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Industry 4.0 Market 2020 || GENERAL ELECTRIC, Zebra Technologies Corp., General Vision

08-26-2020 05:13 PM CET | IT, New Media & Software

Press release from: Data Bridge Market Research

Industry 4.0 Market

Industry 4.0 Market

Global industry 4.0 market is set to witness a growing healthy CAGR of 15.35% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to the surge in the awareness among people concerning the advantages of using industry 4.0 is contributing to the market growth. Few of the major competitors currently working in the global industry 4.0 market are Siemens, CISCO SYSTEMS INC., SAP SE, Intelligent Automation Inc., Qualcomm Technologies Inc., NGRAIN (Canada) Corporation, Beijer Electronics, Mitsubishi Electric Corporation, Stratasys Ltd., Microsoft, GENERAL ELECTRIC, Zebra Technologies Corp., General Vision, Splunk Inc., Worldsensing, Interset, AIBrain Inc., Rockwell Automation Inc., Hewlett Packard Enterprise Development LP, ABB, Facebook Technologies LLC., ExOne, SRI International, agenturetcetera, Advantech Co. Ltd., Oracle, SAMSUNG, Intel Corporation, Arcadia Data Inc., Sensory Inc. and DENSO CORPORATION among others.

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Market Drivers:

The rising adoption of internet in industries is driving the growth of the market
The surging focus of industries on efficiency and cost of production which is leading to digitization is boosting the market growth
The surge in the adoption of automation for quality production is fueling the market growth
The development and innovation in 3D printing technology is likely to drive the market growth

Market Restraints:

The lack of cost benefit analysis is hindering the market growth
The lack of skilled personnel is restraining the market growth

Table of Contents: 

Market Segmentation
Market Overview
Executive Summary
Premium Insights
Global, By Component
Product/Service Type
Industry Type
North America
South America
Middle East & Africa
Company Landscape
Company Profiles
Related Reports

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Global industry 4.0 market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of global industry 4.0 market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.

Key Developments in the Market:

In May 2019, Magic Software Enterprises Ltd. had launched FactoryEye for Industry 4.0 applications. It is specially built for the manufacturers. It has a very user friendly dashboard which will provide the analysis to the manufacturer and assist them in decision making. This launch has expanded the product portfolio of the company as well as expands their customer base.
In May 2018, Siemens has expanded its product offering by the launch of four MindSphere application centers across the country. These centers will develop digital innovations and machine learning. This expansion will expand the market share of the company as their solutions will transform the entire value chain, and provide speed, quality, productivity and flexibility in their customer’s operations.

Global Industry 4.0 Market Segmentation: 

By Technology

Industrial Robotics
Collaborative Industrial Robots
Articulated Robots
Cylindrical Robots
Scara Robots
Parallel Robots
Cartesian Robots
Cyber Security
Internet of Things (IoT)
3D Printing
Advanced Human–Machine Interface (HMI)
Big Data
Augmented Reality & Virtual Reality
Artificial Intelligence

By Vertical

Electrical & Electronics Equipment
Industrial Equipment
Chemical & Materials
Food & Agriculture
Oil & Gas
Energy & Power

By Component


By Geography

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Data Bridge Market Research
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UK: +44 208 089 1725
Hong Kong: +852 8192 7475

About Data Bridge Market Research

An absolute way to forecast what future holds is to comprehend the trend today!

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