1. Market Research
  2. > Advanced IT
  3. > Wireless Technology Market Trends
LAMEA Smart Factory Market By Component, By Solution, By Industry Vertical, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

LAMEA Smart Factory Market By Component, By Solution, By Industry Vertical, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

  • May 2021
  • 141 pages
  • ID: 6131557
  • Format: PDF
  • KBV Research

Summary

Table of Contents

The Latin America, Middle East and Africa Smart Factory Market would witness market growth of 11.7% CAGR during the forecast period (2021-2027).

Presently, smart manufacturing is accepted more extensively in industries that focus on high-volume and low-margin production. It is also adopted in extremely regulated industries like pharmaceutical and food & beverage industries, where monitoring and traceability are crucial. Whole value-chain processes can be automated to depend on robotic inspections, for example, in order to cut down the human errors. With automated processes, smart factories leverage machine learning and AI to precisely detect defects. Increasingly, innovations are aimed towards areas like predictive maintenance, remote monitoring, and control, real-time supply chain management, advanced process control, and quality management. These aspects are likely to push the growth of the regional smart factory market.

A wireless network embedded with distributed autonomous devices comprises sensors to observe physical or environmental condition is termed as a wireless sensor network (WSN). WSNs are deployed in various industries like pharmaceuticals, oil & gas, and water & wastewater treatment. Oil & gas plants are commonly located in remote areas having extreme environmental conditions. In the oil & gas plant, tanks, compressors, generators, and separators are observed, managed, and regulated by a SCADA system using sensors installed in a WSN.

The utilization of a WSN decreases the costs related to installing a sensor network and communication system. Wired technology is relative of high cost as compared to its wireless counterpart because of the higher hardware requirement like networking devices, cables, routers, and network adapters. Parameters like pressure, temperature, flow, and level of fluids and gases in plant operation are evaluated and detected with the help of a WSN. Integrating a WSN in SCADA and other smart factory elements and solutions allows real-time data monitoring and process control. Hence, the increasing research & development activities and its higher adoption in smart factories would boost the application areas of smart factories. Besides, the regular software updates for wireless sensor networks make them appropriate for the existing automated systems in the industries deploying smart factory components and solutions.

The Industrial Sensors market dominated the South Africa Smart Factory Market by Component 2020, thereby, achieving a market value of $628.5 million by 2027. The Industrial Robots market is experiencing a CAGR of 12.8% during (2021 - 2027). Additionally, The Industrial 3D Printers market is showcasing a CAGR of 12.9% during (2021 - 2027).

Based on Component, the market is segmented into Industrial Sensors, Industrial Robots, Industrial 3D Printers and Machine Vision Systems. Based on Solution, the market is segmented into Manufacturing Execution System (MES), Plant Asset Management (PAM), SCADA, Industrial Safety and Others. Based on Industry Vertical, the market is segmented into Automotive, Semiconductor & Electronics, Chemicals & Pharmaceuticals, Food & Beverages, Oil & Gas, Aerospace & Defense, Medical Devices and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Emerson Electric Co., General Electric (GE) Co., Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, Honeywell International, Inc., Mitsubishi Electric Corporation, Kuka AG, and Omron Corporation.

Scope of the Study

Market Segments covered in the Report:

By Component

• Industrial Sensors

• Industrial Robots

• Industrial 3D Printers

• Machine Vision Systems

By Solution

• Manufacturing Execution System (MES)

• Plant Asset Management (PAM)

• SCADA

• Industrial Safety

• Others

By Industry Vertical

• Automotive

• Semiconductor & Electronics

• Chemicals & Pharmaceuticals

• Food & Beverages

• Oil & Gas

• Aerospace & Defense

• Medical Devices

• Others

By Country

• Brazil

• Argentina

• UAE

• Saudi Arabia

• South Africa

• Nigeria

• Rest of LAMEA

Companies Profiled

• ABB Group

• Emerson Electric Co.

• General Electric (GE) Co.

• Siemens AG

• Rockwell Automation, Inc.

• Schneider Electric SE

• Honeywell International, Inc.

• Mitsubishi Electric Corporation

• Kuka AG

• Omron Corporation

Unique Offerings

• Exhaustive coverage

• Highest number of market tables and figures

• Subscription based model available

• Guaranteed best price

• Assured post sales research support with 10% customization free

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

LAMEA Haptic Technology Market By Component, By Feedback Type, By End User, By Country, Industry Analysis and Forecast, 2020 - 2026

  • $ 1500
  • February 2021
  • 105 pages

The Latin America, Middle East and Africa Haptic Technology Market would witness market growth of 15.3% CAGR during the forecast period (2020-2026). Haptic technology refers to the sense of touch that ...

  • World
  • Argentina
  • Wireless Technology
  • Industry analysis
  • Energy Consumption
  • Consumer Electronics Revenue

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on