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Industry 4.0 Market

The global industry 4.0 market size is projected to USD 165.5 billion by 2026 from USD 73.9 billion in 2022 at a compound annual growth rate (CAGR) of 20.6% during the forecast period.

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Industry 4.0 Market

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  1. Industry 4.0 Market Size, Share, Industry Trends & Growth Drivers 2030 The global industry 4.0 market size is projected to USD 165.5 billion by 2026 from USD 73.9 billion in 2022 at a compound annual growth rate (CAGR) of 20.6% during the forecast period. It was observed that the growth rate was 39.12% from 2021 to 2022. AI in Manufacturing is expected to grow at a highest CAGR of 49.07%. The primary driving factor of the industry 4.0 market are increasing adoption of automated equipment and tools on manufacturing, warehouse, and factory floors, rising investment towards additive manufacturing, and emergence of digital technologies such as IoT, AI, ML, cloud services, 5G and many more, which in turn, is expected to create sizable demand for the industry 4.0 industry. Industry 4.0 Industry Ecosystem Different types of technologies together make up the industry 4.0 ecosystem; these include AI in Manufacturing, Industrial Sensors, Industrial Robots, Machine Vision, Human Machine Interface, Digital Twin, Machine Condition Monitoring, Industrial 3D Printing, and Automated Guided Vehicles. There has been an increased in demand for computers, monitors, and network peripherals, and other wireless connectivity solutions in last couple of years and it is proving to be a pivoting point for digital adoption in the industrial as well commercial sectors. Consumer are realizing the benefits of Industry 4.0 and thus its is witnessing an exponential industry 4.0 market growth. North America is projected to grow at highest rate in the industry 4.0 market Share North America is the fastest growing regions in this market due to the continuous technological advancements, financial support from governments in the region, and efforts to ensure real-time quality control and real-time visibility across the manufacturing sector. The US has a large industrial base featuring companies with high production capacity; it is thus expected to be the major contributor to the industry 4.0 market in North America. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102536746 Top Industry 4.0 Companies - Key Market Players The industry 4.0 players have implemented various types of organic as well as inorganic growth strategies, such as new product launches, and acquisitions to strengthen their offerings in the market. The major players in the industry 4.0 market are General Electric(US), Siemens (Germany), Honeywell International (US), ABB (Switzerland), Emerson Electric (US), 3D Systems (US), Advantech (Taiwan), Basler (Germany), Cisco Systems (US), Cognex Corporation (US), Daifuku (Japan), IBM (US), Intel (US), John Bean Technologies Corporation (US), Nvidia (US), Stratasys (Israel), Techman Robot (Taiwan), Universal Robots (Denmark), Addverb Technologies (India), AIBrain (US), Algolux (Canada), Beckhoff Automation (Germany), BigchainDB GmbH (Germany), LogiLube (US), Pratiti Technologies (India), Sculpteo (France), Sigfox(France) About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25

  2. trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem.Our insights and strategies are molded by our industry experts, cutting-edge AI- powered Market Intelligence Cloud, and years of research.The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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