The global demand for Industry 4.0 Market is presumed to reach the valuation of nearly USD XX Mn by 2026 from USD XX in 2019 with a CAGR of XX% under the study period of 2020-2026.
Industry 4.0 is a name given to rising digital industrial technology. It’s a transformation that makes possible automation in the manufacturing industry. It includes gathering and analyzing data across machines, enabling faster, more flexible and efficient production process for higher quality goods at a cheaper rate. This manufacturing revolution is ultimately increasing productivity, shifting economics, foster industrial growth and modifying workforce profiles.
The increasing focus on efficiency and reducing cost of production is driving the market growth. The rising adoption of digital technology across the industry is again fuelling market growth. The growing adoption of automation for quality production is further fuelling market growth. However, the lack of cost-benefit analysis may hamper the market growth. Whereas, 3D printing and leveraging big data analytics for cyber security in manufacturing and supply chain management is likely to offer opportunity over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of industry 4.0.
The entire industry 4.0 market has been sub-categorized into technology and vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Industrial Robotics
- Internet of Things (IoT)
- 3D Printing
- Advanced Human–Machine Interface (HMI)
- Big Data
- Augmented Reality & Virtual Reality
- Artificial Intelligence
- Electrical & Electronics Equipment
- Industrial Equipment
- Chemical & Materials
- Food & Agriculture
- Oil & Gas
- Energy & Power
This section covers regional segmentation which accentuates on current and future demand for industry 4.0 market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Industry 4.0 Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the industry 4.0 market include ABB Ltd., Alphabet, Inc., Cisco Systems, Inc., General Electric Company, Hewlett Packard Enterprise Company, Intel Corporation., International Business Machines Corporation, Microsoft Corporation, Mitsubishi Electric Corp and Stratasys Ltd.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.