#Automotive HMI Market share

[ashwetu]

Human Machine Interface (HMI) Market to be Worth $8.57 Billion by 2031

Meticulous Research®, a premier global market research firm, has released its latest report titled “Human Machine Interface (HMI) Market by Offering (Hardware, Software, Services), Configuration (Connected, Web-based), End-Use Industry (Oil & Gas, Automotive, F&B, Others), & Geography - Global Forecast to 2031.”

According to this in-depth analysis, the Human Machine Interface market is anticipated to reach $8.57 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031. This growth is primarily driven by the increasing adoption of Industrial IoT (IIoT) and a rising demand for user-friendly interfaces. However, the high costs associated with HMI installation and maintenance may pose challenges to market expansion.

The report highlights significant opportunities arising from the integration of AI and edge computing technologies within HMI systems, alongside emerging applications of augmented reality (AR) and virtual reality (VR) across diverse sectors. Despite these opportunities, security concerns remain a critical challenge for market players. A notable trend within the sector is the growing preference for mobile-based HMI solutions.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5805

Market Segmentation Insights

By Offering: The global HMI market is categorized into hardware, software, and services. Hardware is expected to dominate the market in 2024, driven by increased automation across sectors such as manufacturing, automotive, and healthcare. This demand stems from the need for sophisticated control and monitoring systems aimed at enhancing operational efficiency and safety. The hardware segment is also projected to experience the highest CAGR during the forecast period, fueled by heightened investments in R&D focusing on efficiency and innovation.

By Configuration: The market is segmented into connected and web-based HMI. In 2024, the connected HMI segment is expected to capture a significant share, attributed to the rising demand for automation and enhanced connectivity in various industries. Conversely, the web-based HMI segment is poised for the highest CAGR, driven by globalization and the need for efficient remote management solutions.

By End-Use Industry: Key sectors examined include automotive, oil & gas, food & beverages, energy & power, chemicals, pharmaceuticals, aerospace & defense, and medical devices. The automotive industry is projected to hold the largest market share in 2024, propelled by consumer demand for advanced infotainment and driver-assistance systems. This segment is also expected to exhibit the highest CAGR during the forecast period.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/human-machine-interface-hmi-market-5805

By Geography: The report indicates that Asia-Pacific will lead the global HMI market in 2024, spurred by rapid growth in automotive, manufacturing, and consumer electronics sectors. Factors such as urbanization, rising disposable incomes, and government initiatives promoting industrial automation will significantly contribute to the region's market expansion.

Key Players

Prominent companies operating within the HMI market include Siemens AG (Germany), Schneider Electric SE (France), Rockwell Automation, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Honeywell International Inc. (U.S.), and others.

For a comprehensive overview and to access the full report, visit: https://www.meticulousresearch.com/request-sample-report/cp_id=5805

Key Questions Addressed in the Report:

What are the high-growth segments in the HMI market?

What is the historical market size for HMI globally?

What forecasts and estimates exist for 2024–2031?

What are the major drivers, restraints, opportunities, and challenges affecting the market?

Who are the leading players in the HMI market, and what are their market shares?

What recent developments and strategies are emerging in the competitive landscape?

Contact Us: Meticulous Research® Email: sales@meticulousresearch.com Contact Sales: +1-646-781-8004 Connect with us on LinkedIn: Meticulous Research LinkedIn

[delightfullyatomiccollector-blog]

Global Human Machine Interface Market Size, Share, Trends & Industry Growth Analysis Report To 2028

The Global Human Machine Interface Market size is estimated to be worth USD 5.2 Billion in 2023 and is projected to reach USD 7.7 Billion by 2028, at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period.

The HMI industry is experiencing growth due to increasing industrial automation, driven by Industry 4.0 and the need for efficient control and monitoring of complex processes. The demand for user-friendly, touch-screen interfaces in various industries is rising, along with the integration of advanced technologies such as IoT and data analytics. Additionally, sectors like automotive, manufacturing, and healthcare are investing in HMI systems to enhance productivity and product quality.

[industrynewsupdates]

Smart Factory Market Key Companies, Growth and Forecast Report, 2030

The global smart factory market size was valued at USD 130.25 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.8% from 2023 to 2030.

The market for smart factory is expected to expand due to several key factors, including increasing emphasis on energy efficiency, improved manufacturing productivity, and the establishment of advanced manufacturing infrastructures. Additionally, there are promising prospects for the adoption of collaborative robots and ongoing advancements in 3D printing technology, which are set to create lucrative opportunities for the market during the forecast period.

Artificial intelligence (AI) and machine learning (ML) are playing a pivotal role in smart factories. These technologies enable predictive maintenance, quality control, and process optimization. AI-driven analytics can uncover valuable insights from vast datasets, helping manufacturers make data-driven decisions. As AI capabilities continue to evolve, their integration into smart factories is expected to grow.

Gather more insights about the market drivers, restrains and growth of the Smart Factory Market

Smart Factory Market Report Highlights

• Based on technology, the Distributed Control Systems (DCS) segment accounted for the largest market share in 2022. This is attributed to the growing investments from the industrial sector, such as food & beverage, mining & metal, metallurgy, and electronics, in developing economies

• Based on field devices, the sensors segment is expected to expand at the highest CAGR by 2030, owing to their increasing self-sufficiency with low power consumption and integrated computing abilities

• Based on application, the automotive segment accounted for the largest revenue share in 2022 and is expected to continue the same trend over the forecast period. Automotive manufacturers are investing heavily in the development of smart manufacturing and automation to optimize production and reduce operating costs

• The Asia Pacific regional market accounted for the largest revenue share in 2022. This is attributed to the heavy investments of developing countries in smart technologies to keep abreast of international manufacturing standards and trends

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global small drone market size was estimated at USD 12.03 billion in 2023 and is expected to grow at a CAGR of 14.5% from 2024 to 2030.

• The global IoT platform market size was estimated at USD 11.10 billion in 2023 and is projected to grow at a CAGR of 12.7% from 2024 to 2030. 

Smart Factory Market Segmentation

Grand View Research has segmented the global smart factory market based on technology, field devices, application, and region:

Smart Factory Technology Outlook (Revenue, USD Billion, 2018 - 2030)

• Distributed Control Systems (DCS)

• Enterprise Resource Planning (ERP)

• Human Machine Interface (HMI)

• Manufacturing Execution System (MES)

• Product Life Cycle Management (PLM)

• Program Logic Controller (PLC)

• Supervisory Controller and Data Acquisition (SCADA)

• Others

Smart Factory Field Devices Outlook (Revenue, USD Billion, 2018 - 2030)

• Sensors

• Industrial Robotics

• Machine Vision Systems

• Others

Smart Factory Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Aerospace & Defense

• Automotive

• Energy & Power

• Food and Beverages

• Healthcare

• Semiconductor & Electronics

• Oil & Gas

• Others

Smart Factory Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

o Italy

o Spain

o Rest of Europe

• Asia Pacific

o China

o India

o Japan

o South Korea

o Rest of Asia Pacific

• Latin America

o Brazil

o Mexico

o Rest of Latin America

• Middle East & Africa (MEA)

o UAE

o Saudi Arabia

o Rest of Middle East & Africa

Order a free sample PDF of the Smart Factory Market Intelligence Study, published by Grand View Research.

[globalgrowthinsights]

Fluorine Aromatic Pi Film Market Developments, Trends & Opportunities till 2032

Fluorine Aromatic Pi Film Market provides in-depth analysis of the market state of Fluorine Aromatic Pi Film manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fluorine Aromatic Pi Film in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Fluorine Aromatic Pi Film Market Report:

The report offers a comprehensive and broad perspective on the global Fluorine Aromatic Pi Film Market.

The market statistics represented in different Fluorine Aromatic Pi Film segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Fluorine Aromatic Pi Film are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Fluorine Aromatic Pi Film.

Major stakeholders, key companies Fluorine Aromatic Pi Film, investment feasibility and new market entrants study is offered.

Development scope of Fluorine Aromatic Pi Film in each market segment is covered in this report. The macro and micro-economic factors affecting the Fluorine Aromatic Pi Film Market

Advancement is elaborated in this report. The upstream and downstream components of Fluorine Aromatic Pi Film and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/fluorine-aromatic-pi-film-market-100576

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[businessindustry]

Integrated Automation System (IAS) Market, Industry Recent Developments and Latest Technology 2032| Reports and Insights

The Reports and Insights, a leading market research company, has recently releases report titled “Integrated Automation System (IAS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Integrated Automation System (IAS) Market Research, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Integrated Automation System (IAS) Market?

The integrated automation system (IAS) market is expected to grow at a CAGR of 5.6% during the forecast period of 2024 to 2032.

What are Integrated Automation System (IAS)?

An Integrated Automation System (IAS) is an advanced technological solution engineered to unify and enhance diverse industrial processes within a single integrated framework. Through the integration of control systems, sensors, actuators, and software applications, IAS enables smooth communication and coordination among various components and subsystems, facilitating efficient monitoring, management, and control of activities such as production, logistics, and quality assurance. With its capacity to consolidate data, offer real-time insights, and automate repetitive tasks, IAS boosts productivity, lowers operational expenses, and enhances overall efficiency across a broad spectrum of industrial operations.

Request for a sample copy with detail analysis: https://www.reportsandinsights.com/sample-request/1880

What are the growth prospects and trends in the Integrated Automation System (IAS) industry?

The integrated automation system (IAS) market growth is driven by various factors. The market for Integrated Automation Systems (IAS) is experiencing swift expansion, fueled by the growing demand for efficient industrial automation and streamlined operational workflows. With businesses increasingly prioritizing enhanced productivity and cost-effectiveness, IAS solutions have become indispensable across diverse sectors such as manufacturing, energy, automotive, and healthcare. These systems offer seamless integration of control mechanisms, sensors, and software applications, facilitating optimized production, logistics, and quality control processes. Moreover, the increasing adoption of Industry 4.0 principles and the Internet of Things (IoT) further accelerates the IAS market growth, as organizations acknowledge the benefits of centralized data management, real-time monitoring, and predictive maintenance capabilities provided by these sophisticated automation systems. Hence, all these factors contribute to integrated automation system (IAS) market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Component:

Hardware

Software

Services

Type:

Distributed Control System (DCS)

Programmable Logic Controller (PLC)

Supervisory Control and Data Acquisition (SCADA)

Human Machine Interface (HMI)

Others

Industry Vertical:

Manufacturing

Oil and Gas

Energy and Utilities

Automotive

Aerospace and Defense

Chemicals

Pharmaceutical and Healthcare

Food and Beverage

Others

End User:

Small and Medium Enterprises (SMEs)

Large Enterprises

Application:

Process Automation

Discrete Automation

Connectivity:

Wired

Wireless

Functionality:

Plant Automation

Machine Automation

Deployment:

On-premises

Cloud-based

End-Use:

Industrial

Commercial

Solution:

Control Systems

Robotics

MES (Manufacturing Execution System)

Industrial IoT (Internet of Things)

Others

Service:

Consulting

Integration and Implementation

Maintenance and Support

Industry 4.0 Enabler:

Big Data Analytics

Artificial Intelligence

Industrial Cybersecurity

Cloud Computing

Segmentation By Region:

North America:

United States

Canada

Europe:

Germany

The U.K.

France

Spain

Italy

Russia

Poland

BENELUX

NORDIC

Rest of Europe

Asia Pacific:

China

India

Japan

South Korea

Australia

New Zealand

ASEAN

Rest of Asia Pacific

Latin America:

Brazil

Mexico

Argentina

Rest of Latin America

Middle East & Africa:

Saudi Arabia

United Arab Emirates

South Africa

Egypt

Israel

Rest of MEA.

Who are the key players operating in the industry?

The report covers the major market players including:

Siemens AG

Schneider Electric SE

Emerson Electric Co.

Honeywell International Inc.

Rockwell Automation Inc.

Mitsubishi Electric Corporation

Yokogawa Electric Corporation

Omron Corporation

Bosch Rexroth AG

General Electric Company

Johnson Controls International plc

Fanuc Corporation

Schneider Electric SE

Hitachi Ltd.

View Full Report: https://www.reportsandinsights.com/report/Integrated Automation System (IAS)-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

Reports and Insights consistently mееt international benchmarks in the market research industry and maintain a kееn focus on providing only the highest quality of reports and analysis outlooks across markets, industries, domains, sectors, and verticals. We have bееn catering to varying market nееds and do not compromise on quality and research efforts in our objective to deliver only the very best to our clients globally.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

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[bhavanameti]

Industrial Automation Software Market to Reach $59.5 Billion by 2029

Meticulous Research® —a leading global market research company, published a research report titled "Industrial Automation Software Market by Product (SCADA, DCS, MES, HMI, PLC, IT and Software Environment Integration Solutions, Production Process Test Systems), Deployment Type, End User, and Geography - Forecast to 2029".

The global industrial automation software market is projected to grow at a CAGR of 7.4% from 2022, reaching $59.5 billion by 2029. Key drivers of this growth include the increasing demand for automation to enhance manufacturing quality and reliability, the need for mass production with reduced operational costs, and the rise of Industry 4.0 and enabling technologies. Emerging automation-driven industries in developing countries also present significant growth opportunities for market players.

The market is segmented by product, deployment type, end user, and geography, with analysis at the regional and country levels.

Product Segmentation:

Supervisory Control and Data Acquisition (SCADA)

Distributed Control System (DCS)

Manufacturing Execution Systems (MES)

Human Machine Interface (HMI)

Programmable Logic Controller (PLC)

IT & Software Environment Integration Solutions

Production Process Test Systems

Automated Material Handling Systems

Coordinated Data Management Systems

Automatic Storage & Retrieval Systems

In 2022, SCADA is expected to hold the largest market share, driven by its role in data analysis and process optimization. However, the HMI segment is anticipated to experience the highest growth rate during the forecast period.

Deployment Type Segmentation:

On-Premise

Cloud-Based

The on-premise segment is expected to dominate the market in 2022 due to industries' preference for full security control. Conversely, the cloud-based segment is projected to grow at the highest CAGR during the forecast period.

End User Segmentation:

Oil & Gas

Chemicals & Materials

Paper & Pulp

Pharmaceuticals & Biotech

Mining & Metals

Food & Beverage

Power

Consumer Goods

Automotive

Machines & Tools

Semiconductors & Electronics

Aerospace & Defense

Other End Users

The oil & gas sector is forecasted to hold the largest market share in 2022, with significant automation needs in drilling operations, diagnostics, pipeline monitoring, and other areas. The chemicals & materials segment is expected to grow at the highest CAGR, driven by the adoption of IoT and process automation solutions to improve cost efficiency and innovation.

Geographic Segmentation:

North America

Asia-Pacific

Europe

Latin America

Middle East & Africa

Asia-Pacific is anticipated to hold the largest market share in 2022, supported by government initiatives for manufacturing digitization and investments in IIoT. Europe and North America follow in market size.

Key Market Players:

Emerson Electric Co. (U.S.)

ABB Ltd (Sweden)

Siemens AG (Germany)

General Electric Company (U.S.)

Schneider Electric SE (France)

Honeywell International Inc. (U.S.)

Rockwell Automation Inc. (U.S.)

HCL Technologies Ltd. (India)

Parsec Automation Corporation (U.S.)

SAP SE (Germany)

Tata Consultancy Services Limited (India)

Hitachi, Ltd. (Japan)

OMRON Corporation (Japan)

Aegis Industrial Software Corporation (U.S.)

IBM Corporation (U.S.)

Download Sample PDF Copy Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5279 

Key Questions Addressed in the Report:

Which market segments exhibit the highest growth in terms of product, deployment type, end user, and country?

What is the historical market size for the global industrial automation software market?

What are the market forecasts and estimates for 2022–2029?

What are the major drivers, restraints, opportunities, and challenges in this market?

Who are the major market players and their market shares?

What is the competitive landscape of the global industrial automation software market?

What recent developments have occurred in this market?

What strategies are adopted by the leading players?

What are the key geographic trends and high-growth countries?

Who are the emerging local players and how do they compete?

This detailed market analysis provides valuable insights for stakeholders and helps in strategic decision-making.

Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

[ashwetu]

Meticulous Research® Unveils Comprehensive Report on Human Machine Interface (HMI) Market, Projecting Growth to $8.57 Billion by 2031

Meticulous Research®, a premier global market research firm, has released its latest report titled “Human Machine Interface (HMI) Market by Offering (Hardware, Software, Services), Configuration (Connected, Web-based), End-Use Industry (Oil & Gas, Automotive, F&B, Others), & Geography - Global Forecast to 2031.”

According to this in-depth analysis, the Human Machine Interface market is anticipated to reach $8.57 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.7% from 2024 to 2031. This growth is primarily driven by the increasing adoption of Industrial IoT (IIoT) and a rising demand for user-friendly interfaces. However, the high costs associated with HMI installation and maintenance may pose challenges to market expansion.

The report highlights significant opportunities arising from the integration of AI and edge computing technologies within HMI systems, alongside emerging applications of augmented reality (AR) and virtual reality (VR) across diverse sectors. Despite these opportunities, security concerns remain a critical challenge for market players. A notable trend within the sector is the growing preference for mobile-based HMI solutions.

Download Sample Report Here: https://www.meticulousresearch.com/download-sample-report/cp_id=5805

Market Segmentation Insights

By Offering: The global HMI market is categorized into hardware, software, and services. Hardware is expected to dominate the market in 2024, driven by increased automation across sectors such as manufacturing, automotive, and healthcare. This demand stems from the need for sophisticated control and monitoring systems aimed at enhancing operational efficiency and safety. The hardware segment is also projected to experience the highest CAGR during the forecast period, fueled by heightened investments in R&D focusing on efficiency and innovation.

By Configuration: The market is segmented into connected and web-based HMI. In 2024, the connected HMI segment is expected to capture a significant share, attributed to the rising demand for automation and enhanced connectivity in various industries. Conversely, the web-based HMI segment is poised for the highest CAGR, driven by globalization and the need for efficient remote management solutions.

By End-Use Industry: Key sectors examined include automotive, oil & gas, food & beverages, energy & power, chemicals, pharmaceuticals, aerospace & defense, and medical devices. The automotive industry is projected to hold the largest market share in 2024, propelled by consumer demand for advanced infotainment and driver-assistance systems. This segment is also expected to exhibit the highest CAGR during the forecast period.

Check complete table of contents with list of table and figures: https://www.meticulousresearch.com/product/human-machine-interface-hmi-market-5805

By Geography: The report indicates that Asia-Pacific will lead the global HMI market in 2024, spurred by rapid growth in automotive, manufacturing, and consumer electronics sectors. Factors such as urbanization, rising disposable incomes, and government initiatives promoting industrial automation will significantly contribute to the region's market expansion.

Key Players

Prominent companies operating within the HMI market include Siemens AG (Germany), Schneider Electric SE (France), Rockwell Automation, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), Honeywell International Inc. (U.S.), and others.

For a comprehensive overview and to access the full report, visit: https://www.meticulousresearch.com/request-sample-report/cp_id=5805

Key Questions Addressed in the Report:

What are the high-growth segments in the HMI market?

What is the historical market size for HMI globally?

What forecasts and estimates exist for 2024–2031?

What are the major drivers, restraints, opportunities, and challenges affecting the market?

Who are the leading players in the HMI market, and what are their market shares?

What recent developments and strategies are emerging in the competitive landscape?

Contact Us: Meticulous Research® Email: sales@meticulousresearch.com Contact Sales: +1-646-781-8004 Connect with us on LinkedIn: Meticulous Research LinkedIn

[trendingreportz]

Brazil Industry 4.0 Market - Forecast(2024 - 2030)

Brazil Industry 4.0 Market Overview

Brazil Industry 4.0 Market size is forecasted to reach $6230.29 million by 2027, growing at a CAGR of 10.91% during the forecast period from 2022-2027. Industry 4. has become vital for all organizations owing to paradigm shift towards real time or near real-time process monitoring in the industrial sector. The growing emphasis towards high-speed machine-to-machine (M2M) communication on the factory floor coupled with the increasing investment in plant digitalization is set to drive the Brazil Industry 4.0 Market growth during the forecast period. In addition to this, adoption of various advanced technologies including augmented reality, cloud computing, enterprise resource planning, internet of things, robotics and others; across industry verticals such as oil and gas, transportation, energy, mining, utilities and so on, is set to drive system integration service market growth. Increasing penetration of industry 4.0 across the globe combining artificial intelligence, big data and analytics, 4G, 5G with operational technology as a part of addressing worker safety, optimizing field operations, and boosting maintenance productivity along with process efficiency in industrial environments is considered vital in driving the growth of Brazil industry 4.0 industry.

Report Coverage

The report: “Brazil Industry 4.0 Market Report– Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the Brazil Industry 4.0 Market.

By Offerings: Hardware, Software and Services (System Integration Services, Testing & Certification, Maintenance and Operational Services, Consulting and Others).

By Technology: Artificial Intelligence, Machine-to-Machine, Big Data and Analytics, Augmented Reality & Virtual Reality, Autonomous Robots, SCADA, Simulation, Horizontal and vertical System Integration, Cloud Computing, Cyber Security, Internet of Things (IoT), Digital Twin, Advanced human-machine interfaces (HMI), Additive Manufacturing (3D Printing) and Others.

By End-User: General Manufacturing, Transportations & Logistics, Medical & Pharmaceutical, Metal & Mining, Oil & Gas (Upstream, Midstream and Downstream), Automotive & Tire, Aerospace & Defence, Food & Beverage, Electronics & Semiconductors, Power (Power Generation, Power Distribution and Power Transmission), Construction, Agriculture (Seeding and Weeding, Monitoring, Fertilizer Application, Harvesting, Pruning, and Others), Water & Wastewater Treatment, Paper & Pulp, Chemical and Others.

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Key Takeaways

Big Data & Analytics held a significant market share in 2021 and is estimated to be the fastest segment during 2022-2027, owing to the shift of Brazil towards Industry 4.0, with industries such as oil, gas, minerals, and agriculture through the adoption of big data & analytics.

The market of Brazil Industry 4.0 is estimated to witness a significant upsurge during the forecast period, owing to the increasing adoption of advanced technologies such as predictive maintenance, data analytics, digital twins, artificial intelligence and others in the Oil & Gas sector.

This industry is consolidated with top market players including Iastech Automação De Sistemas Ltda, Simatec Tecnologia em Automacao Ltda, Techplus Automacao, Automind Automação, Greylogix Brasil among others.

Brazil Industry 4.0 Market Segment Analysis - by Offerings

Brazil's Industry 4.0 market is segmented into Hardware, Software and Services, based on offerings. According to the Brazil Industry 4.0 Market report of IndustyrARC, the Hardware segment held the major market share in 2021 of $1659.71 million and is estimated to reach $2978.08 million in 2027, with a CAGR of around 10.19% during the forecast period 2022-2027. The growth of this segment is mainly driven by the increasing adoption of industry 4.0 across industries and a growing inclination toward digitalization along with increasing investment. Furthermore, Industry standards that achieve higher levels of security to enable connected solutions in the factory are driving the need for hardware security. This is expected to boost market growth. The increasing popularity and high penetration rate among the end-user industries play a major role in offering incentives to the market players to take various strategic steps. For instance, in February 2021, ABB introduced the SWIFTI cobot, which combines a payload of 4 kg and a reach of up to 580 mm with the advantages of safe collaborative operation and convenience of use. This will offer up new opportunities for increased efficiency in a variety of sectors ranging from manufacturing to logistics and beyond, allowing more organizations to embrace automation. Such developments fuel the growth rate Brazil Industry 4.0 Market in the forecast period 2022-2027.

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Brazil Industry 4.0 Market Segment Analysis - by Technology

By Technology, the Brazil Industry 4.0 Market is segmented into Artificial Intelligence, Machine-to-Machine, Big Data and Analytics, Augmented Reality & Virtual Reality, Autonomous Robots, SCADA, Simulation, Horizontal and vertical System Integration, Cloud Computing, Cyber Security, Internet of Things (IoT), Digital Twin, Advanced human-machine interfaces (HMI), Additive Manufacturing (3D Printing) and Others. Big Data and Analytics segment held the major market share in 2021 of $474.28 million and is estimated to reach $834.86 million in 2027, with a CAGR of around 9.84% during the forecast period. Brazil is gradually moving toward Industry 4.0, with industries such as oil, gas, minerals, and agriculture expected to be early adopters of Big Data services. According to Software.org, 21 to 24 percent of Brazilian small and medium-sized businesses believe digitization will aid in the development of more personalized products and services. Such high penetration of advanced technologies and inclination towards digitalization will give incentives to the market players to take various steps to expand their business. Hence, the above-mentioned factors will drive the growth of this market during 2022-2027.

Brazil Industry 4.0 Market Segment Analysis – by End-user

Based on end-user, the market is segmented into General Manufacturing, Transportations & Logistics, Medical & Pharmaceutical, Metal & Mining, Oil & Gas, Automotive & Tire, Aerospace & Defence, Food & Beverage, Electronics & Semiconductors, Power, Construction, Agriculture, Water & Wastewater Treatment, Paper & Pulp, Chemical and Others. The metal and Mining segment held the major Brazil Industry 4.0 Market share in 2021 of $434.20 million and is estimated to reach $831.47 million in 2027, with a CAGR of around 11.40% during the forecast period. The value of digital technology in the mining industry is growing as companies look for ways to reduce geological uncertainty, market volatility, and operational hazards. Big data analytics and the internet of things (IoT) offer a unique opportunity to rethink existing processes and create new value. The metal and mining industry is now involved in connecting previously unconnected operational technology (OT), devices and systems, and information technology (IT) for data exchange and operational efficiency via IT/OT convergence, integrated sales and operational planning, agile supply chain, digital EHS monitoring, and performance parameters. According to the Ibram association, the mining industry in Brazil will invest $40.4 billion by 2026. This will help to improve the mining business in Brazil and, eventually, the Industry 4.0 market in Brazil. Such factors will drive the growth of this market.

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Brazil Industry 4.0 Market Drivers

Increasing proliferation of technologies like predictive maintenance, data analytics, digital twins, artificial intelligence and others in Oil & Gas sector fuels the growth:

Over the last few years, the oil & gas sector is undergoing a transition as leading players in this industry are adopting advanced technology to reshape their operating landscape and reap the benefits of improved productivity, higher efficiency, and increased cost savings. In order to decarbonize and optimize operations, the Brazilian O&G industry has started to take advantage of advanced technologies including cloud services, digital twins Internet of things (IoT) and Artificial Intelligence (AI), among other digital services. Apart from that, the adoption of video surveillance complemented by advanced analytics and machine learning to improve operational efficiency as well as health and safety in the O&G sector can be considered vital in driving the Brazil Industry 4.0 Market growth forward. For instance, in November 2021, Brazil’s Petrobras, the leading oil, natural gas and derivatives exploration, production and distribution company, announced the plan of investing $68 Bn from 2022-2026 to boost oil production in the subsea pre-salt area by leveraging the advanced technologies to fulfill the demand of the customers. Such steps create a positive impact on the growth of this market.

The burgeoning demand for establishing a digital infrastructure in the mining sector is accelerating the growth of this market:

The Brazilian mining industry is opting for technological innovation to remain competitive while driving safety and transparency standards. Mining is of major importance to the Brazilian economy, having more than 3,000 mines spread across the national territory. The Brazilian mining industry is facing significant challenges due to plummeting commodity prices, lessening global demand and increasing safety and security risks. To reduce the effect of such challenges, miners need to improve safety, scale operations, improve operational processes, and enhance production, thereby driving the need for new business models and operating models. Leading mining companies in Brazil are harnessing the high computing power of digital technologies, including cloud-enabled mobility, big data-powered analytics and the industrial Internet of Things (IoT). This in turn drives the growth of this market. Furthermore, the increasing usage of robotics and penetration of automation with assisted and remote-control equipment and autonomous drilling and related process in the mining industry, to deliver safer and more effective mining performance, is fueling the growth of this market. In June 2021, Japan’s ITOCHU Corporation announced signing an MoU with the Brazilian CSN Group with the aim of promoting decarbonization and digital transformation (DX) for Casa de Pedra iron ore mines in Brazil. Such events trigger the growth of this market.

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Brazil Industry 4.0 Market Challenge

The lack of investments in digital infrastructure in Brazil is creating hurdles for the market growth

Even though the Brazil Industry 4.0 Market is growing rapidly, but the lack of investment for developing digital infrastructure in Brazil creates challenges for the growth of this market. The implementation of Industry 4.0 in Brazil is still a challenge owing to the lack of investment in IT infrastructure in the country. IT readiness and appropriate telecommunications infrastructure are necessary for Industry 4.0 to thrive across Brazil. The research conducted by CNI shows that the alarming point is that only 33% of companies in Brazil claim that no new investment is needed. Another survey report of CNI states that innovation benefits the production chain and the country, demonstrating impacting results for the companies involved and for the country's economy, but the reality in Brazil is approximately half of the companies are still considered industry 2.0. To shift it from industry 2.0 to industry 4.0, a huge amount of investment is required. Hence, the lack of investment creates challenges for this market.

Brazil Industry 4.0 Industry Outlook

Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Brazil Industry 4.0 Market. In 2021, the market of Brazil Industry 4.0 industry outlook has been fragmented by several companies. The top 10 companies in the Brazil Industry 4.0 include

Iastech Automacao De Sistemas Ltda

Simatec Tecnologia em Automacao Ltda

Techplus Automacao

Automind Automacao

Greylogix Brasil

Icone Tecnologia e Automacao

Automaton Automacao

Company 8

Company 9

Company 10

Recent Developments

In June 2021, Schneider Electric, a global leader in digital transformation and energy management and automation, inaugurated a new industrial automation laboratory in Brooklyn, south of São Paulo which was made in partnership with Westcon Instrumentation Industrial to simulate the industrial internet of things (IIoT) and industry 4.0 applications with augmented reality demonstrations.

In May 2020, Siemens announced its partnership with GreyLogix to produce respirators in-house for use in healthcare facilities in Brazil to help fight the coronavirus. The equipment featured Siemens solutions, with emphasis on the controllers and HMIs of the SIMATIC line and the power supplies of the SITOP line, and at the same time, GreyLogix ensured that the equipment produced followed the necessary medical requirements.

In March 2020, Schneider Electric announced to invest in the Titled High-Performance Machine journey based on Industry 4.0, by providing a series of training and workshops to support machine manufacturers and end users who want to improve performance and productivity and reduce costs in production processes in Brazil.