Zion Market Research Global Smart Factory Market, 2015–2021 | Page 2

Smart Factory Market
Zion Market Research, the market research group announced the analysis report titled
'Smart Factory Market: Global Industry Analysis, Size, Share, Growth, Trends, and
Forecasts 2015–2021'
The smart factory is the new trend in the manufacturing industry. It includes systems such
as cyber–physical technology, Internet of Things, and cloud computing. In cyber–physical
system, the process is handled by the computer which is connected to the Internet and its
users. Physical and software elements are weaved together. Internet of Things enables
cyber–physical mechanism to connect with each other and human beings in real-time. The
smart factory provides advanced and automated facilities to make manufacturing process
faster, more efficient, and safer. This is helping to minimize the gap between digital world
and traditional industrial manufacturing methods.
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factory-market
The use of advanced machinery and manufacturing processes are increasing in the
industries worldwide, companies are focusing on lesser energy consumption, efficient
production practices, use of robots, and RFID are some factors contributing to the global
smart factory market growth. Automation helps industries to use every minute of the
production time to its fullest by streamlining the processes. Due to Internet of Things,