Market Overview: Smart Factory and Manufacturing Market
MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on Smart Factory and Manufacturing Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.
Smart Factory and Manufacturing Market Insights 2021-26
The Smart Factory and Manufacturing Market is estimated to grow at a CAGR of around 9.7% during the forecast period 2021-26.
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Driving Innovation: Exploring the Smart Factory and Manufacturing Market and its Key Driver
Key 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.
Top Players in the Smart Factory and Manufacturing Market:
-IBM
-Thales
-BAE Systems PLC
-Senseye
-Oden
-Aclima
-Neiker-Tecnalia
-Festo
-Seimens
-Upskill
-Teska Labs
-Sick AG
-LMI Technologies
-Oracle
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Segmentation Analysis of Smart Factory and Manufacturing Market
Smart Factory and Manufacturing Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2021-26, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.
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
–Smart Infrared Cameras
–3D sensors
–Others
-Controllers
–Software Controllers
–Drive Controllers
–Heating Controllers
-Others
-Industrial Robots
–Traditional Robots
—Articulated Robots
—Cartesian Robots
—Selective Compliance Assembly Robot Arm (SCARA)
—Cylindrical Robots
—Other Robots
–Collaborative Robots
-Others
- Of them all, Industrial Robots are anticipated to gain momentum in the market during the forecast period.
By Applications
-Manufacturing
-Designing
-Logistics Optimization
-Retail
-Inventory Governance
-Predictive Maintenance
-Protection from Cybercrime
-Construction
-Quality Control
-Others
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A Comprehensive Geographical Analysis:
By Region
-North America
-South America
-Europe
-Asia Pacific
-Middle East and Africa
- Asia-Pacific dominated the market with the largest share in recent years and is anticipated to prevail the same trend during the forecast period
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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.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Being one of the most efficient market research companies in India, our specialized team of experienced & efficient market research professionals is capable of grasping every minute and valuable information & data of the market to offer our clients with satisfactory details. Our company has served the biggest market research firms in India at leading positions and is proficient in managing all types of market research projects.
About Us
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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