Digital Twins Market Outlook and Forecasts 2022– 2030
This report evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments. The report assesses the digital twin product and service ecosystem including application development and operations. This includes consideration of use cases by industry vertical.
The report also analyzes technologies supporting and benefiting from digital twinning. The report also provides detailed forecasts covering digital twinning solutions in many market segments and use cases including manufacturing simulations, predictive analytics, and more from 2022 to 2030 with global, regional, and major country forecasts.
Companies in Report:
ABB
Allerin Tech Pvt. Ltd.
Altair Engineering, Inc.
Amazon Web Services
ANSYS
Aucotec AG
Autodesk Inc.
Bentley Systems, Incorporated
CADFEM GmbH
Cisco Systems
Cityzenith
Cosmo Tech
Dassault Systems
Digital Twin Consortium
Digital Twin Technologies
DNV GL
DXC Technology
Eclipse Foundation
Emerson
Emesent
Faststream Technologies
FEINGUSS BLANK GmbH
Flowserve
Forward Networks
General Electric
Google
Hitachi Ltd.
Honeywell
HP
IBM
Industrial Internet Consortium
Intellias
Invicara
KBMax
Lanner Electronics
Microsoft
National Instruments
NavVis
Oracle
PETRA Data Science
Physical Web
Pratiti Technologies
Prodea System Inc.,
PTC
QiO Technologies
Robert Bosch
SAP
Schneider
SenSat
Siemens
Sight Machine Inc.
Simplifa GmbH
Softweb Solutions Inc.
Sogeti Group
SWIM.AI
Synavision
Sysmex Corporation
TIBCO Software
Toshiba Corporation
UrsaLeo
Virtalis Limited
Visualiz
Wipro Limited
XenonStack
Zest Labs
- 1.0 Executive Summary
- 2.0 Introduction
- 2.1 Overview
- 2.1.1 Understanding Digital Twinning
- 2.1.2 Cognitive Digital Twining
- 2.1.3 Digital Thread
- 2.1.4 Convergence of Sensors and Simulations
- 2.1.5 IoT API
- 2.1.6 Software Modules and Elements
- 2.1.7 Types of Digital Twinning
- 2.1.8 Digital Twinning Work Process
- 2.1.9 Importance of Digital Twinning
- 2.2 Related Technologies and Impact on Digital Twinning
- 2.2.1 Industrial Internet and Industry 4.0
- 2.2.2 Pairing Technology
- 2.2.3 Cyber Physical System
- 2.2.4 AR, VR and Mixed Reality
- 2.2.5 Artificial Intelligence and Machine Learning
- 2.2.6 Additive Manufacturing and 3D Printing
- 2.2.6.1 DTAM Process
- 2.3 Potential Application and Outcome Analysis
- 2.3.1 Maintenance, Repair and Overhaul Operation
- 2.3.2 Digital Avatar of Consumer Assets
- 2.3.3 Performance/Service Monitoring
- 2.3.4 Inspection and Repair
- 2.3.5 Predictive Maintenance
- 2.3.6 Product Design and Development
- 2.3.7 Composite Assembling/Manufacturing
- 2.3.8 Potential Business Outcome
- 2.4 Digital Twinning Service Ecosystem
- 2.4.1 Industrial IoT
- 2.4.2 Consumer IoT
- 2.4.3 Industry Development
- 2.4.4 Digital Twinning as a Service
- 3.0 Digital Twins Market Dynamics
- 3.1 Drivers
- 3.2 Challenges
- 4.0 Digital Twins Use Cases
- 5.0 Digital Twins Company Assessment
- 5.1 Key Strategic Initiative
- 5.2 ABB
- 5.3 Allerin Tech Pvt. Ltd.
- 5.4 Altair Engineering, Inc.
- 5.5 Amazon Web Services
- 5.6 ANSYS
- 5.7 Aucotec AG
- 5.8 Autodesk Inc.
- 5.9 Bentley Systems, Incorporated
- 5.10 CADFEM GmbH
- 5.11 Cisco Systems
- 5.12 Cityzenith
- 5.13 CoSMo Company SAS
- 5.14 Dassault Systems
- 5.15 Digital Twin Consortium
- 5.16 Digital Twin Technologies
- 5.17 DNV GL
- 5.18 DXC Technology
- 5.19 Eclipse Foundation
- 5.20 Emerson
- 5.21 Emesent
- 5.22 Faststream Technologies
- 5.23 FEINGUSS BLANK GmbH
- 5.24 Flowserve
- 5.25 Forward Networks
- 5.26 General Electric
- 5.27 Google
- 5.28 Hitachi Ltd.
- 5.29 Honeywell
- 5.30 HP
- 5.31 IBM
- 5.32 Industrial Internet Consortium
- 5.33 Intellias
- 5.34 Invicara
- 5.35 KBMax (Epicor)
- 5.36 Lanner Electronics
- 5.37 Microsoft
- 5.38 National Instruments
- 5.39 NavVis
- 5.40 Oracle
- 5.41 PETRA Data Science
- 5.42 Pratiti Technologies
- 5.43 Prodea System Inc.,
- 5.44 PTC
- 5.45 QiO Technologies
- 5.46 Robert Bosch
- 5.47 SAP
- 5.48 Schneider
- 5.49 SenSat
- 5.50 Siemens
- 5.51 Sight Machine Inc.
- 5.52 Simplifa GmbH
- 5.53 Softweb Solutions Inc.
- 5.54 Sogeti Group
- 5.55 SWIM.AI
- 5.56 Synavision
- 5.57 Sysmex Corporation
- 5.58 TIBCO Software
- 5.59 Toshiba Corporation
- 5.60 UrsaLeo
- 5.61 Virtalis Limited
- 5.62 Visualiz
- 5.63 Wipro Limited
- 5.64 XenonStack
- 5.65 Zest Labs
- 6.0 Digital Twins Market Analysis and Forecasts 2022 to 2030
- 6.1 Global Digital Twins 2022 – 2030
- 6.2 Digital Twins Market by Type of Twinning 2022 – 2030
- 6.3 Digital Twins Applications 2022 – 2030
- 6.4 Digital Twins by Industry 2022 – 2030
- 6.4.1 Digital Twins in Manufacturing by Type 2022 – 2030
- 6.4.2 Digital Twins in Smart City by Type 2022 – 2030
- 6.4.3 Digital Twins in Automotive by Type 2022 – 2030
- 6.4.4 Digital Twins in Healthcare by Type 2022 – 2030
- 6.4.5 Digital Twins in Transport by Type 2022 – 2030
- 6.5 Digital Twins by Region 2022 – 2030
- 6.5.1 North America Digital Twins 2022 – 2030
- 6.5.2 South America Digital Twins 2022 – 2030
- 6.5.3 Europe Digital Twins 2022 – 2030
- 6.5.4 APAC Digital Twins 2022 – 2030
- 6.5.5 MEA Digital Twins 2022 – 2030
- 7.0 Conclusions and Recommendations
- Figures
- Figure 1: Digital Twinning Model
- Figure 2: Building Blocks of Cognitive Digital Twinning
- Figure 3: Sample Digital Thread Model in Digital Manufacturing Transformation Process
- Figure 4: Example of Types of Digital Twinning
- Figure 5: Industrial Internet Building Block and Digital Twinning
- Figure 6: Additive Manufacturing Path and Goal
- Figure 7: Digital Thread for Additive Manufacturing in AM Process
- Figure 8: Data Fusion for MRO Operation
- Figure 9: Plataine Composite Manufacturing Model
- Figure 10: Digital Twinning Applications and Outcomes
- Figure 11: Drivers and Challenges of Digital Twin Market
- Figure 12: Global Digital Twins 2022 – 2030
- Figure 12: Digital Twins by Types 2022 – 2030
- Figure 13: Digital Twins Applications 2022 – 2030
- Figure 14: Digital Twins by Industry 2022 – 2030
- Figure 15: Digital Twins in Manufacturing by Type 2022 – 2030
- Figure 16: Digital Twins in Manufacturing by Application 2022 – 2030
- Figure 17: Digital Twins in Smart City by Type 2022 – 2030
- Figure 18: Digital Twins in Smart City by Application 2022 – 2030
- Figure 19: Digital Twins in Automotive by Type 2022 – 2030
- Figure 20: Digital Twins in Automotive by Application 2022 – 2030
- Figure 21: Digital Twins in Healthcare by Type 2022 – 2030
- Figure 22: Digital Twins in Healthcare by Application 2022 – 2030
- Figure 23: Digital Twins in Transport by Type 2022 – 2030
- Figure 24: Digital Twins in Transport by Application 2022 – 2030
- Figure 25: Digital Twins by Region 2022 – 2030
- Figure 26: North America Digital Twins by Country 2022 – 2030
- Figure 27: North America Digital Twins by Industry 2022 – 2030
- Figure 28: United States Digital Twins 2022 – 2030
- Figure 29: Canada Digital Twins 2022 – 2030
- Figure 30: Mexico Digital Twins 2022 – 2030
- Figure 31: South America Digital Twins by Country 2022 – 2030
- Figure 32: South America Digital Twins by Industry 2022 – 2030
- Figure 33: Argentina Digital Twins 2022 – 2030
- Figure 34: Brazil Digital Twins 2022 – 2030
- Figure 35: Chile Digital Twins 2022 – 2030
- Figure 36: Europe Digital Twins by Country 2022 – 2030
- Figure 37: Europe Digital Twins by Industry 2022 – 2030
- Figure 38: U.K. Digital Twins 2022 – 2030
- Figure 39: Germany Digital Twins 2022 – 2030
- Figure 40: France Digital Twins 2022 – 2030
- Figure 41: Spain Digital Twins 2022 – 2030
- Figure 42: Italy Digital Twins 2022 – 2030
- Figure 43: Poland Digital Twins 2022 – 2030
- Figure 44: Russia Digital Twins 2022 – 2030
- Figure 45: APAC Digital Twins by Country 2022 – 2030
- Figure 46: APAC Digital Twins by Industry 2022 – 2030
- Figure 47: China Digital Twins 2022 – 2030
- Figure 48: Japan Digital Twins 2022 – 2030
- Figure 49: South Korea Digital Twins 2022 – 2030
- Figure 50: Australia Digital Twins 2022 – 2030
- Figure 51: India Digital Twins 2022 – 2030
- Figure 52: MEA Digital Twins by Country 2022 – 2030
- Figure 53: MEA Digital Twins by Industry 2022 – 2030
- Figure 54: Qatar Digital Twins 2022 – 2030
- Figure 55: Kuwait Digital Twins 2022 – 2030
- Figure 56: Saudi Arabia Digital Twins 2022 – 2030
- Figure 57: South Africa Digital Twins 2022 – 2030
- Tables
- Table 1: Global Digital Twins 2022 – 2030
- Table 2: Digital Twins Market by Type of Twinning 2022 – 2030
- Table 3: Digital Twins Applications 2022 – 2030
- Table 4: Digital Twins by Industry 2022 – 2030
- Table 5: Digital Twins in Manufacturing by Type 2022 – 2030
- Table 6: Digital Twins in Manufacturing by Application 2022 – 2030
- Table 7: Digital Twins in Smart City by Type 2022 – 2030
- Table 8: Digital Twins in Smart City by Application 2022 – 2030
- Table 9: Digital Twins in Automotive by Type 2022 – 2030
- Table 10: Digital Twins in Automotive by Application 2022 – 2030
- Table 11: Digital Twins in Healthcare by Type 2022 – 2030
- Table 12: Digital Twins in Healthcare by Application 2022 – 2030
- Table 13: Digital Twins in Transport by Type 2022 – 2030
- Table 14: Digital Twins in Transport by Application 2022 – 2030
- Table 15: Digital Twins by Region 2022 – 2030
- Table 16: North America Digital Twins by Country 2022 – 2030
- Table 17: North America Digital Twins by Industry 2022 – 2030
- Table 18: South America Digital Twins by Country 2022 – 2030
- Table 19: South America Digital Twins by Industry 2022 – 2030
- Table 20: Europe Digital Twins by Country 2022 – 2030
- Table 21: Europe Digital Twins by Industry 2022 – 2030
- Table 22: APAC Digital Twins by Country 2022 – 2030
- Table 23: APAC Digital Twins by Industry 2022 – 2030
- Table 24: MEA Digital Twins by Country 2022 – 2030
- Table 25: MEA Digital Twins by Industry 2022 – 2030
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