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Synopsis
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.
The global Smart Factory market was valued at US$ 81850 million in 2023 and is anticipated to reach US$ 161580 million by 2030, witnessing a CAGR of 10.5% during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Smart Factory, 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.
Report Scope
The Smart Factory market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Factory market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Smart Factory companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- 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
Segment by Type
- Smart Factory Hardware
- Smart Factory Software
- Smart Factory Services
Segment by Application
- Automotive
- Aerospace & Defence
- Electrical & Electronics
- Food & Beverages
- Energy & Utilities
- Healthcare & Pharmaceuticals
- Others
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Smart Factory companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Factory Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Smart Factory Hardware
1.2.3 Smart Factory Software
1.2.4 Smart Factory Services
1.3 Market by Application
1.3.1 Global Smart Factory Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Automotive
1.3.3 Aerospace & Defence
1.3.4 Electrical & Electronics
1.3.5 Food & Beverages
1.3.6 Energy & Utilities
1.3.7 Healthcare & Pharmaceuticals
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Factory Market Perspective (2019-2030)
2.2 Smart Factory Growth Trends by Region
2.2.1 Global Smart Factory Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Factory Historic Market Size by Region (2019-2024)
2.2.3 Smart Factory Forecasted Market Size by Region (2025-2030)
2.3 Smart Factory Market Dynamics
2.3.1 Smart Factory Industry Trends
2.3.2 Smart Factory Market Drivers
2.3.3 Smart Factory Market Challenges
2.3.4 Smart Factory Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Factory Players by Revenue
3.1.1 Global Top Smart Factory Players by Revenue (2019-2024)
3.1.2 Global Smart Factory Revenue Market Share by Players (2019-2024)
3.2 Global Smart Factory Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Factory Revenue
3.4 Global Smart Factory Market Concentration Ratio
3.4.1 Global Smart Factory Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Factory Revenue in 2023
3.5 Smart Factory Key Players Head office and Area Served
3.6 Key Players Smart Factory Product Solution and Service
3.7 Date of Enter into Smart Factory Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Factory Breakdown Data by Type
4.1 Global Smart Factory Historic Market Size by Type (2019-2024)
4.2 Global Smart Factory Forecasted Market Size by Type (2025-2030)
5 Smart Factory Breakdown Data by Application
5.1 Global Smart Factory Historic Market Size by Application (2019-2024)
5.2 Global Smart Factory Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Factory Market Size (2019-2030)
6.2 North America Smart Factory Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Factory Market Size by Country (2019-2024)
6.4 North America Smart Factory Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Factory Market Size (2019-2030)
7.2 Europe Smart Factory Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Factory Market Size by Country (2019-2024)
7.4 Europe Smart Factory Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Smart Factory Market Size (2019-2030)
8.2 Asia-Pacific Smart Factory Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Factory Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Factory Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Smart Factory Market Size (2019-2030)
9.2 Latin America Smart Factory Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Factory Market Size by Country (2019-2024)
9.4 Latin America Smart Factory Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Factory Market Size (2019-2030)
10.2 Middle East & Africa Smart Factory Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Factory Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Factory Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Siemens
11.1.1 Siemens Company Detail
11.1.2 Siemens Business Overview
11.1.3 Siemens Smart Factory Introduction
11.1.4 Siemens Revenue in Smart Factory Business (2019-2024)
11.1.5 Siemens Recent Development
11.2 ABB
11.2.1 ABB Company Detail
11.2.2 ABB Business Overview
11.2.3 ABB Smart Factory Introduction
11.2.4 ABB Revenue in Smart Factory Business (2019-2024)
11.2.5 ABB Recent Development
11.3 Atos SE
11.3.1 Atos SE Company Detail
11.3.2 Atos SE Business Overview
11.3.3 Atos SE Smart Factory Introduction
11.3.4 Atos SE Revenue in Smart Factory Business (2019-2024)
11.3.5 Atos SE Recent Development
11.4 Cisco Systems Inc.
11.4.1 Cisco Systems Inc. Company Detail
11.4.2 Cisco Systems Inc. Business Overview
11.4.3 Cisco Systems Inc. Smart Factory Introduction
11.4.4 Cisco Systems Inc. Revenue in Smart Factory Business (2019-2024)
11.4.5 Cisco Systems Inc. Recent Development
11.5 General Electric
11.5.1 General Electric Company Detail
11.5.2 General Electric Business Overview
11.5.3 General Electric Smart Factory Introduction
11.5.4 General Electric Revenue in Smart Factory Business (2019-2024)
11.5.5 General Electric Recent Development
11.6 Emerson
11.6.1 Emerson Company Detail
11.6.2 Emerson Business Overview
11.6.3 Emerson Smart Factory Introduction
11.6.4 Emerson Revenue in Smart Factory Business (2019-2024)
11.6.5 Emerson Recent Development
11.7 Bosch
11.7.1 Bosch Company Detail
11.7.2 Bosch Business Overview
11.7.3 Bosch Smart Factory Introduction
11.7.4 Bosch Revenue in Smart Factory Business (2019-2024)
11.7.5 Bosch Recent Development
11.8 Honeywell
11.8.1 Honeywell Company Detail
11.8.2 Honeywell Business Overview
11.8.3 Honeywell Smart Factory Introduction
11.8.4 Honeywell Revenue in Smart Factory Business (2019-2024)
11.8.5 Honeywell Recent Development
11.9 Microsoft Corporation
11.9.1 Microsoft Corporation Company Detail
11.9.2 Microsoft Corporation Business Overview
11.9.3 Microsoft Corporation Smart Factory Introduction
11.9.4 Microsoft Corporation Revenue in Smart Factory Business (2019-2024)
11.9.5 Microsoft Corporation Recent Development
11.10 IBM
11.10.1 IBM Company Detail
11.10.2 IBM Business Overview
11.10.3 IBM Smart Factory Introduction
11.10.4 IBM Revenue in Smart Factory Business (2019-2024)
11.10.5 IBM Recent Development
11.11 Schnieder Electric
11.11.1 Schnieder Electric Company Detail
11.11.2 Schnieder Electric Business Overview
11.11.3 Schnieder Electric Smart Factory Introduction
11.11.4 Schnieder Electric Revenue in Smart Factory Business (2019-2024)
11.11.5 Schnieder Electric Recent Development
11.12 Oracle Corporation
11.12.1 Oracle Corporation Company Detail
11.12.2 Oracle Corporation Business Overview
11.12.3 Oracle Corporation Smart Factory Introduction
11.12.4 Oracle Corporation Revenue in Smart Factory Business (2019-2024)
11.12.5 Oracle Corporation Recent Development
11.13 Rockwell Automation Inc.
11.13.1 Rockwell Automation Inc. Company Detail
11.13.2 Rockwell Automation Inc. Business Overview
11.13.3 Rockwell Automation Inc. Smart Factory Introduction
11.13.4 Rockwell Automation Inc. Revenue in Smart Factory Business (2019-2024)
11.13.5 Rockwell Automation Inc. Recent Development
11.14 SAP SE
11.14.1 SAP SE Company Detail
11.14.2 SAP SE Business Overview
11.14.3 SAP SE Smart Factory Introduction
11.14.4 SAP SE Revenue in Smart Factory Business (2019-2024)
11.14.5 SAP SE Recent Development
11.15 Yokogawa Electric
11.15.1 Yokogawa Electric Company Detail
11.15.2 Yokogawa Electric Business Overview
11.15.3 Yokogawa Electric Smart Factory Introduction
11.15.4 Yokogawa Electric Revenue in Smart Factory Business (2019-2024)
11.15.5 Yokogawa Electric Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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