

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 is projected to reach US$ 161580 million in 2029, increasing from US$ 81850 million in 2022, with the CAGR of 10.5% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Smart Factory 91ÖÆÆ¬³§.
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 Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Smart Factory market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
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
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Smart Factory report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
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: 2018 VS 2022 VS 2029
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: 2018 VS 2022 VS 2029
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 (2018-2029)
2.2 Smart Factory Growth Trends by Region
2.2.1 Global Smart Factory Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Smart Factory Historic Market Size by Region (2018-2023)
2.2.3 Smart Factory Forecasted Market Size by Region (2024-2029)
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 (2018-2023)
3.1.2 Global Smart Factory Revenue Market Share by Players (2018-2023)
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 2022
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 (2018-2023)
4.2 Global Smart Factory Forecasted Market Size by Type (2024-2029)
5 Smart Factory Breakdown Data by Application
5.1 Global Smart Factory Historic Market Size by Application (2018-2023)
5.2 Global Smart Factory Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Smart Factory Market Size (2018-2029)
6.2 North America Smart Factory Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Smart Factory Market Size by Country (2018-2023)
6.4 North America Smart Factory Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Factory Market Size (2018-2029)
7.2 Europe Smart Factory Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Smart Factory Market Size by Country (2018-2023)
7.4 Europe Smart Factory Market Size by Country (2024-2029)
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 (2018-2029)
8.2 Asia-Pacific Smart Factory Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Smart Factory Market Size by Region (2018-2023)
8.4 Asia-Pacific Smart Factory Market Size by Region (2024-2029)
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 (2018-2029)
9.2 Latin America Smart Factory Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Smart Factory Market Size by Country (2018-2023)
9.4 Latin America Smart Factory Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Factory Market Size (2018-2029)
10.2 Middle East & Africa Smart Factory Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Smart Factory Market Size by Country (2018-2023)
10.4 Middle East & Africa Smart Factory Market Size by Country (2024-2029)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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
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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*If Applicable.