� Oracle Corporation ( U . S .), � IBM Corporation ( U . S .), � Yokogawa Electric ( Japan ), � Ametek , Inc . ( U . S .), � Rockwell Automation , Inc . ( U . S .) � Fanuc ( Japan )
Smart Factory Market Segmentation
The Smart Factory Market has been segmented on the basis of component , technology , and end user . Looking through the industry segments it has been observed that manufacturing industry and automotive industry would expect a substantial increase in smart factory market . There has been a trend of automated and technologically developed vehicles , which has resulted to increase in smart factory market in the automotive sector .
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Market Research Analysis : Market Research Future Analysis shows that there are many organizations which are lagging but the study indicates huge opportunities for smart factory market in the forecast period . It has been observed government is taking initiatives , providing investments for developments in smart factory . The major benefits of Smart Factory are efficient production , quality and lower power consumptions . These factors would definitely increase the smart factory market .
In recent news , Midea reveals that they have invested 5 Billion yuan in building smart factories in several Chinese cities using approximately 1,500 robots . The vice president also mentioned that their goal is to build more intelligent smart factories .
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