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Covid 19 Analysis on Industry 4.0 Market: 2020 Share, Analysis, Developments and Forecast Till 2022

Market Research Future published a research report on “Covid 19 Analysis on Industry 4.0 Market Research Report - Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Covid 19 Analysis on Industry 4.0 Market - Overview

The trend itself, turned out to be one of the most highly growing market covering each and every sector in it. Industry 4.0 refers to fourth industrial revolution. The most widely adopted trend in the fourth revolution is the rise in the new digital industry technology like automation. The industry 4.0 mostly covers the manufacturing enterprises trying to adopt the technology of automation for more efficient and smart manufacturing, producing quality products. The industrial revolution started from mechanization, like in oil rigs, water power and steam power, to second industrial revolution, including the assembly line and mass production, to the third industrial revolution, including computer and automation and the fourth industrial revolution to physical cyber systems.

Certain factors like advancement in robotics and artificial intelligence, sensors, cloud computing, data analytics and software as a service are some of the factors that drive the growth of the Covid 19 Analysis on Industry 4.0 Market. Another factor actors 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 across the globe, majorly in Asia Pacific and Europe.

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Key Players

The prominent players in the Covid 19 Analysis on 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.

Industry 4.0 Global Market - Segmentation

  • Segmentation by Technology: Cloud Computing, IOT platform, Augmented reality, Location detection technology, advanced human machine interfaces, big data analytics, smart sensors, 3D printers, mobile devices..
  • Segmentation by Application: Industrial Automation, smart factory, industrial internet of things (IIoT).
  • Segmentation by End users: Industrial manufacturing, Oil & gas, Construction, Aerospace & defence, Electronics, Automotive, Transportation, Chemical, Pharmaceuticals, Mining & metals, Food & beverages.

Industry 4.0 Global Market - Regional Analysis

The geographical analysis of the Industry 4.0 market covers regions like North America, Europe, Asia Pacific and the rest of the world. Among these regions, the Europe is the dominating region with most of the automotive, and aerospace industry present across this regions. And with the impact of industry 4.0 on Aerospace & defence, the companies are going to be affected in a positive way and therefore many enterprises can capture the market in smart manufacturing and industrial automation. 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. However, Asia Pacific is one of the highest growing regions with China, as one of the countries that stand to gain the most from automating and digitizing, and labour-intensive manufacturing processes. In addition, Chinese companies are highly flexible and are open to digital change, and the Chinese workforce is embracing digital technologies.

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Figure 1 Research Network Solution

Figure 2 Industry 4.0 Market: By Technology (%)

Figure 3 Industry 4.0 Market: By Application (%)

Figure 4 Industry 4.0 Market: By End-User (%)

Figure 5 Industry 4.0 Market: By Region

Figure 6 North America Industry 4.0 Market, By Technology (%)

Figure 7 North America Industry 4.0 Market, By Application (%)

Figure 8 North America Industry 4.0 Market, By End-User (%)

Figure 9 Europe Industry 4.0 Market, By Technology (%)

Figure10 Europe Industry 4.0 Market, By Application (%)

Figure 11 Europe Industry 4.0 Market, By End-User (%)

Figure 12 Asia-Pacific Industry 4.0 Market, By Technology (%)

Figure 13 Asia-Pacific Industry 4.0 Market, By Application (%)

Figure 14 Asia-Pacific Industry 4.0 Market, By End-User (%)

Figure 15 Row Industry 4.0 Market, By Technology (%)


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