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Global Industry 4.0 Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Industry 4.0 Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Industry 4.0 Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 06 May 2021
  • Report ID: CMFE 0050
  • Pages:196
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Industry 4.0 Market is anticipated to rise at a value CAGR of 16.6% over 2019-2028. According to a study published by Insure Insights on Industry 4.0 Market. Industry 4.0 is the digital transformation that has taken place in manufacturing, production, healthcare industries, etc. Industry 4.0 referred to as a fourth industrial revolution and symbolized a new stage in the organization to control the industrial value chain. It is a transformation that gathers and analyzes data across machines for enabling faster, flexible, and efficient processes to produce high-quality goods at a reduced cost. The rise in the adoption of the industrial internet in manufacturing units, growing focus to improve the efficiency of machinery and systems has driven the market growth

Top Driver: The rise in awareness about the technological advances among the End Users  are driving the market growth

The advent of the Internet of Things (IoT) and the rise in the adoption of this technology has escalated the growth of the market. The advancement of the 3D printing industry is has driven the supply chain management and manufacturing units and has significantly impacted the overall development and growth of the market. The rise in awareness among the vendors about the advantages of using industry 4.0 and the availability of automated solutions has  enhanced the growth of the overall market

IoT technology has obtained the highest contribution to the growth of  Industry 4.0 Market

In terms of the Technology segment, IoT technology has dominated the segmental growth. The rise in the awareness among the manufacturer about the benefits of the IoT, especially in industrial equipment manufacturing, has increased the demand for IoT. With the help of IoT, it enables the connection of the industrial equipment by wireless connectivity and with the help of sensor data from the equipment. It has helped manufacturers to determine the current state of machines accurately, to optimize the performance of the equipment, and to identify potential failures, thus due to these advantages of IoT is has escalated the market growth of the Industry 4.0 Market

Based on the Vertical segment, manufacturing has obtained the highest growth owing to the advent of the use of Robotics in the manufacturing sector, the rise in the R&D investment activities for robots have further propelled the segmental growth

North America to Rule the  Industry 4.0 Market owing to the presence of key players

The presence of key companies like Cisco, IBM, Microsoft, and the rise in the focus among the players for innovations and technological developments have contributed highly to the regional market. The industry 4.0 market is expected to grow with the highest CAGR owing to Increasing the use of robotics in countries like China, Japan. Moreover the low cost of production continuous technological advancements and favorable reimbursement activities and government initiatives for digitalization is further driving the regional growth.

Product launches, Strategic collaborations, Partnerships are the major strategies of the competitors

The competitors of the Industry 4.0 Market are fragmented. The competitors focus on Partnerships, Product Launches as these are the strategies used by them for the overall growth. The key competitors of the Industry 4.0 Market are Hewlett Packard Enterprise Company, Cisco Systems, ABB Inc., International Business Machines Corporation, Stratasys Ltd., General Electric Company, Microsoft Corporation, Intel Corporation, Mitsubishi Electric Corp., and Alphabet, Inc.

ABB Inc: ABB Inc is a giant competitor of the Industry 4.0 Market. For instance, in May 2019, ABB Inc had announced the launch of Industry 4.0 upgrade kit for Masterpact M circuit breaker. This kit was designed to give them the connectivity and sensing capabilities of the SACE Emax 2 smart breaker. It also provides access to the intelligent, data-driven services of ABB

Microsoft Corporation: Microsoft Corporation is one of the Key Competitors of the Industry 4.0 Market. In April 2019, Microsoft Corporation had announced a partnership with the BMW Group to the launch of an Open Manufacturing Platform. It was done to drive open industrial IoT development and to help in the growth of a community to build future Industry 4.0 solutions.

 Scope of the Report

By Technology

  • Internet of Things
  • Artificial Intelligence
  • 3D Printing
  • Augmented Reality & Virtual Reality

By Verticals 

  • IT and Telecommunications
  • Manufacturing
  • Healthcare
  • Consumer Electronics

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Bare Copper Conductor Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Bare Copper Conductor Market -Industry Snapshots

6.1             Overview

6.1.1          Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Bare Copper Conductor Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Bare Copper Conductor Market- By Type

7.2.1          Bare Copper Conductor Market- Soft drawn

7.2.2          Bare Copper Conductor Market- Medium hard drawn

7.2.3          Bare Copper Conductor Market- Hard drawn

Chapter 8           Global Bare Copper Conductor Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Bare Copper Conductor Market- By Application

8.2.1          Bare Copper Conductor Market- Automotive

8.2.2          Bare Copper Conductor Market- Aerospace

8.2.3          Bare Copper Conductor Market- Energy Sectors

8.2.4          Bare Copper Conductor Market- Chemicals

8.2.5          Bare Copper Conductor Market- Electronics

8.2.6          Bare Copper Conductor Market- Others

Chapter 9           Bare Copper Conductor Market Analysis by Region

9.1             Key Findings for Bare Copper Conductor Market- By region

9.2             Overview

9.2.1          Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028

9.2.2          Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028

9.3             Bare Copper Conductor Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Application

9.4             Bare Copper Conductor Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Application

9.5             Bare Copper Conductor Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Application

9.6             Bare Copper Conductor Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Application

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Vimlesh Industries

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Republic Wire

11.3           Eastern Copper

11.4           IWG Copper

11.5           Ganpati Wires

11.6           Perfect Wire Industries

11.7           Chandra Group

11.8           Slimlites Electricals Pvt. Ltd

11.9           Eland Cables

11.10        Jalan Wires

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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