Industry 4.0 Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global Industry 4.0 market is experiencing a significant surge, propelled by the increasing adoption of industrial robots and the robust growth of additive manufacturing and 3D printing industries. Industry 4.0, characterized by the integration of advanced technologies like artificial intelligence (AI), Internet of Things (IoT), and industrial automation, is reshaping the manufacturing landscape worldwide.

Industrial Robotics on the Rise:

Industrial robots are becoming more prevalent in manufacturing hubs globally due to rapid technological advancements and cost-effectiveness. With industrialization on the rise and manufacturing industries expanding, the demand for industrial robots is expected to have a profound impact on the Industry 4.0 market in the foreseeable future.

Additive Manufacturing Driving Growth:

The additive manufacturing and 3D printing industries are experiencing robust growth, driven by various applications, including the production of ventilator valves during the COVID-19 pandemic. The integration of AI and IoT in the new Phantom Edge technology is further bolstering growth prospects for Industry 4.0 players across industries such as retail, healthcare, agriculture, and mobility.

Challenges for Start-ups:

Although industrial robots offer benefits such as increased efficiency and reduced downtime, high implementation costs remain a challenge for start-up companies. With individual robots costing upwards of US$20,000, start-ups may find it financially unfeasible, hindering their entry into the Industry 4.0 market.

COVID-19 Impact:

The COVID-19 pandemic initially led to a decline in the Industry 4.0 market. However, the crisis accelerated the adoption of Industry 4.0 solutions in manufacturing workflows, resulting in increased efficiency and output. This positive impact is expected to drive further growth in the market.

North America Leads the Way:

North America is anticipated to be a frontrunner in the Industry 4.0 market, owing to the significant presence of industry players, government initiatives, and investments in smart manufacturing solutions. Europe follows closely behind, while the Asia Pacific region, led by manufacturing powerhouses like India, Japan, South Korea, and China, is expected to register notable growth.

Competitive Landscape:

Major players in the Industry 4.0 market include General Electric, Siemens, Honeywell International, ABB Ltd., Emerson Electric, 3D Systems, Advantech, Cisco Systems, Cognex Corporation, IBM, Intel, and Nvidia, among others. These players are actively involved in new product launches, partnerships, collaborations, acquisitions, and alliances to maintain a competitive edge.

Notable Developments:

Several key developments have shaped the Industry 4.0 market, including Cisco Systems' acquisition of BabbleLabs Technology to enhance video meeting experiences, Ansys Inc.'s partnership with LG Electronics to develop a virtual learning portal, and ABB Ltd.'s collaboration with Nestle to install monitoring software in confectionery factories. Additionally, Nokia Corporation collaborated with WEG Industries to advance the Nokia Digital Automation Cloud (DAC) and unveil an Industry 4.0 solution. Furthermore, IBM's acquisition of Sentaca is expected to accelerate its hybrid cloud consulting business.

The global Industry 4.0 market continues to evolve, with cutting-edge technologies and strategic partnerships driving its growth and development. The future promises further innovation and efficiency in the manufacturing landscape.

1. Executive Summary

1.1. Global Industry 4.0 Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
  - 2.2.1.1. Driver A
  - 2.2.1.2. Driver B
  - 2.2.1.3. Driver C
- 2.2.2. Restraints
  - 2.2.2.1. Restraint 1
  - 2.2.2.2. Restraint 2
- 2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. Covid-19 Impact Analysis
- 2.5.1. Pre-Covid and Post-Covid Scenario
- 2.5.2. Supply Impact
- 2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE

3. Global Industry 4.0 Market Outlook, 2018 - 2030

3.1. Global Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018 - 2030
- 3.1.1. Key Highlights
  - 3.1.1.1. Internet of Things (IoT)
  - 3.1.1.2. AR/VR Systems
  - 3.1.1.3. 3D Printing
  - 3.1.1.4. Blockchain
  - 3.1.1.5. Digital Twin
  - 3.1.1.6. Extended Reality
  - 3.1.1.7. Advanced Robotics
  - 3.1.1.8. Misc.
3.2. Global Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 3.2.1. Key Highlights
  - 3.2.1.1. Large Enterprises
  - 3.2.1.2. SMEs
3.3. Global Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018 - 2030
- 3.3.1. Key Highlights
  - 3.3.1.1. Energy & Utilities
  - 3.3.1.2. Industrial Manufacturing
  - 3.3.1.3. Oil & Gas
  - 3.3.1.4. Aerospace and Defence
  - 3.3.1.5. Automotive
  - 3.3.1.6. Electronics
  - 3.3.1.7. Consumer Goods
  - 3.3.1.8. Food & Beverage
  - 3.3.1.9. Misc.
- 3.3.2. BPS/Market Attractiveness Analysis
3.4. Global Industry 4.0 Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa
- 3.4.2. BPS/Market Attractiveness Analysis

4. North America Industry 4.0 Market Outlook, 2018 - 2030

4.1. North America Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018 - 2030
- 4.1.1. Key Highlights
  - 4.1.1.1. Internet of Things (IoT)
  - 4.1.1.2. AR/VR Systems
  - 4.1.1.3. 3D Printing
  - 4.1.1.4. Blockchain
  - 4.1.1.5. Digital Twin
  - 4.1.1.6. Extended Reality
  - 4.1.1.7. Advanced Robotics
  - 4.1.1.8. Misc.
4.2. North America Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 4.2.1. Key Highlights
  - 4.2.1.1. Large Enterprises
  - 4.2.1.2. SMEs
4.3. North America Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018 - 2030
- 4.3.1. Key Highlights
  - 4.3.1.1. Energy & Utilities
  - 4.3.1.2. Industrial Manufacturing
  - 4.3.1.3. Oil & Gas
  - 4.3.1.4. Aerospace and Defence
  - 4.3.1.5. Automotive
  - 4.3.1.6. Electronics
  - 4.3.1.7. Consumer Goods
  - 4.3.1.8. Food & Beverage
  - 4.3.1.9. Misc.
4.4. North America Industry 4.0 Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S.
  - 4.4.1.2. Canada
- 4.4.2. BPS/Market Attractiveness Analysis

5. Europe Industry 4.0 Market Outlook, 2018 - 2030

5.1. Europe Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Internet of Things (IoT)
  - 5.1.1.2. AR/VR Systems
  - 5.1.1.3. 3D Printing
  - 5.1.1.4. Blockchain
  - 5.1.1.5. Digital Twin
  - 5.1.1.6. Extended Reality
  - 5.1.1.7. Advanced Robotics
  - 5.1.1.8. Misc.
5.2. Europe Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. Large Enterprises
  - 5.2.1.2. SMEs
5.3. Europe Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. Energy & Utilities
  - 5.3.1.2. Industrial Manufacturing
  - 5.3.1.3. Oil & Gas
  - 5.3.1.4. Aerospace and Defence
  - 5.3.1.5. Automotive
  - 5.3.1.6. Electronics
  - 5.3.1.7. Consumer Goods
  - 5.3.1.8. Food & Beverage
  - 5.3.1.9. Misc.
5.4. Europe Industry 4.0 Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany
  - 5.4.1.2. France
  - 5.4.1.3. U.K.
  - 5.4.1.4. Italy
  - 5.4.1.5. Spain
  - 5.4.1.6. Russia
  - 5.4.1.7. Rest of Europe
- 5.4.2. BPS/Market Attractiveness Analysis

6. Asia Pacific Industry 4.0 Market Outlook, 2018 - 2030

6.1. Asia Pacific Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018-2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Internet of Things (IoT)
  - 6.1.1.2. AR/VR Systems
  - 6.1.1.3. 3D Printing
  - 6.1.1.4. Blockchain
  - 6.1.1.5. Digital Twin
  - 6.1.1.6. Extended Reality
  - 6.1.1.7. Advanced Robotics
  - 6.1.1.8. Misc.
6.2. Asia Pacific Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. Large Enterprises
  - 6.2.1.2. SMEs
6.3. Asia Pacific Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. Energy & Utilities
  - 6.3.1.2. Industrial Manufacturing
  - 6.3.1.3. Oil & Gas
  - 6.3.1.4. Aerospace and Defence
  - 6.3.1.5. Automotive
  - 6.3.1.6. Electronics
  - 6.3.1.7. Consumer Goods
  - 6.3.1.8. Food & Beverage
  - 6.3.1.9. Misc.
6.4. Asia Pacific Industry 4.0 Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
- 6.4.1. Key Highlights
  - 6.4.1.1. China
  - 6.4.1.2. Japan
  - 6.4.1.3. South Korea
  - 6.4.1.4. India
  - 6.4.1.5. Southeast Asia
  - 6.4.1.6. Rest of Asia Pacific
- 6.4.2. BPS/Market Attractiveness Analysis

7. Latin America Industry 4.0 Market Outlook, 2018 - 2030

7.1. Latin America Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Internet of Things (IoT)
  - 7.1.1.2. AR/VR Systems
  - 7.1.1.3. 3D Printing
  - 7.1.1.4. Blockchain
  - 7.1.1.5. Digital Twin
  - 7.1.1.6. Extended Reality
  - 7.1.1.7. Advanced Robotics
  - 7.1.1.8. Misc.
7.2. Latin America Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. Large Enterprises
  - 7.2.1.2. SMEs
7.3. Latin America Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018-2030
- 7.3.1. Key Highlights
  - 7.3.1.1. Energy & Utilities
  - 7.3.1.2. Industrial Manufacturing
  - 7.3.1.3. Oil & Gas
  - 7.3.1.4. Aerospace and Defence
  - 7.3.1.5. Automotive
  - 7.3.1.6. Electronics
  - 7.3.1.7. Consumer Goods
  - 7.3.1.8. Food & Beverage
  - 7.3.1.9. Misc.
7.4. Latin America Industry 4.0 Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil
  - 7.4.1.2. Mexico
  - 7.4.1.3. Rest of Latin America
- 7.4.2. BPS/Market Attractiveness Analysis

8. Middle East & Africa Industry 4.0 Market Outlook, 2018 - 2030

8.1. Middle East & Africa Industry 4.0 Market Outlook, by Technology, Value (US$ Mn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Internet of Things (IoT)
  - 8.1.1.2. AR/VR Systems
  - 8.1.1.3. 3D Printing
  - 8.1.1.4. Blockchain
  - 8.1.1.5. Digital Twin
  - 8.1.1.6. Extended Reality
  - 8.1.1.7. Advanced Robotics
  - 8.1.1.8. Misc.
8.2. Middle East & Africa Industry 4.0 Market Outlook, by Enterprise, Value (US$ Mn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. Large Enterprises
  - 8.2.1.2. SMEs
8.3. Middle East & Africa Industry 4.0 Market Outlook, by Industry, Value (US$ Mn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. Energy & Utilities
  - 8.3.1.2. Industrial Manufacturing
  - 8.3.1.3. Oil & Gas
  - 8.3.1.4. Aerospace and Defence
  - 8.3.1.5. Automotive
  - 8.3.1.6. Electronics
  - 8.3.1.7. Consumer Goods
  - 8.3.1.8. Food & Beverage
  - 8.3.1.9. Misc.
8.4. Middle East & Africa Industry 4.0 Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC
  - 8.4.1.2. South Africa
  - 8.4.1.3. Rest of Middle East & Africa
- 8.4.2. BPS/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2021
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. ABB Ltd.
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Product Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. ABB Ltd.
- 9.3.3. Siemens AG
- 9.3.4. Cisco Systems Inc.
- 9.3.5. Honeywell International
- 9.3.6. IBM
- 9.3.7. 3D Systems
- 9.3.8. Emerson Electric Co.
- 9.3.9. GE
- 9.3.10. Mitsubishi Electric Corp.
- 9.3.11. Rockwell Automation Inc.
- 9.3.12. SAP SE
- 9.3.13. Schneider Electric SE
- 9.3.14. Alphabet Inc.
- 9.3.15. Cognex Corporation
- 9.3.16. Intel Corporation

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations