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Digital Twins for Industry 4.0 Market, Global Outlook and Forecast 2022-2028

April 2022 | 66 pages | ID: D5B6BB8493B8EN
Market Monitor Global

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This report contains market size and forecasts of Digital Twins for Industry 4.0 in Global, including the following market information:

Global Digital Twins for Industry 4.0 Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Digital Twins for Industry 4.0 market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Asset Twin Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Digital Twins for Industry 4.0 include General Electric, PTC, Siemens, Dassault Syst?mes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation and Accenture (Mackevision), etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Digital Twins for Industry 4.0 companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Digital Twins for Industry 4.0 Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Digital Twins for Industry 4.0 Market Segment Percentages, by Type, 2021 (%)
  • Asset Twin
  • Process Twin
  • System Twin
Global Digital Twins for Industry 4.0 Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Digital Twins for Industry 4.0 Market Segment Percentages, by Application, 2021 (%)
  • Aerospace & Defense
  • Automotive & Transportation
  • Machine Manufacturing
  • Energy & Utilities
  • Others
Global Digital Twins for Industry 4.0 Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Digital Twins for Industry 4.0 Market Segment Percentages, By Region and Country, 2021 (%)
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Russia
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia
    • China
    • Japan
    • South Korea
    • Southeast Asia
    • India
    • Rest of Asia
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • Turkey
    • Israel
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Digital Twins for Industry 4.0 revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Digital Twins for Industry 4.0 revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:
  • General Electric
  • PTC
  • Siemens
  • Dassault Syst?mes
  • IBM Corporation
  • ANSYS
  • Microsoft Corporation
  • Oracle Corporation
  • Accenture (Mackevision)
  • SAP
  • AVEVA Group
1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Digital Twins for Industry 4.0 Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Digital Twins for Industry 4.0 Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL DIGITAL TWINS FOR INDUSTRY 4.0 OVERALL MARKET SIZE

2.1 Global Digital Twins for Industry 4.0 Market Size: 2021 VS 2028
2.2 Global Digital Twins for Industry 4.0 Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Digital Twins for Industry 4.0 Players in Global Market
3.2 Top Global Digital Twins for Industry 4.0 Companies Ranked by Revenue
3.3 Global Digital Twins for Industry 4.0 Revenue by Companies
3.4 Top 3 and Top 5 Digital Twins for Industry 4.0 Companies in Global Market, by Revenue in 2021
3.5 Global Companies Digital Twins for Industry 4.0 Product Type
3.6 Tier 1, Tier 2 and Tier 3 Digital Twins for Industry 4.0 Players in Global Market
  3.6.1 List of Global Tier 1 Digital Twins for Industry 4.0 Companies
  3.6.2 List of Global Tier 2 and Tier 3 Digital Twins for Industry 4.0 Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Digital Twins for Industry 4.0 Market Size Markets, 2021 & 2028
  4.1.2 Asset Twin
  4.1.3 Process Twin
  4.1.4 System Twin
4.2 By Type - Global Digital Twins for Industry 4.0 Revenue & Forecasts
  4.2.1 By Type - Global Digital Twins for Industry 4.0 Revenue, 2017-2022
  4.2.2 By Type - Global Digital Twins for Industry 4.0 Revenue, 2023-2028
  4.2.3 By Type - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Digital Twins for Industry 4.0 Market Size, 2021 & 2028
  5.1.2 Aerospace & Defense
  5.1.3 Automotive & Transportation
  5.1.4 Machine Manufacturing
  5.1.5 Energy & Utilities
  5.1.6 Others
5.2 By Application - Global Digital Twins for Industry 4.0 Revenue & Forecasts
  5.2.1 By Application - Global Digital Twins for Industry 4.0 Revenue, 2017-2022
  5.2.2 By Application - Global Digital Twins for Industry 4.0 Revenue, 2023-2028
  5.2.3 By Application - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Digital Twins for Industry 4.0 Market Size, 2021 & 2028
6.2 By Region - Global Digital Twins for Industry 4.0 Revenue & Forecasts
  6.2.1 By Region - Global Digital Twins for Industry 4.0 Revenue, 2017-2022
  6.2.2 By Region - Global Digital Twins for Industry 4.0 Revenue, 2023-2028
  6.2.3 By Region - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Digital Twins for Industry 4.0 Revenue, 2017-2028
  6.3.2 US Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.3.3 Canada Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.3.4 Mexico Digital Twins for Industry 4.0 Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Digital Twins for Industry 4.0 Revenue, 2017-2028
  6.4.2 Germany Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.3 France Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.4 U.K. Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.5 Italy Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.6 Russia Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.7 Nordic Countries Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.4.8 Benelux Digital Twins for Industry 4.0 Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Digital Twins for Industry 4.0 Revenue, 2017-2028
  6.5.2 China Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.5.3 Japan Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.5.4 South Korea Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.5.5 Southeast Asia Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.5.6 India Digital Twins for Industry 4.0 Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Digital Twins for Industry 4.0 Revenue, 2017-2028
  6.6.2 Brazil Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.6.3 Argentina Digital Twins for Industry 4.0 Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Digital Twins for Industry 4.0 Revenue, 2017-2028
  6.7.2 Turkey Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.7.3 Israel Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.7.4 Saudi Arabia Digital Twins for Industry 4.0 Market Size, 2017-2028
  6.7.5 UAE Digital Twins for Industry 4.0 Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 General Electric
  7.1.1 General Electric Corporate Summary
  7.1.2 General Electric Business Overview
  7.1.3 General Electric Digital Twins for Industry 4.0 Major Product Offerings
  7.1.4 General Electric Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.1.5 General Electric Key News
7.2 PTC
  7.2.1 PTC Corporate Summary
  7.2.2 PTC Business Overview
  7.2.3 PTC Digital Twins for Industry 4.0 Major Product Offerings
  7.2.4 PTC Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.2.5 PTC Key News
7.3 Siemens
  7.3.1 Siemens Corporate Summary
  7.3.2 Siemens Business Overview
  7.3.3 Siemens Digital Twins for Industry 4.0 Major Product Offerings
  7.3.4 Siemens Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.3.5 Siemens Key News
7.4 Dassault Syst?mes
  7.4.1 Dassault Syst?mes Corporate Summary
  7.4.2 Dassault Syst?mes Business Overview
  7.4.3 Dassault Syst?mes Digital Twins for Industry 4.0 Major Product Offerings
  7.4.4 Dassault Syst?mes Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.4.5 Dassault Syst?mes Key News
7.5 IBM Corporation
  7.5.1 IBM Corporation Corporate Summary
  7.5.2 IBM Corporation Business Overview
  7.5.3 IBM Corporation Digital Twins for Industry 4.0 Major Product Offerings
  7.5.4 IBM Corporation Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.5.5 IBM Corporation Key News
7.6 ANSYS
  7.6.1 ANSYS Corporate Summary
  7.6.2 ANSYS Business Overview
  7.6.3 ANSYS Digital Twins for Industry 4.0 Major Product Offerings
  7.6.4 ANSYS Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.6.5 ANSYS Key News
7.7 Microsoft Corporation
  7.7.1 Microsoft Corporation Corporate Summary
  7.7.2 Microsoft Corporation Business Overview
  7.7.3 Microsoft Corporation Digital Twins for Industry 4.0 Major Product Offerings
  7.7.4 Microsoft Corporation Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.7.5 Microsoft Corporation Key News
7.8 Oracle Corporation
  7.8.1 Oracle Corporation Corporate Summary
  7.8.2 Oracle Corporation Business Overview
  7.8.3 Oracle Corporation Digital Twins for Industry 4.0 Major Product Offerings
  7.8.4 Oracle Corporation Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.8.5 Oracle Corporation Key News
7.9 Accenture (Mackevision)
  7.9.1 Accenture (Mackevision) Corporate Summary
  7.9.2 Accenture (Mackevision) Business Overview
  7.9.3 Accenture (Mackevision) Digital Twins for Industry 4.0 Major Product Offerings
  7.9.4 Accenture (Mackevision) Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.9.5 Accenture (Mackevision) Key News
7.10 SAP
  7.10.1 SAP Corporate Summary
  7.10.2 SAP Business Overview
  7.10.3 SAP Digital Twins for Industry 4.0 Major Product Offerings
  7.10.4 SAP Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.10.5 SAP Key News
7.11 AVEVA Group
  7.11.1 AVEVA Group Corporate Summary
  7.11.2 AVEVA Group Business Overview
  7.11.3 AVEVA Group Digital Twins for Industry 4.0 Major Product Offerings
  7.11.4 AVEVA Group Digital Twins for Industry 4.0 Revenue in Global Market (2017-2022)
  7.11.5 AVEVA Group Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

LIST OF TABLES

Table 1. Digital Twins for Industry 4.0 Market Opportunities & Trends in Global Market
Table 2. Digital Twins for Industry 4.0 Market Drivers in Global Market
Table 3. Digital Twins for Industry 4.0 Market Restraints in Global Market
Table 4. Key Players of Digital Twins for Industry 4.0 in Global Market
Table 5. Top Digital Twins for Industry 4.0 Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Digital Twins for Industry 4.0 Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Digital Twins for Industry 4.0 Revenue Share by Companies, 2017-2022
Table 8. Global Companies Digital Twins for Industry 4.0 Product Type
Table 9. List of Global Tier 1 Digital Twins for Industry 4.0 Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Digital Twins for Industry 4.0 Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Digital Twins for Industry 4.0 Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Digital Twins for Industry 4.0 Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Digital Twins for Industry 4.0 Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Digital Twins for Industry 4.0 Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Digital Twins for Industry 4.0 Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Digital Twins for Industry 4.0 Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2023-2028
Table 30. General Electric Corporate Summary
Table 31. General Electric Digital Twins for Industry 4.0 Product Offerings
Table 32. General Electric Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 33. PTC Corporate Summary
Table 34. PTC Digital Twins for Industry 4.0 Product Offerings
Table 35. PTC Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 36. Siemens Corporate Summary
Table 37. Siemens Digital Twins for Industry 4.0 Product Offerings
Table 38. Siemens Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 39. Dassault Systemes Corporate Summary
Table 40. Dassault Systemes Digital Twins for Industry 4.0 Product Offerings
Table 41. Dassault Systemes Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 42. IBM Corporation Corporate Summary
Table 43. IBM Corporation Digital Twins for Industry 4.0 Product Offerings
Table 44. IBM Corporation Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 45. ANSYS Corporate Summary
Table 46. ANSYS Digital Twins for Industry 4.0 Product Offerings
Table 47. ANSYS Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 48. Microsoft Corporation Corporate Summary
Table 49. Microsoft Corporation Digital Twins for Industry 4.0 Product Offerings
Table 50. Microsoft Corporation Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 51. Oracle Corporation Corporate Summary
Table 52. Oracle Corporation Digital Twins for Industry 4.0 Product Offerings
Table 53. Oracle Corporation Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 54. Accenture (Mackevision) Corporate Summary
Table 55. Accenture (Mackevision) Digital Twins for Industry 4.0 Product Offerings
Table 56. Accenture (Mackevision) Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 57. SAP Corporate Summary
Table 58. SAP Digital Twins for Industry 4.0 Product Offerings
Table 59. SAP Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)
Table 60. AVEVA Group Corporate Summary
Table 61. AVEVA Group Digital Twins for Industry 4.0 Product Offerings
Table 62. AVEVA Group Digital Twins for Industry 4.0 Revenue (US$, Mn), (2017-2022)

LIST OF FIGURES

Figure 1. Digital Twins for Industry 4.0 Segment by Type in 2021
Figure 2. Digital Twins for Industry 4.0 Segment by Application in 2021
Figure 3. Global Digital Twins for Industry 4.0 Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Digital Twins for Industry 4.0 Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Digital Twins for Industry 4.0 Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Digital Twins for Industry 4.0 Revenue in 2021
Figure 8. By Type - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 9. By Application - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 10. By Region - Global Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 11. By Country - North America Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 12. US Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 16. Germany Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 17. France Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 24. China Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 28. India Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 30. Brazil Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Digital Twins for Industry 4.0 Revenue Market Share, 2017-2028
Figure 33. Turkey Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Digital Twins for Industry 4.0 Revenue, (US$, Mn), 2017-2028
Figure 37. General Electric Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. PTC Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Siemens Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Dassault Systemes Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. IBM Corporation Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. ANSYS Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Microsoft Corporation Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Oracle Corporation Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Accenture (Mackevision) Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. SAP Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. AVEVA Group Digital Twins for Industry 4.0 Revenue Year Over Year Growth (US$, Mn) & (2017-2022)



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