Press Releases
 
Attractive Market Opportunities in the Industry 4.0 Market

Industry 4.0 Market Size, Growth, Trend and Forecast to 2022 | MarketsandMarkets

United States, 10 January 2019 -- Industry 4.0 Market research report categorizes by Technology (Industrial Robotics, Cyber Security, Internet of Things, 3D Printing, Advanced Human-Machine Interface, Big Data, Augmented Reality & Virtual Reality, Artificial Intelligence)

According to the MarketsandMarkets forecast, the Industry 4.0 market was valued at USD 66.67 billion in 2016 and is expected to reach USD 152.31 billion by 2022, at a CAGR of 14.72% between 2017 and 2022. The increasing adoption of the industrial Internet and increased focus on efficiency and cost of production play a significant role in the growth of the Industry market.

This report segments the Industry 4.0 market based on technology, vertical, and region. On the basis of technology, the market has been segmented into industrial robotics, cyber security, Internet of Things, 3D printing, advanced human–machine interface, big data, augmented reality & virtual reality, and artificial intelligence. Industrial robotics form an important part of implementing Industry 4.0, as they improve productivity, reduce chances of human errors, and increase the production volume. The increasing use of industrial robotics in the automotive sector is also a major reason for this technology to have the largest market share in the market.

The Industry 4.0 market, on the basis of vertical, has been segmented into automotive, aerospace, industrial equipment, electrical & electronics equipment, healthcare, food & agriculture, chemicals & materials, oil & gas, and energy & power. The implementation of Industry 4.0 in the industrial equipment sector can help manufacturers in analyzing the machine conditions in advance to avoid unplanned downtime and wastage. Machine breakdown and unplanned downtime cause huge loss to industrial equipment manufacturers as they delay the production process. Thus, a need for preventive maintenance solutions is increasing significantly in this vertical. These advantages of Industry 4.0 solutions in the industrial equipment vertical have made it the fastest-growing sector during the forecast period.

Asia Pacific is expected to hold the largest share of the Industry 4.0 market during the forecast period. Governments of countries such as China, Japan, and India are promoting Industry 4.0 in their countries with initiatives such as Made in China 2025, Make in India, and Industrial Value Chain Initiative in Japan. Due to such favorable government policies, the APAC region is expected to grow at the highest rate during the forecast period. For instance, in October 2015, Infineon Technologies AG (Germany) announced the set-up of a smart factory in Wuxi (China) to accelerate the Made in China initiative in the country. Infineon is investing around USD 300 million for building a smart factory that primarily focuses on manufacturing of smart devices and IoT-based equipment.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=102536746

Key factors such as the lack of cost–benefit analysis and a shortage of skilled workforce are inhibiting the growth of this market. The companies covered in this report are General Electric Company (US), International Business Machines Corporation (US), Cisco Systems (US), Microsoft Corporation (US), Stratasys Ltd. (US), Alphabet Inc. (US), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Intel Corporation (US), Hewlett-Packard Enterprise Company (US), Siemens AG (Germany), Qualcomm Inc. (US), Samsung Electronics Co. Ltd. (South Korea), Texas Instruments Inc. (US), Rockwell Automation Inc. (US), 3D Systems Corporation (US), Cognex Corporation (US), Basler AG (Germany), Denso Group (Japan) and MAXST (South Korea). This report also includes major startups such as Arcadia Data Inc. (US), General Vision Inc. (US), Rethink Robotics Inc. (US), nGrain (Canada), and XJet (Israel).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441


# # #


Document Attached Image Attached Download file at: 60062
(Right click and save file to download.)

Submitted by stevestark002 on Thursday, 10 January 2019 at 7:56 PM
Category: Consumer Technology
 
Related News

Global and Regional Mobile Video Surveillance Industry - Growth Analysis and Forecast 2024
Wednesday, 20 Mar 2019

Automated 3D Printing Market Size, Growth, Trend and Forecast to 2023 | MarketsandMarkets
Wednesday, 20 Mar 2019

Smart Thermostat Market Projected to Reach a Value of US$ 3.4 Billion by 2023 and CAGR 20%
Tuesday, 19 Mar 2019

Network Packet Broker Market by Bandwidth (1 and 10 Gbps, 40 Gbps, 100 Gbps) - 2023 | MarketsandMark
Tuesday, 19 Mar 2019

Energy Harvesting BLE Switch from ON Semiconductor Featured in THE EDGE by Future Electronics
Tuesday, 19 Mar 2019

Related Events

Foam Expo North America Exhibition And Conference
Tuesday, 26 Mar 2019

Palo Alto Networks: Mejores practicas de ciberseguridad
Wednesday, 27 Mar 2019

Palo Alto Networks: MEEC UMBC 2019 Conference
Thursday, 28 Mar 2019

Gulf Information Security Expo and Conference (GISEC 2019)
Monday, 1 Apr 2019

Palo Alto Networks: R2 Traps Customer UTD
Tuesday, 2 Apr 2019

Latest News

Toronto Pool Supplies LED lights cuts expenses at Toronto Swimming Pool
Wednesday, 20 Mar 2019

Cooking Oils & Fats Market: Growing Demand for High Quality Edible Oils & Fats to Fuel Market
Wednesday, 20 Mar 2019

Online Purchasing Producing Your Life Easy
Wednesday, 20 Mar 2019

Yeast Extract & Beta Glucan Market: Substantially Rising Usage in Processed & Functional Food Produc
Wednesday, 20 Mar 2019

Witness an Exciting Photography Expedition in North Sichuan with Absolute Panda
Wednesday, 20 Mar 2019

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2019
Today is Wednesday, 20 March 2019

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • World Pharma Pricing and Market Access Congress 2019
  • Innate Killer Summit 2019
  • Credit Week 2019, London
  • Middle East Pharmaceutical Cold Chain Conference
  • ICO-IO Combinations Summit 2019

  • Latest Jobs
    Sorry, there are currently no entries posted here.