International Busan Smart Factory Conference & Expo (BUSAN SMART FACTORY)
What is “Smart Factory”?
“Smart Factory” refers to a next-generation manufacturing factory where the entire product manufacturing cycle from product design to production and shipping is managed by advanced simulation and modeling to address issues and enable optimization of cost and effort input to deliver products desired by both producer and consumer.
- To help domestic enterprises develop relevant technologies and make inroads into applicable markets ahead of others as the global smart factory market represents a value-added industry growing 10% each year. The market was valued 228 billion USD in total in 2015, with its device segment accounting for 70 billion USD and the application segment 158 billion USD. The market is expected to reach approximately 290 billion USD by 2020.
- To facilitate the advancement of smart factory industry in Korea and actively encourage relevant business enterprises to expand market coverage and develop applicable technologies.
- To suggest manufacturing environment required for the joint smart factory promotion plan of the Ministry of Trade, Industry and Energy and the Small and Medium Business Administration to build 10,000 smart factories for small and medium sized manufacturers and promote solutions optimized to market needs.
- To actively draw upon the new trend of smart industrial revolution converging manufacturing, IT and service industries to overcome the limitations of quantity-centric focus of domestic manufacturing industry and deliver more values.
- To promote various solutions addressing the needs of manufacturing sites and encourage the development of models and technologies optimized to the needs of smart factory promotion programs for domestic enterprises.
- Contribute to the development of workforce by defining standards for smart factory and promoting policy support packages.
- People in charge at manufacturing companies in industries including aerospace, offshore plants, iron manufacture, steel, defense, etc.
- People in charge at manufacturing companies in industries including electricity, electronics, semiconductors, display, etc.
- People in charge at manufacturing companies in industries including automobiles, petrochemical, medicine, pharmaceuticals, biotechnology, etc.
- People in charge at manufacturing companies in industries including construction, architecture, energy, textiles, clothing, fashion, etc.
- People in charge at manufacturing companies in industries including machinery, materials, parts, etc
- People in charge at companies in industries including mobile, mobile communication, information communication, food & beverages, fast-moving consumer goods (FMCG), etc.