The Asia Pacific Industry 4.0 Market would witness market growth of 20.3% CAGR during the forecast period (2022-2028).
A large portion of the detailed work that once was the responsibility of human operators has been liberated by analytics, automation, and machine-learning algorithms. This entails faster, more effective manufacturing that is available around-the-clock, with human operators serving mainly as system monitors and maintainers.
Manufacturing firms can fully benefit from the abundance of information created not solely on the factory floor but also throughout all of their business units, as well as from partners and outside sources, due to AI and machine learning. Machine learning and artificial intelligence can produce insights that give operations and business processes visibility, predictability, and automation. For example, industrial equipment frequently malfunctions when a product is being produced. Organizations could do machine learning-based predictive maintenance utilizing data gathered from such assets, increasing uptime and efficiency.
India's government hopes to have a USD 5 trillion market by 2025, of which USD 1 trillion could come from manufacturing. To accomplish this, it is crucial for the country's main initiatives including Make in India, Skill India, and Digital India to come together. This would spur market expansion. Despite being far behind the majority of the world in terms of automation, India is seen to be increasing its automation quotient. IFR predicts that there will be 6,000 industrial robots in use nationwide by 2020. The primary driver of the rising number of robot installations in India is anticipated to continue to be the automobile sector. It's probably going to be one of the major sources of demand in the industry.
The China market dominated the Asia Pacific Industry 4.0 Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19,866.9 million by 2028. The Japan market is registering a CAGR of 19.5% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 21% during (2022 - 2028).
Based on Technology, the market is segmented into Industrial Sensors, Machine Vision, Industrial Robots, HMI, Blockchain, Industrial 3D Printing, AI in Manufacturing, Digital Twin, Machine Condition Monitoring, and Automated Guided Vehicles. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Industry 4.0 Market is Projected to reach USD 195.8 Billion by 2028, at a CAGR of 19.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Advantech Co., Ltd., Basler AG, Cisco Systems, Inc., Cognex Corporation, Daifuku Co., Limited, Emerson Electric Co., General Electric (GE) Co., Honeywell International, Inc., and IBM Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Industrial Sensors
- Machine Vision
- Industrial Robots
- HMI
- Blockchain
- Industrial 3D Printing
- AI in Manufacturing
- Digital Twin
- Machine Condition Monitoring
- Automated Guided Vehicles
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Advantech Co., Ltd.
- Basler AG
- Cisco Systems, Inc.
- Cognex Corporation
- Daifuku Co., Limited
- Emerson Electric Co.
- General Electric (GE) Co.
- Honeywell International, Inc.
- IBM Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Industry 4.0 Market, by Technology
1.4.2 Asia Pacific Industry 4.0 Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb – 2022, Jun) Leading Players
Chapter 4. Asia Pacific Industry 4.0 Market by Technology
4.1 Asia Pacific Industrial Sensors Market by Country
4.2 Asia Pacific Machine Vision Market by Country
4.3 Asia Pacific Industrial Robots Market by Country
4.4 Asia Pacific HMI Market by Country
4.5 Asia Pacific Blockchain Market by Country
4.6 Asia Pacific Industrial 3D Printing Market by Country
4.7 Asia Pacific AI in Manufacturing Market by Country
4.8 Asia Pacific Digital Twin Market by Country
4.9 Asia Pacific Machine Condition Monitoring Market by Country
4.1 Asia Pacific Automated Guided Vehicles Market by Country
Chapter 5. Asia Pacific Industry 4.0 Market by Country
5.1 China Industry 4.0 Market
5.1.1 China Industry 4.0 Market by Technology
5.2 Japan Industry 4.0 Market
5.2.1 Japan Industry 4.0 Market by Technology
5.3 India Industry 4.0 Market
5.3.1 India Industry 4.0 Market by Technology
5.4 South Korea Industry 4.0 Market
5.4.1 South Korea Industry 4.0 Market by Technology
5.5 Singapore Industry 4.0 Market
5.5.1 Singapore Industry 4.0 Market by Technology
5.6 Malaysia Industry 4.0 Market
5.6.1 Malaysia Industry 4.0 Market by Technology
5.7 Rest of Asia Pacific Industry 4.0 Market
5.7.1 Rest of Asia Pacific Industry 4.0 Market by Technology
Chapter 6. Company Profiles
6.1 ABB Group
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Partnerships, Collaborations, and Agreements:
6.1.5.2 Product Launches and Product Expansions:
6.1.5.3 Acquisition and Mergers:
6.1.5.4 Geographical Expansions:
6.1.6 SWOT Analysis
6.2 Advantech Co., Ltd.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.2.5 Recent strategies and developments:
6.2.5.1 Partnerships, Collaborations and Agreements:
6.2.5.2 Product Launches and Product Expansions:
6.3 Cognex Corporation
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research & Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Product Launches and Product Expansions:
6.3.5.2 Acquisition and Mergers:
6.4 Basler AG
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expense
6.5 IBM Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Regional & Segmental Analysis
6.5.4 Research & Development Expenses
6.5.5 Recent strategies and developments:
6.5.5.1 Partnerships, Collaborations, and Agreements:
6.5.5.2 Acquisition and Mergers:
6.5.6 SWOT Analysis
6.6 Cisco Systems, Inc.
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Regional Analysis
6.6.4 Research & Development Expense
6.6.5 Recent strategies and developments:
6.6.5.1 Acquisition and Mergers:
6.6.6 SWOT Analysis
6.7 Honeywell International, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Segmental and Regional Analysis
6.7.4 Research & Development Expenses
6.7.5 Recent strategies and developments:
6.7.5.1 Partnerships, Collaborations, and Agreements:
6.7.5.2 Acquisition and Mergers:
6.7.6 SWOT Analysis
6.8 General Electric (GE) Co.
6.8.1 Company Overview
6.8.2 Financial Analysis
6.8.3 Segmental and Regional Analysis
6.8.4 Research & Development Expense
6.8.5 Recent strategies and developments:
6.8.5.1 Partnerships, Collaborations, and Agreements:
6.8.5.2 Product Launches and Product Expansions:
6.8.6 SWOT Analysis
6.9 Daifuku Co., Limited
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.9.5 Recent strategies and developments:
6.9.5.1 Acquisition and Mergers:
6.10. Emerson Electric Co.
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Segmental and Regional Analysis
6.10.4 Research & Development Expense
6.10.5 Recent strategies and developments:
6.10.5.1 Acquisition and Mergers:
6.10.5.2 Geographical Expansions:
TABLE 1 Asia Pacific Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Industry 4.0 Market
TABLE 4 Product Launches And Product Expansions – Industry 4.0 Market
TABLE 5 Acquisition and Mergers – Industry 4.0 Market
TABLE 6 Geographical Expansions – Industry 4.0 Market
TABLE 7 Asia Pacific Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Industrial Sensors Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Industrial Sensors Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Machine Vision Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Machine Vision Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Industrial Robots Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Industrial Robots Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific HMI Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific HMI Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Blockchain Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Blockchain Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Industrial 3D Printing Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Industrial 3D Printing Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific AI in Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific AI in Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Digital Twin Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Digital Twin Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Machine Condition Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Machine Condition Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Automated Guided Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Automated Guided Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Industry 4.0 Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Industry 4.0 Market by Country, 2022 - 2028, USD Million
TABLE 31 China Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 32 China Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 33 China Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 34 China Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 35 Japan Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 36 Japan Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 37 Japan Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 38 Japan Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 39 India Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 40 India Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 41 India Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 42 India Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 43 South Korea Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 44 South Korea Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 45 South Korea Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 46 South Korea Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 47 Singapore Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 48 Singapore Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 49 Singapore Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 50 Singapore Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 51 Malaysia Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 52 Malaysia Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 53 Malaysia Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 54 Malaysia Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 55 Rest of Asia Pacific Industry 4.0 Market, 2018 - 2021, USD Million
TABLE 56 Rest of Asia Pacific Industry 4.0 Market, 2022 - 2028, USD Million
TABLE 57 Rest of Asia Pacific Industry 4.0 Market by Technology, 2018 - 2021, USD Million
TABLE 58 Rest of Asia Pacific Industry 4.0 Market by Technology, 2022 - 2028, USD Million
TABLE 59 Key Information – ABB Group
TABLE 60 Key Information – Advantech Co., Ltd.
TABLE 61 Key information – Cognex Corporation
TABLE 62 Key Information – Basler AG
TABLE 63 Key information – IBM Corporation
TABLE 64 Key Information – Cisco Systems, Inc.
TABLE 65 Key Information – Honeywell International, Inc.
TABLE 66 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 67 Key Information – Daifuku Co., Limited
TABLE 68 Key Information – Emerson Electric Co.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2020, Feb – 2022, Jun) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: Cognex Corporation
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 SWOT Analysis: Cisco Systems, Inc.
FIG 11 Recent strategies and developments: Honeywell International, Inc.
FIG 12 Swot analysis: Honeywell international, inc.
FIG 13 Swot analysis: General electric (GE) Co.
FIG 14 Recent strategies and developments: Emerson Electric Co.