Global Digital Twin Technology Market Growth (Status and Outlook) 2022-2028
- Category: Service & Software
- Published Date: Jan 2022
- Publisher: LP Information
- Pages: 100
As the global economy mends, the 2021 growth of Digital Twin Technology will have significant change from previous year. According to our (LP Information) latest study, the global Digital Twin Technology market size is USD million in 2022 from USD 1908.8 million in 2021, with a change of % between 2021 and 2022. The global Digital Twin Technology market size will reach USD 5557.5 million in 2028, growing at a CAGR of 16.5% over the analysis period.
The United States Digital Twin Technology market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Digital Twin Technology market, reaching US$ million by the year 2028. As for the Europe Digital Twin Technology landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Digital Twin Technology players cover General Electric, PTC, Siemens, and Dassault Systèmes, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Twin Technology market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Parts Twin
Product Twin
Process Twin
System Twin
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group
The United States Digital Twin Technology market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Digital Twin Technology market, reaching US$ million by the year 2028. As for the Europe Digital Twin Technology landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Digital Twin Technology players cover General Electric, PTC, Siemens, and Dassault Systèmes, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Digital Twin Technology market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Parts Twin
Product Twin
Process Twin
System Twin
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Twin Technology Market Size 2017-2028
2.1.2 Digital Twin Technology Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Digital Twin Technology Segment by Type
2.2.1 Parts Twin
2.2.2 Product Twin
2.2.3 Process Twin
2.2.4 System Twin
2.3 Digital Twin Technology Market Size by Type
2.3.1 Digital Twin Technology Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Digital Twin Technology Market Size Market Share by Type (2017-2022)
2.4 Digital Twin Technology Segment by Application
2.4.1 Aerospace & Defense
2.4.2 Automotive & Transportation
2.4.3 Machine Manufacturing
2.4.4 Energy & Utilities
2.4.5 Others
2.5 Digital Twin Technology Market Size by Application
2.5.1 Digital Twin Technology Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Digital Twin Technology Market Size Market Share by Application (2017-2022)
3 Digital Twin Technology Market Size by Player
3.1 Digital Twin Technology Market Size Market Share by Players
3.1.1 Global Digital Twin Technology Revenue by Players (2020-2022)
3.1.2 Global Digital Twin Technology Revenue Market Share by Players (2020-2022)
3.2 Global Digital Twin Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Twin Technology by Regions
4.1 Digital Twin Technology Market Size by Regions (2017-2022)
4.2 Americas Digital Twin Technology Market Size Growth (2017-2022)
4.3 APAC Digital Twin Technology Market Size Growth (2017-2022)
4.4 Europe Digital Twin Technology Market Size Growth (2017-2022)
4.5 Middle East & Africa Digital Twin Technology Market Size Growth (2017-2022)
5 Americas
5.1 Americas Digital Twin Technology Market Size by Country (2017-2022)
5.2 Americas Digital Twin Technology Market Size by Type (2017-2022)
5.3 Americas Digital Twin Technology Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Twin Technology Market Size by Region (2017-2022)
6.2 APAC Digital Twin Technology Market Size by Type (2017-2022)
6.3 APAC Digital Twin Technology Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Twin Technology by Country (2017-2022)
7.2 Europe Digital Twin Technology Market Size by Type (2017-2022)
7.3 Europe Digital Twin Technology Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Twin Technology by Region (2017-2022)
8.2 Middle East & Africa Digital Twin Technology Market Size by Type (2017-2022)
8.3 Middle East & Africa Digital Twin Technology Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Digital Twin Technology Market Forecast
10.1 Global Digital Twin Technology Forecast by Regions (2023-2028)
10.1.1 Global Digital Twin Technology Forecast by Regions (2023-2028)
10.1.2 Americas Digital Twin Technology Forecast
10.1.3 APAC Digital Twin Technology Forecast
10.1.4 Europe Digital Twin Technology Forecast
10.1.5 Middle East & Africa Digital Twin Technology Forecast
10.2 Americas Digital Twin Technology Forecast by Country (2023-2028)
10.2.1 United States Digital Twin Technology Market Forecast
10.2.2 Canada Digital Twin Technology Market Forecast
10.2.3 Mexico Digital Twin Technology Market Forecast
10.2.4 Brazil Digital Twin Technology Market Forecast
10.3 APAC Digital Twin Technology Forecast by Region (2023-2028)
10.3.1 China Digital Twin Technology Market Forecast
10.3.2 Japan Digital Twin Technology Market Forecast
10.3.3 Korea Digital Twin Technology Market Forecast
10.3.4 Southeast Asia Digital Twin Technology Market Forecast
10.3.5 India Digital Twin Technology Market Forecast
10.3.6 Australia Digital Twin Technology Market Forecast
10.4 Europe Digital Twin Technology Forecast by Country (2023-2028)
10.4.1 Germany Digital Twin Technology Market Forecast
10.4.2 France Digital Twin Technology Market Forecast
10.4.3 UK Digital Twin Technology Market Forecast
10.4.4 Italy Digital Twin Technology Market Forecast
10.4.5 Russia Digital Twin Technology Market Forecast
10.5 Middle East & Africa Digital Twin Technology Forecast by Region (2023-2028)
10.5.1 Egypt Digital Twin Technology Market Forecast
10.5.2 South Africa Digital Twin Technology Market Forecast
10.5.3 Israel Digital Twin Technology Market Forecast
10.5.4 Turkey Digital Twin Technology Market Forecast
10.5.5 GCC Countries Digital Twin Technology Market Forecast
10.6 Global Digital Twin Technology Forecast by Type (2023-2028)
10.7 Global Digital Twin Technology Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 General Electric
11.1.1 General Electric Company Information
11.1.2 General Electric Digital Twin Technology Product Offered
11.1.3 General Electric Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 General Electric Main Business Overview
11.1.5 General Electric Latest Developments
11.2 PTC
11.2.1 PTC Company Information
11.2.2 PTC Digital Twin Technology Product Offered
11.2.3 PTC Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 PTC Main Business Overview
11.2.5 PTC Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Digital Twin Technology Product Offered
11.3.3 Siemens Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 Dassault Systèmes
11.4.1 Dassault Systèmes Company Information
11.4.2 Dassault Systèmes Digital Twin Technology Product Offered
11.4.3 Dassault Systèmes Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Dassault Systèmes Main Business Overview
11.4.5 Dassault Systèmes Latest Developments
11.5 IBM Corporation
11.5.1 IBM Corporation Company Information
11.5.2 IBM Corporation Digital Twin Technology Product Offered
11.5.3 IBM Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 IBM Corporation Main Business Overview
11.5.5 IBM Corporation Latest Developments
11.6 ANSYS
11.6.1 ANSYS Company Information
11.6.2 ANSYS Digital Twin Technology Product Offered
11.6.3 ANSYS Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 ANSYS Main Business Overview
11.6.5 ANSYS Latest Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Information
11.7.2 Microsoft Corporation Digital Twin Technology Product Offered
11.7.3 Microsoft Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Microsoft Corporation Main Business Overview
11.7.5 Microsoft Corporation Latest Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Information
11.8.2 Oracle Corporation Digital Twin Technology Product Offered
11.8.3 Oracle Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Oracle Corporation Main Business Overview
11.8.5 Oracle Corporation Latest Developments
11.9 Accenture (Mackevision)
11.9.1 Accenture (Mackevision) Company Information
11.9.2 Accenture (Mackevision) Digital Twin Technology Product Offered
11.9.3 Accenture (Mackevision) Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 Accenture (Mackevision) Main Business Overview
11.9.5 Accenture (Mackevision) Latest Developments
11.10 SAP
11.10.1 SAP Company Information
11.10.2 SAP Digital Twin Technology Product Offered
11.10.3 SAP Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 SAP Main Business Overview
11.10.5 SAP Latest Developments
11. AVEVA Group
11.11.1 AVEVA Group Company Information
11.11.2 AVEVA Group Digital Twin Technology Product Offered
11.11.3 AVEVA Group Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.11.4 AVEVA Group Main Business Overview
11.11.5 AVEVA Group Latest Developments
12 Research Findings and Conclusion
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Digital Twin Technology Market Size 2017-2028
2.1.2 Digital Twin Technology Market Size CAGR by Region 2017 VS 2022 VS 2028
2.2 Digital Twin Technology Segment by Type
2.2.1 Parts Twin
2.2.2 Product Twin
2.2.3 Process Twin
2.2.4 System Twin
2.3 Digital Twin Technology Market Size by Type
2.3.1 Digital Twin Technology Market Size CAGR by Type (2017 VS 2022 VS 2028)
2.3.2 Global Digital Twin Technology Market Size Market Share by Type (2017-2022)
2.4 Digital Twin Technology Segment by Application
2.4.1 Aerospace & Defense
2.4.2 Automotive & Transportation
2.4.3 Machine Manufacturing
2.4.4 Energy & Utilities
2.4.5 Others
2.5 Digital Twin Technology Market Size by Application
2.5.1 Digital Twin Technology Market Size CAGR by Application (2017 VS 2022 VS 2028)
2.5.2 Global Digital Twin Technology Market Size Market Share by Application (2017-2022)
3 Digital Twin Technology Market Size by Player
3.1 Digital Twin Technology Market Size Market Share by Players
3.1.1 Global Digital Twin Technology Revenue by Players (2020-2022)
3.1.2 Global Digital Twin Technology Revenue Market Share by Players (2020-2022)
3.2 Global Digital Twin Technology Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2020-2022)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Digital Twin Technology by Regions
4.1 Digital Twin Technology Market Size by Regions (2017-2022)
4.2 Americas Digital Twin Technology Market Size Growth (2017-2022)
4.3 APAC Digital Twin Technology Market Size Growth (2017-2022)
4.4 Europe Digital Twin Technology Market Size Growth (2017-2022)
4.5 Middle East & Africa Digital Twin Technology Market Size Growth (2017-2022)
5 Americas
5.1 Americas Digital Twin Technology Market Size by Country (2017-2022)
5.2 Americas Digital Twin Technology Market Size by Type (2017-2022)
5.3 Americas Digital Twin Technology Market Size by Application (2017-2022)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Digital Twin Technology Market Size by Region (2017-2022)
6.2 APAC Digital Twin Technology Market Size by Type (2017-2022)
6.3 APAC Digital Twin Technology Market Size by Application (2017-2022)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Digital Twin Technology by Country (2017-2022)
7.2 Europe Digital Twin Technology Market Size by Type (2017-2022)
7.3 Europe Digital Twin Technology Market Size by Application (2017-2022)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Digital Twin Technology by Region (2017-2022)
8.2 Middle East & Africa Digital Twin Technology Market Size by Type (2017-2022)
8.3 Middle East & Africa Digital Twin Technology Market Size by Application (2017-2022)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Digital Twin Technology Market Forecast
10.1 Global Digital Twin Technology Forecast by Regions (2023-2028)
10.1.1 Global Digital Twin Technology Forecast by Regions (2023-2028)
10.1.2 Americas Digital Twin Technology Forecast
10.1.3 APAC Digital Twin Technology Forecast
10.1.4 Europe Digital Twin Technology Forecast
10.1.5 Middle East & Africa Digital Twin Technology Forecast
10.2 Americas Digital Twin Technology Forecast by Country (2023-2028)
10.2.1 United States Digital Twin Technology Market Forecast
10.2.2 Canada Digital Twin Technology Market Forecast
10.2.3 Mexico Digital Twin Technology Market Forecast
10.2.4 Brazil Digital Twin Technology Market Forecast
10.3 APAC Digital Twin Technology Forecast by Region (2023-2028)
10.3.1 China Digital Twin Technology Market Forecast
10.3.2 Japan Digital Twin Technology Market Forecast
10.3.3 Korea Digital Twin Technology Market Forecast
10.3.4 Southeast Asia Digital Twin Technology Market Forecast
10.3.5 India Digital Twin Technology Market Forecast
10.3.6 Australia Digital Twin Technology Market Forecast
10.4 Europe Digital Twin Technology Forecast by Country (2023-2028)
10.4.1 Germany Digital Twin Technology Market Forecast
10.4.2 France Digital Twin Technology Market Forecast
10.4.3 UK Digital Twin Technology Market Forecast
10.4.4 Italy Digital Twin Technology Market Forecast
10.4.5 Russia Digital Twin Technology Market Forecast
10.5 Middle East & Africa Digital Twin Technology Forecast by Region (2023-2028)
10.5.1 Egypt Digital Twin Technology Market Forecast
10.5.2 South Africa Digital Twin Technology Market Forecast
10.5.3 Israel Digital Twin Technology Market Forecast
10.5.4 Turkey Digital Twin Technology Market Forecast
10.5.5 GCC Countries Digital Twin Technology Market Forecast
10.6 Global Digital Twin Technology Forecast by Type (2023-2028)
10.7 Global Digital Twin Technology Forecast by Application (2023-2028)
11 Key Players Analysis
11.1 General Electric
11.1.1 General Electric Company Information
11.1.2 General Electric Digital Twin Technology Product Offered
11.1.3 General Electric Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.1.4 General Electric Main Business Overview
11.1.5 General Electric Latest Developments
11.2 PTC
11.2.1 PTC Company Information
11.2.2 PTC Digital Twin Technology Product Offered
11.2.3 PTC Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.2.4 PTC Main Business Overview
11.2.5 PTC Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Digital Twin Technology Product Offered
11.3.3 Siemens Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 Dassault Systèmes
11.4.1 Dassault Systèmes Company Information
11.4.2 Dassault Systèmes Digital Twin Technology Product Offered
11.4.3 Dassault Systèmes Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.4.4 Dassault Systèmes Main Business Overview
11.4.5 Dassault Systèmes Latest Developments
11.5 IBM Corporation
11.5.1 IBM Corporation Company Information
11.5.2 IBM Corporation Digital Twin Technology Product Offered
11.5.3 IBM Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.5.4 IBM Corporation Main Business Overview
11.5.5 IBM Corporation Latest Developments
11.6 ANSYS
11.6.1 ANSYS Company Information
11.6.2 ANSYS Digital Twin Technology Product Offered
11.6.3 ANSYS Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.6.4 ANSYS Main Business Overview
11.6.5 ANSYS Latest Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Information
11.7.2 Microsoft Corporation Digital Twin Technology Product Offered
11.7.3 Microsoft Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.7.4 Microsoft Corporation Main Business Overview
11.7.5 Microsoft Corporation Latest Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Information
11.8.2 Oracle Corporation Digital Twin Technology Product Offered
11.8.3 Oracle Corporation Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.8.4 Oracle Corporation Main Business Overview
11.8.5 Oracle Corporation Latest Developments
11.9 Accenture (Mackevision)
11.9.1 Accenture (Mackevision) Company Information
11.9.2 Accenture (Mackevision) Digital Twin Technology Product Offered
11.9.3 Accenture (Mackevision) Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.9.4 Accenture (Mackevision) Main Business Overview
11.9.5 Accenture (Mackevision) Latest Developments
11.10 SAP
11.10.1 SAP Company Information
11.10.2 SAP Digital Twin Technology Product Offered
11.10.3 SAP Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.10.4 SAP Main Business Overview
11.10.5 SAP Latest Developments
11. AVEVA Group
11.11.1 AVEVA Group Company Information
11.11.2 AVEVA Group Digital Twin Technology Product Offered
11.11.3 AVEVA Group Digital Twin Technology Revenue, Gross Margin and Market Share (2020-2022)
11.11.4 AVEVA Group Main Business Overview
11.11.5 AVEVA Group Latest Developments
12 Research Findings and Conclusion
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