Digital Twin Market 2023 – By Manufacturers General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS

ReportsWeb Adds “Global Digital Twin Market” offers an up-to-date analysis of the market with regards to the innovations, current competitive landscape and latest trends and drivers, to provide new predictions for the forecast period.

This report studies the global Digital Twin market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Digital Twin market by companies, region, type and end-use industry.

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.

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Companies Profiled in this report includes: General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation

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%.

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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.

In 2017, the global Digital Twin market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

The study objectives of this report are:
To study and forecast the market size of Digital Twin in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
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.

Table of Content:

Global Digital Twin Market Size, Status and Forecast 2025

1 Industry Overview of Digital Twin

2 Global Digital Twin Competition Analysis by Players

3 Company (Top Players) Profiles

3.1 General Electric

3.1.1 Company Profile

3.1.2 Main Business/Business Overview

3.1.3 Products, Services and Solutions

3.1.4 Digital Twin Revenue (Million USD) (2013-2018)

3.2 PTC

3.2.1 Company Profile

3.2.2 Main Business/Business Overview

3.2.3 Products, Services and Solutions

3.2.4 Digital Twin Revenue (Million USD) (2013-2018)

3.3 Siemens

3.3.1 Company Profile

3.3.2 Main Business/Business Overview

3.3.3 Products, Services and Solutions

3.3.4 Digital Twin Revenue (Million USD) (2013-2018)

4 Global Digital Twin Market Size by Type and Application (2013-2018)

5 United States Digital Twin Development Status and Outlook

6 Europe Digital Twin Development Status and Outlook

7 China Digital Twin Development Status and Outlook

8 Japan Digital Twin Development Status and Outlook

9 Southeast Asia Digital Twin Development Status and Outlook

10 India Digital Twin Development Status and Outlook

11 Market Forecast by Regions, Type and Application (2018-2025)

12 Digital Twin Market Dynamics

13 Market Effect Factors Analysis

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