Global Smart Factory Market
- MAR2978642
- 224 Pages
- December 2017
- ICT & Media
A smart factory represents a flexible environment wherein systems can run autonomously by themselves and self-optimize performance. It is being touted as Industry 4.0 where the backbone of this trend would be networking and internet. The 4 design principles of a smart factory would be interoperability, information transparency, technical assistance and decentralized decisions. A smart factory would include cyber physical systems, Internet of Things, cloud computing and cognitive computing. The concept of smart factory visualizes that every step of the manufacturing process can be interconnected. It would include entire technical integration of systems across product lifecycles, supply and value chains, functional hierarchies and geographic boundaries.
Market Dynamics:
Factors like technology, optimization and sustainability are shaping the manufacturing industry. On the technology front, the enabling and advancement of technologies like Internet of Things (IoT), data analytics, cloud based application infrastructure and middleware, smart robotics, additive manufacturing, integrated product-product simulation is primarily driving the smart factory market. Tracking multi geographic and multi plant operations and the growing need for centralization is also shaping the growth of this market.
The critical challenges facing the evolution of the smart factory market are the design of the process landscape, identification of new employee profiles, re-skilling of the employees and the complexity and the expense of the networking subsystems. The associated cyber risk and the lack of proper cyber security infrastructure can also dampen the growth of this market.
Market Segmentation:
The Global Smart Factory market can be segmented on the basis of technology, component and end user industry.
-> Technology:
>>Programmable Logic Controller
>>Distributed Control System
>>Human Machine Interface
>>Supervisory Control and Data Acquisition System
>>Enterprise Resource Planning
>>Plant Asset Management
>>Product Lifecycle Management
>>Manufacturing Execution Systems
-> Component:
>>Industrial robots
>>Sensors
>>Machine vision systems
>>3D Printing
-> End user industry:
>>Process Industry
>>Food and Beverages
>>Oil and Gas
>>Chemical
>>Pharmaceutical
>>Pulp and paper
>>Mining and Metals
>>Energy and Power
>>Cement and Glass
>>Discrete
>>Aerospace and Defence
>>Automotive
>>Semiconductor and Electronics
>>Medical devices
>>Machine Manufacturing
>>Printing and Fabrication
Geographical Analysis:
Geographically, the market is segmented into North America, Asia Pacific, Europe and South America. Enhancement of digital technologies in emerging markets like China and India have made the Asia Pacific region the fastest growing market. The development of manufacturing sector and favourable government regulations have made APAC a very lucrative market. Geographically, North America is the largest market for Smart Factory because of the presence of already established multinational corporations. Europe is the 2nd largest market after North America as it is the origin of Industry 4.0.
Key Players:
Some of the key companies in Global Smart Factory market are ABB, Siemens AG, General Electric, Mitsubishi Electric, Cisco, IBM, SAP, Honeywell, Bosch, Rockwell Automation, Schneider Electric and Yokogawa Electric Corporation.
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
1.1. Market Definition
1.2. Market Taxonomy
2. Research Methodology
3. Assumptions and Acronyms
4. Executive Summary
5. Consumer Analysis
5.1. Consumer Profile (Demographic, Geographic, etc.)
5.2. Consumer Motivation
5.3. Procurement Process
5.4. Frequency of Buying
6. Historical Overview (Market Origins, Product Launch Timeline, etc.)
7. Pricing Analysis
8. Market Dynamics
8.1. Macroeconomic Factors
8.2. Drivers
8.2.1. Supply Side
8.2.2. Demand Side
8.3. Restraints
8.4. Opportunities
9. R&D Status and Technology Overview
10. Key Drivers
10.1. Economic Savings
10.1.1. Cloud Computing and Storage to reduce Data Storage Costs Significantly
10.1.2. Labor and Raw Materials Cost Savings
10.2. Process Optimization
10.3. Increased Prediction Capability
10.3.1. Large scale data augmentation and analysis to deliver powerful prediction models
10.4. Automation and Robotics
10.4.1. Key Solution to permanently address Labor Shortages
10.5. Decentralized Systems
10.5.1. Blockchain technology to aid in decentralizing transactions
10.6. Increase in Productivity
10.6.1. Driverless Vehicles, Automated and Enhanced Forklifts, etc.
10.7. Raw Material Optimization
10.7.1. Additive Manufacturing or D Printing to ease load in Supply Chains
10.8. Increased Systems Communications
10.8.1. Internet of Things (IoT) to ensure optimal system-to-system communication
11. Key Challenges
11.1. Platform and Process Migration Issues
11.2. Infrastructure Challenges – Capital Costs and Technical Challenges with implementing New Technologies
11.3. Lag In R&D advances – Significant gaps in Knowledge and Technology
11.4. Regulator Uncertainties – Lack of Clarity on Societal and Governmental pressures to automation and robotics.
11.5. Integration Issues – Challenges Associated with moving away from Legacy Systems
12. Global Smart Factory Market Analysis, By Technology
12.1. Introduction
12.2. Prominent Trends
12.3. Regulatory Guidelines
12.4. Market Size and Analysis, By Technology
12.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
12.4.2. Configurable Control Systems
12.4.2.1. Human Machine Interface (HMI)
12.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
12.4.2.3. Others
12.4.3. Wireless Sensor Networks (WSNs/IWSNs)
12.4.3.1. Environmental Sensors
12.4.3.2. Condition Monitoring Sensors
12.4.3.3. Process Automation Sensors
12.4.4. Transaction & ERP Systems
12.4.5. Analytics Solutions
12.4.6. Inventory and Network Management
12.4.7. Additive Manufacturing (3D Printing Units)
12.4.8. Cybersecurity Solutions
12.4.9. Cloud Computing and Storage
12.4.10. Others
12.5. Market Share Analysis and YoY Growth Rates, By Technology
13. Global Smart Factory Market Analysis, By Region
13.1. Introduction
13.2. Prominent Trends
13.3. Regulatory Guidelines
13.4. Market Size and Analysis, By Region
13.4.1. North America
13.4.2. Latin America
13.4.3. Europe
13.4.4. Asia Pacific
13.4.5. Middle East & Africa (MEA)
13.5. Market Share Analysis and YoY Growth Rates, By Region
14. North America Smart Factory Market Analysis
14.1. Introduction
14.2. Prominent Trends
14.3. North America Smart Factory Market Analysis, by Country
14.3.1. U.S.
14.3.2. Canada
14.4. North America Smart Factory Market Size and Analysis, By Technology
14.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
14.4.2. Configurable Control Systems
14.4.2.1. Human Machine Interface (HMI)
14.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
14.4.2.3. Others
14.4.3. Wireless Sensor Networks (WSNs/IWSNs)
14.4.3.1. Environmental Sensors
14.4.3.2. Condition Monitoring Sensors
14.4.3.3. Process Automation Sensors
14.4.4. Transaction & ERP Systems
14.4.5. Analytics Solutions
14.4.6. Inventory and Network Management
14.4.7. Additive Manufacturing (3D Printing Units)
14.4.8. Cybersecurity Solutions
14.4.9. Cloud Computing and Storage
14.4.10. Others
14.5. North America Smart Factory Market Share Analysis and YoY Growth Rates
14.5.1. By Country
14.5.2. By Technology
14.5.3. By Patient Technology
14.5.4. By Patient Technology
14.5.5. By Product Form
15. Latin America Smart Factory Market Analysis
15.1. Introduction
15.2. Prominent Trends
15.3. Latin America Smart Factory Market Analysis, by Country
15.3.1. Mexico
15.3.2. Brazil
15.3.3. Central America (Eg: Costa Rica and Cuba)
15.3.4. Others
15.4. Latin America Smart Factory Market Size and Analysis, By Technology
15.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
15.4.2. Configurable Control Systems
15.4.2.1. Human Machine Interface (HMI)
15.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
15.4.2.3. Others
15.4.3. Wireless Sensor Networks (WSNs/IWSNs)
15.4.3.1. Environmental Sensors
15.4.3.2. Condition Monitoring Sensors
15.4.3.3. Process Automation Sensors
15.4.4. Transaction & ERP Systems
15.4.5. Analytics Solutions
15.4.6. Inventory and Network Management
15.4.7. Additive Manufacturing (3D Printing Units)
15.4.8. Cybersecurity Solutions
15.4.9. Cloud Computing and Storage
15.4.10. Others
15.5. Latin America Smart Factory Market Share Analysis and YoY Growth Rates
15.5.1. By Country
15.5.2. By Technology
15.5.3. By Patient Technology
15.5.4. By Patient Technology
15.5.5. By Product Form
16. Europe Smart Factory Market Analysis
16.1. Introduction
16.2. Prominent Trends
16.3. Europe Smart Factory Market Analysis, by Country
16.3.1. EU5 (Spain, Germany, Italy, France and UK)
16.3.2. Eastern Europe (Russia, Poland, etc.)
16.3.3. Others
16.4. Europe Smart Factory Market Size and Analysis, By Technology
16.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
16.4.2. Configurable Control Systems
16.4.2.1. Human Machine Interface (HMI)
16.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
16.4.2.3. Others
16.4.3. Wireless Sensor Networks (WSNs/IWSNs)
16.4.3.1. Environmental Sensors
16.4.3.2. Condition Monitoring Sensors
16.4.3.3. Process Automation Sensors
16.4.4. Transaction & ERP Systems
16.4.5. Analytics Solutions
16.4.6. Inventory and Network Management
16.4.7. Additive Manufacturing (3D Printing Units)
16.4.8. Cybersecurity Solutions
16.4.9. Cloud Computing and Storage
16.4.10. Others
16.5. Europe Smart Factory Market Share Analysis and YoY Growth Rates
16.5.1. By Country
16.5.2. By Technology
16.5.3. By Patient Technology
16.5.4. By Patient Technology
16.5.5. By Product Form
17. Asia Pacific Smart Factory Market Analysis
17.1. Introduction
17.2. Prominent Trends
17.3. Asia Pacific Smart Factory Market Analysis, by Country
17.3.1. India
17.3.2. Thailand
17.3.3. Malaysia
17.3.4. Singapore
17.3.5. Others
17.4. Asia Pacific Smart Factory Market Size and Analysis, By Technology
17.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
17.4.2. Configurable Control Systems
17.4.2.1. Human Machine Interface (HMI)
17.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
17.4.2.3. Others
17.4.3. Wireless Sensor Networks (WSNs/IWSNs)
17.4.3.1. Environmental Sensors
17.4.3.2. Condition Monitoring Sensors
17.4.3.3. Process Automation Sensors
17.4.4. Transaction & ERP Systems
17.4.5. Analytics Solutions
17.4.6. Inventory and Network Management
17.4.7. Additive Manufacturing (3D Printing Units)
17.4.8. Cybersecurity Solutions
17.4.9. Cloud Computing and Storage
17.4.10. Others
17.5. Asia Pacific Smart Factory Market Share Analysis and YoY Growth Rates
17.5.1. By Country
17.5.2. By Technology
17.5.3. By Patient Technology
17.5.4. By Patient Technology
17.5.5. By Product Form
18. Middle East and Africa (MEA) Smart Factory Market Analysis
18.1. Introduction
18.2. Prominent Trends
18.3. Middle East and Africa Smart Factory Market Analysis, by Country
18.3.1. GCC countries (Eg: Dubai)
18.3.2. South Africa
18.3.3. Turkey
18.3.4. Rest of Middle East and Africa
18.4. Middle East and Africa (MEA) Smart Factory Market Size and Analysis, By Technology
18.4.1. Modular Manufacturing Units (Industrial Robots, Mechanical Arms, etc.)
18.4.2. Configurable Control Systems
18.4.2.1. Human Machine Interface (HMI)
18.4.2.2. Programmable Control Logic (PLC) & Computer Numeric Control (CNC)
18.4.2.3. Others
18.4.3. Wireless Sensor Networks (WSNs/IWSNs)
18.4.3.1. Environmental Sensors
18.4.3.2. Condition Monitoring Sensors
18.4.3.3. Process Automation Sensors
18.4.4. Transaction & ERP Systems
18.4.5. Analytics Solutions
18.4.6. Inventory and Network Management
18.4.7. Additive Manufacturing (3D Printing Units)
18.4.8. Cybersecurity Solutions
18.4.9. Cloud Computing and Storage
18.4.10. Others
18.5. Middle East and Africa (MEA) Smart Factory Market Share Analysis and YoY Growth Rates
18.5.1. By Country
18.5.2. By Technology
18.5.3. By Patient Technology
18.5.4. By Patient Technology
18.5.5. By Product Form
19. Industry Structure
19.1. Porters Five Forces Analysis
19.1.1. Bargaining Power of Suppliers
19.1.2. Bargaining Power of Buyers
19.1.3. Threat of New Entrants
19.1.4. Threat of Substitute Products and Services
19.1.5. Internal Rivalry
19.2. Supply Chain Analysis and Profitability Margins
19.3. Market Share Analysis
19.4. Strategic Analysis
19.4.1. Competitive Strategies
19.4.2. Mergers & Acquisitions Activity
19.4.3. Co-operative Agreements
19.5. Critical Success Factor (CSF) Analysis (Technology & Manufacturing, Design & Features, Brand Reputation, Distribution Network, Marketing)
19.6. Company Profiles (Overview, Product/Service Details, Geographic Scope, Financials, Strategic Intent & Approach, Core Competencies & Competitive Advantage and Key developments)
19.6.1. General Electric
19.6.2. Honeywell
19.6.3. FANUC
19.6.4. Mitsubishi Electric
19.6.5. Stratasys
19.6.6. TE Connectivity
19.6.7. Texas Instruments
19.6.8. HP
19.6.9. KUKA
19.6.10. SAP
19.6.11. Omron
19.6.12. Dassault Systemes
19.6.13. Qualcomm
20. Prognosis for the Future
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