Global Industry 4.0 Market 2023-2027

The Industry 4.0 market is forecasted to grow by USD 211.43 bn during 2022-2027, accelerating at a CAGR of 21.88% during the forecast period. The report on the Industry 4.0 market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the need for simplification of complex manufacturing activities, increasing demand for automation to achieve efficiency and quality, and increasing focus on smart factories.

Technavio's industry 4.0 market is segmented as below:

By Application

Industrial IoT
Smart factory
Industrial automation

By End-user

Manufacturing
Automotive
Energy and utilities
Oil and gas
Others

By Geography

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the virtualization of automation control systems as one of the prime reasons driving the industry 4.0 market growth during the next few years. Also, the integration of artificial intelligence and machine learning technologies and the growing demand for cloud computing and edge computing in Industry 4.0 will lead to sizable demand in the market.

The report on the Industry 4.0 market covers the following areas:

Industry 4.0 market sizing
Industry 4.0 market forecast
Industry 4.0 market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industry 4.0 market vendors that include ADLINK Technology Inc., Advantech Co. Ltd., AURA DIFUSION S.L., Cisco Systems Inc., Cognex Corp., Emerson Electric Co., FANUC Corp., General Electric Co., Honeywell International Inc., Huawei Technologies Co. Ltd., MIDEA Group Co. Ltd., Mitsubishi Electric Corp., OMRON Corp., Qualcomm Inc., Robert Bosch GmbH, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, and Stratasys Ltd.. Also, the Industry 4.0 market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76144

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global industry 4.0 market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global industry 4.0 market 2017 - 2021 ($ billion)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Industrial IoT - Market size and forecast 2022-2027
Exhibit 34: Chart on Industrial IoT - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Industrial IoT - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Industrial IoT - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Industrial IoT - Year-over-year growth 2022-2027 (%)
6.4 Smart factory - Market size and forecast 2022-2027
Exhibit 38: Chart on Smart factory - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Smart factory - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Smart factory - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Smart factory - Year-over-year growth 2022-2027 (%)
6.5 Industrial automation - Market size and forecast 2022-2027
Exhibit 42: Chart on Industrial automation - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on Industrial automation - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on Industrial automation - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Industrial automation - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ billion)
Exhibit 47: Data Table on Market opportunity by Application ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Manufacturing - Market size and forecast 2022-2027
Exhibit 52: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
Exhibit 54: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
7.4 Automotive - Market size and forecast 2022-2027
Exhibit 56: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
Exhibit 58: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.5 Energy and utilities - Market size and forecast 2022-2027
Exhibit 60: Chart on Energy and utilities - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Data Table on Energy and utilities - Market size and forecast 2022-2027 ($ billion)
Exhibit 62: Chart on Energy and utilities - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Energy and utilities - Year-over-year growth 2022-2027 (%)
7.6 Oil and gas - Market size and forecast 2022-2027
Exhibit 64: Chart on Oil and gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 65: Data Table on Oil and gas - Market size and forecast 2022-2027 ($ billion)
Exhibit 66: Chart on Oil and gas - Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Oil and gas - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 68: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 69: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 72: Market opportunity by End-user ($ billion)
Exhibit 73: Data Table on Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share by geography 2022-2027 (%)
Exhibit 76: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 87: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 89: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 95: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 96: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 97: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 107: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 Japan - Market size and forecast 2022-2027
Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.12 UK - Market size and forecast 2022-2027
Exhibit 115: Chart on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 116: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
Exhibit 117: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 119: Market opportunity by geography ($ billion)
Exhibit 120: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 Cisco Systems Inc.
Exhibit 127: Cisco Systems Inc. - Overview
Exhibit 128: Cisco Systems Inc. - Business segments
Exhibit 129: Cisco Systems Inc. - Key news
Exhibit 130: Cisco Systems Inc. - Key offerings
Exhibit 131: Cisco Systems Inc. - Segment focus
12.4 Cognex Corp.
Exhibit 132: Cognex Corp. - Overview
Exhibit 133: Cognex Corp. - Product / Service
Exhibit 134: Cognex Corp. - Key offerings
12.5 FANUC Corp.
Exhibit 135: FANUC Corp. - Overview
Exhibit 136: FANUC Corp. - Business segments
Exhibit 137: FANUC Corp. - Key offerings
Exhibit 138: FANUC Corp. - Segment focus
12.6 General Electric Co.
Exhibit 139: General Electric Co. - Overview
Exhibit 140: General Electric Co. - Business segments
Exhibit 141: General Electric Co. - Key news
Exhibit 142: General Electric Co. - Key offerings
Exhibit 143: General Electric Co. - Segment focus
12.7 Huawei Technologies Co. Ltd.
Exhibit 144: Huawei Technologies Co. Ltd. - Overview
Exhibit 145: Huawei Technologies Co. Ltd. - Business segments
Exhibit 146: Huawei Technologies Co. Ltd. - Key news
Exhibit 147: Huawei Technologies Co. Ltd. - Key offerings
Exhibit 148: Huawei Technologies Co. Ltd. - Segment focus
12.8 MIDEA Group Co. Ltd.
Exhibit 149: MIDEA Group Co. Ltd. - Overview
Exhibit 150: MIDEA Group Co. Ltd. - Product / Service
Exhibit 151: MIDEA Group Co. Ltd. - Key offerings
12.9 Mitsubishi Electric Corp.
Exhibit 152: Mitsubishi Electric Corp. - Overview
Exhibit 153: Mitsubishi Electric Corp. - Business segments
Exhibit 154: Mitsubishi Electric Corp. - Key news
Exhibit 155: Mitsubishi Electric Corp. - Key offerings
Exhibit 156: Mitsubishi Electric Corp. - Segment focus
12.10 OMRON Corp.
Exhibit 157: OMRON Corp. - Overview
Exhibit 158: OMRON Corp. - Business segments
Exhibit 159: OMRON Corp. - Key news
Exhibit 160: OMRON Corp. - Key offerings
Exhibit 161: OMRON Corp. - Segment focus
12.11 Qualcomm Inc.
Exhibit 162: Qualcomm Inc. - Overview
Exhibit 163: Qualcomm Inc. - Business segments
Exhibit 164: Qualcomm Inc. - Key news
Exhibit 165: Qualcomm Inc. - Key offerings
Exhibit 166: Qualcomm Inc. - Segment focus
12.12 Robert Bosch GmbH
Exhibit 167: Robert Bosch GmbH - Overview
Exhibit 168: Robert Bosch GmbH - Business segments
Exhibit 169: Robert Bosch GmbH - Key news
Exhibit 170: Robert Bosch GmbH - Key offerings
Exhibit 171: Robert Bosch GmbH - Segment focus
12.13 Rockwell Automation Inc.
Exhibit 172: Rockwell Automation Inc. - Overview
Exhibit 173: Rockwell Automation Inc. - Business segments
Exhibit 174: Rockwell Automation Inc. - Key news
Exhibit 175: Rockwell Automation Inc. - Key offerings
Exhibit 176: Rockwell Automation Inc. - Segment focus
12.14 SAP SE
Exhibit 177: SAP SE - Overview
Exhibit 178: SAP SE - Business segments
Exhibit 179: SAP SE - Key news
Exhibit 180: SAP SE - Key offerings
Exhibit 181: SAP SE - Segment focus
12.15 Schneider Electric SE
Exhibit 182: Schneider Electric SE - Overview
Exhibit 183: Schneider Electric SE - Business segments
Exhibit 184: Schneider Electric SE - Key news
Exhibit 185: Schneider Electric SE - Key offerings
Exhibit 186: Schneider Electric SE - Segment focus
12.16 Siemens AG
Exhibit 187: Siemens AG - Overview
Exhibit 188: Siemens AG - Business segments
Exhibit 189: Siemens AG - Key news
Exhibit 190: Siemens AG - Key offerings
Exhibit 191: Siemens AG - Segment focus
12.17 Stratasys Ltd.
Exhibit 192: Stratasys Ltd. - Overview
Exhibit 193: Stratasys Ltd. - Product / Service
Exhibit 194: Stratasys Ltd. - Key news
Exhibit 195: Stratasys Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 196: Inclusions checklist
Exhibit 197: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 198: Currency conversion rates for US$
13.4 Research methodology
Exhibit 199: Research methodology
Exhibit 200: Validation techniques employed for market sizing
Exhibit 201: Information sources
13.5 List of abbreviations
Exhibit 202: List of abbreviations