Industry 4.0 is here to stay, there is no doubt about that. Many of the individual advances in technology that form the foundations of Industry 4.0 revolution are already used in manufacturing, but with Industry 4.0 merged platform, they will transform production: isolated, optimized cells will come together as a fully integrated, automated, and optimized production flow, leading to greater efficiency and changing traditional production relationships among suppliers, producers, and customers as well as between human and machine.
Figure 1 – Industry 4.0 Core Technologies
The 4.0 Industry technology revolution is not only about using data during production, or even integrating data from a wide variety of manufacturing systems throughout the supply chain. It is about analyzing and integrating total product and process life cycle, so that product and customer communicate directly with manufacturing systems and personnel to ensure that the product accommodates the needs of individual customers.
The “Industry 4.0 Technologies Market (Industrial Robotics, 3D Printing, AI, Big Data, Cybersecurity, Cloud Computing, H&V System Integration, Industrial IoT, Sensors, Simulation, VR, AR) 2018-2023” report forecasts that the global Industry 4.0 market* will reach $214B by 2023.
Why buy this report?
1] We provide a Money-Back Guarantee**
2] This report is based on thousands of sources
The report’s research team:
- Reviewed and analyzed over 600 Industry 4.0 reports, papers, vendors and governmental information sources.
- Participated in 16 round table Industry 4.0 focus groups,
- Conducted 75 of face-to-face interviews with industry executives,
- Conducted a meta research including more than 4000 industry executives of over 2,700 companies in 29 countries across 5 continents.
- The report analyzes each dollar spent in the Industry 4.0 market via 4 bottom-up research vectors (see figure 3), thus providing a must-have report for decision-makers in the Industry 4.0 market.
According to a HSRC meta research***, 63% of responders to HSRC, BCG, PwC, The Economist Intelligence Unit, Roland Berger, Rittal and Siemens stated that their business future depends on Industry 4.0 transformation. Manufacturing executives from all industries have squarely identified and, in many cases, begun addressing the need for industrial transformation. The responders that have implemented Industry 4.0 conversion have already seen improvements and expect more progress in the near future.
Some of the world technology giants (see Figure 2) recognized the huge business opportunities of the Industry 4.0, invested in R&D, commercialization of Industry 4.0 technologies and acquired smaller technology companies especially in the AI sector.
Figure 2 – Leading Industry 4.0 Technologies Vendors
In the next decades, businesses will establish global networks that incorporate their machinery, warehousing systems and production facilities in the shape of Cyber-Physical Systems (CPS). In the manufacturing environment, the Cyber-Physical Systems comprise smart machines, storage systems and production facilities capable of autonomously exchanging information, triggering actions and controlling each other independently. These changes add to the traditional business pressure on manufacturers, but also offer unprecedented opportunities to optimize production processes.
Figure 3 – Industry 4.0 Technologies Report Submarkets Granulation Vectors
Industry 4.0 technologies hold immense potential. Smart factories allow individual customer requirements to be met and mean that even one-off items can be manufactured profitably. In Industry 4.0, dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions and failures on behalf of suppliers.
End-to-end transparency is provided over the manufacturing process, facilitating optimized decision-making. Industry 4.0 Technologies will also result in new ways of creating value and novel business models. It will provide start-ups and SMEs with the opportunity to develop and provide downstream services.
The major winners might be those that control Industry 4.0 Technology Platforms , software layers that syndicate various devices, information and services, on top of which other firms can build their own offerings.
Figure 4 – Manufacturing Sector Share [%] of GDP by Key Countries
Governments and the private sector of countries with high labor costs (e.g., EU countries and the U.S.A.) invest in Industry 4.0 Technologies to increase their industrial base which has been taken over by low labor cost countries (see figure above). Low labor costs industries and their governments (e.g., China, India and Cambodia) are reacting to this trend by investing in Industry 4.0 Technologies as well. To maintain their industrial base, governments across the globe, fund Industry 4.0 projects, R&D, and provide subsidies and tax incentives to Industry 4.0 Technologies investors.
In a global manufacturing industry that is changing faster than ever, Industry 4.0 trend analysis is critical for all companies to drive sustainable growth. As competition increases and innovative ideas continue to disrupt entire industries, harnessing mega trend analysis allows businesses to remain relevant and succeed in the market place of the future.
The market will undergo a major transformation in 2018-2023 through the following drivers:
- Global competition in the manufacturing sector is becoming fiercer and fiercer
- Unprecedented opportunities to optimize production processes
- Governments and the private sector of high labor costs economies invest in Industry 4.0 Technologies to increase their industrial base taken by low labor cost countries
- Governments of low labor costs economies invest in Industry 4.0 Technologies to maintain their industrial base taken by high labor cost countries Industry 4.0 Technologies investments
- Government funded Industry 4.0 projects, R&D, subsidies and tax incentives
- “Industry 4.0 Technologies” offers start-ups and SMEs the opportunity to develop and provide downstream services
- Industry 4.0 dynamic business and engineering processes enable last-minute changes to production and deliver the ability to respond flexibly to disruptions
- “Industry 4.0 Technologies” provides the link to the consumer, and can forecast consumer demand
The 3-volume “Industry 4.0 Technologies Market (Industrial Robotics, 3D Printing, AI, Big Data, Cybersecurity, Cloud Computing, H&V System Integration, Industrial IoT, Sensors, Simulation, VR, AR) 2018-2023” report is the most comprehensive review of this emerging market available today. It provides a detailed and reasoned roadmap of this rapidly growing market.
The report is aimed at:
- Industry 4.0 Technologies Vendors
- Industry 4.0 Systems Integrators
- Government Industry Agencies
- Manufacturing Companies, SME included
The report has been explicitly customized for the industry and government decision-makers to enable them to identify business opportunities, emerging technologies, market trends and risks, as well as to benchmark business plans.
Questions answered in this 531-page market report include:
- What was the 138 submarkets size and what were the trends during 2016 & 2017?
- What is the 2018-2023 forecast for each of the 138 submarkets?
- Which technologies provide attractive business opportunities?
- What drives the Industry 4.0 managers to purchase solutions and services?
- What are the technology & services trends?
- What is the market SWOT (Strengths, Weaknesses, Opportunities and Threats)?
Why Buy This Report?
A. This is the most comprehensive information source of the global Industry 4.0 market and technologies.
B. Market data is analyzed via 4 key perspectives:
With a highly fragmented Industry 4.0 market we address the money trail via the following 4 bottom-up market size vectors:
- By Industry 4.0 Technologies:
- By 4 Revenue Sources:
- Product Sales
- System Installation, Integration & Commissioning
- Aftersale Maintenance, Upgrades & Spare Parts
- Consulting, Planning & Training
- By 5 Regions:
- North America
- Latin America
- Middle East and Africa
- By 22 Countries:
C. Detailed market analysis framework is provided:
- Market drivers & inhibitors
- Business opportunities
- SWOT analysis
- Barriers to new entry, supplier power, buyer power and competitive rivalry
- Business environment
- The 2016-2023 market segmented by 212 submarkets
- More than 1000 references and links to Industry 4.0 data sources & publications
D. The report includes the following appendices:
- Appendix A: Industry 4.0 Smart Maintenance
- Appendix B: How to Convert an Industry 2.0 or Industry 3.0 Business to Industry 4.0
- Appendix C: Abbreviations
- Appendix D: Terminology
- Appendix E: Research Sources & Bibliography
E. Industry 4.0 market report addresses 12 technologies:
- Additive Manufacturing- 3D Printing
- Advanced Human Machine Interface
- Artificial Intelligence
- Industrial Robots
- Big Data & Analytics
- Cybersecurity & Cloud Computing
- Horizontal and Vertical System Integration
- Industrial IoT (IIoT)
- Virtual Reality
- Augmented Reality
F. The report presents extensive information on 49 leading companies (including companies profile, Industry 4.0 activities & products, and recent events), namely:
(*) “Market” Definition. Industry 4.0 turnkey systems sale, aftersales maintenance & upgrades and outsourced services such as consulting, planning & training
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(***) The Meta-Research is based on the statistics of 11 Industry 4.0 surveys conducted by HSRC, BCG, PwC, Deloitte, Roland Berger, Rittal, Siemens and The Economist Intelligence Unit, totaling >4000 responders.