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.
Market Analysis and Insights: Global Smart Factory Market
The global Smart Factory market is projected to grow from US$ 88760 million in 2024 to US$ 161580 million by 2030, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.
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.
Report Covers:
This report presents an overview of global market for Smart Factory market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Smart Factory, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Smart Factory, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Smart Factory revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Factory market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Smart Factory revenue, projected growth trends, production technology, application and end-user industry.
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
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, 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: Revenue of Smart Factory in global and regional level. 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. 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鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Factory revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
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 Size Growth Rate 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 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Factory Market Perspective (2019-2030)
2.2 Global Smart Factory Growth Trends by Region
2.2.1 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 Revenue Smart Factory by Players
3.1.1 Global Smart Factory Revenue by Players (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 Global Key Players of Smart Factory, Ranking by Revenue, 2022 VS 2023 VS 2024
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 Global Key Players of Smart Factory Head office and Area Served
3.6 Global Key Players of Smart Factory, Product and Application
3.7 Global Key Players of Smart Factory, Date of Enter into This Industry
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 Size by Type
6.2.1 North America Smart Factory Market Size by Type (2019-2024)
6.2.2 North America Smart Factory Market Size by Type (2025-2030)
6.2.3 North America Smart Factory Market Share by Type (2019-2030)
6.3 North America Smart Factory Market Size by Application
6.3.1 North America Smart Factory Market Size by Application (2019-2024)
6.3.2 North America Smart Factory Market Size by Application (2025-2030)
6.3.3 North America Smart Factory Market Share by Application (2019-2030)
6.4 North America Smart Factory Market Size by Country
6.4.1 North America Smart Factory Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Smart Factory Market Size by Country (2019-2024)
6.4.3 North America Smart Factory Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Smart Factory Market Size (2019-2030)
7.2 Europe Smart Factory Market Size by Type
7.2.1 Europe Smart Factory Market Size by Type (2019-2024)
7.2.2 Europe Smart Factory Market Size by Type (2025-2030)
7.2.3 Europe Smart Factory Market Share by Type (2019-2030)
7.3 Europe Smart Factory Market Size by Application
7.3.1 Europe Smart Factory Market Size by Application (2019-2024)
7.3.2 Europe Smart Factory Market Size by Application (2025-2030)
7.3.3 Europe Smart Factory Market Share by Application (2019-2030)
7.4 Europe Smart Factory Market Size by Country
7.4.1 Europe Smart Factory Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Smart Factory Market Size by Country (2019-2024)
7.4.3 Europe Smart Factory Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Smart Factory Market Size (2019-2030)
8.2 China Smart Factory Market Size by Type
8.2.1 China Smart Factory Market Size by Type (2019-2024)
8.2.2 China Smart Factory Market Size by Type (2025-2030)
8.2.3 China Smart Factory Market Share by Type (2019-2030)
8.3 China Smart Factory Market Size by Application
8.3.1 China Smart Factory Market Size by Application (2019-2024)
8.3.2 China Smart Factory Market Size by Application (2025-2030)
8.3.3 China Smart Factory Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Smart Factory Market Size (2019-2030)
9.2 Asia Smart Factory Market Size by Type
9.2.1 Asia Smart Factory Market Size by Type (2019-2024)
9.2.2 Asia Smart Factory Market Size by Type (2025-2030)
9.2.3 Asia Smart Factory Market Share by Type (2019-2030)
9.3 Asia Smart Factory Market Size by Application
9.3.1 Asia Smart Factory Market Size by Application (2019-2024)
9.3.2 Asia Smart Factory Market Size by Application (2025-2030)
9.3.3 Asia Smart Factory Market Share by Application (2019-2030)
9.4 Asia Smart Factory Market Size by Region
9.4.1 Asia Smart Factory Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Smart Factory Market Size by Region (2019-2024)
9.4.3 Asia Smart Factory Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Smart Factory Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Smart Factory Market Size by Type
10.2.1 Middle East, Africa, and Latin America Smart Factory Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Smart Factory Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Smart Factory Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Smart Factory Market Size by Application
10.3.1 Middle East, Africa, and Latin America Smart Factory Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Smart Factory Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Smart Factory Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Smart Factory Market Size by Country
10.4.1 Middle East, Africa, and Latin America Smart Factory Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Smart Factory Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Smart Factory Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Siemens
11.1.1 Siemens Company Details
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 Developments
11.2 ABB
11.2.1 ABB Company Details
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 Developments
11.3 Atos SE
11.3.1 Atos SE Company Details
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 Developments
11.4 Cisco Systems Inc.
11.4.1 Cisco Systems Inc. Company Details
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 Developments
11.5 General Electric
11.5.1 General Electric Company Details
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 Developments
11.6 Emerson
11.6.1 Emerson Company Details
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 Developments
11.7 Bosch
11.7.1 Bosch Company Details
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 Developments
11.8 Honeywell
11.8.1 Honeywell Company Details
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 Developments
11.9 Microsoft Corporation
11.9.1 Microsoft Corporation Company Details
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 Developments
11.10 IBM
11.10.1 IBM Company Details
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 Developments
11.11 Schnieder Electric
11.11.1 Schnieder Electric Company Details
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 Developments
11.12 Oracle Corporation
11.12.1 Oracle Corporation Company Details
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 Developments
11.13 Rockwell Automation Inc.
11.13.1 Rockwell Automation Inc. Company Details
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 Developments
11.14 SAP SE
11.14.1 SAP SE Company Details
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 Developments
11.15 Yokogawa Electric
11.15.1 Yokogawa Electric Company Details
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 Developments
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
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
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听
*If Applicable.