Product Code: A313229
Industry 5.0 signifies the latest phase in industrial manufacturing, diverging from the fully automated processes of Industry 4.0. This shift prioritizes fostering collaboration between human workers and advanced technologies, recognizing the vital role of human creativity, problem-solving, and emotional intelligence alongside machine precision.
Industry 5.0 advocates a comprehensive manufacturing approach, where human workers and machines collaboratively enhance each other's strengths. Technologies like collaborative robots (cobots), digital twins, and augmented reality facilitate this cooperative environment. Cobots, for example, work alongside humans, improving productivity and safety by handling repetitive or hazardous tasks.
Digital twins are integral to Industry 5.0, enabling real-time monitoring, predictive analytics, and virtual simulations for enhanced decision-making and optimized maintenance. Despite challenges like high installation costs and data privacy concerns, Industry 5.0 applications span diverse sectors, from automotive to aerospace, promising increased efficiency, superior product quality, and a more agile manufacturing ecosystem, positioning it as a transformative force in industrial production.
The Industry 5.0 market is analyzed by technology, end-use vertical and region. On the basis of technology, the market is divided into Robotics, Internet of Things (IoT), Automation, Augmented Reality and Virtual Reality, Cloud Computing, Big Data, and Others. In 2022, the robotics segment dominated the market, and it is expected to acquire a major market share by 2032 owing to increase in use of collaborative robots in automotive and manufacturing end-use vertical. On the basis of end-use vertical, the market is categorized into manufacturing, healthcare, telecommunication, automotive, semiconductor, and others. In 2022, the manufacturing segment dominated the market, and automotive is expected to acquire a major market share by 2032 due to increase in investment of private companies in automotive sector.
On the basis of region, the Industry 5.0 market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), Latin America (Brazil, Argentina and Rest of Latin America), and Middle East and Africa (Saudi Arabia, Africa, and Rest of Middle East And Africa). Asia-Pacific, specifically China, remains a significant participant in the industry 5.0 market with a CAGR of 18.50% due to robust technological adoption, manufacturing prowess, and government initiatives promoting advanced industrial practices, which is driving the growth of the industry 5.0 industry in Asia-Pacific region.
Competitive analysis and profiles of the major global Industry 5.0 market players that have been provided in the report include ABB, Kuka AG., Universal Robots A/S, Nexus Integra, Siemens A.G., Rockwell Automation, Inc., Schneider Electric, Cisco Systems, Inc., FANUC CORPORATION, and Yaskawa Electric Corp. The key strategies adopted by the major players of the Industry 5.0 market is product launch, and product development.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the industry 5.0 market analysis from 2022 to 2032 to identify the prevailing industry 5.0 market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the industry 5.0 market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global industry 5.0 market trends, key players, market segments, application areas, and market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Supply Chain Analysis & Vendor Margins
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- Additional company profiles with specific to client's interest
Key Market Segments
By End-Use Vertical
- Manufacturing
- Healthcare
- Telecommunication
- Automotive
- Semiconductor
- Others
By Technology
- Robotics
- Internet of Things (IoT)
- Automation
- Augmented Reality and Virtual Reality
- Cloud Computing
- Big Data
- Others
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- Africa
- Rest of Middle East And Africa
Key Market Players:
- ABB
- Kuka AG.
- Universal Robots A/S
- Nexus Integra
- Siemens A.G.
- Rockwell Automation, Inc.
- Schneider Electric
- Cisco Systems, Inc.
- FANUC CORPORATION
- Yaskawa Electric Corp.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
CHAPTER 4: INDUSTRY 5.0 MARKET, BY TECHNOLOGY
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Robotics
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Internet of Things (IoT)
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Automation
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Augmented Reality and Virtual Reality
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
- 4.6. Cloud Computing
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
- 4.7. Big Data
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country
- 4.8. Others
- 4.8.1. Key market trends, growth factors and opportunities
- 4.8.2. Market size and forecast, by region
- 4.8.3. Market share analysis by country
CHAPTER 5: INDUSTRY 5.0 MARKET, BY END-USE VERTICAL
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Manufacturing
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Healthcare
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Telecommunication
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Automotive
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Semiconductor
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
- 5.7. Others
- 5.7.1. Key market trends, growth factors and opportunities
- 5.7.2. Market size and forecast, by region
- 5.7.3. Market share analysis by country
CHAPTER 6: INDUSTRY 5.0 MARKET, BY REGION
- 6.1. Overview
- 6.1.1. Market size and forecast By Region
- 6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Technology
- 6.2.3. Market size and forecast, by End-Use Vertical
- 6.2.4. Market size and forecast, by country
- 6.2.4.1. U.S.
- 6.2.4.1.1. Market size and forecast, by Technology
- 6.2.4.1.2. Market size and forecast, by End-Use Vertical
- 6.2.4.2. Canada
- 6.2.4.2.1. Market size and forecast, by Technology
- 6.2.4.2.2. Market size and forecast, by End-Use Vertical
- 6.2.4.3. Mexico
- 6.2.4.3.1. Market size and forecast, by Technology
- 6.2.4.3.2. Market size and forecast, by End-Use Vertical
- 6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Technology
- 6.3.3. Market size and forecast, by End-Use Vertical
- 6.3.4. Market size and forecast, by country
- 6.3.4.1. UK
- 6.3.4.1.1. Market size and forecast, by Technology
- 6.3.4.1.2. Market size and forecast, by End-Use Vertical
- 6.3.4.2. Germany
- 6.3.4.2.1. Market size and forecast, by Technology
- 6.3.4.2.2. Market size and forecast, by End-Use Vertical
- 6.3.4.3. France
- 6.3.4.3.1. Market size and forecast, by Technology
- 6.3.4.3.2. Market size and forecast, by End-Use Vertical
- 6.3.4.4. Italy
- 6.3.4.4.1. Market size and forecast, by Technology
- 6.3.4.4.2. Market size and forecast, by End-Use Vertical
- 6.3.4.5. Rest of Europe
- 6.3.4.5.1. Market size and forecast, by Technology
- 6.3.4.5.2. Market size and forecast, by End-Use Vertical
- 6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Technology
- 6.4.3. Market size and forecast, by End-Use Vertical
- 6.4.4. Market size and forecast, by country
- 6.4.4.1. Japan
- 6.4.4.1.1. Market size and forecast, by Technology
- 6.4.4.1.2. Market size and forecast, by End-Use Vertical
- 6.4.4.2. China
- 6.4.4.2.1. Market size and forecast, by Technology
- 6.4.4.2.2. Market size and forecast, by End-Use Vertical
- 6.4.4.3. India
- 6.4.4.3.1. Market size and forecast, by Technology
- 6.4.4.3.2. Market size and forecast, by End-Use Vertical
- 6.4.4.4. South Korea
- 6.4.4.4.1. Market size and forecast, by Technology
- 6.4.4.4.2. Market size and forecast, by End-Use Vertical
- 6.4.4.5. Rest of Asia-Pacific
- 6.4.4.5.1. Market size and forecast, by Technology
- 6.4.4.5.2. Market size and forecast, by End-Use Vertical
- 6.5. Latin America
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Technology
- 6.5.3. Market size and forecast, by End-Use Vertical
- 6.5.4. Market size and forecast, by country
- 6.5.4.1. Brazil
- 6.5.4.1.1. Market size and forecast, by Technology
- 6.5.4.1.2. Market size and forecast, by End-Use Vertical
- 6.5.4.2. Argentina
- 6.5.4.2.1. Market size and forecast, by Technology
- 6.5.4.2.2. Market size and forecast, by End-Use Vertical
- 6.5.4.3. Rest of Latin America
- 6.5.4.3.1. Market size and forecast, by Technology
- 6.5.4.3.2. Market size and forecast, by End-Use Vertical
- 6.6. Middle East and Africa
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by Technology
- 6.6.3. Market size and forecast, by End-Use Vertical
- 6.6.4. Market size and forecast, by country
- 6.6.4.1. Saudi Arabia
- 6.6.4.1.1. Market size and forecast, by Technology
- 6.6.4.1.2. Market size and forecast, by End-Use Vertical
- 6.6.4.2. Africa
- 6.6.4.2.1. Market size and forecast, by Technology
- 6.6.4.2.2. Market size and forecast, by End-Use Vertical
- 6.6.4.3. Rest of Middle East And Africa
- 6.6.4.3.1. Market size and forecast, by Technology
- 6.6.4.3.2. Market size and forecast, by End-Use Vertical
CHAPTER 7: COMPETITIVE LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product mapping of top 10 player
- 7.4. Competitive dashboard
- 7.5. Competitive heatmap
- 7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
- 8.1. ABB
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
- 8.2. Kuka AG.
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
- 8.3. Universal Robots A/S
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
- 8.4. Nexus Integra
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
- 8.5. Siemens A.G.
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
- 8.6. Rockwell Automation, Inc.
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
- 8.7. Schneider Electric
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
- 8.8. Cisco Systems, Inc.
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
- 8.9. FANUC CORPORATION
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
- 8.10. Yaskawa Electric Corp.
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments