
Global Industry 5.0 Market Growth, Size, Trends Analysis - By Component, By Technology, By End User - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Industry 5.0 Market Introduction and Overview
According to SPER market research, ‘Global Industry 5.0 Market Size- By Component, By Technology, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Industry 5.0 Market is predicted to reach 1011.98 billion by 2034 with a CAGR of 31.43%.
Industry 5.0 is the next move in manufacturing and industry, emphasising human collaboration and intelligent automation. This concept combines advanced technologies such as artificial intelligence and robotics with human creativity and craftsmanship to improve manufacturing efficiency and personalisation. Industry 5.0 promotes production systems that are flexible and adaptive so they can react quickly to shifting consumer preferences, product variations, and customisation requirements.
Restraints:One of the main obstacles to Industry 5.0 adoption is the shortage of skilled labour. Gaps in knowledge and skills for complex technologies, along with resistance to change, make it hard to integrate and implement new systems. Many organizations do not fully understand the capabilities of digital technologies due to their complexity. For instance, creating a digital twin for IIoT requires various skills and trained workers.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Component, By Technology, By End User
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
ABB, Honeywell International Inc, 3D Systems, Rockwell Automation, Siemens, Emerson Electric Co, Piher Sensing Systems, Stratasys, Schneider Electric, Cisco Systems, Inc, FANUC CORPORATION, Yaskawa Electric Corp.
Global Industry 5.0 Market Segmentation:
By Component:
Based on the Component, Global Industry 5.0 Market is segmented as; Hardware, Software, Services.
By Technology: Based on the Technology, Global Industry 5.0 Market is segmented as; 3D Printing, Robotics, Industrial Sensors, Cloud Computing, Artificial Intelligence & Machine Learning, Augmented Reality & Virtual Reality, Digital Twin, Big Data & Advanced Analytics, Others.
By End User:
Based on the End User, Global Industry 5.0 Market is segmented as; Manufacturing, Healthcare, Automotive, Energy & Utilities, Oil and Gas, Food & Beverage, Aerospace and Defense, Others.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
According to SPER market research, ‘Global Industry 5.0 Market Size- By Component, By Technology, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Industry 5.0 Market is predicted to reach 1011.98 billion by 2034 with a CAGR of 31.43%.
Industry 5.0 is the next move in manufacturing and industry, emphasising human collaboration and intelligent automation. This concept combines advanced technologies such as artificial intelligence and robotics with human creativity and craftsmanship to improve manufacturing efficiency and personalisation. Industry 5.0 promotes production systems that are flexible and adaptive so they can react quickly to shifting consumer preferences, product variations, and customisation requirements.
Restraints:One of the main obstacles to Industry 5.0 adoption is the shortage of skilled labour. Gaps in knowledge and skills for complex technologies, along with resistance to change, make it hard to integrate and implement new systems. Many organizations do not fully understand the capabilities of digital technologies due to their complexity. For instance, creating a digital twin for IIoT requires various skills and trained workers.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Component, By Technology, By End User
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
ABB, Honeywell International Inc, 3D Systems, Rockwell Automation, Siemens, Emerson Electric Co, Piher Sensing Systems, Stratasys, Schneider Electric, Cisco Systems, Inc, FANUC CORPORATION, Yaskawa Electric Corp.
Global Industry 5.0 Market Segmentation:
By Component:
Based on the Component, Global Industry 5.0 Market is segmented as; Hardware, Software, Services.
By Technology: Based on the Technology, Global Industry 5.0 Market is segmented as; 3D Printing, Robotics, Industrial Sensors, Cloud Computing, Artificial Intelligence & Machine Learning, Augmented Reality & Virtual Reality, Digital Twin, Big Data & Advanced Analytics, Others.
By End User:
Based on the End User, Global Industry 5.0 Market is segmented as; Manufacturing, Healthcare, Automotive, Energy & Utilities, Oil and Gas, Food & Beverage, Aerospace and Defense, Others.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
Table of Contents
222 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Industry 5.0 Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Industry 5.0 Market
- 7. Global Industry 5.0 Market, By Component (USD Million) 2021-2034
- 7.1. Hardware
- 7.2. Software
- 7.3. Services
- 8. Global Industry 5.0 Market, By Technology (USD Million) 2021-2034
- 8.1. 3D Printing
- 8.2. Robotics
- 8.3. Industrial Sensors
- 8.4. Cloud Computing
- 8.5. Artificial Intelligence (AI) & Machine Learning (ML)
- 8.6. Augmented Reality (AR) & Virtual Reality (VR)
- 8.7. Digital Twin
- 8.8. Big Data & Advanced Analytics
- 8.9. Others
- 9. Global Industry 5.0 Market, By End User (USD Million) 2021-2034
- 9.1. Manufacturing
- 9.2. Healthcare
- 9.3. Automotive
- 9.4. Energy & Utilities
- 9.5. Oil and Gas
- 9.6. Food & Beverage
- 9.7. Aerospace and Defense
- 9.8. Others
- 10. Global Industry 5.0 Market, (USD Million) 2021-2034
- 10.1. Global Industry 5.0 Market Size and Market Share
- 11. Global Industry 5.0 Market, By Region, (USD Million) 2021-2034
- 11.1. Asia-Pacific
- 11.1.1. Australia
- 11.1.2. China
- 11.1.3. India
- 11.1.4. Japan
- 11.1.5. South Korea
- 11.1.6. Rest of Asia-Pacific
- 11.2. Europe
- 11.2.1. France
- 11.2.2. Germany
- 11.2.3. Italy
- 11.2.4. Spain
- 11.2.5. United Kingdom
- 11.2.6. Rest of Europe
- 11.3. Middle East and Africa
- 11.3.1. Kingdom of Saudi Arabia
- 11.3.2. United Arab Emirates
- 11.3.3. Qatar
- 11.3.4. South Africa
- 11.3.5. Egypt
- 11.3.6. Morocco
- 11.3.7. Nigeria
- 11.3.8. Rest of Middle-East and Africa
- 11.4. North America
- 11.4.1. Canada
- 11.4.2. Mexico
- 11.4.3. United States
- 11.5. Latin America
- 11.5.1. Argentina
- 11.5.2. Brazil
- 11.5.3. Rest of Latin America
- 12. Company Profile
- 12.1. ABB
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Honeywell International Inc
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. 3D Systems
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Rockwell Automation
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Siemens
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Emerson Electric Co
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Piher Sensing Systems
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Stratasys
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Schneider Electric
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Cisco Systems, Inc
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. FANUC CORPORATION
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. Yaskawa Electric Corp
- 12.12.1. Company details
- 12.12.2. Financial outlook
- 12.12.3. Product summary
- 12.12.4. Recent developments
- 12.12.5. Recent developments
- 12.13. Others
- 13. Conclusion
- 14. List of Abbreviations
- 15. Reference Links
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