Press release
Digital Twin Technology Market Trends, Growth Analysis, Investigation by Regions, Types, Applications and Analysis of Key Players
Digital Twin Technology Market Trends, Growth Analysis, Investigation by Regions, Types, Applications and Analysis of Key PlayersThe QY Research released a latest market research report on the Global Digital Twin Technology market, which is segmented by region (country), company, by Purity, and by Application. Players, stakeholders, and other participants in the global Digital Twin Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application for the period 2017-2028.
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Summary
Market Analysis and Insights: Global Digital Twin Technology Market
The global Digital Twin Technology market size is projected to reach US$ 4,136 million by 2028, from US$ 1,775 million in 2021, at a CAGR of 12.6% during 2022-2028.
Digital twin technology market is segmented by players, region (country), by type, and by application. Players, stakeholders, and other participants in the global Digital Twin Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application and forecast for the period 2017-2028.
By Company
General Electric
PTC
Siemens
Dassault Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
(Mackevision)
SAP
AVEVA Group
Segment by Type
Asset Twin
Process Twin
System Twin
Segment by Application
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
The Goal of the Report
1.To study and analyze the global Digital Twin Technology consumption (value & volume) by key regions/countries, type and application, history data from 2017 to 2022, and forecast to 2028.
2.To understand the structure of Digital Twin Technology market by identifying its various subsegments.
3.Focuses on the key global Digital Twin Technology manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
4.To analyze the Digital Twin Technology with respect to individual growth trends, prospects, and their contribution to the total market.
5.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
6.To project the consumption of Digital Twin Technology submarkets, with respect to key regions (along with their respective key countries).
7.To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
8.To strategically profile the key players and comprehensively analyze their growth strategies.
Target Audience
> Digital Twin Technology companies
> Research organizations
> Government Organizations
> Research/Consultancy firms
Table of Contents
1 REPORT OVERVIEW 1
1.1 Study Scope 1
1.2 Market Analysis by Type 1
1.2.1 Global Digital Twin Technology Market Size Growth Rate by Type: 2017 VS 2021 VS 2028 2
1.2.2 Asset Twin 3
1.2.3 Process Twin 3
1.2.4 System Twin 4
1.3 Market by Application 5
1.3.1 Global Digital Twin Technology Market Share by Application: 2017 VS 2021 VS 2028 6
1.3.2 Aerospace & Defense 7
1.3.3 Automotive & Transportation 7
1.3.4 Machine Manufacturing 9
1.3.5 Energy & Utilities 9
1.3.6 Others 11
1.4 Study Objectives 12
1.5 Years Considered 13
2 GLOBAL GROWTH TRENDS 14
2.1 Global Digital Twin Technology Market Perspective (2017-2028) 14
2.2 Digital Twin Technology Growth Trends by Region 15
2.2.1 Digital Twin Technology Market Size by Region: 2017 VS 2021 VS 2028 15
2.2.2 Digital Twin Technology Historic Market Size by Region (2017-2022) 16
2.2.3 Digital Twin Technology Forecasted Market Size by Region (2023-2028) 17
2.3 Digital Twin Technology Market Dynamics 17
2.3.1 Digital Twin Technology Industry Trends 17
2.3.2 Digital Twin Technology Market Drivers 18
2.3.3 Digital Twin Technology Market Challenges 19
2.3.4 Digital Twin Technology Market Restraints 19
3 COMPETITION LANDSCAPE BY KEY PLAYERS 21
3.1 Global Top Digital Twin Technology Players by Revenue 21
3.1.1 Global Top Digital Twin Technology Players by Revenue (2017-2022) 21
3.1.2 Global Digital Twin Technology Revenue Market Share by Players (2017-2022) 22
3.2 Global Digital Twin Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3) 23
3.3 Players Covered: Ranking by Digital Twin Technology Revenue 24
3.4 Global Digital Twin Technology Market Concentration Ratio 25
3.4.1 Global Digital Twin Technology Market Concentration Ratio (CR5) 25
3.4.2 Global Top 5 Companies by Digital Twin Technology Revenue in 2021 26
3.5 Digital Twin Technology Key Players Head office and Area Served 26
3.6 Key Players Digital Twin Technology Product Solution and Service 27
3.7 Date of Enter into Digital Twin Technology Market 27
3.8 Mergers & Acquisitions, Expansion Plans 28
4 DIGITAL TWIN TECHNOLOGY BREAKDOWN DATA BY TYPE 30
4.1 Global Digital Twin Technology Historic Market Size by Type (2017-2022) 30
4.2 Global Digital Twin Technology Forecasted Market Size by Type (2023-2028) 31
5 DIGITAL TWIN TECHNOLOGY BREAKDOWN DATA BY APPLICATION 32
5.1 Global Digital Twin Technology Historic Market Size by Application (2017-2022) 32
5.2 Global Digital Twin Technology Forecasted Market Size by Application (2023-2028) 33
6 NORTH AMERICA 34
6.1 North America Digital Twin Technology Market Size (2017-2028) 34
6.2 North America Digital Twin Technology Market Size by Type 34
6.2.1 North America Digital Twin Technology Market Size by Type (2017-2022) 34
6.2.2 North America Digital Twin Technology Market Size by Type (2023-2028) 35
6.2.3 North America Digital Twin Technology Market Share by Type (2017-2028) 35
6.3 North America Digital Twin Technology Market Size by Application 36
6.3.1 North America Digital Twin Technology Market Size by Application (2017-2022) 36
6.3.2 North America Digital Twin Technology Market Size by Application (2023-2028) 36
6.3.3 North America Digital Twin Technology Market Share by Application (2017-2028) 37
6.4 North America Digital Twin Technology Market Size by Country 37
6.4.1 North America Digital Twin Technology Market Size by Country (2017-2022) 37
6.4.2 North America Digital Twin Technology Market Share by Country (2023-2028) 38
6.4.3 United States 39
6.4.4 Canada 39
7 EUROPE 40
7.1 Europe Digital Twin Technology Market Size (2017-2028) 40
7.2 Europe Digital Twin Technology Market Size by Type 40
7.2.1 Europe Digital Twin Technology Market Size by Type (2017-2022) 40
7.2.2 Europe Digital Twin Technology Market Size by Type (2023-2028) 41
7.2.3 Europe Digital Twin Technology Market Share by Type (2017-2028) 41
7.3 Europe Digital Twin Technology Market Size by Application 42
7.3.1 Europe Digital Twin Technology Market Size by Application (2017-2022) 42
7.3.2 Europe Digital Twin Technology Market Size by Application (2023-2028) 42
7.3.3 Europe Digital Twin Technology Market Share by Application (2017-2028) 43
7.4 Europe Digital Twin Technology Market Size by Country 43
7.4.1 Europe Digital Twin Technology Market Size by Country (2017-2022) 43
7.4.2 Europe Digital Twin Technology Market Size by Country (2023-2028) 44
7.4.3 Germany 45
7.4.4 France 45
7.4.5 U.K. 46
7.4.6 Italy 46
7.4.7 Russia 47
7.4.8 Nordic Countries 47
8 ASIA-PACIFIC 48
8.1 Asia-Pacific Digital Twin Technology Market Size (2017-2028) 48
8.2 Asia-Pacific Digital Twin Technology Market Size by Type 48
8.2.1 Asia-Pacific Digital Twin Technology Market Size by Type (2017-2022) 48
8.2.2 Asia-Pacific Digital Twin Technology Market Size by Type (2023-2028) 49
8.2.3 Asia-Pacific Digital Twin Technology Market Share by Type (2017-2028) 49
8.3 Asia-Pacific Digital Twin Technology Market Size by Application 50
8.3.1 Asia-Pacific Digital Twin Technology Market Size by Application (2017-2022) 50
8.3.2 Asia-Pacific Digital Twin Technology Market Size by Application (2023-2028) 50
8.3.3 Asia-Pacific Digital Twin Technology Market Share by Application (2017-2028) 51
8.4 Asia-Pacific Digital Twin Technology Market Size by Region 51
8.4.1 Asia-Pacific Digital Twin Technology Market Size by Region (2017-2022) 51
8.4.2 Asia-Pacific Digital Twin Technology Market Size by Region (2023-2028) 52
8.4.3 China 53
8.4.4 Japan 53
8.4.5 South Korea 54
8.4.6 Southeast Asia 54
8.4.7 India 55
8.4.8 Australia 55
9 LATIN AMERICA 56
9.1 Latin America Digital Twin Technology Market Size (2017-2028) 56
9.2 Latin America Digital Twin Technology Market Size by Type 56
9.2.1 Latin America Digital Twin Technology Market Size by Type (2017-2022) 56
9.2.2 Latin America Digital Twin Technology Market Size by Type (2023-2028) 57
9.2.3 Latin America Digital Twin Technology Market Share by Type (2017-2028) 57
9.3 Latin America Digital Twin Technology Market Size by Application 58
9.3.1 Latin America Digital Twin Technology Market Size by Application (2017-2022) 58
9.3.2 Latin America Digital Twin Technology Market Size by Application (2023-2028) 58
9.3.3 Latin America Digital Twin Technology Market Share by Application (2017-2028) 59
9.4 Latin America Digital Twin Technology Market Size by Country 59
9.4.1 Latin America Digital Twin Technology Market Size by Country (2017-2022) 59
9.4.2 Latin America Digital Twin Technology Market Size by Country (2023-2028) 60
9.4.3 Mexico 61
9.4.4 Brazil 61
10 MIDDLE EAST & AFRICA 62
10.1 Middle East & Africa Digital Twin Technology Market Size (2017-2028) 62
10.2 Middle East & Africa Digital Twin Technology Market Size by Type 62
10.2.1 Middle East & Africa Digital Twin Technology Market Size by Type (2017-2022) 62
10.2.2 Middle East & Africa Digital Twin Technology Market Size by Type (2023-2028) 63
10.2.3 Middle East & Africa Digital Twin Technology Market Share by Type (2017-2028) 63
10.3 Middle East & Africa Digital Twin Technology Market Size by Application 64
10.3.1 Middle East & Africa Digital Twin Technology Market Size by Application (2017-2022) 64
10.3.2 Middle East & Africa Digital Twin Technology Market Size by Application (2023-2028) 64
10.3.3 Middle East & Africa Digital Twin Technology Market Share by Application (2017-2028) 65
10.4 Middle East & Africa Digital Twin Technology Market Size by Country 65
10.4.1 Middle East & Africa Digital Twin Technology Market Size by Country (2017-2022) 65
10.4.2 Middle East & Africa Digital Twin Technology Market Size by Country (2023-2028) 66
10.4.3 Turkey 67
10.4.4 Saudi Arabia 67
10.4.5 UAE 68
11 KEY PLAYERS PROFILES 69
11.1 General Electric 69
11.1.1 General Electric Company Details 69
11.1.2 General Electric Business Overview 69
11.1.3 General Electric Digital Twin Technology Introduction 70
11.1.4 General Electric Revenue in Digital Twin Technology Business (2017-2022) 72
11.1.5 General Electric Recent Development 73
11.2 PTC 74
11.2.1 PTC Company Details 74
11.2.2 PTC Business Overview 75
11.2.3 PTC Digital Twin Technology Introduction 75
11.2.4 PTC Revenue in Digital Twin Technology Business (2017-2022) 77
11.2.5 PTC Recent Development 78
11.3 Siemens 78
11.3.1 Siemens Company Details 78
11.3.2 Siemens Business Overview 79
11.3.3 Siemens Digital Twin Technology Introduction 79
11.3.4 Siemens Revenue in Digital Twin Technology Business (2017-2022) 81
11.3.5 Siemens Recent Development 82
11.4 Dassault Dassault Systèmes 82
11.4.1 Dassault Dassault Systèmes Company Details 82
11.4.2 Dassault Dassault Systèmes Business Overview 83
11.4.3 Dassault Dassault Systèmes Digital Twin Technology Introduction 83
11.4.4 Dassault Dassault Systèmes Revenue in Digital Twin Technology Business (2017-2022) 84
11.4.5 Dassault Dassault Systèmes Recent Development 84
11.5 IBM Corporation 85
11.5.1 IBM Corporation Company Details 85
11.5.2 IBM Corporation Business Overview 85
11.5.3 IBM Corporation Digital Twin Technology Introduction 86
11.5.4 IBM Corporation Revenue in Digital Twin Technology Business (2017-2022) 87
11.5.5 IBM Corporation Recent Development 88
11.6 ANSYS 89
11.6.1 ANSYS Company Details 89
11.6.2 ANSYS Business Overview 90
11.6.3 ANSYS Digital Twin Technology Introduction 90
11.6.4 ANSYS Revenue in Digital Twin Technology Business (2017-2022) 91
11.6.5 ANSYS Recent Development 92
11.7 Microsoft Corporation 92
11.7.1 Microsoft Corporation Company Details 92
11.7.2 Microsoft Corporation Business Overview 92
11.7.3 Microsoft Corporation Digital Twin Technology Introduction 93
11.7.4 Microsoft Corporation Revenue in Digital Twin Technology Business (2017-2022) 95
11.7.5 Microsoft Corporation Recent Development 95
11.8 Oracle Corporation 96
11.8.1 Oracle Corporation Company Details 96
11.8.2 Oracle Corporation Business Overview 96
11.8.3 Oracle Corporation Digital Twin Technology Introduction 96
11.8.4 Oracle Corporation Revenue in Digital Twin Technology Business (2017-2022) 98
11.8.5 Oracle Corporation Recent Development 98
11.9 (Mackevision) 99
11.9.1 (Mackevision) Company Details 99
11.9.2 (Mackevision) Business Overview 100
11.9.3 (Mackevision) Digital Twin Technology Introduction 100
11.9.4 (Mackevision) Revenue in Digital Twin Technology Business (2017-2022) 101
11.9.5 (Mackevision) Recent Development 102
11.10 SAP 102
11.10.1 SAP Company Details 102
11.10.2 SAP Business Overview 103
11.10.3 SAP Digital Twin Technology Introduction 103
11.10.4 SAP Revenue in Digital Twin Technology Business (2017-2022) 104
11.10.5 SAP Recent Development 105
11.11 AVEVA Group 105
11.11.1 AVEVA Group Company Details 105
11.11.2 AVEVA Group Business Overview 105
11.11.3 AVEVA Group Digital Twin Technology Introduction 106
11.11.4 AVEVA Group Revenue in Digital Twin Technology Business (2017-2022) 107
11.11.5 AVEVA Group Recent Development 107
12 ANALYST'S VIEWPOINTS/CONCLUSIONS 109
13 APPENDIX 111
13.1 Research Methodology 111
13.1.1 Methodology/Research Approach 111
13.1.2 Data Source 114
13.2 Disclaimer 117
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QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world，QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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The QY Research released a latest market research report on the Global Digital Twin Technology market, which is segmented by region (country), company, by Purity, and by Application. Players, stakeholders, and other participants in the global Digital Twin Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country) and by Application for the period 2017-2028.
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 15 years' experience and professional research team in various cities over the world，QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 59,000 clients across five continents. Let's work closely with you and build a bold and better future.
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