Markntel Advisors’ report, Smart Factory and Manufacturing Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2026, offers a comprehensive guide for the growing industry. 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 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 Research Report & Market Summary:

The Global Smart Factory and Manufacturing Market is projected to grow at a CAGR of around 9.7% during the forecast period, i.e., 2021-26. The market is driven primarily by the mounting demand for high-quality products with better end-to-end visibility of manufacturing processes entwined with the increasing adoption of smart factories & manufacturing solutions across industries associated with robotic systems. 

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Smart Factory and Manufacturing Market Dynamics:

Key Driver-

Escalating Demand for Industrial Robots - Industrial robots are observing an increasing adoption across factories & manufacturing units to perform different electronic & mechanical tasks like assembling, pickups, material handling, gathering force data for the loT testing, Statistical Process Control (SPC), etc. Hence, the soaring demand for these components is anticipated to drive the global market during the forecast period. Moreover, with the increasing miniaturization of sensors and the mounting inclination toward automation, the demand for industrial robots shall further accelerate and benefit the overall market growth through 2026.

Smart Factory and Manufacturing Market Segmentation Analysis:

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

By Technology

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

Of them all, the demand for IIoT is anticipated to display substantial growth during the forecast period, owing to its benefits that enable manufacturing units to maximize their Return of Investments (ROI) using smart factory technologies.

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. It owes to the capabilities of these robots to serve extensively across modern factories while reducing the need for human intervention or assistance for basic & complex tasks and increasing operational efficiency & productivity of the manufacturing facility.

By Applications

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

By Region

• North America
• South America
• Europe
• Asia-Pacific
• Middle East, and Africa.

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.

As indicated in the latest market research report published by Markntel Advisors, “Smart Factory and Manufacturing Research Report: Forecast (2021-2026)”, this report offers a detailed analysis of the industry, featuring insights into the Smart Factory and Manufacturing industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/global-smart-factory-and-manufacturing-market.html

Top Companies Operating in the Smart Factory and Manufacturing Market:

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

*Reports Delivery Format - Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*

Other Report:

• Global Oncology Information Systems Marketsize is valued at around USD2 Billion in 2023 and is projected to grow at a CAGR of around 6.2% during the forecast period 2024-30.
• Global Digital Camera Market size was valued at around USD 5Billion in 2022 and is further projected to grow at a CAGR of around 5% during the forecast period 2024-30, Integration of AI & computational photography in the digital camera is expected to be a potential opportunity in the Market through 2030.

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

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What leading factors would propel and impede the industry across the geography?
4. How has the industry been evolving in terms of geography & Smart Factory and Manufacturing Market adoption?
5. How has the competition been shaping up across the geography?

6. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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