This report focuses on the global Digital Twin status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Twin development in United States, Europe and China.
Digital Twin is a near-real-time digital image about the historical and current behavior of a physical object or process that helps optimize business performance.
Digital twins exist at the nexus of physical engineering, data science, and machine learning, and their value translates directly to measurable business outcomes—reduced asset downtime and maintenance costs, improved plant and factory efficiency, reduced cycle times, and increased market agility.
Top 5 suppliers took up about 80% of the global market in 2016. GE, PTC, Siemens, Dassault Systèmes, which have leading technology and market position, are well-known suppliers around the world. Other players, like SAP and Mackevision from Germany, Toshiba from Japan, Huawei from China, Cybernet Systems from Canada, TCS (Partner of Dassault Systèmes) from India, Altair from the USA, etc., are also said the new players of Digital Twin technology in 2017.
USA is the largest market of Digital Twin in the world in the past few years and it will keep increasing in the next few years. USA market took up about 56% the global market in 2016, while Europe was about 43%.
China, Japan, India and S. Korea, etc. are now the key developing market of Digital Twin in the future while they are all just at the beginning of digital twin technology. There are few vendors to have digital twin technology, and the Chinese market is still much smaller than the USA. Chinese AVIC have signed an agreement with French Dassault Systèmes to develop the digital twin in Jun. 2017.
In 2017, the global Digital Twin market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
The key players covered in this study
General Electric
PTC
Siemens
Dassault Systèmes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Market segment by Type, the product can be split into
Parts Twin
Product Twin
Process Twin
System Twin
Market segment by Application, split into
Aerospace & Defense
Automotive & Transportation
Machine Manufacturing
Energy & Utilities
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Digital Twin status, future forecast, growth opportunity, key market and key players.
To present the Digital Twin development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Digital Twin are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Digital Twin Market Size Growth Rate by Type (2013-2025)
1.4.2 Parts Twin
1.4.3 Product Twin
1.4.4 Process Twin
1.4.5 System Twin
1.5 Market by Application
1.5.1 Global Digital Twin Market Share by Application (2013-2025)
1.5.2 Aerospace & Defense
1.5.3 Automotive & Transportation
1.5.4 Machine Manufacturing
1.5.5 Energy & Utilities
1.5.6 Others
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Digital Twin Market Size
2.2 Digital Twin Growth Trends by Regions
2.2.1 Digital Twin Market Size by Regions (2013-2025)
2.2.2 Digital Twin Market Share by Regions (2013-2018)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
3 Market Share by Key Players
3.1 Digital Twin Market Size by Manufacturers
3.1.1 Global Digital Twin Revenue by Manufacturers (2013-2018)
3.1.2 Global Digital Twin Revenue Market Share by Manufacturers (2013-2018)
3.1.3 Global Digital Twin Market Concentration Ratio (CR5 and HHI)
3.2 Digital Twin Key Players Head office and Area Served
3.3 Key Players Digital Twin Product/Solution/Service
3.4 Date of Enter into Digital Twin Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
4.1 Global Digital Twin Market Size by Type (2013-2018)
4.2 Global Digital Twin Market Size by Application (2013-2018)
5 United States
5.1 United States Digital Twin Market Size (2013-2018)
5.2 Digital Twin Key Players in United States
5.3 United States Digital Twin Market Size by Type
5.4 United States Digital Twin Market Size by Application
6 Europe
6.1 Europe Digital Twin Market Size (2013-2018)
6.2 Digital Twin Key Players in Europe
6.3 Europe Digital Twin Market Size by Type
6.4 Europe Digital Twin Market Size by Application
7 China
7.1 China Digital Twin Market Size (2013-2018)
7.2 Digital Twin Key Players in China
7.3 China Digital Twin Market Size by Type
7.4 China Digital Twin Market Size by Application
8 Japan
8.1 Japan Digital Twin Market Size (2013-2018)
8.2 Digital Twin Key Players in Japan
8.3 Japan Digital Twin Market Size by Type
8.4 Japan Digital Twin Market Size by Application
9 Southeast Asia
9.1 Southeast Asia Digital Twin Market Size (2013-2018)
9.2 Digital Twin Key Players in Southeast Asia
9.3 Southeast Asia Digital Twin Market Size by Type
9.4 Southeast Asia Digital Twin Market Size by Application
10 India
10.1 India Digital Twin Market Size (2013-2018)
10.2 Digital Twin Key Players in India
10.3 India Digital Twin Market Size by Type
10.4 India Digital Twin Market Size by Application
11 Central & South America
11.1 Central & South America Digital Twin Market Size (2013-2018)
11.2 Digital Twin Key Players in Central & South America
11.3 Central & South America Digital Twin Market Size by Type
11.4 Central & South America Digital Twin Market Size by Application
12 International Players Profiles
12.1 General Electric
12.1.1 General Electric Company Details
12.1.2 Company Description and Business Overview
12.1.3 Digital Twin Introduction
12.1.4 General Electric Revenue in Digital Twin Business (2013-2018)
12.1.5 General Electric Recent Development
12.2 PTC
12.2.1 PTC Company Details
12.2.2 Company Description and Business Overview
12.2.3 Digital Twin Introduction
12.2.4 PTC Revenue in Digital Twin Business (2013-2018)
12.2.5 PTC Recent Development
12.3 Siemens
12.3.1 Siemens Company Details
12.3.2 Company Description and Business Overview
12.3.3 Digital Twin Introduction
12.3.4 Siemens Revenue in Digital Twin Business (2013-2018)
12.3.5 Siemens Recent Development
12.4 Dassault Systèmes
12.4.1 Dassault Systèmes Company Details
12.4.2 Company Description and Business Overview
12.4.3 Digital Twin Introduction
12.4.4 Dassault Systèmes Revenue in Digital Twin Business (2013-2018)
12.4.5 Dassault Systèmes Recent Development
12.5 IBM Corporation
12.5.1 IBM Corporation Company Details
12.5.2 Company Description and Business Overview
12.5.3 Digital Twin Introduction
12.5.4 IBM Corporation Revenue in Digital Twin Business (2013-2018)
12.5.5 IBM Corporation Recent Development
12.6 ANSYS
12.6.1 ANSYS Company Details
12.6.2 Company Description and Business Overview
12.6.3 Digital Twin Introduction
12.6.4 ANSYS Revenue in Digital Twin Business (2013-2018)
12.6.5 ANSYS Recent Development
12.7 Microsoft Corporation
12.7.1 Microsoft Corporation Company Details
12.7.2 Company Description and Business Overview
12.7.3 Digital Twin Introduction
12.7.4 Microsoft Corporation Revenue in Digital Twin Business (2013-2018)
12.7.5 Microsoft Corporation Recent Development
12.8 Oracle Corporation
12.8.1 Oracle Corporation Company Details
12.8.2 Company Description and Business Overview
12.8.3 Digital Twin Introduction
12.8.4 Oracle Corporation Revenue in Digital Twin Business (2013-2018)
12.8.5 Oracle Corporation Recent Development
13 Market Forecast 2018-2025
13.1 Market Size Forecast by Regions
13.2 United States
13.3 Europe
13.4 China
13.5 Japan
13.6 Southeast Asia
13.7 India
13.8 Central & South America
13.9 Market Size Forecast by Product (2018-2025)
13.10 Market Size Forecast by Application (2018-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Disclaimer
15.3 Author Details
List of Tables and Figures
Table Digital Twin Key Market Segments
Table Key Players Digital Twin Covered
Table Global Digital Twin Market Size Growth Rate by Type 2013-2025 (Million US$)
Figure Global Digital Twin Market Size Market Share by Type 2013-2025
Figure Parts Twin Figures
Table Key Players of Parts Twin
Figure Product Twin Figures
Table Key Players of Product Twin
Figure Process Twin Figures
Table Key Players of Process Twin
Figure System Twin Figures
Table Key Players of System Twin
Table Global Digital Twin Market Size Growth by Application 2013-2025 (Million US$)
Figure Aerospace & Defense Case Studies
Figure Automotive & Transportation Case Studies
Figure Machine Manufacturing Case Studies
Figure Energy & Utilities Case Studies
Figure Others Case Studies
Figure Digital Twin Report Years Considered
Table Global Digital Twin Market Size 2013-2025 (Million US$)
Figure Global Digital Twin Market Size and Growth Rate 2013-2025 (Million US$)
Table Global Digital Twin Market Size by Regions 2013-2025 (Million US$)
Table Global Digital Twin Market Size by Regions 2013-2018 (Million US$)
Table Global Digital Twin Market Share by Regions 2013-2018
Figure Global Digital Twin Market Share by Regions 2013-2018
Figure Global Digital Twin Market Share by Regions 2018
Table Market Top Trends
Table Global Digital Twin Revenue by Manufacturers (2013-2018) (Million US$)
Table Global Digital Twin Market Share by Manufacturers (2013-2018)
Figure Global Digital Twin Market Share by Manufacturers in 2018
Table Global Digital Twin Manufacturers Market Concentration Ratio (CR5 and HHI)
Table Key Players Head office and Area Served
Table Key Players Digital Twin Product/Solution/Service
Table Date of Enter into Digital Twin Market
Table Mergers & Acquisitions, Expansion Plans
Table Global Digital Twin Market Size by Type (2013-2018) (Million US$)
Table Global Digital Twin Market Size Share by Type (2013-2018)
Figure Global Digital Twin Market Size Market Share by Type (2013-2018)
Table Global Digital Twin Market Size by Application (2013-2018) (Million US$)
Table Global Digital Twin Market Size Share by Application (2013-2018)
Figure Global Digital Twin Market Size Market Share by Application (2013-2018)
Figure Global Digital Twin Revenue Market Share by Application in 2017
Figure United States Digital Twin Market Size 2013-2018 (Million US$)
Table United States Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table United States Key Players Digital Twin Market Share (2017-2018)
Table United States Digital Twin Market Size by Type (2013-2018) (Million US$)
Table United States Digital Twin Market Share by Type (2013-2018)
Table United States Digital Twin Market Size by Application (2013-2018) (Million US$)
Table United States Digital Twin Market Share by Application (2013-2018)
Figure Europe Digital Twin Market Size 2013-2018 (Million US$)
Table Europe Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table Europe Key Players Digital Twin Market Share (2017-2018)
Table Europe Digital Twin Market Size by Type (2013-2018) (Million US$)
Table Europe Digital Twin Market Share by Type (2013-2018)
Table Europe Digital Twin Market Size by Application (2013-2018) (Million US$)
Table Europe Digital Twin Market Share by Application (2013-2018)
Figure China Digital Twin Market Size 2013-2018 (Million US$)
Table China Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table China Key Players Digital Twin Market Share (2017-2018)
Table China Digital Twin Market Size by Type (2013-2018) (Million US$)
Table China Digital Twin Market Share by Type (2013-2018)
Table China Digital Twin Market Size by Application (2013-2018) (Million US$)
Table China Digital Twin Market Share by Application (2013-2018)
Figure Japan Digital Twin Market Size 2013-2018 (Million US$)
Table Japan Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table Japan Key Players Digital Twin Market Share (2017-2018)
Table Japan Digital Twin Market Size by Type (2013-2018) (Million US$)
Table Japan Digital Twin Market Share by Type (2013-2018)
Table Japan Digital Twin Market Size by Application (2013-2018) (Million US$)
Table Japan Digital Twin Market Share by Application (2013-2018)
Figure Southeast Asia Digital Twin Market Size 2013-2018 (Million US$)
Table Southeast Asia Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table Southeast Asia Key Players Digital Twin Market Share (2017-2018)
Table Southeast Asia Digital Twin Market Size by Type (2013-2018) (Million US$)
Table Southeast Asia Digital Twin Market Share by Type (2013-2018)
Table Southeast Asia Digital Twin Market Size by Application (2013-2018) (Million US$)
Table Southeast Asia Digital Twin Market Share by Application (2013-2018)
Figure India Digital Twin Market Size 2013-2018 (Million US$)
Table India Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table India Key Players Digital Twin Market Share (2017-2018)
Table India Digital Twin Market Size by Type (2013-2018) (Million US$)
Table India Digital Twin Market Share by Type (2013-2018)
Table India Digital Twin Market Size by Application (2013-2018) (Million US$)
Table India Digital Twin Market Share by Application (2013-2018)
Figure Central & South America Digital Twin Market Size 2013-2018 (Million US$)
Table Central & South America Key Players Digital Twin Revenue (2017-2018) (Million US$)
Table Central & South America Key Players Digital Twin Market Share (2017-2018)
Table Central & South America Digital Twin Market Size by Type (2013-2018) (Million US$)
Table Central & South America Digital Twin Market Share by Type (2013-2018)
Table Central & South America Digital Twin Market Size by Application (2013-2018) (Million US$)
Table Central & South America Digital Twin Market Share by Application (2013-2018)
Table General Electric Company Details
Table General Electric Revenue in Digital Twin Business (2013-2018) (Million US$)
Figure General Electric Revenue Growth Rate in Digital Twin Business (2013-2018)
Table General Electric Recent Development
Table PTC Company Details
Table PTC Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure PTC Revenue Growth Rate in Digital Twin Business (2013-2018)
Table PTC Recent Development
Table Siemens Company Details
Table Siemens Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure Siemens Revenue Growth Rate in Digital Twin Business (2013-2018)
Table Siemens Recent Development
Table Dassault Systèmes Company Details
Table Dassault Systèmes Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure Dassault Systèmes Revenue Growth Rate in Digital Twin Business (2013-2018)
Table Dassault Systèmes Recent Development
Table IBM Corporation Company Details
Table IBM Corporation Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure IBM Corporation Revenue Growth Rate in Digital Twin Business (2013-2018)
Table IBM Corporation Recent Development
Table ANSYS Company Details
Table ANSYS Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure ANSYS Revenue Growth Rate in Digital Twin Business (2013-2018)
Table ANSYS Recent Development
Table Microsoft Corporation Company Details
Table Microsoft Corporation Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure Microsoft Corporation Revenue Growth Rate in Digital Twin Business (2013-2018)
Table Microsoft Corporation Recent Development
Table Oracle Corporation Company Details
Table Oracle Corporation Revenue in Digital Twin Business (2013-2018)(Million US$)
Figure Oracle Corporation Revenue Growth Rate in Digital Twin Business (2013-2018)
Table Oracle Corporation Recent Development
Table Global Digital Twin Market Size by Regions (Million US$) 2018-2025
Figure Global Digital Twin Market Size Share by Regions (2018-2025)
Figure Global Digital Twin Market Size Share by Regions in 2025
Figure United States Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure Europe Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure China Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure Japan Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure Southeast Asia Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure India Digital Twin Market Size Forecast (2018-2025)(Million USD)
Figure Central & South America Digital Twin Market Size Forecast (2018-2025)(Million USD)
Table Global Digital Twin Market Size by Product (2018-2025) (Million US$)
Figure Global Digital Twin Market Size by Product (2018-2025)
Figure Global Digital Twin Market Size by Product in 2025
Table Global Digital Twin Market Size by Application (2018-2025) (Million US$)
Figure Global Digital Twin Market Size by Application (2018-2025)
Figure Global Digital Twin Market Size by Application in 2025
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
