Information Technology & Telecommunication / Industry 4.0 Market- Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: GE, Microsoft, Stratasys, Oculus, ABB, Mitsubishi Electric, Intel, HPE, Siemens
Industry 4.0 Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: GE, Microsoft, Stratasys, Oculus, ABB, Mitsubishi Electric, Intel, HPE, Siemens
Acknowledging the kind of traction gained by this market,Industry Data Analytics recently published a study report asserts the global Industry 4.0 Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 21.5% during the review period (2022 to 2027)
Industry 4.0 Market Overview
The global coronavirus outbreak is projected to accelerate the adoption of Industry 4.0 and improve pandemic preparedness in the future. This is because, in the event of a pandemic, technology such as automation and robots can help reduce human dependence while also allowing the human workforce to protect itself from these risks. It also boosts production, preventing plant shutdowns during a crisis. With the introduction of Industry 4.0 in the manufacturing industry, numerous industrial facilities are adopting digital technologies to enhance, automate, and modernise the entire process, hence boosting the plants' performance metrics. Companies must quickly adapt their products and services to the digital world due to the progressive increase in the number of linked devices, as well as the massive expansion in the volume of data from field devices and the changing technology landscape.
Industry News and Updates:
Tata Elxsi partners with Tata Motors for unified connected vehicle platform development
Feb 17, 2020-Design and technology services firm Tata Elxsi on Monday announced partnership with group firm Tata Motors for developing a unified connected vehicle platform. The partnership will aid Tata Motors, which is in the process of offering connected vehicle feature as a key differentiator to most of its BS-VI range of passenger and commercial vehicles, the company said in a statement
What are the major Applications, Types, and Regions of the Industry 4.0 Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Industrial Robotics
Cyber Security
Internet of Things
3D Printing
Advanced Human–Machine Interface
Big Data
Augmented Reality & Virtual Reality
Artificial Intelligence
By Application, it is segmented into
Automotive
Aerospace
Industrial Equipment
Electrical & Electronics Equipment
Chemicals & Materials
Food & Agriculture
Oil & Gas
Energy & Power
Healthcare
Industry 4.0 Market Regional Analysis
In comparison to the United States, Japan, China, and Germany, India's manufacturing industry lags. Except for China, all of these countries have a significantly smaller demographic base than India. Given India's population and future aspirations, the country's manufacturing industry and workers must urgently be reformed and upskilled. As a result, the market offers that possibility, and it is likely to grow in the country over the next few years. Manufacturing has emerged as one of India's fastest-growing industries. The 'Make in India' programme establishes India as a worldwide manufacturing base and gives the Indian economy international prominence. By the end of 2020, India will have surpassed China as the world's fifth-largest manufacturing country. Furthermore, manufacturing behemoths such as GE, Siemens, HTC, Toshiba, and Boeing have established or are planning to establish manufacturing facilities in India.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Industry 4.0 Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 21.5% over the forecast period (2022-2027)
Yes, the report can be customized as per your needs
Key Takeaways from this Industry 4.0 Report
Evaluate Industry 4.0 market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Industry 4.0 market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand, and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
How do you conduct primary research interviews?
We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.
What if the report I want is not listed in the repository of your reports?
IndustryDataAnalytics has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.
What regions does this Industry 4.0 Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
