Smart Factory Market Size, Share & Industry Analysis, By Technology (Digital Twin, Industrial IoT, Industrial Robots, and Others), By Solutions (Industrial 3D Printers, Programmable Logic Controller (PLC), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), Robotic Process Automation (RPA), Supervisory Control And Data Acquisition (SCADA), and Others), By Industry (Discrete Industry and Process Industry), and Regional Forecast, 2025 – 2032

ATTRIBUTE 

DETAILS

Study Period

2019-2032

Base Year

2024

Estimated Year

2025

Forecast Period

2025-2032

Historical Period

2019-2023

Growth Rate

CAGR of 9.1% from 2025 to 2032

Unit

Value (USD Billion)

Segmentation

By Technology

• Digital Twin
• Industrial IoT
• Industrial Robots
• Others (Machine Vision, etc.)

By Solutions

• Industrial 3D Printers
• Programmable Logic Controller (PLC)
• Product Lifecycle Management (PLM)
• Manufacturing Execution System (MES)
• Robotic Process Automation (RPA)
• Supervisory Control And Data Acquisition (SCADA)
• Others (Energy Management Solutions, etc.)

By Industry

• Discrete Industry
• Automotive
• Marine & Transportation
• Industrial machinery
• Medical devices
• Semiconductor and Electronics
• Others (Aerospace and Defence, etc.)
• Process Industry
• Pharmaceuticals
• Mining and Metals
• Chemicals
• Pulp and Paper
• Others (Cable, etc.)

By Region

• North America (By Technology, By Solutions, By Industry, and By Country)
• U.S. (By Solutions)
• Canada (By Solutions)
• Latin America (By Technology, By Solutions, By Industry, and By Country)
• Brazil (By Solutions)
• Mexico (By Solutions)
• Rest of Latin America
• Europe (By Technology, By Solutions, By Industry, and By Country)
• U.K. (By Solutions)
• Germany (By Solutions)
• France (By Solutions)
• Italy (By Solutions)
• Spain (By Solutions)
• Rest of Europe
• Asia Pacific (By Technology, By Solutions, By Industry, and By Country)
• China (By Solutions)
• Japan (By Solutions)
• India (By Solutions)
• Southeast Asia (By Solutions)
• Rest of Asia Pacific
• Middle East & Africa (By Technology, By Solutions, By Industry, and By Country)
• GCC (By Solutions)
• South Africa (By Solutions)
• Rest of Middle East & Africa

Companies Profiled in the Report

ABB Ltd. (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Emerson Electric Co. (U.S.), General Electric (U.S.), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Robert Bosch GmbH (Germany), Rockwell Automation, Inc. (U.S.), and Fanuc Corporation (Japan)