Smart Factory Market, 2015 - 2021
The smart factory is the new trend in the manufacturing industry. It includes systems such as cyber–physical technology, Internet of Things, and cloud computing. In cyber–physical system, the process is handled by the computer which is connected to the Internet and its users.
The smart factory is the new trend in the manufacturing industry. It includes systems such as cyber–physical technology, Internet of Things, and cloud computing. In cyber–physical system, the process is handled by the computer which is connected to the Internet and its users.
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<strong>Smart</strong> <strong>Factory</strong> <strong>Market</strong><br />
This trend is of substantial value in industries such as transportation, packaging, oil, mining of<br />
minerals, and others. Hence, companies all over the world are investing in this untapped<br />
industry. However, lack trained man force and growing skill gap factors hindering the growth of<br />
the global smart factory market.<br />
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https://www.zionmarketresearch.com/toc/smart-factory-market<br />
The global smart factory market is segmented on the basis of products, end-users, technology,<br />
and region. On the basis of products, the global market is segmented as industrial robotics,<br />
control devices, machine vision system, communication technology, and sensors. Industrial<br />
robotics and machine vision system are dominating the market. On the basis of end-users, the<br />
global market is segmented as chemical & petrochemical, aerospace, oil & gas, automotive,<br />
mining, defense, and others. Of which, the chemical & petrochemical segment is leading the<br />
market followed by oil and gas. On the basis of technology, the global smart factory market is<br />
divided as production lifecycle management, enterprise resource planning, distributed control<br />
system, programmable logic controller, and others.<br />
North America is leading the global smart factory market. This trend is followed by Asia Pacific.<br />
As the market is growing, industries are finding better ways to cater to the customers and users<br />
of these technologies by investing more in R&D process.<br />
Some of the major companies leading this market include General Dynamics Corporation,<br />
Freescale Semiconductor Inc., Intel Corporation, Siemens AG, and Emerson Electric Co. Other<br />
major players influencing the global market are CMC Associates, Apriso Corporation, National<br />
Instruments Corporation, Invensys Plc., ABB Ltd., and Fraunhofer-Gesellschaft.
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