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Industry 4.0 Technologies Market 2018 To 2023 Status And Trend By Leading Companies, Regional Outlook

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Industry 4.0 Technologies Market 2018 To 2023 Status And Trend By Leading Companies, Regional Outlook

Industry 4.0 is here to stay, there is no doubt about that. Many of the individual advances in technology that form the foundations of Industry 4.0 revolution are already used in manufacturing, but with Industry 4.0 merged platform, they will transform production: isolated, optimized cells will come together as a fully integrated, automated, and optimized production flow, leading to greater efficiency and changing traditional production relationships among suppliers, producers, and customers as well as between human and machine.The 4.0 Industry technology revolution is not only about using data during production, or even integrating data from a wide variety of manufacturing systems throughout the supply chain. It is about analyzing and integrating total product and process life cycle, so that product and customer communicate directly with manufacturing systems and personnel to ensure that the product accommodates the needs of individual customers.The “Industry 4.0 Technologies Market (Industrial Robotics, 3D Printing, AI, Big Data, Cybersecurity, Cloud Computing, H&V System Integration, Industrial IoT, Sensors, Simulation, VR, AR) 2018-2023” report forecasts that the global Industry 4.0 market* will reach $214B by 2023.

The report’s research team:

Reviewed and analyzed over 600 Industry 4.0 reports, papers, vendors and governmental information sources.
Participated in 16 round table Industry 4.0 focus groups,
Conducted 75 of face-to-face interviews with industry executives,
Conducted a meta research including more than 4000 industry executives of over 2,700 companies in 29 countries across 5 continents.
The report analyzes each dollar spent in the Industry 4.0 market via 4 bottom-up research vectors (see figure 3), thus providing a must-have report for decision-makers in the Industry 4.0 market.
According to a HSRC meta research***, 63% of responders to HSRC, BCG, PwC, The Economist Intelligence Unit, Roland Berger, Rittal and Siemens stated that their business future depends on Industry 4.0 transformation. Manufacturing executives from all industries have squarely identified and, in many cases, begun addressing the need for industrial transformation. The responders that have implemented Industry 4.0 conversion have already seen improvements and expect more progress in the near future.

Some of the world technology giants (see Figure 2) recognized the huge business opportunities of the Industry 4.0, invested in R&D, commercialization of Industry 4.0 technologies and acquired smaller technology companies especially in the AI sector.In the next decades, businesses will establish global networks that incorporate their machinery, warehousing systems and production facilities in the shape of Cyber-Physical Systems (CPS). In the manufacturing environment, the Cyber-Physical Systems comprise smart machines, storage systems and production facilities capable of autonomously exchanging information, triggering actions and controlling each other independently. These changes add to the traditional business pressure on manufacturers, but also offer unprecedented opportunities to optimize production processes.

Industry 4.0 technologies hold immense potential. Smart factories allow individual customer requirements to be met and mean that even one-off items can be manufactured profitably. In Industry 4.0, dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions and failures on behalf of suppliers.

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End-to-end transparency is provided over the manufacturing process, facilitating optimized decision-making. Industry 4.0 Technologies will also result in new ways of creating value and novel business models. It will provide start-ups and SMEs with the opportunity to develop and provide downstream services.

The major winners might be those that control Industry 4.0 Technology Platforms , software layers that syndicate various devices, information and services, on top of which other firms can build their own offerings.

Governments and the private sector of countries with high labor costs (e.g., EU countries and the U.S.A.) invest in Industry 4.0 Technologies to increase their industrial base which has been taken over by low labor cost countries (see figure above). Low labor costs industries and their governments (e.g., China, India and Cambodia) are reacting to this trend by investing in Industry 4.0 Technologies as well. To maintain their industrial base, governments across the globe, fund Industry 4.0 projects, R&D, and provide subsidies and tax incentives to Industry 4.0 Technologies investors.

In a global manufacturing industry that is changing faster than ever, Industry 4.0 trend analysis is critical for all companies to drive sustainable growth. As competition increases and innovative ideas continue to disrupt entire industries, harnessing mega trend analysis allows businesses to remain relevant and succeed in the market place of the future.

The market will undergo a major transformation in 2018-2023 through the following drivers:

Global competition in the manufacturing sector is becoming fiercer and fiercer
Unprecedented opportunities to optimize production processes
Governments and the private sector of high labor costs economies invest in Industry 4.0 Technologies to increase their industrial base taken by low labor cost countries
Governments of low labor costs economies invest in Industry 4.0 Technologies to maintain their industrial base taken by high labor cost countries Industry 4.0 Technologies investments
Government funded Industry 4.0 projects, R&D, subsidies and tax incentives
“Industry 4.0 Technologies” offers start-ups and SMEs the opportunity to develop and provide downstream services
Industry 4.0 dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions
“Industry 4.0 Technologies” provides the link to the consumer, and can forecast consumer demand
The 3-volume “Industry 4.0 Technologies Market (Industrial Robotics, 3D Printing, AI, Big Data, Cybersecurity, Cloud Computing, H&V System Integration, Industrial IoT, Sensors, Simulation, VR, AR) 2018-2023” report is the most comprehensive review of this emerging market available today. It provides a detailed and reasoned roadmap of this rapidly growing market.

The report is aimed at:

Industry 4.0 Technologies Vendors
Industry 4.0 Systems Integrators
Government Industry Agencies
Manufacturing Companies, SME included
The report has been explicitly customized for the industry and government decision-makers to enable them to identify business opportunities, emerging technologies, market trends and risks, as well as to benchmark business plans.

Questions answered in this 531-page market report include:

What was the 138 submarkets size and what were the trends during 2016 & 2017?
What is the 2018-2023 forecast for each of the 138 submarkets?
Which technologies provide attractive business opportunities?
What drives the Industry 4.0 managers to purchase solutions and services?
What are the technology & services trends?
What is the market SWOT (Strengths, Weaknesses, Opportunities and Threats)?
With 531 pages, 84 tables and 110 figures, this 3-volume report covers 10 leading technologies, 4 revenue sources, 5 regional and 22 national markets, offering for each of them 2016-2017 estimates and 2018-2023 forecasts and analyses.
Why Buy This Report?

A. This is the most comprehensive information source of the global Industry 4.0 market and technologies.

B. Market data is analyzed via 4 key perspectives:

With a highly fragmented Industry 4.0 market we address the money trail via the following 4 bottom-up market size vectors:

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By Industry 4.0 Technologies:
Additive Manufacturing- 3D Printing
Advanced Human Machine Interface
Artificial Intelligence
Industrial Robots
Big Data & Analytics
Cybersecurity & Cloud Computing
Horizontal & Vertical System Integration
Industrial IoT (IIoT)
Sensors
Simulation
Virtual Reality & Augmented Reality
Predictive Maintenance
By 4 Revenue Sources:
Product Sales
System Installation, Integration & Commissioning
Aftersale Maintenance, Upgrades & Spare Parts
Consulting, Planning & Training
By 5 Regions:
North America
Latin America
Europe
Middle East and Africa
Asia-Pacific
By 22 Countries:
U.S.
Canada
Mexico
Brazil
Rest of LATAM
UK
Germany
France
Italy
Spain
Scandinavia
Rest of Europe
Turkey
Israel
GCC
South Africa
Rest of MEA
India
China
Japan
South Korea
Rest of APAC
C. Detailed market analysis framework is provided:

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