Report Detail
Global Digital Twin Technology Market Growth (Status and Outlook) 2019-2024
- RnM3035650 |
- 27 February, 2019 |
- Global |
- 115 Pages |
- LPI(LP Information) |
- Service & Software
Digital Twin is a near-real-time digital image about the historical and current behavior of a physical object or process that helps optimize business performance.
Digital Twin is first used for Aerospace & Defense, but it can be used for Automotive & Transportation, Machine Manufacturing, Energy & Utilities, and Other industry. Machine Manufacturing took up about 38.5% of the global total in 2017.
China, Japan, India and S. Korea, etc. are now the key developing market of Digital Twin in the future while they are all just at the beginning of digital twin technology. There are few vendors to have digital twin technology, and the Chinese market is still much smaller than the USA. Chinese AVIC have signed an agreement with French Dassault Systèmes to develop the digital twin in Jun. 2017.
According to this study, over the next five years the Digital Twin Technology market will register a 35.1% CAGR in terms of revenue, the global market size will reach US$ 8480 million by 2024, from US$ 1880 million in 2019. In particular, this report presents the global revenue market share of key companies in Digital Twin Technology business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Digital Twin Technology market by product type, application, key companies and key regions.
This study considers the Digital Twin Technology value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Parts Twin
Product Twin
System Twin
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Digital Twin Technology market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Digital Twin Technology market by identifying its various subsegments.
Focuses on the key global Digital Twin Technology players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Twin Technology with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Digital Twin Technology submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Digital Twin Technology Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Digital Twin Technology Market Size 2014-2024
- 2.1.2 Digital Twin Technology Market Size CAGR by Region
- 2.2 Digital Twin Technology Segment by Type
- 2.2.1 Parts Twin
- 2.2.2 Product Twin
- 2.2.3 Process Twin
- 2.2.4 System Twin
- 2.3 Digital Twin Technology Market Size by Type
- 2.3.1 Global Digital Twin Technology Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Digital Twin Technology Market Size Growth Rate by Type (2014-2019)
- 2.4 Digital Twin Technology Segment by Application
- 2.4.1 Aerospace & Defense
- 2.4.2 Automotive & Transportation
- 2.4.3 Machine Manufacturing
- 2.4.4 Energy & Utilities
- 2.4.5 Others
- 2.5 Digital Twin Technology Market Size by Application
- 2.5.1 Global Digital Twin Technology Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Digital Twin Technology Market Size Growth Rate by Application (2014-2019)
3 Global Digital Twin Technology by Players
- 3.1 Global Digital Twin Technology Market Size Market Share by Players
- 3.1.1 Global Digital Twin Technology Market Size by Players (2017-2019)
- 3.1.2 Global Digital Twin Technology Market Size Market Share by Players (2017-2019)
- 3.2 Global Digital Twin Technology Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Digital Twin Technology by Regions
- 4.1 Digital Twin Technology Market Size by Regions
- 4.2 Americas Digital Twin Technology Market Size Growth
- 4.3 APAC Digital Twin Technology Market Size Growth
- 4.4 Europe Digital Twin Technology Market Size Growth
- 4.5 Middle East & Africa Digital Twin Technology Market Size Growth
5 Americas
- 5.1 Americas Digital Twin Technology Market Size by Countries
- 5.2 Americas Digital Twin Technology Market Size by Type
- 5.3 Americas Digital Twin Technology Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Digital Twin Technology Market Size by Countries
- 6.2 APAC Digital Twin Technology Market Size by Type
- 6.3 APAC Digital Twin Technology Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Digital Twin Technology by Countries
- 7.2 Europe Digital Twin Technology Market Size by Type
- 7.3 Europe Digital Twin Technology Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Digital Twin Technology by Countries
- 8.2 Middle East & Africa Digital Twin Technology Market Size by Type
- 8.3 Middle East & Africa Digital Twin Technology Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Digital Twin Technology Market Forecast
- 10.1 Global Digital Twin Technology Market Size Forecast (2019-2024)
- 10.2 Global Digital Twin Technology Forecast by Regions
- 10.2.1 Global Digital Twin Technology Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Digital Twin Technology Forecast by Type
- 10.8 Global Digital Twin Technology Forecast by Application
11 Key Players Analysis
- 11.1 General Electric
- 11.1.1 Company Details
- 11.1.2 Digital Twin Technology Product Offered
- 11.1.3 General Electric Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 General Electric News
- 11.2 PTC
- 11.2.1 Company Details
- 11.2.2 Digital Twin Technology Product Offered
- 11.2.3 PTC Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 PTC News
- 11.3 Siemens
- 11.3.1 Company Details
- 11.3.2 Digital Twin Technology Product Offered
- 11.3.3 Siemens Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Siemens News
- 11.4 Dassault Systèmes
- 11.4.1 Company Details
- 11.4.2 Digital Twin Technology Product Offered
- 11.4.3 Dassault Systèmes Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Dassault Systèmes News
- 11.5 IBM Corporation
- 11.5.1 Company Details
- 11.5.2 Digital Twin Technology Product Offered
- 11.5.3 IBM Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 IBM Corporation News
- 11.6 ANSYS
- 11.6.1 Company Details
- 11.6.2 Digital Twin Technology Product Offered
- 11.6.3 ANSYS Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 ANSYS News
- 11.7 Microsoft Corporation
- 11.7.1 Company Details
- 11.7.2 Digital Twin Technology Product Offered
- 11.7.3 Microsoft Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.7.4 Main Business Overview
- 11.7.5 Microsoft Corporation News
- 11.8 Oracle Corporation
- 11.8.1 Company Details
- 11.8.2 Digital Twin Technology Product Offered
- 11.8.3 Oracle Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2017-2019)
- 11.8.4 Main Business Overview
- 11.8.5 Oracle Corporation News
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Digital Twin Technology . Industry analysis & Market Report on Digital Twin Technology is a syndicated market report, published as Global Digital Twin Technology Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Digital Twin Technology market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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