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Industry 4.0 Market Report and Forecast 2025-2034
The global industry 4.0 market reached a value of about USD 136.37 Billion in 2024. The market is projected to grow at a CAGR of 18.00% in the forecast period of 2025-2034 to reach around USD 713.74 Billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by the growing adoption of Industry 4.0 in the automotive sector.
The increasing deployment of Industry 4.0 in the automotive sector to enhance the efficiency of automobile manufacturing is propelling the market growth. As the sector is increasingly attempting to enhance its flexibility and agility while optimising its supply chain, the adoption of Industry 4.0 tools is significantly rising. In addition, various automotive manufacturers are utilising several technologies of Industry 4.0 to predict and capture evolving consumer demands and digitise their operations.
The integration of 5G technology in Industry 4.0 is anticipated to improve the automation of production processes while facilitating real-time monitoring. It is also likely to improve the deployment of data analytics, AI, digital twins, and various smart factory tools, among others, which is expected to support the market growth of Industry 4.0.
The market for Industry 4.0 is being aided by the growing adoption of the Internet of things (IoT) and advancements in 3D printing technology. The increasing adoption of industrial robots in manufacturing operations in countries such as China and South Korea is likely to drive the market for Industry 4.0. Moreover, the advent of 5G technology, big data, blockchain, and IoT advanced engines is expected to favour the market growth of Industry 4.0 in the forecast period.
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Headquarters: | Zurich, Switzerland |
Establishment: | 1988 |
Website: | https://global.abb/group/en |
ABB is a prominent global technology company that aims to transform society and create a sustainable future. It has a workforce of 110,000 skilled employees in over 100 countries. In 2021, it attained net revenue of USD 26 billion. The company has 21 divisions and 4 major areas. In September 2021, it invested USD 13 million to expand its presence in the Canadian market.
Headquarters: | Wisconsin, United States |
Establishment: | 1903 |
Website: | https://www.rockwellautomation.com/ |
Rockwell Automation is a prominent industrial automation company that aims to connect people with technologies. With a wide presence in more than 100 countries and an employee base of 25,000, the company generated revenue of USD 7 billion in 2021. A total of 20 of its sites are ISO 45001 and ISO 14001 certified and it reclaims or recycles 86% of its overall waste.
Headquarters: | Rueil-Malmaison. France |
Establishment: | 1836 |
Website: | https://www.se.com/in/en/ |
Schneider Electric is a technology company engaged in energy automation and digital transformation of management. Its integrated solutions are widely used in data centres, homes, buildings, industries, and infrastructures. It has an employee base of 128,000 across the world and generated revenue of EUR 28.9 billion in 2021. In March 2021, the company formed a joint venture with SUEZ to develop and market digital solutions for water cycle management.
Headquarters: | California, United States |
Establishment: | 1984 |
Website: | https://www.cisco.com/c/en_in/ |
Cisco Systems is a prominent software and technology company that aims to transform digital infrastructure and secure users’ data. It offers innovative products and solutions in the networking, data centres, analytics, and security segments, among others. In 2021, its software segment attained revenue of USD 15 billion.
Headquarters: | California, United States |
Establishment: | 1968 |
Website: | https://www.intel.com/ |
Intel Corporation is a leading technology company that aims to address the evolving requirements of a data-centric world. Its comprehensive product portfolio finds use in various technologies like cloud computing, edge computing, 5G network, autonomous driving, and artificial intelligence (AI). The company is a major manufacturer of semiconductor chips and intends to enable consumers to harness the power of technology.
Ketan Gandhi
Ketan Gandhi is a market intelligence professional specializing in energy, automotive, FMCG, and construction sectors. His expertise spans market and price trend analysis, import-export dynamics, and supply chain evaluation to support strategic sourcing decisions. Through syndicated and custom research, he delivers competitive benchmarking insights and regional market assessments, employing rigorous data triangulation of primary and secondary sources to ensure reliable, actionable intelligence for businesses navigating complex industry landscapes.
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+44-753-713-2163
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30 North Gould Street, Sheridan, WY 82801
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193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office) +
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia +
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India +
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines +
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom +
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam +
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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