Top 10 Smart Factory Companies

The global Smart factory market is expected to grow from USD 100.6 billion in 2024 to USD 164.0 billion by 2029, registering a CAGR of 10.3%.  The smart factory market is experiencing rapid global growth, driven by advancements in Industry 4.0 technologies. Increased automation, connectivity, and data exchange in manufacturing processes enhance efficiency and productivity. Key factors include the adoption of IoT, AI, and robotics, contributing to a dynamic and expanding smart factory landscape worldwide.

ABB (Switzerland), Emerson Electric Co. (US), Siemens (Germany), Schneider Electric (France), Mitsubishi Electric Corporation (Japan), General Electric (US), Rockwell Automation, Inc. (US), Honeywell International Inc. (US), Yokogawa Electric Corporation (Japan), OMRON Corporation (Japan), Endress+Hauser (Switzerland), FANUC Corporation (Japan), WIKA (Germany), Dwyer Instruments, LLC. (US), Stratasys (US), 3D Systems Corporation (US) are the top players in the Smart factory market. These companies have a global footprint, providing a comprehensive suite of solutions and services in smart factory and related sectors. They depend on their robust research and development capabilities, as well as diverse product and service portfolios, to enhance their market share.

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Major Smart Factory companies include:

• ABB (Switzerland)
• Emerson Electric Co. (US)
• Siemens (Germany)
• Schneider Electric (France)
• Mitsubishi Electric Corporation (Japan)
• General Electric (US)
• Rockwell Automation, Inc. (US)
• Honeywell International Inc. (US)
• Yokogawa Electric Corporation (Japan)
• OMRON Corporation (Japan)
• Endress+Hauser (Switzerland)
• FANUC Corporation (Japan)
• WIKA (Germany)
• Dwyer Instruments, LLC. (US)
• Stratasys (US)
• 3D Systems Corporation (US)

Rockwell Automation (US)

Rockwell Automation, previously known as the Allen-Bradley Company, is an industrial service provider with a strong portfolio, including consulting, integration, maintenance, and mechanical support for the process and discrete industries. The company operates through three business divisions: Intelligent Devices, Software & Control, and Lifecycle Services. The intelligent devices segment includes drives, motion, safety, sensing, industrial components, and configured-to-order products. The software & control segment includes control and visualization software and hardware, information software, and network and security infrastructure. The lifecycle services segment includes consulting, professional services and solutions, connected services, and maintenance services. Rockwell offers a wide range of products, including temperature, pressure, level, position, photoelectric, and ultrasonic sensors. The company marks a presence in more than 100 countries, with a strong geographic presence in North America and Europe, serving customers from the industrial and commercial sectors worldwide. It has three leading strategic brands: Allen-Bradley, Rockwell Software, and Rockwell Automation.

Honeywell International Inc. (US)

Honeywell International Inc. is a diversified technology and manufacturing company offering building automation systems, commercial combustion control systems, scanners, computer devices, wearable devices, radio frequency Identification (RFID) solutions, connected vehicle solutions, advanced automotive technologies, protective equipment, sensors, and switches. These products and solutions have applications in construction, retail, manufacturing, automotive, energy and utilities, aerospace & defense, healthcare, and chemicals industries.

The company operates through the following business segments: Aerospace; Honeywell Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Honeywell Building Technologies segment provides products, software, solutions, and technologies to commercial building owners and occupants to ensure safe, energy-efficient, sustainable, and productive facilities. Providing an extensive array of industrial services, the company specializes in installation, commissioning, engineering, consulting, operational enhancement, and maintenance and monitoring. Its safety switches cater to diverse industries, spanning aerospace, oil refineries, chemicals, petrochemicals, healthcare, and mining. Furthermore, the company boasts a robust presence in key regions, including North America and Europe..

Amphenol Corporation (US)

Amphenol Corporation stands as one of the largest producers of interconnect products, specializing in the design, manufacture, and marketing of electrical, electronic, and fiber-optic connectors, along with coaxial and flat-ribbon cables, and interconnect systems. Renowned for advanced sensing technologies and innovative embedded measurement solutions, Amphenol Advanced Sensors encompasses leading industry brands such as Thermometrics, NovaSensor, Telaire, Protimeter, and Kaye. Operating in over 30 countries with manufacturing facilities across the Americas, Europe, Asia, Australia, and Africa, the company boasts a global sales presence spanning more than 100 locations and comprises over 44 subsidiaries, including Casco Products Corporation, Amphenol Technical Products International Co., Piezo Technologies, All Sensors Corporation, and Wilcoxon Sensing Technologies.

Related Reports:

Smart Factory Market by Component (Industrial Sensors, Industrial Robots, Industrial 3D Printers, Machine Vision Systems), Solution (SCADA, Manufacturing Execution System, Industrial Safety, PAM), Industry and Region - Global Forecast to 2029

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