Global Smart Factory Market 2025 by Company, Regions, Type and Application, Forecast to 2031
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Classification of Smart Factory by Type
- 1.3.1 Overview: Global Smart Factory Market Size by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Global Smart Factory Consumption Value Market Share by Type in 2024
- 1.3.3 Smart Factory Hardware
- 1.3.4 Smart Factory Software
- 1.3.5 Smart Factory Services
- 1.4 Global Smart Factory Market by Application
- 1.4.1 Overview: Global Smart Factory Market Size by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Automotive
- 1.4.3 Aerospace & Defence
- 1.4.4 Electrical & Electronics
- 1.4.5 Food & Beverages
- 1.4.6 Energy & Utilities
- 1.4.7 Healthcare & Pharmaceuticals
- 1.4.8 Others
- 1.5 Global Smart Factory Market Size & Forecast
- 1.6 Global Smart Factory Market Size and Forecast by Region
- 1.6.1 Global Smart Factory Market Size by Region: 2020 VS 2024 VS 2031
- 1.6.2 Global Smart Factory Market Size by Region, (2020-2031)
- 1.6.3 North America Smart Factory Market Size and Prospect (2020-2031)
- 1.6.4 Europe Smart Factory Market Size and Prospect (2020-2031)
- 1.6.5 Asia-Pacific Smart Factory Market Size and Prospect (2020-2031)
- 1.6.6 South America Smart Factory Market Size and Prospect (2020-2031)
- 1.6.7 Middle East & Africa Smart Factory Market Size and Prospect (2020-2031)
2 Company Profiles
- 2.1 Siemens
- 2.1.1 Siemens Details
- 2.1.2 Siemens Major Business
- 2.1.3 Siemens Smart Factory Product and Solutions
- 2.1.4 Siemens Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Siemens Recent Developments and Future Plans
- 2.2 ABB
- 2.2.1 ABB Details
- 2.2.2 ABB Major Business
- 2.2.3 ABB Smart Factory Product and Solutions
- 2.2.4 ABB Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 ABB Recent Developments and Future Plans
- 2.3 Atos SE
- 2.3.1 Atos SE Details
- 2.3.2 Atos SE Major Business
- 2.3.3 Atos SE Smart Factory Product and Solutions
- 2.3.4 Atos SE Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Atos SE Recent Developments and Future Plans
- 2.4 Cisco Systems Inc.
- 2.4.1 Cisco Systems Inc. Details
- 2.4.2 Cisco Systems Inc. Major Business
- 2.4.3 Cisco Systems Inc. Smart Factory Product and Solutions
- 2.4.4 Cisco Systems Inc. Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Cisco Systems Inc. Recent Developments and Future Plans
- 2.5 General Electric
- 2.5.1 General Electric Details
- 2.5.2 General Electric Major Business
- 2.5.3 General Electric Smart Factory Product and Solutions
- 2.5.4 General Electric Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 General Electric Recent Developments and Future Plans
- 2.6 Emerson
- 2.6.1 Emerson Details
- 2.6.2 Emerson Major Business
- 2.6.3 Emerson Smart Factory Product and Solutions
- 2.6.4 Emerson Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Emerson Recent Developments and Future Plans
- 2.7 Bosch
- 2.7.1 Bosch Details
- 2.7.2 Bosch Major Business
- 2.7.3 Bosch Smart Factory Product and Solutions
- 2.7.4 Bosch Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Bosch Recent Developments and Future Plans
- 2.8 Honeywell
- 2.8.1 Honeywell Details
- 2.8.2 Honeywell Major Business
- 2.8.3 Honeywell Smart Factory Product and Solutions
- 2.8.4 Honeywell Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Honeywell Recent Developments and Future Plans
- 2.9 Microsoft Corporation
- 2.9.1 Microsoft Corporation Details
- 2.9.2 Microsoft Corporation Major Business
- 2.9.3 Microsoft Corporation Smart Factory Product and Solutions
- 2.9.4 Microsoft Corporation Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Microsoft Corporation Recent Developments and Future Plans
- 2.10 IBM
- 2.10.1 IBM Details
- 2.10.2 IBM Major Business
- 2.10.3 IBM Smart Factory Product and Solutions
- 2.10.4 IBM Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 IBM Recent Developments and Future Plans
- 2.11 Schnieder Electric
- 2.11.1 Schnieder Electric Details
- 2.11.2 Schnieder Electric Major Business
- 2.11.3 Schnieder Electric Smart Factory Product and Solutions
- 2.11.4 Schnieder Electric Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Schnieder Electric Recent Developments and Future Plans
- 2.12 Oracle Corporation
- 2.12.1 Oracle Corporation Details
- 2.12.2 Oracle Corporation Major Business
- 2.12.3 Oracle Corporation Smart Factory Product and Solutions
- 2.12.4 Oracle Corporation Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.12.5 Oracle Corporation Recent Developments and Future Plans
- 2.13 Rockwell Automation Inc.
- 2.13.1 Rockwell Automation Inc. Details
- 2.13.2 Rockwell Automation Inc. Major Business
- 2.13.3 Rockwell Automation Inc. Smart Factory Product and Solutions
- 2.13.4 Rockwell Automation Inc. Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.13.5 Rockwell Automation Inc. Recent Developments and Future Plans
- 2.14 SAP SE
- 2.14.1 SAP SE Details
- 2.14.2 SAP SE Major Business
- 2.14.3 SAP SE Smart Factory Product and Solutions
- 2.14.4 SAP SE Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.14.5 SAP SE Recent Developments and Future Plans
- 2.15 Yokogawa Electric
- 2.15.1 Yokogawa Electric Details
- 2.15.2 Yokogawa Electric Major Business
- 2.15.3 Yokogawa Electric Smart Factory Product and Solutions
- 2.15.4 Yokogawa Electric Smart Factory Revenue, Gross Margin and Market Share (2020-2025)
- 2.15.5 Yokogawa Electric Recent Developments and Future Plans
3 Market Competition, by Players
- 3.1 Global Smart Factory Revenue and Share by Players (2020-2025)
- 3.2 Market Share Analysis (2024)
- 3.2.1 Market Share of Smart Factory by Company Revenue
- 3.2.2 Top 3 Smart Factory Players Market Share in 2024
- 3.2.3 Top 6 Smart Factory Players Market Share in 2024
- 3.3 Smart Factory Market: Overall Company Footprint Analysis
- 3.3.1 Smart Factory Market: Region Footprint
- 3.3.2 Smart Factory Market: Company Product Type Footprint
- 3.3.3 Smart Factory Market: Company Product Application Footprint
- 3.4 New Market Entrants and Barriers to Market Entry
- 3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
- 4.1 Global Smart Factory Consumption Value and Market Share by Type (2020-2025)
- 4.2 Global Smart Factory Market Forecast by Type (2026-2031)
5 Market Size Segment by Application
- 5.1 Global Smart Factory Consumption Value Market Share by Application (2020-2025)
- 5.2 Global Smart Factory Market Forecast by Application (2026-2031)
6 North America
- 6.1 North America Smart Factory Consumption Value by Type (2020-2031)
- 6.2 North America Smart Factory Market Size by Application (2020-2031)
- 6.3 North America Smart Factory Market Size by Country
- 6.3.1 North America Smart Factory Consumption Value by Country (2020-2031)
- 6.3.2 United States Smart Factory Market Size and Forecast (2020-2031)
- 6.3.3 Canada Smart Factory Market Size and Forecast (2020-2031)
- 6.3.4 Mexico Smart Factory Market Size and Forecast (2020-2031)
7 Europe
- 7.1 Europe Smart Factory Consumption Value by Type (2020-2031)
- 7.2 Europe Smart Factory Consumption Value by Application (2020-2031)
- 7.3 Europe Smart Factory Market Size by Country
- 7.3.1 Europe Smart Factory Consumption Value by Country (2020-2031)
- 7.3.2 Germany Smart Factory Market Size and Forecast (2020-2031)
- 7.3.3 France Smart Factory Market Size and Forecast (2020-2031)
- 7.3.4 United Kingdom Smart Factory Market Size and Forecast (2020-2031)
- 7.3.5 Russia Smart Factory Market Size and Forecast (2020-2031)
- 7.3.6 Italy Smart Factory Market Size and Forecast (2020-2031)
8 Asia-Pacific
- 8.1 Asia-Pacific Smart Factory Consumption Value by Type (2020-2031)
- 8.2 Asia-Pacific Smart Factory Consumption Value by Application (2020-2031)
- 8.3 Asia-Pacific Smart Factory Market Size by Region
- 8.3.1 Asia-Pacific Smart Factory Consumption Value by Region (2020-2031)
- 8.3.2 China Smart Factory Market Size and Forecast (2020-2031)
- 8.3.3 Japan Smart Factory Market Size and Forecast (2020-2031)
- 8.3.4 South Korea Smart Factory Market Size and Forecast (2020-2031)
- 8.3.5 India Smart Factory Market Size and Forecast (2020-2031)
- 8.3.6 Southeast Asia Smart Factory Market Size and Forecast (2020-2031)
- 8.3.7 Australia Smart Factory Market Size and Forecast (2020-2031)
9 South America
- 9.1 South America Smart Factory Consumption Value by Type (2020-2031)
- 9.2 South America Smart Factory Consumption Value by Application (2020-2031)
- 9.3 South America Smart Factory Market Size by Country
- 9.3.1 South America Smart Factory Consumption Value by Country (2020-2031)
- 9.3.2 Brazil Smart Factory Market Size and Forecast (2020-2031)
- 9.3.3 Argentina Smart Factory Market Size and Forecast (2020-2031)
10 Middle East & Africa
- 10.1 Middle East & Africa Smart Factory Consumption Value by Type (2020-2031)
- 10.2 Middle East & Africa Smart Factory Consumption Value by Application (2020-2031)
- 10.3 Middle East & Africa Smart Factory Market Size by Country
- 10.3.1 Middle East & Africa Smart Factory Consumption Value by Country (2020-2031)
- 10.3.2 Turkey Smart Factory Market Size and Forecast (2020-2031)
- 10.3.3 Saudi Arabia Smart Factory Market Size and Forecast (2020-2031)
- 10.3.4 UAE Smart Factory Market Size and Forecast (2020-2031)
11 Market Dynamics
- 11.1 Smart Factory Market Drivers
- 11.2 Smart Factory Market Restraints
- 11.3 Smart Factory Trends Analysis
- 11.4 Porters Five Forces Analysis
- 11.4.1 Threat of New Entrants
- 11.4.2 Bargaining Power of Suppliers
- 11.4.3 Bargaining Power of Buyers
- 11.4.4 Threat of Substitutes
- 11.4.5 Competitive Rivalry
12 Industry Chain Analysis
- 12.1 Smart Factory Industry Chain
- 12.2 Smart Factory Upstream Analysis
- 12.3 Smart Factory Midstream Analysis
- 12.4 Smart Factory Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
- 14.1 Methodology
- 14.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Smart Factory market size was valued at US$ 99960 million in 2024 and is forecast to a readjusted size of USD 196520 million by 2031 with a CAGR of 10.3% during review period.
A smart factory is a digitised manufacturing facility that uses connected devices, machinery and production systems to continuously collect and share data.
Rapid technological advancements and digital trends such as industrial IoT (Internet of Things), 5G, etc., are anticipated to boost the establishment of smart factories across the world.
Global Smart Factory key players include Siemens, ABB, Atos SE, Cisco Systems Inc. and General Electric. Global top five manufacturers hold a share nearly 20%.
North America is the largest market, with a share about 25%, followed by China, and Europe, both have a share about 45 percent.
In terms of product, Smart Factory Hardware is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Automotive, followed by Electrical & Electronics, Energy & Utilities and Food & Beverages.
This report is a detailed and comprehensive analysis for global Smart Factory market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Smart Factory market size and forecasts, in consumption value ($ Million), 2020-2031
Global Smart Factory market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Smart Factory market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Smart Factory market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Smart Factory
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Smart Factory market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, Atos SE, Cisco Systems Inc., General Electric, Emerson, Bosch, Honeywell, Microsoft Corporation, IBM, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Smart Factory market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Smart Factory Hardware
Smart Factory Software
Smart Factory Services
Market segment by Application
Automotive
Aerospace & Defence
Electrical & Electronics
Food & Beverages
Energy & Utilities
Healthcare & Pharmaceuticals
Others
Market segment by players, this report covers
Siemens
ABB
Atos SE
Cisco Systems Inc.
General Electric
Emerson
Bosch
Honeywell
Microsoft Corporation
IBM
Schnieder Electric
Oracle Corporation
Rockwell Automation Inc.
SAP SE
Yokogawa Electric
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Smart Factory product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Smart Factory, with revenue, gross margin, and global market share of Smart Factory from 2020 to 2025.
Chapter 3, the Smart Factory competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Smart Factory market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Factory.
Chapter 13, to describe Smart Factory research findings and conclusion.