Smart Factory Market Worth 205.42 Billion USD by 2022

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 65 market data Tables and 75 Figures spread through 207 Pages and in-depth TOC on "Smart Factory Market"

http://www.marketsandmarkets.com/Market-Reports/smart-factory-market-1227.html

Early buyers will receive 10% customization on this report.

The factors driving the growth of the market include an increase in adoption of industrial robots, the evolution of Internet of Things (IoT), growth in demand for smart automation solutions, and increase in emphasis on regulatory compliances.

"Smart factory market for MES technology expected to grow at the highest rate between 2017 and 2022" 

There is a growing need to centralize the business data in enterprises and track multiplant operations with the help of real-time data analysis; this is one of the features of MES driving the growth of this market. This demand is expected to grow, even among small- and medium-sized enterprises (SMEs), due to the availability of cost-effective MES solutions for various process and discrete industry verticals.

Download PDF Brochure : http://www.marketsandmarkets.com/pdfdownload.asp?id=1227

"The market for industrial robots projected to account for maximum share of the global smart factory market during the forecast period" 

An industrial robot is a disruptive technology which is expected to bring a revolution in the manufacturing processes. Implementing industrial robotics in the smart manufacturing processes can improve productivity, reduce the chances of human errors, and increase the production volume. With the advancements in the automotive manufacturing techniques, manufacturers focus more on enhancing their productivity by employing modern methodologies.

"Discrete industry to grow at the highest rate between 2017 and 2022" 

The discrete industry is expected to witness the highest CAGR during the forecast period. The growth in the discrete industry is driven by a high need for the monitoring and controlling solutions in various discrete industries such as automotive, medical devices, and aerospace and defense.

"North America projected to hold the second-largest share of the smart factory market, during the forecast period" 

The North American region is a key market as it is home to some of the largest multinational corporations operating in this market, including a majority of the leading players. The increased R&D in the field of IoT for new and improved technologies is the crucial factor driving the market in North America. In addition, the rise in demand for advanced manufacturing solutions is expected to drive the growth of the smart factory market in North America. However, APAC is projected to be the largest smart factory market during the forecast period, owing to increase in investments in the development of manufacturing sectors and favorable government regulations.

 Inquiry Before Buy @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=1227

The major players involved in the smart factory market are ABB Ltd.(Switzerland), Atos SE (France), Emerson Electric Co. (U.S.), FANUC Corporation (Japan), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

 Browse Related Reports 

Industrial IoT Market by Device & Technology (Sensors, RFID, Industrial Robotics, DCS, Condition Monitoring, Smart Meters, AHS, Camera System, Networking Technologies), Software (PLM Systems, MES, SCADA), Vertical, and Geography - Global Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/industrial-internet-of-things-market-129733727.html

Industrial Robotics Market by Type (Articulated, Cartesian, SCARA, Cylindrical, Parallel, Collaborative Robots), Component (Controller, Robotic Arm, End Effector, Sensors, Drive), Vertical and Geography - Analysis & Forecast to 2022
http://www.marketsandmarkets.com/Market-Reports/Industrial-Robotics-Market-643.html

Subscribe Reports from Semiconductor Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.  

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
Tel : 1-888-600-6441
Email: sales@marketsandmarkets.com

Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets 

Visit MarketsandMarkets Website: http://www.marketsandmarkets.com