スマートファクトリー市場 – 2030年までの世界予測

Smart Factory Market - Global Forecast To 2030

スマートファクトリー市場 - コンポーネント(産業用センサー、産業用ロボット、産業用3Dプリンティング、マシンビジョンシステム)、ソリューション [SCADA、製造実行システム(MES)、プラント資産管理(PAM)、産業安全] - 2030年までの世界予測
Smart Factory Market by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printing, Machine Vision Systems), Solution (SCADA, Manufacturing Execution Systems (MES), Plant Asset Management (PAM), Industrial Safety) - Global Forecast to 2030

商品番号 : SMB-22321

出版社MarketsandMarkets
出版年月2025年7月
ページ数381
図表数433
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートでは、スマートファクトリー市場をセグメント化し、コンポーネント別(産業用センサー、産業用ロボット、産業用3Dプリンター、マシンビジョンシステム)、ソリューション別(SCADA、MES、産業安全、PAM)、および業界別(プロセス産業(石油・ガス、化学、パルプ・紙、医薬品、金属・鉱業、食品・飲料、エネルギー・電力、その他プロセス産業)、ディスクリート産業(自動車、航空宇宙・防衛、半導体・エレクトロニクス、機械製造、医療機器、その他ディスクリート産業))で市場規模を予測しています。また、市場の牽引要因、制約要因、機会、課題についても考察しています。さらに、主要4地域(北米、欧州、アジア太平洋、その他の地域)における詳細な市場分析を提供しています。さらに、スマートファクトリー・エコシステムで事業を展開する主要企業のサプライチェーンと競合状況についても分析しています。

世界のスマートファクトリー市場は、2025年の1,044.2億米ドルから2030年には1,697.3億米ドルに拡大し、年平均成長率(CAGR)10.2%で成長すると予測されています。市場の成長は、インダストリー4.0技術の導入拡大、生産性向上のための自動化需要の高まり、そしてエネルギー効率と資源最適化への重点化によって牽引されています。産業界は、運用効率の向上とダウンタイムの削減を目指し、産業用センサー、ロボット、3Dプリンティング、マシンビジョンシステムなどのスマート製造ソリューションに投資しています。MES、SCADA、PAMシステムの進化も、工場のデジタルトランスフォーメーションを支えています。政府の施策や人件費の上昇も、企業の製造オペレーションの近代化を後押ししています。これらの要因が相まって、自動車、エレクトロニクス、食品・飲料、医薬品などの分野におけるスマートファクトリーソリューションの需要が高まっています。

スマートファクトリー市場 - 2030年までの世界予測 - chosareport.com
smart-factory-market

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.

スマートファクトリー市場 - 2030年までの世界予測 - region
smart-factory-market-region

“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).

スマートファクトリー市場 - 2030年までの世界予測 - ecosystem
smart-factory-market-ecosystem

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).

Table of Contents

1               INTRODUCTION              34

1.1           STUDY OBJECTIVES       34

1.2           MARKET DEFINITION   34

1.3           STUDY SCOPE   34

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      35

1.3.2        INCLUSIONS AND EXCLUSIONS 36

1.3.3        YEARS CONSIDERED      36

1.4           CURRENCY CONSIDERED            37

1.5           LIMITATIONS    37

1.6           STAKEHOLDERS               37

1.7           SUMMARY OF CHANGES               37

2               RESEARCH METHODOLOGY       39

2.1           RESEARCH DATA              39

2.1.1        SECONDARY AND PRIMARY RESEARCH 40

2.1.2        SECONDARY DATA          41

2.1.2.1    List of key secondary sources              42

2.1.2.2    Key data from secondary sources       42

2.1.3        PRIMARY DATA 43

2.1.3.1    List of primary interview participants               43

2.1.3.2    Key data from primary sources           44

2.1.3.3    Key industry insights           44

2.1.3.4    Breakdown of interviews with experts               45

2.2           MARKET SIZE ESTIMATION METHODOLOGY     45

2.2.1        BOTTOM-UP APPROACH              45

2.2.1.1    Approach to estimate market size using bottom-up analysis                 45

2.2.2        TOP DOWN APPROACH                 46

2.2.2.1    Approach to estimate market size using top-down analysis                 46

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 49

2.4           RESEARCH ASSUMPTIONS           50

2.5           RESEARCH LIMITATIONS             50

3               EXECUTIVE SUMMARY  52

4               PREMIUM INSIGHTS       57

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART FACTORY MARKET          57

4.2           SMART FACTORY MARKET, BY COMPONENT     57

4.3           SMART FACTORY MARKET, BY SOLUTION           58

4.4           SMART FACTORY MARKET, BY PROCESS INDUSTRIES                 58

4.5           SMART FACTORY MARKET, BY DISCRETE INDUSTRIES                 59

4.6           SMART FACTORY MARKET IN NORTH AMERICA, BY SOLUTION AND COUNTRY          59

4.7           SMART FACTORY MARKET, BY COUNTRY             60

5               MARKET OVERVIEW       61

5.1           INTRODUCTION              61

5.2           MARKET DYNAMICS       61

5.2.1        DRIVERS               62

5.2.1.1    Growing emphasis on improving energy efficiency, optimizing resource utilization, and minimizing production costs   62

5.2.1.2    Growing adoption of industrial robots              62

5.2.1.3    Rising interest in technologies like IoT and AI across industrial settings   63

5.2.2        RESTRAINTS      64

5.2.2.1    High capital investment requirements              64

5.2.2.2    Cybersecurity threats linked to cyber-physical systems 64

5.2.3        OPPORTUNITIES              65

5.2.3.1    Adoption of 5G in next-generation smart factories         65

5.2.3.2    Advancements in wireless sensor technologies and their integration into intelligent manufacturing       66

5.2.4        CHALLENGES    66

5.2.4.1    Bridging the gap between IT and OT systems                 66

5.2.4.2    Exposure to cyber threats    67

5.3           VALUE CHAIN ANALYSIS               67

5.4           ECOSYSTEM ANALYSIS  69

5.5           INVESTMENT AND FUNDING SCENARIO               71

5.6           PRICING ANALYSIS          71

5.6.1        PRICING ANALYSIS OF MES         71

5.6.1.1    Indicative pricing of MES software subscription, by key players, 2024        72

5.6.1.2    Average selling price trend of MES software subscriptions, 2021–2024        72

5.6.1.3    Average selling price trend of MES software subscriptions, by region, 2021–2024                 73

5.6.2        AVERAGE SELLING PRICE OF INDUSTRIAL ROBOTS, 2024 (USD)          74

5.6.3        AVERAGE SELLING PRICE FOR SCADA, BY RTUS, 2024 (USD)    75

5.6.4        AVERAGE SELLING PRICE FOR MACHINE VISION COMPONENTS, 2024 (USD)          76

5.6.5        INDICATIVE PRICING OF KEY PLAYERS, BY COMPONENT, 2024          76

5.6.6        AVERAGE SELLING PRICE FOR INDUSTRIAL SENSORS, 2024 (USD)          77

5.7           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            77

5.8           PORTER’S FIVE FORCES ANALYSIS           78

5.8.1        THREAT OF NEW ENTRANTS      79

5.8.2        THREAT OF SUBSTITUTES          79

5.8.3        BARGAINING POWER OF SUPPLIERS       79

5.8.4        BARGAINING POWER OF BUYERS             80

5.8.5        INTENSITY OF COMPETITIVE RIVALRY 80

5.9           CASE STUDY ANALYSIS 80

5.9.1        ELOPAK INSTALLS FULLY ASEPTIC FILLING MACHINE FOR GABLE TOP PACKAGING WITH ROBUST PNEUMATICS FROM EMERSON AVENTICS        80

5.9.2        MP EQUIPMENT JOINS HANDS WITH ROCKWELL AUTOMATION SAFETY CONSULTANTS TO RE-EVALUATE DESIGN OF PROTEIN PORTIONING MACHINE   81

5.9.3        MOLLART ENGINEERING SELECTS PROCTER SMART FACTORY’S ENCLOSED GUARDS TO INSTALL IN ITS MACHINE TOOLS  81

5.9.4        LEADING AUTOMOTIVE SUPPLIER IMPROVES INSPECTION EFFICIENCY WITH FUJIFILM’S 4D HIGH RESOLUTION MACHINE VISION LENSES                81

5.9.5        ADVANCED DIMENSIONAL AND QUALITY CONTROL WITH 3D MACHINE VISION AT SIDENOR STEEL MILL     82

5.10         TECHNOLOGY ANALYSIS             82

5.10.1      KEY TECHNOLOGIES     82

5.10.1.1  Artificial intelligence            82

5.10.1.2  Augmented reality                83

5.10.1.3  IoT          83

5.10.2      COMPLEMENTARY TECHNOLOGIES       83

5.10.2.1  5G           83

5.10.2.2  Digital twin            84

5.10.2.3  Predictive maintenance       84

5.10.3      ADJACENT TECHNOLOGIES       84

5.10.3.1  Blockchain             84

5.10.3.2  Smart energy management 85

5.10.3.3  Edge computing   85

5.10.3.4  Predictive supply chain       85

5.10.3.5  Cybersecurity        85

5.11         KEY STAKEHOLDERS AND BUYING CRITERIA     86

5.11.1      KEY STAKEHOLDERS IN BUYING PROCESS           86

5.11.2      BUYING CRITERIA           87

5.12         TRADE ANALYSIS             88

5.12.1      IMPORT SCENARIO (HS CODE 847950)    88

5.12.2      EXPORT SCENARIO (HS CODE 847950)    89

5.13         PATENT ANALYSIS          90

5.14         KEY CONFERENCES AND EVENTS, 2025–2026        93

5.15         REGULATORY LANDSCAPE         94

5.15.1      REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  94

5.15.2      STANDARDS      97

5.16         IMPACT OF AI/GEN AI ON SMART FACTORY MARKET                 99

5.16.1      INTRODUCTION              99

5.16.2      IMPACT OF AI/GEN AI ON KEY END-USE INDUSTRIES                 99

5.16.2.1  Electronics & semiconductors            99

5.16.2.2  Automotive            99

5.16.3      USE CASES           99

5.16.4      FUTURE OF AI/GEN AI IN SMART FACTORY ECOSYSTEM                 100

5.17         IMPACT OF 2025 US TARIFF – OVERVIEW              100

5.17.1      INTRODUCTION              100

5.17.2      KEY TARIFF RATES          101

5.17.3      PRICE IMPACT ANALYSIS             102

5.17.4      IMPACT ON COUNTRIES/REGIONS         102

5.17.4.1  US           102

5.17.4.2  Europe   104

5.17.4.3  Asia Pacific            104

5.17.5      IMPACT ON END-USE INDUSTRIES          105

6               SMART FACTORY MARKET, BY COMPONENT     107

6.1           INTRODUCTION              108

6.2           INDUSTRIAL SENSORS  110

6.2.1        LEVEL SENSORS                117

6.2.1.1    Requirement to measure liquid, bulk solid, and other fluid levels to drive market      117

6.2.2        TEMPERATURE SENSORS             117

6.2.2.1    Adoption of lean manufacturing and process control technologies to drive market      117

6.2.3        FLOW SENSORS 117

6.2.3.1    Wide use in monitoring flow of various chemicals to foster market growth    117

6.2.4        POSITION SENSORS        117

6.2.4.1    Increasing demand from several applications to drive market                 117

6.2.5        PRESSURE SENSORS        118

6.2.5.1    Replacement of pressure transducers with cost-efficient pressure transmitters to drive market                118

6.2.6        FORCE SENSORS               118

6.2.6.1    Demand for force control to improve safety and comfort in robot-human interactions to drive market  118

6.2.7        HUMIDITY & MOISTURE SENSORS           118

6.2.7.1    Extensive use in chemicals, pharmaceuticals, oil & gas, and food & beverage industries to drive demand             118

6.2.8        IMAGE SENSORS               119

6.2.8.1    Wide usage in imaging devices to foster market growth                 119

6.2.9        GAS SENSORS    119

6.2.9.1    Rising demand from various end-use industries to drive market                 119

6.3           INDUSTRIAL ROBOTS    119

6.3.1        TRADITIONAL INDUSTRIAL ROBOTS     125

6.3.1.1    Adoption of automated manufacturing techniques to drive market growth       125

6.3.1.2    Articulated robots 126

6.3.1.2.1 Demand for assembly, welding, and machine load and unloads to drive market          126

6.3.1.3    Cartesian robots   127

6.3.1.3.1 Provision of accurate and quick solutions for material handling applications to drive market                127

6.3.1.4    Selective compliance assembly robot arm         127

6.3.1.4.1 Ability to offer precise and flexible horizontal motions while being fixed vertically to drive adoption             127

6.3.1.5    Cylindrical robots 128

6.3.1.5.1 Deployment in various robotic applications to drive market                 128

6.3.1.6    Other robots          128

6.3.2        COLLABORATIVE ROBOTS          128

6.3.2.1    High production efficiency through human-robot collaboration to drive market      128

6.4           INDUSTRIAL 3D PRINTING          128

6.4.1        ELIMINATION OF ASSEMBLY LINE AND REDUCTION OF LABOR COSTS TO DRIVE MARKET           128

6.4.2        INDUSTRIAL 3D PRINTING: SMART FACTORY MARKET, BY OFFERING    135

6.4.2.1    Printers  136

6.4.2.1.1 Primary hardware component used in industrial additive manufacturing       136

6.4.2.2    Material 136

6.4.2.2.1 Investments in R&D for developing new materials for 3D printing to support market growth    136

6.4.2.3    Software 136

6.4.2.3.1 Software programs essential for developing and processing 3D digital models        136

6.4.2.4    Services  137

6.4.2.4.1 Advancements in 3D printing technology increasing demand for services  137

6.5           MACHINE VISION             137

6.5.1        INCREASING DEMAND FOR QUALITY FROM MANUFACTURERS AND CUSTOMERS TO DRIVE MARKET                 137

6.5.2        MACHINE VISION: SMART FACTORY MARKET, BY COMPONENT    143

6.5.2.1    Cameras 145

6.5.2.1.1 Demand for high-quality images, image processing, and compactness to drive market               145

6.5.2.2    Frame grabbers     146

6.5.2.2.1 Increasing adoption in high-speed and large-scale machine vision systems to drive market       146

6.5.2.3    LED lighting         146

6.5.2.3.1 Increasing adoption of structured lighting solutions to fuel demand  146

6.5.2.4    Optics    146

6.5.2.4.1 Growing integration with camera bodies for object image capture to fuel demand      146

6.5.2.5    Processors              147

6.5.2.5.1 Adoption of advanced vision systems fueling demand for high-performance processors       147

6.5.2.6    Other hardware components              147

6.5.2.6.1 Optimized hardware components to boost system reliability and performance          147

6.5.2.7    Software 147

6.5.2.7.1 AI-based machine vision software     148

7               SMART FACTORY MARKET, BY SOLUTION           149

7.1           INTRODUCTION              150

7.2           MANUFACTURING EXECUTION SYSTEM (MES) 152

7.2.1        INCREASING PRODUCTIVITY, REDUCING SHIPPING TIME, AND PROCESSING DATA TO DRIVE MARKET         152

7.2.2        MANUFACTURING EXECUTION SYSTEM: SMART FACTORY MARKET,

BY DEPLOYMENT MODE              159

7.2.2.1    On-premises          160

7.2.2.1.1 Emphasis on enhancing security control through in-house configurations to fuel segmental growth           160

7.2.2.2    Cloud      161

7.2.2.2.1 Cost-efficiency and reliability in terms of data recovery to drive market    161

7.2.2.3    Hybrid    162

7.2.2.3.1 Enhanced operational efficiency through integrated infrastructure to foster segmental growth         162

7.2.3        MANUFACTURING EXECUTION SYSTEM: SMART FACTORY MARKET, BY OFFERING            162

7.2.3.1    Software 163

7.2.3.1.1 Ability to limit manual work and reduce errors to accelerate segmental growth 163

7.2.3.2    Services  164

7.2.3.2.1 Need for routine business maintenance and upgradation to contribute to segmental growth          164

7.2.4        IMPLEMENTATION         164

7.2.5        UPGRADATION 164

7.2.6        TRAINING           165

7.2.7        MAINTENANCE 165

7.3           SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)               165

7.3.1        CONTROL AND ACQUISITION OF DATA FROM REMOTE DEVICES TO DRIVE MARKET      165

7.3.2        SCADA: SMART FACTORY MARKET, BY OFFERING                 171

7.3.2.1    Hardware                173

7.3.2.2    Programmable logic controller           174

7.3.2.2.1 Adoption of PLCs for safe and efficient plant operations to accelerate segment expansion             174

7.3.2.3    Remote terminal unit           177

7.3.2.3.1 Rising demand for real-time data acquisition and remote monitoring to drive segment growth 177

7.3.2.4    Human-machine interface  178

7.3.2.4.1 Growing need for clear graphical representation of critical data to support timely decision-making         178

7.3.2.4.2 Communication systems     180

7.3.2.4.3 Wired communication systems           180

7.3.2.4.4 Wireless communication systems      181

7.3.2.5    Other components                182

7.3.2.6    software 182

7.3.2.6.1 Software deployment modes               184

7.3.2.6.2 On-premises deployment    184

7.3.2.6.3 Cloud deployment                 185

7.3.2.7    Services  186

7.3.2.7.1 Professional services            188

7.3.2.7.2 Managed services 188

7.4           PLANT ASSET MANAGEMENT (PAM)      189

7.4.1        REDUCED UNPLANNED DOWNTIME AND OPTIMIZED ASSET UTILIZATION TO FOSTER MARKET GROWTH       189

7.5           INDUSTRIAL SAFETY      196

7.5.1        RISK MITIGATION IN SENSORS, LOGIC CONTROLS, AND ACTING ELEMENTS TO DRIVE MARKET                 196

7.5.2        INDUSTRIAL SAFETY: SMART FACTORY MARKET, BY TYPE     202

7.5.2.1    Machine safety      202

7.5.2.1.1 Machine safety systems enable safety of plant assets and personnel                202

7.5.2.2    Worker safety        203

7.5.2.2.1 Smart worker safety solutions to drive industrial worker safety market    203

8               SMART FACTORY MARKET, BY INDUSTRY            204

8.1           INTRODUCTION              205

8.2           PROCESS INDUSTRIES   206

8.2.1        NEED TO DELIVER SUPERIOR PRODUCTS AT COMPETITIVE COSTS TO DRIVE MARKET            206

8.2.2        OIL & GAS            208

8.2.2.1    Reliability in large-scale production, product quality, and accelerated decision-making to drive market   208

8.2.3        CHEMICALS        209

8.2.3.1    Enhancement of production efficiencies and operational excellence in processes to drive market             209

8.2.4        PULP & PAPER  209

8.2.4.1    Workflow management and process optimization to boost market                 209

8.2.5        PHARMACEUTICALS       210

8.2.5.1    Need to standardize workflows and enable regulatory compliance to fuel market        210

8.2.6        METALS & MINING          210

8.2.6.1    Cost containment, supply chain visibility, and risk management to drive market      210

8.2.7        FOOD & BEVERAGE        211

8.2.7.1    Cost-efficient and streamlined production processes to foster growth    211

8.2.8        ENERGY & POWER           212

8.2.8.1    Improved plant performance and flexibility in electricity production to drive market 212

8.2.9        OTHER PROCESS INDUSTRIES   212

8.3           DISCRETE INDUSTRIES 213

8.3.1        OPTIMIZATION OF SUPPLY CHAIN MANAGEMENT TO DRIVE MARKET 213

8.3.2        AUTOMOTIVE   214

8.3.2.1    Development and production of high-quality automobiles to drive market          214

8.3.3        AEROSPACE       215

8.3.3.1    Real-time visibility of production processes, equipment conditions, and process defects to drive market               215

8.3.4        SEMICONDUCTOR & ELECTRONICS        216

8.3.4.1    Need to achieve accuracy in designing complex products to drive market    216

8.3.5        MACHINE MANUFACTURING     216

8.3.5.1    Prevention of machine breakdown and unplanned downtime to drive market          216

8.3.6        MEDICAL DEVICES          217

8.3.6.1    Pressing need for manufacturing precision and high profitability to boost demand   217

8.3.7        OTHER DISCRETE INDUSTRIES 217

9               SMART FACTORY MARKET, BY REGION 218

9.1           INTRODUCTION              219

9.2           NORTH AMERICA             222

9.2.1        MACROECONOMIC OUTLOOK FOR NORTH AMERICA                 222

9.2.2        US           226

9.2.2.1    Operational efficiency, improved product quality, and optimal use of resources to drive market         226

9.2.3        CANADA               227

9.2.3.1    Increasing government support for adopting advanced manufacturing technologies to drive market    227

9.2.4        MEXICO                228

9.2.4.1    Increasing investments and expansions by global market players to drive market      228

9.3           EUROPE               228

9.3.1        MACROECONOMIC OUTLOOK FOR EUROPE      229

9.3.2        UK          233

9.3.2.1    Increasing adoption of smart factory solutions in automotive industry to drive market      233

9.3.3        GERMANY           234

9.3.3.1    Industry 4.0 initiative to automate operations to drive market                 234

9.3.4        FRANCE                234

9.3.4.1    Growth of industrial sector to drive market     234

9.3.5        ITALY    235

9.3.5.1    Focus on boosting manufacturing output to drive market                 235

9.3.6        SPAIN    235

9.3.6.1    Focus on modernizing manufacturing infrastructure to support smart factory growth            235

9.3.7        POLAND               235

9.3.7.1    Industry 4.0 strategies and EU funding supporting smart factory development          235

9.3.8        NORDICS             236

9.3.8.1    Sustainability-led smart factory adoption across advanced industries               236

9.3.9        REST OF EUROPE             236

9.4           ASIA PACIFIC     236

9.4.1        MACROECONOMIC OUTLOOK FOR ASIA PACIFIC                 237

9.4.2        CHINA  241

9.4.2.1    Increasing adoption of automation solutions due to rising labor costs to drive market            241

9.4.3        JAPAN   241

9.4.3.1    Ongoing developments in smart manufacturing processes to drive market          241

9.4.4        INDIA    242

9.4.4.1    Rapid industrialization, recovering economy, growing government support, and increasing foreign investments to drive market                 242

9.4.5        SOUTH KOREA  242

9.4.5.1    Government-led initiatives and technology leadership driving adoption 242

9.4.6        AUSTRALIA         242

9.4.6.1    Focus on reshoring and digital manufacturing to build industrial resilience                242

9.4.7        INDONESIA        243

9.4.7.1    Rising industrialization and government push for Industry 4.0 to fuel demand           243

9.4.8        MALAYSIA           243

9.4.8.1    Government support and smart manufacturing initiatives driving growth    243

9.4.9        THAILAND          243

9.4.9.1    National strategies and foreign investments accelerating smart factory adoption    243

9.4.10      VIETNAM             243

9.4.10.1  Industrial modernization and export-oriented growth fostering smart factory uptake             243

9.4.11      REST OF ASIA PACIFIC   243

9.5           REST OF THE WORLD (ROW)      244

9.5.1        MACROECONOMIC OUTLOOK FOR ROW              244

9.5.2        MIDDLE EAST   247

9.5.2.1    Bahrain  248

9.5.2.1.1 Digital-first approach in dynamic industrial landscape to support market growth       248

9.5.2.2    Kuwait    248

9.5.2.2.1 Industrial diversification driving digital transformation 248

9.5.2.3    Oman     249

9.5.2.3.1 Strategic investment in industrial modernization and smart production to drive market 249

9.5.2.4    Qatar      249

9.5.2.4.1 Adoption of smart factory increasing to build resilient manufacturing capabilities 249

9.5.2.5    Saudi Arabia          249

9.5.2.5.1 Vision 2030 fueling industrial automation and digital transformation      249

9.5.2.6    UAE        249

9.5.2.6.1 Leading digital industrial transformation through strategic initiatives                249

9.5.2.7    Rest of Middle East              250

9.5.3        SOUTH AMERICA             250

9.5.3.1    Brazil      251

9.5.3.1.1 Focus on industrial modernization and digital adoption to fuel market    251

9.5.3.2    Argentina               251

9.5.3.2.1 Emerging focus on efficiency and technology upgrades supporting market growth  251

9.5.3.3    Other South American countries       251

9.5.4        AFRICA 252

9.5.4.1    South Africa           253

9.5.4.1.1 Government-backed digitization to enhance industrial competitiveness    253

9.5.4.2    Other African countries      253

10            COMPETITIVE LANDSCAPE         254

10.1         INTRODUCTION              254

10.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, JANUARY 2021–JUNE 2025  254

10.3         REVENUE ANALYSIS, 2020–2024  256

10.4         MARKET SHARE ANALYSIS OF KEY FIVE PLAYERS, 2024                 257

10.5         COMPANY VALUATION AND FINANCIAL METRICS                 262

10.6         PRODUCT COMPARISON              263

10.7         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 264

10.7.1      STARS   264

10.7.2      EMERGING LEADERS     264

10.7.3      PERVASIVE PLAYERS      264

10.7.4      PARTICIPANTS 264

10.7.5      MACHINE VISION MARKET: COMPANY FOOTPRINT, 2024        267

10.7.5.1  Company footprint               267

10.7.5.2  Machine vision market: Region footprint         268

10.7.5.3  Machine vision market: System type footprint                 269

10.7.5.4  Machine vision market: Component footprint 270

10.7.5.5  Machine vision market: Industry footprint       271

10.7.6      SCADA MARKET: COMPANY FOOTPRINT, 2024   272

10.7.6.1  SCADA market: Overall footprint     272

10.7.6.2  SCADA market: Region footprint      273

10.7.6.3  SCADA market: Offering footprint   274

10.7.6.4  SCADA market: End user footprint  275

10.8         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        276

10.8.1      PROGRESSIVE COMPANIES         276

10.8.2      RESPONSIVE COMPANIES            276

10.8.3      DYNAMIC COMPANIES  276

10.8.4      STARTING BLOCKS         276

10.8.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 279

10.8.5.1  Detailed list of key startups/SMEs    279

10.8.5.2  Competitive benchmarking of key startups/SMEs          279

10.9         COMPETITIVE SCENARIO             280

10.9.1      PRODUCT LAUNCHES   281

10.9.2      DEALS  282

10.9.3      EXPANSIONS     283

10.9.4      OTHER DEVELOPMENTS              284

11            COMPANY PROFILES      285

11.1         KEY PLAYERS     285

11.1.1      ABB        285

11.1.1.1  Business overview 285

11.1.1.2  Products/Solutions/Services offered 286

11.1.1.3  Recent developments           288

11.1.1.3.1                Product launches  288

11.1.1.3.2                Deals      288

11.1.1.3.3                Expansions             289

11.1.1.4  MnM view              289

11.1.1.4.1                Right to win           289

11.1.1.4.2                Strategic choices   290

11.1.1.4.3                Weaknesses and competitive threats 290

11.1.2      EMERSON ELECTRIC CO.              291

11.1.2.1  Business overview 291

11.1.2.2  Products/Solutions/Services offered 292

11.1.2.3  Recent developments           293

11.1.2.3.1                Product launches & developments     293

11.1.2.3.2                Deals      294

11.1.2.4  MnM view              295

11.1.2.4.1                Right to win           295

11.1.2.4.2                Strategic choices   295

11.1.2.4.3                Weaknesses and competitive threats 295

11.1.3      SIEMENS              296

11.1.3.1  Business overview 296

11.1.3.2  Products/Solutions/Services offered 297

11.1.3.3  Recent developments           299

11.1.3.3.1                Product launches  299

11.1.3.3.2                Deals      299

11.1.3.4  MnM view              300

11.1.3.4.1                Right to win           300

11.1.3.4.2                Strategic choices   300

11.1.3.4.3                Weaknesses and competitive threats 300

11.1.4      SCHNEIDER ELECTRIC  301

11.1.4.1  Business overview 301

11.1.4.2  Products/Solutions/Services offered 303

11.1.4.3  Recent developments           304

11.1.4.3.1                Expansions             304

11.1.4.3.2                Deals      305

11.1.4.4  MnM view              305

11.1.4.4.1                Right to win           305

11.1.4.4.2                Strategic choices   305

11.1.4.4.3                Weaknesses and competitive threats 305

11.1.5      ROCKWELL AUTOMATION, INC.               306

11.1.5.1  Business overview 306

11.1.5.2  Products/Solutions/Services offered 307

11.1.5.3  Recent developments           309

11.1.5.3.1                Product launches & developments     309

11.1.5.3.2                Deals      310

11.1.5.3.3                Expansions             311

11.1.5.4  MnM view              311

11.1.5.4.1                Right to win           311

11.1.5.4.2                Strategic choices   311

11.1.5.4.3                Weaknesses and competitive threats 311

11.1.6      HONEYWELL INTERNATIONAL INC.        312

11.1.6.1  Business overview 312

11.1.6.2  Products/Solutions/Services offered 313

11.1.6.3  Recent developments           314

11.1.6.3.1                Product launches & developments     314

11.1.6.3.2                Deals      315

11.1.6.4  MnM view              315

11.1.6.4.1                Right to win           315

11.1.6.4.2                Strategic choices   315

11.1.6.4.3                Weaknesses and competitive threats 315

11.1.7      MITSUBISHI ELECTRIC CORPORATION 316

11.1.7.1  Business overview 316

11.1.7.2  Products/Solutions/Services offered 317

11.1.7.3  Recent developments           319

11.1.7.3.1                Deals      319

11.1.7.3.2                Expansions             320

11.1.7.3.3                Other developments             320

11.1.8      GE VERNOVA     321

11.1.8.1  Business overview 321

11.1.8.2  Products/Solutions/Services offered 322

11.1.8.3  Recent developments           324

11.1.8.3.1                Product launches & developments     324

11.1.9      YOKOGAWA ELECTRIC CORPORATION 325

11.1.9.1  Business overview 325

11.1.9.2  Products/Solutions/Services offered 327

11.1.9.3  Recent developments           327

11.1.9.3.1                Product launches & developments     327

11.1.9.3.2                Deals      328

11.1.9.3.3                Other developments             328

11.1.10   OMRON CORPORATION                329

11.1.10.1                 Business overview 329

11.1.10.2                 Products/Solutions/Services offered 330

11.1.10.3                 Recent developments           331

11.1.10.3.1             Product launches  331

11.1.10.3.2             Deals      332

11.1.11   ENDRESS+HAUSER GROUP SERVICES AG              333

11.1.11.1                 Business overview 333

11.1.11.2                 Products/Solutions/Services offered 334

11.1.11.3                 Recent developments           335

11.1.11.3.1             Product launches & developments     335

11.1.11.3.2             Deals      335

11.1.11.3.3             Expansions             336

11.1.12   FANUC CORPORATION 337

11.1.12.1                 Business overview 337

11.1.12.2                 Products/Solutions/Services offered 339

11.1.12.3                 Recent developments           339

11.1.12.3.1             Product launches & developments     339

11.1.13   WIKA ALEXANDER WIEGAND SE & CO. KG            341

11.1.13.1                 Business overview 341

11.1.13.2                 Products/Solutions/Services offered 341

11.1.13.3                 Recent developments           342

11.1.13.3.1             Product launches  342

11.1.13.3.2             Expansions             342

11.1.14   DWYER INSTRUMENTS, LLC        343

11.1.14.1                 Business overview 343

11.1.14.2                 Products/Solutions/Services offered 343

11.1.14.3                 Recent developments           344

11.1.14.3.1             Product launches & developments     344

11.1.15   STRATASYS         345

11.1.15.1                 Business overview 345

11.1.15.2                 Products/Solutions/Services offered 346

11.1.15.3                 Recent developments           347

11.1.15.3.1             Product launches & developments     347

11.1.15.3.2             Deals      348

11.1.16   3D SYSTEMS, INC.             349

11.1.16.1                 Business overview 349

11.1.16.2                 Products/Solutions/Services offered 350

11.1.16.3                 Recent developments           351

11.1.16.3.1             Product launches & developments     351

11.1.16.3.2             Deals      351

11.1.17   COGNEX CORPORATION              353

11.1.17.1                 Business overview 353

11.1.17.2                 Products/Solutions/Services offered 354

11.1.17.3                 Recent developments           355

11.1.17.3.1             Product launches  355

11.1.18   BASLER AG          357

11.1.18.1                 Business overview 357

11.1.18.2                 Products/Solutions/Services offered 358

11.1.18.3                 Recent developments           359

11.1.18.3.1             Product launches  359

11.1.18.3.2             Deals      360

11.2         OTHER KEY PLAYERS     361

11.2.1      FUJI ELECTRIC CO., LTD.              361

11.2.2      HITACHI, LTD.  362

11.2.3      KROHNE MESSTECHNIK GMBH 363

11.2.4      AZBIL CORPORATION   364

11.2.5      VEGA GRIESHABER KG  365

11.2.6      DANFOSS             365

11.2.7      KUKA AG              366

11.3         OTHER SMALL AND MEDIUM-SIZED ENTERPRISES                 367

11.3.1      TRIDITIVE           367

11.3.2      ROBOZE               368

11.3.3      ZIVID    368

11.3.4      INXPECT S.P.A. 369

11.3.5      INUITIVE             369

11.3.6      FUELICS               370

11.3.7      ULTIMAKER       370

11.3.8      NANO DIMENSION          371

11.3.9      PICK-IT N.V.       371

11.3.10   ONROBOT A/S  372

12            APPENDIX           373

12.1         DISCUSSION GUIDE        373

12.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                377

12.3         CUSTOMIZATION OPTIONS        379

12.4         RELATED REPORTS         379

12.5         AUTHOR DETAILS           380

LIST OF TABLES

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

LIST OF FIGURES

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