Digital Transformation in Industry 4.0: A Comprehensive Guide


Posted February 22, 2024 by Maximizepriya

Industry 4.0 Market was valued nearly US$ 82.64 Bn. in 2023. Global Industry 4.0 Market size is estimated to grow at a CAGR of 15.34% and is expected to reach at US$ 224.41 Bn. by 2029.
 
Industry 4.0 Market was valued nearly US$ 82.64 Bn. in 2023. Global Industry 4.0 Market size is estimated to grow at a CAGR of 15.34% and is expected to reach at US$ 224.41 Bn. by 2029.

Market Overview:

SMR provides the report for the Industry 4.0 Market market denotes several segments related to general business data and industry future examples with cautious assessment and examination. The researcher has used primary and secondary data with top-down and bottom-up approaches for forecasting the data for the estimated time period (2024-2030). This exploration methodology has been applied to examine the global Industry 4.0 Market request and these findings have been logically mentioned in this report.

Industry 4.0 Market Market Report Scope and Research Methodology

In the Industry 4.0 Market market report, the forecast period is considered from 2024 to 2030, and 2023 is a base year. The research includes a detailed analysis of the Industry 4.0 Market industry, as well as market segmentation. The report includes an analysis of historical market dynamics, which will assist clients in comparing past trends to current market scenarios, as well as the contributions of key players. The competitive situation offers an analysis of the several business growth plans implemented by the key players. The updates covered in this section deliver valuable judgments at the different stages while keeping up-to-date with the business and engaging stakeholders in the economic discussion. The competitive scenario characterizes press releases or news of the firms considered into M&A, agreement, collaboration, & partnership, new product launch & development, investment & funding, and award, recognition, & expansion.



Industry 4.0 Market Market Regional Insights

The different section on regional segmentation gives the regional aspects of the global Industry 4.0 Market Market. This chapter describes the regulatory landscape that is expected to impact the market. It highlights the political landscape in the market and forecasts its influence on the Industry 4.0 Market market globally. The presence and availability of global brands with the challenges they confront due to severe competition from local and domestic brands, the impact of domestic tariffs, and trade channels, are all taken into account. The Industry 4.0 Market report covers the five regions and their country-wise distribution are:

North America - (U.S., Canada, and Mexico)

Europe - (U.K., Germany, France, Spain, Italy, Sweden, CIS Countries, and Rest of Europe)

Asia Pacific - (China, India, Japan, South Korea, Australia, ASEAN, and Rest of APAC)

Middle East & Africa - (South Africa, GCC Countries, Nigeria, Egypt, and Rest of ME&A)

South America - (Brazil, Argentina, Colombia, and Rest of South America)



Industry 4.0 Market Market Segmentation:

By Technology

Industrial Robots
Blockchain
Industrial Sensors
Industrial 3D Printing
Machine Vision
HMI
AI in Manufacturing
Digital Twin
AGV’s
Machine Condition Monitoring

By Industry Vertical

Automotive
Electrical & Electronics Equipment
Aerospace
Oil & Gas
Others

Industry 4.0 Market Market Key players:

ABB
ADVANTECH
3D SYSTEMS
BASLER
CISCO SYSTEMS
COGNEX CORPORATION
DAIFUKU
EMERSON ELECTRIC
GENERAL ELECTRIC
HONEYWELL INTERNATIONAL
IBM
INTEL
JOHN BEAN TECHNOLOGIES CORPORATION
NVIDIA
SIEMENS
STRATASYS
TECHMAN ROBOT
UNIVERSAL ROBOTS
ADDVERB TECHNOLOGIES
AIBRAIN
ALGOLUX
BECKHOFF AUTOMATION
BIGCHAINDB GMBH
LOGILUBE
PRATITI TECHNOLOGIES
SCULPTEO
SIGFOX
About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

Contact Stellar Market Research

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Pinnac Memories Fl. No. 3, Kothrud,

Pune, Maharashtra, 411029

[email protected]

+91 9607365656
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Issued By maximizepriya
Country India
Categories Aerospace , Architecture
Tags industry40 digitaltransformation smartmanufacturing iot cyberphysicalsystems
Last Updated February 22, 2024