What is the current Asia Industry 4.0 Market size?

The Asia Industry 4.0 Market is projected to register a CAGR of 21.60% during the forecast period (2024-2029) Read More

Who are the key players in Asia Industry 4.0 Market?

Mitsubishi Electric, Omron Corporation, Yokogawa Electric Corporation, Fanuc Corporation and Yaskawa Electric Corporation are the major companies operating in the Asia Industry 4.0 Market. Read More

What years does this Asia Industry 4.0 Market cover?

The report covers the Asia Industry 4.0 Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Industry 4.0 Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia Industry 4.0 Market - Size, Share & Industry Analysis

Asia Industry 4.0 Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia Industry 4.0 Market is Segmented by Technology Type (Industrial Robotics, IIoT, AI and ML, Blockchain, Extended Reality, Digital Twin, 3D Printing, Other Technology Types), End-user Industry (Manufacturing, Automotive, Oil and Gas, Energy and Utilities, Electronics and Foundry, Food and Beverage, Aerospace and Defense, Other End-user Industries), and Country (China, South Korea, Japan, India, Indonesia, Rest of Asia). The market size and forecasts are provided in terms of value in USD million for all the above segments.

Asia Industry 4.0 Industry Overview

The Asian Industry 4.0 market is very competitive. The market is highly concentrated due to the presence of various small and large players. Some of the significant players in the market are Mitsubishi Electric, Omron Corporation, Yokogawa Electric Corporation, Fanuc Corporation, Yaskawa Electric Corporation, Robert Bosch GmbH General Electric Company, and many more.

In February 2022, Mitsubishi Electric Asia's Factory Automation & Industrial Division joined Singapore's ARTC as a Tier 2 Member. The Advanced Remanufacturing and Technology Centre (ARTC), a contemporary platform built upon solid public-private partnerships company, is expanding its foothold around the Industrial Internet of Things (IIoT) services by developing integrated solutions for manufacturing companies to accelerate digital transformation and scaling up its adoption of Industry 4.0 technologies in response to Singapore's Smart Industry Readiness Index.

In February 2022, the Japanese manufacturing group Mitsubishi Electric inducted the country mate NTT Docomo into its new Industry 4.0 alliance in Thailand to offer private 5G with smart manufacturing solutions from other partners. Mitsubishi Electric called it the first case of 5G with Japanese equipment in Thailand. The companies will build a new private 5G set up in the country by the end of the summer, strategically located for the government's Thailand 4.0 project.