Global Digital Twin Market Report By Application (Product Design And Development , Machine And Equipment Health Monitoring , Predictive Maintenance , And Dynamic Optimization), End User (Aerospace And Defense , Automotive And Transportation , Home And Commercial , Electronics & Electrical/Machine Manufacturing , Healthcare , Energy And Utilities , Retail And Consumer Goods , And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026
ID:VMR11210495
January 2020
Report Formats:

As per this study the Global Digital Twin Market was valued USD XX.X MN (by revenue) in 2019 and is anticipated to reach USD XX.X MN by 2026 with a CAGR of X.X%.
 
Digital twin is a virtual model of a physical asset, process, services, products, people and devices that can be used for various purposes like real-time optimization of devices that helps business in better analysis and early prediction of errors. Digital twin is used to analyze changes in the performance or condition of a machine component during operation. Digital twin is a digital representation of how the Internet of Things (IoT) operates and lives throughout its life. Digital twin technology is being used across numerous end-use industries owing to its potential in improving production layout, reducing operational costs, and enhancing the productivity of the existing system.
 
Market Dynamics
 
The increase in the adoption of Internet of Things (IoT) predominantly for design and manufacturing is boosting the market growth of digital twin. Further, growing usage of connected devices across various organizations, and the emergence of high-speed networking technologies are also fueling market growth. However, cybercrimes and data security threats would restrain the market growth of digital twin.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of digital twin.
 
Market Segmentation
 
The broad digital twin market has been sub-grouped into application and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Application

  • Product Design and Development
  • Machine and Equipment Health Monitoring
  • Predictive Maintenance
  • Dynamic Optimization
 
By End User
  • Aerospace and Defense
  • Automotive and Transportation
  • Home and Commercial
  • Electronics & Electrical/Machine Manufacturing
  • Healthcare
  • Energy and Utilities
  • Retail and Consumer Goods
  • Others
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for digital twin in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Digital Twin Market By Revenue (USD MN)
 
Europe Digital Twin Market By Revenue
 
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the digital twin market include IBM Corporation, Microsoft Corporation, Oracle Corporation, and PTC, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Digital Twin Market
       2.2. Global Digital Twin Market Snapshot
 
3 . DIGITAL TWIN – INDUSTRY ANALYSIS
       3.1. Introduction
       3.2. Market Drivers of Digital Twin Market
       3.3. Market Restraints of Digital Twin Market
       3.4. Opportunities of Digital Twin Market
       3.5. Trends of Digital Twin Market
       3.6. Porter’s Five Force Analysis of Digital Twin Market
       3.7. Digital Twin Market Attractiveness Analysis
           3.7.1 Market Attractive Analysis by Application
           3.7.2 Market Attractive Analysis by End User
           3.7.3 Market Attractive Analysis by Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Digital Twin Value Chain Analysis
       4.2. Digital Twin Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Digital Twin Raw Material Manufactures List
           4.2.3. Price Trend of Digital Twin Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . GLOBAL DIGITAL TWIN MARKET ANALYSIS BY APPLICATION
       5.1 Overview by Application
       5.2 Global Digital Twin Market Analysis by Application
       5.3 Market Analysis of Product Design and Development by Regions
       5.4 Market Analysis of Machine and Equipment Health Monitoring by Regions
       5.5 Market Analysis of Predictive Maintenance by Regions
       5.6 Market Analysis of Dynamic Optimization by Regions
 
6 . GLOBAL DIGITAL TWIN MARKET ANALYSIS BY END USER
       6.1 Overview by End User
       6.2 Global Digital Twin Market Analysis by End User
       6.3 Market Analysis of Aerospace and Defense by Regions
       6.4 Market Analysis of Automotive and Transportation by Regions
       6.5 Market Analysis of Home and Commercial by Regions
       6.6 Market Analysis of Electronics & Electrical/Machine Manufacturing by Regions
       6.7 Market Analysis of Healthcare by Regions
       6.8 Market Analysis of Energy and Utilities by Regions
       6.9 Market Analysis of Retail and Consumer Goods by Regions
       6.10. Market Analysis of Others by Regions
 
7 . GLOBAL DIGITAL TWIN MARKET ANALYSIS BY GEOGRAPHY
       7.1. Regional Outlook
       7.2. Introduction
       7.3. North America
           7.3.1. Overview
           7.3.2. North America Digital Twin Market Estimate by Market Segment
           7.3.3. North America Digital Twin Market Estimate by Country
           7.3.4. United State
           7.3.5. Rest of North America
       7.4. Europe
           7.4.1. Overview
           7.4.2. Europe Digital Twin Market Estimate by Market Segment
           7.4.3. Europe Digital Twin Market Estimate by Country
           7.4.4. United Kingdom
           7.4.5. France
           7.4.6. Germany
           7.4.7 Rest of Europe
       7.5. Asia Pacific
           7.5.1. Overview
           7.5.2. Asia Pacific Digital Twin Market Estimate by Market Segment
           7.5.3. Asia Pacific Digital Twin Market Estimate by Country
           7.5.4. China
           7.5.5. Japan
           7.5.6. India
           7.5.7. Rest of Asia Pacific
       7.6. Latin America
           7.6.1. Overview
           7.6.2. Latin America Digital Twin Market Estimate by Market Segment
           7.6.3. Latin America Digital Twin Market Estimate by Country
           7.6.4. Brazil
           7.6.5. Rest of Latin America
       7.7. Middle East & Africa
           7.7.1. Overview
           7.7.2. Middle East & Africa Digital Twin Market Estimate by Market Segment
           7.7.3. Middle East & Africa Digital Twin Market Estimate by Country
           7.7.4. Middle East
           7.7.5. Africa
 
8 . COMPETITIVE LANDSCAPE OF THE DIGITAL TWIN COMPANIES
       8.1. Digital Twin Market Competition
       8.2. Partnership/Collaboration/Agreement
       8.3. Merger And Acquisitions
       8.4. New Product Launch
       8.5. Other Developments
 
9 . COMPANY PROFILES OF DIGITAL TWIN INDUSTRY
       9.1. Company Share Analysis
       9.2. Market Concentration Rate
       9.3. IBM Corporation
           9.3.1. Company Overview
           9.3.2. Financials
           9.3.3. Products
           9.3.4. Recent Developments
       9.4. Microsoft Corporation
           9.4.1. Company Overview
           9.4.2. Financials
           9.4.3. Products
           9.4.4. Recent Developments
       9.5. Oracle Corporation
           9.5.1. Company Overview
           9.5.2. Financials
           9.5.3. Products
           9.5.4. Recent Developments
       9.6. PTC Inc.
           9.6.1. Company Overview
           9.6.2. Financials
           9.6.3. Products
           9.6.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
 LIST OF TABLES
 

  •  Global Digital Twin Market Snapshot
  •  Drivers of The Global Digital Twin Market Impact Analysis
  •  Restraints of The Global Digital Twin Market Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  Global Digital Twin Market Analysis by Application (USD MN)
  •  Global Digital Twin Market Analysis in Product Design and Development by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Machine and Equipment Health Monitoring by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Predictive Maintenance by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Dynamic Optimization by Geography (USD MN)
  •  Global Digital Twin Market Analysis by End User (USD MN)
  •  Global Digital Twin Market Analysis in Aerospace and Defense by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Automotive and Transportation by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Home and Commercial by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Electronics & Electrical/Machine Manufacturing by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Healthcare by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Energy and Utilities by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Retail and Consumer Goods by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Others by Geography (USD MN)
  •  Global Digital Twin Market by Geography (USD MN)
  •  North America Digital Twin Market Analysis by Application (USD MN)
  •  North America Digital Twin Market Estimate by End User (USD MN)
  •  North America Digital Twin Market Estimate by Country (USD MN)
  •  United State Digital Twin Market Analysis by Application (USD MN)
  •  United State Digital Twin Market Estimate by End User (USD MN)
  •  Rest of North America Digital Twin Market Analysis by Application (USD MN)
  •  Rest of North America Digital Twin Market Estimate by End User (USD MN)
  •  Europe Digital Twin Market Analysis by Application (USD MN)
  •  Europe Digital Twin Market Estimate by End User (USD MN)
  •  United Kingdom Digital Twin Market Analysis by Application (USD MN)
  •  United Kingdom Digital Twin Market Estimate by End User (USD MN)
  •  France Digital Twin Market Analysis by Application (USD MN)
  •  France Digital Twin Market Estimate by End User (USD MN)
  •  Germany Digital Twin Market Analysis by Application (USD MN)
  •  Germany Digital Twin Market Estimate by End User (USD MN)
  •  Rest of Europe Digital Twin Market Analysis by Application (USD MN)
  •  Rest of Europe Digital Twin Market Estimate by End User (USD MN)
  •  Asia Pacific Digital Twin Market Analysis by Application (USD MN)
  •  Asia Pacific Digital Twin Market Estimate by End User (USD MN)
  •  Asia Pacific Digital Twin Market Estimate by Country (USD MN)
  •  China Digital Twin Market Analysis by Application (USD MN)
  •  China Digital Twin Market Estimate by End User (USD MN)
  •  Japan Digital Twin Market Analysis by Application (USD MN)
  •  Japan Digital Twin Market Estimate by End User (USD MN)
  •  India Digital Twin Market Analysis by Application (USD MN)
  •  India Digital Twin Market Estimate by End User (USD MN)
  •  Rest of Asia Pacific Digital Twin Market Analysis by Application (USD MN)
  •  Rest of Asia Pacific Digital Twin Market Estimate by End User (USD MN)
  •  Latin America Digital Twin Market Analysis by Application (USD MN)
  •  Latin America Digital Twin Market Estimate by End User (USD MN)
  •  Latin America Digital Twin Market Estimate by Country (USD MN)
  •  Brazil Digital Twin Market Analysis by Application (USD MN)
  •  Brazil Digital Twin Market Estimate by End User (USD MN)
  •  Rest of Latin America Digital Twin Market Analysis by Application (USD MN)
  •  Rest of Latin America Digital Twin Market Estimate by End User (USD MN)
  •  Middle East & Africa Digital Twin Market Analysis by Application (USD MN)
  •  Middle East & Africa Digital Twin Market Estimate by End User (USD MN)
  •  Middle East & Africa Digital Twin Market Estimate by Country (USD MN)
  •  Middle East Digital Twin Market Analysis by Application (USD MN)
  •  Middle East Digital Twin Market Estimate by End User (USD MN)
  •  Africa Digital Twin Market Analysis by Application (USD MN)
  •  Africa Digital Twin Market Estimate by End User (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
  •  New Product Launch
  •  Other Developments
  •  Company Market Share Analysis, 2019
 
 LIST OF FIGURES
 
  •  Research Scope of Digital Twin Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Digital Twin Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by End User
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Digital Twin Market Analysis by Application (USD MN)
  •  Global Digital Twin Market Analysis in Product Design and Development by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Machine and Equipment Health Monitoring by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Predictive Maintenance by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Dynamic Optimization by Geography (USD MN)
  •  Global Digital Twin Market Analysis by End User (USD MN)
  •  Global Digital Twin Market Analysis in Aerospace and Defense by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Automotive and Transportation by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Home and Commercial by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Electronics & Electrical/Machine Manufacturing by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Healthcare by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Energy and Utilities by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Retail and Consumer Goods by Geography (USD MN)
  •  Global Digital Twin Market Analysis in Others by Geography (USD MN)
  •  Latin America Digital Twin Market by Revenue
  •  Middle East & Africa Digital Twin Market by Revenue
  •  Recent Development in Digital Twin Industry
  •  Company Market Share Analysis, 2019
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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