Product Code: GVR-4-68040-514-2
Industry 5.0 Market Size & Trends:
The global Industry 5.0 market size was estimated at USD 66,908.4 million in 2024 and is expected to expand at a CAGR of 29.7% from 2025 to 2030. In Industry 5.0, the concept of human-robot collaboration, or "cobots," takes center stage. Unlike the automation of previous industrial revolutions, Industry 5.0 emphasizes the synergy between humans and machines, where robots assist with repetitive tasks while humans focus on complex decisions. Cobots are designed to work side by side with human workers, boosting productivity and ensuring a safer work environment. This collaboration creates a more efficient and fulfilling workplace, aligning with the human-centric goals of Industry 5.0. As a result, businesses in Industry 5.0 can achieve higher production rates without losing the touch of human creativity and decision-making.
In Industry 5.0, AI is not just used to automate tasks but also to assist human decision-making. AI-powered tools provide insights and predictions, helping workers in Industry 5.0 make faster, data-driven decisions. This AI integration boosts the human role by empowering them with real-time information to solve complex problems. Instead of replacing human intelligence, Industry 5.0 harnesses the power of AI to enhance it, making collaboration between machines and humans more seamless. This trend also extends to predictive maintenance, which is crucial in Industry 5.0 for ensuring optimal system performance and reducing unplanned downtime.
Industry 5.0 emphasizes the trend of mass personalization, where manufacturers create products tailored to the unique preferences of individual customers. With flexible production systems and the advent of 3D printing, Industry 5.0 makes it possible to offer personalized products on a scale, something that was previously reserved for high-cost luxury goods. This shift allows businesses to meet the rising consumer demand for personalized experiences, while also maintaining operational efficiency. The use of AI and advanced manufacturing techniques will empower businesses in Industry 5.0 to offer customization without compromising on speed or cost. The ability to mass-produce individualized products will become a hallmark of Industry 5.0, allowing brands to offer truly unique solutions.
Sustainability is a major driver in Industry 5.0, with companies focusing on reducing environmental impacts through green technologies and eco-friendly practices. A shift toward a circular economy, central to Industry 5.0, involves reusing materials, recycling, and creating products designed for long-term durability and reuse. Manufacturers in Industry 5.0 are increasingly adopting energy-efficient processes and reducing waste, aligning with consumer expectations and regulatory pressures. Industry 5.0 also encourages innovation in the use of renewable energy sources and sustainable materials to reduce the carbon footprint of production. By prioritizing sustainability, Industry 5.0 fosters responsible growth and aligns industrial advancements with global environmental goals.
Edge computing is critical in Industry 5.0, as it enables real-time data processing closer to the source, allowing for faster and more efficient decision-making. In Industry 5.0, IoT devices generate enormous amounts of data, and edge computing ensures that critical insights can be acted upon immediately, without delay. This capability enhances operational efficiency and ensures the production line is constantly optimized for peak performance. By reducing the reliance on centralized servers, Industry 5.0 also lowers latency and improves the security of sensitive data. The widespread adoption of edge computing will be a key enabler of Industry 5.0 as it powers smarter, more responsive manufacturing systems.
Industry 5.0 is transforming traditional manufacturing through decentralized production systems powered by technologies such as 3D printing. This shift enables localized production, significantly reducing supply chain complexity and costs, while also allowing for faster responses to changing market demands. Manufacturers in Industry 5.0 will leverage Artificial Intelligence (AI) & Machine Learning (ML) to produce goods on demand, minimizing excess inventory and waste. The ability to print products directly from digital models will enable mass customization, a hallmark of Industry 5.0, offering consumers more personalized choices. This decentralization, powered by digital tools, makes Industry 5.0 more agile, reducing reliance on centralized factories and streamlining production processes.
Global Industry 5.0 Market Report Segmentation
This report forecasts revenue growth at the regional and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Industry 5.0 market report based on component, technology, end use, and region:
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software
- Services
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- 3D Printing
- Robotics
- Industrial Sensors
- Cloud Computing
- Artificial Intelligence (AI) & Machine Learning (ML)
- Augmented Reality (AR) & Virtual Reality (VR)
- Digital Twin
- Big Data & Advanced Analytics
- Others
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Manufacturing
- Healthcare
- Automotive
- Energy & Utilities
- Oil and Gas
- Food & Beverage
- Aerospace and Defense
- Others
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Latin America
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Industry 5.0 Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Industry 5.0 Market Analysis Tools
- 3.3.1. Industry Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. Industry 5.0 Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Industry 5.0 Market: Component Movement Analysis, 2024 & 2030 (USD Million)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Services
- 4.5.1. Services Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Industry 5.0 Market: Technology Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Industry 5.0 Market: Technology Movement Analysis, 2024 & 2030 (USD Million)
- 5.3. 3D Printing
- 5.3.1. 3D Printing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Industrial Sensors
- 5.4.1. Industrial Sensors Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Cloud Computing
- 5.5.1. Cloud Computing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Artificial Intelligence (AI) & Machine Learning (ML)
- 5.6.1. Artificial Intelligence (AI) & Machine Learning (ML) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Augmented Reality (AR) & Virtual Reality (VR)
- 5.7.1. Augmented Reality (AR) & Virtual Reality (VR) Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Digital Twin
- 5.8.1. Digital Twin Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Big Data & Advanced Analytics
- 5.9.1. Big Data & Advanced Analytics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.10. Others
- 5.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Industry 5.0 Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Industry 5.0 Market: End Use Movement Analysis, 2024 & 2030 (USD Million)
- 6.3. Manufacturing
- 6.3.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Healthcare
- 6.4.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Automotive
- 6.5.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Energy and Utilities
- 6.6.1. Energy and Utilities Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.7. Oil and Gas
- 6.7.1. Oil and Gas Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.8. Food and Beverages
- 6.8.1. Food and Beverages Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.9. Aerospace and Defense
- 6.9.1. Aerospace and Defense Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.10. Others
- 6.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Industry 5.0 Market: Regional Estimates & Trend Analysis
- 7.1. Industry 5.0 Market Share, By Region, 2024 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. North America Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. UK Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Germany Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. France Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. China
- 7.4.2.1. China Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Japan Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. India Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East and Africa
- 7.6.1. Middle East and Africa Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. UAE
- 7.6.2.1. UAE Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Saudi Arabia Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Industry 5.0 Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. ABB
- 8.4.1.1. Participant's Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Honeywell International Inc.
- 8.4.2.1. Participant's Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. 3D Systems
- 8.4.3.1. Participant's Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Rockwell Automation
- 8.4.4.1. Participant's Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. Siemens
- 8.4.5.1. Participant's Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Emerson Electric Co
- 8.4.6.1. Participant's Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. Piher Sensing Systems
- 8.4.7.1. Participant's Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. Stratasys
- 8.4.8.1. Participant's Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. Schneider Electric
- 8.4.9.1. Participant's Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Cisco Systems, Inc.
- 8.4.10.1. Participant's Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. FANUC CORPORATION
- 8.4.11.1. Participant's Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives
- 8.4.12. Yaskawa Electric Corp
- 8.4.12.1. Participant's Overview
- 8.4.12.2. Financial Performance
- 8.4.12.3. Product Benchmarking
- 8.4.12.4. Strategic Initiatives
- 8.4.13. Kuka AG
- 8.4.13.1. Participant's Overview
- 8.4.13.2. Financial Performance
- 8.4.13.3. Product Benchmarking
- 8.4.13.4. Strategic Initiatives
- 8.4.14. Universal Robots A/S
- 8.4.14.1. Participant's Overview
- 8.4.14.2. Financial Performance
- 8.4.14.3. Product Benchmarking
- 8.4.14.4. Strategic Initiatives