Smart Factory Market - Top Companies and Manufacturers

  • Report ID: 3283
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Companies Dominating the Smart Factory Landscape

    • General Electric Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • ABB Ltd
    • Rockwell Automation
    •  Emerson Electric Co.
    • Schneider Electric
    •  Endress+Hauser Group Services AG
    • Honeywell International Inc.
    • Siemens
    • Robert Bosch GmbH
    • Dassault Systèmes

Browse Key Market Insights with Data Illustration:

In the News

  • ABB Ltd. has been working with Ericsson to develop a flexible wireless automation solution for smart manufacturing plants. This collaboration has been made possible by ABB's industry-leading automation technology with Ericsson's expertise in the field of 5G Wireless, which enables wireless communications to be delivered reliably and effectively within factory settings.
  • The Plant web Optics platform has been set up by Emerson Electric Co. The platform is designed to enable Realtime monitoring and optimization of industrial processes by combining advanced Analytics, Digital Twin Technology as well and the Industrial Internet of Things. To increase the operational efficiency, asset performance, and maintenance strategies of smart plants, Plant Web Optics provides actionable insights and predictive Analytics.

Author Credits:  Shweta Patidar


  • Report ID: 3283
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of smart factory is estimated at USD 167.28 billion.

The smart factory market size was valued at USD 154.66 billion in 2024 and is set to cross USD 546.69 billion by the end of 2037, expanding at more than 10.2% CAGR during the forecast period i.e., between 2025-2037. Increasing Adoption of Industrial IoT, penetration in the Automotive sector, and rising Digitalization will boost the market growth.

North America industry is poised to dominate majority revenue share 46% by 2037, attributed to region's large industry base, advanced technical infrastructure, and a focus on innovation.

The major players in the market are Rockwell Automation, Emerson Electric Co., Schneider Electric, Endress+Hauser Group Services AG, Inc., Siemens, Robert Bosch GmbH, Dassault Systèmes, Yokogawa Corporation, Mitsubishi Electric Corporation, and others.
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