Global Industry 4.0 Market, By Technology (Industrial Robotics, Cyber Security, Internet of Things (IoT), 3D Printing, Advanced Human–Machine Interface (HMI), Big Data, Augmented Reality and Virtual Reality, Artificial Intelligence), Vertical (Automotive, Electrical and Electronics Equipment, Industrial Equipment, Aerospace, Chemical and Materials, Food and Agriculture, Oil and Gas, Energy and Power, Healthcare, Others), Component (Hardware, Software, Services), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The industry 4.0 market is expected to witness market growth at a rate of 18.80% in the forecast period of 2021 to 2028. Data Bridge Market Research report on industry 4.0 market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the adoption of industrial robots for cost-effective and enhanced quality production is escalating the growth of industry 4.0 market.
The fourth Industrial revolution is referred to as the ‘Industry 4.0’ is indicated as the automotive and digital rise in the technology. The development in the technology by combing all the main aspects and improvements of the accessible infrastructure is the ‘Industry 4.0’. Deep learning, artificial Intelligence, The Internet of Things, cloud computing, robotics, sensors, data analysis, data capturing, software-as-a-service, digital fabrication, and so forth all are incorporated in the technologies that can be cooperatively joined to establish Industry 4.0.
Major factors that are expected to boost the growth of the industry 4.0 market in the forecast period are the rise in the acceptance of the industrial internet around the world. Furthermore, the increase in the need for industrial robots is further anticipated to propel the growth of the industry 4.0 market. Also, the growing attention on the enhanced effectiveness and the decrease in the production expenses is further estimated to cushion the growth of the industry 4.0 market. On the other hand, the considerable amount of capital investments that is needed to upgrade the traditional systems and the dearth of cost-benefit analysis of industry 4.0 solutions is further projected to impede the growth of the industry 4.0 market in the timeline period.
In addition, the 3d printing to improve the production and supply chain management will further provide potential opportunities for the growth of the industry 4.0 market in the coming years. However, the dearth of standardization in the communication interfaces and protocols might further challenge the growth of the industry 4.0 market in the near future.
This industry 4.0 market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on optical satellite communication market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Industry 4.0 Market Scope and Market Size
The industry 4.0 market is segmented on the basis of technology, vertical and component. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the industry 4.0 market is segmented into industrial robotics, cyber security, internet of things (IoT), 3D printing, advanced human–machine interface (HMI), big data, augmented reality and virtual reality, artificial intelligence. Industrial robotics is further sub segmented into collaborative industrial robots, articulated robots, cylindrical robots, scara robots, parallel robots, cartesian robots and others.
- On the basis of vertical, the industry 4.0 market is segmented into automotive, electrical and electronics equipment, industrial equipment, aerospace, chemical and materials, food and agriculture, oil and gas, energy and power, healthcare, others.
- On the basis of component, the industry 4.0 market is segmented into hardware, software, services.
Industry 4.0 Market Country Level Analysis
The industry 4.0 market is analysed and market size, volume information is provided by country, technology, vertical and component as referenced above.
The countries covered in the industry 4.0 market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the industry 4.0 market due to the increase in the attention on the innovations. Furthermore, the technological advancement will further boost the growth of the industry 4.0 market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the industry 4.0 market due to the extensive measures to accept industrial automation. Moreover, the application of disruptive technologies is further anticipated to propel the growth of the industry 4.0 market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Industry 4.0 Market Share Analysis
The industry 4.0 market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to industry 4.0 market.
The major players covered in the industry 4.0 market report are Siemens, Cisco Systems Inc., SAP, Intelligent Automation Inc., Qualcomm Technologies Inc., NGRAIN (Canada) Corporation, Beijer Electronics, Mitsubishi Electric Corporation, Stratasys Ltd., Microsoft Corporation, General Electric Company, Zebra Technologies Corp., General Vision, Splunk Inc., Worldsensing, Interset, AIBrain Inc., Rockwell Automation, Hewlett Packard Enterprise Development LP, ABB, Facebook Technologies LLC., ExOne., SRI INTERNATIONAL, agenturetcetera, Advantech Co. Ltd., Oracle, SAMSUNG, Intel Corporation, Arcadia Data Inc., Sensory Inc., DENSO CORPORATION, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Industry 4.0 Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.