PUNE, India, May 28, 2017 /PRNewswire-iReach/ -- The Industry
4.0 market in APAC is expected to grow at the highest rate during
the forecast period. APAC is expected to grow at the fastest rate,
considering the continuous technological advancements and financial
support from governments. Government initiatives, funding in
R&D, and extensive industrial base are the major factors that
make Asia Pacific a dynamic region
for Industry 4.0 with Japan and
China being the major
contributors. Complete report on "Industry 4.0 Market"
spread across 224 pages, profiling 17 companies and supported with
64 tables and 70 figures is now available at
http://www.rnrmarketresearch.com/industry-40-market-by-technology-industrial-robotics-cyber-security-internet-of-things-3d-printing-advanced-human-machine-interface-big-data-augmented-reality-virtual-reality-artificial-intelligence-ver-st-to-2022-market-report.html
.
The Market for automotive vertical for Industry 4.0 market was
the largest in 2016. Industry 4.0 in the automotive sector has
several advantages such as self-monitoring capabilities, network
flexibility, capacity for customizations, and an agile supply
chain. Industry 4.0-enabled plants will have robust monitoring
systems to identify potential maintenance issues. Industry 4.0
gives auto manufacturers the option to customize individual
vehicles, and shorten the delivery time for these vehicles. The
implementation of technologies such as IoT, industrial robotics,
and cyber security has made this sector to have the largest market
share.
The artificial intelligence technology expected to grow at the
highest rate during the forecast period. Artificial Intelligence
(AI) constitutes various technologies, which are vital in
developing the ecosystem. AsAI enables machines to perform
activities as that of human beings; it has opened up enormous
opportunities in the Industry 4.0 market. NVIDIA Inc. (US) and
FANUC Corporation (Japan) have
entered into a collaboration to implement AI on the FANUC
Intelligent Edge Link and Drive (FIELD) system to increase robotics
productivity and bring new capabilities to automated factories
worldwide. Adding AI to the FIELD system will give robots the
ability to teach themselves to do tasks faster and more
efficiently.
The Industry 4.0 market is expected to grow at a CAGR of 14.72%
between 2017 and 2022. The market for industrial equipment vertical
is expected to be valued at $22.79
billion by 2022, growing at the highest CAGR of 18.45%
during the forecast period. In April
2017, Tesla received a huge shipment of robots for its
production line at its Fremont factory, Kuka AG (Germany).
This research study is obliging for following audience:
- Semiconductor component manufacturers and distributors
- Industrial automation equipment providers
- Networking component providers
- Companies providing wired and wireless connectivity
services
- Software platform providers
- Data analytics and cloud computing solution providers
- Original equipment manufacturers (OEMs)
- Research organizations and consulting companies
- Government bodies such as regulating authorities and
policy-makers
- Venture capitalists and private equity firms
- Associations, organizations, and alliances related to Industry
4.0
- End users of Industry 4.0 solutions across various industries
such as automotive, aerospace, industrial equipment, electrical
& electronics equipment, food & agriculture, chemicals
& materials, healthcare, oil & gas, and energy & power
among others
The major players in the Industry 4.0 market are General
Electric Company (US), International Business Machines Corporation
(US), Cisco Systems (US), Microsoft Corporation (US), Stratasys
Ltd. (US), Alphabet Inc. (US), ABB Ltd. (Switzerland), Mitsubishi Electric Corporation
(Japan), Intel Corporation (US),
Hewlett-Packard Enterprise Company (US), Siemens AG (Germany), Qualcomm Inc. (US), Samsung
Electronics Co. Ltd. (South
Korea), Texas Instruments Inc. (US), Rockwell Automation
Inc. (US), 3D Systems Corporation (US), Cognex Corporation (US),
Basler AG (Germany), and Denso
Group (Japan). Download PDF
Brochure "Industry 4.0 Market by Technology (Industrial
Robotics, Cyber Security, Internet of Things, 3D Printing, Advanced
Human-Machine Interface, Big Data, Augmented Reality & Virtual
Reality, Artificial Intelligence), Vertical, Region - Global
Forecast to 2022" research report at
http://www.rnrmarketresearch.com/contacts/request-sample?rname=1017667
.
In the process of determining and verifying, the market size for
several segments and sub segments gathered through secondary
research, extensive primary interviews were conducted with key
people. In Tier 1 (55%), Tier 2 (30%) and Tier 3 (15%) companies
were contacted for primary interviews. The interviews were
conducted with various key people such as C-Level (55%), Manager
Level (35%) and others (Sales, Marketing, and Product Managers)
(10%) from various key organizations operating in the Industry 4.0
market. The primary interviews were conducted worldwide covering
regions such as North America
(43%), Europe (29%), Asia-Pacific (14%) and RoW (14%).
Research Coverage: The Industry 4.0 market has been segmented on
the basis of technology, vertical, and region. The market, based on
technology, has been segmented into industrial robotics, cyber
security, Internet of Things, 3D printing, advanced Human Machine
Interface, big data, augmented reality & virtual reality, and
artificial intelligence.
On a related note, another research titled Top Robotics
Market Global Forecast to 2022 says, the industrial robotics
segment of top robotics market is expected to grow at a CAGR of
11.92% between 2016 and 2022 to reach $79.58
billion by 2022. The service robotics segment of top
robotics market is expected to grow at a CAGR of 15.18% between
2016 and 2022 to reach $23.90 billion
by 2022. Companies such as ABB Ltd. (Switzerland), KUKA
AG (Germany), Mitsubishi
Electric Corp. (Japan),
Nachi-Fujikoshi Corp. (Japan),
FANUC Corp. (Japan), Kawasaki
Heavy Industries Ltd. (Japan), and
Yaskawa Electric Corp. (Japan),
Northrop Grumman Corporation (U.S.), iRobot Corporation (U.S.), DJI
(China), Intuitive Surgical, Inc.
(U.S.), Parrot SA (France), Honda
Motor Co., Ltd. (Japan), Adept
Technology, Inc. (U.S.), Aethon Inc. (U.S.), DeLaval International
AB (Sweden), Lely Holding S.a.r.l. (Netherlands), and The LEGO Group (Denmark) have been profiled in this 134 pages
research report available at
http://www.rnrmarketresearch.com/top-robotics-market-by-industrial-robotics-articulated-scara-cylindrical-parallel-cartesian-service-robotics-logistics-domestic-medical-field-defense-rescue-and-security-entertainment-education-and-p-st-to-2022-market-report.html
.
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