Infinium Global Research Smart Factory Market | Page 2
Smart Factory Market: Trends and Forecast -2024
The Infinium Global Research analyzes the report of Smart Factory Market over the
period of 2018 to 2024. This report also provides detailed qualitative and
quantitative analyses of the market dynamics, market size and future trends in
Global Smart Factory Market. It will help a lot of decision makers to develop
strategies and find new opportunities in the Global markets of Smart Factory.
The report covers market changing aspects including drivers, restraints,
opportunities, and trends expected to encouragement the expansion of the Smart
Factory Market during the said period. The report also provides market
attractiveness analysis, by geography, and market share analysis, by key players
respectively. Some of the prominent participants in the Global Smart Factory
Market are Rockwell Automation, General Electric Co, Invensys PLC, Siemens AG,
Johnson Controls Inc, Mitsubishi Electric Corporation, and Microsoft. According to
report the global smart factory market is projected to grow at a CAGR of 13.7%
over the forecast period of 2018 - 2024.
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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.
Geographic Coverage
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, 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
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