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Global smart factory market forecast up to 2023 detailed in new research report

Industrial Market Research

Smart Factory is the advanced factory that has cyber-physical systems where materials can be moved efficiently across the factory floor.

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Global Smart Factory Market 2018 Research Report provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This independent 129-page report based on analysis over 10 major key players guarantees you will remain better informed than your competition.

With more than 170 tables and figures examining the Smart Factory market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2023.

Smart Factory is the advanced factory that has cyber-physical systems where materials can be moved efficiently across the factory floor.

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This advanced system has integrated computing codes that provides automation solution.

Within the modular structured smart factories, cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions. Over the Internet of Things, cyber-physical systems communicate and cooperate with each other and with humans in real time, and via the Internet of Services, both internal and cross-organizational services are offered and used by participants of the value chain.

Companies Mentioned are Siemens AG, ABB Ltd., Honeywell International, Inc., Yokogawa Electric Corp., General Electric Company, Emerson Electric Company, Schnieder Electric, Atos SE, Rockwell Automation Inc., Robert Bosch GmbH.

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The Global Smart Factory market report focuses on the Smart Factory in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

 Smart Factory Market Segment by type:
- Process Manufacturing
- Discrete Manufacturing
- Others

 Smart Factory Market Segment by Applications:
- Automobile and Transportation
- Food and Beverage
- Electrical and Electronics
- Chemical and Material
- Oil and Gas
- Others

North America was the largest market with a market share of 29.09% in 2012 and 26.56% in 2017 with an increase of 2.53%. Europe and China ranked the second and third markets with the market share of 26.50% and 18.92% in 2016.

The vendors are better finding their own characteristics, improve product and service quality, including the software and hardware, as well as the services, pay attention to all the supply chain and eco-system and good brand communication. Following the market trends, access to greater competitive advantage, concerning more on their customer experience and services to get a bigger market share.

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The research provides answers to the following key questions:

  • What will be the market size and the growth rate in 2023?
  • What are the key factors driving the global Smart Factory market?
  • Who are the key market players and what are their strategies in the global Smart Factory market?
  • Trending factors influencing the market shares of the North America, Europe, Asia Pacific, South America, Middle East and Africa.
  • What are the key market trends impacting the growth of the global Smart Factory market?
  • What trends, challenges and barriers are influencing its growth?
  • What are the market opportunities and threats faced by the vendors in the global Smart Factory market?
  • What are the key outcomes of the five forces analysis of the global Smart Factory market?

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The Global Smart Factory market report provides a basic overview of the Smart Factory industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

The smart factory market has been increased in accordance with the development of whole economy, technology and emerging application and the whole world response to the industry 4.0. What is more, continuous advancement in machine intelligence and internet is expected to bring about a fourth industrial revolution, expected to offer a wide range of benefits, including greater efficiency, flexibility, and safety.

So, we will see a fast growth rate of the market. What more, there are some problems to be solved ahead, such as the whole supply chain, the whole eco-system, the fierce competition, the high cost, the international standard and so on.

There are 15 chapters to deeply display the global Smart Factory market.

Chapter 1, to describe Smart Factory Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Smart Factory, with sales, revenue, and price of Smart Factory, in 2018;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Smart Factory, for each region, from 2018 to 2023;

Chapter 5, 6, 7,8and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2018 to 2023;

Chapter 12, Smart Factory market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;

Chapter 13, 14 and 15, to describe Smart Factory sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data.

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