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Global Smart Factory Market 2025 by Company, Regions, Type and Application, Forecast to 2029
Synopsis
The global Smart Factory market size was valued at USD 84220 million in 2022 and is forecast to a readjusted size of USD 164620 million by 2029 with a CAGR of 10.0% during review period.
A smart factory is a digitised manufacturing facility that uses connected devices, machinery and production systems to continuously collect and share data.
Rapid technological advancements and digital trends such as industrial IoT (Internet of Things), 5G, etc., are anticipated to boost the establishment of smart factories across the world.
Global Smart Factory key players include Siemens, ABB, Atos SE, Cisco Systems Inc. and General Electric. Global top five manufacturers hold a share nearly 20%.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Smart Factory Hardware is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Automotive, followed by Electrical & Electronics, Energy & Utilities and Food & Beverages.
The Global Info Research report includes an overview of the development of the Smart Factory industry chain, the market status of Automotive (Smart Factory Hardware, Smart Factory Software), Aerospace & Defence (Smart Factory Hardware, Smart Factory Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smart Factory.
Regionally, the report analyzes the Smart Factory markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smart Factory market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Smart Factory market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smart Factory industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Smart Factory Hardware, Smart Factory Software).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smart Factory market.
Regional Analysis: The report involves examining the Smart Factory market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smart Factory market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Smart Factory:
Company Analysis: Report covers individual Smart Factory players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smart Factory This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace & Defence).
Technology Analysis: Report covers specific technologies relevant to Smart Factory. It assesses the current state, advancements, and potential future developments in Smart Factory areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smart Factory market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Smart Factory market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Smart Factory Hardware
Smart Factory Software
Smart Factory Services
Market segment by Application
Automotive
Aerospace & Defence
Electrical & Electronics
Food & Beverages
Energy & Utilities
Healthcare & Pharmaceuticals
Others
Market segment by players, this report covers
Siemens
ABB
Atos SE
Cisco Systems Inc.
General Electric
Emerson
Bosch
Honeywell
Microsoft Corporation
IBM
Schnieder Electric
Oracle Corporation
Rockwell Automation Inc.
SAP SE
Yokogawa Electric
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Factory product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Factory, with revenue, gross margin and global market share of Smart Factory from 2018 to 2023.
Chapter 3, the Smart Factory competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Smart Factory market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Factory.
Chapter 13, to describe Smart Factory research findings and conclusion.
The global Smart Factory market size was valued at USD 84220 million in 2022 and is forecast to a readjusted size of USD 164620 million by 2029 with a CAGR of 10.0% during review period.
A smart factory is a digitised manufacturing facility that uses connected devices, machinery and production systems to continuously collect and share data.
Rapid technological advancements and digital trends such as industrial IoT (Internet of Things), 5G, etc., are anticipated to boost the establishment of smart factories across the world.
Global Smart Factory key players include Siemens, ABB, Atos SE, Cisco Systems Inc. and General Electric. Global top five manufacturers hold a share nearly 20%.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Smart Factory Hardware is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Automotive, followed by Electrical & Electronics, Energy & Utilities and Food & Beverages.
The Global Info Research report includes an overview of the development of the Smart Factory industry chain, the market status of Automotive (Smart Factory Hardware, Smart Factory Software), Aerospace & Defence (Smart Factory Hardware, Smart Factory Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smart Factory.
Regionally, the report analyzes the Smart Factory markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smart Factory market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Smart Factory market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smart Factory industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Smart Factory Hardware, Smart Factory Software).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smart Factory market.
Regional Analysis: The report involves examining the Smart Factory market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smart Factory market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Smart Factory:
Company Analysis: Report covers individual Smart Factory players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smart Factory This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace & Defence).
Technology Analysis: Report covers specific technologies relevant to Smart Factory. It assesses the current state, advancements, and potential future developments in Smart Factory areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smart Factory market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Smart Factory market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Market segment by Type
Smart Factory Hardware
Smart Factory Software
Smart Factory Services
Market segment by Application
Automotive
Aerospace & Defence
Electrical & Electronics
Food & Beverages
Energy & Utilities
Healthcare & Pharmaceuticals
Others
Market segment by players, this report covers
Siemens
ABB
Atos SE
Cisco Systems Inc.
General Electric
Emerson
Bosch
Honeywell
Microsoft Corporation
IBM
Schnieder Electric
Oracle Corporation
Rockwell Automation Inc.
SAP SE
Yokogawa Electric
Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Factory product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Factory, with revenue, gross margin and global market share of Smart Factory from 2018 to 2023.
Chapter 3, the Smart Factory competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Smart Factory market forecast, by regions, type and application, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Factory.
Chapter 13, to describe Smart Factory research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Smart Factory
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Smart Factory by Type
1.3.1 Overview: Global Smart Factory Market Size by Type: 2018 Versus 2022 Versus 2029
1.3.2 Global Smart Factory Consumption Value Market Share by Type in 2022
1.3.3 Smart Factory Hardware
1.3.4 Smart Factory Software
1.3.5 Smart Factory Services
1.4 Global Smart Factory Market by Application
1.4.1 Overview: Global Smart Factory Market Size by Application: 2018 Versus 2022 Versus 2029
1.4.2 Automotive
1.4.3 Aerospace & Defence
1.4.4 Electrical & Electronics
1.4.5 Food & Beverages
1.4.6 Energy & Utilities
1.4.7 Healthcare & Pharmaceuticals
1.4.8 Others
1.5 Global Smart Factory Market Size & Forecast
1.6 Global Smart Factory Market Size and Forecast by Region
1.6.1 Global Smart Factory Market Size by Region: 2018 VS 2022 VS 2029
1.6.2 Global Smart Factory Market Size by Region, (2018-2029)
1.6.3 North America Smart Factory Market Size and Prospect (2018-2029)
1.6.4 Europe Smart Factory Market Size and Prospect (2018-2029)
1.6.5 Asia-Pacific Smart Factory Market Size and Prospect (2018-2029)
1.6.6 South America Smart Factory Market Size and Prospect (2018-2029)
1.6.7 Middle East and Africa Smart Factory Market Size and Prospect (2018-2029)
2 Company Profiles
2.1 Siemens
2.1.1 Siemens Details
2.1.2 Siemens Major Business
2.1.3 Siemens Smart Factory Product and Solutions
2.1.4 Siemens Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 Siemens Recent Developments and Future Plans
2.2 ABB
2.2.1 ABB Details
2.2.2 ABB Major Business
2.2.3 ABB Smart Factory Product and Solutions
2.2.4 ABB Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 ABB Recent Developments and Future Plans
2.3 Atos SE
2.3.1 Atos SE Details
2.3.2 Atos SE Major Business
2.3.3 Atos SE Smart Factory Product and Solutions
2.3.4 Atos SE Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Atos SE Recent Developments and Future Plans
2.4 Cisco Systems Inc.
2.4.1 Cisco Systems Inc. Details
2.4.2 Cisco Systems Inc. Major Business
2.4.3 Cisco Systems Inc. Smart Factory Product and Solutions
2.4.4 Cisco Systems Inc. Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Cisco Systems Inc. Recent Developments and Future Plans
2.5 General Electric
2.5.1 General Electric Details
2.5.2 General Electric Major Business
2.5.3 General Electric Smart Factory Product and Solutions
2.5.4 General Electric Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 General Electric Recent Developments and Future Plans
2.6 Emerson
2.6.1 Emerson Details
2.6.2 Emerson Major Business
2.6.3 Emerson Smart Factory Product and Solutions
2.6.4 Emerson Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Emerson Recent Developments and Future Plans
2.7 Bosch
2.7.1 Bosch Details
2.7.2 Bosch Major Business
2.7.3 Bosch Smart Factory Product and Solutions
2.7.4 Bosch Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Bosch Recent Developments and Future Plans
2.8 Honeywell
2.8.1 Honeywell Details
2.8.2 Honeywell Major Business
2.8.3 Honeywell Smart Factory Product and Solutions
2.8.4 Honeywell Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Honeywell Recent Developments and Future Plans
2.9 Microsoft Corporation
2.9.1 Microsoft Corporation Details
2.9.2 Microsoft Corporation Major Business
2.9.3 Microsoft Corporation Smart Factory Product and Solutions
2.9.4 Microsoft Corporation Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Microsoft Corporation Recent Developments and Future Plans
2.10 IBM
2.10.1 IBM Details
2.10.2 IBM Major Business
2.10.3 IBM Smart Factory Product and Solutions
2.10.4 IBM Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 IBM Recent Developments and Future Plans
2.11 Schnieder Electric
2.11.1 Schnieder Electric Details
2.11.2 Schnieder Electric Major Business
2.11.3 Schnieder Electric Smart Factory Product and Solutions
2.11.4 Schnieder Electric Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Schnieder Electric Recent Developments and Future Plans
2.12 Oracle Corporation
2.12.1 Oracle Corporation Details
2.12.2 Oracle Corporation Major Business
2.12.3 Oracle Corporation Smart Factory Product and Solutions
2.12.4 Oracle Corporation Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Oracle Corporation Recent Developments and Future Plans
2.13 Rockwell Automation Inc.
2.13.1 Rockwell Automation Inc. Details
2.13.2 Rockwell Automation Inc. Major Business
2.13.3 Rockwell Automation Inc. Smart Factory Product and Solutions
2.13.4 Rockwell Automation Inc. Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 Rockwell Automation Inc. Recent Developments and Future Plans
2.14 SAP SE
2.14.1 SAP SE Details
2.14.2 SAP SE Major Business
2.14.3 SAP SE Smart Factory Product and Solutions
2.14.4 SAP SE Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 SAP SE Recent Developments and Future Plans
2.15 Yokogawa Electric
2.15.1 Yokogawa Electric Details
2.15.2 Yokogawa Electric Major Business
2.15.3 Yokogawa Electric Smart Factory Product and Solutions
2.15.4 Yokogawa Electric Smart Factory Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Yokogawa Electric Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Smart Factory Revenue and Share by Players (2018-2023)
3.2 Market Share Analysis (2022)
3.2.1 Market Share of Smart Factory by Company Revenue
3.2.2 Top 3 Smart Factory Players Market Share in 2022
3.2.3 Top 6 Smart Factory Players Market Share in 2022
3.3 Smart Factory Market: Overall Company Footprint Analysis
3.3.1 Smart Factory Market: Region Footprint
3.3.2 Smart Factory Market: Company Product Type Footprint
3.3.3 Smart Factory Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Smart Factory Consumption Value and Market Share by Type (2018-2023)
4.2 Global Smart Factory Market Forecast by Type (2024-2029)
5 Market Size Segment by Application
5.1 Global Smart Factory Consumption Value Market Share by Application (2018-2023)
5.2 Global Smart Factory Market Forecast by Application (2024-2029)
6 North America
6.1 North America Smart Factory Consumption Value by Type (2018-2029)
6.2 North America Smart Factory Consumption Value by Application (2018-2029)
6.3 North America Smart Factory Market Size by Country
6.3.1 North America Smart Factory Consumption Value by Country (2018-2029)
6.3.2 United States Smart Factory Market Size and Forecast (2018-2029)
6.3.3 Canada Smart Factory Market Size and Forecast (2018-2029)
6.3.4 Mexico Smart Factory Market Size and Forecast (2018-2029)
7 Europe
7.1 Europe Smart Factory Consumption Value by Type (2018-2029)
7.2 Europe Smart Factory Consumption Value by Application (2018-2029)
7.3 Europe Smart Factory Market Size by Country
7.3.1 Europe Smart Factory Consumption Value by Country (2018-2029)
7.3.2 Germany Smart Factory Market Size and Forecast (2018-2029)
7.3.3 France Smart Factory Market Size and Forecast (2018-2029)
7.3.4 United Kingdom Smart Factory Market Size and Forecast (2018-2029)
7.3.5 Russia Smart Factory Market Size and Forecast (2018-2029)
7.3.6 Italy Smart Factory Market Size and Forecast (2018-2029)
8 Asia-Pacific
8.1 Asia-Pacific Smart Factory Consumption Value by Type (2018-2029)
8.2 Asia-Pacific Smart Factory Consumption Value by Application (2018-2029)
8.3 Asia-Pacific Smart Factory Market Size by Region
8.3.1 Asia-Pacific Smart Factory Consumption Value by Region (2018-2029)
8.3.2 China Smart Factory Market Size and Forecast (2018-2029)
8.3.3 Japan Smart Factory Market Size and Forecast (2018-2029)
8.3.4 South Korea Smart Factory Market Size and Forecast (2018-2029)
8.3.5 India Smart Factory Market Size and Forecast (2018-2029)
8.3.6 Southeast Asia Smart Factory Market Size and Forecast (2018-2029)
8.3.7 Australia Smart Factory Market Size and Forecast (2018-2029)
9 South America
9.1 South America Smart Factory Consumption Value by Type (2018-2029)
9.2 South America Smart Factory Consumption Value by Application (2018-2029)
9.3 South America Smart Factory Market Size by Country
9.3.1 South America Smart Factory Consumption Value by Country (2018-2029)
9.3.2 Brazil Smart Factory Market Size and Forecast (2018-2029)
9.3.3 Argentina Smart Factory Market Size and Forecast (2018-2029)
10 Middle East & Africa
10.1 Middle East & Africa Smart Factory Consumption Value by Type (2018-2029)
10.2 Middle East & Africa Smart Factory Consumption Value by Application (2018-2029)
10.3 Middle East & Africa Smart Factory Market Size by Country
10.3.1 Middle East & Africa Smart Factory Consumption Value by Country (2018-2029)
10.3.2 Turkey Smart Factory Market Size and Forecast (2018-2029)
10.3.3 Saudi Arabia Smart Factory Market Size and Forecast (2018-2029)
10.3.4 UAE Smart Factory Market Size and Forecast (2018-2029)
11 Market Dynamics
11.1 Smart Factory Market Drivers
11.2 Smart Factory Market Restraints
11.3 Smart Factory Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
11.5 Influence of COVID-19 and Russia-Ukraine War
11.5.1 Influence of COVID-19
11.5.2 Influence of Russia-Ukraine War
12 Industry Chain Analysis
12.1 Smart Factory Industry Chain
12.2 Smart Factory Upstream Analysis
12.3 Smart Factory Midstream Analysis
12.4 Smart Factory Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
Published By : GlobalInfoResearch
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