The semiconductor and electronics industry reports are produced by Market Research Future, which highlights market options for expansion.
An 11.7% CAGR is predicted to provide the impetus for market growth in the forecast period.
The central contenders in the smart factory market are ABB Ltd, Rockwell Automation, Emerson Electric Co., Honeywell International Inc., Robert Bosch GmbH, FANUC Corporation, Mitsubishi Electric Corporation, General Electric Company (GE), Johnson Controls International PLC, Schneider Electric, Siemens AG, Yokogawa Electric Corporation, Atos SE, Cognex Corporation and Ubisense to name a few.
The segmental investigation of the smart factory market has been conducted on the basis of connectivity, services, industry vertical, component, and region.
Based on the regions, the smart factory market is segmented into the Middle East & Africa, Asia-Pacific, North America, South America, and Europe.