Advancing trends in digital technologies and automation systems, the developments in factory have taken new dimension. There is fair awareness among companies about the systems and automation devices which allows them to compete with their competitors and ensure to meet the requirements of the customers with added efficiency.
Smart factory is that platform which help companies to bridge the gap between physical and digital objects, manufacturers are focusing on cyber world where the entire eco-system is connected to deliver high efficiency in factory and low defects and intervals.
The report aims to provide an overview of global smart factory market with detailed market segmentation by product, end-user vertical and geography.
The global smart factory market is expected to witness high growth during the forecast period.
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The objectives of this report is as follows:
- To provide overview of the global Smart Factory market
- To analyze and forecast the global Smart Factory market on the basis of system, software control system, component and end user
- To provide market size and forecast till 2025 for overall Smart Factory market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries
- To evaluate market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend
- To provide exhaustive PEST analysis for all five regions
- To profiles key Smart Factory players influencing the market along with their SWOT analysis and market strategies
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Some of the leading players in smart factory market are ABB Ltd., Acuity Brands, Inc., Crestron Electronics, Inc., Johnson Controls Inc., Honeywell International Inc., Legrand, Nest Labs Inc., Samsung Electronics Co., Ltd., Schneider Electric SE and Siemens AG
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