Smart Factory Market worth $134.9 billion by 2026
iCrowd Newswire
According to the new market research report on the
Smart Factory Market With COVID-19 Impact by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, PAM, MES, Industrial Safety), Industry, and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Smart Factory Market size is expected to grow from USD 80.1 billion in 2021 to USD 134.9 billion by 2026; it is expected to grow at a CAGR of 11.0% from 2021 to 2026. The key factors driving the growth of the market are fiscal policies to keep manufacturing facilities afloat amidst COVID-19 crisis, resource optimization, and cost reduction in production operations, increasing demand for industrial robots, rising demand for technologies such as IoT and artificial intelligence in industrial environments, and growing emphasis on energy efficiency.
Share:
“Smart Factory Market”
[188 Pages] Smart Factory Market Research Report, identifies new revenue opportunity in smart factory industry. The report aims at estimating the market size and future growth of the smart factory based on offering, process, application, vertical, and region.
According to the new market research report on the
“Smart Factory Market With COVID-19 Impact by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, PAM, MES, Industrial Safety), Industry, and Region – Global Forecast to 2026″, The smart factory market size is expected to grow from USD 80.1 billion in 2021 to USD 134.9 billion by 2026; it is expected to grow at a CAGR of 11.0% from 2021 to 2026. The key factors driving the growth of the market are fiscal policies to keep manufacturing facilities afloat amidst COVID-19 crisis, resource optimization, and cost reduction in production operations, increasing demand for industr
Share this article
CHICAGO, May 10, 2021 /PRNewswire/ According to the new market research report on the
Smart Factory Market With COVID-19 Impact by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, PAM, MES, Industrial Safety), Industry, and Region - Global Forecast to 2026 , published by MarketsandMarkets™, the Smart Factory Market size is expected to grow from USD 80.1 billion in 2021 to USD 134.9 billion by 2026; it is expected to grow at a CAGR of 11.0% from 2021 to 2026. The key factors driving the growth of the market are fiscal policies to keep manufacturing facilities afloat amidst COVID-19 crisis, resource optimization, and cost reduction in production operations, increasing demand for industrial robots, rising demand for technologies such as IoT and artificial intelligence in industrial environments, and growing emphasis on energy efficiency.