New York, NY, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Industry 4.0 Market By Technology, By End-User, And By Region: Global Industry Size, Share Current Trends, and Forecasts, 2020–2026”.
“According to the recent research report, the demand of global Industry 4.0 Market size & share expected to reach to USD 210 Billion by 2026 from USD 70 Billion in 2019, at a compound annual growth rate (CAGR) of 17% during the forecast period 2020 to 2026”
Global Industry 4.0 Market: Overview
Industry 4.0, also referred to as the fourth industrial revolution, is composed of robotic control, automation tools, and big data analytics that support efficient production and maneuver in any manufacturing sector. It not only augments the technology used but also enhances asset performance, material utilization, and other industrial procedures implicated in the industries. The global industry 4.0 market will witness remarkable growth in the coming years owing to the rising adoption for industrial automation, growing usage of robot technology, and an upsurge in government funding to promote digitalization. However, the installation of advanced robotic and data analytics technology needs huge initial investment along with a team of expert personnel, which are the two key factors hampering the market growth.
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Our Free Sample Report Includes:
- 2020 Updated Report Introduction, Overview, and In-depth industry analysis
- COVID-19 Pandemic Outbreak Impact Analysis Included
- 225+ Pages Research Report (Inclusion of Updated Research)
- Provide Chapter-wise guidance on Request
- 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of table & figures
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
- Facts and Factors research methodology
(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)
Industry Major Market Players
- General Electric
- AIBrain
- General Vision
- Microsoft
- Siemens
- Amazon Web Services
- Mitsubishi
- FANUC
- Cisco
- HP
- Yaskawa
- SAP
- KUKA
- Intel
- ABB
- Stratasys
- Ansys
- IBM
To know an additional revised list of 2020-2021 top market players, request a sample report: https://www.fnfresearch.com/sample/global-industry-40-market-by-technology-artificial-intelligence-963
Key questions answered in this report:
- What is the projected market size & growth rate of the Industry 4.0 Market?
- What are the key driving factors for the growth of the Industry 4.0 Market?
- What are the top companies operative in Industry 4.0 Market?
- What segments are covered in Industry 4.0 Market?
- How can I get free sample report/company profiles of the Industry 4.0 Market?
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Market Dynamics
By technology, IoT segment dominates the global industry 4.0 market during the study timeframe
IoT is gaining popularity among several manufacturing industries, as technology enhances the efficiency of industrial production processes. The industrial gears connected with wireless technology, sensors, and data processing equipment would help industries to optimize the production rate, determine equipment’s real-time state, locate possible malfunctioning within the equipment, and organize proximity schedules for servicing & repairing of gears. The rising trend for remotely handling the industrial manufacturing processes, especially under adverse conditions such as mining and submerged oil extraction sectors, is the leading factor for the growing adoption of IoT, which in turn propels the global industry 4.0 market.
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Global Digital Health Market: Report Scope
| Report Attribute | Details |
| Market Size 2019 Value | USD 70 Billion |
| Market Forecast for 2026 | USD 210 Billion |
| Expected CAGR Growth | CAGR 17% from 2020-2026 |
| Base Year | 2020 |
| Forecast Year | 2021-2026 |
| Top Market Players | General Electric, Google, AIBrain, General Vision, Microsoft, Siemens, Amazon Web Services, Mitsubishi and Others |
| Segments Covered | Technology, End-User, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Pricing Options | Request customized purchase options to meet your research needs. Explore purchase options |
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the global industry 4.0 sector. Key strategic developments in the global industry 4.0 market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the global industry 4.0 market are appropriately highlighted in the report.
Industry 4.0, also referred to as the fourth industrial revolution, is composed of robotic control, automation tools, and big data analytics that support efficient production and maneuver in any manufacturing sector. It not only augments the technology used but also enhances asset performance, material utilization, and other industrial procedures implicated in the industries. The global industry 4.0 market will witness remarkable growth in the coming years owing to the rising adoption for industrial automation, growing usage of robot technology, and an upsurge in government funding to promote digitalization. However, the installation of advanced robotic and data analytics technology needs huge initial investment along with a team of expert personnel, which are the two key factors hampering the market growth.
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Industry 4.0 Market: Regional Analysis
- The Asia Pacific region is witnessing remarkable growth for the industry 4.0 market during 2020–2026
The majority of the leading companies have established their manufacturing plants in the Asia Pacific region owing to the rapid technological advancement and relatively moderate investment for setting up a plant. China, South Korea, and Japan are the key countries within the region that are widely adopting robotics and wireless technology in production industries, thereby flourishing the Asia Pacific industry 4.0 market.
This report segments the global industry 4.0 market as follows:
Global Industry 4.0 Market: Technology Segmentation Analysis
- Artificial Intelligence
- 5G
- Internet of Things (IoT)
- Blockchain
- Augmented Reality & Virtual Reality
- 3D Printing
Global Industry 4.0 Market: End-User Segmentation Analysis
- Energy & Power
- Aerospace
- Logistics
- Automotive
- Others
Key Highlights of this Report:
- Statistically Validated Analysis of Historical, Current, and Projected Industry Trends with Authenticated Market Sizes Information and Data in terms of Value and Volume, wherever applicable
- Detailed List of Key Buyers and End-Users (Consumers) analyzed as per Regions and Applications
- Overview of Key Marketing Strategies and Key Sales Channels Adopted in the Market
- Market Attractiveness Analysis and Key Investment Opportunity Analysis in the Market going forward
- Direct and Indirect Factors that Impacted the Industry as well Projected Rationales expected to affect the industry going forward
- Historical and Projected Company / Vendor / OEM / Supplier Market Shares, Competitive Landscape, and Player Positioning Data
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