Global Industry 4.0 market projected to propel due to the growing demand for industrial robots and increasing focus on enhanced efficiency and reduced production costs
Global Industry 4.0 market size was valued at USD 74.8 billion in 2019 and is anticipated to which expected to reach USD 213.84 billion by 2027, growing at a CAGR of 12.77 % from 2020-2027. The primary factors are the rise in the adoption of industrial internet in various industries. Additionally, the shifting focus of manufactures towards their increasing production efficiency, controlling, and effectively and streamlining heterogeneous manufacturing processes are anticipated to fuel the growth of the global Industry 4.0 market in the future periods. Further, the mounting popularity of intelligent manufacturing techniques to enhance productivity across various industry verticals will spur Industry 4.0 in the coming years. Also, the evolution of cloud computing technologies, technological advancements in the electronics industry, implementation of smart factory concept & factory automation technologies, and government initiatives by different countries are estimated to foster the robust growth of the Industry 4.0.
The four major themes of Industry 4.0 are smart factories, smart production, smart logistics, and smart services. The manufacturing industry expands new applications and services by systematically building based on modularization and encapsulation; big data drives connected manufacturing technology. Moreover, the growing adoption of automation for high-quality production will accelerate the market expansion of Industry 4.0 in the forecast span. Also, the surge in the applications of Industry 4.0 to enable manufacturing operational intelligence, remote servicing, remote monitoring, and predictive maintenance will boom market growth. Additionally, the introduction of Big Data and innovative methods to handle massive amounts of data in the industrial process are likely to promulgate the growth of global Industry 4.0.
Component Overview in the Global Industry 4.0 Market
Based on the component, the global Industry 4.0 market classified into hardware, software, and services. The software segment likely to lead the market by 2027, owing to software help in data management, remote monitoring, security solutions, analytics, and others.
Technology Overview in the Global Industry 4.0 Market
Based on the component, the global Industry 4.0 market classified into hardware, software, and services. The software segment likely to lead the market by 2027, owing to software help in data management, remote monitoring, security solutions, analytics, and others.
Application Overview in the Global Industry 4.0 Market
Based on the application, the global Industry 4.0 market classified into Industrial Automation, Smart Factory, and Industrial Internet of things (IIoT). The Industrial Internet of things (IIoT) segment projected to lead the market by 2027. It is due to the IIoT helps in save energy costs, maintenance costs, and waste and improve workforce productivity and service. Additionally, the growing adoption of IIoT in enabling asset monitoring, manufacturing operational intelligence, remote servicing, remote monitoring, and predictive maintenance will propel the growth of the IIoT market in future periods.
End-User Industry Overview in the Global Industry 4.0 Market
Based on the end-user industry, the global Industry 4.0 market segmented into Automotive, Electronics, Oil & Gas, Energy & Power, Chemicals, Pharmaceuticals, Food & Beverages, Manufacturing, and Others. The manufacturing segment anticipated to dominate the market by 2027. It is attributable to manufacturing companies using industry 4.0 to increase the shortage of skilled workers in the manufacturing sector, and robots help optimize their performance and identify potential failures.
Regional Overview in the Global Industry 4.0 Market
By geography, the Global Industry 4.0 Market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific held a higher market share in 2019 and will continue its dominance by 2027. It is attributable to considering continuous technological advancements and financial support from the governments in the region, coupled with high adoption of automated & robotic systems for performing various operational tasks at manufacturing & warehouse facilities to gain productivity.
Global Industry 4.0 Market: Competitive Landscape
Companies such as ABB, Mitsubishi, Yaskawa, KUKA, FANUC, General Electric, IBM, Cisco, Microsoft, Stratasys, Google, Intel, HP, Siemens, Ansys, AIBrain, SAP, Amazon Web Services, Texas Instruments, and General Vision, are the key players in the global Industry 4.0 Market.
Global Industry 4.0 Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Economic Factor Analysis 4.1.1. Drivers 4.1.2. Trends 4.1.3. Opportunities 4.1.4. Challenges 4.2. Technological Landscape 4.3. Competitors & Product Analysis 4.4. Policy & Regulatory Framework 4.5. Company market share analysis, 2018 4.6. Porter's Five forces analysis 4.7. New Investment Analysis 4.8. PESTEL Analysis 4.9. COVID-19 Impact on Industry 4.0 Market 5. Global Industry 4.0 Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. By Value (USD Million) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Component 5.2.1.1. Hardware 5.2.1.2. Software 5.2.1.3. Services 5.2.2. By Technology 5.2.2.1. 3D Printing 5.2.2.2. Industrial Robotics 5.2.2.3. Blockchain 5.2.2.4. Internet of Things (IoT) 5.2.2.5. Artificial Intelligence (AI) 5.2.2.6. Industrial Metrology 5.2.2.7. Digital Twin 5.2.2.8. Augmented Reality & Virtual Reality 5.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 5.2.3. By Application 5.2.3.1. Industrial Automation 5.2.3.2. Smart Factory 5.2.3.3. Industrial internet of things (IIoT) 5.2.4. By End-User Industry 5.2.4.1. Automotive 5.2.4.2. Electronics 5.2.4.3. Oil & Gas 5.2.4.4. Energy & Power 5.2.4.5. Chemicals 5.2.4.6. Pharmaceuticals 5.2.4.7. Food & Beverages 5.2.4.8. Manufacturing 5.2.4.9. Healthcare 5.2.4.10. Others (Logistics, IT, etc.) 5.2.5. By Region 5.2.5.1. North America 5.2.5.2. Europe 5.2.5.3. Asia Pacific 5.2.5.4. South America 5.2.5.5. Middle East & Africa 6. North America Industry 4.0 Market Overview 6.1. North America Industry 4.0 Market Size & Forecast, 2016-2027 6.1.1. By Value (USD Million) 6.2. North America Industry 4.0 Market Share & Forecast, 2016-2027 6.2.1. By Component 6.2.1.1. Hardware 6.2.1.2. Software 6.2.1.3. Services 6.2.2. By Technology 6.2.2.1. 3D Printing 6.2.2.2. Industrial Robotics 6.2.2.3. Blockchain 6.2.2.4. Internet of Things (IoT) 6.2.2.5. Artificial Intelligence (AI) 6.2.2.6. Industrial Metrology 6.2.2.7. Digital Twin 6.2.2.8. Augmented Reality & Virtual Reality 6.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 6.2.3. By Application 6.2.3.1. Industrial Automation 6.2.3.2. Smart Factory 6.2.3.3. Industrial internet of things (IIoT) 6.2.4. By End-User Industry 6.2.4.1. Automotive 6.2.4.2. Electronics 6.2.4.3. Oil & Gas 6.2.4.4. Energy & Power 6.2.4.5. Chemicals 6.2.4.6. Pharmaceuticals 6.2.4.7. Food & Beverages 6.2.4.8. Manufacturing 6.2.4.9. Healthcare 6.2.4.10. Others (Logistics, IT, etc.) 6.2.5. By Country 6.2.5.1. USA 6.2.5.2. Canada 6.2.5.3. Mexico 6.2.6. Company Market Share (Top 3-5) 6.2.7. Economic Impact Study on North America Industry 4.0 Market 7. Europe Industry 4.0 Market Overview 7.1. Europe Industry 4.0 Market Size & Forecast, 2016-2027 7.1.1. By Value (USD Million) 7.2. Europe Industry 4.0 Market Share & Forecast, 2016-2027 7.2.1. By Component 7.2.1.1. Hardware 7.2.1.2. Software 7.2.1.3. Services 7.2.2. By Technology 7.2.2.1. 3D Printing 7.2.2.2. Industrial Robotics 7.2.2.3. Blockchain 7.2.2.4. Internet of Things (IoT) 7.2.2.5. Artificial Intelligence (AI) 7.2.2.6. Industrial Metrology 7.2.2.7. Digital Twin 7.2.2.8. Augmented Reality & Virtual Reality 7.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 7.2.3. By Application 7.2.3.1. Industrial Automation 7.2.3.2. Smart Factory 7.2.3.3. Industrial internet of things (IIoT) 7.2.4. By End-User Industry 7.2.4.1. Automotive 7.2.4.2. Electronics 7.2.4.3. Oil & Gas 7.2.4.4. Energy & Power 7.2.4.5. Chemicals 7.2.4.6. Pharmaceuticals 7.2.4.7. Food & Beverages 7.2.4.8. Manufacturing 7.2.4.9. Healthcare 7.2.4.10. Others (Logistics, IT, etc.) 7.2.5. By Country 7.2.5.1. UK 7.2.5.2. Germany 7.2.5.3. France 7.2.5.4. Netherlands 7.2.5.5. Rest of Europe 7.2.6. Company Market Share (Top 3-5) 7.2.7. Economic Impact Study on Europe Industry 4.0 Market 8. Asia Pacific Industry 4.0 Market Overview 8.1. Asia Pacific Industry 4.0 Market Size & Forecast, 2016-2027 8.1.1. By Value (USD Million) 8.2. Asia Pacific Industry 4.0 Market Share & Forecast, 2016-2027 8.2.1. By Component 8.2.1.1. Hardware 8.2.1.2. Software 8.2.1.3. Services 8.2.2. By Technology 8.2.2.1. 3D Printing 8.2.2.2. Industrial Robotics 8.2.2.3. Blockchain 8.2.2.4. Internet of Things (IoT) 8.2.2.5. Artificial Intelligence (AI) 8.2.2.6. Industrial Metrology 8.2.2.7. Digital Twin 8.2.2.8. Augmented Reality & Virtual Reality 8.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 8.2.3. By Application 8.2.3.1. Industrial Automation 8.2.3.2. Smart Factory 8.2.3.3. Industrial internet of things (IIoT) 8.2.4. By End-User Industry 8.2.4.1. Automotive 8.2.4.2. Electronics 8.2.4.3. Oil & Gas 8.2.4.4. Energy & Power 8.2.4.5. Chemicals 8.2.4.6. Pharmaceuticals 8.2.4.7. Food & Beverages 8.2.4.8. Manufacturing 8.2.4.9. Healthcare 8.2.4.10. Others (Logistics, IT, etc.) 8.2.5. By Country 8.2.5.1. China 8.2.5.2. Japan 8.2.5.3. India 8.2.5.4. Singapore 8.2.5.5. South Korea 8.2.5.6. Rest of Asia Pacific 8.2.6. Company Market Share (Top 3-5) 8.2.7. Economic Impact Study on Asia Pacific Industry 4.0 Market 9. South America Industry 4.0 Market Overview 9.1. South America Industry 4.0 Market Size & Forecast, 2016-2027 9.1.1. By Value (USD Million) 9.2. South America Industry 4.0 Market Share & Forecast, 2016-2027 9.2.1. By Component 9.2.1.1. Hardware 9.2.1.2. Software 9.2.1.3. Services 9.2.2. By Technology 9.2.2.1. 3D Printing 9.2.2.2. Industrial Robotics 9.2.2.3. Blockchain 9.2.2.4. Internet of Things (IoT) 9.2.2.5. Artificial Intelligence (AI) 9.2.2.6. Industrial Metrology 9.2.2.7. Digital Twin 9.2.2.8. Augmented Reality & Virtual Reality 9.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 9.2.3. By Application 9.2.3.1. Industrial Automation 9.2.3.2. Smart Factory 9.2.3.3. Industrial internet of things (IIoT) 9.2.4. By End-User Industry 9.2.4.1. Automotive 9.2.4.2. Electronics 9.2.4.3. Oil & Gas 9.2.4.4. Energy & Power 9.2.4.5. Chemicals 9.2.4.6. Pharmaceuticals 9.2.4.7. Food & Beverages 9.2.4.8. Manufacturing 9.2.4.9. Healthcare 9.2.4.10. Others (Logistics, IT, etc.) 9.2.5. By Country 9.2.5.1. Brazil 9.2.5.2. Argentina 9.2.5.3. Rest of South America 9.2.6. Company Market Share (Top 3-5) 9.2.7. Economic Impact Study on South America Industry 4.0 Market 10. Middle East & Africa Industry 4.0 Market Overview 10.1. Middle East & Africa Industry 4.0 Market Size & Forecast, 2016-2027 10.1.1. By Value (USD Million) 10.2. Middle East & Africa Industry 4.0 Market Share & Forecast, 2016-2027 10.2.1. By Component 10.2.1.1. Hardware 10.2.1.2. Software 10.2.1.3. Services 10.2.2. By Technology 10.2.2.1. 3D Printing 10.2.2.2. Industrial Robotics 10.2.2.3. Blockchain 10.2.2.4. Internet of Things (IoT) 10.2.2.5. Artificial Intelligence (AI) 10.2.2.6. Industrial Metrology 10.2.2.7. Digital Twin 10.2.2.8. Augmented Reality & Virtual Reality 10.2.2.9. Others (5G, Machine Learning, Cyber security, Cloud Computing etc.) 10.2.3. By Application 10.2.3.1. Industrial Automation 10.2.3.2. Smart Factory 10.2.3.3. Industrial internet of things (IIoT) 10.2.4. By End-User Industry 10.2.4.1. Automotive 10.2.4.2. Electronics 10.2.4.3. Oil & Gas 10.2.4.4. Energy & Power 10.2.4.5. Chemicals 10.2.4.6. Pharmaceuticals 10.2.4.7. Food & Beverages 10.2.4.8. Manufacturing 10.2.4.9. Healthcare 10.2.4.10. Others (Logistics, IT, etc.) 10.2.5. By Country 10.2.5.1. UAE 10.2.5.2. Saudi Arabia 10.2.5.3. South Africa 10.2.5.4. Rest of Middle East & Africa 10.2.6. Company Market Share (Top 3-5) 10.2.7. Economic Impact Study on Middle East & Africa Industry 4.0 Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. ABB LTD. 11.7.2. Mitsubishi Electric Corp. 11.7.3. Yaskawa 11.7.4. KUKA 11.7.5. FANUC 11.7.6. General Electric Company 11.7.7. International Business Machines Corporation 11.7.8. Cisco Systems, Inc. 11.7.9. Microsoft Corporation 11.7.10. Stratasys LTD. 11.7.11. Google. 11.7.12. Intel Corporation 11.7.13. Hewlett Packard Enterprise Company 11.7.14. Siemens AG 11.7.15. Ansys 11.7.16. Other Prominent Players
| Price : US$ 2450 | Date : Apr 2024 |
| Category : Electronics | Pages : 269 |
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| Category : Electronics | Pages : 261 |
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| Category : Manufacturing and Construction | Pages : 123 |
| Price : US$ 2800 | Date : Jan 2024 |
| Category : Manufacturing and Construction | Pages : 148 |
| Price : US$ 2800 | Date : Jan 2024 |
| Category : Manufacturing and Construction | Pages : 148 |
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