Press release
Industry 4.0 Market 2018 by Global Key Players: Bosch Rexroth AG, SAS, Siemens AG, Wittenstein AG, General Electric Company, Daimler AG, TRUMPF GmbH, Wittenstein AG
Market Scenario:
‘Industry 4.0’ stands for the fourth industrial revolution. The rise of new digital industrial technology is referred to Industry 4.0. Industry 4.0 is the grouping of numerous major innovations in digital technology. These technologies include advanced robotics and artificial intelligence; sensors; cloud computing; the Internet of Things; data capture and analytics; digital fabrication (3D printing); software-as-a-service and other new marketing models; smartphones and other mobile devices. Industry 4.0 refers to development of machines which would be using self-optimization, self-configuration and artificial intelligence to complete difficult tasks so as to deliver cost efficiencies and better quality goods or services.
Industry 4.0 includes data, computational power, connectivity, analytics and intelligence, human machine interaction and digital to physical conversion. The market gets digitized and integrates processes vertically across the entire organization, from product development and purchasing, through manufacturing, logistics and service. The factors contributing to the growth of the market are evolution of cloud computing technologies, technological advancements in electronics industry, implementation of smart factory concept & factory automation technologies and government initiatives by different countries.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2375
The major drivers for industry 4.0 are digitization and integration of vertical and horizontal value chains, digitization of product and service offerings, digital business models and customer access, Faster, Flexible and Efficient Production and Increasing popularity of smart factories. The study indicates that Cyber security risks is the major threat involved in Industry 4.0 market.
Regional Analysis:
The regional analysis of Industry 4.0 market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. The study indicates that North America and Europe regions would dominate the industry 4.0 market by the forecast period. However countries like in Japan and Germany are the farthest along in digitizing internal operations and partnering across the horizontal value chain owing to the high investments in technology and employee training. They view their digital transformation, primarily in terms of gains in operational efficiency, cost reduction and quality assurance. China is one of the countries that stand to gain the most from automating and digitizing labor-intensive manufacturing processes. In addition, Chinese companies are highly flexible and are open to digital change, and the Chinese workforce is embracing digital technologies. The study reveals that at present Asia Pacific companies report the highest digitization and digital integration levels.
Key Players
The prominent players in the Industry 4.0 Market are – Bosch Rexroth AG (Germany), Maschinenfabrik Reinhausen GmbH (Germany), SAS (U.S.), Siemens AG (Germany), Wittenstein AG (Germany), General Electric Company (U.S.), Daimler AG (Germany), Klöckner & Co. SE (Germany), TRUMPF GmbH (Germany), Festo AG & Co. KG (Germany), Wittenstein AG (Germany) among others.
Segments:
Industry 4.0 by Technology:
• Cloud computing
• IoT platforms
• Augmented reality
• Location detection technology
• Advanced human machine interfaces
• Big data Analytics
• Smart sensors
• 3D printing
• Mobile devices
• Others
Industry 4.0 by Application:
• Industrial Automation
• Smart Factory
• Industrial internet of things (IIoT)
Industry 4.0 by End-user:
• Industrial manufacturing
• Oil & gas
• Construction
• Aerospace & defense
• Electronics
• Automotive
• Transportation
• Chemical
• Pharmaceuticals
• Mining & metals
• Food & beverages
• Others
Get Complete Report @ https://www.marketresearchfuture.com/reports/industry-4-0-market-2375
Intended Audience:
• Process Automation and Instrumentation Manufacturers
• Industrial Robot Manufacturers
• Semiconductor product designers and fabricators
• Automation product manufacturers
• Technology investors
• Hardware & software manufacturers
• MES (Manufacturing Execution System)
• MOM (Manufacturing Operations Management)
• System Integrators
• Government Organizations
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Industry 4.0 Market 2018 by Global Key Players: Bosch Rexroth AG, SAS, Siemens AG, Wittenstein AG, General Electric Company, Daimler AG, TRUMPF GmbH, Wittenstein AG here
News-ID: 952847 • Views: …
More Releases from Market Research Future
Conversational Artificial Intelligence Market to Reach USD 35.0 Billion by 2035, …
Conversational Artificial Intelligence Market Overview:
The Conversational Artificial Intelligence (AI) Market is witnessing remarkable expansion as enterprises increasingly deploy AI-driven communication technologies to enhance customer engagement and operational efficiency. According to Market Research Future (MRFR), the global Conversational AI Market is projected to grow from USD 9.81 Billion in 2024 to USD 35.0 Billion by 2035, demonstrating a strong growth trajectory across industries.
Conversational AI solutions-powered by Natural Language Processing (NLP), machine…
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
More Releases for Industry
Hydro Lubricants Market Size, Analysis, and Forecast Report 2018 to 2026(By Indu …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing…
Hydro Lubricants Market Insights, Trends & Future Development Status Recorded du …
The rising demand for hydro lubricants from manufacturing sector is also multiplying at a faster rate, on the back of their competency in upgrading the service-life of machinery. The hydro lubricants market is primarily driven on account of its low-friction attributes, which makes it highly likely to outshine the synthetic variants. Moreover, the demand for hydro lubricants for machinery assemblies is on the rise, as they facilitate in minimizing…
Global Pyrite Market 2019 | Applications: Jewelry Industry, Sulfur Compounds Ind …
The major factor driving the pyrite market is the rising demand of jewelry and sulfur compounds market. This report researches the worldwide Pyrite market size (value, capacity, production, and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions. This study categorizes the global Pyrite breakdown data by manufacturers, region, type, and application, also analyzes the market status, market share, growth rate, future trends, market…
Lipase Enzymes Market Future Forecast Indicates Impressive Growth Rate (Segmenta …
Market Outlook
Increased consumption of processed food and dairy products among consumers has fuelled the demand and supply of lipase enzymes over the years. Lipase is an enzyme that catalyzes the hydrolytic reaction of fats, and reduces the formation of glycerol and fatty acids in all living organisms. It plays a vital role in the process of digestion by transporting and processing the ester bonds in triglycerides. Due to the varied…
Big Bag Connection System Market Segmented By technology Automatic, Semi-Automat …
Global Big Bag Connection System Market: An Overview
The key advancement in automation encourages manufacturers to adopt smart systems to increase productivity and to facilitate timely production. Owing to the perception of consumers as well as manufacturers regarding health and hygiene of product, the big bag connection system market is anticipated to propel during the forecast period. Big bag connection system ensure dust -free docking of big bags and provide flexibility…
Europe Plastic Pallet Market Size, Shares, Forecast Report 2016 : Food Industry, …
This report studies sales (consumption) of Plastic Pallet in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering
ShangHai Pallet Plastic Industry Co., Ltd.
Shanghai Lika Plastic Manufacturing Co., Ltd.
Guangzhou Plastic Industrial Corporation Ltd
Shandong Liyang Plastic Molding Co.,Ltd
Xinding Plastic
ZheJiang Primacy Plastic Industry Co., Ltd
Shanghai Qinghao Plastic Pallet Manufacture…
