
Industry 5.0 Market Size and Forecast 2023 - 2032
Description
Industry 5.0 Market Size and Forecast 2023 - 2032
The Industry 5.0 Market Size accounted for USD 52.2 Billion in 2022 and is projected to achieve a market size of USD 789.8 Billion by 2032 growing at a CAGR of 31.3% from 2023 to 2032.
The Industry 5.0 market represents the next evolutionary step in industrial innovation, focusing on the integration of advanced technologies with human-centric approaches to manufacturing and production. Unlike its predecessor, Industry 4.0, which emphasized automation and digitalization, Industry 5.0 seeks to harmonize human capabilities with intelligent systems, enhancing both productivity and the quality of human work experiences. This paradigm shift aims to foster a more collaborative environment where humans and machines work together synergistically.
Key drivers of the Industry 5.0 market include the increasing need for personalized and custom manufacturing, advancements in artificial intelligence (AI), robotics, and the Internet of Things (IoT). Industry 5.0 emphasizes the reintroduction of human oversight and creativity into production processes, leveraging smart technologies to enable more flexible and adaptable manufacturing systems. This approach not only enhances efficiency but also addresses the growing demand for sustainable practices and improved working conditions.
The market features a range of technological innovations, including collaborative robots (cobots), advanced AI-driven analytics, and augmented reality (AR) tools. These technologies are designed to support human workers by automating repetitive tasks, providing real-time data insights, and enhancing decision-making processes. Additionally, Industry 5.0 promotes the development of human-centric workplaces that prioritize employee well-being and skills development.
Industry 5.0 Market Segmentation
The global industry 5.0 market segmentation is based on technology, industry, and geography.
Industry 5.0 Market By Technology
Digital Twin
AI In Manufacturing
Industrial 3D Printing
AR/VR
Robots
Industrial Sensors
Industry 5.0 Market By Industry
Automotive
Medical
Energy
Semiconductor & Electronics
Oil & Gas
Food & Beverage
Aerospace
Chemicals
Metals & Mining
Others
Industry 5.0 Market Players:
Some of the top industry 5.0 market companies offered in the professional report include Emerson Electric Co., Yaskawa Electric Corp., Honeywell International Inc., Kuka AG., Schneider Electric, Nexus Integra, Siemens A.G., Universal Robots A/S, Cisco Systems, Inc., ABB, FANUC CORPORATION, and Rockwell Automation, Inc.
Industry 5.0 Market Regional Outlook:
North America (United States and Canada)
Europe (Germany, UK, France, Spain and Rest Of Europe)
Asia-Pacific (China, Japan, South Korea, India, Australia,Rest of Asia-Pacific )
Latin America (Brazil, Mexico and Rest Of Latin America.)
Middle East and Africa (South Africa,GCC Countries and Rest Of the Middle East and Africa(ME&A)
Table of Contents
250 Pages
- CHAPTER 1. Industry Overview of Industry 5.0 Market
- 1.1. Definition and Scope
- 1.1.1. Definition of Industry 5.0
- 1.1.2. Market Segmentation
- 1.1.3. Years Considered for the Study
- 1.1.4. Assumptions and Acronyms Used
- 1.1.4.1. Market Assumptions and Market Forecast
- 1.1.4.2. Acronyms Used in Global Industry 5.0 Market
- 1.2. Summary
- 1.2.1. Executive Summary
- 1.2.2. Industry 5.0 Market By Technology
- 1.2.3. Industry 5.0 Market By Industry
- 1.2.4. Industry 5.0 Market By Region
- CHAPTER 2. Research Approach
- 2.1. Methodology
- 2.1.1. Research Programs
- 2.1.2. Market Size Estimation
- 2.1.3. Market Breakdown and Data Triangulation
- 2.2. Data Source
- 2.2.1. Secondary Source
- 2.2.2. Primary Source
- CHAPTER 3. Market Dynamics And Competition Analysis
- 3.1. Market Drivers
- 3.1.1. Driver 1
- 3.1.2. Driver 2
- 3.2. Restraints and Challenges
- 3.2.1. Restraint 1
- 3.2.2. Restraint 2
- 3.3. Growth Opportunities
- 3.3.1. Opportunity 1
- 3.3.2. Opportunity 2
- 3.4. Porter’s Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of Substitute
- 3.4.4. Threat of New Entrants
- 3.4.5. Degree of Competition
- 3.5. Market Concentration Ratio and Market Maturity Analysis of Industry 5.0 Market
- 3.5.1. Go To Market Strategy
- 3.5.1.1. Introduction
- 3.5.1.2. Growth
- 3.5.1.3. Maturity
- 3.5.1.4. Saturation
- 3.5.1.5. Possible Development
- 3.6. Technological Roadmap for Industry 5.0 Market
- 3.7. Value Chain Analysis
- 3.7.1. List of Key Manufacturers
- 3.7.2. List of Customers
- 3.7.3. Level of Integration
- 3.8. Price Trend of Key Raw Material
- 3.8.1. Raw Material Suppliers
- 3.8.2. Proportion of Manufacturing Cost Structure
- 3.8.2.1. Raw Material
- 3.8.2.2. Labor Cost
- 3.8.2.3. Manufacturing Expense
- 3.9. Regulatory Compliance
- 3.10. Competitive Landscape, 2022
- 3.10.1. Player Positioning Analysis
- 3.10.2. Key Strategies Adopted By Leading Players
- CHAPTER 4. Manufacturing Plant Analysis
- 4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
- 4.2. R&D Status of Major Manufacturers in 2022
- CHAPTER 5. Industry 5.0 Market By Technology
- 5.1. Introduction
- 5.2. Industry 5.0 Revenue By Technology
- 5.2.1. Industry 5.0 Revenue (USD Billion) and Forecast, By Technology, 2020-2032
- 5.2.2. Digital Twin
- 5.2.2.1. Digital Twin Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 5.2.3. AI In Manufacturing
- 5.2.3.1. AI In Manufacturing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 5.2.4. Industrial 3D Printing
- 5.2.4.1. Industrial 3D Printing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 5.2.5. AR/VR
- 5.2.5.1. AR/VR Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 5.2.6. Robots
- 5.2.6.1. Robots Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 5.2.7. Industrial Sensors
- 5.2.7.1. Industrial Sensors Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- CHAPTER 6. Industry 5.0 Market By Industry
- 6.1. Introduction
- 6.2. Industry 5.0 Revenue By Industry
- 6.2.1. Industry 5.0 Revenue (USD Billion) and Forecast, By Industry, 2020-2032
- 6.2.2. Automotive
- 6.2.2.1. Automotive Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.3. Medical
- 6.2.3.1. Medical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.4. Energy
- 6.2.4.1. Energy Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.5. Semiconductor & Electronics
- 6.2.5.1. Semiconductor & Electronics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.6. Oil & Gas
- 6.2.6.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.7. Food & Beverage
- 6.2.7.1. Food & Beverage Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.8. Aerospace
- 6.2.8.1. Aerospace Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.9. Chemicals
- 6.2.9.1. Chemicals Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.10. Metals & Mining
- 6.2.10.1. Metals & Mining Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- 6.2.11. Others
- 6.2.11.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
- CHAPTER 7. North America Industry 5.0 Market By Country
- 7.1. North America Industry 5.0 Market Overview
- 7.2. U.S.
- 7.2.1. U.S. Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 7.2.2. U.S. Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 7.3. Canada
- 7.3.1. Canada Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 7.3.2. Canada Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 7.4. North America PEST Analysis
- CHAPTER 8. Europe Industry 5.0 Market By Country
- 8.1. Europe Industry 5.0 Market Overview
- 8.2. U.K.
- 8.2.1. U.K. Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 8.2.2. U.K. Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 8.3. Germany
- 8.3.1. Germany Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 8.3.2. Germany Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 8.4. France
- 8.4.1. France Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 8.4.2. France Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 8.5. Spain
- 8.5.1. Spain Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 8.5.2. Spain Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 8.6. Rest of Europe
- 8.6.1. Rest of Europe Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 8.6.2. Rest of Europe Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 8.7. Europe PEST Analysis
- CHAPTER 9. Asia Pacific Industry 5.0 Market By Country
- 9.1. Asia Pacific Industry 5.0 Market Overview
- 9.2. China
- 9.2.1. China Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.2.2. China Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.3. Japan
- 9.3.1. Japan Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.3.2. Japan Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.4. India
- 9.4.1. India Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.4.2. India Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.5. Australia
- 9.5.1. Australia Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.5.2. Australia Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.6. South Korea
- 9.6.1. South Korea Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.6.2. South Korea Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.7. Rest of Asia-Pacific
- 9.7.1. Rest of Asia-Pacific Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 9.7.2. Rest of Asia-Pacific Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 9.8. Asia Pacific PEST Analysis
- CHAPTER 10. Latin America Industry 5.0 Market By Country
- 10.1. Latin America Industry 5.0 Market Overview
- 10.2. Brazil
- 10.2.1. Brazil Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 10.2.2. Brazil Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 10.3. Mexico
- 10.3.1. Mexico Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 10.3.2. Mexico Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 10.4. Rest of Latin America
- 10.4.1. Rest of Latin America Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 10.4.2. Rest of Latin America Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 10.5. Latin America PEST Analysis
- CHAPTER 11. Middle East & Africa Industry 5.0 Market By Country
- 11.1. Middle East & Africa Industry 5.0 Market Overview
- 11.2. GCC
- 11.2.1. GCC Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 11.2.2. GCC Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 11.3. South Africa
- 11.3.1. South Africa Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 11.3.2. South Africa Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 11.4. Rest of Middle East & Africa
- 11.4.1. Rest of Middle East & Africa Industry 5.0 Revenue (USD Billion) and Forecast By Technology, 2020-2032
- 11.4.2. Rest of Middle East & Africa Industry 5.0 Revenue (USD Billion) and Forecast By Industry, 2020-2032
- 11.5. Middle East & Africa PEST Analysis
- CHAPTER 12. Player Analysis OfIndustry 5.0 Market
- 12.1. Industry 5.0 Market Company Share Analysis
- 12.2. Competition Matrix
- 12.2.1. Competitive Benchmarking Of Key Players By Price, Presence, Market Share, And R&D Investment
- 12.2.2. New Product Launches and Product Enhancements
- 12.2.3. Mergers And Acquisition In Global Industry 5.0 Market
- 12.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
- CHAPTER 13. Company Profile
- 13.1. Emerson Electric Co.
- 13.1.1. Company Snapshot
- 13.1.2. Business Overview
- 13.1.3. Financial Overview
- 13.1.3.1. Revenue (USD Billion), 2022
- 13.1.3.2. Emerson Electric Co. 2022 Industry 5.0 Business Regional Distribution
- 13.1.4. Product/Service and Specification
- 13.1.5. Recent Developments & Business Strategy
- 13.2. Yaskawa Electric Corp.
- 13.3. Honeywell International Inc.
- 13.4. Kuka AG.
- 13.5. Schneider Electric
- 13.6. Nexus Integra
- 13.7. Siemens A.G.
- 13.8. Universal Robots A/S
- 13.9. Cisco Systems, Inc.
- 13.10. ABB
- 13.11. FANUC CORPORATION
- 13.12. Rockwell Automation, Inc.
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