Technological Advancements and Rising Demand for Automation, IoT to Put Global Smart Factory Market on Growth Track
The growing awareness about the benefits of smart factories is fuelling the growth of the global smart factory market. The smart factories ensure more advanced, safer, and more efficient approaches than conventional factories. The emergence of smart factories is largely influenced by the sweeping shift towards automation, advanced microprocessors, and resources with local intelligence. They have the ability to connect every process and component across the value chain by integrating cyber physical system with the forefront of manufacturing flow. The...
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