Smart Factory and Manufacturing Market, Global Outlook and Forecast 2023-2029
Report Code: KNJ1597792 No. of Pages: 114 Category: Services
Publisher: Date of Publish:
Publisher: Date of Publish:
Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called “enablers”, which help in optimizing the entire manufacturing process and thus increase overall profits.
Manufacturing IT (MES, ERP, PLM, APC, EAM, etc.); Automation Control System (DCS, PLC, HMI, SCADA, FCS, etc.); Instrumentation & Field Devices (Sensors, Actuators, Drives, Valves, etc.)
This report aims to provide a comprehensive presentation of the global market for Smart Factory and Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Factory and Manufacturing. This report contains market size and forecasts of Smart Factory and Manufacturing in global, including the following market information:
Global Smart Factory and Manufacturing Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Smart Factory and Manufacturing market was valued at US$ 209420 million in 2022 and is projected to reach US$ 394650 million by 2029, at a CAGR of 9.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The main Smart Manufacturing players include GE, ABB, Siemens, SAP, Schneider, etc. The top five Smart Manufacturing players account for approximately 47% of the total global market. North America is the largest consumer market for Smart Manufacturing accounting for about 24%, followed by Europe and China. In terms of Type, Instrumentation & Field Devices is the largest segment with a share of 43%. And in terms of Applications, the largest segment is Automotive, followed by Aerospace & Defense.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Factory and Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Factory and Manufacturing Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Smart Factory and Manufacturing Market Segment Percentages, by Type, 2022 (%)
Hardware
Software
Global Smart Factory and Manufacturing Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Smart Factory and Manufacturing Market Segment Percentages, by Application, 2022 (%)
Food and Beverages
Pharmaceuticals
Automotive
FMCG
Oil and Gas
Metal and Machining
Others
Global Smart Factory and Manufacturing Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Smart Factory and Manufacturing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Factory and Manufacturing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Smart Factory and Manufacturing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB Ltd
Bosch Rexroth AG
Dassault Systèmes
Emerson Electric CO.
Fanuc Corporation
General Electric
Honeywell International Inc.
IBM Corporation
Kuka AG
OMRON Corporation
Mitsubishi Electric Corporation
Rockwell Automation Inc.
Schneider Electric
Siemens AG
Aquarius Software
Hexagon AB
InSource Solutions
Litmus Automation
Panasonic Corporation
Progea International SA
Deloitte
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Factory and Manufacturing, market overview.
Chapter 2: Global Smart Factory and Manufacturing market size in revenue.
Chapter 3: Detailed analysis of Smart Factory and Manufacturing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Factory and Manufacturing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
1 Introduction to Research & Analysis Reports
1.1 Smart Factory and Manufacturing Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Smart Factory and Manufacturing Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Smart Factory and Manufacturing Overall Market Size
2.1 Global Smart Factory and Manufacturing Market Size: 2022 VS 2029
2.2 Global Smart Factory and Manufacturing Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Smart Factory and Manufacturing Players in Global Market
3.2 Top Global Smart Factory and Manufacturing Companies Ranked by Revenue
3.3 Global Smart Factory and Manufacturing Revenue by Companies
3.4 Top 3 and Top 5 Smart Factory and Manufacturing Companies in Global Market, by Revenue in 2022
3.5 Global Companies Smart Factory and Manufacturing Product Type
3.6 Tier 1, Tier 2 and Tier 3 Smart Factory and Manufacturing Players in Global Market
3.6.1 List of Global Tier 1 Smart Factory and Manufacturing Companies
3.6.2 List of Global Tier 2 and Tier 3 Smart Factory and Manufacturing Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Smart Factory and Manufacturing Market Size Markets, 2022 & 2029
4.1.2 Hardware
4.1.3 Software
4.2 By Type - Global Smart Factory and Manufacturing Revenue & Forecasts
4.2.1 By Type - Global Smart Factory and Manufacturing Revenue, 2018-2023
4.2.2 By Type - Global Smart Factory and Manufacturing Revenue, 2024-2029
4.2.3 By Type - Global Smart Factory and Manufacturing Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Smart Factory and Manufacturing Market Size, 2022 & 2029
5.1.2 Food and Beverages
5.1.3 Pharmaceuticals
5.1.4 Automotive
5.1.5 FMCG
5.1.6 Oil and Gas
5.1.7 Metal and Machining
5.1.8 Others
5.2 By Application - Global Smart Factory and Manufacturing Revenue & Forecasts
5.2.1 By Application - Global Smart Factory and Manufacturing Revenue, 2018-2023
5.2.2 By Application - Global Smart Factory and Manufacturing Revenue, 2024-2029
5.2.3 By Application - Global Smart Factory and Manufacturing Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Smart Factory and Manufacturing Market Size, 2022 & 2029
6.2 By Region - Global Smart Factory and Manufacturing Revenue & Forecasts
6.2.1 By Region - Global Smart Factory and Manufacturing Revenue, 2018-2023
6.2.2 By Region - Global Smart Factory and Manufacturing Revenue, 2024-2029
6.2.3 By Region - Global Smart Factory and Manufacturing Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Smart Factory and Manufacturing Revenue, 2018-2029
6.3.2 US Smart Factory and Manufacturing Market Size, 2018-2029
6.3.3 Canada Smart Factory and Manufacturing Market Size, 2018-2029
6.3.4 Mexico Smart Factory and Manufacturing Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Smart Factory and Manufacturing Revenue, 2018-2029
6.4.2 Germany Smart Factory and Manufacturing Market Size, 2018-2029
6.4.3 France Smart Factory and Manufacturing Market Size, 2018-2029
6.4.4 U.K. Smart Factory and Manufacturing Market Size, 2018-2029
6.4.5 Italy Smart Factory and Manufacturing Market Size, 2018-2029
6.4.6 Russia Smart Factory and Manufacturing Market Size, 2018-2029
6.4.7 Nordic Countries Smart Factory and Manufacturing Market Size, 2018-2029
6.4.8 Benelux Smart Factory and Manufacturing Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Smart Factory and Manufacturing Revenue, 2018-2029
6.5.2 China Smart Factory and Manufacturing Market Size, 2018-2029
6.5.3 Japan Smart Factory and Manufacturing Market Size, 2018-2029
6.5.4 South Korea Smart Factory and Manufacturing Market Size, 2018-2029
6.5.5 Southeast Asia Smart Factory and Manufacturing Market Size, 2018-2029
6.5.6 India Smart Factory and Manufacturing Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Smart Factory and Manufacturing Revenue, 2018-2029
6.6.2 Brazil Smart Factory and Manufacturing Market Size, 2018-2029
6.6.3 Argentina Smart Factory and Manufacturing Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Smart Factory and Manufacturing Revenue, 2018-2029
6.7.2 Turkey Smart Factory and Manufacturing Market Size, 2018-2029
6.7.3 Israel Smart Factory and Manufacturing Market Size, 2018-2029
6.7.4 Saudi Arabia Smart Factory and Manufacturing Market Size, 2018-2029
6.7.5 UAE Smart Factory and Manufacturing Market Size, 2018-2029
7 Smart Factory and Manufacturing Companies Profiles
7.1 ABB Ltd
7.1.1 ABB Ltd Company Summary
7.1.2 ABB Ltd Business Overview
7.1.3 ABB Ltd Smart Factory and Manufacturing Major Product Offerings
7.1.4 ABB Ltd Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.1.5 ABB Ltd Key News & Latest Developments
7.2 Bosch Rexroth AG
7.2.1 Bosch Rexroth AG Company Summary
7.2.2 Bosch Rexroth AG Business Overview
7.2.3 Bosch Rexroth AG Smart Factory and Manufacturing Major Product Offerings
7.2.4 Bosch Rexroth AG Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.2.5 Bosch Rexroth AG Key News & Latest Developments
7.3 Dassault Systèmes
7.3.1 Dassault Systèmes Company Summary
7.3.2 Dassault Systèmes Business Overview
7.3.3 Dassault Systèmes Smart Factory and Manufacturing Major Product Offerings
7.3.4 Dassault Systèmes Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.3.5 Dassault Systèmes Key News & Latest Developments
7.4 Emerson Electric CO.
7.4.1 Emerson Electric CO. Company Summary
7.4.2 Emerson Electric CO. Business Overview
7.4.3 Emerson Electric CO. Smart Factory and Manufacturing Major Product Offerings
7.4.4 Emerson Electric CO. Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.4.5 Emerson Electric CO. Key News & Latest Developments
7.5 Fanuc Corporation
7.5.1 Fanuc Corporation Company Summary
7.5.2 Fanuc Corporation Business Overview
7.5.3 Fanuc Corporation Smart Factory and Manufacturing Major Product Offerings
7.5.4 Fanuc Corporation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.5.5 Fanuc Corporation Key News & Latest Developments
7.6 General Electric
7.6.1 General Electric Company Summary
7.6.2 General Electric Business Overview
7.6.3 General Electric Smart Factory and Manufacturing Major Product Offerings
7.6.4 General Electric Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.6.5 General Electric Key News & Latest Developments
7.7 Honeywell International Inc.
7.7.1 Honeywell International Inc. Company Summary
7.7.2 Honeywell International Inc. Business Overview
7.7.3 Honeywell International Inc. Smart Factory and Manufacturing Major Product Offerings
7.7.4 Honeywell International Inc. Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.7.5 Honeywell International Inc. Key News & Latest Developments
7.8 IBM Corporation
7.8.1 IBM Corporation Company Summary
7.8.2 IBM Corporation Business Overview
7.8.3 IBM Corporation Smart Factory and Manufacturing Major Product Offerings
7.8.4 IBM Corporation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.8.5 IBM Corporation Key News & Latest Developments
7.9 Kuka AG
7.9.1 Kuka AG Company Summary
7.9.2 Kuka AG Business Overview
7.9.3 Kuka AG Smart Factory and Manufacturing Major Product Offerings
7.9.4 Kuka AG Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.9.5 Kuka AG Key News & Latest Developments
7.10 OMRON Corporation
7.10.1 OMRON Corporation Company Summary
7.10.2 OMRON Corporation Business Overview
7.10.3 OMRON Corporation Smart Factory and Manufacturing Major Product Offerings
7.10.4 OMRON Corporation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.10.5 OMRON Corporation Key News & Latest Developments
7.11 Mitsubishi Electric Corporation
7.11.1 Mitsubishi Electric Corporation Company Summary
7.11.2 Mitsubishi Electric Corporation Business Overview
7.11.3 Mitsubishi Electric Corporation Smart Factory and Manufacturing Major Product Offerings
7.11.4 Mitsubishi Electric Corporation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.11.5 Mitsubishi Electric Corporation Key News & Latest Developments
7.12 Rockwell Automation Inc.
7.12.1 Rockwell Automation Inc. Company Summary
7.12.2 Rockwell Automation Inc. Business Overview
7.12.3 Rockwell Automation Inc. Smart Factory and Manufacturing Major Product Offerings
7.12.4 Rockwell Automation Inc. Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.12.5 Rockwell Automation Inc. Key News & Latest Developments
7.13 Schneider Electric
7.13.1 Schneider Electric Company Summary
7.13.2 Schneider Electric Business Overview
7.13.3 Schneider Electric Smart Factory and Manufacturing Major Product Offerings
7.13.4 Schneider Electric Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.13.5 Schneider Electric Key News & Latest Developments
7.14 Siemens AG
7.14.1 Siemens AG Company Summary
7.14.2 Siemens AG Business Overview
7.14.3 Siemens AG Smart Factory and Manufacturing Major Product Offerings
7.14.4 Siemens AG Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.14.5 Siemens AG Key News & Latest Developments
7.15 Aquarius Software
7.15.1 Aquarius Software Company Summary
7.15.2 Aquarius Software Business Overview
7.15.3 Aquarius Software Smart Factory and Manufacturing Major Product Offerings
7.15.4 Aquarius Software Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.15.5 Aquarius Software Key News & Latest Developments
7.16 Hexagon AB
7.16.1 Hexagon AB Company Summary
7.16.2 Hexagon AB Business Overview
7.16.3 Hexagon AB Smart Factory and Manufacturing Major Product Offerings
7.16.4 Hexagon AB Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.16.5 Hexagon AB Key News & Latest Developments
7.17 InSource Solutions
7.17.1 InSource Solutions Company Summary
7.17.2 InSource Solutions Business Overview
7.17.3 InSource Solutions Smart Factory and Manufacturing Major Product Offerings
7.17.4 InSource Solutions Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.17.5 InSource Solutions Key News & Latest Developments
7.18 Litmus Automation
7.18.1 Litmus Automation Company Summary
7.18.2 Litmus Automation Business Overview
7.18.3 Litmus Automation Smart Factory and Manufacturing Major Product Offerings
7.18.4 Litmus Automation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.18.5 Litmus Automation Key News & Latest Developments
7.19 Panasonic Corporation
7.19.1 Panasonic Corporation Company Summary
7.19.2 Panasonic Corporation Business Overview
7.19.3 Panasonic Corporation Smart Factory and Manufacturing Major Product Offerings
7.19.4 Panasonic Corporation Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.19.5 Panasonic Corporation Key News & Latest Developments
7.20 Progea International SA
7.20.1 Progea International SA Company Summary
7.20.2 Progea International SA Business Overview
7.20.3 Progea International SA Smart Factory and Manufacturing Major Product Offerings
7.20.4 Progea International SA Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.20.5 Progea International SA Key News & Latest Developments
7.21 Deloitte
7.21.1 Deloitte Company Summary
7.21.2 Deloitte Business Overview
7.21.3 Deloitte Smart Factory and Manufacturing Major Product Offerings
7.21.4 Deloitte Smart Factory and Manufacturing Revenue in Global Market (2018-2023)
7.21.5 Deloitte Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
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