The Global Smart Factory and Manufacturing Market size is projected to grow at a CAGR of around 9.7% during the forecast period, i.e., 2021-26. According to MarkNtel Advisors Study.
Global Smart Factory and Manufacturing Market 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.
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Key Market Reports Highlights
· Market Dimensions & Projections
· Pricing Evaluation
· Recent Strategic Moves by Companies
· Primary Stakeholders
· Import/Export Trend Analysis
· Competitive Landscape Assessment
· Emerging Opportunities
· Market Trends and Indicators
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Global Smart Factory and Manufacturing Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2020
-Historical Period: 2016 to 2019
-Forecast Period: 2021 to 2026
§ By Technology
· AI (Artificial Intelligence)
· IIOT (Industrial Internet of Things)
· Blockchain
· Others (5G, Augmented Reality, etc.)
§ By Software Type
· SCADA
· HMI
· PLC
· DCS
· Others
§ By Component
· Sensors
o Smart Infrared Cameras
o 3D sensors
o Others
· Controllers
o Software Controllers
o Drive Controllers
o Heating Controllers
o Others
· Industrial Robots
o Traditional Robots
§ Articulated Robots
§ Cartesian Robots
§ Selective Compliance Assembly Robot Arm (SCARA)
§ Cylindrical Robots
§ Other Robots
o Collaborative Robots
· Others
§ By Applications
· Manufacturing
· Designing
· Logistics Optimization
· Retail
· Inventory Governance
· Predictive Maintenance
· Protection from Cybercrime
· Construction
· Quality Control
· Others
· By Region
o North America
o South America
o Europe
o Asia-Pacific
o Middle East, and Africa
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - IBM, Thales, BAE Systems PLC, Senseye, Oden, Aclima, Neiker-Tecnalia, Festo, Seimens, Upskill, Teska Labs, Sick AG, LMI Technologies, Oracle. are looking forward to strengthening their market positions.
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We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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