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The smart factory is a new stage reached by the current factory on the basis of equipment intelligence, modernization of management, and computerization of information. Its content not only includes the integration of the above-mentioned intelligent equipment and automation system, but also covers the enterprise management information system (MIS). All contents, including personnel system, financial system, sales system, scheduling system, etc.
The smart factory has the following six salient features:
1. Device interconnection. It can realize equipment-to-device interconnection (M2M), through the integration with the equipment control system, and external sensors, etc., SCADA (data acquisition and monitoring system) real-time collection of equipment status, production completion information, quality information, and through the application of RFID (Radio frequency technology), bar code (one-dimensional and two-dimensional) and other technologies to achieve traceability of the production process.
2. Industrial software is widely used. Industrial software such as MES (Manufacturing Execution System), APS (Advanced Production Scheduling), energy management, and quality management are widely used to realize the visualization and transparency of the production site. When building a new factory, digital factory simulation software can be used to simulate equipment and production line layout, factory logistics, ergonomics, etc., to ensure a reasonable factory structure. In the process of advancing digital transformation, it is necessary to ensure the safety of the data of the factory and the safety of equipment and automation systems. When defective products are detected by professional testing equipment, not only can they be automatically diverted from qualified products, but also software such as SPC (Statistical Process Control) can be used to analyze the causes of quality problems.
3. Fully integrate the concept of lean production. Fully embodying the concepts of industrial engineering and lean production, it can realize order-driven, pull-type production, minimize work-in-process inventory and eliminate waste. To promote the construction of smart factories, we must fully integrate the characteristics of enterprise products and processes. In the R&D stage, it is also necessary to vigorously promote standardization, modularization and serialization to lay the foundation for the promotion of lean production.
4. Realize flexible automation. Combined with the product and production characteristics of the enterprise, we will continue to improve the automation of production, testing and factory logistics. Enterprises with few product varieties and large production batches can achieve a high degree of automation, and even establish black lamp factories; small batches and multi-variety enterprises should focus on fewer people and man-machine combination, do not blindly promote automation, and should pay special attention to the establishment of intelligent manufacturing units . The factory's automated production line and assembly line should give due consideration to redundancy to avoid line stoppage due to failure of key equipment; at the same time, full consideration should be given to how to quickly change molds to be able to adapt to mixed production of multiple varieties. Logistics automation is very important for the realization of smart factories. Enterprises can realize material transfer between processes through logistics equipment such as AGVs, rack-mounted manipulators, and suspended conveyor chains, and configure material supermarkets to distribute materials to the line side as much as possible. The automation of quality inspection is also very important, and the application of machine vision in smart factories will become more and more widespread. In addition, you need to carefully consider how to use assistive equipment to reduce the labor intensity of workers.
5. Focus on environmental friendliness and achieve green manufacturing. The energy consumption of equipment and production lines can be collected in time to achieve efficient energy utilization. In the areas of danger and pollution, priority is given to replacing humans with robots, which can realize the recycling and reuse of waste materials.
6. Real-time insights can be achieved. Achieve closed-loop feedback from completion of production scheduling instructions to completion information feedback. Through the establishment of a production command system, real-time insight into the production, quality, energy consumption and equipment status of the factory can avoid unplanned downtime. Through the establishment of the factory's Digital Twin (digital mapping), it is convenient to gain insight into the status of the production site and assist the management personnel at all levels to make correct decisions.
A factory with only automated production lines and industrial robots cannot be called a smart factory. Smart factories should not only realize automation, transparency, visualization, and leanness in the production process, but also realize closed-loop integration with the production process in product inspection, quality inspection and analysis, and production logistics. Information sharing, on-time delivery, and collaborative operations must also be realized among multiple workshops in a factory. The construction of smart factories fully integrates information technolog
Market Analysis and Insights: Global Smart Factory and Manufacturing Market
The global Smart Factory and Manufacturing market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Factory and Manufacturing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Factory and Manufacturing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Factory and Manufacturing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Factory and Manufacturing market.
Global Smart Factory and Manufacturing Scope and Market Size
Smart Factory and Manufacturing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Factory and Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Hardware
Software
Segment by Application
Food and Beverages
Pharmaceuticals
Automotive
FMCG
Oil and Gas
Metal and Machining
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB Ltd
Bosch Rexroth AG
Dassault Systèmes
Emerson Electric CO.
Fanuc Corporation
General Electric
Honeywell International Inc.
IBM Corporation
Kuka AG
OMRON Corporation
Mitsubishi Electric Corporation
Rockwell Automation Inc.
Schneider Electric
Siemens AG
Aquarius Software
Hexagon AB
InSource Solutions
Litmus Automation
Panasonic Corporation
Progea International SA
Deloitte
The smart factory has the following six salient features:
1. Device interconnection. It can realize equipment-to-device interconnection (M2M), through the integration with the equipment control system, and external sensors, etc., SCADA (data acquisition and monitoring system) real-time collection of equipment status, production completion information, quality information, and through the application of RFID (Radio frequency technology), bar code (one-dimensional and two-dimensional) and other technologies to achieve traceability of the production process.
2. Industrial software is widely used. Industrial software such as MES (Manufacturing Execution System), APS (Advanced Production Scheduling), energy management, and quality management are widely used to realize the visualization and transparency of the production site. When building a new factory, digital factory simulation software can be used to simulate equipment and production line layout, factory logistics, ergonomics, etc., to ensure a reasonable factory structure. In the process of advancing digital transformation, it is necessary to ensure the safety of the data of the factory and the safety of equipment and automation systems. When defective products are detected by professional testing equipment, not only can they be automatically diverted from qualified products, but also software such as SPC (Statistical Process Control) can be used to analyze the causes of quality problems.
3. Fully integrate the concept of lean production. Fully embodying the concepts of industrial engineering and lean production, it can realize order-driven, pull-type production, minimize work-in-process inventory and eliminate waste. To promote the construction of smart factories, we must fully integrate the characteristics of enterprise products and processes. In the R&D stage, it is also necessary to vigorously promote standardization, modularization and serialization to lay the foundation for the promotion of lean production.
4. Realize flexible automation. Combined with the product and production characteristics of the enterprise, we will continue to improve the automation of production, testing and factory logistics. Enterprises with few product varieties and large production batches can achieve a high degree of automation, and even establish black lamp factories; small batches and multi-variety enterprises should focus on fewer people and man-machine combination, do not blindly promote automation, and should pay special attention to the establishment of intelligent manufacturing units . The factory's automated production line and assembly line should give due consideration to redundancy to avoid line stoppage due to failure of key equipment; at the same time, full consideration should be given to how to quickly change molds to be able to adapt to mixed production of multiple varieties. Logistics automation is very important for the realization of smart factories. Enterprises can realize material transfer between processes through logistics equipment such as AGVs, rack-mounted manipulators, and suspended conveyor chains, and configure material supermarkets to distribute materials to the line side as much as possible. The automation of quality inspection is also very important, and the application of machine vision in smart factories will become more and more widespread. In addition, you need to carefully consider how to use assistive equipment to reduce the labor intensity of workers.
5. Focus on environmental friendliness and achieve green manufacturing. The energy consumption of equipment and production lines can be collected in time to achieve efficient energy utilization. In the areas of danger and pollution, priority is given to replacing humans with robots, which can realize the recycling and reuse of waste materials.
6. Real-time insights can be achieved. Achieve closed-loop feedback from completion of production scheduling instructions to completion information feedback. Through the establishment of a production command system, real-time insight into the production, quality, energy consumption and equipment status of the factory can avoid unplanned downtime. Through the establishment of the factory's Digital Twin (digital mapping), it is convenient to gain insight into the status of the production site and assist the management personnel at all levels to make correct decisions.
A factory with only automated production lines and industrial robots cannot be called a smart factory. Smart factories should not only realize automation, transparency, visualization, and leanness in the production process, but also realize closed-loop integration with the production process in product inspection, quality inspection and analysis, and production logistics. Information sharing, on-time delivery, and collaborative operations must also be realized among multiple workshops in a factory. The construction of smart factories fully integrates information technolog
Market Analysis and Insights: Global Smart Factory and Manufacturing Market
The global Smart Factory and Manufacturing market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Factory and Manufacturing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Factory and Manufacturing market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Factory and Manufacturing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Factory and Manufacturing market.
Global Smart Factory and Manufacturing Scope and Market Size
Smart Factory and Manufacturing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Factory and Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Hardware
Software
Segment by Application
Food and Beverages
Pharmaceuticals
Automotive
FMCG
Oil and Gas
Metal and Machining
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB Ltd
Bosch Rexroth AG
Dassault Systèmes
Emerson Electric CO.
Fanuc Corporation
General Electric
Honeywell International Inc.
IBM Corporation
Kuka AG
OMRON Corporation
Mitsubishi Electric Corporation
Rockwell Automation Inc.
Schneider Electric
Siemens AG
Aquarius Software
Hexagon AB
InSource Solutions
Litmus Automation
Panasonic Corporation
Progea International SA
Deloitte
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
