According to a market report by Lucintel, the future of the smart factory market in Australia looks promising with opportunities in the automotive, semiconductors, oil and gas, chemical, pharmaceutical, aerospace and defense, food and beverage, and mining markets. The smart factory market in Australia is expected to reach an estimated $216 billion by 2031 with a CAGR of 9.5% from 2025 to 2031. The major drivers for this market are rising demand for industrial robots and the growing adoption of IoT and artificial intelligence in the industrial market.
A more
than 150-page report to understand trends, opportunity and forecast in smart
factory market in Australia to 2031 by type (machine vision systems, industrial
robotics, control devices, sensors, communication technologies, and others),
technology (product lifecycle management, human machine interface, enterprise
resource planning, manufacturing execution systems, distributed control
systems, supervisory controller and data acquisition, and programmable logic
controller), and end use industry (automotive, semiconductors, oil and gas,
chemical, pharmaceutical, aerospace and defense, food and beverage, mining, and
others).
Lucintel
forecasts that, within the technology category, programmable logic controllers
are expected to witness the highest growth over the forecast period due to
their increasing demand from the semiconductor, automotive, and food and
beverage industries.
Download
sample by clicking on smart
factory market in Australia.
Within the
end use industry category, automotive will remain the largest segment due to
the growing demand for complex and demanding manufacturing processes in this
industry.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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