Smart factories are cost-effective and provide fully integrated automation solutions for manufacturing facilities to streamline material flow during the manufacturing process. Smart factories are distinguished by an increased use of technology and field devices to provide complete automation in the manufacturing process.
Smart factories may connect every process and component across the value chain by placing a cyber physical system at the forefront of the manufacturing flow. This integration of information and production has transformed the automation sector, allowing manufacturing units to operate at peak efficiency. Furthermore, smart factories enable manufacturers to achieve the shortest time to market and zero waste production.
Automation in smart factory market makes the use of various control devices such as sensors, motors, drives, switches and relays and networks technologies such as wired, wireless and radio frequency identification (RFID). Integrated systems such as Manufacturing Execution System (MES), Information Technology (IT) system, Programmable Logic Control (PLC), Enterprise Resource Planning (ERP) and Supervisory Control and Data Acquisition (SCADA) are designed to meet the specific requirements of a manufacturing unit.
The increasing requirement to improve efficiency and energy savings in the manufacturing process is one of the primary factors driving the growth of the smart factory industry. Through efficient streamlining of the manufacturing process, automation has enabled industrial units to utilise every second of production time.
Technological improvements such as machine-to-machine connectivity enable smart factories to decrease time waste caused by process modification delays. Furthermore, with the growth of the Internet of Things (IoT) and services, the integration of manufacturing and engineering processes has taken a giant leap forward. However, the expansion of the smart factory business is hampered by a lack of standardisation and interoperability concerns.
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