Industry 4.0 Market Segments, Size, Emerging Growth Factors, Top Key Players and Business Opportunities till 2027 | Impact of COVID-19
Description:
Industry
4.0 Market, By Technology (Cloud computing, IoT platforms, Big data Analytics,
Smart sensors), By Application (Industrial Automation, Smart Factory,
Industrial IoT)), By End-User (Industrial manufacturing, Oil & gas, Construction,
Electronics, Automotive, Chemical) - Forecast 2022
Covid 19 Analysis on Industry 4.0 Market - Overview
The trend itself, turned out to be one of the
most highly growing market covering each and every sector in it. Industry 4.0
refers to fourth industrial revolution. The most widely adopted trend in the
fourth revolution is the rise in the new digital industry technology like
automation. The industry 4.0 mostly covers the manufacturing enterprises trying
to adopt the technology of automation for more efficient and smart
manufacturing, producing quality products. The industrial revolution started
from mechanization, like in oil rigs, water power and steam power, to second
industrial revolution, including the assembly line and mass production, to the
third industrial revolution, including computer and automation and the fourth
industrial revolution to physical cyber systems.
Certain factors like advancement in robotics
and artificial intelligence, sensors, cloud computing, data analytics and software
as a service are some of the factors that drive the growth of the Covid 19
Analysis on Industry 4.0 Market. Another factor actors contributing to the
growth of the market are evolution of cloud computing technologies,
technological advancements in electronics industry, implementation of smart
factory concept & factory automation technologies and government
initiatives by different countries across the globe, majorly in Asia Pacific
and Europe.
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Key Players
The prominent players in the Covid 19 Analysis
on Industry 4.0 Market are – Bosch Rexroth AG (Germany), Maschinenfabrik
Reinhausen GmbH (Germany), SAS (U.S.), Siemens AG (Germany), Wittenstein AG
(Germany), General Electric Company (U.S.), Daimler AG (Germany), Klöckner
& Co. SE (Germany), TRUMPF GmbH (Germany), Festo AG & Co. KG (Germany),
Wittenstein AG (Germany) among others.
Industry 4.0 Global Market -
Segmentation
·
Segmentation by Technology: Cloud Computing, IOT platform, Augmented reality, Location detection
technology, advanced human machine interfaces, big data analytics, smart
sensors, 3D printers, mobile devices..
·
Segmentation by Application: Industrial Automation, smart factory, industrial internet of things
(IIoT).
·
Segmentation by End users: Industrial manufacturing, Oil & gas, Construction, Aerospace &
defence, Electronics, Automotive, Transportation, Chemical, Pharmaceuticals,
Mining & metals, Food & beverages.
Industry 4.0 Global Market -
Regional Analysis
The geographical analysis of the Industry 4.0
market covers regions like North America, Europe, Asia Pacific and the rest of
the world. Among these regions, the Europe is the dominating region with most
of the automotive, and aerospace industry present across this regions. And with
the impact of industry 4.0 on Aerospace & defence, the companies are going
to be affected in a positive way and therefore many enterprises can capture the
market in smart manufacturing and industrial automation. Countries like in
Japan and Germany are the farthest along in digitizing internal operations and
partnering across the horizontal value chain owing to the high investments in
technology and employee training. However, Asia Pacific is one of the highest
growing regions with China, as one of the countries that stand to gain the most
from automating and digitizing, and labour-intensive manufacturing processes.
In addition, Chinese companies are highly flexible and are open to digital
change, and the Chinese workforce is embracing digital technologies.
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TABLE OF CONTENTS
LIST OF FIGURES
Figure 1
Research Network Solution
Figure 2
Industry 4.0 Market: By Technology (%)
Figure 3
Industry 4.0 Market: By Application (%)
Figure 4
Industry 4.0 Market: By End-User (%)
Figure 5
Industry 4.0 Market: By Region
Figure 6
North America Industry 4.0 Market, By Technology (%)
Figure 7
North America Industry 4.0 Market, By Application (%)
Figure 8
North America Industry 4.0 Market, By End-User (%)
Figure 9
Europe Industry 4.0 Market, By Technology (%)
Figure10
Europe Industry 4.0 Market, By Application (%)
Figure
11 Europe Industry 4.0 Market, By End-User (%)
Figure
12 Asia-Pacific Industry 4.0 Market, By Technology (%)
Figure
13 Asia-Pacific Industry 4.0 Market, By Application (%)
Figure
14 Asia-Pacific Industry 4.0 Market, By End-User (%)
Figure
15 Row Industry 4.0 Market, By Technology (%)
Continued…
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