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Digital Twin Market by Top Key Players - General Electric, PTC, Siemens, Dassault Systemes, IBM, ANSYS

10-12-2018 07:03 PM CET | IT, New Media & Software

Press release from: Research Beam

Digital Twin

Digital Twin

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.

Digital Twin Market -related information is not an enormously chancy assignment. It is the assignment of sieving through the futile parts and accumulating proper data that really matters or can irradiate a business issue nearby. The lack of committed assets for undertaking balanced research that outcomes in the gathering of the most profitable information are a standout amongst the most widely recognized weaknesses of incoming research exercises.

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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.

The key players covered in this study: General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation

Reports publicizes a new report titled as Digital Twin into its massive depository of reports. The circulation converses about the modest drivers that are impelling the development of the business and the troubles rising against the market by large. It also includes the crucial outlines that are trending in the market. The report has been examined with the contribution of industry experts.

The report illustrates a thorough overview of the current state of Digital Twin with details like, functioning and designing, process involved in its manufacturing, availability in the market and its potential on the import, export and global sales of this popular product. In today’s global economic environment, it is very important for organizations to have an associated view of the data across the globe.

Market segment by Type, the product can be split into
• Parts Twin
• Product Twin
• Process Twin
• System Twin

Market segment by Application, split into
• Aerospace & Defense
• Automotive & Transportation
• Machine Manufacturing
• Energy & Utilities
• Others

Market segment by Regions/Countries, this report covers
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
• Central & South America

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The study objectives are:
• To analyze global Digital Twin status, future forecast, growth opportunity, key market and key players.
• To present the Digital Twin development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Digital Twin are as follows:
• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

Table of Content
Global Digital Twin Market Insights, Forecast to 2025
1 Study Coverage
2 Executive Summary
3 Market Size by Manufacturers
4 Digital Twin Production by Regions
5 Digital Twin Consumption by Regions
6 Market Size by Type
7 Market Size by Application
8 Manufacturers Profiles
9 Production Forecasts
10 Consumption Forecast
11 Value Chain and Sales Channels Analysis
12 Market Opportunities & Challenges, Risks and Influences Factors Analysis
13 Key Findings in the Global Digital Twin Study
14 Appendix

Access full report Description, TOC and Table of Figure @: https://www.researchbeam.com/global-digital-twin-market-size-status-and-forecast-2018-2025-market

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