Intelligent Factory Market, Global Outlook and Forecast 2023-2030
Smart Factory is the advanced factory that has cyber-physical systems where materials can be moved efficiently across the factory floor. 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.
This report aims to provide a comprehensive presentation of the global market for Intelligent Factory, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Intelligent Factory. This report contains market size and forecasts of Intelligent Factory in global, including the following market information:
Global Intelligent Factory Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Intelligent Factory market was valued at US$ 65570 million in 2022 and is projected to reach US$ 119840 million by 2029, at a CAGR of 9.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Smart Factory key players include Siemens AG, ABB Ltd., Yokogawa Electric Corp., General Electric Company, Honeywell International, Inc., etc. Global top five manufacturers hold a share nearly 25%.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Process Manufacturing is the largest segment, with a share nearly 45%. And in terms of application, the largest application is Oil and Gas, followed by Automobile and transportation, Chemical and material, Food and beverage, etc.
We surveyed the Intelligent Factory companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Intelligent Factory Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Intelligent Factory Market Segment Percentages, by Type, 2022 (%)
Software Solution
Hardware Solution
Integrated Solution
Global Intelligent Factory Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Intelligent Factory Market Segment Percentages, by Application, 2022 (%)
Automobile and Transportation
Food and Beverage
Electrical and Electronics
Chemical and Material
Oil and Gas
Others
Global Intelligent Factory Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Intelligent Factory Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Intelligent Factory revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Intelligent Factory revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Samsung
Elisa Smart Factory
Smart Factory Solutions
Softweb Solutions
Aggity
Motherapp
Zenith Technologies
Faststream
Outline of Major Chapters:
Chapter 1: Introduces the definition of Intelligent Factory, market overview.
Chapter 2: Global Intelligent Factory market size in revenue.
Chapter 3: Detailed analysis of Intelligent Factory company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Intelligent Factory in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
