Industry 4.0 Technologies has become an over-used term, with its origins as a strategic project for promoting manufacturing by the German government.
Marketing and promotional concepts have applied the term to everything from the next Industrial Revolution to the revitalization and redefinition of national and global industry in manufacturing.
The concept has also been portrayed as a mechanistic threat to factory workers and a precursor to the automated robotics-only factory of the future.
Industry 4.0 may contribute to all of these things, but it is essentially a set of principles that are executable through the advent of information technology. Initiated more than five years ago, Industry 4.0 principles continue to remain valid today.
Empowered by technologies, manufacturers can attain the interoperability, information transparency, technical automation and decentralized decision-making included within Industry 4.0.
Multinational manufacturers with global footprints are combining with regional and local initiatives to drive spending for Industry 4.0 initiatives across all facets of manufacturing. Globally these initiatives generated investments of $REDACTED billion in 2017, which will grow to nearly $REDACTED billion in 2018 and $REDACTED billion in 2023 at a compound annual growth rate (CAGR) of REDACTED%.
FULL REPORT VIEW
Industry 4.0 Technologies | Technology Market Research
TABLE OF CONTENT
Reasons for Doing This Study
Industry 4.0 Principles and Technologies.
Market Breakdown by Technology
Market Breakdown by End Use.
Market Breakdown by Region
Market Breakdown by Application
Analysis of Market Opportunities
COMPANY PROFILE
Marketing and promotional concepts have applied the term to everything from the next Industrial Revolution to the revitalization and redefinition of national and global industry in manufacturing.
The concept has also been portrayed as a mechanistic threat to factory workers and a precursor to the automated robotics-only factory of the future.
Empowered by technologies, manufacturers can attain the interoperability, information transparency, technical automation and decentralized decision-making included within Industry 4.0.
Multinational manufacturers with global footprints are combining with regional and local initiatives to drive spending for Industry 4.0 initiatives across all facets of manufacturing. Globally these initiatives generated investments of $REDACTED billion in 2017, which will grow to nearly $REDACTED billion in 2018 and $REDACTED billion in 2023 at a compound annual growth rate (CAGR) of REDACTED%.
FULL REPORT VIEW
Industry 4.0 Technologies | Technology Market Research
TABLE OF CONTENT
Reasons for Doing This Study
Industry 4.0 Principles and Technologies.
Market Breakdown by Technology
Market Breakdown by End Use.
Market Breakdown by Region
Market Breakdown by Application
Analysis of Market Opportunities
COMPANY PROFILE
- SIEMENS
- PHILIPS PHOTONICS
- MITSUBISHI ELECTRIC CORP.
- HONEYWELL SENSING & CONTROLS
- AUTOMOTIVE TECHNOLOGIES INTERNATIONAL INC
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