The global smart factory market is projected to grow from USD 104.42 billion in 2025 to USD 169.73 billion by 2030, growing at a CAGR of 10.2%. The market growth is driven by the increasing adoption of Industry 4.0 technologies, rising demand for automation to improve productivity, and growing emphasis on energy efficiency and resource optimization. Industries are investing in smart manufacturing solutions such as industrial sensors, robots, 3D printing, and machine vision systems to improve operational efficiency and reduce downtime. Advancements in MES, SCADA, and PAM systems are also supporting the digital transformation of factories. Government initiatives and rising labor costs also encourage companies to modernize their manufacturing operations. These factors collectively boost the demand for smart factory solutions across sectors such as automotive, electronics, food & beverages, and pharmaceuticals.
“MES segment accounted for largest share of smart factory market in 2024”
Manufacturing execution systems (MES) are crucial in smart factory setups and are expected to lead the market in terms of share. These systems bridge enterprise-level planning and shop-floor operations, enabling real-time tracking, monitoring, and control of manufacturing activities. Their widespread adoption is driven by the need to improve production efficiency, reduce downtime, and ensure quality compliance. MES solutions help manufacturers make data-driven decisions by offering visibility into performance, inventory, and workflows. They also support seamless integration with ERP and automation systems, making them ideal for managing complex manufacturing environments. As companies aim to adopt Industry 4.0 practices, the role of MES in digital transformation becomes even more critical. Additionally, MES solutions are gaining popularity for their scalability and adaptability across industries such as automotive, electronics, and pharmaceuticals. With increasing focus on operational transparency, production traceability, and real-time analytics, MES platforms are becoming essential tools in evolving smart, connected factories.
“Semiconductor & electronics segment to record a significant CAGR during forecast period”
During the forecast period, the smart factory market is expected to experience strong growth in the semiconductor & electronics segment. This is mainly due to rising demand for advanced automation, real-time monitoring, and precision manufacturing in chip and electronic component production. Semiconductor manufacturing requires extremely high accuracy, cleanroom operations, and efficient use of materials, making it an ideal sector for adopting smart factory technologies such as IoT sensors, robotics, digital twins, and AI-driven analytics. These tools help reduce defects, improve yield, and ensure consistent quality, which is critical in electronics production. Additionally, the need for shorter production cycles, greater customization, and faster time-to-market pushes semiconductor and electronics companies to upgrade legacy systems with smart factory solutions. Ongoing advancements in equipment connectivity and edge computing further support this transition. The smart factory approach is gaining momentum as manufacturers aim for better productivity and energy efficiency. These trends are expected to significantly drive the segment’s high CAGR during the forecast period.
“North America to hold a significant share in smart factory market by 2030”
The smart factory market in North America is anticipated to maintain a strong position through 2030, supported by widespread adoption of industrial automation, advanced manufacturing technologies, and strong digital infrastructure. The US is a key contributor, driven by its early investment in Industry 4.0 practices, strong presence of technology providers, and a focus on boosting productivity and reducing operational costs. Demand is growing across sectors such as automotive, aerospace, electronics, and food processing, all actively integrating IoT, robotics, machine learning, and cloud-based solutions to modernize operations. The region also benefits from supportive government initiatives promoting smart manufacturing and digital transformation, including funding programs and industry partnerships. Prominent players such as Rockwell Automation (US), Honeywell International Inc. (US), Emerson Electric Co. (US), and GE Vernova (US) continuously innovate and offer scalable smart factory solutions. Moreover, the increasing emphasis on real-time monitoring, predictive maintenance, and energy efficiency aligns well with North American manufacturers’ goals. With a strong foundation in technology adoption and a clear focus on competitiveness, North America is expected to capture a significant share of the smart factory market during the forecast period.
Extensive primary interviews were conducted with key industry experts in the smart factory market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakdown of primary participants for the report is shown below.
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
• By Company Type – Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation – Directors – 48%, C- level Executives – 33%, and Others – 19%
• By Region – Asia Pacific – 40%, Europe – 18%, North America – 35%, and RoW – 7%
The smart factory market is dominated by a few globally established players, such as ABB (Switzerland), Emerson Electric Co.(US), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), GE Vernova (US), Rockwell Automation (US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), OMRON Corporation (Japan), WIKA Alexander Wiegand SE & Co. KG (Germany), Endress+Hauser Group Services AG (Switzerland), and FANUC CORPORATION (Japan).
The study includes an in-depth competitive analysis of these key players in the smart factory market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the smart factory market and forecasts its size by component (industrial sensors, industrial robots, industrial 3D printers, machine vision systems), by solution (SCADA, MES, industrial safety, PAM), and by industry [process industries (oil & gas, chemicals, pulp & paper, pharmaceuticals, metals & mining, food & beverages, energy & power, other process industries), discrete industries (automotive, aerospace & defense, semiconductor & electronics, machine manufacturing, medical devices, other discrete industries)]. It also discusses the market’s drivers, restraints, opportunities, and challenges. It provides a detailed market analysis across four key regions (North America, Europe, Asia Pacific, and RoW). The report includes a review of the supply chain and competitive landscape of key players operating in the smart factory ecosystem.
Key Benefits of Buying the Report:
Analysis of key drivers (growing emphasis on improving energy efficiency, optimizing resource utilization, and minimizing production costs; increasing adoption of industrial robots; surging use of IoT and AI technologies across industrial settings), restraints (high capital investment requirements, rising security concerns related to cyber-physical systems), opportunities (adoption of 5G in next-generation smart factories, advancements in wireless sensor technologies and their integration into intelligent manufacturing), challenges (bridging the gap between (IT) and (OT) systems, exposure to cyber threats)
• Service Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and product launches in the smart factory market
• Market Development: Comprehensive information about lucrative markets by analyzing the smart factory market across varied regions
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the smart factory market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as ABB (Switzerland), Emerson Electric Co. (US), Honeywell International Inc. (US), Rockwell Automation (US), and Schneider Electric (France).
圖表清單 List of Tables & Figures
TABLE 1 SMART FACTORY MARKET: RESEARCH ASSUMPTIONS 50
TABLE 2 SMART FACTORY MARKET: RISK ANALYSIS 50
TABLE 3 SMART FACTORY MARKET: ROLE OF COMPANIES IN ECOSYSTEM 70
TABLE 4 INDICATING PRICING OF MES SOFTWARE SUBSCRIPTIONS PER MONTH OFFERED BY KEY PLAYERS, 2024 (USD) 72
TABLE 5 AVERAGE SELLING PRICE TREND OF MES SOFTWARE SUBSCRIPTIONS PER MONTH, 2021–2024 (USD) 73
TABLE 6 AVERAGE SELLING PRICE TREND OF MES SOFTWARE SUBSCRIPTIONS PER MONTH, BY REGION, 2021–2024 (USD) 74
TABLE 7 AVERAGE SELLING PRICE OF INDUSTRIAL ROBOTS, BY PAYLOAD CAPACITY, 2024 75
TABLE 8 AVERAGE SELLING PRICE OF RTUS 76
TABLE 9 INDICATING PRICING OF MACHINE VISION COMPONENTS OFFERED BY KEY PLAYERS, 2024 (USD) 76
TABLE 10 AVERAGE SELLING PRICE (ASP) OF DIGITAL TEMPERATURE SENSORS OFFERED
BY MAJOR PLAYERS 77
TABLE 11 IMPACT OF PORTER’S FIVE FORCES: SMART FACTORY MARKET 79
TABLE 12 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP THREE INDUSTRIES 87
TABLE 13 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 87
TABLE 14 IMPORT DATA FOR HS CODE 847950-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION) 88
TABLE 15 EXPORT DATA FOR HS CODE 847950-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD MILLION) 89
TABLE 16 LIST OF MAJOR PATENTS, 2022–2024 91
TABLE 17 REGION-WISE LIST OF KEY CONFERENCES AND EVENTS 93
TABLE 18 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 94
TABLE 19 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 95
TABLE 20 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 96
TABLE 21 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 96
TABLE 22 MAJOR COMMUNICATION STANDARDS FOR SCADA SYSTEMS 97
TABLE 23 INDUSTRIAL SAFETY STANDARDS 97
TABLE 24 MACHINE VISION STANDARDS 98
TABLE 25 US ADJUSTED RECIPROCAL TARIFF RATES 101
TABLE 26 KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR SMART FACTORY 101
TABLE 27 SMART FACTORY MARKET, BY COMPONENT, 2021–2024 (USD MILLION) 109
TABLE 28 SMART FACTORY MARKET, BY COMPONENT, 2025–2030 (USD MILLION) 109
TABLE 29 COMPONENT: SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 109
TABLE 30 COMPONENT: SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 109
TABLE 31 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE,
2021–2024 (USD MILLION) 111
TABLE 32 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY SENSOR TYPE,
2025–2030 (USD MILLION) 111
TABLE 33 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY INDUSTRY,
2021–2024 (USD MILLION) 111
TABLE 34 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY INDUSTRY,
2025–2030 (USD MILLION) 112
TABLE 35 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2021–2024 (USD MILLION) 112
TABLE 36 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2025–2030 (USD MILLION) 112
TABLE 37 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2021–2024 (USD MILLION) 113
TABLE 38 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2025–2030 (USD MILLION) 113
TABLE 39 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 113
TABLE 40 INDUSTRIAL SENSORS: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 113
TABLE 41 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN NORTH AMERICA,
BY COUNTRY, 2021–2024 (USD MILLION) 114
TABLE 42 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION) 114
TABLE 43 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION) 114
TABLE 44 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION) 115
TABLE 45 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION) 115
TABLE 46 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION) 116
TABLE 47 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 116
TABLE 48 INDUSTRIAL SENSORS: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 116
TABLE 49 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE,
2021–2024 (USD MILLION) 119
TABLE 50 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY TYPE,
2025–2030 (USD MILLION) 120
TABLE 51 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY INDUSTRY,
2021–2024 (USD MILLION) 120
TABLE 52 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY INDUSTRY,
2025–2030 (USD MILLION) 120
TABLE 53 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2021–2024 (USD MILLION) 120
TABLE 54 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2025–2030 (USD MILLION) 121
TABLE 55 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2021–2024 (USD MILLION) 121
TABLE 56 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2025–2030 (USD MILLION) 121
TABLE 57 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 122
TABLE 58 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 122
TABLE 59 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN NORTH AMERICA,
BY COUNTRY, 2021–2024 (USD MILLION) 122
TABLE 60 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN NORTH AMERICA,
BY COUNTRY, 2025–2030 (USD MILLION) 122
TABLE 61 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 123
TABLE 62 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2025–2030 (USD MILLION) 123
TABLE 63 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION) 124
TABLE 64 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION) 124
TABLE 65 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 125
TABLE 66 INDUSTRIAL ROBOTS: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 125
TABLE 67 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, TRADITIONAL ROBOTS, BY TYPE, 2021–2024 (USD MILLION) 126
TABLE 68 INDUSTRIAL ROBOTS: SMART FACTORY MARKET, TRADITIONAL ROBOTS, BY TYPE, 2025–2030 (USD MILLION) 126
TABLE 69 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY INDUSTRY,
2021–2024 (USD MILLION) 129
TABLE 70 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY INDUSTRY,
2025–2030 (USD MILLION) 129
TABLE 71 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2021–2024 (USD MILLION) 130
TABLE 72 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2025–2030 (USD MILLION) 130
TABLE 73 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2021–2024 (USD MILLION) 130
TABLE 74 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2025–2030 (USD MILLION) 131
TABLE 75 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 131
TABLE 76 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 131
TABLE 77 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN NORTH AMERICA,
BY COUNTRY, 2021–2024 (USD MILLION) 132
TABLE 78 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN NORTH AMERICA,
BY COUNTRY, 2025–2030 (USD MILLION) 132
TABLE 79 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN EUROPE, BY COUNTRY, 2021–2024 (USD MILLION) 132
TABLE 80 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN EUROPE, BY COUNTRY, 2025–2030 (USD MILLION) 133
TABLE 81 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN ASIA PACIFIC,
BY COUNTRY, 2021–2024 (USD MILLION) 133
TABLE 82 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN ASIA PACIFIC,
BY COUNTRY, 2025–2030 (USD MILLION) 134
TABLE 83 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 134
TABLE 84 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 134
TABLE 85 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY OFFERING,
2021–2024 (USD MILLION) 135
TABLE 86 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY OFFERING,
2025–2030 (USD MILLION) 135
TABLE 87 MACHINE VISION: SMART FACTORY MARKET, BY INDUSTRY,
2021–2024 (USD MILLION) 137
TABLE 88 MACHINE VISION: SMART FACTORY MARKET, BY INDUSTRY,
2025–2030 (USD MILLION) 138
TABLE 89 MACHINE VISION: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2021–2024 (USD MILLION) 138
TABLE 90 MACHINE VISION: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2025–2030 (USD MILLION) 138
TABLE 91 MACHINE VISION: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2021–2024 (USD MILLION) 139
TABLE 92 MACHINE VISION: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2025–2030 (USD MILLION) 139
TABLE 93 MACHINE VISION: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 139
TABLE 94 MACHINE VISION: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 140
TABLE 95 MACHINE VISION: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION) 140
TABLE 96 MACHINE VISION: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION) 140
TABLE 97 MACHINE VISION: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 141
TABLE 98 MACHINE VISION: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2025–2030 (USD MILLION) 141
TABLE 99 MACHINE VISION: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2021–2024 (USD MILLION) 142
TABLE 100 MACHINE VISION: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2025–2030 (USD MILLION) 142
TABLE 101 MACHINE VISION: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 143
TABLE 102 MACHINE VISION: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 143
TABLE 103 MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT,
2021–2024 (USD MILLION) 144
TABLE 104 MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT,
2025–2030 (USD MILLION) 144
TABLE 105 MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT,
2021–2024 (MILLION UNITS) 145
TABLE 106 MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT,
2025–2030 (MILLION UNITS) 145
TABLE 107 SMART FACTORY MARKET, BY SOLUTION, 2021–2024 (USD MILLION) 151
TABLE 108 SMART FACTORY MARKET, BY SOLUTION, 2025–2030 (USD MILLION) 151
TABLE 109 SOLUTION: SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 152
TABLE 110 SOLUTION: SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 152
TABLE 111 MES: SMART FACTORY MARKET, BY INDUSTRY, 2021–2024 (USD MILLION) 153
TABLE 112 MES: SMART FACTORY MARKET, BY INDUSTRY, 2025–2030 (USD MILLION) 153
TABLE 113 MES: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2021–2024 (USD MILLION) 154
TABLE 114 MES: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2025–2030 (USD MILLION) 154
TABLE 115 MES: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2021–2024 (USD MILLION) 154
TABLE 116 MES: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2025–2030 (USD MILLION) 155
TABLE 117 MES: SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 155
TABLE 118 MES: SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 155
TABLE 119 MES: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2024 (USD MILLION) 156
TABLE 120 MES: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2025–2030 (USD MILLION) 156
TABLE 121 MES: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 156
TABLE 122 MES: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2025–2030 (USD MILLION) 157
TABLE 123 MES: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2021–2024 (USD MILLION) 157
TABLE 124 MES: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2025–2030 (USD MILLION) 158
TABLE 125 MES: SMART FACTORY MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION) 158
TABLE 126 MES: SMART FACTORY MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION) 158
TABLE 127 MES: SMART FACTORY MARKET, BY DEPLOYMENT MODE,
2021–2024 (USD MILLION) 160
TABLE 128 MES: SMART FACTORY MARKET, BY DEPLOYMENT MODE,
2025–2030 (USD MILLION) 160
TABLE 129 MES: SMART FACTORY MARKET, BY OFFERING, 2021–2024 (USD MILLION) 162
TABLE 130 MES: SMART FACTORY MARKET, BY OFFERING, 2025–2030 (USD MILLION) 163
TABLE 131 SCADA: SMART FACTORY MARKET, BY INDUSTRY, 2021–2024 (USD MILLION) 166
TABLE 132 SCADA: SMART FACTORY MARKET, BY INDUSTRY, 2025–2030 (USD MILLION) 166
TABLE 133 SCADA: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2021–2024 (USD MILLION) 166
TABLE 134 SCADA: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2025–2030 (USD MILLION) 167
TABLE 135 SCADA: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2021–2024 (USD MILLION) 167
TABLE 136 SCADA: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2025–2030 (USD MILLION) 167
TABLE 137 SCADA: SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 168
TABLE 138 SCADA: SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 168
TABLE 139 SCADA: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2024 (USD MILLION) 168
TABLE 140 SCADA: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2025–2030 (USD MILLION) 168
TABLE 141 SCADA: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 169
TABLE 142 SCADA: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2025–2030 (USD MILLION) 169
TABLE 143 SCADA: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2021–2024 (USD MILLION) 170
TABLE 144 SCADA: SMART FACTORY MARKET, ASIA PACIFIC BY COUNTRY,
2025–2030 (USD MILLION) 170
TABLE 145 SCADA: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 171
TABLE 146 SCADA: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 171
TABLE 147 SCADA: SMART FACTORY MARKET, BY OFFERING, 2021–2024 (USD MILLION) 172
TABLE 148 SCADA: SMART FACTORY MARKET, BY OFFERING, 2025–2030 (USD MILLION) 172
TABLE 149 SCADA: SMART FACTORY MARKET, BY HARDWARE TYPE,
2021–2024 (USD MILLION) 174
TABLE 150 SCADA: SMART FACTORY MARKET, BY HARDWARE TYPE,
2025–2030 (USD MILLION) 174
TABLE 151 ADVANTAGES AND DISADVANTAGES OF WIRED COMMUNICATION SYSTEMS 181
TABLE 152 ADVANTAGES AND DISADVANTAGES OF WIRELESS COMMUNICATION SYSTEMS 181
TABLE 153 SCADA: SMART FACTORY MARKET, BY SOFTWARE, 2021–2024 (USD MILLION) 182
TABLE 154 SCADA: SMART FACTORY MARKET, BY SOFTWARE, 2025–2030 (USD MILLION) 183
TABLE 155 SCADA: SMART FACTORY MARKET, BY SERVICES, 2021–2024 (USD MILLION) 187
TABLE 156 SCADA: SMART FACTORY MARKET, BY SERVICES, 2025–2030 (USD MILLION) 187
TABLE 157 PAM: SMART FACTORY MARKET, BY INDUSTRY, 2021–2024 (USD MILLION) 189
TABLE 158 PAM: SMART FACTORY MARKET, BY INDUSTRY, 2025–2030 (USD MILLION) 190
TABLE 159 PAM: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2021–2024 (USD MILLION) 190
TABLE 160 PAM: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2025–2030 (USD MILLION) 190
TABLE 161 PAM: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2021–2024 (USD MILLION) 191
TABLE 162 PAM: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2025–2030 (USD MILLION) 191
TABLE 163 PAM: SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 191
TABLE 164 PAM: SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 192
TABLE 165 PAM: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2024 (USD MILLION) 192
TABLE 166 PAM: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY,
2025–2030 (USD MILLION) 192
TABLE 167 PAM: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 193
TABLE 168 PAM: SMART FACTORY MARKET IN EUROPE BY COUNTRY,
2025–2030 (USD MILLION) 193
TABLE 169 PAM: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2021–2024 (USD MILLION) 194
TABLE 170 PAM: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY,
2025–2030 (USD MILLION) 194
TABLE 171 PAM: SMART FACTORY MARKET IN ROW, BY REGION, 2021–2024 (USD MILLION) 195
TABLE 172 PAM: SMART FACTORY MARKET IN ROW, BY REGION, 2025–2030 (USD MILLION) 195
TABLE 173 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2021–2024 (USD MILLION) 196
TABLE 174 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY PROCESS INDUSTRIES,
2025–2030 (USD MILLION) 197
TABLE 175 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2021–2024 (USD MILLION) 197
TABLE 176 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY DISCRETE INDUSTRIES,
2025–2030 (USD MILLION) 197
TABLE 177 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 198
TABLE 178 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 198
TABLE 179 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2024 (USD MILLION) 198
TABLE 180 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN NORTH AMERICA, BY COUNTRY, 2025–2030 (USD MILLION) 199
TABLE 181 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2021–2024 (USD MILLION) 199
TABLE 182 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN EUROPE, BY COUNTRY,
2025–2030 (USD MILLION) 200
TABLE 183 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2021–2024 (USD MILLION) 200
TABLE 184 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN ASIA PACIFIC, BY COUNTRY, 2025–2030 (USD MILLION) 201
TABLE 185 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN ROW, BY REGION,
2021–2024 (USD MILLION) 201
TABLE 186 INDUSTRIAL SAFETY: SMART FACTORY MARKET IN ROW, BY REGION,
2025–2030 (USD MILLION) 201
TABLE 187 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY TYPE,
2021–2024 (USD MILLION) 202
TABLE 188 INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY TYPE,
2025–2030 (USD MILLION) 202
TABLE 189 SMART FACTORY MARKET, BY INDUSTRY, 2021–2024 (USD MILLION) 206
TABLE 190 SMART FACTORY MARKET, BY INDUSTRY, 2025–2030 (USD MILLION) 206
TABLE 191 SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2021–2024 (USD MILLION) 207
TABLE 192 SMART FACTORY MARKET, BY PROCESS INDUSTRIES, 2025–2030 (USD MILLION) 207
TABLE 193 SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2021–2024 (USD MILLION) 213
TABLE 194 SMART FACTORY MARKET, BY DISCRETE INDUSTRIES, 2025–2030 (USD MILLION) 214
TABLE 195 SMART FACTORY MARKET, BY REGION, 2021–2024 (USD MILLION) 221
TABLE 196 SMART FACTORY MARKET, BY REGION, 2025–2030 (USD MILLION) 221
TABLE 197 NORTH AMERICA: SMART FACTORY MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 224
TABLE 198 NORTH AMERICA: SMART FACTORY MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 225
TABLE 199 NORTH AMERICA: SMART FACTORY MARKET, BY COMPONENT,
2021–2024 (USD MILLION) 225
TABLE 200 NORTH AMERICA: SMART FACTORY MARKET, BY COMPONENT,
2025–2030 (USD MILLION) 225
TABLE 201 NORTH AMERICA: SMART FACTORY MARKET, BY SOLUTION,
2021–2024 (USD MILLION) 226
TABLE 202 NORTH AMERICA: SMART FACTORY MARKET, BY SOLUTION,
2025–2030 (USD MILLION) 226
TABLE 203 EUROPE: SMART FACTORY MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 231
TABLE 204 EUROPE: SMART FACTORY MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 231
TABLE 205 EUROPE: SMART FACTORY MARKET, BY COMPONENT, 2021–2024 (USD MILLION) 232
TABLE 206 EUROPE: SMART FACTORY MARKET, BY COMPONENT, 2025–2030 (USD MILLION) 232
TABLE 207 EUROPE: SMART FACTORY MARKET, BY SOLUTION, 2021–2024 (USD MILLION) 232
TABLE 208 EUROPE: SMART FACTORY MARKET, BY SOLUTION, 2025–2030 (USD MILLION) 233
TABLE 209 ASIA PACIFIC: SMART FACTORY MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 239
TABLE 210 ASIA PACIFIC: SMART FACTORY MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 239
TABLE 211 ASIA PACIFIC: SMART FACTORY MARKET, BY COMPONENT,
2021–2024 (USD MILLION) 240
TABLE 212 ASIA PACIFIC: SMART FACTORY MARKET, BY COMPONENT,
2025–2030 (USD MILLION) 240
TABLE 213 ASIA PACIFIC: SMART FACTORY MARKET, BY SOLUTION,
2021–2024 (USD MILLION) 240
TABLE 214 ASIA PACIFIC: SMART FACTORY MARKET, BY SOLUTION,
2025–2030 (USD MILLION) 240
TABLE 215 REST OF THE WORLD: SMART FACTORY MARKET, BY REGION,
2021–2024 (USD MILLION) 245
TABLE 216 REST OF THE WORLD: SMART FACTORY MARKET, BY REGION,
2025–2030 (USD MILLION) 246
TABLE 217 REST OF THE WORLD: SMART FACTORY MARKET, BY COMPONENT,
2021–2024 (USD MILLION) 246
TABLE 218 REST OF THE WORLD: SMART FACTORY MARKET, BY COMPONENT,
2025–2030 (USD MILLION) 246
TABLE 219 REST OF THE WORLD: SMART FACTORY MARKET, BY SOLUTION,
2021–2024 (USD MILLION) 246
TABLE 220 REST OF THE WORLD: SMART FACTORY MARKET, BY SOLUTION,
2025–2030 (USD MILLION) 247
TABLE 221 MIDDLE EAST: SMART FACTORY MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 247
TABLE 222 AFRICA: SMART FACTORY MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 248
TABLE 223 SOUTH AMERICA: SMART FACTORY MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 250
TABLE 224 AFRICA: SMART FACTORY MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 250
TABLE 225 AFRICA: SMART FACTORY MARKET, BY COUNTRY, 2021–2024 (USD MILLION) 252
TABLE 226 AFRICA: SMART FACTORY MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 252
TABLE 227 SMART FACTORY MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021–JUNE 2025 254
TABLE 228 MACHINE VISION MARKET: DEGREE OF COMPETITION 258
TABLE 229 INDUSTRIAL ROBOTS MARKET: DEGREE OF COMPETITION, 2023 260
TABLE 230 MANUFACTURING EXECUTION SYSTEMS MARKET:
DEGREE OF COMPETITION, 2024 260
TABLE 231 SCADA MARKET: DEGREE OF COMPETITION, 2024 261
TABLE 232 MACHINE VISION MARKET: COMPANY FOOTPRINT (25 COMPANIES) 267
TABLE 233 MACHINE VISION MARKET: REGION FOOTPRINT 268
TABLE 234 MACHINE VISION MARKET: SYSTEM TYPE FOOTPRINT 269
TABLE 235 MACHINE VISION MARKET: COMPONENT FOOTPRINT 270
TABLE 236 MACHINE VISION MARKET: INDUSTRY FOOTPRINT 271
TABLE 237 SCADA MARKET: REGION FOOTPRINT 273
TABLE 238 SCADA MARKET: OFFERING FOOTPRINT 274
TABLE 239 SCADA MARKET: END USER FOOTPRINT 275
TABLE 240 SMART FACTORY MARKET: DETAILED LIST OF KEY STARTUPS/SMES 279
TABLE 241 SMART FACTORY MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 279
TABLE 242 SMART FACTORY MARKET: PRODUCT LAUNCHES, JANUARY 2021–JUNE 2025 281
TABLE 243 SMART FACTORY MARKET: DEALS, JANUARY 2021–JUNE 2025 282
TABLE 244 SMART FACTORY MARKET: EXPANSIONS, JANUARY 2021–JUNE 2025 283
TABLE 245 SMART FACTORY MARKET: OTHER DEVELOPMENTS, JANUARY 2021–JUNE 2025 284
TABLE 246 ABB: COMPANY OVERVIEW 285
TABLE 247 ABB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 286
TABLE 248 ABB: PRODUCT LAUNCHES 288
TABLE 249 ABB: DEALS 288
TABLE 250 ABB: EXPANSIONS 289
TABLE 251 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 291
TABLE 252 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 292
TABLE 253 EMERSON ELECTRIC CO.: PRODUCT LAUNCHES & DEVELOPMENTS 293
TABLE 254 EMERSON ELECTRIC CO.: DEALS 294
TABLE 255 SIEMENS: COMPANY OVERVIEW 296
TABLE 256 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297
TABLE 257 SIEMENS: PRODUCT LAUNCHES 299
TABLE 258 SIEMENS: DEALS 299
TABLE 259 SCHNEIDER ELECTRIC: COMPANY OVERVIEW 301
TABLE 260 SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 303
TABLE 261 SCHNEIDER ELECTRIC: PRODUCT LAUNCHES 304
TABLE 262 SCHNEIDER ELECTRIC: EXPANSIONS 304
TABLE 263 SCHNEIDER ELECTRIC: DEALS 305
TABLE 264 ROCKWELL AUTOMATION, INC.: COMPANY OVERVIEW 306
TABLE 265 ROCKWELL AUTOMATION, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
TABLE 266 ROCKWELL AUTOMATION, INC.: PRODUCT LAUNCHES & DEVELOPMENTS 309
TABLE 267 ROCKWELL AUTOMATION, INC.: DEALS 310
TABLE 268 ROCKWELL AUTOMATION, INC.: EXPANSIONS 311
TABLE 269 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 312
TABLE 270 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 313
TABLE 271 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES & DEVELOPMENTS 314
TABLE 272 HONEYWELL INTERNATIONAL INC.: DEALS 315
TABLE 273 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 316
TABLE 274 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 317
TABLE 275 MITSUBISHI ELECTRIC CORPORATION: PRODUCT LAUNCHES 319
TABLE 276 MITSUBISHI ELECTRIC CORPORATION: DEALS 319
TABLE 277 MITSUBISHI ELECTRIC CORPORATION: EXPANSIONS 320
TABLE 278 MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS 320
TABLE 279 GE VERNOVA: COMPANY OVERVIEW 321
TABLE 280 GE VERNOVA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 322
TABLE 281 GE VERNOVA: PRODUCT LAUNCHES & DEVELOPMENTS 324
TABLE 282 YOKOGAWA ELECTRIC CORPORATION: COMPANY OVERVIEW 325
TABLE 283 YOKOGAWA ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 327
TABLE 284 YOKOGAWA ELECTRIC CORPORATION: PRODUCT LAUNCHES & DEVELOPMENTS 327
TABLE 285 YOKOGAWA ELECTRIC CORPORATION: DEALS 328
TABLE 286 YOKOGAWA ELECTRIC CORPORATION: OTHER DEVELOPMENTS 328
TABLE 287 OMRON CORPORATION: COMPANY OVERVIEW 329
TABLE 288 OMRON CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 330
TABLE 289 OMRON CORPORATION: PRODUCT LAUNCHES 331
TABLE 290 OMRON CORPORATION: DEALS 332
TABLE 291 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY OVERVIEW 333
TABLE 292 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 334
TABLE 293 ENDRESS+HAUSER GROUP SERVICES AG: PRODUCT LAUNCHES & DEVELOPMENTS 335
TABLE 294 ENDRESS+HAUSER GROUP SERVICES AG: DEALS 335
TABLE 295 ENDRESS+HAUSER GROUP SERVICES AG: EXPANSIONS 336
TABLE 296 FANUC CORPORATION: COMPANY OVERVIEW 337
TABLE 297 FANUC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 339
TABLE 298 FANUC CORPORATION: PRODUCT LAUNCHES & DEVELOPMENTS 339
TABLE 299 WIKA ALEXANDER WIEGAND SE & CO. KG: COMPANY OVERVIEW 341
TABLE 300 WIKA ALEXANDER WIEGAND SE & CO. KG: PRODUCTS/SOLUTIONS/
SERVICES OFFERED 341
TABLE 301 WIKA ALEXANDER WIEGAND SE & CO. KG: PRODUCT LAUNCHES 342
TABLE 302 WIKA ALEXANDER WIEGAND SE & CO. KG: EXPANSIONS 342
TABLE 303 DWYER INSTRUMENTS, LLC: COMPANY OVERVIEW 343
TABLE 304 DWYER INSTRUMENTS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 343
TABLE 305 DWYER INSTRUMENTS, LLC: PRODUCT LAUNCHES & DEVELOPMENTS 344
TABLE 306 STRATASYS: COMPANY OVERVIEW 345
TABLE 307 STRATASYS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 346
TABLE 308 STRATASYS: PRODUCT LAUNCHES & DEVELOPMENTS 347
TABLE 309 STRATASYS: DEALS 348
TABLE 310 3D SYSTEMS, INC.: COMPANY OVERVIEW 349
TABLE 311 3D SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 350
TABLE 312 3D SYSTEMS, INC.: PRODUCT LAUNCHES & DEVELOPMENTS 351
TABLE 313 3D SYSTEMS, INC.: DEALS 351
TABLE 314 COGNEX CORPORATION: COMPANY OVERVIEW 353
TABLE 315 COGNEX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 354
TABLE 316 COGNEX CORPORATION: PRODUCT LAUNCHES 355
TABLE 317 BASLER AG: COMPANY OVERVIEW 357
TABLE 318 BASLER AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 358
TABLE 319 BASLER AG: PRODUCT LAUNCHES 359
TABLE 320 BASLER AG: DEALS 360
TABLE 321 FUJI ELECTRIC CO., LTD.: COMPANY OVERVIEW 361
TABLE 322 HITACHI, LTD.: COMPANY OVERVIEW 362
TABLE 323 KROHNE MESSTECHNIK GMBH: COMPANY OVERVIEW 363
TABLE 324 AZBIL CORPORATION: COMPANY OVERVIEW 364
TABLE 325 VEGA GRIESHABER KG: COMPANY OVERVIEW 365
TABLE 326 DANFOSS: COMPANY OVERVIEW 365
TABLE 327 KUKA AG: COMPANY OVERVIEW 366
TABLE 328 TRIDITIVE: COMPANY OVERVIEW 367
TABLE 329 ROBOZE: COMPANY OVERVIEW 368
TABLE 330 ZIVID: COMPANY OVERVIEW 368
TABLE 331 INXPECT S.P.A.: COMPANY OVERVIEW 369
TABLE 332 INUITIVE: COMPANY OVERVIEW 369
TABLE 333 FUELICS: COMPANY OVERVIEW 370
TABLE 334 ULTIMAKER: COMPANY OVERVIEW 370
TABLE 335 NANO DIMENSION: COMPANY OVERVIEW 371
TABLE 336 PICK-IT N.V.: COMPANY OVERVIEW 371
TABLE 337 ONROBOT A/S: COMPANY OVERVIEW 372
FIGURE 1 SMART FACTORY MARKET SEGMENTATION AND REGIONAL SCOPE 35
FIGURE 2 SMART FACTORY MARKET: RESEARCH DESIGN 39
FIGURE 3 SMART FACTORY MARKET: RESEARCH APPROACH 41
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 46
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 47
FIGURE 6 MACHINE VISION MARKET SIZE ESTIMATION METHODOLOGY 47
FIGURE 7 MANUFACTURING EXECUTION SYSTEMS MARKET SIZE ESTIMATION METHODOLOGY 48
FIGURE 8 SCADA MARKET SIZE ESTIMATION METHODOLOGY 48
FIGURE 9 MARKET BREAKDOWN AND DATA TRIANGULATION 49
FIGURE 10 SMART FACTORY MARKET SIZE, 2021–2030 53
FIGURE 11 INDUSTRIAL 3D PRINTING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 53
FIGURE 12 PAM SEGMENT TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 54
FIGURE 13 PHARMACEUTICAL INDUSTRY TO WITNESS HIGHEST GROWTH RATE DURING FORECAST PERIOD 54
FIGURE 14 MEDICAL DEVICES SEGMENT TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 55
FIGURE 15 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 56
FIGURE 16 INCREASING USE OF AUTOMATION IN MANUFACTURING TO BOOST ADOPTION OF SMART FACTORY SOLUTIONS 57
FIGURE 17 INDUSTRIAL SENSORS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 57
FIGURE 18 MES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 58
FIGURE 19 OIL & GAS INDUSTRY TO BE LARGEST END USER IN 2025 58
FIGURE 20 AUTOMOTIVE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2025 59
FIGURE 21 MES DOMINATED NORTH AMERICAN SMART FACTORY MARKET IN 2024 59
FIGURE 22 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 60
FIGURE 23 SMART FACTORY MARKET: DRIVERS, RESTRAINTS,
OPPORTUNITIES, AND CHALLENGES 61
FIGURE 24 HISTORICAL AND PROJECTED ANNUAL INSTALLATION OF
INDUSTRIAL ROBOTS, 2021–2027 63
FIGURE 25 SMART FACTORY MARKET DRIVERS AND THEIR IMPACT 64
FIGURE 26 SMART FACTORY MARKET RESTRAINTS AND THEIR IMPACT 65
FIGURE 27 SMART FACTORY MARKET OPPORTUNITIES AND THEIR IMPACT 66
FIGURE 28 SMART FACTORY MARKET CHALLENGES AND THEIR IMPACT 67
FIGURE 29 SMART FACTORY MARKET: VALUE CHAIN ANALYSIS 68
FIGURE 30 SMART FACTORY MARKET: ECOSYSTEM ANALYSIS 69
FIGURE 31 INVESTMENT AND FUNDING SCENARIO, 2021–2024 71
FIGURE 32 AVERAGE SELLING PRICE TREND OF MES SOFTWARE
SUBSCRIPTIONS PER MONTH, 2021–2024 72
FIGURE 33 AVERAGE SELLING PRICE TREND OF MES SOFTWARE
SUBSCRIPTIONS PER MONTH, BY REGION, 2021−2024 73
FIGURE 34 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 77
FIGURE 35 SMART FACTORY MARKET: PORTER’S FIVE FORCES ANALYSIS 78
FIGURE 36 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP THREE INDUSTRIES 86
FIGURE 37 BUYING CRITERIA FOR TOP THREE INDUSTRIES 87
FIGURE 38 IMPORT SCENARIO FOR HS CODE 847950-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024 88
FIGURE 39 EXPORT SCENARIO FOR HS CODE 847950-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2024 89
FIGURE 40 PATENTS APPLIED AND GRANTED, 2015–2024 90
FIGURE 41 AI USE CASES IN SMART FACTORY 99
FIGURE 42 SMART FACTORY MARKET, BY COMPONENT 108
FIGURE 43 INDUSTRIAL SENSORS SEGMENT TO LEAD SMART FACTORY MARKET DURING FORECAST PERIOD 108
FIGURE 44 INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY OFFERING 135
FIGURE 45 MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT 144
FIGURE 46 SMART FACTORY MARKET, BY SOLUTION 150
FIGURE 47 MES SEGMENT TO LEAD SMART FACTORY MARKET FROM 2025 TO 2030 151
FIGURE 48 MANUFACTURING EXECUTION SYSTEM: SMART FACTORY MARKET, BY DEPLOYMENT MODE 160
FIGURE 49 MANUFACTURING EXECUTION SYSTEM: SMART FACTORY MARKET, BY OFFERING 162
FIGURE 50 SCADA: SMART FACTORY MARKET, BY OFFERING 172
FIGURE 51 HARDWARE COMPONENTS OF SCADA SYSTEM 173
FIGURE 52 PLC HARDWARE SYSTEM 175
FIGURE 53 OPERATING CYCLE OF PLC 175
FIGURE 54 BENEFITS OF PLC 176
FIGURE 55 ARCHITECTURE OF RTU 177
FIGURE 56 ADVANTAGES OF SOFTWARE-INTEGRATED SCADA SYSTEMS 183
FIGURE 57 SOFTWARE DEPLOYMENT MODES 184
FIGURE 58 LIMITATIONS OF ON-PREMISES SCADA SYSTEMS 185
FIGURE 59 ADVANTAGES OF CLOUD-BASED SCADA SYSTEMS 186
FIGURE 60 ADVANTAGES OF SCADA SYSTEM SERVICES 188
FIGURE 61 SMART FACTORY MARKET, BY INDUSTRY 205
FIGURE 62 PHARMACEUTICALS SEGMENT TO GROW AT HIGHEST
CAGR DURING FORECAST PERIOD 208
FIGURE 63 AUTOMOTIVE SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2024 214
FIGURE 64 SMART FACTORY MARKET, BY REGION 219
FIGURE 65 CHINA TO EXHIBIT HIGHEST CAGR IN GLOBAL SMART FACTORY MARKET DURING FORECAST PERIOD 220
FIGURE 66 ASIA PACIFIC TO REGISTER HIGHEST CAGR IN SMART FACTORY MARKET DURING FORECAST PERIOD 220
FIGURE 67 NORTH AMERICA: SMART FACTORY MARKET SNAPSHOT 224
FIGURE 68 EUROPE: SMART FACTORY MARKET SNAPSHOT 230
FIGURE 69 ASIA PACIFIC: SMART FACTORY MARKET SNAPSHOT 238
FIGURE 70 REST OF THE WORLD: SMART FACTORY MARKET SNAPSHOT 245
FIGURE 71 SMART FACTORY MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS,
2020–2024 257
FIGURE 72 MACHINE VISION MARKET SHARE ANALYSIS, 2024 258
FIGURE 73 COMPANY VALUATION, 2025 262
FIGURE 74 FINANCIAL METRICS (EV/EBITDA), 2025 262
FIGURE 75 PRODUCT COMPARISON 263
FIGURE 76 MACHINE VISION MARKET: COMPANY EVALUATION MATRIX, 2024 265
FIGURE 77 SCADA MARKET: COMPANY EVALUATION MATRIX, 2024 266
FIGURE 78 SCADA MARKET: COMPANY OVERALL FOOTPRINT 272
FIGURE 79 MACHINE VISION MARKET: STARTUPS/SMES EVALUATION MATRIX, 2024 277
FIGURE 80 SCADA MARKET: STARTUPS/SMES EVALUATION MATRIX, 2024 278
FIGURE 81 ABB: COMPANY SNAPSHOT 286
FIGURE 82 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 292
FIGURE 83 SIEMENS: COMPANY SNAPSHOT 297
FIGURE 84 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT 302
FIGURE 85 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT 307
FIGURE 86 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 313
FIGURE 87 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 317
FIGURE 88 GE VERNOVA: COMPANY SNAPSHOT 322
FIGURE 89 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT 326
FIGURE 90 OMRON CORPORATION: COMPANY SNAPSHOT 330
FIGURE 91 ENDRESS+HAUSER GROUP SERVICES AG: COMPANY SNAPSHOT 334
FIGURE 92 FANUC CORPORATION: COMPANY SNAPSHOT 338
FIGURE 93 STRATASYS: COMPANY SNAPSHOT 346
FIGURE 94 3D SYSTEMS, INC.: COMPANY SNAPSHOT 350
FIGURE 95 COGNEX CORPORATION: COMPANY SNAPSHOT 353
FIGURE 96 BASLER AG: COMPANY SNAPSHOT 358