Global Digital Twin Market Insights, Forecast to 2030

Publication ID:

PB507246743

Publication Date:

July 3, 2024

Pages:

110

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,900.00

IT Services [2]

Computing & Electronics [3]

Description:

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 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.
Market Analysis and Insights: Global Digital Twin Market
The global Digital Twin market is projected to grow from US$ 2028 million in 2024 to US$ 4133.3 million by 2030, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period.
Global digital twin key players include General Electric, PTC, Siemens etc. Global top 5 manufacturers hold a share about 65%. 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.
Report Covers:
This report presents an overview of global market for Digital Twin market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Digital Twin, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Digital Twin, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Digital Twin revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Digital Twin market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for Digital Twin revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group
Segment by Type
System Twin
Process Twin
Asset Twin
Segment by Application
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Digital Twin in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Digital Twin companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.
Chapter 7: Europe by Type, by Application and by country, revenue for each segment.
Chapter 8: China by Type, and by Application, revenue for each segment.
Chapter 9: Asia (excluding China) by Type, by Application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Digital Twin revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions

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

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Twin Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 System Twin
1.2.3 Process Twin
1.2.4 Asset Twin
1.3 Market by Application
1.3.1 Global Digital Twin Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Aerospace and Defense
1.3.3 Automotive and Transportation
1.3.4 Machine Manufacturing
1.3.5 Energy and Utilities
1.3.6 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Twin Market Perspective (2019-2030)
2.2 Global Digital Twin Growth Trends by Region
2.2.1 Digital Twin Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Digital Twin Historic Market Size by Region (2019-2024)
2.2.3 Digital Twin Forecasted Market Size by Region (2025-2030)
2.3 Digital Twin Market Dynamics
2.3.1 Digital Twin Industry Trends
2.3.2 Digital Twin Market Drivers
2.3.3 Digital Twin Market Challenges
2.3.4 Digital Twin Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Digital Twin by Players
3.1.1 Global Digital Twin Revenue by Players (2019-2024)
3.1.2 Global Digital Twin Revenue Market Share by Players (2019-2024)
3.2 Global Digital Twin Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Digital Twin, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Digital Twin Market Concentration Ratio
3.4.1 Global Digital Twin Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Twin Revenue in 2023
3.5 Global Key Players of Digital Twin Head office and Area Served
3.6 Global Key Players of Digital Twin, Product and Application
3.7 Global Key Players of Digital Twin, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Twin Breakdown Data by Type
4.1 Global Digital Twin Historic Market Size by Type (2019-2024)
4.2 Global Digital Twin Forecasted Market Size by Type (2025-2030)
5 Digital Twin Breakdown Data by Application
5.1 Global Digital Twin Historic Market Size by Application (2019-2024)
5.2 Global Digital Twin Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Digital Twin Market Size (2019-2030)
6.2 North America Digital Twin Market Size by Type
6.2.1 North America Digital Twin Market Size by Type (2019-2024)
6.2.2 North America Digital Twin Market Size by Type (2025-2030)
6.2.3 North America Digital Twin Market Share by Type (2019-2030)
6.3 North America Digital Twin Market Size by Application
6.3.1 North America Digital Twin Market Size by Application (2019-2024)
6.3.2 North America Digital Twin Market Size by Application (2025-2030)
6.3.3 North America Digital Twin Market Share by Application (2019-2030)
6.4 North America Digital Twin Market Size by Country
6.4.1 North America Digital Twin Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Digital Twin Market Size by Country (2019-2024)
6.4.3 North America Digital Twin Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Digital Twin Market Size (2019-2030)
7.2 Europe Digital Twin Market Size by Type
7.2.1 Europe Digital Twin Market Size by Type (2019-2024)
7.2.2 Europe Digital Twin Market Size by Type (2025-2030)
7.2.3 Europe Digital Twin Market Share by Type (2019-2030)
7.3 Europe Digital Twin Market Size by Application
7.3.1 Europe Digital Twin Market Size by Application (2019-2024)
7.3.2 Europe Digital Twin Market Size by Application (2025-2030)
7.3.3 Europe Digital Twin Market Share by Application (2019-2030)
7.4 Europe Digital Twin Market Size by Country
7.4.1 Europe Digital Twin Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Digital Twin Market Size by Country (2019-2024)
7.4.3 Europe Digital Twin Market Size by Country (2025-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Digital Twin Market Size (2019-2030)
8.2 China Digital Twin Market Size by Type
8.2.1 China Digital Twin Market Size by Type (2019-2024)
8.2.2 China Digital Twin Market Size by Type (2025-2030)
8.2.3 China Digital Twin Market Share by Type (2019-2030)
8.3 China Digital Twin Market Size by Application
8.3.1 China Digital Twin Market Size by Application (2019-2024)
8.3.2 China Digital Twin Market Size by Application (2025-2030)
8.3.3 China Digital Twin Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Digital Twin Market Size (2019-2030)
9.2 Asia Digital Twin Market Size by Type
9.2.1 Asia Digital Twin Market Size by Type (2019-2024)
9.2.2 Asia Digital Twin Market Size by Type (2025-2030)
9.2.3 Asia Digital Twin Market Share by Type (2019-2030)
9.3 Asia Digital Twin Market Size by Application
9.3.1 Asia Digital Twin Market Size by Application (2019-2024)
9.3.2 Asia Digital Twin Market Size by Application (2025-2030)
9.3.3 Asia Digital Twin Market Share by Application (2019-2030)
9.4 Asia Digital Twin Market Size by Region
9.4.1 Asia Digital Twin Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Digital Twin Market Size by Region (2019-2024)
9.4.3 Asia Digital Twin Market Size by Region (2025-2030)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Digital Twin Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Digital Twin Market Size by Type
10.2.1 Middle East, Africa, and Latin America Digital Twin Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Digital Twin Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Digital Twin Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Digital Twin Market Size by Application
10.3.1 Middle East, Africa, and Latin America Digital Twin Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Digital Twin Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Digital Twin Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Digital Twin Market Size by Country
10.4.1 Middle East, Africa, and Latin America Digital Twin Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Digital Twin Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Digital Twin Market Size by Country (2025-2030)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 General Electric
11.1.1 General Electric Company Details
11.1.2 General Electric Business Overview
11.1.3 General Electric Digital Twin Introduction
11.1.4 General Electric Revenue in Digital Twin Business (2019-2024)
11.1.5 General Electric Recent Developments
11.2 PTC
11.2.1 PTC Company Details
11.2.2 PTC Business Overview
11.2.3 PTC Digital Twin Introduction
11.2.4 PTC Revenue in Digital Twin Business (2019-2024)
11.2.5 PTC Recent Developments
11.3 Siemens
11.3.1 Siemens Company Details
11.3.2 Siemens Business Overview
11.3.3 Siemens Digital Twin Introduction
11.3.4 Siemens Revenue in Digital Twin Business (2019-2024)
11.3.5 Siemens Recent Developments
11.4 Dassault Syst猫mes
11.4.1 Dassault Syst猫mes Company Details
11.4.2 Dassault Syst猫mes Business Overview
11.4.3 Dassault Syst猫mes Digital Twin Introduction
11.4.4 Dassault Syst猫mes Revenue in Digital Twin Business (2019-2024)
11.4.5 Dassault Syst猫mes Recent Developments
11.5 IBM Corporation
11.5.1 IBM Corporation Company Details
11.5.2 IBM Corporation Business Overview
11.5.3 IBM Corporation Digital Twin Introduction
11.5.4 IBM Corporation Revenue in Digital Twin Business (2019-2024)
11.5.5 IBM Corporation Recent Developments
11.6 ANSYS
11.6.1 ANSYS Company Details
11.6.2 ANSYS Business Overview
11.6.3 ANSYS Digital Twin Introduction
11.6.4 ANSYS Revenue in Digital Twin Business (2019-2024)
11.6.5 ANSYS Recent Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Details
11.7.2 Microsoft Corporation Business Overview
11.7.3 Microsoft Corporation Digital Twin Introduction
11.7.4 Microsoft Corporation Revenue in Digital Twin Business (2019-2024)
11.7.5 Microsoft Corporation Recent Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Details
11.8.2 Oracle Corporation Business Overview
11.8.3 Oracle Corporation Digital Twin Introduction
11.8.4 Oracle Corporation Revenue in Digital Twin Business (2019-2024)
11.8.5 Oracle Corporation Recent Developments
11.9 Accenture (Mackevision)
11.9.1 Accenture (Mackevision) Company Details
11.9.2 Accenture (Mackevision) Business Overview
11.9.3 Accenture (Mackevision) Digital Twin Introduction
11.9.4 Accenture (Mackevision) Revenue in Digital Twin Business (2019-2024)
11.9.5 Accenture (Mackevision) Recent Developments
11.10 SAP
11.10.1 SAP Company Details
11.10.2 SAP Business Overview
11.10.3 SAP Digital Twin Introduction
11.10.4 SAP Revenue in Digital Twin Business (2019-2024)
11.10.5 SAP Recent Developments
11.11 AVEVA Group
11.11.1 AVEVA Group Company Details
11.11.2 AVEVA Group Business Overview
11.11.3 AVEVA Group Digital Twin Introduction
11.11.4 AVEVA Group Revenue in Digital Twin Business (2019-2024)
11.11.5 AVEVA Group Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

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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