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Smart Factory Market by Technology (PLM, MES, PLC, SCADA, ERP, DCS, HMI), Component (Sensors & Actuators, Communication Technologies, Industrial Robotics, Machine Vision), Industry (Process, Discrete), and Geography - Global Forecast to 2022

Smart Factory Market by Technology (PLM, MES, PLC, SCADA, ERP, DCS, HMI), Component (Sensors & Actuators, Communication Technologies, Industrial Robotics, Machine Vision), Industry (Process, Discrete), and Geography - Global Forecast to 2022

“Integration of engineering and manufacturing by the adoption of IoT and advancements in M2M communication technology in the industrial sector are driving the growth of the smart factory market”

The smart factory market size, in terms of value, is expected reach USD 74.80 billion by 2020, at a CAGR of 10.4% between 2016 and 2022. This market is driven by factors such as wide adoption of IOT and technological advancements in M2M communication in the industrial sector, along with the increasing focus on saving energy & improving process efficiency.

“The smart factory market for the process industry is expected to gain the maximum traction during the forecast period”
The discrete industry is expected to hold the largest share of the overall smart factory market during the forecast period. The smart factory market for the process industry market is expected to gain the maximum traction and grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing use of smart factory solutions in various verticals to minimize losses that occur due to the ineffective management of materials.

The smart factory market for the pharmaceuticals industry, which is a subsegment of the process industry, is expected to grow at the highest CAGR during the forecast period. In this industry, automation process is mostly used not only to reduce labor costs but also to improve experimental accuracy and workflow efficiency. The automotive industry held the largest share of the smart factory market for the discrete industry in 2015 and is expected to dominate the market till 2022.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with the key people in the market. The breakdown of the profile of primary participants is given below.

By Company Type: Tier 1 – 42%, Tier 2 – 37%, and Tier 3 – 21%
By Designation: C-Level – 18%, Director Level – 45%, and Others – 37%
By Region: Americas – 22%, Europe – 35%, APAC – 29%, and RoW – 14%

The changing market dynamics has urged the need for smart manufacturing techniques as the real manufacturing world has begun converging with the digital manufacturing. With the increasing demand for smart factory in the process and discrete industries, the market for smart factory is expected to witness lots of growth opportunities 2022.

The key players in the smart factory market profiled in this report are:
1. FANUC Corporation (Oshinomura, Japan)
2. Siemens AG (Munich, Germany)
3. ABB Ltd. (Zurich, Switzerland)
4. Honeywell International, Inc. (New Jersey, U.S.),
5. Yokogawa Electric Corp. (Tokyo, Japan)
6. Schneider Electric (Rueil-Malmaison, France)
7. Atos SE (France)
8. Emerson Electric (U.S.)
9. Freescale Semiconductor, Ltd. (Texas, U.S.)
10. General Electric (U.S.)
11. Johnson Controls, Inc. (Wisconsin, U.S.)
12. Robert Bosch GMBH (Stuttgart, Germany)
13. Rockwell Automation, Inc. (Wisconsin, U.S.)
14. KUKA Aktiengesellschaft (Germany)

Reasons to buy the report:
1. This report segments the smart factory market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across various industries and regions.
2. The report would help stakeholders to understand the pulse of the market by providing them the information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to better understand their competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • DEMAND-SIDE ANALYSIS OF SMART FACTORY MARKET
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET SHARE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table SMART FACTORY MARKET, BASED ON TECHNOLOGY, BY INDUSTRY, 2013-2022 (USD BILLION)
    • Table SMART FACTORY MARKET, BASED ON COMPONENT, BY INDUSTRY, 2013-2022 (USD BILLION)
    • Table SMART FACTORY MARKET, BY REGION, 2013-2022 (USD BILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES FOR SMART FACTORY
    • SMART FACTORY MARKET, BY PROCESS INDUSTRY
    • SMART FACTORY MARKET, BY DISCRETE INDUSTRY
    • THE SMART FACTORY MARKET IN APAC HELD A MAJOR SHARE OF THE OVERALL SMART FACTORY MARKET IN 2015
    • SMART FACTORY MARKET, BY TECHNOLOGY
    • SMART FACTORY MARKET, BY COMPONENT
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET EVOLUTION
    • MARKET SEGMENTATION
      • BY TECHNOLOGY
        • Table SMART FACTORY MARKET, BY TECHNOLOGY
      • BY COMPONENT
        • Table SMART FACTORY MARKET, BY COMPONENT
      • BY INDUSTRY
        • Table SMART FACTORY MARKET, BY INDUSTRY
      • BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table ANALYSIS OF DRIVERS
      • RESTRAINTS
        • Table ANALYSIS OF RESTRAINTS
      • OPPORTUNITIES
        • Table ANALYSIS OF OPPORTUNITIES
      • CHALLENGES
        • Table ANALYSIS OF CHALLENGES
      • BURNING ISSUES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • LEADING TRENDS IN THE SMART FACTORY MARKET
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
  • MARKET BY TECHNOLOGY
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY SEGMENT, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BY TECHNOLOGY, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON TECHNOLOGY, BY INDUSTRY, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON TECHNOLOGY, BY PROCESS INDUSTRY, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON TECHNOLOGY, BY DISCRETE INDUSTRY, 2013-2022 (USD BILLION)
    • PRODUCT LIFE CYCLE MANAGEMENT
      • Table PLM TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table PLM TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table PLM TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • MANUFACTURING EXECUTION SYSTEM
      • Table MES TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table MES TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table MES TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • PROGRAMMABLE LOGIC CONTROLLER
      • Table PLC TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table PLC TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table PLC TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • SUPERVISORY CONTROL AND DATA ACQUISITION
      • Table SCADA TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table SCADA TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table SCADA TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • ENTERPRISE RESOURCE PLANNING
      • Table ERP TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table ERP TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table ERP TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • DISTRIBUTED CONTROL SYSTEM
      • Table DCS TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table DCS TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
    • HUMAN MACHINE INTERFACE
      • Table HMI TECHNOLOGY MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table HMI TECHNOLOGY MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table HMI TECHNOLOGY MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
  • MARKET,BY COMPONENT
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY COMPONENT, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON COMPONENT, BY INDUSTRY, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON COMPONENT, BY PROCESS INDUSTRY, 2013-2022 (USD BILLION)
      • Table SMART FACTORY MARKET, BASED ON COMPONENT, BY DISCRETE INDUSTRY, 2013-2022 (USD BILLION)
    • SENSORS & ACTUATORS
      • Table SENSORS & ACTUATORS MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
      • Table SENSORS & ACTUATORS MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
      • Table SENSORS & ACTUATORS MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • COMMUNICATION TECHNOLOGIES
      • WIRED TECHNOLOGIES
      • WIRELESS TECHNOLOGIES
        • Table COMMUNICATION TECHNOLOGIES MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
        • Table COMMUNICATION TECHNOLOGIES MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
        • Table COMMUNICATION TECHNOLOGIES MARKET, BY DISCRETE INDUSTRY,
    • INDUSTRIAL ROBOTICS
      • JOINTED-ARM ROBOTS
      • CARTESIAN ROBOTS
      • SELECTIVE COMPLIANCE ASSEMBLY ROBOT ARMS
      • CYLINDRICAL ROBOTS
      • OTHER ROBOTS
        • Table INDUSTRIAL ROBOTICS MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
        • Table INDUSTRIAL ROBOTICS MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
        • Table INDUSTRIAL ROBOTICS MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • MACHINE VISION
      • CAMERA
      • FRAME GRABBERS, OPTICS, AND LED LIGHTING
      • PROCESSORS AND SOFTWARE
        • Table MACHINE VISION MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
        • Table MACHINE VISION MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
        • Table MACHINE VISION MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • CONTROL DEVICES
      • DRIVES
      • RELAYS AND SWITCHES
      • SERVO MOTORS
        • Table CONTROL DEVICES MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
        • Table CONTROL DEVICES MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
        • Table CONTROL DEVICES MARKET, BY DISCRETE INDUSTRY, 2013-2022 (USD MILLION)
    • CONTROL VALVES
      • PLUG VALVE
      • BALL VALVE
      • BUTTERFLY VALVE
      • GATE VALVE
      • GLOBE VALVE
      • DIAPHRAGM VALVE
      • OTHERS
        • Table CONTROL VALVES MARKET, BY INDUSTRY, 2013-2022 (USD MILLION)
        • Table CONTROL VALVES MARKET, BY PROCESS INDUSTRY, 2013-2022 (USD MILLION)
  • MARKET BY INDUSTRY
    • INTRODUCTION
    • PROCESS INDUSTRY
      • OIL & GAS
      • CHEMICAL
      • PAPER & PULP
      • PHARMACEUTICALS
      • MINING & METALS
      • FOOD & BEVERAGES
      • PETROCHEMICALS & FERTILIZERS
      • OTHERS
        • Table SMART FACTORY MARKET FOR THE PROCESS INDUSTRY, BY TECHNOLOGY, 2013-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR THE PROCESS INDUSTRY, BY COMPONENT, 2013-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR THE PROCESS INDUSTRY, BY SEGMENT, 2013-2022 (USD BILLION)
    • DISCRETE INDUSTRY
      • AUTOMOTIVE
      • MACHINE MANUFACTURING
      • ELECTRICAL & ELECTRONICS
      • AEROSPACE & DEFENSE
      • OTHERS
        • Table SMART FACTORY MARKET FOR THE DISCRETE INDUSTRY, BY TECHNOLOGY, 2013-2022 (USD MILLION)
        • Table SMART FACTORY MARKET FOR THE DISCRETE INDUSTRY, BY COMPONENT, 2013-2022 (USD BILLION)
        • Table SMART FACTORY MARKET FOR THE DISCRETE INDUSTRY, BY SEGMENT, 2013-2022 (USD BILLION)
  • MARKET,BY GEOGRAPHY
    • INTRODUCTION
      • Table SMART FACTORY MARKET, BY REGION, 2013-2022 (USD BILLION)
    • AMERICAS
      • AMERICAS: A LUCRATIVE MARKET FOR SMART FACTORY
        • Table AMERICAS: SMART FACTORY MARKET, BY REGION, 2013-2022 (USD BILLION)
      • NORTH AMERICA
        • Table NORTH AMERICA: SMART FACTORY MARKET, BY COUNTRY, 2013-2022 (USD BILLION)
      • SOUTH AMERICA
    • EUROPE
      • EUROPE: ONE OF THE EARLY ADOPTERS OF INDUSTRY 4.0
        • Table EUROPE: SMART FACTORY MARKET, BY COUNTRY, 2013-2022 (USD BILLION)
      • U.K.
      • GERMANY
      • FRANCE
      • ITALY
      • REST OF EUROPE
    • APAC
      • APAC: EXPECTED TO DRIVE THE SMART FACTORY MARKET
        • Table APAC: SMART FACTORY MARKET, BY COUNTRY, 2013-2022 (USD BILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD (ROW)
      • ROW: DEVELOPING SMART FACTORY MARKET
        • Table ROW: SMART FACTORY MARKET, BY REGION, 2013-2022 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS OF THE SMART FACTORY MARKET
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES/NEW PRODUCT DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS
      • PARTNERSHIPS & AGREEMENTS
        • Table PARTNERSHIPS, CONTRACTS, AGREEMENTS, AND JOINT VENTURES
      • OTHER DEVELOPMENTS
        • Table OTHER STRATEGIES
  • COMPANY PROFILES
    • INTRODUCTION
    • FANUC CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ABB LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YOKOGAWA ELECTRIC CORP.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNIEDER ELECTRIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ATOS SE
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES
      • RECENT DEVELOPMENTS
    • EMERSON ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • FREESCALE SEMICONDUCTOR, LTD.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • GENERAL ELECTRIC COMPANY
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • JOHNSON CONTROLS, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ROBERT BOSCH GMBH
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES
      • RECENT DEVELOPMENTS
    • ROCKWELL AUTOMATION, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • KUKA AKTIENGESELLSCHAFT
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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