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Smart Factory Market by Technology (DCS, PLC, MES, ERP, SDADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), End-User Industry, and Region - Global Forecast to 2022

Smart Factory Market by Technology (DCS, PLC, MES, ERP, SDADA, PAM, HMI, PLM), Component (Sensors, Industrial Robots, Machine Vision Systems, Industrial 3D Printing), End-User Industry, and Region - Global Forecast to 2022

“Smart factory market expected to exhibit significant growth potential between 2017 and 2022”
The smart factory market is projected to grow at a CAGR of 9.3% between 2017 and 2022, to reach USD 205.42 billion by 2022. The key driving factors for the growth of the smart factory market are the increase in adoption of industrial robots, the evolution of Internet of Things (IoT), growth in demand for smart automation solutions, and increase in emphasis on regulatory compliances. However, the factors such as huge capital investments and the risks associated with security of cyber-physical system are the major factors restraining the growth of this market.

“DCS technology expected to hold a major share of the smart factory market during the forecast period”
DCS technology is expected to hold a major share of the market by 2022. This growth is attributed to a high rate of industrialization in the developing economies. The developing regions are witnessing the expansion of the manufacturing activities at the highest pace due to the availability of skilled workforce, low labor cost, and availability of resources. Developing countries have expansion and capacity addition plans related to the power sector, which would boost the demand for DCS.

“Market for industrial 3D printing expected to grow at the highest rate between 2017 and 2022”
The industrial 3D printing market is projected to grow at the highest rate between 2017 and 2022. The market growth is attributed to the increasing adoption of 3D printing technology in industries such as automotive, aerospace and defense, food and beverages, and semiconductor and electronics.

“Market for the automotive industry to account for largest share of the global smart factory market, during the forecast period”
The automotive industry is expected to hold the largest size of the smart factory market during the forecast period. Advancement in automotive manufacturing technologies and an increase in investment by key automotive manufacturers are some of the factors expected to drive the market for the automotive industry. Smart manufacturing plays a key role in the development and production of quality automobiles. Innovations in the assembly line methods are welcomed by the vehicle manufacturers to enhance quality and increase factory productivity.

“Smart factory market in APAC expected to grow at the highest rate during the forecast period”
The smart factory market in the APAC region is projected to grow at the highest rate between 2017 and 2022. The growth of the market is primarily driven by the growing manufacturing sector in the region. Furthermore, continuous advancements and technological innovations in various industries; economic development in China, Japan, and India; growth in infrastructural developments in other countries in Southeast Asia; and an increase in foreign investments in this region are driving the growth of the smart factory market in the region.

The breakdown of the profiles of primary participants for the report has been given below:
• By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20%
• By Designation: C-Level Executives = 70%, Directors = 20%, and Others = 10%
• By Region: North America = 40%, Europe = 35%, APAC = 15%, and RoW = 10%
The key players in the smart factory market include ABB Ltd.(Switzerland), Atos SE (France), Emerson Electric Co. (U.S.), FANUC Corporation (Japan), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

Research Coverage:
The research report analyzes the smart factory market based on the following segments—technology, component, end-user industry, and region. The market has been segmented on the basis of technology into Product Life Cycle Management (PLM), Manufacturing Execution Systems (MES), Programmable Logic Controller (PLC), Supervisory Control and Data Acquisition System (SCADA), Enterprise Resource Planning (ERP), Distributed Control System (DCS), Human Machine Interface (HMI), and Plant Asset Management (PAM). The report covers the market segmented on the basis of component into sensors, machine vision systems, industrial 3D printing, and industrial robots. The market has been segmented on the basis of end-user industries into process and discrete industry. Additionally, process industries have been segmented into oil and gas, food and beverages, energy and power, mining and metals, chemical, pharmaceutical, pulp and paper, others (cement and glass, and water and wastewater management). Discrete industries include automotive, aerospace and defense, semiconductor and electronics, machine manufacturing, medical devices, and others (printing and packaging). The report also covers the market segmented on the basis of four major regions: North America, Europe, APAC, and RoW.

Key Benefits of Buying the Report:
Illustrative segmentation, analysis, and forecast for the market based on technology, component, end-user industry, and region have been provided to give an overall view of the smart factory market.
The detailed value chain analysis has been providing to offer an in-depth insight into the smart factory market.
The major drivers, restraints, opportunities, and challenges for the smart factory market have been detailed in this report.
The report includes the detailed competitive landscape along with the key players and their revenues.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
    • VALUE CHAIN ANALYSIS-INDUSTRIAL AUTOMATION INDUSTRY
    • SECONDARY AND PRIMARY RESEARCH
      • SECONDARY DATA
        • Table LIST OF MAJOR SECONDARY SOURCES
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table SMART FACTORY MARKET, BY OFFERING, 2014-2022 (USD BILLION)
  • PREMIUM INSIGHTS
    • SMART FACTORY MARKET, 2017-2022 (USD BILLION)
    • SMART FACTORY MARKET, BY COMPONENT (2017-2022)
    • SMART FACTORY MARKET, BY TECHNOLOGY (2017)
    • SMART FACTORY MARKET, BY PROCESS INDUSTRY AND REGION (2017)
    • SMART FACTORY MARKET, BY REGION (2017)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
      • INDUSTRY 1.0:
      • INDUSTRY 2.0:
      • INDUSTRY 3.0:
      • INDUSTRY 4.0 (SMART FACTORY):
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • ELEMENTS OF THE SMART FACTORY ECOSYSTEM
  • IOT IN MANUFACTURING AND FACTORY AUTOMATION PAAS
    • IOT IN MANUFACTURING
      • INCREASING DEMAND FOR THE INDUSTRY-SPECIFIC SOLUTIONS EXPECTED TO DRIVE THE GROWTH OF THE MARKET FOR IOT IN MANUFACTURING
    • FACTORY AUTOMATION PLATFORM AS A SERVICE (FA PAAS)
      • GROWING ADOPTION OF CLOUD TECHNOLOGY ACROSS VARIOUS END-USER INDUSTRIES LIKELY TO ENCOURAGE THE ADOPTION OF FA PAAS
  • SMART FACTORY MARKET, BY TECHNOLOGY
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY TECHNOLOGY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR TECHNOLOGY, BY END-USER INDUSTRY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR TECHNOLOGY, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR TECHNOLOGY, BY DISCRETE INDUSTRY, 2014-2022 (USD BILLION)
    • PRODUCT LIFECYCLE MANAGEMENT
      • RISING DEMAND FOR EFFICIENCY AND PRODUCTIVITY IN THE MANUFACTURING PLANTS ACROSS THE GLOBE
        • Table SMART FACTORY MARKET FOR PLM, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR PLM, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR PLM, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
    • MANUFACTURING EXECUTION SYSTEM
      • HIGH RATE OF ADOPTION OF MES OWING TO ITS INCREASING BENEFITS IN PROCESS AND DISCRETE INDUSTRIES
        • Table SMART FACTORY MARKET FOR MES, BY REGION, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR MES, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR MES, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION
    • PROGRAMMABLE LOGIC CONTROLLER
      • GROWING REQUIREMENT OF COMPACT AUTOMATION SOLUTIONS IN SMART FACTORIES
        • Table SMART FACTORY MARKET FOR PLC, BY REGION, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR PLC, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
    • SUPERVISORY CONTROL AND DATA ACQUISITION
      • SHIFT TOWARD DEVELOPMENT OF SCADA APP FOR SMARTPHONES AND TABLES TO ENCOURAGE SMART FACTORY MARKET GROWTH
        • Table SMART FACTORY MARKET FOR SCADA, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR SCADA, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR SCADA, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
    • ENTERPRISE RESOURCE PLANNING
      • ABILITY TO INTEGRATE ALL THE CRITICAL BUSINESS INFORMATION ACROSS AN ORGANIZATION BOOSTS THE ADOPTION OF ERP SOLUTIONS IN SMART FACTORIES
        • Table SMART FACTORY MARKET FOR ERP, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR ERP, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR ERP, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
    • DISTRIBUTED CONTROL SYSTEM
      • EXPANDING INDUSTRIAL INFRASTRUCTURE IN DEVELOPING REGIONS
        • Table SMART FACTORY MARKET FOR DCS, BY REGION, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR DCS, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
    • HUMAN MACHINE INTERFACE
      • EVOLUTION OF INDUSTRIAL INTERNET OF THINGS (IIOT) AND GROWING DEMAND OF SMART AUTOMATION SOLUTIONS DRIVES THE MARKET GROWTH
        • Table SMART FACTORY MARKET FOR HMI, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR HMI, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR HMI, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
    • PLANT ASSET MANAGEMENT
      • INCREASING DEMAND FOR SOFTWARE SOLUTIONS CAPABLE OF DETERMINING THE FAILURE IN ADVANCE TO AVOID FUTURE LOSS
        • Table SMART FACTORY MARKET FOR PAM, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR PAM, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR PAM, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
  • SMART FACTORY MARKET, BY COMPONENT
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY COMPONENT, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR COMPONENT, BY END-USER INDUSTRY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR COMPONENTS, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR COMPONENT, BY DISCRETE INDUSTRY, 2014-2022 (USD BILLION)
    • SENSORS
      • ADVANCEMENT IN SENSOR TECHNOLOGY EXPECTED TO DRIVE SMART FACTORY MARKET
        • Table SMART FACTORY MARKET FOR SENSORS, BY REGION, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR SENSORS, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR SENSORS, BY DISCRETE INDUSTRY, 2014-2022 (USD BILLION)
    • INDUSTRIAL ROBOTS
      • Table SMART FACTORY MARKET FOR INDUSTRIAL ROBOTS, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
      • Table SMART FACTORY MARKET FOR INDUSTRIAL ROBOTS, BY DISCRETE INDUSTRY, 2014-2022 (USD BILLION)
      • COLLABORATIVE ROBOTS
      • ARTICULATED ROBOTS
      • CARTESIAN ROBOTS
      • SCARA ROBOTS
      • CYLINDRICAL ROBOTS
      • OTHER ROBOTS
    • INDUSTRIAL 3D PRINTING
      • AVAILABILITY OF NEW INDUSTRIAL 3D PRINTING MATERIALS INCREASES ADOPTION OF INDUSTRIAL 3D PRINTING
        • Table SMART FACTORY MARKET FOR INDUSTRIAL 3D PRINTING, BY REGION, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR INDUSTRIAL 3D PRINTING, BY PROCESS INDUSTRY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR INDUSTRIAL 3D PRINTING, BY DISCRETE INDUSTRY, 2014-2022 (USD MILLION)
    • MACHINE VISION SYSTEMS
      • INCREASING EMPHASIS ON QUALITY CONTROL IN SMART FACTORIES ANTICIPATED TO DRIVE THE ADOPTION OF MACHINE VISON SYSTEM
        • Table SMART FACTORY MARKET FOR MACHINE VISION SYSTEMS, BY REGION, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR MACHINE VISION SYSTEMS, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR MACHINE VISION SYSTEMS, BY DISCRETE INDUSTRY, 2014-2022 (USD BILLION)
      • CAMERA
      • FRAME GRABBERS, OPTICS, AND LED LIGHTING
      • PROCESSOR AND SOFTWARE
    • COMMUNICATION TECHNOLOGY
      • WIRED TECHNOLOGY
      • WIRELESS TECHNOLOGY
    • CONTROL DEVICES
    • CONTROL VALVES
  • SMART FACTORY MARKET, BY END-USER INDUSTRY
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY END-USER INDUSTRY, 2014-2022 (USD BILLION)
    • PROCESS INDUSTRY
      • Table SMART FACTORY MARKET, BY PROCESS INDUSTRY, 2014-2022 (USD BILLION)
      • OIL AND GAS
      • CHEMICAL
      • PULP AND PAPER
      • PHARMACEUTICAL
      • MINING AND METALS
      • FOOD AND BEVERAGES
      • ENERGY AND POWER
      • OTHERS
        • Table SMART FACTORY MARKET FOR PROCESS INDUSTRY, BY TECHNOLOGY, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR PROCESS INDUSTRY, BY COMPONENT, 2014-2022 (USD BILLION)
    • DISCRETE INDUSTRY
      • Table SMART FACTORY MARKET, BY DISCRETE INDUSTRY, 2014-2022, (USD BILLION)
      • AUTOMOTIVE
      • AEROSPACE AND DEFENSE
      • SEMICONDUCTOR AND ELECTRONICS
      • MACHINE MANUFACTURING
      • MEDICAL DEVICES
      • OTHERS
        • Table SMART FACTORY MARKET FOR DISCRETE INDUSTRY, BY TECHNOLOGY, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR DISCRETE INDUSTRY, BY COMPONENT, 2014-2022 (USD BILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY REGION, 2014-2022 (USD BILLION)
    • NORTH AMERICA
      • Table SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2022 (USD BILLION)
      • U.S.
      • CANADA
      • MEXICO
    • EUROPE
      • Table SMART FACTORY MARKET IN EUROPE, BY COUNTRY, 2014-2022, (USD BILLION)
      • U.K.
      • GERMANY
        • Table SMART FACTORY MARKET IN GERMANY, BY OFFERING, 2014-2022, (USD BILLION)
        • Table SMART FACTORY MARKET IN GERMANY, BY TECHNOLOGY, 2014-2022, (USD MILLION)
        • Table SMART FACTORY MARKET IN GERMANY, BY COMPONENT, 2014-2022, (USD MILLION)
      • FRANCE
      • ITALY
      • REST OF EUROPE
    • APAC
      • Table SMART FACTORY MARKET IN APAC, BY COUNTRY, 2014-2022, (USD BILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • Table SMART FACTORY MARKET IN ROW, BY COUNTRY, 2014-2022 (USD BILLION)
      • SOUTH AMERICA
        • Table SMART FACTORY MARKET IN SOUTH AMERICA, BY OFFERING, 2014-2022 (USD BILLION)
        • Table SMART FACTORY MARKET IN SOUTH AMERICA, BY TECHNOLOGY, 2014-2022 (USD MILLION)
        • Table SMART FACTORY MARKET IN SOUTH AMERICA, BY COMPONENT, 2014-2022 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE ANALYSIS
      • MARKET RANKING ANALYSIS: SMART FACTORY MARKET, 2016
        • Table MARKET RANKING OF THE TOP 5 PLAYERS IN THE SMART FACTORY MARKET, 2015
    • SMART FACTORY MARKET DIVE CHART
      • INTRODUCTION
      • MICRO QUADRANT
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES AND DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES AND DEVELOPMENTS
      • PARTNERSHIPS, CONTRACTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, CONTRACTS, AND COLLABORATIONS
      • ACQUISITIONS AND EXPANSIONS
        • Table ACQUISITIONS AND EXPANSIONS
  • COMPANY PROFILES
    • INTRODUCTION
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • GENERAL ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ROCKWELL AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • HONEYWELL INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • FANUC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • MITSUBISHI ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • EMERSON ELECTRIC CO.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • YOKOGAWA ELECTRIC CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ATOS SE
      • BUSINESS OVERVIEW
      • PRODUCT OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • ROBERT BOSCH GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • BUSINESS STRATEGY
      • RECENT DEVELOPMENTS
      • KEY RELATIONSHIPS
    • KEY INNOVATORS
      • SMART FACTORY SOLUTIONS
      • WORXIMITY TECHNOLOGY INC.
      • FLUTURA
      • KONUX INC.
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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