UK Markets closed

Several Companies Have Begun Developing 5G Enabled Smart Factory Technologies

Research and Markets
·2-min read

Dublin, July 21, 2020 (GLOBE NEWSWIRE) -- published a new article on the smart factories industry "Several Companies Have Begun Developing 5G Enabled Smart Factory Technologies"

5G could be a key factor driving the growth of smart factory solutions. Smart factories, sometimes referred to as industry 4.0, use a combination of connected devices, data and artificial intelligence to make manufacturing more flexible and responsive. Analysts predict that 5G will be a key enabler of smart factory adoption since it offers higher speed and bandwidth as well as low latency. This could enable more organizations to make use of smart factory solutions like warehouse automation, autonomous guided vehicles, augmented reality, condition based monitoring and automated assembly lines.

Several companies have begun developing 5G enabled smart factory technologies. Ericsson has been working on 5G infrastructure equipment at its 5G connected plant in Texas. The first millimeter wave Street Macros base stations were assembled at the factory earlier this year. Mitsubishi Electric has also been experimenting with 5G networks to power human machine interfaces for manufacturing. In South Korea several major telecommunications operators including SK Telecom, KT Corp and LG Uplus Corp have developed 5G enabled smart factory solutions to assist SMEs in boosting their manufacturing output and cutting costs.

To see the full article and a list of related reports on the market, visit "Several Companies Have Begun Developing 5G Enabled Smart Factory Technologies"

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900