Digital Twin Technology Market

Feb 2021| MRS068A| Market Research Studies

Report Highlights

The scope of this report is broad and covers different types of digital twin technology market, along with the different types of segments. The market is broken down by type, and regional markets. Revenue forecasts from 2019 to 2025 are given for each major type of digital twin technology market, type outlook, and regional market, and the estimated values are derived from the manufacturers’ total revenues.

The report also includes a discussion of the major players across each of the regional digital twin technology market; it explains the major market drivers of the global digital twin technology market industry, current trends within the industry, major type outlooks and the regional dynamics of the global digital twin technology market.

The report concludes with a special focus on the vendor landscape, which includes detailed profiles of the major vendors in the global digital twin technology market.

Report Includes

  • 64 tables
  • An up-to-date analysis of the global Digital twin technology market
  • Analyses of the global market trends, with data from 2019, 2020, estimates for 2021, and projections of compound annual growth rates (CAGRs) through 2025.
  • Estimation of market size and revenue forecast for global Digital twin technology market, and corresponding market share analysis by type, and region for each market segment.
  • Highlights of emerging technology trends, gaps and opportunities in the market estimating current and future demand for Digital twin technology market, identification of the companies that are best positioned to meet this demand.
  • In-depth information (facts and figures) concerning market drivers, restraints and other forces affecting the progress of this market.
  • Identification of new Product Outlooks and Application still in the development and their probability of successful commercial launch within the next five years
  • Impact of COVID-19 on the Digital twin technology market as compared to overall global economy.
  • Insight into the growth development strategies of major Digital twin technology market manufacturers and their key competitive landscape
  • Descriptive company profiles of the leading market participants, including General Electric, IBM, PTC, Microsoft Corporation, Oracle Corporation, ANSYS, Siemens AG and SAP SE.

Summary

Digital twin technology can be referred to as virtual replicas of physical entities. A digital twin technology can help construction projects by enhancing and automating conventional design, production, and operational processes. As such, it can cater as the backbone for prefabrication and as a more vital means for obtaining industrialized efficiency.

Based on the types of technology type, the market is bifurcated into product, process, and system. The system technology segment accounted for the highest share of the market.

The global digital twin technology for the construction market will grow from $3.1 billion in 2020 to $ 48.2 billion by 2025 at a five-year CAGR of 58%. The market for digital twin technology for construction is expected to grow, mainly due to the rising number of smart buildings in major economies across the globe.

In 2020, the North American region has a significant contribution to the digital twin technology for the construction market. The market is primarily driven by factors such as the early adoption of advanced technology, increasing number of constructions of smart buildings in the region.

  • Table 1 : Research Programs/Design For This Report
  • Table 2 : Key Data Information From Secondary Sources
  • Table 3 : Key Data Information From Primary Sources
  • Table 4 : Global Digital twin technology Market By Type Outlook 2021-2025 (USD Billion)
  • Table 5 : North America Digital twin technology Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 6 : North America Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 7 : U.S Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 8 : Canada Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 9 : Mexico Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 10 : Europe Digital twin technology Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 11 : Europe Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 12 : Germany Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 13 : U.K Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 14 : Spain Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 15 : France Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 16 : Italy Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 17 : Russia Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 18 : Netherlands Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 19 : Switzerland Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 20 : Rest of Europe Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 21 : Asia Pacific Digital twin technology Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 22 : Asia Pacific Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 23 : China Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 24 : Japan Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 25 : India Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 26 : South Korea Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 27 : Singapore Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 28 : Malaysia Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 29 : Philippines Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 30 : Vietnam Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 31 : Rest of Asia Pacific Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 32 : Rest of World Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 33 : Middle East & Africa Digital twin technology Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 34 : Saudi Arabia Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 35 : Iran Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 36 : UAE Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 37 : South Africa Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 38 : South America Digital twin technology Market Estimates & Forecast, By Country 2021 – 2025 (USD Billion)
  • Table 39 : South America Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 40 : Brazil Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 41 : Argentina Digital twin technology Market Estimates & Forecast, By Type Outlook, 2021 – 2025 (USD Billion)
  • Table 42 : General Electric Company Details
  • Table 43 : General Electric Description And Business Overview
  • Table 44 : General Electric Financial Analysis
  • Table 45 : General Electric Product Outlook Portfolio
  • Table 46 : General Electric. Recent Development
  • Table 47 : IBM Company Details
  • Table 48 : IBM Description And Business Overview
  • Table 49 : IBM Financial Analysis
  • Table 50 : IBM Product Outlook Portfolio
  • Table 51 : IBM Recent Development
  • Table 52 : PTC Company Details
  • Table 53 : PTC Description and Business Overview
  • Table 54 : PTC Financial Analysis
  • Table 55 : PTC Product Outlook Portfolio
  • Table 56 : MICROSOFT CORPORATION Company Details
  • Table 57 : MICROSOFT CORPORATION Description And Business Overview
  • Table 58 : MICROSOFT CORPORATION Financial Analysis
  • Table 59 : MICROSOFT CORPORATION Product Outlook Portfolio
  • Table 60 : MICROSOFT CORPORATION Recent Development
  • Table 61 : Oracle Corporation Company Details
  • Table 62 : Oracle Corporation Description and Business Overview
  • Table 63 : Oracle Corporation Financial Analysis
  • Table 64 : Oracle Corporation Product Outlook Portfolio
  • Figure 1 : MRS Methodology For Estimating The Market Demand And Forecast
  • Figure 2 : Bottom-Up And Top-Down Approaches For This Report
  • Figure 3 : Data Triangulation
  • Figure 4 : Global Digital twin technology Market By Type Outlook 2021-2025 (USD Billion)
  • Figure 5 : Global Digital twin technology Market By Growth And Revenue 2021-2025 (USD Billion)
  • Figure 6 : Global Digital twin technology Market By Country 2021-2025 (USD Billion)
  • Figure 7 : Porter's Five Forces Analysis
  • Figure 8 : Channels Of Distribution
  • Figure 9 : Company Profiles
  • Figure 10 : Digital twin technology Value Chain Analysis
  • Figure 11 : Global Digital twin technology Market Share, By Type Outlook, 2021
  • Figure 12 : Global Digital twin technology Market Share, By Region, 2021
  • Figure 13 : Digital twin technology Market Overview (Drivers, Restraints, Opportunities)

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