Digital Twins Market - Forecast(2021 - 2026)

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Digital Twins Market Overview

The global Digital Twins Market is estimated to surpass $16.7 billion marks by 2026 growing at an estimated CAGR of more than 24.7% during the forecast period 2021 to 2026. Companies find various use cases to utilize the technology as there will be billions of connected devices in next few years, thereby billions of digital twins can be represented. These digital representations of real devices will lead to new opportunities like remote periodic checkup and maintenance of all devices, new product development based on user preference, service upgrade, safety and better customer experience. To get a competitive advantage, companies look at digital twin as the opportunity to understand the customer needs, improve the existing products or services and to develop new products, thereby enhancing the customer experience. Not just in Smart cities and Factory 4.0, digital twin concept has penetrated health care in telemedicine technology to create personalized solutions to anticipate and prevent disease.

Digital Twins Market Report Coverage

The report: “Digital Twins Market– Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Digital Twins Market.
By Type: Software (Design Software, Analytics), Services (On-Premises, Cloud)
By Applications: Product Design and Development, Business Optimization, Inventory Management, Performance Monitoring (Asset Performance Management, Field Service Management), Predictive Maintenance and Others
By End User Industry: Aerospace and Defense, Smart Home and Smarter Cities, Energy and Utilities, Manufacturing, Automotive and Transportation, Chemicals and Materials, Healthcare, Retail, Agriculture and Others
By Geography - North America (U.S, Canada, Mexico), South America(Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Aus and Others), and RoW (Middle East and Africa).

Key Takeaways

  • Digital twin consists of software including CAD, FEM and analytics; products like computing devices, AR / VR, other wearable devices, location-based systems, sensing technologies including sensors and gauges, coordinate Measuring Machines, lasers, vision systems and scanning devices and related services
  • Digital twin eliminates guesswork from determining the best course of action to service critical physical assets, from engines to power turbines. Easy access to this intelligence about assets paves the road to wider optimization and business transformation.
  • Digital twin technology spans across all industries where the value is in assets and more generally complex systems. Its ability to deliver early warnings, predictions, and optimization is currently used with external operating assets.
  • The digital twin idea has additional benefits too, as it can use historical data and current data to provide a complete picture of a particular asset, its past performance, what it should be achieving now and its likely end of life date, when it would be predicted to be less efficient.

Digital Twins Market Segment Analysis - By Application

The applications of digital twins that are covered in this study are product design and development, performance monitoring, predictive maintenance, inventory management, and business optimization. In 2020, predictive Maintenance is the leading segment at 24% share followed closely by performance monitoring. Though it can provide a complete real-time performance of an asset which allows technicians to look for inconsistencies or any problems which are not easily identified through traditional methods, it is not bounded by the limitations of time. 
The situations and environment can be simulated and run in advance to predict how the asset will be affected based on factors like life cycle, runtime or working with exposure to tough environment. Using the results from these tests, the companies can predict when the asset is likely to fail and how it can fail before it actually fails. Though Business optimization is at a nascent stage now considering the benefits digital twin can help to business when integrated to the business operations. Inventory management is a small and slow-growing market. However as reduced downtime is the primary objective of digital twin, inventory management plays a key role in supply of spare parts and other components.

Digital Twins Market Segment Analysis - By End-Use Industry

Increasing market volatility, customer expectations and technology impacts are driving businesses everywhere towards transformation. Initiatives to digitize assets, machines, devices, workflows and processes are being launched under different technologies and all the industries use them for their advantage. Most of these digital transformations are targeted at increasing automation, operational intelligence and connectedness. The method by which companies are doing this is to develop a digital twin of their business that surface the information they need to improve decision making, de-risk planning and delight customers with new experiences and business models. Manufacturing sector in factory 4.0 is the biggest user of digital twin. In the cloud, a machine’s digital twin makes its current state and prior operating history available at a level of detail that’s only possible with the Industrial Internet of Things. Earlier, these machines were programmed to monitor relatively few parameters, like high temperatures or high vibration levels. Now using digital twin everyone in the company from maintenance engineers to the CEO of a company has a vision into the life of the machine, from the granular detail of specific machines or the aggregated metrics.

Digital Twins Market Segment Analysis - By Geography

The global market for digital twin in 2019 was dominated by North America followed by Europe as the adoption rate was higher. As more and more companies in Asia Pacific are expected to learn the best practices, it is expected to gain significant market share. In North America, the recent developments in digital twins give companies throughout the product chain, product designers, manufacturers, and suppliers, more ways to optimize operations, speed products to market, increase competitiveness and expand business opportunities. So companies that add capabilities in simulation using digital twin are better equipped to deal with cost pressures, offshore competition and shifting consumer market trends that mandate product.

Digital Twins Market Drivers

Rising Data Collection Points due to IoT

The high growth in internet has created way for many innovative technologies and applications, which as a business generates billions of dollars. Internet connects people from all parts of world through their devices, thereby generating huge amount of data. With addition of sensors to the devices, additional data can be collected which is termed as Internet of Things. With the data collected and digital modelling such as computer-aided design (CAD), a digital twin can be created for billions of the connected devices. Digital Twins allows companies to trace their products throughout their life cycle. In addition to product performance and maintenance it also provides opportunity to the companies to understand customer’s needs and improve customer experience. The companies or vendor can inspect and monitor which part of the product needs replacement considering the safety or operational efficiency, without being in proximity to the products. This helps them in the decision-making process that is associated with physical products.

Becoming an Integral Part of Digital Factory Strategies

With more and more companies getting digitalized, digital twins are becoming a part of the strategy, Companies can replace the current reactive static model, with a dynamic proactive model. The data analyzed in a digital twin is used for prevention of issues rather than diagnosing post an issue. Digital twin technology facilitates virtual prototyping, the digital representation of a product before it is physically created and also simulating the operation of the product in its intended environment. This leads to precise product design at higher quality at a faster pace and low cost. Industrial robots and other complex machinery operate by combining different components and their interactions with other systems and behaviours are extremely difficult to anticipate using the traditional design process. Hence these complex systems need multiple improvements before they reach higher efficiency, which adds cost to the design process. However, using the simulation in a virtual model a superior product can be designed without any additional cost. Moreover, in a digital factory setup, the Industrial IoT, many sensors are integrated to the complex machines and their interactions and behaviours at different operating conditions can be easily tracked. The data not only helps in superior design but also supports predictive maintenance. With multiple benefits like superior product or process design, predictive maintenance and reduced operating cost, the digital factories have started to integrate digital twins in their operations.

Digital Twins Market Challenges

Significant Computing Requirements

Machine learning, Analytics and Artificial intelligence are the backbones of the new technologies by adding intelligence to new or existing systems to form a smarter network. They are getting embedded into regular equipment such as home appliances, electronic devices, medical devices and industrial appliances. This shows the emergence of conversational systems with the support of IoT into a digital network that is progressing towards digital twins. With billions of IoT devices, there is a need to track the operations of billions of digital twins. In addition, there is a need for a robust simulating software which should be up and running continuously without any delay or disturbances. Considering the need for processing huge amount of data and billions of digital representations, scalable massive cloud infrastructures integrated to millions of physical servers is required.  The financial resources that is required to operate this computing and storage infrastructures is high, making it impossible for small enterprises to get the complete benefits of digital twins. Moreover, the need for advanced security protocols to protect the data adds cost and require additional computation.

Digital Twins Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Digital Twins Market. ANSYS, PTC, Dassault Systèmes, General Electric (GE), Bosch, IBM, Microsoft, Oracle and Infosys, Siemens and others are considered to be the key players of the Digital Twins Market.

Acquisitions/Technology Launches/Partnerships

  • In February 2020, Huawei Launches Industry’s First Site Digital Twins Based on 5G Digital Engineering Solution
  • Bentley Systems Commits $100 Million of Venture Funding to Accelerate Infrastructure of Digital Twins

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1. Digital Twins Market - Overview
1.1. Definitions and Scope
2. Digital Twins Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Digital Twins Market 
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis 
4. Digital Twins Market – Startup companies Scenario Premium
4.1. Top 10 startup company Analysis by
4.1.1. Investment
4.1.2. Revenue
4.1.3. Market Shares
4.1.4. Market Size and Application Analysis
4.1.5. Venture Capital and Funding Scenario
5. Digital Twins Market – Industry Market Entry Scenario Premium
5.1. Regulatory Framework Overview
5.2. New Business and Ease of Doing business index
5.3. Case studies of successful ventures
5.4. Customer Analysis – Top 10 companies
6. Digital Twins Market Forces
6.1. Drivers
6.2. Constraints
6.3. Challenges
6.4. Porters five force model
6.4.1. Bargaining power of suppliers
6.4.2. Bargaining powers of customers
6.4.3. Threat of new entrants
6.4.4. Rivalry among existing players
6.4.5. Threat of substitutes 
7. Digital Twins Market - Strategic analysis
7.1. Value chain analysis
7.2. Opportunities analysis
7.3. Product life cycle
7.4. Suppliers and distributors Market Share
8. Digital Twins Market – By Application (Market Size -$Million / $Billion)
8.1. Market Size and Market Share Analysis 
8.2. Application Revenue and Trend Research
8.3. Product Segment Analysis
8.3.1. Product Design & Development
8.3.2. Performance Monitoring
8.3.3. Predictive Maintenance
8.3.4. Inventory Management
8.3.5. Business Optimization
8.3.6. Others
9. Digital Twins Market – By Type (Market Size -$Million / $Billion)
9.1. Software
9.1.1. Design software
9.1.2. Analytics
9.2. Services
9.2.1. On-premise
9.2.2. Cloud
10. Digital Twins – By End Use Industry (Market Size -$Million / $Billion)
10.1. Segment type Size and Market Share Analysis 
10.2. Application Revenue and Trends by type of Application
10.3. Application Segment Analysis by Type
10.3.1. Aerospace and Defense
10.3.2. Smart Homes & Smarter Cities
10.3.3. Automotive and Transportation
10.3.4. Manufacturing 
10.3.5. Energy and Utilities 
10.3.6. Chemicals and Materials
10.3.7. Healthcare
10.3.8. Retail
10.3.9. Agriculture
10.3.10. Others
11. Digital Twins - By Geography (Market Size -$Million / $Billion)
11.1. Digital Twins Market - North America Segment Research
11.2. North America Market Research (Million / $Billion)
11.2.1. Segment type Size and Market Size Analysis 
11.2.2. Revenue and Trends
11.2.3. Application Revenue and Trends by type of Application
11.2.4. Company Revenue and Product Analysis
11.2.5. North America Product type and Application Market Size
11.2.5.1. U.S.
11.2.5.2. Canada 
11.2.5.3. Mexico 
11.2.5.4. Rest of North America
11.3. Digital Twins - South America Segment Research
11.4. South America Market Research (Market Size -$Million / $Billion)
11.4.1. Segment type Size and Market Size Analysis 
11.4.2. Revenue and Trends
11.4.3. Application Revenue and Trends by type of Application
11.4.4. Company Revenue and Product Analysis
11.4.5. South America Product type and Application Market Size
11.4.5.1. Brazil  
11.4.5.2. Venezuela
11.4.5.3. Argentina
11.4.5.4. Ecuador
11.4.5.5. Peru
11.4.5.6. Colombia 
11.4.5.7. Costa Rica
11.4.5.8. Rest of South America
11.5. Digital Twins - Europe Segment Research
11.6. Europe Market Research (Market Size -$Million / $Billion)
11.6.1. Segment type Size and Market Size Analysis 
11.6.2. Revenue and Trends
11.6.3. Application Revenue and Trends by type of Application
11.6.4. Company Revenue and Product Analysis
11.6.5. Europe Segment Product type and Application Market Size
11.6.5.1. U.K  
11.6.5.2. Germany 
11.6.5.3. Italy 
11.6.5.4. France
11.6.5.5. Netherlands
11.6.5.6. Belgium
11.6.5.7. Spain
11.6.5.8. Denmark
11.6.5.9. Rest of Europe
11.7. Digital Twins – APAC Segment Research
11.8. APAC Market Research (Market Size -$Million / $Billion)
11.8.1. Segment type Size and Market Size Analysis 
11.8.2. Revenue and Trends
11.8.3. Application Revenue and Trends by type of Application
11.8.4. Company Revenue and Product Analysis
11.8.5. APAC Segment – Product type and Application Market Size
11.8.5.1. China 
11.8.5.2. Australia
11.8.5.3. Japan 
11.8.5.4. South Korea
11.8.5.5. India
11.8.5.6. Taiwan
11.8.5.7. Malaysia
12. Digital Twins Market - Entropy
12.1. New product launches
12.2. M&A's, collaborations, JVs and partnerships
13. Digital Twins Market – Industry / Segment Competition landscape Premium
13.1. Market Share Analysis
13.1.1. Market Share by Country- Top companies
13.1.2. Market Share by Region- Top 10 companies
13.1.3. Market Share by type of Application – Top 10 companies
13.1.4. Market Share by type of Product / Product category- Top 10 companies
13.1.5. Market Share at global level- Top 10 companies
13.1.6. Best Practises for companies
14. Digital Twins Market – Key Company List by Country Premium
15. Digital Twins Market Company Analysis
15.1. Market Share, Company Revenue, Products, M&A, Developments
15.2. General Electric
15.3. Microsoft Corporation
15.4. International Business Machines Corporation (IBM)
15.5. Oracle Corporation
15.6. Parametric Technology Corporation (PTC) 
15.7. Company 6
15.8. Company 7
15.9. Company 8
15.10. Company 9
15.11. Company 10 and More
"*Financials would be provided on a best efforts basis for private companies"
16. Digital Twins Market - Appendix
16.1. Abbreviations
16.2. Sources
17. Digital Twins Market - Methodology
17.1. Research Methodology
17.1.1. Company Expert Interviews
17.1.2. Industry Databases
17.1.3. Associations
17.1.4. Company News
17.1.5. Company Annual Reports
17.1.6. Application Trends
17.1.7. New Products and Product database
17.1.8. Company Transcripts
17.1.9. R&D Trends
17.1.10. Key Opinion Leaders Interviews
17.1.11. Supply and Demand Trends
List of Tables

Table 1: Digital Twins Market Overview 2019-2024
Table 2: Digital Twins Market Leader Analysis 2018-2019 (US$)
Table 3: Digital Twins Market Product Analysis 2018-2019 (US$)
Table 4: Digital Twins Market End User Analysis 2018-2019 (US$)
Table 5: Digital Twins Market Patent Analysis 2013-2018* (US$)
Table 6: Digital Twins Market Financial Analysis 2018-2019 (US$)
Table 7: Digital Twins Market Driver Analysis 2018-2019 (US$)
Table 8: Digital Twins Market Challenges Analysis 2018-2019 (US$)
Table 9: Digital Twins Market Constraint Analysis 2018-2019 (US$)
Table 10: Digital Twins Market Supplier Bargaining Power Analysis 2018-2019 (US$)
Table 11: Digital Twins Market Buyer Bargaining Power Analysis 2018-2019 (US$)
Table 12: Digital Twins Market Threat of Substitutes Analysis 2018-2019 (US$)
Table 13: Digital Twins Market Threat of New Entrants Analysis 2018-2019 (US$)
Table 14: Digital Twins Market Degree of Competition Analysis 2018-2019 (US$)
Table 15: Digital Twins Market Value Chain Analysis 2018-2019 (US$)
Table 16: Digital Twins Market Pricing Analysis 2019-2024 (US$)
Table 17: Digital Twins Market Opportunities Analysis 2019-2024 (US$)
Table 18: Digital Twins Market Product Life Cycle Analysis 2019-2024 (US$)
Table 19: Digital Twins Market Supplier Analysis 2018-2019 (US$)
Table 20: Digital Twins Market Distributor Analysis 2018-2019 (US$)
Table 21: Digital Twins Market Trend Analysis 2018-2019 (US$)
Table 22: Digital Twins Market Size 2018 (US$)
Table 23: Digital Twins Market Forecast Analysis 2019-2024 (US$)
Table 24: Digital Twins Market Sales Forecast Analysis 2019-2024 (Units)
Table 25: Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 26: Digital Twins Market By Type, Revenue & Volume, By Machine and Equipment Health Monitoring, 2019-2024 ($)
Table 27: Digital Twins Market By Type, Revenue & Volume, By Predictive Maintenance, 2019-2024 ($)
Table 28: Digital Twins Market By Type, Revenue & Volume, By Dynamic Optimization, 2019-2024 ($)
Table 29: Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 30: Digital Twins Market By End Users, Revenue & Volume, By Aerospace and Defense, 2019-2024 ($)
Table 31: Digital Twins Market By End Users, Revenue & Volume, By Automotive and Transportation, 2019-2024 ($)
Table 32: Digital Twins Market By End Users, Revenue & Volume, By Home and Commercial, 2019-2024 ($)
Table 33: Digital Twins Market By End Users, Revenue & Volume, By Electronics & Electrical/Machine Manufacturing, 2019-2024 ($)
Table 34: Digital Twins Market By End Users, Revenue & Volume, By Healthcare, 2019-2024 ($)
Table 35: North America Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 36: North America Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 37: South america Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 38: South america Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 39: Europe Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 40: Europe Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 41: APAC Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 42: APAC Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 43: Middle East & Africa Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 44: Middle East & Africa Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 45: Russia Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 46: Russia Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 47: Israel Digital Twins Market, Revenue & Volume, By Type, 2019-2024 ($)
Table 48: Israel Digital Twins Market, Revenue & Volume, By End Users, 2019-2024 ($)
Table 49: Top Companies 2018 (US$)Digital Twins Market, Revenue & Volume
Table 50: Product Launch 2018-2019Digital Twins Market, Revenue & Volume
Table 51: Mergers & Acquistions 2018-2019Digital Twins Market, Revenue & Volume


List of Figures

Figure 1: Overview of Digital Twins Market 2019-2024
Figure 2: Market Share Analysis for Digital Twins Market 2018 (US$)
Figure 3: Product Comparison in Digital Twins Market 2018-2019 (US$)
Figure 4: End User Profile for Digital Twins Market 2018-2019 (US$)
Figure 5: Patent Application and Grant in Digital Twins Market 2013-2018* (US$)
Figure 6: Top 5 Companies Financial Analysis in Digital Twins Market 2018-2019 (US$)
Figure 7: Market Entry Strategy in Digital Twins Market 2018-2019
Figure 8: Ecosystem Analysis in Digital Twins Market 2018
Figure 9: Average Selling Price in Digital Twins Market 2019-2024
Figure 10: Top Opportunites in Digital Twins Market 2018-2019
Figure 11: Market Life Cycle Analysis in Digital Twins Market
Figure 12: GlobalBy TypeDigital Twins Market Revenue, 2019-2024 ($)
Figure 13: GlobalBy End UsersDigital Twins Market Revenue, 2019-2024 ($)
Figure 14: Global Digital Twins Market - By Geography
Figure 15: Global Digital Twins Market Value & Volume, By Geography, 2019-2024 ($) 
Figure 16: Global Digital Twins Market CAGR, By Geography, 2019-2024 (%)
Figure 17: North America Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 18: US Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 19: US GDP and Population, 2018-2019 ($)
Figure 20: US GDP – Composition of 2018, By Sector of Origin
Figure 21: US Export and Import Value & Volume, 2018-2019 ($)
Figure 22: Canada Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 23: Canada GDP and Population, 2018-2019 ($)
Figure 24: Canada GDP – Composition of 2018, By Sector of Origin
Figure 25: Canada Export and Import Value & Volume, 2018-2019 ($)
Figure 26: Mexico Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 27: Mexico GDP and Population, 2018-2019 ($)
Figure 28: Mexico GDP – Composition of 2018, By Sector of Origin
Figure 29: Mexico Export and Import Value & Volume, 2018-2019 ($)
Figure 30: South America Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 31: Brazil Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 32: Brazil GDP and Population, 2018-2019 ($)
Figure 33: Brazil GDP – Composition of 2018, By Sector of Origin
Figure 34: Brazil Export and Import Value & Volume, 2018-2019 ($)
Figure 35: Venezuela Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 36: Venezuela GDP and Population, 2018-2019 ($)
Figure 37: Venezuela GDP – Composition of 2018, By Sector of Origin
Figure 38: Venezuela Export and Import Value & Volume, 2018-2019 ($)
Figure 39: Argentina Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 40: Argentina GDP and Population, 2018-2019 ($)
Figure 41: Argentina GDP – Composition of 2018, By Sector of Origin
Figure 42: Argentina Export and Import Value & Volume, 2018-2019 ($)
Figure 43: Ecuador Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 44: Ecuador GDP and Population, 2018-2019 ($)
Figure 45: Ecuador GDP – Composition of 2018, By Sector of Origin
Figure 46: Ecuador Export and Import Value & Volume, 2018-2019 ($)
Figure 47: Peru Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 48: Peru GDP and Population, 2018-2019 ($)
Figure 49: Peru GDP – Composition of 2018, By Sector of Origin
Figure 50: Peru Export and Import Value & Volume, 2018-2019 ($)
Figure 51: Colombia Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 52: Colombia GDP and Population, 2018-2019 ($)
Figure 53: Colombia GDP – Composition of 2018, By Sector of Origin
Figure 54: Colombia Export and Import Value & Volume, 2018-2019 ($)
Figure 55: Costa Rica Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 56: Costa Rica GDP and Population, 2018-2019 ($)
Figure 57: Costa Rica GDP – Composition of 2018, By Sector of Origin
Figure 58: Costa Rica Export and Import Value & Volume, 2018-2019 ($)
Figure 59: Europe Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 60: U.K Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 61: U.K GDP and Population, 2018-2019 ($)
Figure 62: U.K GDP – Composition of 2018, By Sector of Origin
Figure 63: U.K Export and Import Value & Volume, 2018-2019 ($)
Figure 64: Germany Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 65: Germany GDP and Population, 2018-2019 ($)
Figure 66: Germany GDP – Composition of 2018, By Sector of Origin
Figure 67: Germany Export and Import Value & Volume, 2018-2019 ($)
Figure 68: Italy Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 69: Italy GDP and Population, 2018-2019 ($)
Figure 70: Italy GDP – Composition of 2018, By Sector of Origin
Figure 71: Italy Export and Import Value & Volume, 2018-2019 ($)
Figure 72: France Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 73: France GDP and Population, 2018-2019 ($)
Figure 74: France GDP – Composition of 2018, By Sector of Origin
Figure 75: France Export and Import Value & Volume, 2018-2019 ($)
Figure 76: Netherlands Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 77: Netherlands GDP and Population, 2018-2019 ($)
Figure 78: Netherlands GDP – Composition of 2018, By Sector of Origin
Figure 79: Netherlands Export and Import Value & Volume, 2018-2019 ($)
Figure 80: Belgium Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 81: Belgium GDP and Population, 2018-2019 ($)
Figure 82: Belgium GDP – Composition of 2018, By Sector of Origin
Figure 83: Belgium Export and Import Value & Volume, 2018-2019 ($)
Figure 84: Spain Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 85: Spain GDP and Population, 2018-2019 ($)
Figure 86: Spain GDP – Composition of 2018, By Sector of Origin
Figure 87: Spain Export and Import Value & Volume, 2018-2019 ($)
Figure 88: Denmark Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 89: Denmark GDP and Population, 2018-2019 ($)
Figure 90: Denmark GDP – Composition of 2018, By Sector of Origin
Figure 91: Denmark Export and Import Value & Volume, 2018-2019 ($)
Figure 92: APAC Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 93: China Digital Twins Market Value & Volume, 2019-2024
Figure 94: China GDP and Population, 2018-2019 ($)
Figure 95: China GDP – Composition of 2018, By Sector of Origin
Figure 96: China Export and Import Value & Volume, 2018-2019 ($)Digital Twins Market China Export and Import Value & Volume, 2018-2019 ($)
Figure 97: Australia Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 98: Australia GDP and Population, 2018-2019 ($)
Figure 99: Australia GDP – Composition of 2018, By Sector of Origin
Figure 100: Australia Export and Import Value & Volume, 2018-2019 ($)
Figure 101: South Korea Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 102: South Korea GDP and Population, 2018-2019 ($)
Figure 103: South Korea GDP – Composition of 2018, By Sector of Origin
Figure 104: South Korea Export and Import Value & Volume, 2018-2019 ($)
Figure 105: India Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 106: India GDP and Population, 2018-2019 ($)
Figure 107: India GDP – Composition of 2018, By Sector of Origin
Figure 108: India Export and Import Value & Volume, 2018-2019 ($)
Figure 109: Taiwan Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 110: Taiwan GDP and Population, 2018-2019 ($)
Figure 111: Taiwan GDP – Composition of 2018, By Sector of Origin
Figure 112: Taiwan Export and Import Value & Volume, 2018-2019 ($)
Figure 113: Malaysia Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 114: Malaysia GDP and Population, 2018-2019 ($)
Figure 115: Malaysia GDP – Composition of 2018, By Sector of Origin
Figure 116: Malaysia Export and Import Value & Volume, 2018-2019 ($)
Figure 117: Hong Kong Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 118: Hong Kong GDP and Population, 2018-2019 ($)
Figure 119: Hong Kong GDP – Composition of 2018, By Sector of Origin
Figure 120: Hong Kong Export and Import Value & Volume, 2018-2019 ($)
Figure 121: Middle East & Africa Digital Twins Market Middle East & Africa 3D Printing Market Value & Volume, 2019-2024 ($)
Figure 122: Russia Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 123: Russia GDP and Population, 2018-2019 ($)
Figure 124: Russia GDP – Composition of 2018, By Sector of Origin
Figure 125: Russia Export and Import Value & Volume, 2018-2019 ($)
Figure 126: Israel Digital Twins Market Value & Volume, 2019-2024 ($)
Figure 127: Israel GDP and Population, 2018-2019 ($)
Figure 128: Israel GDP – Composition of 2018, By Sector of Origin
Figure 129: Israel Export and Import Value & Volume, 2018-2019 ($)
Figure 130: Entropy Share, By Strategies, 2018-2019* (%)Digital Twins Market
Figure 131: Developments, 2018-2019*Digital Twins Market
Figure 132: Company 1 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 133: Company 1 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 134: Company 1 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 135: Company 2 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 136: Company 2 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 137: Company 2 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 138: Company 3 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 139: Company 3 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 140: Company 3 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 141: Company 4 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 142: Company 4 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 143: Company 4 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 144: Company 5 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 145: Company 5 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 146: Company 5 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 147: Company 6 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 148: Company 6 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 149: Company 6 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 150: Company 7 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 151: Company 7 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 152: Company 7 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 153: Company 8 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 154: Company 8 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 155: Company 8 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 156: Company 9 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 157: Company 9 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 158: Company 9 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 159: Company 10 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 160: Company 10 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 161: Company 10 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 162: Company 11 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 163: Company 11 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 164: Company 11 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 165: Company 12 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 166: Company 12 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 167: Company 12 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 168: Company 13 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 169: Company 13 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 170: Company 13 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 171: Company 14 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 172: Company 14 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 173: Company 14 Digital Twins Market Net Sales Share, By Geography, 2018 (%)
Figure 174: Company 15 Digital Twins Market Net Revenue, By Years, 2018-2019* ($)
Figure 175: Company 15 Digital Twins Market Net Revenue Share, By Business segments, 2018 (%)
Figure 176: Company 15 Digital Twins Market Net Sales Share, By Geography, 2018 (%)