Industry 4 0 Market

Press Release Global Industry 4.0 Market 2020 Status and Outlook, Industry Growth Rate, Opportunities and Challenges to 2025 Published: Sept. 21, 2020 at 2:08 p.m. ET

Industry 4 0 market. Global Industry 4.0 Market: Regional Outlook. The global market for industry 4.0 has been categorized on the basis of geography into the Middle East and Africa, Latin America, Europe, North America, and Asia Pacific. Previously, North America led the global industry 4.0 market and is estimated to remain in the top position over the next few years. Industry 4.0 is neither a new form of technology, nor a business ideal, but in fact a revamped approach inspired by new advancements to achieve results that weren't possible 10 years ago. Global industry 4.0 market is set to witness a growing healthy CAGR of 15.35% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. According to latest market research report "Industry 4.0 Market by Technology (IoT, Artificial Intelligence, Industrial Metrology, Industrial Robotics, AR & VR, Blockchain, 3D Printing, Digital Twin, and 5G – Offering, Application, and End Users) and Geography- Global Forecast to 2024", is estimated to be valued USD 71.7 billion in 2019 and is expected to reach USD 156.6 billion by 2024, at.

Global industry 4.0 market was valued at around USD 66.10 billion in 2017 and is expected to reach approximately USD 155.30 billion by 2024, growing at a CAGR of slightly above 14.9% between 2018 and 2024. Industry 4.0 is a term often used to refer to the developmental process in the management of manufacturing and chain production. The term also refers to the fourth industrial revolution. The term Industry 4.0 was first publicly introduced in 2011 as “Industrie 4.0” by a group of representatives from different fields (such as business, politics, and academia) under an initiative to enhance. The Industry 4.0 market is poised to grow significantly in the coming years. The increasing adoption of the IoT in the digital transformation of manufacturing and related industries, the rise of industrial robotics and the proportionally higher spend in the Industrial Internet of Things are just some contributing factors.. The Industry 4.0 technology market is forecasted to reach $152.31. Adopting Industry 4.0. Companies face formidable challenges in the adoption of these new technologies. To build and sustain a lead in the race to full implementation, they need to broaden and deepen their practical knowledge about digital technologies and the related use cases—and then develop and implement tailored digital manufacturing strategies.

The Industry 4.0 market race is led by the global tech giants (see Figure 3) that invest billions of dollars in Industry 4.0 products R&D, M&A, commercialization and internal use. Research Nester has released a report titled “Industry 4.0 Market – Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the industry 4.0 market in terms of market segmentation by technology, by vertical, and by region.. Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market. Industry 4.0 Market Size And Forecast. Industry 4.0 Market was valued at USD 100.39 Billion in 2019 and is projected to reach USD 254.9 Billion by 2027, growing at a CAGR of 14.59% from 2020 to 2027.. The Global Industry 4.0 Market report provides a holistic evaluation of the market for the forecast period. About the 2019 BDO Middle Market Industry 4.0 Benchmarking Survey The 2019 BDO Middle Market Industry 4.0 Benchmarking Survey was conducted by Market Measurement, Inc., an independent market research consulting firm. The survey included 230 executives at U.S. manufacturing companies with annual revenues between $200 million and $3 billion, and was conducted in November and December of 2018.

The industry 4.0 market forecast and growth rate are achieved by applying the time series forecasting methodology on the various factors. The market forecast and growth rate are further backed with historical trends of the market along with a regressive mathematical model that assesses the value based on factors such as capital expenditure. LONDON, June 5, 2017 /PRNewswire/ -- Highlights · Industry 4.0 market is expected to grow at a CAGR of 14.72% between 2017 and 2022 · The overall Industry 4.0 market was valued at USD 66.67. The global market for industry 4.0 will grow from nearly $7.7 billion in 2018 to $21.7 billion by 2023, with a compound annual growth rate (CAGR) of 23.1% for the period of 2018-2023. The Industry 4.0 market is valued at USD 13.9 billion in 2019 and is expected to reach USD 2493 billion by 2025, with a CAGR of 13.8% from 2019 to 2025.

Industry 4.0 Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2026. Latest Industry 4.0 Market report published by Value. The “Industry 4.0 Market and Technologies 2018-2023 – Focus on Europe” 4-volume report is the most comprehensive (granulated into 58 submarkets) and data driven market research available today regarding the European Industry 4.0 market. Currently, the global industry 4.0 market is led by the top ten market players holding nearly two-thirds of the industry 4.0 market share. These key players are actively spending in the research & development of i4.0 technologies, product portfolio up-gradation, adopting innovative automation platforms, strategic partnerships, and acquisitions. The discussion of how the shift to Industry 4.0, especially digitization, will affect the labour market is being discussed in Germany under the topic of Work 4.0. The characteristics given for the German government's Industry 4.0 strategy are: the strong customization of products under the conditions of highly flexible (mass-) production.

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