Industry 4.0 Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- November 2035
- 0 pages
Global Industry 4.0 Market: Synopsis
The global industry 4.0 market is prognosticated to be benefited with the swelling focus on production cost and efficiency and the surging adoption of industrial internet. With the increasing demand for efficiency, flexible, and faster production and the rise of digital business models, there could be scores of reliable prospects taking birth in the market. Moreover, the mounting popularity of smart factories could add to the growth of the market.
As per experienced researchers, the global industry 4.0 market could see a classification according to technology and application. By technology, industrial robotics is forecast to remain as a vital segment for market growth.
The report gives a comprehensive assessment account of the global industry 4.0 market, taking into consideration growth drivers and restraints, future market projects, competitive scenarios, and other crucial aspects.
Global Industry 4.0 Market: Trends and Opportunities
The world industry 4.0 market is anticipated to gain a sound momentum in its growth because of the support obtained from the digitalization and interconnection of various products and services. This growth driver of the market could make a contribution of another 2.0% to 3.0% to the annual revenue earned by ensuring strong competitiveness. Between 2017 and 2025, the market could also attain growth on the back of emerging disruptive digital business models. With the help of such models, customers could receive an additional value from businesses offering customized solutions.
The models are expected to be characterized by the telling rise of integrated data analysis assisting to fulfill customer requirements and the development of horizontal cooperation across the ecosystem. However, the world industry 4.0 market could be challenged by data security problems caused due to the integration of new systems and also their access points. Nevertheless, massive investments in industry 4.0 due to digital transition could create ample of opportunities in the market. In the next five years, investments in industry 4.0 solutions are predicted to secure a more than 50.0% share of planned capital investments.
Global Industry 4.0 Market: Geographical Analysis
The international industry 4.0 market is foreseen to witness stronger growth prospects birthing in Asia Pacific (APAC), which may help the region to grab a larger share in the coming years. Government initiatives such as Japan’s Industrial Value Chain Initiative, Make in India, and Made in China 2025 could be among the primary reasons for the market in Asia Pacific to hold a dominating position. Furthermore, APAC could register a higher CAGR growth during the forecast tenure 2017-2025 because of promising government policies.
In order to speed up the Made in China initiative in the country, the establishment of a smart factory in Wuxi, Jiangsu had been announced by Germany’s Infineon Technologies AG in October 2015. The company is expected to invest close to a US$300.0 mn for constructing a smart factory that chiefly concentrates on the manufacture of internet of things (IoT)-based equipment and smart devices.
Global Industry 4.0 Market: Key Players
The worldwide industry 4.0 market is projected to include powerful companies such as Alphabet Inc., ABB Ltd., Stratasys Ltd., General Electric Company, and International Business Machines Corporation. The market could showcase a highly competitive vendor landscape where giant firms are envisioned to have an upper hand at both the global and regional levels. Some of the key trends observed in the vendor landscape could include the rise of brand reinforcement, mergers and acquisitions, and innovations. Digital transformation on the part of gains in quality assurance, cost reduction, and operational efficiency is envisaged to compel companies to make heavy investments in employee training and technological advancement.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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