Global Digital Twin Technology Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Publication ID:

GIR092411821

Publication Date:

September 18, 2024

Pages:

120

Publisher:

GIR

Countries:

Global [1]

USD 3,480.00

Software [2]

IT Services [3]

Computing & Electronics [4]

Description:

Digital Twin is a near-real-time digital image about the historical and current behaviour of a physical object or process that helps optimize business performance.
Digital twins exist at the nexus of physical engineering, data science, and machine learning, and their value translates directly to measurable business outcomes鈥攔educed asset downtime and maintenance costs, improved plant and factory efficiency, reduced cycle times, and increased market agility.
The global Digital Twin Technology market size was valued at US$ 2087 million in 2023 and is forecast to a readjusted size of USD 4661 million by 2030 with a CAGR of 12.3% during review period.
Global digital twin technology key players include General Electric, PTC, Siemens etc. Global top 3 manufacturers hold a share about 50%. North America is the largest market, with a share about 53%, followed by Europe, have a share over 38 percent.In terms of product, system twin is the largest segment, with a share over 55%. And in terms of application, the largest application is machine manufacturing, followed by energy & utilities.
This report is a detailed and comprehensive analysis for global Digital Twin Technology market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Digital Twin Technology market size and forecasts, in consumption value ($ Million), 2019-2030
Global Digital Twin Technology market size and forecasts by region and country, in consumption value ($ Million), 2019-2030
Global Digital Twin Technology market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030
Global Digital Twin Technology market shares of main players, in revenue ($ Million), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Digital Twin Technology
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Digital Twin Technology market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include General Electric, PTC, Siemens, Dassault Syst猫mes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation, Accenture (Mackevision), SAP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Digital Twin Technology market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segmentation
Digital Twin Technology market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
System Twin
Process Twin
Asset Twin
Market segment by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
Market segment by players, this report covers
General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Digital Twin Technology product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Digital Twin Technology, with revenue, gross margin, and global market share of Digital Twin Technology from 2019 to 2024.
Chapter 3, the Digital Twin Technology competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Digital Twin Technology market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Digital Twin Technology.
Chapter 13, to describe Digital Twin Technology research findings and conclusion.

Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.

Table Of Contents:

1 Market Overview
1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Classification of Digital Twin Technology by Type
1.3.1 Overview: Global Digital Twin Technology Market Size by Type: 2019 Versus 2023 Versus 2030
1.3.2 Global Digital Twin Technology Consumption Value Market Share by Type in 2023
1.3.3 System Twin
1.3.4 Process Twin
1.3.5 Asset Twin
1.4 Global Digital Twin Technology Market by Application
1.4.1 Overview: Global Digital Twin Technology Market Size by Application: 2019 Versus 2023 Versus 2030
1.4.2 Aerospace and Defense
1.4.3 Automotive and Transportation
1.4.4 Machine Manufacturing
1.4.5 Energy and Utilities
1.4.6 Others
1.5 Global Digital Twin Technology Market Size & Forecast
1.6 Global Digital Twin Technology Market Size and Forecast by Region
1.6.1 Global Digital Twin Technology Market Size by Region: 2019 VS 2023 VS 2030
1.6.2 Global Digital Twin Technology Market Size by Region, (2019-2030)
1.6.3 North America Digital Twin Technology Market Size and Prospect (2019-2030)
1.6.4 Europe Digital Twin Technology Market Size and Prospect (2019-2030)
1.6.5 Asia-Pacific Digital Twin Technology Market Size and Prospect (2019-2030)
1.6.6 South America Digital Twin Technology Market Size and Prospect (2019-2030)
1.6.7 Middle East & Africa Digital Twin Technology Market Size and Prospect (2019-2030)
2 Company Profiles
2.1 General Electric
2.1.1 General Electric Details
2.1.2 General Electric Major Business
2.1.3 General Electric Digital Twin Technology Product and Solutions
2.1.4 General Electric Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.1.5 General Electric Recent Developments and Future Plans
2.2 PTC
2.2.1 PTC Details
2.2.2 PTC Major Business
2.2.3 PTC Digital Twin Technology Product and Solutions
2.2.4 PTC Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.2.5 PTC Recent Developments and Future Plans
2.3 Siemens
2.3.1 Siemens Details
2.3.2 Siemens Major Business
2.3.3 Siemens Digital Twin Technology Product and Solutions
2.3.4 Siemens Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.3.5 Siemens Recent Developments and Future Plans
2.4 Dassault Syst猫mes
2.4.1 Dassault Syst猫mes Details
2.4.2 Dassault Syst猫mes Major Business
2.4.3 Dassault Syst猫mes Digital Twin Technology Product and Solutions
2.4.4 Dassault Syst猫mes Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.4.5 Dassault Syst猫mes Recent Developments and Future Plans
2.5 IBM Corporation
2.5.1 IBM Corporation Details
2.5.2 IBM Corporation Major Business
2.5.3 IBM Corporation Digital Twin Technology Product and Solutions
2.5.4 IBM Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.5.5 IBM Corporation Recent Developments and Future Plans
2.6 ANSYS
2.6.1 ANSYS Details
2.6.2 ANSYS Major Business
2.6.3 ANSYS Digital Twin Technology Product and Solutions
2.6.4 ANSYS Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.6.5 ANSYS Recent Developments and Future Plans
2.7 Microsoft Corporation
2.7.1 Microsoft Corporation Details
2.7.2 Microsoft Corporation Major Business
2.7.3 Microsoft Corporation Digital Twin Technology Product and Solutions
2.7.4 Microsoft Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.7.5 Microsoft Corporation Recent Developments and Future Plans
2.8 Oracle Corporation
2.8.1 Oracle Corporation Details
2.8.2 Oracle Corporation Major Business
2.8.3 Oracle Corporation Digital Twin Technology Product and Solutions
2.8.4 Oracle Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.8.5 Oracle Corporation Recent Developments and Future Plans
2.9 Accenture (Mackevision)
2.9.1 Accenture (Mackevision) Details
2.9.2 Accenture (Mackevision) Major Business
2.9.3 Accenture (Mackevision) Digital Twin Technology Product and Solutions
2.9.4 Accenture (Mackevision) Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.9.5 Accenture (Mackevision) Recent Developments and Future Plans
2.10 SAP
2.10.1 SAP Details
2.10.2 SAP Major Business
2.10.3 SAP Digital Twin Technology Product and Solutions
2.10.4 SAP Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.10.5 SAP Recent Developments and Future Plans
2.11 AVEVA Group
2.11.1 AVEVA Group Details
2.11.2 AVEVA Group Major Business
2.11.3 AVEVA Group Digital Twin Technology Product and Solutions
2.11.4 AVEVA Group Digital Twin Technology Revenue, Gross Margin and Market Share (2019-2024)
2.11.5 AVEVA Group Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Digital Twin Technology Revenue and Share by Players (2019-2024)
3.2 Market Share Analysis (2023)
3.2.1 Market Share of Digital Twin Technology by Company Revenue
3.2.2 Top 3 Digital Twin Technology Players Market Share in 2023
3.2.3 Top 6 Digital Twin Technology Players Market Share in 2023
3.3 Digital Twin Technology Market: Overall Company Footprint Analysis
3.3.1 Digital Twin Technology Market: Region Footprint
3.3.2 Digital Twin Technology Market: Company Product Type Footprint
3.3.3 Digital Twin Technology Market: Company Product Application Footprint
3.4 New Market Entrants and Barriers to Market Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Market Size Segment by Type
4.1 Global Digital Twin Technology Consumption Value and Market Share by Type (2019-2024)
4.2 Global Digital Twin Technology Market Forecast by Type (2025-2030)
5 Market Size Segment by Application
5.1 Global Digital Twin Technology Consumption Value Market Share by Application (2019-2024)
5.2 Global Digital Twin Technology Market Forecast by Application (2025-2030)
6 North America
6.1 North America Digital Twin Technology Consumption Value by Type (2019-2030)
6.2 North America Digital Twin Technology Market Size by Application (2019-2030)
6.3 North America Digital Twin Technology Market Size by Country
6.3.1 North America Digital Twin Technology Consumption Value by Country (2019-2030)
6.3.2 United States Digital Twin Technology Market Size and Forecast (2019-2030)
6.3.3 Canada Digital Twin Technology Market Size and Forecast (2019-2030)
6.3.4 Mexico Digital Twin Technology Market Size and Forecast (2019-2030)
7 Europe
7.1 Europe Digital Twin Technology Consumption Value by Type (2019-2030)
7.2 Europe Digital Twin Technology Consumption Value by Application (2019-2030)
7.3 Europe Digital Twin Technology Market Size by Country
7.3.1 Europe Digital Twin Technology Consumption Value by Country (2019-2030)
7.3.2 Germany Digital Twin Technology Market Size and Forecast (2019-2030)
7.3.3 France Digital Twin Technology Market Size and Forecast (2019-2030)
7.3.4 United Kingdom Digital Twin Technology Market Size and Forecast (2019-2030)
7.3.5 Russia Digital Twin Technology Market Size and Forecast (2019-2030)
7.3.6 Italy Digital Twin Technology Market Size and Forecast (2019-2030)
8 Asia-Pacific
8.1 Asia-Pacific Digital Twin Technology Consumption Value by Type (2019-2030)
8.2 Asia-Pacific Digital Twin Technology Consumption Value by Application (2019-2030)
8.3 Asia-Pacific Digital Twin Technology Market Size by Region
8.3.1 Asia-Pacific Digital Twin Technology Consumption Value by Region (2019-2030)
8.3.2 China Digital Twin Technology Market Size and Forecast (2019-2030)
8.3.3 Japan Digital Twin Technology Market Size and Forecast (2019-2030)
8.3.4 South Korea Digital Twin Technology Market Size and Forecast (2019-2030)
8.3.5 India Digital Twin Technology Market Size and Forecast (2019-2030)
8.3.6 Southeast Asia Digital Twin Technology Market Size and Forecast (2019-2030)
8.3.7 Australia Digital Twin Technology Market Size and Forecast (2019-2030)
9 South America
9.1 South America Digital Twin Technology Consumption Value by Type (2019-2030)
9.2 South America Digital Twin Technology Consumption Value by Application (2019-2030)
9.3 South America Digital Twin Technology Market Size by Country
9.3.1 South America Digital Twin Technology Consumption Value by Country (2019-2030)
9.3.2 Brazil Digital Twin Technology Market Size and Forecast (2019-2030)
9.3.3 Argentina Digital Twin Technology Market Size and Forecast (2019-2030)
10 Middle East & Africa
10.1 Middle East & Africa Digital Twin Technology Consumption Value by Type (2019-2030)
10.2 Middle East & Africa Digital Twin Technology Consumption Value by Application (2019-2030)
10.3 Middle East & Africa Digital Twin Technology Market Size by Country
10.3.1 Middle East & Africa Digital Twin Technology Consumption Value by Country (2019-2030)
10.3.2 Turkey Digital Twin Technology Market Size and Forecast (2019-2030)
10.3.3 Saudi Arabia Digital Twin Technology Market Size and Forecast (2019-2030)
10.3.4 UAE Digital Twin Technology Market Size and Forecast (2019-2030)
11 Market Dynamics
11.1 Digital Twin Technology Market Drivers
11.2 Digital Twin Technology Market Restraints
11.3 Digital Twin Technology Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Digital Twin Technology Industry Chain
12.2 Digital Twin Technology Upstream Analysis
12.3 Digital Twin Technology Midstream Analysis
12.4 Digital Twin Technology Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer

Companies Mentioned:

General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group

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