Press release
Global Digital Twin market to hit 13800 million US$ by 2025, Says QY Research
Global Digital Twin market
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.
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.
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In 2018, the global Digital Twin market size was 1240 million US$ and it is expected to reach 13800 million US$ by the end of 2025, with a CAGR of 35.1% between 2019 and 2025.
This report studies the Digital Twin market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
This report focuses on the global top players, covered
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Parts Twin
Product Twin
Process Twin
System Twin
Market segment by Application, the market can be split into
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Get Complete Report in your Inbox within 24 hours ($3350): https://www.qyresearch.com/settlement/pre/60b014968a76e1499a2d576a87556da5,0,1,Global%20Digital%20Twin%20Market%20Report,%20History%20and%20Forecast%202014-2025,%20Breakdown%20Data%20by%20Companies,%20Key%20Regions,%20Types%20and%20Application
The study objectives of this report are:
To study and analyze the global Digital Twin market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Digital Twin market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Digital Twin manufacturers, to define, describe and analyze the sales volume, 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 project the value and volume 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.
In this study, the years considered to estimate the market size of Digital Twin are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Digital Twin market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global GaN Devices market Report: https://www.qyresearch.com/index/detail/1089947/global-digital-twin-market
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Digital Twin market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
About Us:
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from the huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become a brand of quality assurance in the consulting industry.
Contact us,
QY Research, INC.
17890 Castleton, Suite 218,
Los Angeles, CA 91748
USA: +1 6264 288 800
India: +91 9766 478 224
Emails: enquiry@qyresearch.com
Web: www.qyresearch.com
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