Global Smart Factory and Manufacturing Market Set to Surge at 9.7% CAGR from 2021-2026

A comprehensive analysis report on the Global Smart Factory and Manufacturing Market has been recently released by MarkNtel Advisors, covering the forecast period from 2021 to 2026. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Smart Factory and Manufacturing Market presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Smart Factory and Manufacturing Market Overview:

Base Year: 2020

Forecast Years: 2021-2026

Historical Years: 2016-2019

Market Growth Rate: 9.7% (2021-2026)

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Smart Factory and Manufacturing Market Segmentation Analysis:

According to MarkNtel study the market is segmented the into the following categories:

By Technology

AI (Artificial Intelligence)
IIOT (Industrial Internet of Things)
Blockchain
Others (5G, Augmented Reality, etc.)

By Software Type

SCADA
HMI
PLC
DCS
Others

By Component

Sensors
- Smart Infrared Cameras
- 3D sensors
- Others
Controllers
- Software Controllers
- Drive Controllers
- Heating Controllers
- Others
Industrial Robots
- Traditional Robots
  - Articulated Robots
  - Cartesian Robots
  - Selective Compliance Assembly Robot Arm (SCARA)
  - Cylindrical Robots
  - Other Robots
- Collaborative Robots
Others

Of them all, Industrial Robots are anticipated to gain momentum in the market during the forecast period.

By Applications

Manufacturing
Designing
Logistics Optimization
Retail
Inventory Governance
Predictive Maintenance
Protection from Cybercrime
Construction
Quality Control
Others

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By Region

North America
South America
Europe
Middle East & Africa
Asia Pacific

Of them all, Asia-Pacific dominated the market with the largest share in recent years and is anticipated to prevail the same trend during the forecast period, mainly due to the swiftly expanding manufacturing industry, especially across countries like China & India.

Smart Factory and Manufacturing Market Competitive Landscape:

This section competitive landscape covers the top companies’ participants in the Smart Factory and Manufacturing industry, and their business description, product portfolio, strategic alliances or partnerships, recent developments, financial details analysis from 2021-2026.

Leading Market Player Are:

IBM
Thales
BAE Systems PLC
Senseye
Oden
Aclima
Neiker-Tecnalia
Festo
Seimens
Upskill
Teska Labs
Sick AG
LMI Technologies
Oracle

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Key Report Highlights

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

About Us:

We are a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.