This report provides exclusive insights into the COVID-19 impact on the Smart Factory Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Smart Factory Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Smart Factory Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on smart factory market provides in-depth analysis of segments and sub-segments in global as well as regional markets of the smart factory market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional markets of the smart factory over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global smart factory market. According to the report the global smart factory market is projected to grow at a CAGR of 13.7% over the forecast period of 2018 - 2024.
The report on global smart factory market covers segments such as component, technology, and end-use. The component segments include machine vision systems, industrial 3D printing, sensors, and industrial robots. On the basis of technology the global smart factory market is categorized into supervisory control and data acquisition system, programmable logic controller, product life cycle management, distributed control system, human machine interface, plant asset management, and enterprise resource planning. Furthermore, on the basis of end-user, the smart factory market is segmented as discrete industry and process industry.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography is provided over the period of 2016 – 2024. The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia and among others. Moreover, the European region covers countries such as Germany, UK, France, Spain, and rest of Europe. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018 - 2024.
The report provides profiles of the companies in the global smart factory market such as CMC Associates, Apriso Corporation, Ubisense Group PLC, Rockwell Automation, General Electric Co, Invensys PLC, Siemens AG, Johnson Controls Inc, Mitsubishi Electric Corporation, and Microsoft.
The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global smart factory market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of the smart factory market. Moreover, the study highlights current market trends and provides forecast from 2018 to 2024. We also have highlighted future trends in the smart factory market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. Additionally, the analysis highlights the rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers, and distributors of the smart factory market to understand the present and future trends in this market and formulate their strategies accordingly.