market is segmented as below:

By Component

  • Industrial sensors
  • Industrial robots
  • Industrial 3D printers
  • Machine vision systems

By Solution

  • SCADA
  • MES
  • DCM
  • PLC
  • PLM

By Geography

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the emergence of industrial internet of things (iiot) as one of the prime reasons driving the smart factory market growth during the next few years. Also, increase in adoption of data analytics and improvements in machine vision systems will lead to sizable demand in the market.

The report on the smart factory market covers the following areas:

  • Smart factory market sizing
  • Smart factory market forecast
  • Smart factory market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart factory market vendors that include ABB Ltd., Azbil Corp., Cisco Systems Inc., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., FUJI Corp., General Electric Co., Honeywell International Inc., Johnson Controls International Plc., Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Also, the smart factory market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Component
Executive Summary - Chart on Market Segmentation by Solution
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Smart Factory Market 2018 - 2022
Historic Market Size - Data Table on Global Smart Factory Market 2018 - 2022 ($ billion)
4.2 Component segment analysis 2018 - 2022
Historic Market Size - Component Segment 2018 - 2022 ($ billion)
4.3 Solution segment analysis 2018 - 2022
Historic Market Size - Solution Segment 2018 - 2022 ($ billion)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
6.1 Market segments
Chart on Component - Market share 2023-2028 (%)
Data Table on Component - Market share 2023-2028 (%)
6.2 Comparison by Component
Chart on Comparison by Component
Data Table on Comparison by Component
6.3 Industrial sensors - Market size and forecast 2023-2028
Chart on Industrial sensors - Market size and forecast 2023-2028 ($ billion)
Data Table on Industrial sensors - Market size and forecast 2023-2028 ($ billion)
Chart on Industrial sensors - Year-over-year growth 2023-2028 (%)
Data Table on Industrial sensors - Year-over-year growth 2023-2028 (%)
6.4 Industrial robots - Market size and forecast 2023-2028
Chart on Industrial robots - Market size and forecast 2023-2028 ($ billion)
Data Table on Industrial robots - Market size and forecast 2023-2028 ($ billion)
Chart on Industrial robots - Year-over-year growth 2023-2028 (%)
Data Table on Industrial robots - Year-over-year growth 2023-2028 (%)
6.5 Industrial 3D printers - Market size and forecast 2023-2028
Chart on Industrial 3D printers - Market size and forecast 2023-2028 ($ billion)
Data Table on Industrial 3D printers - Market size and forecast 2023-2028 ($ billion)
Chart on Industrial 3D printers - Year-over-year growth 2023-2028 (%)
Data Table on Industrial 3D printers - Year-over-year growth 2023-2028 (%)
6.6 Machine vision systems - Market size and forecast 2023-2028
Chart on Machine vision systems - Market size and forecast 2023-2028 ($ billion)
Data Table on Machine vision systems - Market size and forecast 2023-2028 ($ billion)
Chart on Machine vision systems - Year-over-year growth 2023-2028 (%)
Data Table on Machine vision systems - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Component
Market opportunity by Component ($ billion)
Data Table on Market opportunity by Component ($ billion)
7 Market Segmentation by Solution
7.1 Market segments
Chart on Solution - Market share 2023-2028 (%)
Data Table on Solution - Market share 2023-2028 (%)
7.2 Comparison by Solution
Chart on Comparison by Solution
Data Table on Comparison by Solution
7.3 SCADA - Market size and forecast 2023-2028
Chart on SCADA - Market size and forecast 2023-2028 ($ billion)
Data Table on SCADA - Market size and forecast 2023-2028 ($ billion)
Chart on SCADA - Year-over-year growth 2023-2028 (%)
Data Table on SCADA - Year-over-year growth 2023-2028 (%)
7.4 MES - Market size and forecast 2023-2028
Chart on MES - Market size and forecast 2023-2028 ($ billion)
Data Table on MES - Market size and forecast 2023-2028 ($ billion)
Chart on MES - Year-over-year growth 2023-2028 (%)
Data Table on MES - Year-over-year growth 2023-2028 (%)
7.5 DCM - Market size and forecast 2023-2028
Chart on DCM - Market size and forecast 2023-2028 ($ billion)
Data Table on DCM - Market size and forecast 2023-2028 ($ billion)
Chart on DCM - Year-over-year growth 2023-2028 (%)
Data Table on DCM - Year-over-year growth 2023-2028 (%)
7.6 PLC - Market size and forecast 2023-2028
Chart on PLC - Market size and forecast 2023-2028 ($ billion)
Data Table on PLC - Market size and forecast 2023-2028 ($ billion)
Chart on PLC - Year-over-year growth 2023-2028 (%)
Data Table on PLC - Year-over-year growth 2023-2028 (%)
7.7 PLM - Market size and forecast 2023-2028
Chart on PLM - Market size and forecast 2023-2028 ($ billion)
Data Table on PLM - Market size and forecast 2023-2028 ($ billion)
Chart on PLM - Year-over-year growth 2023-2028 (%)
Data Table on PLM - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Solution
Market opportunity by Solution ($ billion)
Data Table on Market opportunity by Solution ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ billion)
Data Table on China - Market size and forecast 2023-2028 ($ billion)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 ABB Ltd.
ABB Ltd. - Overview
ABB Ltd. - Business segments
ABB Ltd. - Key news
ABB Ltd. - Key offerings
ABB Ltd. - Segment focus
12.4 Cisco Systems Inc.
Cisco Systems Inc. - Overview
Cisco Systems Inc. - Business segments
Cisco Systems Inc. - Key news
Cisco Systems Inc. - Key offerings
Cisco Systems Inc. - Segment focus
12.5 Dassault Systemes SE
Dassault Systemes SE - Overview
Dassault Systemes SE - Product / Service
Dassault Systemes SE - Key news
Dassault Systemes SE - Key offerings
12.6 Emerson Electric Co.
Emerson Electric Co. - Overview
Emerson Electric Co. - Business segments
Emerson Electric Co. - Key news
Emerson Electric Co. - Key offerings
Emerson Electric Co. - Segment focus
12.7 General Electric Co.
General Electric Co. - Overview
General Electric Co. - Business segments
General Electric Co. - Key news
General Electric Co. - Key offerings
General Electric Co. - Segment focus
12.8 Honeywell International Inc.
Honeywell International Inc. - Overview
Honeywell International Inc. - Business segments
Honeywell International Inc. - Key news
Honeywell International Inc. - Key offerings
Honeywell International Inc. - Segment focus
12.9 Johnson Controls International Plc
Johnson Controls International Plc - Overview
Johnson Controls International Plc - Business segments
Johnson Controls International Plc - Key news
Johnson Controls International Plc - Key offerings
Johnson Controls International Plc - Segment focus
12.10 Microsoft Corp.
Microsoft Corp. - Overview
Microsoft Corp. - Business segments
Microsoft Corp. - Key news
Microsoft Corp. - Key offerings
Microsoft Corp. - Segment focus
12.11 Mitsubishi Electric Corp.
Mitsubishi Electric Corp. - Overview
Mitsubishi Electric Corp. - Business segments
Mitsubishi Electric Corp. - Key news
Mitsubishi Electric Corp. - Key offerings
Mitsubishi Electric Corp. - Segment focus
12.12 Oracle Corp.
Oracle Corp. - Overview
Oracle Corp. - Business segments
Oracle Corp. - Key news
Oracle Corp. - Key offerings
Oracle Corp. - Segment focus
12.13 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
12.14 Rockwell Automation Inc.
Rockwell Automation Inc. - Overview
Rockwell Automation Inc. - Business segments
Rockwell Automation Inc. - Key news
Rockwell Automation Inc. - Key offerings
Rockwell Automation Inc. - Segment focus
12.15 SAP SE
SAP SE - Overview
SAP SE - Business segments
SAP SE - Key news
SAP SE - Key offerings
SAP SE - Segment focus
12.16 Schneider Electric SE
Schneider Electric SE - Overview
Schneider Electric SE - Business segments
Schneider Electric SE - Key news
Schneider Electric SE - Key offerings
Schneider Electric SE - Segment focus
12.17 Siemens AG
Siemens AG - Overview
Siemens AG - Business segments
Siemens AG - Key news
Siemens AG - Key offerings
Siemens AG - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Market Segmentation by Solution
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Smart Factory Market 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Component Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Solution Segment 2018 - 2022 ($ billion)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Component - Market share 2023-2028 (%)
Exhibits 33: Data Table on Component - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Component
Exhibits 35: Data Table on Comparison by Component
Exhibits 36: Chart on Industrial sensors - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Data Table on Industrial sensors - Market size and forecast 2023-2028 ($ billion)
Exhibits 38: Chart on Industrial sensors - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Industrial sensors - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Industrial robots - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Data Table on Industrial robots - Market size and forecast 2023-2028 ($ billion)
Exhibits 42: Chart on Industrial robots - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Industrial robots - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Industrial 3D printers - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Data Table on Industrial 3D printers - Market size and forecast 2023-2028 ($ billion)
Exhibits 46: Chart on Industrial 3D printers - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Industrial 3D printers - Year-over-year growth 2023-2028 (%)
Exhibits 48: Chart on Machine vision systems - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Data Table on Machine vision systems - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Chart on Machine vision systems - Year-over-year growth 2023-2028 (%)
Exhibits 51: Data Table on Machine vision systems - Year-over-year growth 2023-2028 (%)
Exhibits 52: Market opportunity by Component ($ billion)
Exhibits 53: Data Table on Market opportunity by Component ($ billion)
Exhibits 54: Chart on Solution - Market share 2023-2028 (%)
Exhibits 55: Data Table on Solution - Market share 2023-2028 (%)
Exhibits 56: Chart on Comparison by Solution
Exhibits 57: Data Table on Comparison by Solution
Exhibits 58: Chart on SCADA - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Data Table on SCADA - Market size and forecast 2023-2028 ($ billion)
Exhibits 60: Chart on SCADA - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on SCADA - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on MES - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Data Table on MES - Market size and forecast 2023-2028 ($ billion)
Exhibits 64: Chart on MES - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on MES - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on DCM - Market size and forecast 2023-2028 ($ billion)
Exhibits 67: Data Table on DCM - Market size and forecast 2023-2028 ($ billion)
Exhibits 68: Chart on DCM - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on DCM - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on PLC - Market size and forecast 2023-2028 ($ billion)
Exhibits 71: Data Table on PLC - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Chart on PLC - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on PLC - Year-over-year growth 2023-2028 (%)
Exhibits 74: Chart on PLM - Market size and forecast 2023-2028 ($ billion)
Exhibits 75: Data Table on PLM - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Chart on PLM - Year-over-year growth 2023-2028 (%)
Exhibits 77: Data Table on PLM - Year-over-year growth 2023-2028 (%)
Exhibits 78: Market opportunity by Solution ($ billion)
Exhibits 79: Data Table on Market opportunity by Solution ($ billion)
Exhibits 80: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 81: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 82: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 83: Chart on Geographic comparison
Exhibits 84: Data Table on Geographic comparison
Exhibits 85: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 86: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 87: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 90: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 91: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 94: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 95: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 98: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 99: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 102: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 103: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 110: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 111: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 114: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits 115: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 118: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 119: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 121: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 122: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 123: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 124: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 125: Market opportunity By Geographical Landscape ($ billion)
Exhibits 126: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 127: Impact of drivers and challenges in 2023 and 2028
Exhibits 128: Overview on criticality of inputs and factors of differentiation
Exhibits 129: Overview on factors of disruption
Exhibits 130: Impact of key risks on business
Exhibits 131: Companies covered
Exhibits 132: Matrix on companies position and classification
Exhibits 133: ABB Ltd. - Overview
Exhibits 134: ABB Ltd. - Business segments
Exhibits 135: ABB Ltd. - Key news
Exhibits 136: ABB Ltd. - Key offerings
Exhibits 137: ABB Ltd. - Segment focus
Exhibits 138: Cisco Systems Inc. - Overview
Exhibits 139: Cisco Systems Inc. - Business segments
Exhibits 140: Cisco Systems Inc. - Key news
Exhibits 141: Cisco Systems Inc. - Key offerings
Exhibits 142: Cisco Systems Inc. - Segment focus
Exhibits 143: Dassault Systemes SE - Overview
Exhibits 144: Dassault Systemes SE - Product / Service
Exhibits 145: Dassault Systemes SE - Key news
Exhibits 146: Dassault Systemes SE - Key offerings
Exhibits 147: Emerson Electric Co. - Overview
Exhibits 148: Emerson Electric Co. - Business segments
Exhibits 149: Emerson Electric Co. - Key news
Exhibits 150: Emerson Electric Co. - Key offerings
Exhibits 151: Emerson Electric Co. - Segment focus
Exhibits 152: General Electric Co. - Overview
Exhibits 153: General Electric Co. - Business segments
Exhibits 154: General Electric Co. - Key news
Exhibits 155: General Electric Co. - Key offerings
Exhibits 156: General Electric Co. - Segment focus
Exhibits 157: Honeywell International Inc. - Overview
Exhibits 158: Honeywell International Inc. - Business segments
Exhibits 159: Honeywell International Inc. - Key news
Exhibits 160: Honeywell International Inc. - Key offerings
Exhibits 161: Honeywell International Inc. - Segment focus
Exhibits 162: Johnson Controls International Plc - Overview
Exhibits 163: Johnson Controls International Plc - Business segments
Exhibits 164: Johnson Controls International Plc - Key news
Exhibits 165: Johnson Controls International Plc - Key offerings
Exhibits 166: Johnson Controls International Plc - Segment focus
Exhibits 167: Microsoft Corp. - Overview
Exhibits 168: Microsoft Corp. - Business segments
Exhibits 169: Microsoft Corp. - Key news
Exhibits 170: Microsoft Corp. - Key offerings
Exhibits 171: Microsoft Corp. - Segment focus
Exhibits 172: Mitsubishi Electric Corp. - Overview
Exhibits 173: Mitsubishi Electric Corp. - Business segments
Exhibits 174: Mitsubishi Electric Corp. - Key news
Exhibits 175: Mitsubishi Electric Corp. - Key offerings
Exhibits 176: Mitsubishi Electric Corp. - Segment focus
Exhibits 177: Oracle Corp. - Overview
Exhibits 178: Oracle Corp. - Business segments
Exhibits 179: Oracle Corp. - Key news
Exhibits 180: Oracle Corp. - Key offerings
Exhibits 181: Oracle Corp. - Segment focus
Exhibits 182: Robert Bosch GmbH - Overview
Exhibits 183: Robert Bosch GmbH - Product / Service
Exhibits 184: Robert Bosch GmbH - Key news
Exhibits 185: Robert Bosch GmbH - Key offerings
Exhibits 186: Rockwell Automation Inc. - Overview
Exhibits 187: Rockwell Automation Inc. - Business segments
Exhibits 188: Rockwell Automation Inc. - Key news
Exhibits 189: Rockwell Automation Inc. - Key offerings
Exhibits 190: Rockwell Automation Inc. - Segment focus
Exhibits 191: SAP SE - Overview
Exhibits 192: SAP SE - Business segments
Exhibits 193: SAP SE - Key news
Exhibits 194: SAP SE - Key offerings
Exhibits 195: SAP SE - Segment focus
Exhibits 196: Schneider Electric SE - Overview
Exhibits 197: Schneider Electric SE - Business segments
Exhibits 198: Schneider Electric SE - Key news
Exhibits 199: Schneider Electric SE - Key offerings
Exhibits 200: Schneider Electric SE - Segment focus
Exhibits 201: Siemens AG - Overview
Exhibits 202: Siemens AG - Business segments
Exhibits 203: Siemens AG - Key news
Exhibits 204: Siemens AG - Key offerings
Exhibits 205: Siemens AG - Segment focus
Exhibits 206: Inclusions checklist
Exhibits 207: Exclusions checklist
Exhibits 208: Currency conversion rates for US$
Exhibits 209: Research methodology
Exhibits 210: Information sources
Exhibits 211: Data validation
Exhibits 212: Validation techniques employed for market sizing
Exhibits 213: Data synthesis
Exhibits 214: 360 degree market analysis
Exhibits 215: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global smart factory market: ABB Ltd., Azbil Corp., Cisco Systems Inc., Dassault Systemes SE, Emerson Electric Co., Endress Hauser Group Services AG, FANUC Corp., FUJI Corp., General Electric Co., Honeywell International Inc., Johnson Controls International Plc., Microsoft Corp., Mitsubishi Electric Corp., Oracle Corp., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of industrial internet of things (iiot)."

According to the report, one of the major drivers for this market is the increasing focus of vendors on setting up new smart factories.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Azbil Corp.
  • Cisco Systems Inc.
  • Dassault Systemes SE
  • Emerson Electric Co.
  • Endress Hauser Group Services AG
  • FANUC Corp.
  • FUJI Corp.
  • General Electric Co.
  • Honeywell International Inc.
  • Johnson Controls International Plc.
  • Microsoft Corp.
  • Mitsubishi Electric Corp.
  • Oracle Corp.
  • Robert Bosch GmbH
  • Rockwell Automation Inc.
  • SAP SE
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corp.