Global Digital Twin Sales Market Report 2023

Publication ID:

PB501232082

Publication Date:

January 2, 2023

Pages:

117

Publisher:

MRRPB5

Countries:

Global [1]

USD 4,000.00

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
Due to the COVID-19 pandemic, the global Digital Twin market size is estimated to be worth US$ 1775 million in 2022 and is forecast to a readjusted size of US$ 4133.3 million by 2029 with a CAGR of 12.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, System Twin accounting for % of the Digital Twin global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Aerospace and Defense segment is altered to an % CAGR throughout this 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.
Global Digital Twin Scope and Market Size
The global Digital Twin market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Digital Twin market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.
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
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group

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 by Type (2018 VS 2022 VS 2029)
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 Share by Application (2018 VS 2022 VS 2029)
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 Study Objectives
1.5 Years Considered
2 Global Growth Trends
2.1 Global Digital Twin Market Perspective (2018-2029)
2.2 Global Digital Twin Market Size by Region: 2018 VS 2022 VS 2029
2.3 Global Digital Twin Revenue Market Share by Region (2018-2023)
2.4 Global Digital Twin Revenue Forecast by Region (2024-2029)
2.5 Geographic Market Analysis: Market Facts & Figures
2.5.1 United States Digital Twin Estimates and Projections (2018-2029)
2.5.2 Europe Digital Twin Estimates and Projections (2018-2029)
2.5.3 China Digital Twin Estimates and Projections (2018-2029)
2.5.4 Japan Digital Twin Estimates and Projections (2018-2029)
2.5.5 Southeast Asia Digital Twin Estimates and Projections (2018-2029)
2.5.6 India Digital Twin Estimates and Projections (2018-2029)
3 Global Digital Twin Competition Landscape by Players
3.1 Global Top Digital Twin Players by Revenue (2018-2023)
3.1.1 Global Top Digital Twin Players by Revenue (2018-2023)
3.1.2 Global Digital Twin Revenue Market Share by Players (2018-2023)
3.2 Global Digital Twin Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by Digital Twin Revenue
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 2022
3.5 Digital Twin Key Players Head office and Area Served
3.6 Key Players Digital Twin Product Solution and Service
3.7 Date of Enter into Digital Twin Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Twin Breakdown Data by Type
4.1 Global Digital Twin Historic Market Size by Type (2018-2023)
4.2 Global Digital Twin Forecasted Market Size by Type (2024-2029)
5 Digital Twin Breakdown Data by Application
5.1 Global Digital Twin Historic Market Size by Application (2018-2023)
5.2 Global Digital Twin Forecasted Market Size by Application (2024-2029)
6 United States Digital Twin Market Facts & Figures
6.1 United States Digital Twin Revenue by Company (2018-2023)
6.2 United States Digital Twin Market Size by Type
6.2.1 United States Digital Twin Market Size by Type (2018-2023)
6.2.2 United States Digital Twin Market Size by Type (2024-2029)
6.2.3 United States Digital Twin Market Share by Type (2018-2029)
6.3 United States Digital Twin Market Size by Application
6.3.1 United States Digital Twin Market Size by Application (2018-2023)
6.3.2 United States Digital Twin Market Size by Application (2024-2029)
6.3.3 United States Digital Twin Market Share by Application (2018-2029)
7 Europe Digital Twin Market Facts & Figures
7.1 Europe Digital Twin Revenue by Company (2018-2023)
7.2 Europe Digital Twin Market Size by Type
7.2.1 Europe Digital Twin Market Size by Type (2018-2023)
7.2.2 Europe Digital Twin Market Size by Type (2024-2029)
7.2.3 Europe Digital Twin Market Share by Type (2018-2029)
7.3 Europe Digital Twin Market Size by Application
7.3.1 Europe Digital Twin Market Size by Application (2018-2023)
7.3.2 Europe Digital Twin Market Size by Application (2024-2029)
7.3.3 Europe Digital Twin Market Share by Application (2018-2029)
8 China Digital Twin Market Facts & Figures
8.1 China Digital Twin Revenue by Company (2018-2023)
8.2 China Digital Twin Market Size by Type
8.2.1 China Digital Twin Market Size by Type (2018-2023)
8.2.2 China Digital Twin Market Size by Type (2024-2029)
8.2.3 China Digital Twin Market Share by Type (2018-2029)
8.3 China Digital Twin Market Size by Application
8.3.1 China Digital Twin Market Size by Application (2018-2023)
8.3.2 China Digital Twin Market Size by Application (2024-2029)
8.3.3 China Digital Twin Market Share by Application (2018-2029)
9 Japan Digital Twin Market Facts & Figures
9.1 Japan Digital Twin Revenue by Company (2018-2023)
9.2 Japan Digital Twin Market Size by Type
9.2.1 Japan Digital Twin Market Size by Type (2018-2023)
9.2.2 Japan Digital Twin Market Size by Type (2024-2029)
9.2.3 Japan Digital Twin Market Share by Type (2018-2029)
9.3 Japan Digital Twin Market Size by Application
9.3.1 Japan Digital Twin Market Size by Application (2018-2023)
9.3.2 Japan Digital Twin Market Size by Application (2024-2029)
9.3.3 Japan Digital Twin Market Share by Application (2018-2029)
10 Southeast Asia Digital Twin Market Facts & Figures
10.1 Southeast Asia Digital Twin Revenue by Company (2018-2023)
10.2 Southeast Asia Digital Twin Market Size by Type
10.2.1 Southeast Asia Digital Twin Market Size by Type (2018-2023)
10.2.2 Southeast Asia Digital Twin Market Size by Type (2024-2029)
10.2.3 Southeast Asia Digital Twin Market Share by Type (2018-2029)
10.3 Southeast Asia Digital Twin Market Size by Application
10.3.1 Southeast Asia Digital Twin Market Size by Application (2018-2023)
10.3.2 Southeast Asia Digital Twin Market Size by Application (2024-2029)
10.3.3 Southeast Asia Digital Twin Market Share by Application (2018-2029)
11 India Digital Twin Market Facts & Figures
11.1 India Digital Twin Revenue by Company (2018-2023)
11.2 India Digital Twin Market Size by Type
11.2.1 India Digital Twin Market Size by Type (2018-2023)
11.2.2 India Digital Twin Market Size by Type (2024-2029)
11.2.3 India Digital Twin Market Share by Type (2018-2029)
11.3 India Digital Twin Market Size by Application
11.3.1 India Digital Twin Market Size by Application (2018-2023)
11.3.2 India Digital Twin Market Size by Application (2024-2029)
11.3.3 India Digital Twin Market Share by Application (2018-2029)
12 Key Players Profiles
12.1 General Electric
12.1.1 General Electric Company Details
12.1.2 General Electric Business Overview
12.1.3 General Electric Digital Twin Introduction
12.1.4 General Electric Revenue in Digital Twin Business (2018-2023)
12.1.5 General Electric Recent Development
12.2 PTC
12.2.1 PTC Company Details
12.2.2 PTC Business Overview
12.2.3 PTC Digital Twin Introduction
12.2.4 PTC Revenue in Digital Twin Business (2018-2023)
12.2.5 PTC Recent Development
12.3 Siemens
12.3.1 Siemens Company Details
12.3.2 Siemens Business Overview
12.3.3 Siemens Digital Twin Introduction
12.3.4 Siemens Revenue in Digital Twin Business (2018-2023)
12.3.5 Siemens Recent Development
12.4 Dassault Syst猫mes
12.4.1 Dassault Syst猫mes Company Details
12.4.2 Dassault Syst猫mes Business Overview
12.4.3 Dassault Syst猫mes Digital Twin Introduction
12.4.4 Dassault Syst猫mes Revenue in Digital Twin Business (2018-2023)
12.4.5 Dassault Syst猫mes Recent Development
12.5 IBM Corporation
12.5.1 IBM Corporation Company Details
12.5.2 IBM Corporation Business Overview
12.5.3 IBM Corporation Digital Twin Introduction
12.5.4 IBM Corporation Revenue in Digital Twin Business (2018-2023)
12.5.5 IBM Corporation Recent Development
12.6 ANSYS
12.6.1 ANSYS Company Details
12.6.2 ANSYS Business Overview
12.6.3 ANSYS Digital Twin Introduction
12.6.4 ANSYS Revenue in Digital Twin Business (2018-2023)
12.6.5 ANSYS Recent Development
12.7 Microsoft Corporation
12.7.1 Microsoft Corporation Company Details
12.7.2 Microsoft Corporation Business Overview
12.7.3 Microsoft Corporation Digital Twin Introduction
12.7.4 Microsoft Corporation Revenue in Digital Twin Business (2018-2023)
12.7.5 Microsoft Corporation Recent Development
12.8 Oracle Corporation
12.8.1 Oracle Corporation Company Details
12.8.2 Oracle Corporation Business Overview
12.8.3 Oracle Corporation Digital Twin Introduction
12.8.4 Oracle Corporation Revenue in Digital Twin Business (2018-2023)
12.8.5 Oracle Corporation Recent Development
12.9 Accenture (Mackevision)
12.9.1 Accenture (Mackevision) Company Details
12.9.2 Accenture (Mackevision) Business Overview
12.9.3 Accenture (Mackevision) Digital Twin Introduction
12.9.4 Accenture (Mackevision) Revenue in Digital Twin Business (2018-2023)
12.9.5 Accenture (Mackevision) Recent Development
12.10 SAP
12.10.1 SAP Company Details
12.10.2 SAP Business Overview
12.10.3 SAP Digital Twin Introduction
12.10.4 SAP Revenue in Digital Twin Business (2018-2023)
12.10.5 SAP Recent Development
12.11 AVEVA Group
12.11.1 AVEVA Group Company Details
12.11.2 AVEVA Group Business Overview
12.11.3 AVEVA Group Digital Twin Introduction
12.11.4 AVEVA Group Revenue in Digital Twin Business (2018-2023)
12.11.5 AVEVA Group Recent Development
13 Market Dynamics
13.1 Digital Twin Industry Trends
13.2 Digital Twin Market Drivers
13.3 Digital Twin Market Challenges
13.4 Digital Twin Market Restraints
14 Research Findings and Conclusion
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Author List
15.3 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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