2018-2023 Global Digital Twin Market Report (Status and Outlook)

August 2018 | 117 pages | ID: 28351D09DAAEN
LP Information

Abstracts

The report requires updating with new data and is sent in 48 hours after order is placed.

In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Digital Twin market for 2018-2023.
Digital Twin is a near-real-time digital image about the historical and current behavior of a physical object or process that helps optimize business performance.
Digital twins exist at the nexus of physical engineering, data science, and machine learning, and their value translates directly to measurable business outcomes—reduced asset downtime and maintenance costs, improved plant and factory efficiency, reduced cycle times, and increased market agility.
Top 5 suppliers took up about 80% of the global market in 2016. GE, PTC, Siemens, Dassault Systèmes, which have leading technology and market position, are well-known suppliers around the world. Other players, like SAP and Mackevision from Germany, Toshiba from Japan, Huawei from China, Cybernet Systems from Canada, TCS (Partner of Dassault Systèmes) from India, Altair from the USA, etc., are also said the new players of Digital Twin technology in 2017.
USA is the largest market of Digital Twin in the world in the past few years and it will keep increasing in the next few years. USA market took up about 56% the global market in 2016, while Europe was about 43%.
China, Japan, India and S. Korea, etc. are now the key developing market of Digital Twin in the future while they are all just at the beginning of digital twin technology. There are few vendors to have digital twin technology, and the Chinese market is still much smaller than the USA. Chinese AVIC have signed an agreement with French Dassault Systèmes to develop the digital twin in Jun. 2017.

Over the next five years, LPI(LP Information) projects that Digital Twin will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Digital Twin market by product type, application, key companies and key regions.

To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:

• Parts Twin
• Product Twin
• System Twin

Segmentation by application:

• Aerospace & Defense
• Automotive & Transportation
• Machine Manufacturing
• Energy & Utilities
• Others

We can also provide the customized separate regional or country-level reports, for the following regions:

• Americas
• United States
• Canada
• Mexico
• Brazil
• APAC
• China
• Japan
• Korea
• Southeast Asia
• India
• Australia
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Spain
• Middle East & Africa
• Egypt
• South Africa
• Israel
• Turkey
• GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:

• General Electric
• PTC
• Siemens
• Dassault Systèmes
• IBM Corporation
• ANSYS
• Microsoft Corporation
• Oracle Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

RESEARCH OBJECTIVES

• To study and analyze the global Digital Twin market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Digital Twin market by identifying its various subsegments.
• Focuses on the key global Digital Twin players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Digital Twin with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the size of Digital Twin submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.

Contents

2018-2023 GLOBAL DIGITAL TWIN MARKET REPORT (STATUS AND OUTLOOK)

1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Digital Twin Market Size 2013-2023
  2.1.2 Digital Twin Market Size CAGR by Region
2.2 Digital Twin Segment by Type
  2.2.1 Parts Twin
  2.2.2 Product Twin
  2.2.3 Process Twin
  2.2.4 System Twin
2.3 Digital Twin Market Size by Type
  2.3.1 Global Digital Twin Market Size Market Share by Type (2013-2018)
  2.3.2 Global Digital Twin Market Size Growth Rate by Type (2013-2018)
2.4 Digital Twin Segment by Application
  2.4.1 Aerospace & Defense
  2.4.2 Automotive & Transportation
  2.4.3 Machine Manufacturing
  2.4.4 Energy & Utilities
  2.4.5 Others
2.5 Digital Twin Market Size by Application
  2.5.1 Global Digital Twin Market Size Market Share by Application (2013-2018)
  2.5.2 Global Digital Twin Market Size Growth Rate by Application (2013-2018)

3 GLOBAL DIGITAL TWIN BY PLAYERS

3.1 Global Digital Twin Market Size Market Share by Players
  3.1.1 Global Digital Twin Market Size by Players (2016-2018)
  3.1.2 Global Digital Twin Market Size Market Share by Players (2016-2018)
3.2 Global Digital Twin Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
  3.3.1 Competition Landscape Analysis
  3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 DIGITAL TWIN BY REGIONS

4.1 Digital Twin Market Size by Regions
4.2 Americas Digital Twin Market Size Growth
4.3 APAC Digital Twin Market Size Growth
4.4 Europe Digital Twin Market Size Growth
4.5 Middle East & Africa Digital Twin Market Size Growth

5 AMERICAS

5.1 Americas Digital Twin Market Size by Countries
5.2 Americas Digital Twin Market Size by Type
5.3 Americas Digital Twin Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC

6.1 APAC Digital Twin Market Size by Countries
6.2 APAC Digital Twin Market Size by Type
6.3 APAC Digital Twin Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 EUROPE

7.1 Europe Digital Twin by Countries
7.2 Europe Digital Twin Market Size by Type
7.3 Europe Digital Twin Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Digital Twin by Countries
8.2 Middle East & Africa Digital Twin Market Size by Type
8.3 Middle East & Africa Digital Twin Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers and Impact
  9.1.1 Growing Demand from Key Regions
  9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 GLOBAL DIGITAL TWIN MARKET FORECAST

10.1 Global Digital Twin Market Size Forecast (2018-2023)
10.2 Global Digital Twin Forecast by Regions
  10.2.1 Global Digital Twin Forecast by Regions (2018-2023)
  10.2.2 Americas Market Forecast
  10.2.3 APAC Market Forecast
  10.2.4 Europe Market Forecast
  10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
  10.3.1 United States Market Forecast
  10.3.2 Canada Market Forecast
  10.3.3 Mexico Market Forecast
  10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
  10.4.1 China Market Forecast
  10.4.2 Japan Market Forecast
  10.4.3 Korea Market Forecast
  10.4.4 Southeast Asia Market Forecast
  10.4.5 India Market Forecast
  10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
  10.5.1 Germany Market Forecast
  10.5.2 France Market Forecast
  10.5.3 UK Market Forecast
  10.5.4 Italy Market Forecast
  10.5.5 Russia Market Forecast
  10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
  10.6.1 Egypt Market Forecast
  10.6.2 South Africa Market Forecast
  10.6.3 Israel Market Forecast
  10.6.4 Turkey Market Forecast
  10.6.5 GCC Countries Market Forecast
10.7 Global Digital Twin Forecast by Type
10.8 Global Digital Twin Forecast by Application

11 KEY PLAYERS ANALYSIS

11.1 General Electric
  11.1.1 Company Details
  11.1.2 Digital Twin Product Offered
  11.1.3 General Electric Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.1.4 Main Business Overview
  11.1.5 General Electric News
11.2 PTC
  11.2.1 Company Details
  11.2.2 Digital Twin Product Offered
  11.2.3 PTC Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.2.4 Main Business Overview
  11.2.5 PTC News
11.3 Siemens
  11.3.1 Company Details
  11.3.2 Digital Twin Product Offered
  11.3.3 Siemens Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.3.4 Main Business Overview
  11.3.5 Siemens News
11.4 Dassault Systèmes
  11.4.1 Company Details
  11.4.2 Digital Twin Product Offered
  11.4.3 Dassault Systèmes Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.4.4 Main Business Overview
  11.4.5 Dassault Systèmes News
11.5 IBM Corporation
  11.5.1 Company Details
  11.5.2 Digital Twin Product Offered
  11.5.3 IBM Corporation Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.5.4 Main Business Overview
  11.5.5 IBM Corporation News
11.6 ANSYS
  11.6.1 Company Details
  11.6.2 Digital Twin Product Offered
  11.6.3 ANSYS Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.6.4 Main Business Overview
  11.6.5 ANSYS News
11.7 Microsoft Corporation
  11.7.1 Company Details
  11.7.2 Digital Twin Product Offered
  11.7.3 Microsoft Corporation Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.7.4 Main Business Overview
  11.7.5 Microsoft Corporation News
11.8 Oracle Corporation
  11.8.1 Company Details
  11.8.2 Digital Twin Product Offered
  11.8.3 Oracle Corporation Digital Twin Revenue, Gross Margin and Market Share (2016-2018)
  11.8.4 Main Business Overview
  11.8.5 Oracle Corporation News

12 RESEARCH FINDINGS AND CONCLUSION

List Of Tables

LIST OF TABLES AND FIGURES

Table Product Specifications of Digital Twin
Figure Digital Twin Report Years Considered
Figure Market Research Methodology
Figure Global Digital Twin Market Size Growth Rate 2013-2023 ($ Millions)
Table Digital Twin Market Size CAGR by Region 2013-2023 ($ Millions)
Table Major Players of Parts Twin
Table Major Players of Product Twin
Table Major Players of Process Twin
Table Major Players of System Twin
Table Market Size by Type (2013-2018) ($ Millions)
Table Global Digital Twin Market Size Market Share by Type (2013-2018)
Figure Global Digital Twin Market Size Market Share by Type (2013-2018)
Figure Global Parts Twin Market Size Growth Rate
Figure Global Product Twin Market Size Growth Rate
Figure Global Process Twin Market Size Growth Rate
Figure Global System Twin Market Size Growth Rate
Figure Digital Twin Consumed in Aerospace & Defense
Figure Global Digital Twin Market: Aerospace & Defense (2013-2018) ($ Millions)
Figure Global Aerospace & Defense YoY Growth ($ Millions)
Figure Digital Twin Consumed in Automotive & Transportation
Figure Global Digital Twin Market: Automotive & Transportation (2013-2018) ($ Millions)
Figure Global Automotive & Transportation YoY Growth ($ Millions)
Figure Digital Twin Consumed in Machine Manufacturing
Figure Global Digital Twin Market: Machine Manufacturing (2013-2018) ($ Millions)
Figure Global Machine Manufacturing YoY Growth ($ Millions)
Figure Digital Twin Consumed in Energy & Utilities
Figure Global Digital Twin Market: Energy & Utilities (2013-2018) ($ Millions)
Figure Global Energy & Utilities YoY Growth ($ Millions)
Figure Digital Twin Consumed in Others
Figure Global Digital Twin Market: Others (2013-2018) ($ Millions)
Figure Global Others YoY Growth ($ Millions)
Table Global Digital Twin Market Size by Application (2013-2018) ($ Millions)
Table Global Digital Twin Market Size Market Share by Application (2013-2018)
Figure Global Digital Twin Market Size Market Share by Application (2013-2018)
Figure Global Digital Twin Market Size in Aerospace & Defense Growth Rate
Figure Global Digital Twin Market Size in Automotive & Transportation Growth Rate
Figure Global Digital Twin Market Size in Machine Manufacturing Growth Rate
Figure Global Digital Twin Market Size in Energy & Utilities Growth Rate
Figure Global Digital Twin Market Size in Others Growth Rate
Table Global Digital Twin Revenue by Players (2016-2018) ($ Millions)
Table Global Digital Twin Revenue Market Share by Players (2016-2018)
Figure Global Digital Twin Revenue Market Share by Players in 2017
Table Global Digital Twin Key Players Head office and Products Offered
Table Digital Twin Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
Table Global Digital Twin Market Size by Regions 2013-2018 ($ Millions)
Table Global Digital Twin Market Size Market Share by Regions 2013-2018
Figure Global Digital Twin Market Size Market Share by Regions 2013-2018
Figure Americas Digital Twin Market Size 2013-2018 ($ Millions)
Figure APAC Digital Twin Market Size 2013-2018 ($ Millions)
Figure Europe Digital Twin Market Size 2013-2018 ($ Millions)
Figure Middle East & Africa Digital Twin Market Size 2013-2018 ($ Millions)
Table Americas Digital Twin Market Size by Countries (2013-2018) ($ Millions)
Table Americas Digital Twin Market Size Market Share by Countries (2013-2018)
Figure Americas Digital Twin Market Size Market Share by Countries in 2017
Table Americas Digital Twin Market Size by Type (2013-2018) ($ Millions)
Table Americas Digital Twin Market Size Market Share by Type (2013-2018)
Figure Americas Digital Twin Market Size Market Share by Type in 2017
Table Americas Digital Twin Market Size by Application (2013-2018) ($ Millions)
Table Americas Digital Twin Market Size Market Share by Application (2013-2018)
Figure Americas Digital Twin Market Size Market Share by Application in 2017
Figure United States Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Canada Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Mexico Digital Twin Market Size Growth 2013-2018 ($ Millions)
Table APAC Digital Twin Market Size by Countries (2013-2018) ($ Millions)
Table APAC Digital Twin Market Size Market Share by Countries (2013-2018)
Figure APAC Digital Twin Market Size Market Share by Countries in 2017
Table APAC Digital Twin Market Size by Type (2013-2018) ($ Millions)
Table APAC Digital Twin Market Size Market Share by Type (2013-2018)
Figure APAC Digital Twin Market Size Market Share by Type in 2017
Table APAC Digital Twin Market Size by Application (2013-2018) ($ Millions)
Table APAC Digital Twin Market Size Market Share by Application (2013-2018)
Figure APAC Digital Twin Market Size Market Share by Application in 2017
Figure China Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Japan Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Korea Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Southeast Asia Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure India Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Australia Digital Twin Market Size Growth 2013-2018 ($ Millions)
Table Europe Digital Twin Market Size by Countries (2013-2018) ($ Millions)
Table Europe Digital Twin Market Size Market Share by Countries (2013-2018)
Figure Europe Digital Twin Market Size Market Share by Countries in 2017
Table Europe Digital Twin Market Size by Type (2013-2018) ($ Millions)
Table Europe Digital Twin Market Size Market Share by Type (2013-2018)
Figure Europe Digital Twin Market Size Market Share by Type in 2017
Table Europe Digital Twin Market Size by Application (2013-2018) ($ Millions)
Table Europe Digital Twin Market Size Market Share by Application (2013-2018)
Figure Europe Digital Twin Market Size Market Share by Application in 2017
Figure Germany Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure France Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure UK Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Italy Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Russia Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Spain Digital Twin Market Size Growth 2013-2018 ($ Millions)
Table Middle East & Africa Digital Twin Market Size by Countries (2013-2018) ($ Millions)
Table Middle East & Africa Digital Twin Market Size Market Share by Countries (2013-2018)
Figure Middle East & Africa Digital Twin Market Size Market Share by Countries in 2017
Table Middle East & Africa Digital Twin Market Size by Type (2013-2018) ($ Millions)
Table Middle East & Africa Digital Twin Market Size Market Share by Type (2013-2018)
Figure Middle East & Africa Digital Twin Market Size Market Share by Type in 2017
Table Middle East & Africa Digital Twin Market Size by Application (2013-2018) ($ Millions)
Table Middle East & Africa Digital Twin Market Size Market Share by Application (2013-2018)
Figure Middle East & Africa Digital Twin Market Size Market Share by Application in 2017
Figure Egypt Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure South Africa Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Israel Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Turkey Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure GCC Countries Digital Twin Market Size Growth 2013-2018 ($ Millions)
Figure Global Digital Twin arket Size Forecast (2018-2023) ($ Millions)
Table Global Digital Twin Market Size Forecast by Regions (2018-2023) ($ Millions)
Table Global Digital Twin Market Size Market Share Forecast by Regions
Figure Americas Digital Twin Market Size 2018-2023 ($ Millions)
Figure APAC Digital Twin Market Size 2018-2023 ($ Millions)
Figure Europe Digital Twin Market Size 2018-2023 ($ Millions)
Figure Middle East & Africa Digital Twin Market Size 2018-2023 ($ Millions)
Figure United States Digital Twin Market Size 2018-2023 ($ Millions)
Figure Canada Digital Twin Market Size 2018-2023 ($ Millions)
Figure Mexico Digital Twin Market Size 2018-2023 ($ Millions)
Figure Brazil Digital Twin Market Size 2018-2023 ($ Millions)
Figure China Digital Twin Market Size 2018-2023 ($ Millions)
Figure Japan Digital Twin Market Size 2018-2023 ($ Millions)
Figure Korea Digital Twin Market Size 2018-2023 ($ Millions)
Figure Southeast Asia Digital Twin Market Size 2018-2023 ($ Millions)
Figure India Digital Twin Market Size 2018-2023 ($ Millions)
Figure Australia Digital Twin Market Size 2018-2023 ($ Millions)
Figure Germany Digital Twin Market Size 2018-2023 ($ Millions)
Figure France Digital Twin Market Size 2018-2023 ($ Millions)
Figure UK Digital Twin Market Size 2018-2023 ($ Millions)
Figure Italy Digital Twin Market Size 2018-2023 ($ Millions)
Figure Russia Digital Twin Market Size 2018-2023 ($ Millions)
Figure Spain Digital Twin Market Size 2018-2023 ($ Millions)
Figure Egypt Digital Twin Market Size 2018-2023 ($ Millions)
Figure South Africa Digital Twin Market Size 2018-2023 ($ Millions)
Figure Israel Digital Twin Market Size 2018-2023 ($ Millions)
Figure Turkey Digital Twin Market Size 2018-2023 ($ Millions)
Figure GCC Countries Digital Twin Market Size 2018-2023 ($ Millions)
Table Global Digital Twin Market Size Forecast by Type (2018-2023) ($ Millions)
Table Global Digital Twin Market Size Market Share Forecast by Type (2018-2023)
Table Global Digital Twin Market Size Forecast by Application (2018-2023) ($ Millions)
Table Global Digital Twin Market Size Market Share Forecast by Application (2018-2023)
Table General Electric Basic Information, Head Office, Major Market Areas and Its Competitors
Table General Electric Digital Twin Revenue and Gross Margin (2016-2018)
Figure General Electric Digital Twin Market Share (2016-2018)
Table PTC Basic Information, Head Office, Major Market Areas and Its Competitors
Table PTC Digital Twin Revenue and Gross Margin (2016-2018)
Figure PTC Digital Twin Market Share (2016-2018)
Table Siemens Basic Information, Head Office, Major Market Areas and Its Competitors
Table Siemens Digital Twin Revenue and Gross Margin (2016-2018)
Figure Siemens Digital Twin Market Share (2016-2018)
Table Dassault Systèmes Basic Information, Head Office, Major Market Areas and Its Competitors
Table Dassault Systèmes Digital Twin Revenue and Gross Margin (2016-2018)
Figure Dassault Systèmes Digital Twin Market Share (2016-2018)
Table IBM Corporation Basic Information, Head Office, Major Market Areas and Its Competitors
Table IBM Corporation Digital Twin Revenue and Gross Margin (2016-2018)
Figure IBM Corporation Digital Twin Market Share (2016-2018)
Table ANSYS Basic Information, Head Office, Major Market Areas and Its Competitors
Table ANSYS Digital Twin Revenue and Gross Margin (2016-2018)
Figure ANSYS Digital Twin Market Share (2016-2018)
Table Microsoft Corporation Basic Information, Head Office, Major Market Areas and Its Competitors
Table Microsoft Corporation Digital Twin Revenue and Gross Margin (2016-2018)
Figure Microsoft Corporation Digital Twin Market Share (2016-2018)
Table Oracle Corporation Basic Information, Head Office, Major Market Areas and Its Competitors
Table Oracle Corporation Digital Twin Revenue and Gross Margin (2016-2018)
Figure Oracle Corporation Digital Twin Market Share (2016-2018)