QYR Market Research Global Smart Factory Market Research | Page 3

QYResearch • 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. • According to QYR research, the global smart factory markets has a total value of 23756.99 M USD back in 2012, and increased to 40739.91 M USD in 2017. QYR made a series of functional calculation and deduced the past 5 year’s data with scientific model. Finally, QYR made the prediction that the value of smart factory markets can be 68850.34M USD by 2022.The CRA of smart factory is 11.06% from 2017 to 2022. www.qyresearch.com