Global Industry 4.0 Market is accounted for $83.83 billion in 2020 and is expected to reach $334.83 billion by 2028 growing at a CAGR of 18.9% during the forecast period. Rising adoption of industrial robots for cost-effective and enhanced quality production, growing demand for industrial robots, and increasing adoption of the industrial internet worldwide are driving the market growth.
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By geography, Asia Pacific is going to have high growth during the forecast period due to the continuous technological advancements, financial support from the governments, exhaustive measures to adopt industrial automation and implement disruptive technologies in their manufacturing system value chain.
Some of the key players profiled in the Industry 4.0 Market include Yaskawa, Stratasys, AIBrain, Google, Mitsubishi, Amazon Web Services, KUKA, Intel, General Vision, HP, General Electric, FANUC, Cisco, Ansys, IBM, Microsoft, ABB, Siemens and SAP.
Software’s Covered in Industry 4.0 Market
• Operations Performance Management
• Field Service Management
• Asset Performance Managements
Technologies Covered:
• Industrial Robotics & Smart Controllers
• 5G
• Internet of Things
• Additive Manufacturing (3D Printing)
• Artificial Intelligence
• Digital Twin
• Blockchain
• Industrial Metrology
• Augmented Reality & Virtual Reality
• Smart Factory
• Machine Learning
• Location Detection Technology
• Industrial Automation
• Horizontal and Vertical System Integration
• Cybersecurity & Cloud Computing
• Big Data and Analytics
• Advanced Human Machine Interface (HMI)
• Simulation
Components Covered:
• Networking Components (Gateway & Routers)
• Processors
• Battery Management
• Memory
• Device and Equipment
• Radio Frequency Identification (RFID)
• Control Systems
• Yield Monitors
• Robotics & Drones
• Camera Systems
• Sensors & Actuators
• Display & Monitors
Connectivity’s Covered:
• Wireless Technologies
• Wired Technologies
• Cellular Technologies
Platforms Covered:
• Cloud
• Hybrid
• On-Premise
End Users Covered:
• Transportation
• Pharmaceuticals & Cosmetics
• Oil & Gas
• Manufacturing
• Logistics
• Home & Commercial
• Agriculture
• Foundry
• Food & Beverages
• Energy & Power
• Automotive
• Consumer Goods
• Healthcare
• Aerospace & Defense
• Chemicals
• Electronics & Semiconductor
• Construction
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