Smart Factory Market Segment Analysis:

Discrete industry to witness the highest growth during forecast period. Automotive and transportation are the largest end-use application segment in the global Smart Factory Market and are expected to continue dominance. Various sensors and actuators are used in many industries offering advance automation solutions that are projected to drive the demand over the forecast period.

Smart Factory Market - Global Industry Analysis and Forecast 2022–2029

Smart Factory Market was valued at US$ 80.06 Bn in 2021 and is expected to reach US$ 182.51 Bn by 2029, at a CAGR of 10.85%.