Digital Twin Market Size, Share & Trends Analysis Report By End-use (Manufacturing, Agriculture), By Solution (Component, Process, System), By Region, And Segment Forecasts, 2023 - 2030
This report can be delivered to the clients within 3 Business Days
Digital Twin Market Growth & Trends
The global digital twin market size is projected to reach USD 155.83 billion by 2030, registering a CAGR of 37.5% from 2023 to 2030, according to a new study by Grand View Research Inc. Digital twin technologies were primarily developed and deployed in manufacturing, aerospace, and automotive sectors for designing and simulating component and system twins. However, the rising need for virtualization and automation as well as the emergence of technologies such as the Internet of Things (IoT) and artificial intelligence has opened up new avenues for digital twin solution providers across industries such as retail, real estate, banking and finance, and healthcare, thereby driving the market growth.
Digital twins enable enterprises to create virtual representations of their existing workflow patterns, which can be then observed and optimized to reduce operational costs. The retail and residential sectors are expected to witness increased adoption of digital twin technologies with an increasing focus on optimizing vendor-to-customer supply chains, sales forecasts, and the development of smart city projects. The emergence of such varied applications has increased the demand for tailor-made solutions across end-use industries to address specific requirements, which is anticipated to fuel market growth.
The COVID-19 pandemic has expedited the adoption of digital twin technology across several industries owing to social distancing norms in place. As offices are on the verge of reopening, several firms are expected to adopt the technology to facilitate employee safety by creating digital twins of workplaces and modifying furniture, workplaces, and sitting arrangements, among other applications. Additionally, the healthcare sector has witnessed a surge in the adoption of digital twin technology to create virtual replicas of infected patients and use them for future research. For instance, in May 2021, Dell Technologies partnered with i2b2 tranSMART Foundation to create digital twins using de-identified patient data. The digital twin is then expected to help researchers perform innumerable treatment simulations for future treatments, which may help mitigate the spread of the disease.
Digital Twin Market Report Highlights
Digital Twin Market Growth & Trends
The global digital twin market size is projected to reach USD 155.83 billion by 2030, registering a CAGR of 37.5% from 2023 to 2030, according to a new study by Grand View Research Inc. Digital twin technologies were primarily developed and deployed in manufacturing, aerospace, and automotive sectors for designing and simulating component and system twins. However, the rising need for virtualization and automation as well as the emergence of technologies such as the Internet of Things (IoT) and artificial intelligence has opened up new avenues for digital twin solution providers across industries such as retail, real estate, banking and finance, and healthcare, thereby driving the market growth.
Digital twins enable enterprises to create virtual representations of their existing workflow patterns, which can be then observed and optimized to reduce operational costs. The retail and residential sectors are expected to witness increased adoption of digital twin technologies with an increasing focus on optimizing vendor-to-customer supply chains, sales forecasts, and the development of smart city projects. The emergence of such varied applications has increased the demand for tailor-made solutions across end-use industries to address specific requirements, which is anticipated to fuel market growth.
The COVID-19 pandemic has expedited the adoption of digital twin technology across several industries owing to social distancing norms in place. As offices are on the verge of reopening, several firms are expected to adopt the technology to facilitate employee safety by creating digital twins of workplaces and modifying furniture, workplaces, and sitting arrangements, among other applications. Additionally, the healthcare sector has witnessed a surge in the adoption of digital twin technology to create virtual replicas of infected patients and use them for future research. For instance, in May 2021, Dell Technologies partnered with i2b2 tranSMART Foundation to create digital twins using de-identified patient data. The digital twin is then expected to help researchers perform innumerable treatment simulations for future treatments, which may help mitigate the spread of the disease.
Digital Twin Market Report Highlights
- In terms of end use, the automotive & transport sector is expected to register the fastest growth rate of more than 40% during the forecast period. Increasing developments in electric and connected vehicles are the prime factors driving the adoption of digital twin technology in the automotive sector
- In terms of solutions, the system segment held the highest revenue share of more than 42% in 2022. The high deployment of digital twins in the automotive, manufacturing, and aerospace sectors to enhance existing engine models and manufacturing lines can be attributed to the segment’s high market share
- Asia Pacific is expected to register the fastest growth in the forecast period owing to the presence of well-established automotive and manufacturing industries and the rising proliferation of connected devices
- Key players in the market are adopting inorganic strategies to acquire a larger market share and kill competition. For instance, in April 2021, Hexagon AB acquired CADLM, a design software company based in Wissous, France. The acquisition was aimed at leveraging CADLM’s technology and expertise in AI to enhance Hexagon AB’s Smart Manufacturing autonomous and digital twin capabilities. Furthermore, manufacturers would also be able to use digital twin for image recognition, predictive simulation, and fault prediction to address issues with downtime, quality, and flexibility throughout the manufacturing process
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Methodology Segmentation & Scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. GVR’s internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Digital Twin Market - Industry Snapshot & Key Buying Criteria, 2018 - 2030
CHAPTER 3. DIGITAL TWIN MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis - Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.6. COVID-19 Impact Analysis
CHAPTER 4. DIGITAL TWIN MARKET PRODUCT OUTLOOK
4.1. Digital Twin Market Share by Product, 2022 & 2030 (USD Million)
4.2. Manufacturing
4.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. Agriculture
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.4. Automotive & Transport
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.5. Energy & Utilities
4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.6. Healthcare & Lifesciences
4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.7. Residential & Commercial
4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.8. Retail & Consumer Goods
4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.8.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.9. Aerospace
4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.9.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.10. Telecommunication
4.10.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.10.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.11. Others
4.11.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.11.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
CHAPTER 5. DIGITAL TWIN MARKET SOLUTION OUTLOOK
5.1. Digital Twin Market Share by Solution, 2022 & 2030 (USD Million)
5.2. Component
5.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
5.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.3. System
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.4. Process
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
CHAPTER 6. DIGITAL TWIN MARKET: REGIONAL OUTLOOK
6.1. Digital Twin Market Share by Region, 2022 & 2030 (USD Million)
6.2. North America
6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.2.5. Canada
6.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.4. U.K.
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.5. Germany
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.6. France
6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.7. Rest of Europe
6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.7.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.7.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.4. China
6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.5. India
6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.6. Rest of Asia Pacific
6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.4. Brazil
6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.5. Mexico
6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.6. Rest of Latin America
6.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.6. Middle East & Africa
6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. ABB
7.1.1. Company overview
7.1.2. Financial performance
7.1.3. Product benchmarking
7.1.4. Recent developments
7.2. AVEVA Group PLC
7.2.1. Company overview
7.2.2. Financial performance
7.2.3. Product benchmarking
7.2.4. Recent developments
7.3. Dassault Systems
7.3.1. Company overview
7.3.2. Financial performance
7.3.3. Product benchmarking
7.3.4. Recent developments
7.4. General Electric
7.4.1. Company overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.4. Recent developments
7.5. Hexagon AB
7.5.1. Company overview
7.5.2. Financial performance
7.5.3. Product benchmarking
7.5.4. Recent developments
7.6. IBM Corporation
7.6.1. Company overview
7.6.2. Financial performance
7.6.3. Product benchmarking
7.6.4. Recent developments
7.7. Microsoft Corporation
7.7.1. Company overview
7.7.2. Financial performance
7.7.3. Product benchmarking
7.7.4. Recent developmentsDaiichi J
7.8. PTC
7.8.1. Company overview
7.8.2. Financial performance
7.8.3. Product benchmarking
7.8.4. Recent developments
7.9. SAP
7.9.1. Company overview
7.9.2. Financial performance
7.9.3. Product benchmarking
7.9.4. Recent developments
7.10. Siemens AG
7.10.1. Company overview
7.10.2. Financial performance
7.10.3. Product benchmarking
7.10.4. Recent developments
1.1. Methodology Segmentation & Scope
1.2. Information procurement
1.2.1. Purchased database
1.2.2. GVR’s internal database
1.2.3. Secondary sources & third-party perspectives
1.2.4. Primary research
1.3. Information analysis
1.3.1. Data analysis models
1.4. Market formulation & data visualization
1.5. Data validation & publishing
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Digital Twin Market - Industry Snapshot & Key Buying Criteria, 2018 - 2030
CHAPTER 3. DIGITAL TWIN MARKET VARIABLES, TRENDS & SCOPE
3.1. Market Size and Growth Prospects, 2018 - 2030
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint/Challenge Analysis
3.3.3. Market Opportunity Analysis
3.4. Penetration & Growth Prospect Mapping (Key Opportunities Prioritized)
3.5. Business Environment Analysis Tools
3.5.1. Industry Analysis - Porter's Five Forces Analysis
3.5.2. PEST Analysis
3.6. COVID-19 Impact Analysis
CHAPTER 4. DIGITAL TWIN MARKET PRODUCT OUTLOOK
4.1. Digital Twin Market Share by Product, 2022 & 2030 (USD Million)
4.2. Manufacturing
4.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
4.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.3. Agriculture
4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.4. Automotive & Transport
4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.5. Energy & Utilities
4.5.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.6. Healthcare & Lifesciences
4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.6.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.7. Residential & Commercial
4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.7.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.8. Retail & Consumer Goods
4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.8.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.9. Aerospace
4.9.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.9.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.10. Telecommunication
4.10.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.10.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
4.11. Others
4.11.1. Market estimates and forecast, 2018 - 2030 (USD Million)
4.11.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
CHAPTER 5. DIGITAL TWIN MARKET SOLUTION OUTLOOK
5.1. Digital Twin Market Share by Solution, 2022 & 2030 (USD Million)
5.2. Component
5.2.1. Market Size Estimates and Forecasts, 2018 - 2030 (USD Million)
5.2.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.3. System
5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.3.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
5.4. Process
5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
5.4.2. Market estimates and forecast by region, 2018 - 2030 (USD Million)
CHAPTER 6. DIGITAL TWIN MARKET: REGIONAL OUTLOOK
6.1. Digital Twin Market Share by Region, 2022 & 2030 (USD Million)
6.2. North America
6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.2.4. U.S.
6.2.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.2.5. Canada
6.2.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.2.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.2.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.4. U.K.
6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.5. Germany
6.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.6. France
6.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.3.7. Rest of Europe
6.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.3.7.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.3.7.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.4. China
6.4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.5. India
6.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.4.6. Rest of Asia Pacific
6.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.4.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.4.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.4. Brazil
6.5.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.4.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.4.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.5. Mexico
6.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.5.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.5.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.5.6. Rest of Latin America
6.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.5.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.5.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
6.6. Middle East & Africa
6.6.1. Market estimates and forecast, 2018 - 2030 (USD Million)
6.6.2. Market estimates and forecast by end-use, 2018 - 2030 (USD Million)
6.6.3. Market estimates and forecast by solution, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. ABB
7.1.1. Company overview
7.1.2. Financial performance
7.1.3. Product benchmarking
7.1.4. Recent developments
7.2. AVEVA Group PLC
7.2.1. Company overview
7.2.2. Financial performance
7.2.3. Product benchmarking
7.2.4. Recent developments
7.3. Dassault Systems
7.3.1. Company overview
7.3.2. Financial performance
7.3.3. Product benchmarking
7.3.4. Recent developments
7.4. General Electric
7.4.1. Company overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.4. Recent developments
7.5. Hexagon AB
7.5.1. Company overview
7.5.2. Financial performance
7.5.3. Product benchmarking
7.5.4. Recent developments
7.6. IBM Corporation
7.6.1. Company overview
7.6.2. Financial performance
7.6.3. Product benchmarking
7.6.4. Recent developments
7.7. Microsoft Corporation
7.7.1. Company overview
7.7.2. Financial performance
7.7.3. Product benchmarking
7.7.4. Recent developmentsDaiichi J
7.8. PTC
7.8.1. Company overview
7.8.2. Financial performance
7.8.3. Product benchmarking
7.8.4. Recent developments
7.9. SAP
7.9.1. Company overview
7.9.2. Financial performance
7.9.3. Product benchmarking
7.9.4. Recent developments
7.10. Siemens AG
7.10.1. Company overview
7.10.2. Financial performance
7.10.3. Product benchmarking
7.10.4. Recent developments
LIST OF TABLES
Table 1 Digital twin market, 2018 - 2030 (USD Million)
Table 2 Global digital twin market, by region, 2018 - 2030 (USD Million)
Table 3 Global digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 4 Global digital twin market, by solution, 2018 - 2030 (USD Million)
Table 5 Manufacturing market, 2018 - 2030 (USD Million)
Table 6 Manufacturing market, by region, 2018 - 2030 (USD Million)
Table 7 Agriculture market, 2018 - 2030 (USD Million)
Table 8 Agriculture market, by region, 2018 - 2030 (USD Million)
Table 9 Automotive & Transport market, 2018 - 2030 (USD Million)
Table 10 Automotive & Transport market, by region, 2018 - 2030 (USD Million)
Table 11 Energy & Utilities market, 2018 - 2030 (USD Million)
Table 12 Energy & Utilities market, by region, 2018 - 2030 (USD Million)
Table 13 Healthcare & Life Sciences market, 2018 - 2030 (USD Million)
Table 14 Healthcare & Life Sciences market, by region, 2018 - 2030 (USD Million)
Table 15 Residential & Commercial market, 2018 - 2030 (USD Million)
Table 16 Residential & Commercial market, by region, 2018 - 2030 (USD Million)
Table 17 Retail & Consumer Goods market, 2018 - 2030 (USD Million)
Table 18 Retail & Consumer Goods market, by region, 2018 - 2030 (USD Million)
Table 19 Retail & Consumer Goods market, 2018 - 2030 (USD Million)
Table 20 Aerospace market, by region, 2018 - 2030 (USD Million)
Table 21 Telecommunication market, 2018 - 2030 (USD Million)
Table 22 Telecommunication market, by region, 2018 - 2030 (USD Million)
Table 23 Others market, 2018 - 2030 (USD Million)
Table 24 Others market, by region, 2018 - 2030 (USD Million)
Table 25 Component market, 2018 - 2030 (USD Million)
Table 26 Component market, by region, 2018 - 2030 (USD Million)
Table 27 Process market, 2018 - 2030 (USD Million)
Table 28 Process market, by region, 2018 - 2030 (USD Million)
Table 29 System market, 2018 - 2030 (USD Million)
Table 30 System market, by region, 2018 - 2030 (USD Million)
Table 31 North America digital twin market, 2018 - 2030 (USD Million)
Table 32 North America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 33 North America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 34 U.S. Digital twin market, 2018 - 2030 (USD Million)
Table 35 U.S. digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 36 U.S. digital twin market, by solution, 2018 - 2030 (USD Million)
Table 37 Canada digital twin market, 2018 - 2030 (USD Million)
Table 38 Canada digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 39 Canada digital twin market, by solution, 2018 - 2030 (USD Million)
Table 40 Europe digital twin market, 2018 - 2030 (USD Million)
Table 41 Europe digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 42 Europe digital twin market, by solution, 2018 - 2030 (USD Million)
Table 43 U.K. digital twin market, 2018 - 2030 (USD Million)
Table 44 U.K. digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 45 U.K. digital twin market, by solution, 2018 - 2030 (USD Million)
Table 46 Germany digital twin market, 2018 - 2030 (USD Million)
Table 47 Germany digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 48 Germany digital twin market, by solution, 2018 - 2030 (USD Million)
Table 49 France digital twin market, 2018 - 2030 (USD Million)
Table 50 France digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 51 France digital twin market, by solution, 2018 - 2030 (USD Million)
Table 52 Rest of Europe digital twin market, 2018 - 2030 (USD Million)
Table 53 Rest of Europe digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 54 Rest of Europe digital twin market, by solution, 2018 - 2030 (USD Million)
Table 55 Asia Pacific digital twin market, 2018 - 2030 (USD Million)
Table 56 Asia Pacific digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 57 Asia Pacific digital twin market, by solution, 2018 - 2030 (USD Million)
Table 58 China Digital twin market, 2018 - 2030 (USD Million)
Table 59 China digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 60 China digital twin market, by solution, 2018 - 2030 (USD Million)
Table 61 India digital twin market, 2018 - 2030 (USD Million)
Table 62 India digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 63 India digital twin market, by solution, 2018 - 2030 (USD Million)
Table 64 Japan digital twin market, 2018 - 2030 (USD Million)
Table 65 Japan digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 66 Japan digital twin market, by solution, 2018 - 2030 (USD Million)
Table 67 Rest of Asia Pacific digital twin market, 2018 - 2030 (USD Million)
Table 68 Rest of Asia Pacific digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 69 Rest of Asia Pacific digital twin market, by solution, 2018 - 2030 (USD Million)
Table 70 Latin America digital twin market, 2018 - 2030 (USD Million
Table 71 Latin America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 72 Latin America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 73 Brazil digital twin market, 2018 - 2030 (USD Million)
Table 74 Brazil digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 75 Brazil digital twin market, by solution, 2018 - 2030 (USD Million)
Table 76 Mexico digital twin market, 2018 - 2030 (USD Million)
Table 77 Mexico digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 78 Mexico digital twin market, by solution, 2018 - 2030 (USD Million)
Table 79 Rest of Latin America digital twin market, 2018 - 2030 (USD Million)
Table 80 Rest of Latin America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 81 Rest of Latin America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 82 Middle East & Africa digital twin market, 2018 - 2030 (USD Million)
Table 83 Middle East & Africa digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 84 Middle East & Africa digital twin market, by solution, 2018 - 2030 (USD Million)
Table 1 Digital twin market, 2018 - 2030 (USD Million)
Table 2 Global digital twin market, by region, 2018 - 2030 (USD Million)
Table 3 Global digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 4 Global digital twin market, by solution, 2018 - 2030 (USD Million)
Table 5 Manufacturing market, 2018 - 2030 (USD Million)
Table 6 Manufacturing market, by region, 2018 - 2030 (USD Million)
Table 7 Agriculture market, 2018 - 2030 (USD Million)
Table 8 Agriculture market, by region, 2018 - 2030 (USD Million)
Table 9 Automotive & Transport market, 2018 - 2030 (USD Million)
Table 10 Automotive & Transport market, by region, 2018 - 2030 (USD Million)
Table 11 Energy & Utilities market, 2018 - 2030 (USD Million)
Table 12 Energy & Utilities market, by region, 2018 - 2030 (USD Million)
Table 13 Healthcare & Life Sciences market, 2018 - 2030 (USD Million)
Table 14 Healthcare & Life Sciences market, by region, 2018 - 2030 (USD Million)
Table 15 Residential & Commercial market, 2018 - 2030 (USD Million)
Table 16 Residential & Commercial market, by region, 2018 - 2030 (USD Million)
Table 17 Retail & Consumer Goods market, 2018 - 2030 (USD Million)
Table 18 Retail & Consumer Goods market, by region, 2018 - 2030 (USD Million)
Table 19 Retail & Consumer Goods market, 2018 - 2030 (USD Million)
Table 20 Aerospace market, by region, 2018 - 2030 (USD Million)
Table 21 Telecommunication market, 2018 - 2030 (USD Million)
Table 22 Telecommunication market, by region, 2018 - 2030 (USD Million)
Table 23 Others market, 2018 - 2030 (USD Million)
Table 24 Others market, by region, 2018 - 2030 (USD Million)
Table 25 Component market, 2018 - 2030 (USD Million)
Table 26 Component market, by region, 2018 - 2030 (USD Million)
Table 27 Process market, 2018 - 2030 (USD Million)
Table 28 Process market, by region, 2018 - 2030 (USD Million)
Table 29 System market, 2018 - 2030 (USD Million)
Table 30 System market, by region, 2018 - 2030 (USD Million)
Table 31 North America digital twin market, 2018 - 2030 (USD Million)
Table 32 North America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 33 North America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 34 U.S. Digital twin market, 2018 - 2030 (USD Million)
Table 35 U.S. digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 36 U.S. digital twin market, by solution, 2018 - 2030 (USD Million)
Table 37 Canada digital twin market, 2018 - 2030 (USD Million)
Table 38 Canada digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 39 Canada digital twin market, by solution, 2018 - 2030 (USD Million)
Table 40 Europe digital twin market, 2018 - 2030 (USD Million)
Table 41 Europe digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 42 Europe digital twin market, by solution, 2018 - 2030 (USD Million)
Table 43 U.K. digital twin market, 2018 - 2030 (USD Million)
Table 44 U.K. digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 45 U.K. digital twin market, by solution, 2018 - 2030 (USD Million)
Table 46 Germany digital twin market, 2018 - 2030 (USD Million)
Table 47 Germany digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 48 Germany digital twin market, by solution, 2018 - 2030 (USD Million)
Table 49 France digital twin market, 2018 - 2030 (USD Million)
Table 50 France digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 51 France digital twin market, by solution, 2018 - 2030 (USD Million)
Table 52 Rest of Europe digital twin market, 2018 - 2030 (USD Million)
Table 53 Rest of Europe digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 54 Rest of Europe digital twin market, by solution, 2018 - 2030 (USD Million)
Table 55 Asia Pacific digital twin market, 2018 - 2030 (USD Million)
Table 56 Asia Pacific digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 57 Asia Pacific digital twin market, by solution, 2018 - 2030 (USD Million)
Table 58 China Digital twin market, 2018 - 2030 (USD Million)
Table 59 China digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 60 China digital twin market, by solution, 2018 - 2030 (USD Million)
Table 61 India digital twin market, 2018 - 2030 (USD Million)
Table 62 India digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 63 India digital twin market, by solution, 2018 - 2030 (USD Million)
Table 64 Japan digital twin market, 2018 - 2030 (USD Million)
Table 65 Japan digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 66 Japan digital twin market, by solution, 2018 - 2030 (USD Million)
Table 67 Rest of Asia Pacific digital twin market, 2018 - 2030 (USD Million)
Table 68 Rest of Asia Pacific digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 69 Rest of Asia Pacific digital twin market, by solution, 2018 - 2030 (USD Million)
Table 70 Latin America digital twin market, 2018 - 2030 (USD Million
Table 71 Latin America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 72 Latin America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 73 Brazil digital twin market, 2018 - 2030 (USD Million)
Table 74 Brazil digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 75 Brazil digital twin market, by solution, 2018 - 2030 (USD Million)
Table 76 Mexico digital twin market, 2018 - 2030 (USD Million)
Table 77 Mexico digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 78 Mexico digital twin market, by solution, 2018 - 2030 (USD Million)
Table 79 Rest of Latin America digital twin market, 2018 - 2030 (USD Million)
Table 80 Rest of Latin America digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 81 Rest of Latin America digital twin market, by solution, 2018 - 2030 (USD Million)
Table 82 Middle East & Africa digital twin market, 2018 - 2030 (USD Million)
Table 83 Middle East & Africa digital twin market, by end-use, 2018 - 2030 (USD Million)
Table 84 Middle East & Africa digital twin market, by solution, 2018 - 2030 (USD Million)
LIST OF FIGURES
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market formulation and data visualization
Fig. 6 Industry Snapshot
Fig. 2 Industry value chain analysis
Fig. 7 Industry Analysis-Porter’s
Fig. 8 PEST Analysis
Fig. 9 Digital twin market, by end-use, key takeaways (USD Million)
Fig. 10 Digital twin market, by solution, key takeaways (USD Million)
Fig. 11 Regional market size estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 12 North America digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 13 Europe digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 14 Asia Pacific digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 15 Latin America digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 16 Middle East & Africa digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 1 Market segmentation & scope
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Market formulation and data visualization
Fig. 6 Industry Snapshot
Fig. 2 Industry value chain analysis
Fig. 7 Industry Analysis-Porter’s
Fig. 8 PEST Analysis
Fig. 9 Digital twin market, by end-use, key takeaways (USD Million)
Fig. 10 Digital twin market, by solution, key takeaways (USD Million)
Fig. 11 Regional market size estimates & forecasts, 2018 - 2030 (USD Million)
Fig. 12 North America digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 13 Europe digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 14 Asia Pacific digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 15 Latin America digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
Fig. 16 Middle East & Africa digital twin market outlook and market share by country, 2022 & 2030 (USD Million)
