Market Analysis and Insights:
The market for Global Smart Factory was estimated to be worth USD 130.1 billion in 2022, and from 2023 to 2032, it is anticipated to grow at a CAGR of 9.83%, with an expected value of USD 322.24 billion in 2032.
The Smart Factory Market is experiencing significant growth due to various factors reshaping the manufacturing sector. One key driver is the rising implementation of industrial automation and digitalization, which is driving the demand for smart factory solutions. Automation enhances efficiency, decreases downtime, and boosts productivity through technologies like robotics, artificial intelligence, and machine learning. Additionally, there is a growing need for cost reduction and operational enhancement, prompting the integration of smart factory systems. These systems support real-time monitoring and control of manufacturing processes, leading to improved resource utilization and cost efficiency.
Technological advancements, including the Internet of Things (IoT) and cloud computing, are further fueling the expansion of the smart factory market. These innovations facilitate seamless data integration, connectivity, and real-time access to information from any location. Moreover, the increasing emphasis on sustainable and eco-friendly manufacturing practices is also influencing the adoption of smart factory solutions. In summary, the smart factory market's growth is driven by a combination of automation, cost efficiency, technological progress, and sustainability initiatives.
Smart Factory Market Scope:
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2032 |
| Study Period | 2018-2032 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2032 | USD 322.24 billion |
| Growth Rate | CAGR of 9.83% during 2023-2032 |
| Segment Covered | By Components, By Solution, By Process Industry, By Discrete Industry, By Region. |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Siemens AG, ABB Ltd, Honeywell International Inc., Schneider Electric SE, Robert Bosch GmbH, Rockwell Automation, Inc., General Electric Company, Mitsubishi Electric Corporation, Emerson Electric Co., and Fanuc Corporation. |
Market Definition
A sophisticated industrial plant, known as a smart factory, leverages automation, artificial intelligence, and IoT solutions to elevate productivity, effectiveness, and flexibility in production operations. By incorporating advanced systems and instantaneous data analysis, the smart factory aims to streamline processes, lower expenses, and facilitate swift decision-making within manufacturing environments.
The Smart Factory represents a critical element in the era of industry 4.0, incorporating cutting-edge technologies like the Internet of Things (IoT), artificial intelligence (AI), and automation. It paves the way for the seamless convergence of production and information systems, yielding enhanced operational efficiency, cost-effectiveness, and adaptability within manufacturing workflows. Through the utilization of real-time data, predictive analytics, and machine learning protocols, the Smart Factory empowers informed decision-making, optimized resource deployment, and efficient maintenance procedures, thereby fostering ened productivity, minimized downtime, superior product standards, and expedited time-to-market outcomes. Moreover, it champions sustainability through energy conservation initiatives and waste management strategies. In essence, the Smart Factory plays a pivotal role in empowering enterprises to sustain their competitive edge in the global marketplace by facilitating agile and intelligent manufacturing practices.
Key Market Segmentation:
Insights On Key Components
Industrial Robots
Industrial Robots are expected to dominate the Global Smart Factory Market. The use of industrial robots in manufacturing processes has been increasing rapidly, as they offer enhanced efficiency, precision, and productivity.
Industrial robots are utilized in various applications such as assembly, material handling, welding, painting, and packaging, among others. With advancements in artificial intelligence, machine learning, and collaborative robotics, industrial robots are becoming more sophisticated and capable of performing complex tasks. The increasing need for automation, cost reduction, and improved quality in manufacturing processes has led to the widespread adoption of industrial robots across different industries. Thus, industrial robots are expected to be the dominating in the Global Smart Factory Market.
Industrial Sensors
Industrial sensors play a crucial role in enabling intelligent manufacturing processes in smart factories. These sensors collect real-time data on various parameters such as temperature, pressure, humidity, and vibration, providing valuable insights into the functioning of machines and processes. Industrial sensors are essential for monitoring and controlling different aspects of manufacturing operations, ensuring optimal performance, and maintaining quality standards. While industrial sensors are a critical component of smart factories, their dominance might be overshadowed by the rise of industrial robots. However, they still hold significant importance in achieving efficient and reliable operations within smart factories.
Industrial 3D Printing
Industrial 3D printing, also known as additive manufacturing, has gained traction in the manufacturing industry due to its ability to create complex and customized components with precision. It offers advantages such as reduced lead times, cost savings, and design versatility. However, the dominance of industrial 3D printing in the Global Smart Factory Market might be limited compared to industrial robots. The technology is still evolving, and its adoption is primarily observed in specific industries such as aerospace, automotive, and healthcare. While industrial 3D printing has the potential to transform the manufacturing landscape, its overall market share might be relatively smaller.
Machine Vision
Machine vision systems play a critical role in quality control and inspection processes within smart factories. These systems use computer vision and image processing algorithms to analyze and interpret visual information, ensuring product integrity and adherence to quality standards. Machine vision technology has enabled automated inspection, defect detection, and production line optimization in various industries. However, similar to industrial sensors and 3D printing, the dominance of machine vision in the Global Smart Factory Market is likely to be overshadowed by industrial robots. Nonetheless, machine vision remains an integral of smart factories, supporting efficient manufacturing operations and ensuring product quality.
Insights On Key Solution
MES
MES, also known as Manufacturing Execution Systems, is expected to dominate the Global Smart Factory Market. MES is a comprehensive solution that enables real-time monitoring, control, and optimization of manufacturing operations. With the increasing need to drive operational efficiency, reduce waste, and improve quality in factories, MES offers a powerful tool for manufacturers. It helps in streamlining processes, coordinating production activities, and providing visibility across the supply chain. The integration of MES with other smart factory technologies such as IoT and AI further enhances its capabilities, making it the leading in the Global Smart Factory Market.
SCADA
SCADA, which stands for Supervisory Control and Data Acquisition, is another important in the Global Smart Factory Market. SCADA systems enable remote monitoring and control of industrial processes, allowing operators to efficiently manage complex manufacturing operations. With its ability to gather real-time data, perform analysis, and make informed decisions, SCADA plays a crucial role in optimizing productivity and ensuring operational safety. Although SCADA is an integral of smart factory infrastructure, it is expected to be overshadowed by the dominance of MES due to MES's broader functionalities.
Industrial Safety
Industrial Safety, comprising various solutions and technologies aimed at ensuring the safety of workers and equipment in manufacturing facilities, is an essential in the Global Smart Factory Market. These solutions include safety sensors, alarms, interlocks, and automated safety systems. While industrial safety is a critical aspect of ensuring smooth operations and preventing accidents, it is not expected to dominate the smart factory market on its own. Instead, it will complement and support the dominant , which is MES, by contributing to the overall safety and well-being of the factory environment.
PAM
PAM, or Process Asset Management, is one more noticeable within the By Solution category of the Global Smart Factory Market. PAM systems focus on managing and maintaining the assets used in manufacturing processes, such as machinery, tools, and equipment. While important for optimizing asset utilization and reducing downtime, PAM is not expected to dominate the smart factory market on its own. It is more likely to be integrated with the dominant , MES, to enhance functionality and enable comprehensive asset management within the smart factory ecosystem.
Insights On Key Process Industry
Chemicals
Chemicals is expected to dominate the Global Smart Factory Market. With the increasing adoption of automation and digitalization in chemical manufacturing processes, smart factories are becoming essential for improving operational efficiency and reducing costs. Smart factories in the chemical industry leverage advanced technologies such as artificial intelligence, internet of things, and big data analytics to optimize production, ensure product quality, and enhance safety. These capabilities enable efficient resource management, predictive maintenance, and real-time monitoring of critical parameters. As the demand for chemicals continues to grow across various sectors, the implementation of smart factory solutions will play a crucial role in meeting market demands and driving competitive advantage.
Oil & Gas
The Oil & Gas of the By Process Industry is expected to witness substantial growth in the Global Smart Factory Market. With the need for advanced exploration, extraction, and refining processes, the implementation of smart factory solutions is becoming increasingly crucial in the oil and gas industry. Smart factories in this sector leverage technologies such as Internet of Things (IoT), AI-powered analytics, and automation to enhance operational efficiency, reduce costs, and ensure safety. Through real-time monitoring and data-driven insights, smart factories enable predictive maintenance, optimized production planning, and improved supply chain management, thus maximizing productivity and minimizing downtime. As global energy demands continue to rise, the adoption of smart factory solutions in the oil and gas industry will drive its dominance in the global market.
Pulp & Paper
In the Global Smart Factory Market, the Pulp & Paper is expected to witness significant growth. Smart factories in the pulp and paper industry leverage automation, robotics, and data analytics to streamline production processes, improve product quality, and reduce environmental impact. By integrating digital technologies into manufacturing, these smart factories optimize resource utilization, enable real-time monitoring of key parameters, and facilitate predictive maintenance. With increasing global demand for sustainable packaging and paper products, the implementation of smart factory solutions in the pulp and paper industry will allow manufacturers to meet consumer expectations while improving operational efficiency and reducing costs.
Metals & Mining
The Metals & Mining of the By Process Industry is anticipated to experience substantial growth in the Global Smart Factory Market. Smart factories in the metals and mining industry leverage technologies such as automation, artificial intelligence, and Internet of Things (IoT) to improve production efficiency, enhance safety, and optimize supply chain management.
These smart factories enable real-time monitoring of critical parameters, predictive maintenance, and data-driven decision-making, thus driving operational excellence. As the demand for metals and minerals increases across various industries, the implementation of smart factory solutions in the metals and mining sector will be crucial for meeting market demands, improving sustainability, and maintaining a competitive edge.
Pharmaceuticals
The Pharmaceuticals of the By Process Industry holds significant potential in the Global Smart Factory Market. Smart factories in the pharmaceutical industry leverage advanced technologies such as robotics, automation, and data analytics to enhance manufacturing processes, ensure product quality, and comply with regulatory standards. By integrating real-time monitoring, predictive analytics, and agile production capabilities, smart factories enable efficient production planning, quality assurance, and supply chain management. With the increasing complexity and stringent regulations in the pharmaceutical sector, the adoption of smart factory solutions will be paramount in meeting market demands, ensuring patient safety, and driving operational efficiency.
Food & Beverages
The Food & Beverages of the By Process Industry is expected to witness substantial growth in the Global Smart Factory Market. As the demand for safe and quality food products increases, the implementation of smart factory solutions becomes vital in the food and beverages industry. Smart factories in this sector leverage automation, robotics, and data analytics to improve production efficiency, ensure product traceability, and enhance food safety measures. By integrating technologies such as IoT, artificial intelligence, and real-time monitoring, smart factories enable optimized production planning, predictive maintenance, and efficient supply chain management. With the rising consumer expectations for transparency and sustainability in the food industry, the adoption of smart factory solutions will drive the dominance of the food and beverages in the global market.
Energy & Power
The Energy & Power of the By Process Industry is anticipated to witness significant growth in the Global Smart Factory Market. Smart factories in the energy and power sector leverage technologies such as Internet of Things (IoT), AI-powered analytics, and automation to optimize production processes, enhance asset utilization, and improve energy efficiency. These smart factories enable real-time monitoring of critical parameters, predictive maintenance, and advanced analytics for efficient energy management. With the increasing need for renewable energy sources and efficient power generation, the implementation of smart factory solutions will play a vital role in driving the dominance of the energy and power in the global market.
Others
Among the various s of the By Process Industry, the Others category represents a diverse range of industries not specifically mentioned in the list. While it is challenging to predict the dominating within this category without specific data and analysis, it is essential to consider that the adoption of smart factory solutions is gaining traction across industries globally. The Others may include sectors such as textiles, automotive, electronics, and more. The dominant within this category would depend on factors such as market demand, technological advancements, and the specific needs of each industry.
To accurately determine the dominating within the Others category, further research and data analysis would be required. However, it can be inferred that the implementation of smart factory solutions within this diverse range of industries will contribute to the overall growth and dominance of the Global Smart Factory Market.
Insights On Key Discrete Industry
Automotive
The Automotive industry is expected to dominate the Global Smart Factory Market. This is due to the increasing adoption of automation and advanced technologies in the automotive manufacturing process. Smart factories enable automakers to improve operational efficiency, reduce costs, and enhance product quality. With the emergence of electric vehicles and the need for flexible production lines, smart factories offer several benefits such as real-time monitoring, predictive maintenance, and streamlined supply chain management. Automotive companies are investing heavily in smart factory technologies to gain a competitive edge in the market and meet the growing consumer demand for innovative and sustainable vehicles.
Aerospace & Defense
The Aerospace & Defense industry is anticipated to play a significant role in the Global Smart Factory Market. With the increasing complexity and customization requirements of aerospace and defense products, smart factories provide the necessary capabilities to optimize production, enhance productivity, and ensure high-quality standards. The integration of advanced technologies like robotics, IoT, and artificial intelligence enables improved manufacturing processes, efficient resource utilization, real-time data analytics, and enhanced collaboration across the supply chain. In addition, the aerospace and defense sector also emphasizes safety and compliance, which can be effectively addressed through the implementation of smart factory solutions.
Semiconductor & Electronics
The Semiconductor & Electronics industry is expected to be a prominent player in the Global Smart Factory Market. This industry heavily relies on precision manufacturing, automation, and real-time data analytics to meet the increasing demand for electronic components, devices, and systems. Smart factories offer benefits such as improved productivity, quality control, cost optimization, and agility in responding to market demands. The integration of IoT, AI, and data analytics enables efficient supply chain management, predictive maintenance, and faster time-to-market for semiconductor and electronics manufacturers. Additionally, the need for seamless connectivity, miniaturization, and customization in electronic products further drives the adoption of smart factory technologies in this industry.
Machine Manufacturing
The Machine Manufacturing industry is expected to have a significant presence in the Global Smart Factory Market. As machine manufacturers focus on improving productivity, reducing downtime, and enhancing product quality, smart factories offer advanced automation, real-time monitoring, and predictive maintenance solutions. By leveraging technologies like robotics, IoT, AI, and cloud computing, manufacturers can streamline their production processes, optimize resource utilization, and ensure operational efficiency. Smart factories enable machine manufacturers to adapt quickly to changing market demands, improve flexibility in customization, and implement intelligent supply chain management systems.
Medical Devices
The Medical Devices industry is anticipated to make a considerable impact on the Global Smart Factory Market. With rising healthcare demands and the need for precision manufacturing, smart factories provide a competitive advantage by improving productivity, quality control, and traceability in medical device manufacturing. The integration of automation, robotics, IoT, and AI technologies enables optimized production processes, precise quality management, and supply chain visibility. Smart factories help medical device manufacturers meet stringent regulations, ensure patient safety, and accelerate product development cycles. The ability to track and manage critical data in real-time enables proactive maintenance, reduced downtime, and enhanced operational efficiency in the medical devices industry.
Others
The "Others" category within the By Discrete Industry includes various industry sectors not specifically mentioned in the given options. These sectors could include industries such as consumer electronics, telecommunications equipment manufacturing, and industrial equipment manufacturing. It is difficult to determine which specific within this category will dominate the Global Smart Factory Market without further information. Therefore, further research and analysis specific to the industries falling under the "Others"
category would be necessary to identify any potential dominating .
Insights on Regional Analysis:
Asia Pacific
Asia Pacific is expected to dominate the global smart factory market. This can be attributed to the rapid industrialization and increasing adoption of advanced manufacturing technologies in countries like China, Japan, and South Korea. These countries have a strong presence in the electronics, automotive, and aerospace industries, which are key sectors driving the demand for smart factory solutions. Additionally, favorable government initiatives and investments in smart factory technologies are further propelling the growth of the market in this region. The availability of skilled labor, technological expertise, and a robust manufacturing infrastructure also contribute to Asia Pacific's dominance in the global smart factory market.
North America
In North America, the smart factory market is projected to witness significant growth. This can be attributed to the presence of technologically advanced economies like the United States and Canada. The region's strong focus on automation and digitalization, along with the presence of key players in industries such as automotive, aerospace, and electronics, drives the adoption of smart factory solutions. Furthermore, the increasing emphasis on reducing production costs, improving productivity, and maintaining high quality standards gives a boost to the smart factory market in North America.
Europe
Europe is a prominent market for smart factories, icularly in countries like Germany, France, and the United Kingdom. The region's well-established manufacturing base, advanced infrastructure, and highly skilled workforce contribute to the growth of the smart factory market. The presence of several leading manufacturers across industries such as automotive, machinery, and pharmaceuticals drives the demand for smart factory solutions. Additionally, supportive government initiatives, stringent regulations, and a strong focus on sustainability further enhance the market growth in Europe.
Latin America
Latin America shows significant potential for the growth of the smart factory market. Countries like Brazil and Mexico are witnessing an increasing adoption of smart factory technologies, driven by the need to enhance productivity, reduce operational costs, and improve quality standards. The growing demand for smart manufacturing solutions in industries such as automotive, food and beverage, and chemicals further fuels the market growth in this region. However, infrastructure challenges, political and economic instability, and limited technological awareness pose certain barriers to the widespread adoption of smart factory technologies in Latin America.
Middle East & Africa
The Middle East & Africa region is expected to exhibit steady growth in the smart factory market. Governments in countries like the United Arab Emirates and Saudi Arabia are investing heavily in Industry 4.0 initiatives and smart manufacturing technologies to diversify their economies and reduce dependency on oil. The region's focus on technological advancements and automation, especially in the oil and gas, automotive, and manufacturing sectors, presents opportunities for the smart factory market. However, challenges related to the availability of skilled labor, infrastructure limitations, and economic uncertainties may impede the market growth in this region.
Company Profiles:
Key participants in the worldwide Smart Factory sector have a significant impact on fostering creativity and technological progress to improve production processes and streamline operational effectiveness. Through their proficiency in creating comprehensive solutions that incorporate automation systems, artificial intelligence, and Internet of Things (IoT) technologies, they empower various industries to attain efficient manufacturing, smooth connectivity, and instantaneous data analysis to facilitate well-informed choices.
Prominent entities within the smart factory sector encompass Siemens AG, ABB Ltd, Honeywell International Inc., Schneider Electric SE, Robert Bosch GmbH, Rockwell Automation, Inc., General Electric Company, Mitsubishi Electric Corporation, Emerson Electric Co., and Fanuc Corporation. These industry leaders play a significant role in the advancement of smart factory technologies on a global scale. Their focus lies in pioneering cutting-edge solutions for factory automation and digitalization through a diverse range of offerings, spanning industrial automation systems, robotics, artificial intelligence, data analytics, and cybersecurity measures. With their innovative approaches, these key players drive the evolution and integration of smart factory solutions, catering to varied industries such as automotive, electronics, food and beverage, and pharmaceuticals.
COVID-19 Impact and Market Status:
The Global Smart Factory market has experienced a notable deceleration in growth as a result of the Covid-19 pandemic, chiefly attributed to supply chain interruptions and diminished industrial operations.
The global smart factory market has experienced considerable repercussions due to the ongoing COVID-19 crisis. The enforcement of social distancing measures, restrictions on travel, and the temporary halting of business operations have impacted numerous smart factories, resulting in production delays, disruptions in the supply chain, and a reduction in the demand for smart manufacturing solutions. Nevertheless, the pandemic has underscored the critical role of automation and digitalization in the manufacturing sector, prompting a ened emphasis on smart factory solutions as businesses strive to boost efficiency, minimize human interactions, and ensure continuity in the event of future disruptions.
Furthermore, there has been a notable upsurge in the requirement for remote monitoring and control systems, along with the adoption of machine learning and artificial intelligence (AI) technologies by manufacturers aiming to enhance operational resilience and flexibility. Despite the initial challenges posed by the pandemic, the smart factory industry is anticipated to rebound and expand in the post-pandemic era, driven by the growing integration of advanced technologies, government initiatives promoting digital transformation, and the imperative for enhanced productivity and cost-efficiency.
Latest Trends and Innovation:
- In February 2021, Siemens AG announced the acquisition of Edge technology provider for industrial software company, Supplyframe.
- In January 2021, Rockwell Automation nered with ANSYS to develop digital twin technology for Industrial Internet of Things (IIoT) solutions.
- In December 2020, Schneider Electric acquired ProLeiT AG, a provider of process control and automation solutions.
- In November 2020, Honeywell announced the launch of a platform called Honeywell Forge Cybersecurity Platform for tackling rising industrial cybersecurity threats.
- In October 2020, ABB announced the acquisition of German software company Codian Robotics.
- In September 2020, IBM and ABB collaborated to develop an AI-enabled automation solution for factories.
- In August 2020, Siemens and SAP expanded their nership to enhance industrial Internet of Things (IIoT) and Industry 4.0 capabilities.
- In July 2020, General Electric (GE) announced its collaboration with TE Connectivity to develop an energy-efficient solution for the Smart Factory market.
- In June 2020, Schneider Electric nered with AVEVA to deliver a digital twin software for improved asset performance management in industrial environments.
- In May 2020, Siemens and Syncron collaborated to offer enhanced predictive maintenance capabilities for the manufacturing industry.
Significant Growth Factors:
Factors driving the expansion of the Smart Factory Market encompass technological progress, ened automation, and the growing acceptance of IIoT solutions within industrial operations.
The expansion of the smart factory market is being driven by several key factors. One significant contributor is the increasing embrace of industrial automation in various sectors, which is creating a demand for smart factory solutions. Industries such as automotive, electronics, and pharmaceuticals are progressively integrating smart factory technologies to optimize manufacturing processes and enhance operational efficiency. Additionally, the emphasis on cost reduction and productivity improvement is playing a role in the market's growth, as smart factories offer advantages like decreased labor costs, enhanced production output, and improved product quality, making them attractive to manufacturers. The market is also being propelled by the growing trend of digitalization and the incorporation of advanced technologies such as artificial intelligence (AI), the internet of things (IoT), and big data analytics.
These technologies enable real-time data monitoring and analysis, predictive maintenance, and streamlined production processes, leading to enhanced profitability and competitiveness. Moreover, government initiatives and regulations that promote the adoption of smart manufacturing technologies are contributing to the market's growth. For example, the Industry 4.0 initiatives in countries like Germany and China are facilitating the implementation of smart factory concepts. In essence, the swift expansion of the smart factory market can be attributed to the uptake of industrial automation, the focus on cost reduction and productivity enhancement, the integration of advanced technologies, and government initiatives endorsing smart manufacturing.
Restraining Factors:
The Smart Factory Market faces constraints due to limited utilization of cutting-edge technologies and the substantial upfront financial commitments required.
The Smart Factory industry has experienced substantial growth recently, driven by the rise in industrial automation adoption and the integration of advanced technologies such as artificial intelligence, robotics, and the Internet of Things (IoT). However, certain factors could impede market expansion. The initial substantial investment needed for smart factory technology implementation is a significant hurdle, especially for small and medium-sized enterprises (SMEs) with limited financial resources. Additionally, challenges include the scarcity of skilled labor and resistance to change among existing employees. Data security and privacy concerns are also notable obstacles, as organizations fear cyber-attacks and data breaches. Moreover, the integration complexities of various systems and outdated equipment with smart factory technologies lead to technical difficulties and slower adoption rates. Varying regulatory environments and compliance standards across regions could potentially hinder global smart factory initiatives. Despite these barriers, the smart factory market's future remains promising. Efforts from governments and industry groups to provide training and incentives aim to bridge the skill gap and support technology integration.
Advancements in cybersecurity measures and standard protocols are enhancing data security and privacy issues. In conclusion, despite challenges, the continuous endeavors to address these obstacles alongside the numerous advantages of smart factories indicate a positive outlook for the market's future.
Key Segments of the Smart Factory Market
Components Overview
• Industrial Sensors
• Industrial Robots
• Industrial 3D Printing
• Machine Vision
Solution Overview
• SCADA
• MES
• Industrial Safety
• PAM
Process Industry Overview
• Oil & Gas
• Chemicals
• Pulp & Paper
• Pharmaceuticals
• Metals & Mining
• Food & Beverages
• Energy & Power
• Others
Discrete Industry Overview
• Automotive
• Aerospace & Defense
• Semiconductor & Electronics
• Machine Manufacturing
• Medical Devices
• Others
Regional Overview
North America
• US
• Canada
• Mexico
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
Middle East and Africa
• Saudi Arabia
• UAE
• Rest of Middle East and Africa
Latin America
• Brazil
• Argentina
• Rest of Latin America
Frequently Asked Questions (FAQ) :
The global smart factory Market is Segmented on the basis By Components, By Solution, By Process Industry, By Discrete Industry, By Region.
The major contenders in the global smart factory market Siemens AG, ABB Ltd, Honeywell International Inc., Schneider Electric SE, Robert Bosch GmbH, Rockwell Automation, Inc., General Electric Company, Mitsubishi Electric Corporation, Emerson Electric Co., and Fanuc Corporation.
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