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Global Industry 4.0 Market to Reach $219.8 Billion by 2026

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New York, Nov. 11, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Industry 4.0 Industry” – https://www.reportlinker.com/p05798876/?utm_source=GNW
Also referred to as Industrie 4.0, because of being first conceived and implemented by Germany, i4.0 involves the integration of automation techniques and connected objects for revolutionizing the factory floor. i4.0 functions in the form of a subset of the Internet of Things (IoT) and spans all facets of industrial development. In an i4.0-enabled manufacturing environment, different manufacturing processes are inter-connected through industrial protocols to generate intelligent data. The dynamic engineering and business processes of such a manufacturing environment enable end-process changes during production, thereby responding flexibly in the event of suppliers failing to fulfill the supply orders.

i4.0 is a concept in which manufacturing facilities are fitted with state-of-the-art sensors and wireless technologies which visualize and display the entire manufacturing process. These sensors and wireless technologies are integrated with various technologies, including artificial intelligence (AI), the IoT, machine learning and cloud computing. The integrated use of these technologies by an i4.0-enabled manufacturing environment enables the manufacturers to make well informed business decisions and improve their production efficiency. By optimizing technology and material usage, as well as asset performance, an i4.0-enabled manufacturing environment enhances the profitability of businesses.

Amid the COVID-19 crisis, the global market for Industry 4.0 estimated at US$90.6 Billion in the year 2020, is projected to reach a revised size of US$219.8 Billion by 2026, growing at a CAGR of 16.5% over the analysis period. Internet of Things, one of the segments analyzed in the report, is projected to record a 17.3% CAGR and reach US$68.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Industrial Robotics segment is readjusted to a revised 18.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $25.5 Billion in 2021, While China is Forecast to Reach $40.9 Billion by 2026

The Industry 4.0 market in the U.S. is estimated at US$25.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$40.9 Billion by the year 2026 trailing a CAGR of 20.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.7% and 14.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR.

The growth of the market is being propelled by the increasing awareness among businesses of the several advantages that these technologies offer. Other factors spurring the projected growth within the worldwide market for i4.0 technologies include the increasing implementation of the Industrial Internet of Things (IIoT); the increasing demand for efficient and cost effective manufacturing processes from a wide range of industries; and the significant increase in the demand for automation systems for enhancing the quality of finished goods. Additional factors powering the market`s growth include innovations and technological advancements in additive printing technology; and advancements in smart sensing technologies and controls. Additionally, the increasing trend of automating manufacturing facilities, together with the increasing demand for energy-efficient machinery and processes, together with the IoT-enabled sensors` integrated computing capabilities, are also projected to fuel the growth of the worldwide market for i4.0 technologies. Furthermore, IoT sensors, smart devices, and data collection are leveraged by i4.0-based systems for improving operational efficiency, a factor that is also expected to provide significant opportunities for growth of the worldwide i4.0 market. In the coming 10 years, businesses would set-up global networks incorporating their production facilities, machinery and warehousing systems as cyber-physical systems. Such systems, in the production environment, consist of storage systems, production facilities, and smart machines that could exchange information autonomously, and exercise independent control over each other. These changes provide huge opportunities for optimization of manufacturing and production processes. On the flip side, such changes put manufacturers under conventional business pressure

3D Printing Segment to Reach $33.7 Billion by 2026

In the global 3D Printing segment, USA, Canada, Japan, China and Europe will drive the 16.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$11.5 Billion in the year 2020 will reach a projected size of US$33 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.4 Billion by the year 2026.
Select Competitors (Total 310 Featured)

  • 3D Systems, Inc.
  • ABB Group
  • Alphabet, Inc.
  • Arcadia Data, Inc.
  • Cisco Systems, Inc.
  • Denso Corporation
  • General Electric Company
  • General Vision
  • Hewlett Packard Enterprise Development LP (HPE)
  • IBM Corporation
  • Intel Corporation
  • MAXST Co., Ltd.
  • Microsoft Corporation
  • Mitsubishi Electric Corporation
  • NGRAIN Corporation
  • Qualcomm, Inc.
  • Rethink Robotics, Inc.
  • Rockwell Automation, Inc.
  • Samsung Electronics Co., Ltd.
  • Siemens AG
  • Stratasys Ltd.
  • Texas Instruments, Inc.
  • XJet Ltd.

Read the full report: https://www.reportlinker.com/p05798876/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession: 2020
Marked as a Year of Disruption & Transformation
EXHIBIT 1: World Economic Growth Projections (Real GDP, Annual
% Change) for 2020 through 2022
COVID-19 Impact on Industry 4.0
Industry 4.0 Concepts
Vital Lessons for Manufacturing Industry during Pandemic Crisis
EXHIBIT 2: Global Machine Tools Market Reset & Trajectory –
Growth Outlook (In %) For Years 2019 Through 2025
EXHIBIT 3: Global Manufacturing Automation Market Reset &
Trajectory – Growth Outlook (In %) For Years 2019 Through 2025
EXHIBIT 4: Global Automotive Market Reset & Trajectory – Growth
Outlook (In %) For Years 2019 Through 2025
EXHIBIT 5: Global Transportation Market Reset & Trajectory –
Growth Outlook (In %) For Years 2019 Through 2025
Industry 4.0 in Pre-COVID-19 Period
Industry 4.0 in Post COVID-19 Period
Impact of Technology on Transformation of Industries
An Introduction to Industry 4.0
History of Industry 4.0
Key Industry 4.0 Technologies
Horizontal and Vertical Integration in Industry 4.0
Current Stage of Industry 4.0 Adoption
Benefits and Advantages of Industry 4.0
Key Risks and Challenges of Industry 4.0
Industry 4.0: Prospects & Outlook
Analysis by Technology
EXHIBIT 6: World Industry 4.0 Market by Vertical (2020 & 2027):
Percentage Breakdown of Revenues for Manufacturing, Automotive &
Transportation, Chemicals & Pharmaceuticals, Consumer
Electronics, Energy & Utilities, and Other Verticals
Vertical-based Analysis
EXHIBIT 7: World Industry 4.0 Market by Technology (2020 &
2027): Percentage Breakdown of Revenues for Internet of
Things, Industrial Robotics, 3D Printing, Industrial
Metrology, Artificial Intelligence, and Other Technologies
Geography-Based Analysis
EXHIBIT 8: World Industry 4.0 Market by Region (2020 & 2027):
Percentage Breakdown of Revenues for Developed and Developing
Regions
EXHIBIT 9: World Industry 4.0 Market – Geographic Regions
Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific,
Rest of World, USA, Europe, Canada, and Japan
Competitive Landscape
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
The Ever Growing IoT Ecosystem, A Cornerstone for Growth
EXHIBIT 10: Global Number of IoT Connected Devices (In Billion)
for the Years 2016, 2018, 2020, 2022 & 2025
EXHIBIT 11: Global IoT Market (In US$ Billion) by Industry for
the Years 2018 and 2022
Increasing Number of Connected Devices and Growth of IoT
Adoption in Industrial Control Systems Enhance Need for
Effective Cybersecurity Solutions
EXHIBIT 12: Global IoT Spending: Percentage Breakdown by
Industry Vertical for the Years 2018 and 2022
EXHIBIT 13: Global Breakdown of Investments in Manufacturing
IoT (in US$ Billion) for the Years 2016, 2018, 2020 and 2025
HMI Technologies Take Center Stage in Industrial Automation
Ecosystem
EXHIBIT 14: Global Digital Transformation Opportunity (In US$
Billion) for the Years 2019, 2021 and 2023
Evolution of IoT Drives Robust Innovation in HMI Technology
EXHIBIT 15: Global Number of IoT Connected Devices (In Billion)
for the Years 2016, 2018, 2020, 2022 & 2025
Industrial Robotics Market Recording Strong Growth
Growing Automation Rapidly Changing Manufacturing Sector Landscape
3D Printing: A High Growth Market
EXHIBIT 16: Global Market for 3D Printing by Application:
(2021E): Percentage Breakdown by Application Area
Industry 4.0 Trends Impacting the Manufacturing Processes
IT/OT Convergence Brings Forth Cybersecurity Gaps in
Manufacturing Industry
Chemical Processing Industry at High Risk of Cyber Crimes,
Driving Need for Security Solutions
With Transportation Systems Worldwide Facing High Risk of
Cyberattacks, the Need for Effective Cybersecurity Solutions
Grows
Rising Risk of Cyber Threats in Auto Industry: An Opportunity
for IoT Solutions
Amidst Rapidly Changing and Evolving Cyber Threats, Energy
Sector Adopts Advanced Solutions to Enhance Security
As a Prime Target for Cyber Criminals, Power Sector Witnesses
High Demand for Cybersecurity Solutions
EXHIBIT 17: Digitalization of Coal Power Plants Presents
Opportunity for Cybersecurity Market: Number of Existing Coal
Plants and New Planned Coal Plants by Select Country/Region
for 2019
Threat of Cyberattacks on the US Electric Power Sector:
Assessing the Impact of Attacks by Various Actors for Power
Utilities
Evolution of Cyberattacks on Industrial Control Systems in
Power Sector: A Historical Timeline
Shift towards Smart Factories and the Potential Risk of
Cyberattacks Fuels Importance of Cybersecurity for Intelligent
Factories
EXHIBIT 18: Global Smart Factory Market: Revenues in US$
Billion by Region/Country for the Years 2018 and 2024
Impact of COVID-19
Challenges Facing the Industry 4.0 Market
Challenges Commonly Confronted by Manufacturers and Measures to
Develop More Cyber Resilient Networks
Challenges Confronting Implementation of Industry 4.0
Challenges Posed by Continuously Evolving Technology Environment

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Industry 4.0 by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR

Table 2: World 7-Year Perspective for Industry 4.0 by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027

Table 3: World Current & Future Analysis for Internet of Things
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR

Table 4: World 7-Year Perspective for Internet of Things by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 5: World Current & Future Analysis for Industrial
Robotics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 6: World 7-Year Perspective for Industrial Robotics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 7: World Current & Future Analysis for 3D Printing by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR

Table 8: World 7-Year Perspective for 3D Printing by Geographic
Region – Percentage Breakdown of Value Revenues for USA,
Canada, Japan, China, Europe, Asia-Pacific and Rest of World
for Years 2020 & 2027

Table 9: World Current & Future Analysis for Industrial
Metrology by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 10: World 7-Year Perspective for Industrial Metrology by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 11: World Current & Future Analysis for Artificial
Intelligence by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 12: World 7-Year Perspective for Artificial Intelligence
by Geographic Region – Percentage Breakdown of Value Revenues
for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 13: World Current & Future Analysis for Other
Technologies by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 14: World 7-Year Perspective for Other Technologies by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 15: World Current & Future Analysis for Manufacturing by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR

Table 16: World 7-Year Perspective for Manufacturing by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 17: World Current & Future Analysis for Automotive &
Transportation by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Million for
Years 2020 through 2027 and % CAGR

Table 18: World 7-Year Perspective for Automotive &
Transportation by Geographic Region – Percentage Breakdown of
Value Revenues for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World for Years 2020 & 2027

Table 19: World Current & Future Analysis for Chemicals &
Pharmaceuticals by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets –
Independent Analysis of Annual Revenues in US$ Million for
Years 2020 through 2027 and % CAGR

Table 20: World 7-Year Perspective for Chemicals &
Pharmaceuticals by Geographic Region – Percentage Breakdown of
Value Revenues for USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World for Years 2020 & 2027

Table 21: World Current & Future Analysis for Consumer
Electronics by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 22: World 7-Year Perspective for Consumer Electronics by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 23: World Current & Future Analysis for Energy &
Utilities by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets – Independent
Analysis of Annual Revenues in US$ Million for Years 2020
through 2027 and % CAGR

Table 24: World 7-Year Perspective for Energy & Utilities by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

Table 25: World Current & Future Analysis for Other Verticals
by Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets – Independent Analysis
of Annual Revenues in US$ Million for Years 2020 through 2027
and % CAGR

Table 26: World 7-Year Perspective for Other Verticals by
Geographic Region – Percentage Breakdown of Value Revenues for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027

III. MARKET ANALYSIS

UNITED STATES
Trends Shaping Industry 4.0 in the USA
Market Analytics
Table 27: USA Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 28: USA 7-Year Perspective for Industry 4.0 by Technology –
Percentage Breakdown of Value Revenues for Internet of
Things, Industrial Robotics, 3D Printing, Industrial Metrology,
Artificial Intelligence and Other Technologies for the Years
2020 & 2027

Table 29: USA Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 30: USA 7-Year Perspective for Industry 4.0 by Vertical –
Percentage Breakdown of Value Revenues for Manufacturing,
Automotive & Transportation, Chemicals & Pharmaceuticals,
Consumer Electronics, Energy & Utilities and Other Verticals
for the Years 2020 & 2027

CANADA
Table 31: Canada Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 32: Canada 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 33: Canada Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 34: Canada 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

JAPAN
Table 35: Japan Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 36: Japan 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 37: Japan Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 38: Japan 7-Year Perspective for Industry 4.0 by Vertical –
Percentage Breakdown of Value Revenues for Manufacturing,
Automotive & Transportation, Chemicals & Pharmaceuticals,
Consumer Electronics, Energy & Utilities and Other Verticals
for the Years 2020 & 2027

CHINA
Table 39: China Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 40: China 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 41: China Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 42: China 7-Year Perspective for Industry 4.0 by Vertical –
Percentage Breakdown of Value Revenues for Manufacturing,
Automotive & Transportation, Chemicals & Pharmaceuticals,
Consumer Electronics, Energy & Utilities and Other Verticals
for the Years 2020 & 2027

EUROPE
Table 43: Europe Current & Future Analysis for Industry 4.0 by
Geographic Region – France, Germany, Italy, UK and Rest of
Europe Markets – Independent Analysis of Annual Revenues in US$
Million for Years 2020 through 2027 and % CAGR

Table 44: Europe 7-Year Perspective for Industry 4.0 by
Geographic Region – Percentage Breakdown of Value Revenues for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027

Table 45: Europe Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 46: Europe 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 47: Europe Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 48: Europe 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

FRANCE
Table 49: France Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 50: France 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 51: France Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 52: France 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

GERMANY
Table 53: Germany Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 54: Germany 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 55: Germany Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 56: Germany 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

ITALY
Table 57: Italy Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 58: Italy 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 59: Italy Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 60: Italy 7-Year Perspective for Industry 4.0 by Vertical –
Percentage Breakdown of Value Revenues for Manufacturing,
Automotive & Transportation, Chemicals & Pharmaceuticals,
Consumer Electronics, Energy & Utilities and Other Verticals
for the Years 2020 & 2027

UNITED KINGDOM
Table 61: UK Current & Future Analysis for Industry 4.0 by
Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 62: UK 7-Year Perspective for Industry 4.0 by Technology –
Percentage Breakdown of Value Revenues for Internet of
Things, Industrial Robotics, 3D Printing, Industrial Metrology,
Artificial Intelligence and Other Technologies for the Years
2020 & 2027

Table 63: UK Current & Future Analysis for Industry 4.0 by
Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 64: UK 7-Year Perspective for Industry 4.0 by Vertical –
Percentage Breakdown of Value Revenues for Manufacturing,
Automotive & Transportation, Chemicals & Pharmaceuticals,
Consumer Electronics, Energy & Utilities and Other Verticals
for the Years 2020 & 2027

REST OF EUROPE
Table 65: Rest of Europe Current & Future Analysis for Industry
4.0 by Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 66: Rest of Europe 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 67: Rest of Europe Current & Future Analysis for Industry
4.0 by Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 68: Rest of Europe 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

ASIA-PACIFIC
Table 69: Asia-Pacific Current & Future Analysis for Industry
4.0 by Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 70: Asia-Pacific 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 71: Asia-Pacific Current & Future Analysis for Industry
4.0 by Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 72: Asia-Pacific 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

REST OF WORLD
Table 73: Rest of World Current & Future Analysis for Industry
4.0 by Technology – Internet of Things, Industrial Robotics, 3D
Printing, Industrial Metrology, Artificial Intelligence and
Other Technologies – Independent Analysis of Annual Revenues in
US$ Million for the Years 2020 through 2027 and % CAGR

Table 74: Rest of World 7-Year Perspective for Industry 4.0 by
Technology – Percentage Breakdown of Value Revenues for
Internet of Things, Industrial Robotics, 3D Printing,
Industrial Metrology, Artificial Intelligence and Other
Technologies for the Years 2020 & 2027

Table 75: Rest of World Current & Future Analysis for Industry
4.0 by Vertical – Manufacturing, Automotive & Transportation,
Chemicals & Pharmaceuticals, Consumer Electronics, Energy &
Utilities and Other Verticals – Independent Analysis of Annual
Revenues in US$ Million for the Years 2020 through 2027 and %
CAGR

Table 76: Rest of World 7-Year Perspective for Industry 4.0 by
Vertical – Percentage Breakdown of Value Revenues for
Manufacturing, Automotive & Transportation, Chemicals &
Pharmaceuticals, Consumer Electronics, Energy & Utilities and
Other Verticals for the Years 2020 & 2027

IV. COMPETITION
Total Companies Profiled: 310
Read the full report: https://www.reportlinker.com/p05798876/?utm_source=GNW

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Artificial Intelligence

More than $9 Million Awarded to High School Scientists and Engineers at the Regeneron International Science and Engineering Fair 2024

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Grace Sun, 16, receives $75,000 Top Award for a new kind of organic electrochemical transistor at the world’s largest pre-college science, technology, engineering and math (STEM) competition.
TARRYTOWN, N.Y. and WASHINGTON, May 17, 2024 /PRNewswire/ — Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) and Society for Science (the Society) announced that Grace Sun, 16, of Lexington, Kentucky, won the $75,000 top award, the George D. Yancopoulos Innovator Award, named in honor of the pioneering drug researcher and Regeneron co-Founder, Board co-Chair, President and Chief Scientific Officer, in the 2024 Regeneron International Science and Engineering Fair (Regeneron ISEF), the world’s largest pre-college science and engineering competition. Other top prizes went to projects in second-order cone programming, microplastics filtration and multi-sensory therapy for dementia.

The top winners were honored during two award ceremonies: the Special Awards on May 16 and the Grand Awards Ceremony on the morning of May 17. In total, over $9 million USD was awarded to the finalists based on their projects’ creativity, innovation and depth of scientific inquiry. The competition featured nearly 2,000 young scientists representing 49 U.S. states and nearly 70 countries, regions and territories across the world.
Grace Sun, 16, of Lexington, Kentucky, won first place and received the $75,000 George D. Yancopoulos Innovator Award for her research on building a better organic electrochemical transistor that she hopes will be used to develop new electronic devices that could help detect and treat serious illnesses like diabetes, epilepsy and organ failure. To overcome the problems that have previously prevented such devices from working effectively inside the body, Grace developed a new way of chemically treating their organic components, which greatly improved their laboratory performance.
Michelle Wei, 17, of San Jose, California, received one of two Regeneron Young Scientist Awards of $50,000 for her research to improve the speed and efficiency of a type of software that is useful in many fields such as machine learning, transportation and financial systems. Michelle’s new approach involved determining a quick approximate solution to the second-order cone programming problem, then splitting the initial cone into smaller cones, which enabled her new algorithm to greatly outperform previous approaches.
Krish Pai, 17, of Del Mar, California, received the second Regeneron Young Scientist Award of $50,000 for his machine-learning research to identify microbial genetic sequences that can be modified to biodegrade plastic. His new software, called Microby, scans databases of microorganisms and determines which ones can be changed genetically to biodegrade plastics. In tests, he identified two microorganisms that can be genetically modified to degrade plastic at a cost he believes would be ten times less than traditional recycling.
 “Congratulations to the Regeneron International Science and Engineering Fair 2024 winners,” said Maya Ajmera, President and CEO, Society for Science and Executive Publisher, Science News. “I’m truly inspired by the ingenuity and determination shown by these remarkable students. Coming from around the world with diverse backgrounds and academic disciplines, these students have shown that it is possible to come together in unity to tackle some of the toughest challenges facing our world today, and I could not be prouder.”
Regeneron ISEF provides a global stage for the world’s best and brightest young scientists and engineers. Through this competition, Regeneron and the Society are fostering the next generation of STEM leaders who are pioneering solutions to improve our world. Since 2020, Regeneron has provided STEM experiences to approximately 2.4 million students, on track to meet its goal of 2.5 million by 2025.
“The talent, intelligence and potential of this year’s Regeneron ISEF finalists is truly inspiring, and I congratulate each on their remarkable achievements,” said George D. Yancopoulos, M.D., Ph.D., co-Founder, Board co-Chair, President and Chief Scientific Officer of Regeneron. “Science competitions like ISEF were pivotal in shaping my own career and fueling my passion to fight back against disease. I look forward to seeing these students continue to push the boundaries of science and technology to create positive and sustainable change for all humanity.”
Other top honors from the competition include:
Justin Huang and Victoria Ou, both 17, of Woodlands, Texas, received the Gordon E. Moore Award for Positive Outcomes for Future Generations of $50,000 for their new prototype filtration system that uses ultrasonic waves to remove microscopic plastic particles from water. In lab tests, the acoustic force from the high-frequency sound waves removed between 84% and 94% of the suspended microplastic particles in a single pass. The students are now working to scale up and fine-tune their experimental system.
Ingrid Wai Hin Chan, 17, of Hong Kong, China received the Craig R. Barrett Award for Innovation of $10,000 for her research on using a multi-sensory therapy for dementia patients. Her mixed therapy app would allow patients to practice physical and cognitive skills through a personalized, immersive environment using virtual reality headsets. Ingrid conducted an eight-week study with six people living with dementia and found that the cognitive function of patients who used her prototype improved in several areas. She believes her app could serve as a viable option for dementia patients with limited access to in-person professional therapy.
Tanishka Balaji Aglave, 15, of Valrico, Florida, received the H. Robert Horvitz Prize for Fundamental Research of $10,000 for her investigation into a natural alternative treatment against citrus greening, a disease that threatens citrus farming in many parts of the world and is currently only treated with antibiotics. Tanishka injected the trunks of infected trees with an extract from the curry leaf tree, and found through tests that this potential method could effectively and sustainably manage citrus greening disease.
Maddux Alexander Springer, 18, of Honolulu, Hawaii, received the Peggy Scripps Award for Science Communication of $10,000 for his research into fibropapillomatosis (FP), a disease that is the primary cause of death in green sea turtles. Some turtles he studied in Kaneohe Bay, Hawaii, were stricken with a disease that causes internal and external tumors that inhibit their everyday lives. After analyzing the turtles’ diet of green algae, Maddux concluded that this disease, wastewater, invasive algae and the amino acid arginine all pose a grave risk to these endangered sea creatures.
Ria Kamat, 17, of Hackensack, New Jersey; Anna Oliva, 17, of Houston, TX; and Shuhan Luo, 18, of Worcester, MA, received the Dudley R. Herschbach SIYSS Award, which provides finalists an all-expense paid trip to attend the Stockholm International Youth Science Seminar during Nobel Week in Stockholm, Sweden.
Jack Shannon, 18, of Clane, Kildare, Ireland, and Nikhil Vemuri, 17, of Cary, North Carolina, received the EU Contest for Young Scientists Award. Their projects will represent Regeneron ISEF at the EU Contest for Young Scientists to be held this September in Katowice, Poland.
For more information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
The full list of Special Award ISEF 2024 Finalists can be found at https://www.societyforscience.org/press-release/regeneron-isef-2024-special-awards-winners.
In addition to the Top Award winners, more than 450 finalists received awards and prizes for their innovative research, including “First Award” winners, who each received a $5,000 prize.
The following lists the First Award winners for each of the 22 categories, from which the Top Awards were chosen:
Animal Sciences, sponsored by Society for ScienceMaddux Alexander Springer, Honolulu, Hawaii
Behavioral and Social Sciences, sponsored by Society for ScienceAndrew Y. Liang, San Jose, California
Biochemistry, sponsored by RegeneronAmy Hong Xiao, Garden City, New York
Biomedical and Health Sciences, sponsored by RegeneronRia Kamat, Hackensack, New Jersey; Kevin Xuan Lei, Shanghai, China
Biomedical Engineering, sponsored by Alfred E. Mann CharitiesAyush Garg, Dublin, California; Divij Motwani, Palo Alto, California; Akash Ashish Pai, Portland, Oregon
Cellular and Molecular Biology, sponsored by RegeneronLara and Maya Sarah Hammoud, Beverly Hills, Michigan
Chemistry, sponsored by Society for ScienceAkilan Sankaran, Albuquerque, New Mexico; Arjun Suresh Malpani and Siddharth Daniel D’costa, Portland, Oregon
Computational Biology and Bioinformatics, sponsored by RegeneronKun-Hyung Roh, Bronx, New York
Earth and Environmental Sciences, sponsored by Google.orgNikhil Vemuri, Durham, North Carolina; Justin Yizhou Huang and Victoria Ou, The Woodlands, Texas
Embedded Systems, sponsored by HPChloe Rae and Sophie Rose Filion, Welland, Ontario, Canada
Energy: Sustainable Materials and Design, sponsored by Siemens EnergyAlia Wahban, Hamilton, Ontario, Canada
Engineering Technology: Statics and Dynamics, sponsored by Howmet Aerospace FoundationChiyo Nakatsuji, Bunkyoku, Tokyo, Japan; Kevin Shen, Olympia, Washington
Environmental Engineering, sponsored by JacobsKrish Pai, San Diego, California; Jack Shannon, Clane, Kildare, Ireland
Materials Science, sponsored by Howmet Aerospace FoundationGrace Sun, Lexington, Kentucky
Mathematics, sponsored by Akamai FoundationAnna Oliva, Houston, Texas
Microbiology, sponsored by Schattner FoundationMatthew Chang, Irvine, California
Physics and Astronomy, sponsored by Richard F. Caris Charitable Trust IIHarini Thiagarajan and Vishal Ranganath Yalla, Bothell, Washington; Shuhan Luo, Worcester, Massachusetts
Plant Sciences, sponsored by Society for SciencePauline Estrada, Fresno, California; Tanishka Balaji Aglave, Dover, Florida
Robotics and Intelligent Machines, sponsored by RegeneronMichal Lajciak, Dubnica nad Vahom, Trenciansky kraj, Slovakia; Anthony Efthimiadis, Oakville, Ontario, Canada
Systems Software, sponsored by MicrosoftMichelle Wei, San Jose, California
Technology Enhances the Arts, sponsored by Society for ScienceAnant Khandelwal, Sritan Motati and Siddhant Sood, Alexandria, Virginia
Translational Medical Science, sponsored by RegeneronZheng-Chi Lee, West Lafayette, Indiana; Ingrid Wai Hin Chan, Hong Kong, China
The full list of all award-winning ISEF 2024 finalists is available here: https://www.societyforscience.org/press-release/regeneron-isef-2024-full-awards.
View all the finalists’ research here: https://projectboard.world/isef.
About the Regeneron International Science and Engineering FairThe Regeneron International Science and Engineering Fair (Regeneron ISEF), a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately U.S. $9 million in awards and scholarships.
In 2019, Regeneron became the title sponsor of ISEF to help reward and celebrate the best and brightest young minds globally and encourage them to pursue careers in STEM to positively impact the world. Regeneron ISEF is supported by a community of additional sponsors, including Akamai Foundation, Alfred E. Mann Charities, Aramco, Caltech, Google.org, Gordon and Betty Moore Foundation, Howmet Aerospace Foundation, HP, , Jacobs, King Abdulaziz & his Companions Foundation for Giftedness and Creativity, Microsoft, National Geographic Society, Richard F. Caris Charitable Trust II, Rise, an initiative of Schmidt Futures and the Rhodes Trust, Schattner Foundation, Siemens Energy, Annenburg Foundation, Ballmer Group, Broadcom Foundation, Cesco Linguistic Services, Conrad N. Hilton Foundation, Edison International, Insaco, Oracle Academy, The Eli and Edythe Broad Foundation, The Ralph M. Parsons Foundation and US Army ROTC. Many are entrepreneurs across a wide range of industries. Learn more at https://www.societyforscience.org/isef/.
About Society for ScienceSociety for Science is a champion for science, dedicated to promoting the understanding and appreciation of science and the vital role it plays in human advancement. Established in 1921, Society for Science is best known for its award-winning journalism through Science News and Science News Explores, its world-class science research competitions for students, including the Regeneron Science Talent Search, the Regeneron International Science and Engineering Fair and the Thermo Fisher Scientific Junior Innovators Challenge, and its outreach and equity programming that seeks to ensure that all students have an opportunity to pursue a career in STEM. A 501(c)(3) membership organization, Society for Science is committed to inform, educate and inspire. Learn more at www.societyforscience.org and follow us on Facebook, Twitter, Instagram and Snapchat (Society4Science).
About RegeneronRegeneron (NASDAQ: REGN) is a leading biotechnology company that invents, develops and commercializes life-transforming medicines for people with serious diseases. Founded and led by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to numerous approved treatments and product candidates in development, most of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases and rare diseases. 
Regeneron believes that operating as a good corporate citizen is crucial to delivering on our mission. We approach corporate responsibility with three goals in mind: to improve the lives of people with serious diseases, to foster a culture of integrity and excellence and to build sustainable communities. Regeneron is proud to be included on the Dow Jones Sustainability World Index and the Civic 50 list of the most “community-minded” companies in the U.S. Throughout the year, Regeneron empowers and supports employees to give back through our volunteering, pro bono and matching gift programs. Our most significant philanthropic commitments are in the area of early science education, including the Regeneron Science Talent Search and the Regeneron International Science and Engineering Fair (ISEF).
For more information, please visit www.Regeneron.com or follow Regeneron on LinkedIn, Instagram, Facebook or X.
More information about the top winners and access to visual assets visit:  https://www.societyforscience.org/isef-2024-media-kit.
Media ContactsJoseph Brown, [email protected]
Gayle Kansagor, Society for [email protected]
Photo – https://mma.prnewswire.com/media/2416174/Regeneron_ISEF_2024_Winners_Photo.jpg 
Logo – https://mma.prnewswire.com/media/2416197/Society_for_Science_Logo.jpg 

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Artificial Intelligence

J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Announce Winner of Inaugural 2024 Life Sciences Innovation Summit

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In conjunction with Abu Dhabi Global Healthcare Week 2024
ABU DHABI, UAE, May 17, 2024 /PRNewswire/ — J.P. Morgan Life Sciences Private Capital, Blue Horizon Advisors and United Al Saqer Group announced today Rayees Rahman of Harmonic Discovery as the winner of the inaugural J.P. Morgan Asset Management: Life Sciences Innovation Summit. Harmonic Discovery is a precision pharmacology company applying its generative chemistry platform to advance next-generation kinase inhibitors.

In partnership with the Department of Health – Abu Dhabi (DoH), the Summit took place on May 14-15, 2024 at Cleveland Clinic Abu Dhabi and showcased the 11 innovative finalists, as well as highlighted existing innovators and opportunities in the Emirate of Abu Dhabi. The event also featured keynote speeches from Dr. Laurie Glimcher of Dana-Farber Cancer Institute, Dr. Shahrukh Hashmi of the Department of Health – Abu Dhabi, and Dr. David Ho of Columbia University Medical Center and provided attendees networking opportunities to gain valuable insights into the future of life sciences innovation. 
In addition, the jury designated Chun-Hao Huang of Algen Biotechnologies as honourable mention. Algen Biotechnologies is a platform therapeutics and drug discovery company using world-leading CRISPR and AI to find treatments for cancer, inflammation and metabolic diseases.
The winners were selected by an esteemed, international panel of judges, which included:Laurie Glimcher, MD, President and CEO at Dana-Farber Cancer InstituteJorge Guzman, MD, CEO at Cleveland Clinic Abu DhabiProf. Shahrukh Khurshid Hashmi, MD, Director of Research, Department of Health, Abu DhabiYasmine Hayek Kobeissi, PhD, CQF, BSc., Executive Director at Blue Horizon AdvisorsAnya Schiess, Managing Partner at J.P. Morgan Life Sciences Private CapitalWalid Zaher, PhD, Co-Founder and CEO, Carexso
Dr. Asma Al Mannaei, Executive Director of the Research and Innovation Centre at the Department of Health – Abu Dhabi said: “Under the directives of the UAE’s wise leadership, and renowned for its world-leading medical infrastructure, Abu Dhabi stands at the forefront of healthcare excellence, offering an unparalleled opportunity for advancement in healthcare for global partners. It was our utmost pleasure hosting the J.P. Morgan Asset Management Life Sciences Innovation Summit 2024 on the sidelines of Abu Dhabi Global Healthcare Week and we commend the winners for their pioneering efforts in driving impactful advancements in healthcare; their dedication to innovation not only transforms the landscape of medicine, but also holds the promise of improving lives worldwide.” 
Stephen Squinto, PhD, Chief Investment Officer, J.P. Morgan Life Sciences Private Capital said: “We are thrilled with the level of biotech passion and innovation that we observed at this year’s Summit in Abu Dhabi. The energy was truly palpable we are thrilled to announce Rayees Rahman as the winner of our first Life Sciences Innovation Summit. Harmonic Discovery’s approach embodies the next generation of drug discovery and development. We appreciate the time and effort of all participants and cannot wait for our next event in the region.”
Nabil Kobeissi, Chief Executive Officer of Blue Horizon Advisors, said: “As the main sponsor, we are committed to nurturing and fostering the growth of all 11 finalists in this vibrant biotech ecosystem. This Summit marks the beginning of a transformative journey, and we are confident that it will pave the way for a flourishing hub in the region. We are also pleased to announce that we will commit to invest in and partner with the winner, Harmonic Discovery, to support its future growth in the region.”
Sponsors for the event included J.P. Morgan Life Sciences Private Capital, J.P. Morgan Commercial Bank, Blue Horizon Advisors, United Al Saqer Group, Thermo Fisher Scientific, and Salam Capital. The Summit organisation, logistics and finalist recruitment were facilitated by Lyfebulb.
Of importance, at the Summit, Mr. Mohamed Al Breiki, Executive Director of Sustainable Development at Masdar City, announced that Masdar City Free Zone would award all 11 Finalists complimentary business licenses to further support their establishment in the region. Masdar City is one of the world’s most sustainable urban developments and innovation hubs with a growing focus on life science entrepreneurship in Abu Dhabi.

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Congregating in the Lion City for a Win-Win Future of Intelligent Computing at the Global Data Center Facility Summit 2024

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SINGAPORE, May 17, 2024 /PRNewswire/ — On May 17, 2024, the Global Data Center Facility Summit 2024 was held in Singapore with the theme of “Power the Digital Era Forward.” At the summit, over 600 data center industry leaders, technical experts, and ecosystem partners gathered to discuss new trends and opportunities of the global data center industry in the intelligent computing era. The attendees also got to experience all-scenario, all-ecosystem, and all-service end-to-end (E2E) solutions, share innovative practices of green data centers in the Asia Pacific and Europe, and experience the exhibition vehicle to unveil the mystery of Outdoor PowerPOD that features one power system per container. By fully embracing the intelligent computing era, Huawei strives to power the digital era forward.

Seizing Opportunities Brought by AI and Jointly Building Green & Reliable Computing Infrastructure
At the opening speech, Charles Yang, Senior Vice President of Huawei and President of Marketing, Sales and Services, Huawei Digital Power, noted that since ChatGPT ushered in the AI era, large models keep pushing the limits of computing power and the intelligent computing industry is witnessing an unprecedented construction boom. As predicted, 100 GW will be added to the global data center installed capacity and the market value will exceed US$600 billion in the next five years.
According to Charles, with opportunities come challenges. The primary challenge concerning the data center industry is reliability and electricity. Data centers are scaling up from the MW-level to the GW-level. E2E reliability of data centers is becoming even more important than ever. In response to the opportunities, Huawei will work with customers and partners to expand the industry space.
Steering Data Centers to the AI Era with Product + Service + Ecosystem
During the summit, Sun Xiaofeng, President of Huawei Data Center Facility & Critical Power Business, delivered a speech titled “Power the Digital Era Forward. ” He stated that as AI large models are penetrating, the surging compute demands drive the expansive growth in data center.
To address the challenges, Huawei strives to build product + service + ecosystem E2E data center solutions that feature fast deployment, flexible cooling, green energy, and ultimate reliability.
Fast deployment: Data centers are fully modularized and prefabricated to ensure high quality and efficient construction.Flexible cooling: Air-liquid fusion and integrated cooling source emerges as the optimal cooling architecture for intelligent computing.Green energy: New generation-grid-load-storage integrated solution is built to ensure the sound operations of intelligent computing centers.Ultimate reliability: Data centers are safeguarded through reliable products and preventive protection.Currently, Huawei’s global service network covers more than 170 countries with over 1800 professional engineers, providing 24/7 technical support. With N+ flagship service centers, Huawei has built a one-hour service radius for its customers.
The ecosystem is a key part for a win-win future of intelligent computing. Huawei works with partners to develop comprehensive E2E solutions and provide customers with one-stop data center services.
During the summit, Huawei and the ASEAN Centre for Energy released a white paper on “Building Next Generation Data Center Facility in ASEAN.” The document provides insights into the status quo, challenges, and trends of data centers in the ASEAN region, and emphasizes that efficient and energy-saving products and solutions should be applied. It also proposes future-oriented policy recommendations for data center markets.
In the ecosystem exhibition area, Huawei showcased scenario-based solutions for large-, medium-, and small-sized data centers, and demonstrated data center consulting, design, integrated development, and delivery capabilities with dozens of ecosystem partners including CIMC, Weichai, CSCEC, and Huashi.
On a special note, the Huawei Outdoor PowerPOD exhibition vehicle made its global debut. The Huawei Outdoor PowerPOD features one power system per container, outdoor deployment, plug-and-play, and high protection rating and reliability. It has become the preferred choice for decoupling the power supply architecture.
A single tree cannot make a forest.
AI is presenting great opportunities. By delving into the industry, aggregating partner ecosystems, and making innovations applicable to transformations, Huawei will continue to help customers build reliable computing infrastructure, accelerating the industry to embrace AI and powering the digital era forward.
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