New Market Report: Industry 4.0 Market, Technologies & Industry 2019-2023

Industry 4.0 is here to stay, there is no doubt about that. The report includes 4 volumes with research and analysis of 188 sub-markets
By: Industry 4.0 Market Research
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Industry 4.0 Report 188 Submarkets
Industry 4.0 Report 188 Submarkets
WASHINGTON - Feb. 12, 2019 - PRLog -- Industry 4.0 is here to stay, there is no doubt about that. According to a report by Industry 4.0 Market Research (a division of HSRC), "Global Industry 4.0 Market and Technologies 2019-2023", the Industry 4.0 global market will reach $214B by 2023, 30% larger than the projected 2023 Cybersecurity market size.

The Industry 4.0 Market & Technologies report is the most comprehensive and data driven market research available today. The report is based on a meta research including 2,158 industry leaders and dozens of face-to-face interviews with industry executives which enabled HSRC to analyze each dollar spent in the Industry 4.0 market via 5 bottom-up research vectors, thus providing a must have mega report for all decision makers in the Industry 4.0 market.

The global economy is in its fourth industrial revolution, following the steam machine, the assembly-line and electronics revolutions. The Industry 4.0 wave of cyber-physical manufacturing is done with intelligent machines and industrial IoT linked supply chains, which are forcing all industries to convert their Industry 2.0 - 3.0 businesses into Industry 4.0 infrastructure.

The Industry 4.0 transformation will change long-held dynamics in commerce and global economic balance of power. 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. In the manufacturing environment, these Cyber-Physical Systems comprise of 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. This facilitates fundamental improvements to the industrial processes involved in manufacturing, engineering, material purchasing & usage, supply chain and life cycle management, predictive maintenance and real-time management overview.

The Industry 4.0 "Market Share Race" is led by the global Tech. Giants who are investing billions of dollars in Industry 4.0 products R&D, M&A and commercialization & internal use. The transformation of the economy being brought about by Industry 4.0 means that business processes such as supply, manufacturing, maintenance, delivery and customer service will all be connected via the Industrial IoT systems. These extremely flexible value networks will require new forms of collaboration between companies, both nationally and globally.

HSRC projects the industrie 4.0 market will undergo a major transformation in 2019-2023 through the following drivers:
  • Global competition in the manufacturing sector is becoming fiercer and fiercer
  • The Nokia syndrome challenge, "when Industry 4.0 knocks on your door, open it or perish"
  • Unprecedented opportunities to optimize production processes
  • Governments and the private sector of high labor costs economies invest in Industry 4.0 to increase their industrial base taken by low labor cost countries
  • Governments of low labor costs economies invest in Industry 4.0 to maintain their industrial base taken by high labor cost countries Industry 4.0 investments
  • Government funded Industry 4.0 projects, R&D, subsidies and tax incentives
  • Industry 4.0 offers start-ups and SMEs the opportunity to develop and provide downstream services
  • Industrie 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 and customers
  • Industry 4.0 provides the link to the consumer, and can forecast consumer demand

With 640 pages, 120 tables and 150 figures, this 4-volume report covers 10 industries, 10 leading technologies, 4 revenue sources, 5 regional and 22 national markets, offering for each of them 2016-2018 valuations and 2019-2023 forecasts and analyses. Making this report a must have and valuable resource for executives with interests in the industry. It has been explicitly customized for industry and urban decision-makers to enable them to identify business opportunities, emerging technologies, market trends and risks, as well as to benchmark business plans.

About Industry 4.0 Market Research (a division of HSRC)

Industry 4.0 Market Reports
(a division of HSRC) provides premium off-the-shelf market reports on present and emerging technologies and industry expertise, enabling global clients to gain time-critical insights into business opportunities. All reports include in-depth information and analysis of emerging markets and technologies, granulated by geography, vertical, technology, product, and revenue sources. Our reports support Industry 4.0 and Quantum Technologies communities worldwide in their strategic decision-making process, providing up-to-date market knowledge, analysis, and insights.
Industry 4.0 Market Reports offers customized research services geared towards providing our clients with clear, actionable recommendations designed to empower decision-making, and to help exploit emerging opportunities in the market. Our customized research services deliver thorough analyses of specific markets and eco-systems, target geographies, strategic segments and verticals, competitor analysis, business opportunities and technological benchmarks. These services are provided as an ad hoc assignment or as an ongoing service.

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Industry 4.0 Market Research (a division of HSRC)


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