Accelerating the
Industrial Internet of Things

Manufacturing System Automation

Manufacturing System Automation
Feature New Record
DESCRIPTION
Autonomous systems, which have the ability to learn, adapt and take decisions, have already been labelled as revolutionary technologies of the future in many sectors.
It is noted that autonomous systems provide a new magnitude of flexibility and capability for complex manufacturing requirements. All resources are modeled as intelligent entities that interact with each other in a controlled environment. Each entity has an adaptive and intelligent controller allowing the entity to autonomously pursue multiple goals as both a consumer and a producer. Environment rules are established by local and global multiple-criteria decision systems to resolve conflicts between entities and to optimize their overall performance
MARKET SIZE

The global Smart Manufacturing Market is set for rapid growth and is expected to reach around USD 479.01 billion by 2023.

Source: Zion Market Research

The global smart manufacturing market size is estimated to reach USD 395.2 billion by 2025.

Source: PRNewswire

The smart factory market is projected to be valued at USD 205.42 billion by 2022, growing at a CAGR of 9.3%, between 2017 and 2022.

Source: Marketsandmarkets

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