Connect with us
European Gaming Congress 2024

Artificial Intelligence

Global Grinding Machines Market to Reach $8.9 Billion by 2030

Published

on

<!– Name:DistributionId Value:8784986 –> <!– Name:EnableQuoteCarouselOnPnr Value:False –> <!– Name:IcbCode Value:5557 –> <!– Name:CustomerId Value:1199811 –> <!– Name:HasMediaSnippet Value:false –> <!– Name:AnalyticsTrackingId Value:0d1772ee-6053-4cb4-ad9c-a9dce455d1ff –>

New York, March 09, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Grinding Machines Industry” – https://www.reportlinker.com/p04484197/?utm_source=GNW
Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China’s already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

Global Grinding Machines Market to Reach $8.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Grinding Machines estimated at US$5.2 Billion in the year 2022, is projected to reach a revised size of US$8.9 Billion by 2030, growing at aCAGR of 6.9% over the period 2022-2030. Surface Grinding Machines, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cylindrical Grinding Machines segment is readjusted to a revised 7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 10.9% CAGR

Advertisement
Stake.com

The Grinding Machines market in the U.S. is estimated at US$1.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2030 trailing a CAGR of 10.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Select Competitors (Total 143 Featured)
– 3M Company
– Amada Co, Ltd.
– ANCA Pty. Ltd.
– Chevalier Machinery, Inc.
– Danobat Group
– ELB-SCHLIFF Werkzeugmaschinen GmbH
– EMAG GmbH & Co. KG
– Falcon Machine Tools Co., Ltd.
– Fives Group
– Glebar Co.,
– Hardinge, Inc.
– Heinz Berger Maschinenfabrik GmbH & Co. KG
– JTEKT Corporation
– Kent Industrial Co., Ltd.
– Komatsu Ltd.
– Koyo Machinery USA, Inc.
– Kunshan Huachen Heavy Machinery Co., Ltd.
– Mitsubishi Heavy Industries Machine Tool Co., Ltd.
– Okamoto Corporation
– Pietro Carnaghi Spa
– Shanghai Machine Tool Works Ltd.
– Shigiya (USA) Ltd.
– Sumitomo Heavy Industries Ltd.
– Toshiba Machine Co., Ltd.
– United Grinding Group Management AG

Read the full report: https://www.reportlinker.com/p04484197/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

Advertisement
Stake.com

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Grinding Machines: Delivering Ever Increasing Levels of
Dimensional Accuracy, Unimaginable Tolerance Levels, and High
Precision
The Indispensable Role of Grinding Machines in Industrial
Applications: Foundation for Market Growth
Materials, Process Kinematics, and Wheel Speeds
Adaptive Control Bring Great Improvements in Removal Rates
Critical Role of Grinding Fuels
Growing Preference for Super-Abrasives Wheels, CBN and Diamond
Increasing Integration of Artificial Intelligence (AI) in
Grinding Systems
Market Fortunes Intrinsically Linked to the Machine Tools Industry
Key Growth Drivers Summarized
Technology Refinements Boost Demand for Numerical Control (NC)
Machine Tools
Advent of 3D-Printing Machines Marks the Emergence of Next
Generation Machine Tools
Steady Growth Anticipated for Multitasking Machine Tools
Smart Machines Surge in Popularity
Robotic-Assisted Technology and Automation Spurs Growth
Global Market Outlook
Continued Recovery in Global GDP & Manufacturing PMI Supports
Growth Momentum
Despite Slowdown in Economic Growth, China Continues to
Dominate Global Sales of Grinding Machines
Grinding Machines – Global Key Competitors Percentage Market
Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
3M Company (USA)
Amada Co, Ltd. (Japan)
Amada Machine Tools America, Inc. (USA)
ANCA Pty. Ltd. (Australia)
C & B Machinery (USA)
Danobat Group (Spain)
Delapena Honing Equipment Ltd. (UK)
ELB-SCHLIFF Werkzeugmaschinen GmbH (Germany)
Aba Grinding Technologies GmbH, Aschaffenburg (Germany)
EMAG GmbH & Co. KG (Germany)
Falcon Machine Tools Co., Ltd. (Taiwan)
Chevalier Machinery, Inc. (USA)
Fives Group (France)
Gleason Corporation (USA)
Glebar Co. (USA)
Hardinge, Inc. (USA)
L. KELLENBERGER & Co. AG (Switzerland)
Jones & Shipman Hardinge Limited (UK)
Heinz Berger Maschinenfabrik GmbH & Co. KG (Germany)
HTC Sweden AB (Sweden)
IMT SpA-Stabilimento MORARA – DE.CI.MA (Italy)
JTEKT Corporation (Japan)
JTEKT Toyoda Americas Corporation (USA)
Junker Group (Germany)
Erwin Junker Maschinenfabrik GmbH (Germany)
Kent Industrial Co., Ltd. (Taiwan)
Komatsu Ltd. (Japan)
Koyo Machinery USA, Inc. (USA)
Kunshan Huachen Heavy Machinery Co., Ltd. (China)
Matrix Machine Tool (Coventry) Limited (UK)
Mitsubishi Heavy Industries Machine Tool Co., Ltd. (Japan)
Okamoto Corporation (Japan)
Okuma Corporation (Japan)
Pietro Carnaghi Spa (Italy)
Qinchuan Machine Tool & Tool (Group) Corp. (China)
Shanghai Machine Tool Works Ltd. (China)
Shigiya (USA) Ltd.
Sumitomo Heavy Industries Ltd. (Japan)
Taiyo Koki Co., Ltd. (Japan)
Toshiba Machine Co., Ltd. (Japan)
UNITED GRINDING Group Management AG (Switzerland)
UNITED GRINDING North America, Inc. (USA)
UVA LIDKÖPING AB (Sweden)

3. MARKET TRENDS & DRIVERS
Launch of Revolutionary Grinding Platforms and Solutions for
Industry 4.0/Smart Factory Drive Healthy Growth in Demand
Digital Smart Grinding Solutions from United Grinding Group
Revolutionary Air-Operated Grinder Integrated with the Novel
DIQ Platform Technology
ANCA?s Robotic Loader and Other Innovations
Robustness, Flexibility, and Numerous Other Benefits Drive
Implementation of CNC Grinding Machines in the Metal Casting
Industry
Advantages and Disadvantages of CNC Technology
Challenges to Implementing CNC Technology
Future of Automation in CNC Grinding
Multi-Robot Production Cell Technology Opens Up Several
Opportunities
Robotics to Emerge as an Intrinsic Part of CNC Grinding Machines
Superior Attributes over Milling and Turning Boosts Demand in
Aerospace Engine and Components Manufacturing
Machining Platforms Evolve to Address Specific Needs of the
Aerospace Industry
Custom Grinding and Dressing Solutions for Aerospace Parts
Use of New and Different Materials in Aerospace Building
Provide Opportunities
Rise in Aircraft Fleet Drive Long-term Opportunities
Healthy Growth of the Commercial Aviation Sector Signals
Opportunities
Surging Popularity of Laser Machines in Handling Tough Tool
Grinding Promote Market Adoption
Medical Orthopedic Implants Opens Up New Avenues for Future Growth
CNC Tool Grinders Find Growing Use in Orthopedic Implants Grinding
Increasing Use in Electrical Appliances and Electronics
Manufacturing Drive Demand for Die Grinders
Efficiency and Productivity Benefits Drive Demand in the Cement
Manufacturing Industry
Increasing Proliferation of Advanced Technologies in Gear
Grinding Lends Traction to Market Growth
Solutions to Reduce Noise
Accelerating Grinding Time
Enhanced Polish Grinding
Several Critical Applications in Semiconductor Manufacturing
Spurs Demand for Grinding Machines
Growing Demand for New Generation Automobiles Extends
Opportunities for Grinding Machines
Shortage of Skilled Labor is Driving Automation in Grinding
Machinery
Automated Grinding and Finishing Technology
Innovative System for Automated Floor Grinding
Robotic Automation and Grinding Machines: Complimentary to Each
Other or Substitutes?
Robotic Technology for Efficient High Payload Operations
Growing Share of Renewables Drive Demand for Grinding Machines
in Wind Turbines Production
Recovery in Construction Activity Worldwide Benefits Market
Prospects
Asia-Pacific Continues to Dominate the Global Market, Also
Offers Significant Growth Opportunities
Outsourcing of Manufacturing Activity Boosts Demand for
Grinding Machines in Developing Countries
Other Steadily Growing End-Use Markets for Grinding Machines
Job Shops Industry
Heavy Machinery Industry
WEINIG Rondamat Range of Universal Grinding Machines
GrindSmart Grinding Machines for Small and Large Tools
OD-1524X-CNC OD-Cylindrical Grinder
Innovative, Dual Spindle Grinding System for Complex OD and ID
Grinding
VGring-360 that Allows Solid Carbide Tools? Multi-Level Machining
Supertec?s Novel Machine Tools and Grinders Range
Five-Axis Grinding Machinery with Increased Axis Movement
Helitronic-Power 400 & Helitronic-Power Diamond 400 Systems
Spiro F12 and Spiro F5
MEISTER-G3 and GLS-150GL Grinders
NXT Tool Grinding System
The Zema Line: Novel Corundum Grinding Systems Range
3-in-1 Diamond-Grinding Wheels
VG-110 for Large Scale Internal Out-of-Round Machining Needs
Innovative Fixture for Shoe-Grinding in Cylindrical Grinding
Machines
Expanded Range of Vertical Clamp Bore Micro-finishing Grinders
Novel Swing Arm Double Disc Grinder
Innovative Machines by Thielenhaus Microfinish
Norton Pneumatic Die Grinder
Reinvention of Weldon Midas Series
WireDress ® Technology for Metal-Bonded Grinding
Electro-Discharge (EDM) and Electrochemical (ECM) Dressing
Integrated Dressing with STUDER-WireDress®
No Wear of the Dressing Device
Integrated Control Unit in the Control System of the Grinding
Machine
MicroStar iQ: A Flat-Finishing Machine that can Self-Regulate
NUMgrind Software Simplifies Programming of CNC Precision
Grinding Machines
SG 160 SKYGRIND Technology Revolutionizes Gear Grinding Process
Precision Grinding for Sheet Metal Fine Machining
Robot-Guided Flexible Deburring
Lapmaster Wolters? Device for High Quality Profile and Surface
Grinding
Varia: New Improved Universal Cylindrical Grinder
Double Column Surface Grinding Machine
High Speed Compact Internal CNC Grinder
Tiger Ceramic: High Performance Range of Cutting, Grinding, and
Combination Wheels
High Level Cylindrical Grinding Technology
Optimizing User Profitability
ILD Series of Universal Internal Grinding Machines
IRD 200 and IRD 400: Radial and Internal Grinding Machines
Rotary Surface Grinder
High Performance Precision ID Grinder
Upgrading of LGG Range of Grinding Machines
M 18 FUEL ¼? Die Grinder
GPD Double-Drive CNC Cylindrical Grinders
4.5-inch Diamond Grinding Wheel with Long Life
Dual Station Universal Belt Grinder for Enhanced Grinding
JUMAT 6S Grinding Machine
Double Disc Grinding Process for DD-7 Grinders

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Grinding Machines by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 2: World Historic Review for Grinding Machines by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Advertisement
Stake.com

Table 3: World 16-Year Perspective for Grinding Machines by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets for Years 2014, 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for
Surface Grinding Machines by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

Table 5: World Historic Review for Surface Grinding Machines by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 6: World 16-Year Perspective for Surface Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

Table 7: World Recent Past, Current & Future Analysis for
Cylindrical Grinding Machines by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGR

Advertisement
Stake.com

Table 8: World Historic Review for Cylindrical Grinding
Machines by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGR

Table 9: World 16-Year Perspective for Cylindrical Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

Table 10: World Recent Past, Current & Future Analysis for
Center-less Grinding Machines by Geographic Region – USA,
Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2022 through 2030 and % CAGR

Table 11: World Historic Review for Center-less Grinding
Machines by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2014 through 2021 and % CAGR

Table 12: World 16-Year Perspective for Center-less Grinding
Machines by Geographic Region – Percentage Breakdown of Value
Sales for USA, Canada, Japan, China, Europe, Asia-Pacific,
Latin America, Middle East and Africa for Years 2014, 2023 &
2030

Advertisement
Stake.com

Table 13: World Recent Past, Current & Future Analysis for
Other Product Segments by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

Table 14: World Historic Review for Other Product Segments by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 15: World 16-Year Perspective for Other Product Segments
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 16: World Recent Past, Current & Future Analysis for
Automotive by Geographic Region – USA, Canada, Japan, China,
Europe, Asia-Pacific, Latin America, Middle East and Africa
Markets – Independent Analysis of Annual Sales in US$ Million
for Years 2022 through 2030 and % CAGR

Table 17: World Historic Review for Automotive by Geographic
Region – USA, Canada, Japan, China, Europe, Asia-Pacific, Latin
America, Middle East and Africa Markets – Independent Analysis
of Annual Sales in US$ Million for Years 2014 through 2021 and
% CAGR

Advertisement
Stake.com

Table 18: World 16-Year Perspective for Automotive by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 19: World Recent Past, Current & Future Analysis for
General Machinery by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 20: World Historic Review for General Machinery by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 21: World 16-Year Perspective for General Machinery by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 22: World Recent Past, Current & Future Analysis for
Precision Engineering by Geographic Region – USA, Canada,
Japan, China, Europe, Asia-Pacific, Latin America, Middle East
and Africa Markets – Independent Analysis of Annual Sales in
US$ Million for Years 2022 through 2030 and % CAGR

Advertisement
Stake.com

Table 23: World Historic Review for Precision Engineering by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 24: World 16-Year Perspective for Precision Engineering
by Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 25: World Recent Past, Current & Future Analysis for
Transport Machinery by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 26: World Historic Review for Transport Machinery by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 27: World 16-Year Perspective for Transport Machinery by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Advertisement
Stake.com

Table 28: World Recent Past, Current & Future Analysis for
Other Applications by Geographic Region – USA, Canada, Japan,
China, Europe, Asia-Pacific, Latin America, Middle East and
Africa Markets – Independent Analysis of Annual Sales in US$
Million for Years 2022 through 2030 and % CAGR

Table 29: World Historic Review for Other Applications by
Geographic Region – USA, Canada, Japan, China, Europe,
Asia-Pacific, Latin America, Middle East and Africa Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 30: World 16-Year Perspective for Other Applications by
Geographic Region – Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America,
Middle East and Africa for Years 2014, 2023 & 2030

Table 31: World Grinding Machines Market Analysis of Annual
Sales in US$ Million for Years 2014 through 2030

III. MARKET ANALYSIS

Advertisement
Stake.com

UNITED STATES
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in the United States for 2023 (E)
Table 32: USA Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 33: USA Historic Review for Grinding Machines by Product
Segment – Surface Grinding Machines, Cylindrical Grinding
Machines, Center-less Grinding Machines and Other Product
Segments Markets – Independent Analysis of Annual Sales in US$
Million for Years 2014 through 2021 and % CAGR

Table 34: USA 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 35: USA Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 36: USA Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Advertisement
Stake.com

Table 37: USA 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

CANADA
Table 38: Canada Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 39: Canada Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 40: Canada 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 41: Canada Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Advertisement
Stake.com

Table 42: Canada Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 43: Canada 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

JAPAN
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Japan for 2023 (E)
Table 44: Japan Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 45: Japan Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 46: Japan 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Advertisement
Stake.com

Table 47: Japan Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 48: Japan Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 49: Japan 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

CHINA
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in China for 2023 (E)
Table 50: China Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 51: China Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Advertisement
Stake.com

Table 52: China 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 53: China Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 54: China Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 55: China 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

EUROPE
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Europe for 2023 (E)
Table 56: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Geographic Region – France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR

Advertisement
Stake.com

Table 57: Europe Historic Review for Grinding Machines by
Geographic Region – France, Germany, Italy, UK, Spain, Russia
and Rest of Europe Markets – Independent Analysis of Annual
Sales in US$ Million for Years 2014 through 2021 and % CAGR

Table 58: Europe 16-Year Perspective for Grinding Machines by
Geographic Region – Percentage Breakdown of Value Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of Europe
Markets for Years 2014, 2023 & 2030

Table 59: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 60: Europe Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 61: Europe 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Advertisement
Stake.com

Table 62: Europe Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 63: Europe Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 64: Europe 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

FRANCE
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in France for 2023 (E)
Table 65: France Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 66: France Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Advertisement
Stake.com

Table 67: France 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 68: France Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 69: France Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 70: France 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

GERMANY
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in Germany for 2023 (E)
Table 71: Germany Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Advertisement
Stake.com

Table 72: Germany Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 73: Germany 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 74: Germany Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 75: Germany Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Table 76: Germany 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

Advertisement
Stake.com

ITALY
Table 77: Italy Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 78: Italy Historic Review for Grinding Machines by
Product Segment – Surface Grinding Machines, Cylindrical
Grinding Machines, Center-less Grinding Machines and Other
Product Segments Markets – Independent Analysis of Annual Sales
in US$ Million for Years 2014 through 2021 and % CAGR

Table 79: Italy 16-Year Perspective for Grinding Machines by
Product Segment – Percentage Breakdown of Value Sales for
Surface Grinding Machines, Cylindrical Grinding Machines,
Center-less Grinding Machines and Other Product Segments for
the Years 2014, 2023 & 2030

Table 80: Italy Recent Past, Current & Future Analysis for
Grinding Machines by Application – Automotive, General
Machinery, Precision Engineering, Transport Machinery and Other
Applications – Independent Analysis of Annual Sales in US$
Million for the Years 2022 through 2030 and % CAGR

Table 81: Italy Historic Review for Grinding Machines by
Application – Automotive, General Machinery, Precision
Engineering, Transport Machinery and Other Applications Markets –
Independent Analysis of Annual Sales in US$ Million for Years
2014 through 2021 and % CAGR

Advertisement
Stake.com

Table 82: Italy 16-Year Perspective for Grinding Machines by
Application – Percentage Breakdown of Value Sales for
Automotive, General Machinery, Precision Engineering, Transport
Machinery and Other Applications for the Years 2014, 2023 &
2030

UNITED KINGDOM
Grinding Machines Market Presence – Strong/Active/Niche/Trivial –
Key Competitors in the United Kingdom for 2023 (E)
Table 83: UK Recent Past, Current & Future Analysis for
Grinding Machines by Product Segment – Surface Grinding
Machines, Cylindrical Grinding Machines, Center-less Grinding
Machines and Other Product Segments – Independent Analysis of
Annual Sales in US$ Million for the Years 2022 through 2030 and
% CAGR

Table 84: UK Historic Review for Grinding Machines by Product
Segment – Surface Grinding Machines, Cylindrical Grinding
Machines, Center-less Grinding Machines and Other Product
Segments Markets – Independent Analysis of Annual Sales in US$

Please contact our Customer Support Center to get the complete Table of Contents
Read the full report: https://www.reportlinker.com/p04484197/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

Advertisement
Stake.com

__________________________


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Data Center Chip Market Size was Valued at USD 11.7 Billion in 2022 and is Expected to Reach USD 45.3 Billion by 2032 at a CAGR of 14.6% | Valuates Reports

Published

on

data-center-chip-market-size-was-valued-at-usd-117-billion-in-2022-and-is-expected-to-reach-usd-453-billion-by-2032-at-a-cagr-of-14.6%-|-valuates-reports

BANGALORE, India, July 26, 2024 /PRNewswire/ — Data Center Chip Market By Chip Type (GPU, ASIC, FPGA, CPU, Others), By Data Center Size (Small and Medium Size, Large Size), By Industry Verticals (BFSI, Manufacturing, Government, IT and Telecom, Retail, Transportation, Energy and Utilities, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032.

The Data Center Chip Market was valued at USD 11.7 Billion in 2022, and is estimated to reach USD 45.3 Billion by 2032, growing at a CAGR of 14.6% from 2023 to 2032.
Get Free Sample @ https://reports.valuates.com/request/sample/ALLI-Auto-2B326/Data_Center_Chip_Market
Major Factors Driving the Growth of Data Center Chip Market
Because of the growing need for data processing and storage solutions brought about by the quick development of cloud computing, artificial intelligence, and big data analytics, the data center chip market is expanding significantly. High-performance chips are necessary for data centers to process massive volumes of data quickly and efficiently. As a result, advances in chip technology, including CPUs, GPUs, and specialist AI processors, have been made. The need for more resilient and scalable data center infrastructure is fueled in part by the expansion of digital services and Internet of Things (IoT) devices. The market is expanding due to key areas including Asia-Pacific, with its investments in technology and fast digital transformation, and North America, with its top tech businesses and vast data center networks.
View Full Report @ https://reports.valuates.com/market-reports/ALLI-Auto-2B326/data-center-chip
TRENDS INFLUENCING THE GROWTH OF THE DATA CENTER CHIP MARKET:
In data centers, Graphics Processing Units (GPUs) are essential for speeding up computing operations and data processing. They are perfect for managing workloads related to artificial intelligence (AI), machine learning, and large-scale data analytics because of their parallel processing capabilities. The need for GPUs in data centers is growing as these technologies become increasingly essential to corporate operations. Businesses are purchasing GPUs in order to increase the effectiveness of their data processing, lower latency, and boost overall performance. The need for data center chips is being driven by the increasing reliance on GPUs for sophisticated computing activities, which is considerably contributing to the market’s rise. This need is further increased by the growing use of AI and machine learning in a variety of sectors, which puts GPUs at the forefront of the data center semiconductor industry.
Compared to general-purpose chips, Application Specific Integrated Circuits (ASICs) provide better performance and efficiency since they are designed specifically for a given application. ASICs are extensively utilized in data centers for specific tasks including networking, data compression, and encryption. ASICs are becoming more and more common as a result of the growth of cloud computing, big data analytics, and blockchain technology, which has increased demand for high-performance, energy-efficient processors. Their capacity to provide tailored performance for certain applications aids data centers in better workload management, power conservation, and operating expense reduction. The market is expanding as a result of the increased preference for ASICs in data centers, which is fueling the need for specialized data center chips.
Large data centers are important users of data center chips; they are run by well-known IT firms and cloud service providers. To manage enormous volumes of data and provide a wide range of services, these facilities need a great deal of processing power and sophisticated computing skills. High-performance data center chips are becoming more and more necessary as a result of the growth of massive data centers and the rising demand for online streaming, cloud services, and digital transactions. These chips are necessary to ensure effective data management, processing, and storage, which helps big data centers fulfill the increasing expectations of its clientele. Large data center proliferation is anticipated to considerably boost the data center chip industry as the digital economy continues to grow.
Data centers are becoming more and more important to the Banking, Financial Services, and Insurance (BFSI) industry as a means of safely and effectively managing high transaction volumes, consumer data, and financial records. The need for sophisticated data center processors is being driven by the sector’s requirement for real-time data processing, high-performance computing, and strong security measures. BFSI organizations may improve their operational efficiency, guarantee data integrity, and deliver superior client services by utilizing data centers fitted with robust chips. The BFSI sector’s need for data center chips is being driven by the increasing use of online banking, digital banking, and financial analytics tools, all of which increase the requirement for sophisticated data center infrastructure.
The market for data center chips is significantly influenced by the cloud computing industry’s explosive growth. There is a growing need for scalable, effective, and high-performance data center infrastructure as more companies move their operations to the cloud. In order to handle enormous volumes of data, facilitate virtualization, and guarantee flawless service delivery, cloud service providers need sophisticated data center chips. Sturdy data center chips are becoming more and more necessary as cloud-based solutions become more and more popular. Benefits like cost savings, flexibility, and scalability are driving this trend. In places like North America and Europe, where cloud adoption rates are high and data center chip demand is rising rapidly, this tendency is especially significant.
Buy Now @ https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-2B326&lic=single-user
DATA CENTER CHIP MARKET SHARE
In 2022, North America gained a sizable portion of the market.
In 2022, the GPU made up the largest portion of the market share.
Throughout the projection period, large data centers are expected to gain a significant portion.
The BFSI market is anticipated to be one of the most profitable markets.
Purchase Regional Report @ https://reports.valuates.com/request/regional/ALLI-Auto-2B326/Data_Center_Chip_Market
Key Companies:
Advanced Micro Devices IncTaiwan Semiconductor Manufacturing Company LimitedBroadcomHuawei Technologies Co LtdIntel CorporationNVidia CorporationSamsung Electronics Co LtdQualcomm Technologies IncGlobalFoundriesARM LIMITED (SOFTBANK GROUP CORP.)Purchase Chapters @ https://reports.valuates.com/request/chaptercost/ALLI-Auto-2B326/Data_Center_Chip_Market
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
–  The global modular data center market size was valued at USD 14,952 Million in 2019 and is projected to reach USD 59,971 Million by 2027, registering a CAGR of 18.7% from 2020 to 2027.
–  Data Centre Market was estimated to be worth USD 137500 Million in 2023 and is forecast to a readjusted size of USD 412740 Million by 2030 with a CAGR of 16.8% during the forecast period 2024-2030.
–  Data Center PCIe Chip market was valued at USD 194.9 Million in 2023 and is anticipated to reach USD 377.4 Million by 2030, witnessing a CAGR of 10.2% during the forecast period 2024-2030.
–  Data Center Accelerator Market
–  Data Center Networking Market
–  According to a new report published by , titled, “Big Data Analytics in Semiconductor & Electronics Market,” The big data analytics in semiconductor & electronics market was valued at D18.7 billion in 2021, and is estimated to reach D47.2 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.
–  IoT market was valued at USD 34250 Million in 2023 and is anticipated to reach USD 74630 Million by 2030, witnessing a CAGR of 11.6% during the forecast period 2024-2030.
–  Data Center AI Accelerator Chip Market
–  Electro-absorption Modulated Laser Chip Market
–  According to a new report published by , titled, “Data Processing Unit Market”, the data processing unit market was valued at D553.96 Million in 2021, and is estimated to reach D5.5 billion by 2031, growing at a CAGR of 26.9% from 2022 to 2031.
–  Optical Chip for Data Center Market
–  EML Chip Market
–  Optical Communication Chip Market revenue was USD 3102.7 Million in 2022 and is forecast to a readjusted size of USD 7251.5 Million by 2029 with a CAGR of 12.9% during the forecast period (2023-2029).
–  SiC Power Chip Market
–  Silicon Carbide Chip Market
–  High Speed Optical Communication Chip Market
–  56G eml Optical Chip Market
–  FPGA Master Control Chip Market
–  Single-port Industrial Grade Ethernet PHY Chip Market
–  AWG Chip Market
–  Discrete Graphics Chip Market
–  LNOI Optoelectronic Chip Market
–  Smartphone Chip Market
–  Smartphone TFT-LCD Display Driver Chip Market
–  Smart Phone Baseband Chip Market
DISCOVER OUR VISION: VISIT ABOUT US!
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
YOUR FEEDBACK MATTERS: REACH OUT TO US!Valuates [email protected] U.S. Toll-Free Call 1-(315)-215-3225WhatsApp: +91-9945648335Website: https://reports.valuates.comBlog: https://valuatestrends.blogspot.com/ Pinterest: https://in.pinterest.com/valuatesreports/ Twitter: https://twitter.com/valuatesreports Facebook: https://www.facebook.com/valuatesreports/ YouTube: https://www.youtube.com/@valuatesreports6753 https://www.facebook.com/valuateskorean https://www.facebook.com/valuatesspanish https://www.facebook.com/valuatesjapanese https://valuatesreportspanish.blogspot.com/ https://valuateskorean.blogspot.com/ https://valuatesgerman.blogspot.com/ https://valuatesreportjapanese.blogspot.com/ 
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/data-center-chip-market-size-was-valued-at-usd-11-7-billion-in-2022-and-is-expected-to-reach-usd-45-3-billion-by-2032-at-a-cagr-of-14-6–valuates-reports-302207745.html

Continue Reading

Artificial Intelligence

Industry 4.0 Market to Surpass USD 513.89 Billion by 2031 with Automation Surge | SkyQuest Technology

Published

on

industry-40-market-to-surpass-usd-513.89-billion-by-2031-with-automation-surge-|-skyquest-technology

WESTFORD, Mass., July 26, 2024 /PRNewswire/ — According to SkyQuest, the global Industry 4.0 Market size was valued at USD 133.05 billion in 2022 and is poised to grow from USD 154.6 billion in 2023 to USD 513.89 billion by 2031, growing at a CAGR of 16.2% during the forecast period (2024-2031).

Industry 4.0 or the fourth industrial revolution emphasizes the use of automation and interconnectivity. Employment of advanced technologies such as artificial intelligence, machine learning, robotics, and connected devices to improve the productivity and efficiency of industries. Rapid digitization and advancements in technology are forecasted to bolster the Industry 4.0 market growth over the coming years. The global Industry 4.0 market is segmented into technology, industry vertical, and region. 
Download a detailed overview: 
https://www.skyquestt.com/sample-request/industry-4-0-market
Industry 4.0 Market Overview:
Report Coverage
Details
Market Revenue in 2023
$ 154.6 billion
Estimated Value by 2031
$ 513.89 billion
Growth Rate
Poised to grow at a CAGR of 16.2%
Forecast Period
2024–2031
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Technology, Industry and Region
Geographies Covered
North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Report Highlights
Internet of Things (IoT) technology takes centerstage for Industry 4.0 adoption
Key Market Opportunities
Adoption of smart manufacturing and additive manufacturing practices
Key Market Drivers
Rising demand for automation across all industry verticals
Segments covered in Industry 4.0 Market are as follows:
TechnologyRobots (Traditional Industrial Robots {Articulated robots, Cartesian Robots, Selective Compliance Assembly Robot Arm (SCARA), Cylindrical Robots, Others}, Collaborative Robots), Blockchain in Manufacturing, Industrial Sensors (Level Sensors, Temperature Sensors, Flow Sensors, Position Sensors, Pressure Sensors, Force Sensors, Humidity & Moisture Sensors, Gas Sensors), Industrial 3D Printing, Machine Vision (Camera {Digital Camera, Smart Camera}, Frame Grabbers, Optics, and LED Lighting, Processor and Software), HMI (Offering {Hardware [Basic HMI, Advanced Panel-based HMI, Advanced PC-based HMI, Others], Software [On-premises HMI, Cloud-based HMI], Services}), Configuration ({Embedded HMI, Standalone HMI}, Technology {Motion HMI, Bionic HMI, Tactile HMI, Acoustic HMI}, End-user Industry {Process industries [Oil & Gas, Food & beverages, Pharmaceuticals, Chemicals, Energy & power, Metals & mining, Water & wastewater, Others], Discrete industry [Automotive, Aerospace & defense, Packaging, Medical devices, Semiconductor & electronics, Others]}), AI In Manufacturing (Offering {Hardware [Processor MPU, GPU, FPGA, ASIC, Memory, Network], Software [AI solutions- | On-premises, Cloud |, AI platform- | Machine learning framework, Application program interface |], Services [Deployment & integration, Support & maintenance]}, Technology {Machine learning [Deep learning, Supervised learning, Reinforcement learning, Reinforcement learning, Others], Natural language processing [Context-aware computing, Computer vision]}, Application {Predictive maintenance and machinery inspection, Material movement, Production planning, Field services, Quality control, Cybersecurity, Industrial robots, Reclamation}, Digital Twin {Technology [Internet of Things (IOT), Blockchain, Artificial intelligence & machine learning, Artificial intelligence & machine learning, Big data analytics, 5G], Usage Type [Product digital twin, Process digital twin, System digital twin], Application [Product design & development, Performance monitoring, Predictive maintenance, Inventory management, Business optimization, Others]}, Automated Guided Vehicles (AGV) {Type [Tow vehicles, Unit load carriers, Pallet trucks, Assembly line vehicles, Forklift trucks, Others], Navigation Technology [Laser guidance, Magnetic guidance, Inductive guidance, Optical tape guidance, Vision guidance, Others]}, Machine Condition Monitoring {Monitoring Technique [Vibration monitoring, Embedded systems, Vibration analyzers and meters, Thermography, Oil analysis, Corrosion monitoring, Ultrasound emission, Motor current analysis], Offering [Hardware – Vibration sensors, Accelerometers, Tachometers, Infrared sensors, Spectrometers, Ultrasound detectors, Spectrum analyzers, Corrosion probes], Software [Data integration, Diagnostic reporting, Order tracking analysis, Parameter calculation], Deployment Type [On-premises deployment, Cloud deployment], Monitoring Process [Online condition monitoring, Portable condition monitoring]})IndustryManufacturing, Automotive, Energy, Medical, Semiconductor & Electronics, Food & Beverage, Oil & Gas, Aerospace, Metals & Mining, Chemicals, and OthersRequest Free Customization of this report: 
https://www.skyquestt.com/speak-with-analyst/industry-4-0-market
Internet of Things (IoT) Technology to Remain Indispensable for Industry 4.0
Internet of Things (IoT) remains the most crucial technology in global Industry 4.0 market growth owing to its role in interconnectivity and automation across different verticals. Advancements in connectivity technologies and rising use of automation in different industry verticals are also estimated to help this sub-segment gain an impressive market share. Surging demand for predictive maintenance will also boost the adoption of IoT technology in the long run.
Advanced robotic technologies are also slated to gain traction in the Industry 4.0 market. Growing acceptance of robots and high investments in advancements of robotic technologies are also slated to create new opportunities for providers of advanced robotics in the Industry 4.0 market. The low margin of error and the immense scope of automation are key benefits of robotics that help this sub-segment flourish.
Artificial intelligence (AI) will be another popular technology in the Industry 4.0 world going forward. Increasing demand for continuous monitoring, real-time analytics, and predictive maintenance are slated to help the demand for artificial intelligence in the future. The rising use of IoT devices will also boost the demand for cloud computing technology in the long run.
View report summary and Table of Contents (TOC): 
https://www.skyquestt.com/report/industry-4-0-market
Manufacturing Vertical to Spearhead Industry 4.0 Market Development
The manufacturing vertical is estimated to be at the forefront when it comes to Industry 4.0 adoption. The surge in use of robotics, advanced technologies, and smart manufacturing practices sets the tone for Industry 4.0 in this industry vertical. High emphasis on improving manufacturing efficiency, reducing downtime, and maximizing profits are all contributing to the high market share of this sub-segment.
The automotive industry is another vertical where Industry 4.0 market players could invest to get good returns. The high adoption of advanced robotics and other smart manufacturing technologies to maximize production allows this sub-segment to become a crucial one for Industry 4.0 providers. The aerospace and defense industry vertical also shows a lot of promise for Industry 4.0 companies going forward. Growing demand for advanced manufacturing techniques and technologies to create complex aerospace components is helping Industry 4.0 market growth via this segment.
The oil & gas industry is also estimated to embrace Industry 4.0 trend with open hands as they try to improve their operations and promote better resource utilization. High demand for predictive maintenance to reduce downtime and the growing adoption of digital oilfield solutions are estimated to bolster Industry 4.0 market development in the long run.
To sum it up, the application scope for Industry 4.0 is endless as automation and digitization pick up pace around the world. High investments in development of IoT and AI technologies will create better opportunities for Industry 4.0 companies in the future. The manufacturing industry will remain the top revenue generating sub-segment and more opportunities for aerospace, automotive, and oil & gas verticals will be seen over the coming years.
Related Report:
Digital Twin Market
Cyber Security Market
Artificial Intelligence (AI) Market
Internet Of Things (IoT) Market
Machine Learning Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.
Contact: Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
Logo : https://mma.prnewswire.com/media/2446095/SkyQuest_Logo.jpg 
 

View original content:https://www.prnewswire.co.uk/news-releases/industry-4-0-market-to-surpass-usd-513-89-billion-by-2031-with-automation-surge–skyquest-technology-302206499.html

Continue Reading

Artificial Intelligence

Generative AI Cybersecurity Market worth $40.1 billion by 2030 – Exclusive Report by MarketsandMarkets™

Published

on

generative-ai-cybersecurity-market-worth-$40.1-billion-by-2030-–-exclusive-report-by-marketsandmarkets™

CHICAGO, July 26, 2024 /PRNewswire/ — The Generative AI cybersecurity Market is anticipated to experience substantial expansion, ascending from a value of USD 7.1 billion in 2024 to a substantial worth of USD 40.1 billion by the year 2030, according to a new report by MarketsandMarkets™. This growth trajectory reflects a robust compound annual growth rate (CAGR) of 33.4% over the forecast period.

Browse in-depth TOC on “Generative AI cybersecurity Market”
350 – Tables 60 – Figures450 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164202814
Scope of the Report
Report Metrics
Details
Market size available for years
2019–2030
Base year considered
2023
Forecast period
2024–2030
Forecast units
USD (Million)
Segments Covered
Offering, Generative AI-based Cybersecurity, Cybersecurity for Generative AI, Security Type, End-user, and Region
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
Microsoft (US), IBM (US), Google (US), SentinelOne (US), AWS (US), NVIDIA (US), Cisco (US), CrowdStrike (US), Fortinet (US), Zscaler (US), Trend Micro (Japan), Palo Alto Networks (US), BlackBerry (Canada), Darktrace (UK), F5 (US), Okta (US), Sangfor (China), SecurityScorecard (US), Sophos (UK), Broadcom (US), Trellix (US), Veracode (US), LexisNexis (US), Abnormal Security (US), Adversa AI (Israel), Aquasec (US), BigID (US), Checkmarx (US), Cohesity (US), Credo AI (US), Cybereason (US), DeepKeep (Israel), Elastic NV (US), Flashpoint (US), Lakera (US), MOSTLY AI (Austria), Recorded Future (US), Secureframe (US), Skyflow (US), SlashNext (US), Snyk (US), Tenable (US), TrojAI (Canada), VirusTotal (Spain), XenonStack (UAE), and Zerofox (US).
This dramatic surge is being fueled by a number of causes. The primary growth driver is the enhancement of existing cybersecurity tools through generative AI algorithms by improving anomaly detection, automating threat hunting and penetration testing, and providing complex simulations for security testing purposes. These techniques enable various cyber-attack scenarios that can be simulated using the Generative Adversarial Networks (GANs), thus enabling the development of better preparedness and response strategies. On the other hand, it requires special cyber security tools to protect generative AI workloads against unique vulnerabilities such as adversarial attacks, model inversions and LLM poisoning. These tools include differential privacy and secure multi-party computation that are integrated into AI systems for training and deployment data protection purposes.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=164202814
Generative AI apps security segment will account for largest market share during the forecast period.
The cybersecurity landscape is rapidly changing for generative AI apps, which are already making their way into chatbots, content creation tools like word processors, and personalized recommendation systems. According to McAfee, 55% of these programs have had security breaches. This highlights the dire need for stronger protective measures from unauthorized access. Several generative AI applications that use adversarial techniques to force the desired reaction out of intelligent machines.
Therefore, there is a pressing demand in the number of developers who ensure that such machines are made more robust through techniques like adversarially trained models and resistant architectures. Finally, the usage of secure enclaves plus hardware-based security measures is growing off late, mainly aimed at safeguarding vulnerable AI computations from being tampered with. For instance, OpenAI has very strict security rules meant to protect GPT models thereby ensuring data integrity and user privacy.
By end-user, government & defense sector is poised to account for larger market share in 2024.
Government as well as defense industries are increasingly resorting to generative AI for cyber security purposes due to the urgency of protecting sensitive information and national security. According to a recent CSIS report, AI is being integrated into the cybersecurity framework of 43% of government agencies which resultantly improves their ability to identify and counter threats. As an example, the United States Department of Defense has started using artificial intelligence (AI) based security solutions backed by generative AI that can create fictitious cyber-attacks, thereby providing them with enhanced preparedness against advanced types of threats.
This technology also helps these sectors handle and analyze large volumes of data more effectively, giving valuable insights that will enable them prevent or mitigate cyber threats. This trend demonstrates an increasing reliance on generative AI in fortifying cyber security measures so as to ensure that critical infrastructure and sensitive data remain secure in today’s intricate digital landscape.
By region, North America to hold the largest share by market value in 2024.
In 2024, North America will be the leading region based on market share due to its excellent technology infrastructure, substantial investments in AI-enabled cybersecurity and the presence of key players. Major cyber security research universities and tech companies such as Google, AWS, CrowdStrike, SentinelOne and IBM are present in this area, pushing them on the forefront of potent risk management technologies and generative AI tools for threat detection. For example, IBM’s security platform powered by AI has improved detection rates for threats up by 40%, thus proving the relevance of AI technology to enhancing cybersecurity.
Moreover, legislative instruments such as Cybersecurity Information Sharing Act (CISA) are being put in place to promote advanced cybersecurity technologies. As internet attacks continue getting more complicated, North American enterprises prefer generative artificial intelligence (AI), so as to enhance their safety measures pertaining to personal data and digital infrastructure.
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=164202814
Top Key Companies in Generative AI cybersecurity Market:
The major players in the generative AI cybersecurity market include Palo Alto Networks (US), AWS (US), CrowdStrike (US), SentinelOne (US), and Google (US), along with SMEs and startups such as MOSTLY AI (Austria), XenonStack (UAE), BigID (US), Abnormal Security (US), and Adversa AI (Israel).
Browse Adjacent Market: Artificial Intelligence (AI) Market Research Reports & Consulting
Browse Other Reports:
AI Model Risk Management Market – Global Forecast to 2029
AI in Chemicals Market – Global Forecast to 2029
Artificial Intelligence in Cybersecurity Market – Global Forecast to 2028
Explainable AI Market – Global Forecast to 2028
Artificial Intelligence (AI) Toolkit Market – Global Forecast to 2028
Get access to the latest updates on Generative AI cybersecurity Companies and Generative AI cybersecurity Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Our Website: https://www.marketsandmarkets.com/
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg 
 

View original content:https://www.prnewswire.co.uk/news-releases/generative-ai-cybersecurity-market-worth-40-1-billion-by-2030—exclusive-report-by-marketsandmarkets-302207361.html

Continue Reading

Trending