Press release
Global Industry 4.0 Market Evolving Industry Trends and Key Insights by 2021
Zion Market Research has published a new report titled “Industry 4.0 Market by Technology (Industrial Robotics, Cybersecurity, Internet of Things (IoT), 3D Printing, Advanced Human-Machine Interface (HMI), Big Data, Augmented Reality & Virtual Reality, and Artificial Intelligence) and by Vertical (Automotive, Electrical & Electronics Equipment, Industrial Equipment, Aerospace, Chemical & Materials, Food & Agriculture, Oil & Gas, Energy & Power, Healthcare, and Other Verticals): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017-2024’’. According to the report, global industry 4.0 market was valued at around USD 66.10 billion in 2017 and is expected to reach approximately USD 155.30 billion by 2024, growing at a CAGR of slightly above 14.9% between 2018 and 2024.
Industry 4.0 is an integrated system which consists of an automation tool, robotic control, and big data analytics. Industry 4.0 holds a lot of potentials and is expected to register a substantial growth in the near future. The industry 4.0 is not only about technology but also about companies that gather appropriate data and integrate it with digital services for utilizing it for their own benefit. The industry 4.0 also consists of a physical cyber system, cloud computing, and the internet of things.
Request Free Sample Report of Industry 4.0 Market Report @ http://bit.ly/2TYrA0S
Increasing adoption of the internet in different industrial applications is one of the major factors that are driving the growth of the market. For every enterprise, industry 4.0 is the heart of digital transformation. The goal is to create value for the insight that is generated through connected assets. Various key players are advocating IoT and industry 4.0 concepts in order to create smarter factories. For instance, sensors are at the forefront of the supply chain market as they improve the tasks and mode of tracking which is the part of industry 4.0 developments. Various companies are now adopting the industry 4.0 in order to improve the production efficiency and quality of the product. For instance, Nokia has applied a concept of supply network chain in its factories; this was done in order to leverage digitalization across its supply chain. This adoption has resulted in the higher growth of the company over the past five years and is expected to boost the growth of the company. Such an initiative taken by the key players is boosting the growth of the market. A major restraining factor for the global industry 4.0 market is lack of cost-benefit analysis. However, increased focus on efficiency and cost of production leading to digitalization is likely to provide various opportunities for the key players operating in the global industry 4.0 market.
The global industry 4.0 market is fragmented based on technology, vertical, and region. In terms of technology, the market is segmented into big data, robotics, cybersecurity, internet of things (IoT), advanced human-machine interface (HMI), 3D printing, augmented reality & virtual reality, and artificial intelligence. Based on vertical, the market is segmented into industrial equipment, oil & gas, healthcare, automotive, electrical & electronics equipment, aerospace, chemical & materials, food & agriculture, energy & power, and others.
Download Free PDF Report Brochure @ http://bit.ly/2TYsmLk
Industrial equipment segment led the market of the global industry 4.0 market in 2017 and is anticipated to maintain this trend over the next few years. Increase in demand for value-based products around the globe is predicted to drive the industry 4.0 market during the years to come.
Based on region, the market is segmented into Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. North America led the market for industry 4.0 and accounted for a significant market share in terms of revenue during 2017. This can be attributed to the huge technological advancements in the various regions. Asia Pacific industry 4.0 market is also expected to witness significant growth within the forecast period.
Some of the major players operating in the global industry 4.0 market are International Business Machines Corporation, ABB Inc., Intel Corporation, Stratasys Ltd., Alphabet, Inc., General Electric Company, Mitsubishi Electric Corp., Microsoft Corporation, Hewlett Packard Enterprise Company, Cisco Systems, and others.
Inquire more about this report @ http://bit.ly/2TW6UGT
The report segments the global industry 4.0 market as follows:
Industry 4.0 Market: Technology Analysis
Industrial Robotics
Cybersecurity
Internet of Things (IoT)
3D Printing
Advanced Human–Machine Interface (HMI)
Big Data
Augmented Reality & Virtual Reality
Artificial Intelligence
Industry 4.0 Market: Vertical Analysis
Automotive
Electrical & Electronics Equipment
Industrial Equipment
Aerospace
Chemical & Materials
Food & Agriculture
Oil & Gas
Energy & Power
Healthcare
Others
Industry 4.0 Market: Regional Analysis
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
Browse detail report @ http://bit.ly/2TYswSW
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Industry 4.0 is an integrated system which consists of an automation tool, robotic control, and big data analytics. Industry 4.0 holds a lot of potentials and is expected to register a substantial growth in the near future. The industry 4.0 is not only about technology but also about companies that gather appropriate data and integrate it with digital services for utilizing it for their own benefit. The industry 4.0 also consists of a physical cyber system, cloud computing, and the internet of things.
Request Free Sample Report of Industry 4.0 Market Report @ http://bit.ly/2TYrA0S
Increasing adoption of the internet in different industrial applications is one of the major factors that are driving the growth of the market. For every enterprise, industry 4.0 is the heart of digital transformation. The goal is to create value for the insight that is generated through connected assets. Various key players are advocating IoT and industry 4.0 concepts in order to create smarter factories. For instance, sensors are at the forefront of the supply chain market as they improve the tasks and mode of tracking which is the part of industry 4.0 developments. Various companies are now adopting the industry 4.0 in order to improve the production efficiency and quality of the product. For instance, Nokia has applied a concept of supply network chain in its factories; this was done in order to leverage digitalization across its supply chain. This adoption has resulted in the higher growth of the company over the past five years and is expected to boost the growth of the company. Such an initiative taken by the key players is boosting the growth of the market. A major restraining factor for the global industry 4.0 market is lack of cost-benefit analysis. However, increased focus on efficiency and cost of production leading to digitalization is likely to provide various opportunities for the key players operating in the global industry 4.0 market.
The global industry 4.0 market is fragmented based on technology, vertical, and region. In terms of technology, the market is segmented into big data, robotics, cybersecurity, internet of things (IoT), advanced human-machine interface (HMI), 3D printing, augmented reality & virtual reality, and artificial intelligence. Based on vertical, the market is segmented into industrial equipment, oil & gas, healthcare, automotive, electrical & electronics equipment, aerospace, chemical & materials, food & agriculture, energy & power, and others.
Download Free PDF Report Brochure @ http://bit.ly/2TYsmLk
Industrial equipment segment led the market of the global industry 4.0 market in 2017 and is anticipated to maintain this trend over the next few years. Increase in demand for value-based products around the globe is predicted to drive the industry 4.0 market during the years to come.
Based on region, the market is segmented into Europe, Asia Pacific, North America, Latin America, and the Middle East & Africa. North America led the market for industry 4.0 and accounted for a significant market share in terms of revenue during 2017. This can be attributed to the huge technological advancements in the various regions. Asia Pacific industry 4.0 market is also expected to witness significant growth within the forecast period.
Some of the major players operating in the global industry 4.0 market are International Business Machines Corporation, ABB Inc., Intel Corporation, Stratasys Ltd., Alphabet, Inc., General Electric Company, Mitsubishi Electric Corp., Microsoft Corporation, Hewlett Packard Enterprise Company, Cisco Systems, and others.
Inquire more about this report @ http://bit.ly/2TW6UGT
The report segments the global industry 4.0 market as follows:
Industry 4.0 Market: Technology Analysis
Industrial Robotics
Cybersecurity
Internet of Things (IoT)
3D Printing
Advanced Human–Machine Interface (HMI)
Big Data
Augmented Reality & Virtual Reality
Artificial Intelligence
Industry 4.0 Market: Vertical Analysis
Automotive
Electrical & Electronics Equipment
Industrial Equipment
Aerospace
Chemical & Materials
Food & Agriculture
Oil & Gas
Energy & Power
Healthcare
Others
Industry 4.0 Market: Regional Analysis
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
Browse detail report @ http://bit.ly/2TYswSW
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
