The global Smart Factory and Manufacturing market size was valued at US$ 199100 million in 2023. With growing demand in downstream market, the Smart Factory and Manufacturing is forecast to a readjusted size of US$ 394710 million by 2030 with a CAGR of 10.3% during review period.
The research report highlights the growth potential of the global Smart Factory and Manufacturing market. Smart Factory and Manufacturing are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Factory and Manufacturing. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Factory and Manufacturing market.
Smart manufacturing is a combination of various technologies and solutions which collectively, if implemented in a manufacturing ecosystem. These technologies and solutions are called 鈥渆nablers鈥�, 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.)
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.
Key Features:
The report on Smart Factory and Manufacturing market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Factory and Manufacturing market. It may include historical data, market segmentation by Type (e.g., Hardware, Software), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Factory and Manufacturing market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Factory and Manufacturing market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart Factory and Manufacturing industry. This include advancements in Smart Factory and Manufacturing technology, Smart Factory and Manufacturing new entrants, Smart Factory and Manufacturing new investment, and other innovations that are shaping the future of Smart Factory and Manufacturing.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Factory and Manufacturing market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Factory and Manufacturing product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Factory and Manufacturing market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Factory and Manufacturing market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Factory and Manufacturing market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Factory and Manufacturing industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Factory and Manufacturing market.
Market Segmentation:
Smart Factory and Manufacturing market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Hardware
Software
Segmentation by application
Food and Beverages
Pharmaceuticals
Automotive
FMCG
Oil and Gas
Metal and Machining
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB Ltd
Bosch Rexroth AG
Dassault Syst猫mes
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
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Factory and Manufacturing Market Size 2019-2030
2.1.2 Smart Factory and Manufacturing Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Smart Factory and Manufacturing Segment by Type
2.2.1 Hardware
2.2.2 Software
2.3 Smart Factory and Manufacturing Market Size by Type
2.3.1 Smart Factory and Manufacturing Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Factory and Manufacturing Market Size Market Share by Type (2019-2024)
2.4 Smart Factory and Manufacturing Segment by Application
2.4.1 Food and Beverages
2.4.2 Pharmaceuticals
2.4.3 Automotive
2.4.4 FMCG
2.4.5 Oil and Gas
2.4.6 Metal and Machining
2.4.7 Others
2.5 Smart Factory and Manufacturing Market Size by Application
2.5.1 Smart Factory and Manufacturing Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Factory and Manufacturing Market Size Market Share by Application (2019-2024)
3 Smart Factory and Manufacturing Market Size by Player
3.1 Smart Factory and Manufacturing Market Size Market Share by Players
3.1.1 Global Smart Factory and Manufacturing Revenue by Players (2019-2024)
3.1.2 Global Smart Factory and Manufacturing Revenue Market Share by Players (2019-2024)
3.2 Global Smart Factory and Manufacturing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Factory and Manufacturing by Regions
4.1 Smart Factory and Manufacturing Market Size by Regions (2019-2024)
4.2 Americas Smart Factory and Manufacturing Market Size Growth (2019-2024)
4.3 APAC Smart Factory and Manufacturing Market Size Growth (2019-2024)
4.4 Europe Smart Factory and Manufacturing Market Size Growth (2019-2024)
4.5 Middle East & Africa Smart Factory and Manufacturing Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Factory and Manufacturing Market Size by Country (2019-2024)
5.2 Americas Smart Factory and Manufacturing Market Size by Type (2019-2024)
5.3 Americas Smart Factory and Manufacturing Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Factory and Manufacturing Market Size by Region (2019-2024)
6.2 APAC Smart Factory and Manufacturing Market Size by Type (2019-2024)
6.3 APAC Smart Factory and Manufacturing Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Factory and Manufacturing by Country (2019-2024)
7.2 Europe Smart Factory and Manufacturing Market Size by Type (2019-2024)
7.3 Europe Smart Factory and Manufacturing Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Factory and Manufacturing by Region (2019-2024)
8.2 Middle East & Africa Smart Factory and Manufacturing Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Factory and Manufacturing Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Factory and Manufacturing Market Forecast
10.1 Global Smart Factory and Manufacturing Forecast by Regions (2025-2030)
10.1.1 Global Smart Factory and Manufacturing Forecast by Regions (2025-2030)
10.1.2 Americas Smart Factory and Manufacturing Forecast
10.1.3 APAC Smart Factory and Manufacturing Forecast
10.1.4 Europe Smart Factory and Manufacturing Forecast
10.1.5 Middle East & Africa Smart Factory and Manufacturing Forecast
10.2 Americas Smart Factory and Manufacturing Forecast by Country (2025-2030)
10.2.1 United States Smart Factory and Manufacturing Market Forecast
10.2.2 Canada Smart Factory and Manufacturing Market Forecast
10.2.3 Mexico Smart Factory and Manufacturing Market Forecast
10.2.4 Brazil Smart Factory and Manufacturing Market Forecast
10.3 APAC Smart Factory and Manufacturing Forecast by Region (2025-2030)
10.3.1 China Smart Factory and Manufacturing Market Forecast
10.3.2 Japan Smart Factory and Manufacturing Market Forecast
10.3.3 Korea Smart Factory and Manufacturing Market Forecast
10.3.4 Southeast Asia Smart Factory and Manufacturing Market Forecast
10.3.5 India Smart Factory and Manufacturing Market Forecast
10.3.6 Australia Smart Factory and Manufacturing Market Forecast
10.4 Europe Smart Factory and Manufacturing Forecast by Country (2025-2030)
10.4.1 Germany Smart Factory and Manufacturing Market Forecast
10.4.2 France Smart Factory and Manufacturing Market Forecast
10.4.3 UK Smart Factory and Manufacturing Market Forecast
10.4.4 Italy Smart Factory and Manufacturing Market Forecast
10.4.5 Russia Smart Factory and Manufacturing Market Forecast
10.5 Middle East & Africa Smart Factory and Manufacturing Forecast by Region (2025-2030)
10.5.1 Egypt Smart Factory and Manufacturing Market Forecast
10.5.2 South Africa Smart Factory and Manufacturing Market Forecast
10.5.3 Israel Smart Factory and Manufacturing Market Forecast
10.5.4 Turkey Smart Factory and Manufacturing Market Forecast
10.5.5 GCC Countries Smart Factory and Manufacturing Market Forecast
10.6 Global Smart Factory and Manufacturing Forecast by Type (2025-2030)
10.7 Global Smart Factory and Manufacturing Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 ABB Ltd
11.1.1 ABB Ltd Company Information
11.1.2 ABB Ltd Smart Factory and Manufacturing Product Offered
11.1.3 ABB Ltd Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 ABB Ltd Main Business Overview
11.1.5 ABB Ltd Latest Developments
11.2 Bosch Rexroth AG
11.2.1 Bosch Rexroth AG Company Information
11.2.2 Bosch Rexroth AG Smart Factory and Manufacturing Product Offered
11.2.3 Bosch Rexroth AG Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Bosch Rexroth AG Main Business Overview
11.2.5 Bosch Rexroth AG Latest Developments
11.3 Dassault Syst猫mes
11.3.1 Dassault Syst猫mes Company Information
11.3.2 Dassault Syst猫mes Smart Factory and Manufacturing Product Offered
11.3.3 Dassault Syst猫mes Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Dassault Syst猫mes Main Business Overview
11.3.5 Dassault Syst猫mes Latest Developments
11.4 Emerson Electric CO.
11.4.1 Emerson Electric CO. Company Information
11.4.2 Emerson Electric CO. Smart Factory and Manufacturing Product Offered
11.4.3 Emerson Electric CO. Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Emerson Electric CO. Main Business Overview
11.4.5 Emerson Electric CO. Latest Developments
11.5 Fanuc Corporation
11.5.1 Fanuc Corporation Company Information
11.5.2 Fanuc Corporation Smart Factory and Manufacturing Product Offered
11.5.3 Fanuc Corporation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Fanuc Corporation Main Business Overview
11.5.5 Fanuc Corporation Latest Developments
11.6 General Electric
11.6.1 General Electric Company Information
11.6.2 General Electric Smart Factory and Manufacturing Product Offered
11.6.3 General Electric Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 General Electric Main Business Overview
11.6.5 General Electric Latest Developments
11.7 Honeywell International Inc.
11.7.1 Honeywell International Inc. Company Information
11.7.2 Honeywell International Inc. Smart Factory and Manufacturing Product Offered
11.7.3 Honeywell International Inc. Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Honeywell International Inc. Main Business Overview
11.7.5 Honeywell International Inc. Latest Developments
11.8 IBM Corporation
11.8.1 IBM Corporation Company Information
11.8.2 IBM Corporation Smart Factory and Manufacturing Product Offered
11.8.3 IBM Corporation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 IBM Corporation Main Business Overview
11.8.5 IBM Corporation Latest Developments
11.9 Kuka AG
11.9.1 Kuka AG Company Information
11.9.2 Kuka AG Smart Factory and Manufacturing Product Offered
11.9.3 Kuka AG Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Kuka AG Main Business Overview
11.9.5 Kuka AG Latest Developments
11.10 OMRON Corporation
11.10.1 OMRON Corporation Company Information
11.10.2 OMRON Corporation Smart Factory and Manufacturing Product Offered
11.10.3 OMRON Corporation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 OMRON Corporation Main Business Overview
11.10.5 OMRON Corporation Latest Developments
11.11 Mitsubishi Electric Corporation
11.11.1 Mitsubishi Electric Corporation Company Information
11.11.2 Mitsubishi Electric Corporation Smart Factory and Manufacturing Product Offered
11.11.3 Mitsubishi Electric Corporation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Mitsubishi Electric Corporation Main Business Overview
11.11.5 Mitsubishi Electric Corporation Latest Developments
11.12 Rockwell Automation Inc.
11.12.1 Rockwell Automation Inc. Company Information
11.12.2 Rockwell Automation Inc. Smart Factory and Manufacturing Product Offered
11.12.3 Rockwell Automation Inc. Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 Rockwell Automation Inc. Main Business Overview
11.12.5 Rockwell Automation Inc. Latest Developments
11.13 Schneider Electric
11.13.1 Schneider Electric Company Information
11.13.2 Schneider Electric Smart Factory and Manufacturing Product Offered
11.13.3 Schneider Electric Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Schneider Electric Main Business Overview
11.13.5 Schneider Electric Latest Developments
11.14 Siemens AG
11.14.1 Siemens AG Company Information
11.14.2 Siemens AG Smart Factory and Manufacturing Product Offered
11.14.3 Siemens AG Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Siemens AG Main Business Overview
11.14.5 Siemens AG Latest Developments
11.15 Aquarius Software
11.15.1 Aquarius Software Company Information
11.15.2 Aquarius Software Smart Factory and Manufacturing Product Offered
11.15.3 Aquarius Software Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Aquarius Software Main Business Overview
11.15.5 Aquarius Software Latest Developments
11.16 Hexagon AB
11.16.1 Hexagon AB Company Information
11.16.2 Hexagon AB Smart Factory and Manufacturing Product Offered
11.16.3 Hexagon AB Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Hexagon AB Main Business Overview
11.16.5 Hexagon AB Latest Developments
11.17 InSource Solutions
11.17.1 InSource Solutions Company Information
11.17.2 InSource Solutions Smart Factory and Manufacturing Product Offered
11.17.3 InSource Solutions Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 InSource Solutions Main Business Overview
11.17.5 InSource Solutions Latest Developments
11.18 Litmus Automation
11.18.1 Litmus Automation Company Information
11.18.2 Litmus Automation Smart Factory and Manufacturing Product Offered
11.18.3 Litmus Automation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Litmus Automation Main Business Overview
11.18.5 Litmus Automation Latest Developments
11.19 Panasonic Corporation
11.19.1 Panasonic Corporation Company Information
11.19.2 Panasonic Corporation Smart Factory and Manufacturing Product Offered
11.19.3 Panasonic Corporation Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Panasonic Corporation Main Business Overview
11.19.5 Panasonic Corporation Latest Developments
11.20 Progea International SA
11.20.1 Progea International SA Company Information
11.20.2 Progea International SA Smart Factory and Manufacturing Product Offered
11.20.3 Progea International SA Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Progea International SA Main Business Overview
11.20.5 Progea International SA Latest Developments
11.21 Deloitte
11.21.1 Deloitte Company Information
11.21.2 Deloitte Smart Factory and Manufacturing Product Offered
11.21.3 Deloitte Smart Factory and Manufacturing Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Deloitte Main Business Overview
11.21.5 Deloitte Latest Developments
12 Research Findings and Conclusion
听
听
*If Applicable.