Stratview Research has published a new report titled ‘Industry 4.0 Market’ to its database. It has segmented the market By Technology (Industrial Robotics, IIoT, AI and ML, Blockchain, Extended Reality, Digital Twin, 3D Printing, Others), By End Use (Manufacturing, Automotive, Oil and Gas, Energy and Utilities, Electronics and Foundry, Food and Beverage, Aerospace and Defense, Others), and by Region (North America [The USA, Canada, and Mexico], Europe, and Rest of the World [Brazil, Saudi Arabia, and Others]).
Market Segments’ Analysis
The market researchers have studied the Industry 4.0 Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information –
Based on end use, the industry 4.0 market has been classified into manufacturing, automotive, oil and gas, energy and utilities, electronics and foundry, food and beverage, aerospace and defense, and others. Under these, the manufacturing segment held a significant market share in 2020. The stock of industrial robots functioning in factories is at the highest level till date, which is propelled by the success story of smart production, and automation has witnessed a rise of about 85% within in the past five years, which boosts the segment growth.
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Key Players of the market:
- ABB Ltd (Switzerland)
- Cognex Corporation (US)
- Siemens AG (Germany)
- Schneider Electric (France)
- Swisslog Holding AG (Kuka AG) (Switzerland)
- Rockwell Automation Inc. (US)
- Honeywell International Inc. (US)
By region, the Asia Pacific market held the highest market share in 2020 and is projected to grow at a healthy CAGR in the coming years. This is ascribed to growing adoption of robotics in the manufacturing sector in China, Japan, and India Also, low production cost in APAC countries enables market players to set up manufacturing facilities in this region, thus bolsters the regional market growth during the review period.
Highlights of the report:
The report also highlights the following segments –
- The market structure and forecasts for the coming years.
- Drivers, restraints, opportunities, and current trends of Industry 4.0 Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
Our market research experts have studied the INDUSTRY 4.0 Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-chain, pricing trends, product preferences, consumer patterns & more. The findings are further validated through primary research with industry experts across the globe.
Reasons to Invest in this Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period.
- Segments include quantitative, qualitative, and value data.
- Regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
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About Us
Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
