The global Digital Twin Technology market is valued at 1880 million USD in 2018 and is expected to reach 8480 million USD by the end of 2024, growing at a CAGR of 35.1% between 2019 and 2024.

Pune, India -- (SBWire) -- 04/30/2019 --Verifiedmarketreports has announced the addition of the "Global Digital Twin Technology Market Research Report" The report focuses on global major leading players with information such as company profiles, product picture and specification.

Digital Twin is a near-real-time digital image about the historical and current behavior of a physical object or process that helps optimize business performance.

Key players in details:

General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation and Others.

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Market is segmented on the basis Type, Application and Region:

Global Digital Twin Technology Market segment by type: Parts Twin, Product Twin, Process Twin, System Twin.

Global Digital Twin Technology Market Segment by Applications: Aerospace & Defense, Automotive & Transportation, Machine Manufacturing, Energy & Utilities, Others.

Scope of the Report:

Digital Twin is first used for Aerospace & Defense, but it can be used for Automotive & Transportation, Machine Manufacturing, Energy & Utilities, and Other industry. Machine Manufacturing took up about 38.5% of the global total in 2017.

China, Japan, India and S. Korea, etc. are now the key developing market of Digital Twin in the future while they are all just at the beginning of digital twin technology. There are few vendors to have digital twin technology, and the Chinese market is still much smaller than the USA. Chinese AVIC have signed an agreement with French Dassault Systèmes to develop the digital twin in Jun. 2017.

Digital Twin Technology Market report comprises key factor which can be useful for any new player in the industry. It is possible due to comparative analysis and overview that is provided in the report. By focusing on all the details in the report, it is more than enough for any newcomers entering the industry so that they can get a better knowledge and study the market before making any strategic decision.

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Geographically, this report is segmented into several key Regions, with Sales, Sales, revenue, Market Share (%) and Growth Rate (%) of product in these regions, from 2017 to 2024 (forecast), covering United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).

There are 15 Chapters to deeply display the global Digital Twin Technology market:

Chapter 1, to describe Digital Twin Technology Market Introduction, product scope, market overview, market opportunities, market risk, market driving force;

Chapter 2, to analyze the top manufacturers of Digital Twin Technology, with sales, revenue, and price of Digital Twin Technology Market, in 2016 and 2017;

Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;

Chapter 4, to show the global market by regions, with sales, revenue and market share of Digital Twin Technology, for each region, from 2013 to 2019;

Chapter 5, 6, 7, 8 and 9, to analyze the Digital Twin Technology Market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;

Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;

Chapter 12, Digital Twin Technology market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024;

Chapter 13, 14 and 15, to describe Digital Twin Technology Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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