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Global Industry 4.0 Market: By Technology: Industrial Robotics, IIoT, AI and ML, Blockchain, Extended Reality, Digital Twin, 3D Printing, Others; By End User: Manufacturing, Automotive, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Industry 4.0 Market Outlook

The global industry 4.0 market attained a value of nearly USD 83 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 18% to reach nearly USD 224 billion by 2027.

 

Global Industry 4.0 Market

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The Asia Pacific to Lead the Market for Industry 4.0

Increased robotics adoption in countries like China, Japan, and South Korea is a big force driving the growth of the global market for industry 4.0. The biggest factor for the robotics industry in the Asia Pacific is the low cost of development, which allows different manufacturers to set up manufacturing facilities. Because of ongoing technical advances and government financial support, the demand in the Asia Pacific is projected to expand at the fastest pace. The key factors that make the region a competitive area for Industry 4.0, with Japan and China being the major contributors, are government policies, investment in R&D, and an extensive industrial base.

 

Industry 4.0: Market Segmentation

Industry 4.0 refers to a modern industrial revolution that combines advanced manufacturing methods with the Internet of Things to build manufacturing networks that are not only linked, but also interact, interpret, and use data to take more intelligent action in the physical world. Industry 4.0 aids in the collection of data and its subsequent integration with digital services.

 

Global Industry 4.0 Market By End User

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The market is divided based on technology into:

  • Industrial Robotics
  • IIoT
  • AI and ML
  • Blockchain
  • Extended Reality
  • Digital Twin
  • 3D Printing
  • Others

On the basis of end user, the market is categorised into:

  • Manufacturing
  • Automotive
  • Oil and Gas
  • Energy and Utilities
  • Electronics
  • Food and Beverage
  • Aerospace and Defense
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Industry 4.0 Market By Region

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Growing Adoption of Internet of Things to Boost the Global Market for Industry 4.0

In the coming years, the growing adoption of the Internet of Things is expected to provide opportunities to the market players. The advancement of the 3D printing industry is expected to boost supply chain management and manufacturing, bolstering business growth in the coming years. The shortage of qualified workers, on the other hand, is expected to slow the growth of the global market for industry 4.0 in the coming years. Nonetheless, in the coming years, an increase in public perception of the benefits of using industry 4.0 is expected to complement the overall market's expansion. Therefore, this is projected to have a positive impact on the market growth.

 

Key Industry Players in the Global Industry 4.0 Market

The report gives a detailed analysis of the following key players in the global industry 4.0 market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • ABB Ltd.
  • Rockwell Automation, Inc.
  • Schneider Electric
  • Cisco Systems Inc.
  • Intel Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Technology, End User, Region
Breakup by Technology Industrial Robotics, IIoT,  AI and ML, Blockchain, Extended Reality, Digital Twin, 3D Printing, Others
Breakup by End User Manufacturing, Automotive, Oil and Gas, Energy and Utilities, Electronics, Food and Beverage, Aerospace and Defense, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces
Competitive Landscape Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered ABB Ltd., Rockwell Automation, Inc., Schneider Electric, Cisco Systems Inc., Intel Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industry 4.0 Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industry 4.0 Historical Market (2018-2022) 
    8.3    Global Industry 4.0 Market Forecast (2023-2028)
    8.4    Global Industry 4.0 Market by Technology
        8.4.1    Industrial Robotics
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    IIoT
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    AI and ML
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
        8.4.4    Blockchain
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2018-2022)
            8.4.4.3    Forecast Trend (2023-2028)
        8.4.5    Extended Reality
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2018-2022)
            8.4.5.3    Forecast Trend (2023-2028)
        8.4.6    Digital Twin
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2018-2022)
            8.4.6.3    Forecast Trend (2023-2028)
        8.4.7    3D Printing
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2018-2022)
            8.4.7.3    Forecast Trend (2023-2028)
        8.4.8    Others
    8.5    Global Industry 4.0 Market by End User
        8.5.1    Manufacturing
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Automotive
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Oil and Gas
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Energy and Utilities
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Electronics
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Food and Beverage
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Aerospace and Defense
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2018-2022)
            8.5.7.3    Forecast Trend (2023-2028)
        8.5.8    Others    
    8.6    Global Industry 4.0 Market by Region
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Industry 4.0 Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Industry 4.0 Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Industry 4.0 Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Industry 4.0 Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East  and Africa Industry 4.0 Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     ABB Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Rockwell Automation, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Schneider Electric
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Cisco Systems Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Intel Corporation
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Industry 4.0 Market: Key Industry Highlights, 2017 and 2027
2.    Global Industry 4.0 Historical Market: Breakup by Technology (USD Billion), 2018-2022
3.    Global Industry 4.0 Market Forecast: Breakup by Technology (USD Billion), 2023-2028
4.    Global Industry 4.0 Historical Market: Breakup by End User (USD Billion), 2018-2022
5.    Global Industry 4.0 Market Forecast: Breakup by End User (USD Billion), 2023-2028
6.    Global Industry 4.0 Historical Market: Breakup by Region (USD Billion), 2018-2022
7.    Global Industry 4.0 Market Forecast: Breakup by Region (USD Billion), 2023-2028
8.    North America Industry 4.0 Historical Market: Breakup by Country (USD Billion), 2018-2022
9.    North America Industry 4.0 Market Forecast: Breakup by Country (USD Billion), 2023-2028
10.    Europe Industry 4.0 Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    Europe Industry 4.0 Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Asia Pacific Industry 4.0 Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Asia Pacific Industry 4.0 Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Latin America Industry 4.0 Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Latin America Industry 4.0 Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Middle East and Africa Industry 4.0 Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Middle East and Africa Industry 4.0 Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Global Industry 4.0 Market Structure

Key Questions Answered in the Report

In 2020, the global industry 4.0 market attained a value of nearly USD 83 billion.

The market is projected to grow at a CAGR of 18% between 2023 and 2028.

The major drivers of the market include the increase in public perception of the benefits of using industry 4.0, increased robotics adoption, low cost of development, ongoing technical advances, financial support by governments, investment in research and development, and an extensive industrial base.

The growing adoption of the Internet of Things and the advancement of the 3D printing industry are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The market is divided based on technology into industrial robotics, IIoT, AI and ML, blockchain, extended reality, digital twin, and 3D printing, among others.

On the basis of end user, the market is categorised into manufacturing, automotive, oil and gas, energy and utilities, electronics, food and beverage, aerospace and defence, among others.

The major players in the industry are ABB Ltd., Rockwell Automation, Inc., Schneider Electric, Cisco Systems Inc., and Intel Corporation, among others.

Analyst Review

The global industry 4.0 market attained a value of nearly USD 83 billion in 2020, driven by the growing adoption of the Internet of Things. Aided by increased robotics adoption and advancement of the 3D printing industry, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 18%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market is divided based on technology into industrial robotics, IIoT, AI and ML, blockchain, extended reality, digital twin, and 3D printing, among others. On the basis of end user, the market is categorised into manufacturing, automotive, oil and gas, energy and utilities, electronics, food and beverage, aerospace and defence, among others. The major regional markets for industry 4.0 market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are ABB Ltd., Rockwell Automation, Inc., Schneider Electric, Cisco Systems Inc., and Intel Corporation, among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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