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Industry 4.0 Market

Rising adoption of the internet globally in manufacturing units and the increasing focus on enhancing the efficiency of systems and machinery, along with reducing production costs, are the major drives boosting the growth of the industry 4.0 market size.

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Industry 4.0 Market

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  1. Industry 4.0 Market Industry 4.0 Market By Technology (IoT, Artificial Intelligence, Metrology, Industrial Robotics, AR & VR, Blockchain, 3D Printing, Digital Twin, and 5G- Offering, Application, and End Users), By Region- Global Opportunities and Forecast, 2020-2027 Industrial GMI Research GMI Research See the Future Insights 1

  2. The market mainly elaborates the definitions, classifications, market overview, and the industry chain analysis. The report also covers market size, share, trends, and growth analysis on the basis of different parameters. It profoundly displays the current market investigation situation and the upcoming situation in the coming years. Key Drivers of the Industry 4.0 Market: Rising adoption of the internet globally in manufacturing units and the increasing focus on enhancing the efficiency of systems and machinery, along with reducing production costs, are the major drives boosting the growth of the industry 4.0 market size. Additionally, the increasing demand for industrial automation, coupled with industrial robotics, will further surge the Industry 4.0 market's growth. Growing government expenditure on digitalization is fuelling the demand for the industry 4.0 market. Rising adoption of the Internet of Things (IoT) and the development of 3D printing technology are projected to improve supply chain management and manufacturing, which will propel the growth of the market in the upcoming years. Several key players are encouraging IoT and industry 4.0 concepts to create smarter factories as it helps to meet the individual customer demand at a low cost. Furthermore, numerous companies are adopting industry 4.0 to improve the production efficiency and quality of the product. Industry 4.0 provides remarkable specialization such as rising automation, enhancing communication and monitoring, as well as offers smart machines that can analyze and detect issues without the requirement for human intervention. On the other hand, the high capital investment and lack of skilled workforce will hamper the growth of the industry 4.0 market. Top list of key players in the Industry 4.0 Market: •ABB Group •Mitsubishi Corporation •Siemens AG •Denso Corporation •IBM Corporation •Google LLC 2

  3. •Cisco Systems •Honeywell International Inc. •Microsoft Corporation •Kuka AG •Intel Corporation •SAP SE •General Electric Segmentation of the Industry 4.0 Market: The report covers all the regions and countries of the world, which shows a regional development status, including the market size, volume, and value, as well as price data. Besides, the report also covers various segment data of the market. Breakup by Technology: •3D Printing o By Offering ▪ 3D Printing Material ▪ 3D Printers ▪ Software o By Application ▪ Prototyping ▪ Tooling ▪ Functional Part Manufacturing o By End-User Industry ▪ Energy & Power ▪ Automotive ▪ Electronics ▪ Aerospace & Defense ▪ Healthcare ▪ Foundry •Industrial Robotics o By Offering 3

  4. ▪ Collaborative Industrial Robots ▪ Articulated Robot ▪ Cylindrical Robots ▪ Scara Robots ▪ Parallel Robots ▪ Cartesian Robots ▪ Others o By Application ▪ Handling ▪ Welding & Soldering ▪ Assembling & Disassembling ▪ Dispensing ▪ Processing o By End-User Industry ▪ Automotive ▪ Chemicals ▪ Pharmaceuticals ▪ Food & Beverages ▪ Semiconductor ▪ Manufacturing ▪ Pharmaceuticals & Cosmetics ▪ Aerospace & Defense •Blockchain o By Application ▪ Predictive Maintenance ▪ Asset Tracking and Management ▪ Business Process Optimization ▪ Logistics and Supply Chain Management ▪ Real-Time Workforce Tracking and Management ▪ Quality Control and Compliance ▪ Counterfeit Management o By End-User Industry ▪ Energy & Power 4

  5. ▪ Pharmaceuticals ▪ Food & Beverages ▪ Automotive ▪ Aerospace & Defense ▪ Manufacturing •Internet of Things (IoT) o By Offering ▪ Sensors ▪ Nodes ▪ Actuators ▪ Gateways o By End-User ▪ Automotive ▪ Electronics ▪ Oil & Gas ▪ Energy & Power ▪ Chemicals ▪ Pharmaceuticals ▪ Food & Beverages ▪ Manufacturing •Artificial Intelligence (AI) o By Offering ▪ Processors/Hardware ▪ Software o By Application ▪ Predictive Maintenance & Machinery Inspection ▪ Material Movement ▪ Production Planning ▪ Field Services ▪ Reclamation ▪ Quality Control ▪ Energy & Power ▪ Pharmaceuticals 5

  6. ▪ Food & Beverages ▪ Automotive ▪ Electronics ▪ Aerospace & Defense ▪ Healthcare •Industrial Metrology o By Offering ▪ CMM ▪ ODS ▪ Software o By Application ▪ Quality Control & Inspection ▪ Reverse Engineering ▪ Mapping & Modeling ▪ By End-User ▪ Automotive ▪ Semiconductor ▪ Aerospace & Defense ▪Manufacturing •Digital Twin o By Type ▪ Product Digital Twin ▪ Process Digital Twin ▪ System Digital Twin o By End-User ▪ Energy & Utilities ▪ Oil & Gas ▪ Automotive ▪ Aerospace & Defense ▪ Healthcare ▪ Home & Commercial •Augmented Reality & Virtual Reality o By Offering 6

  7. ▪ Sensors ▪ Cameras ▪ Software o By End-User ▪ Energy & Power ▪ Automotive ▪ Aerospace & Defense ▪ Healthcare ▪ Electronics •5G Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research: 7

  8. GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 8

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