Global Electrical Digital Twin 麻豆原创 Growth (Status and Outlook) 2025-2031

Publication ID:

LPI01253343

Publication Date:

January 29, 2025

Pages:

122

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

Semiconductors [2]

Manufacturing (Computing & Electronics) [3]

Computing & Electronics [4]

Description:

The global Electrical Digital Twin market size is predicted to grow from US$ 2568 million in 2025 to US$ 5078 million in 2031; it is expected to grow at a CAGR of 12.0% from 2025 to 2031.
Electrical Digital Twin is a near-real-time digital image about the historical and current behaviour of a physical object or process that helps optimize business performance.
Digital twins exist at the nexus of physical engineering, data science, and machine learning, and their value translates directly to measurable business outcomes鈥攔educed asset downtime and maintenance costs, improved plant and factory efficiency, reduced cycle times, and increased market agility.
The term digital twin began around 2003 when Dr. Michael Grieves introduced the concept. Since its introduction, digital twin has evolved considerably from its rather engineering design-centric roots. But it began commercializing in 2014 when GE, PTC, Siemens and Dassault Syst猫mes brought it to light in the market.
Digital twin can be classified to system twin, process twin, asset twin in the market, and system twin, process twin is leading the market and growing faster at present.
Digital twin is first used for aerospace & defense, then it can be used for automotive & transportation, machine manufacturing, energy & utilities and other industry. Machine manufacturing took up about 40% of the global total market now. Energy & Utilities sector got a fast developing because of the technology innovation that related to smart grid.
The 鈥淓lectrical Digital Twin Industry Forecast鈥� looks at past sales and reviews total world Electrical Digital Twin sales in 2024, providing a comprehensive analysis by region and market sector of projected Electrical Digital Twin sales for 2025 through 2031. With Electrical Digital Twin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrical Digital Twin industry.
This Insight Report provides a comprehensive analysis of the global Electrical Digital Twin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Electrical Digital Twin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Electrical Digital Twin market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrical Digital Twin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electrical Digital Twin.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Digital Twin market by product type, application, key players and key regions and countries.
Segmentation by Type:
System Twin
Process Twin
Asset Twin
Segmentation by Application:
Aerospace and Defense
Automotive and Transportation
Machine Manufacturing
Energy and Utilities
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
PTC
Siemens
Dassault Syst猫mes
IBM Corporation
ANSYS
Microsoft Corporation
Oracle Corporation
Accenture (Mackevision)
SAP
AVEVA Group
Bentley Systems
ABB
ETAP
Emerson
Altair
Esri
Autodesk

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Electrical Digital Twin 麻豆原创 Size (2020-2031)
2.1.2 Electrical Digital Twin 麻豆原创 Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Electrical Digital Twin by Country/Region (2020, 2024 & 2031)
2.2 Electrical Digital Twin Segment by Type
2.2.1 System Twin
2.2.2 Process Twin
2.2.3 Asset Twin
2.3 Electrical Digital Twin 麻豆原创 Size by Type
2.3.1 Electrical Digital Twin 麻豆原创 Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Electrical Digital Twin 麻豆原创 Size 麻豆原创 Share by Type (2020-2025)
2.4 Electrical Digital Twin Segment by Application
2.4.1 Aerospace and Defense
2.4.2 Automotive and Transportation
2.4.3 Machine Manufacturing
2.4.4 Energy and Utilities
2.4.5 Others
2.5 Electrical Digital Twin 麻豆原创 Size by Application
2.5.1 Electrical Digital Twin 麻豆原创 Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Electrical Digital Twin 麻豆原创 Size 麻豆原创 Share by Application (2020-2025)
3 Electrical Digital Twin 麻豆原创 Size by Player
3.1 Electrical Digital Twin 麻豆原创 Size 麻豆原创 Share by Player
3.1.1 Global Electrical Digital Twin Revenue by Player (2020-2025)
3.1.2 Global Electrical Digital Twin Revenue 麻豆原创 Share by Player (2020-2025)
3.2 Global Electrical Digital Twin Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Electrical Digital Twin by Region
4.1 Electrical Digital Twin 麻豆原创 Size by Region (2020-2025)
4.2 Global Electrical Digital Twin Annual Revenue by Country/Region (2020-2025)
4.3 Americas Electrical Digital Twin 麻豆原创 Size Growth (2020-2025)
4.4 APAC Electrical Digital Twin 麻豆原创 Size Growth (2020-2025)
4.5 Europe Electrical Digital Twin 麻豆原创 Size Growth (2020-2025)
4.6 Middle East & Africa Electrical Digital Twin 麻豆原创 Size Growth (2020-2025)
5 Americas
5.1 Americas Electrical Digital Twin 麻豆原创 Size by Country (2020-2025)
5.2 Americas Electrical Digital Twin 麻豆原创 Size by Type (2020-2025)
5.3 Americas Electrical Digital Twin 麻豆原创 Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Electrical Digital Twin 麻豆原创 Size by Region (2020-2025)
6.2 APAC Electrical Digital Twin 麻豆原创 Size by Type (2020-2025)
6.3 APAC Electrical Digital Twin 麻豆原创 Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Electrical Digital Twin 麻豆原创 Size by Country (2020-2025)
7.2 Europe Electrical Digital Twin 麻豆原创 Size by Type (2020-2025)
7.3 Europe Electrical Digital Twin 麻豆原创 Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Electrical Digital Twin by Region (2020-2025)
8.2 Middle East & Africa Electrical Digital Twin 麻豆原创 Size by Type (2020-2025)
8.3 Middle East & Africa Electrical Digital Twin 麻豆原创 Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Electrical Digital Twin 麻豆原创 Forecast
10.1 Global Electrical Digital Twin Forecast by Region (2026-2031)
10.1.1 Global Electrical Digital Twin Forecast by Region (2026-2031)
10.1.2 Americas Electrical Digital Twin Forecast
10.1.3 APAC Electrical Digital Twin Forecast
10.1.4 Europe Electrical Digital Twin Forecast
10.1.5 Middle East & Africa Electrical Digital Twin Forecast
10.2 Americas Electrical Digital Twin Forecast by Country (2026-2031)
10.2.1 United States 麻豆原创 Electrical Digital Twin Forecast
10.2.2 Canada 麻豆原创 Electrical Digital Twin Forecast
10.2.3 Mexico 麻豆原创 Electrical Digital Twin Forecast
10.2.4 Brazil 麻豆原创 Electrical Digital Twin Forecast
10.3 APAC Electrical Digital Twin Forecast by Region (2026-2031)
10.3.1 China Electrical Digital Twin 麻豆原创 Forecast
10.3.2 Japan 麻豆原创 Electrical Digital Twin Forecast
10.3.3 Korea 麻豆原创 Electrical Digital Twin Forecast
10.3.4 Southeast Asia 麻豆原创 Electrical Digital Twin Forecast
10.3.5 India 麻豆原创 Electrical Digital Twin Forecast
10.3.6 Australia 麻豆原创 Electrical Digital Twin Forecast
10.4 Europe Electrical Digital Twin Forecast by Country (2026-2031)
10.4.1 Germany 麻豆原创 Electrical Digital Twin Forecast
10.4.2 France 麻豆原创 Electrical Digital Twin Forecast
10.4.3 UK 麻豆原创 Electrical Digital Twin Forecast
10.4.4 Italy 麻豆原创 Electrical Digital Twin Forecast
10.4.5 Russia 麻豆原创 Electrical Digital Twin Forecast
10.5 Middle East & Africa Electrical Digital Twin Forecast by Region (2026-2031)
10.5.1 Egypt 麻豆原创 Electrical Digital Twin Forecast
10.5.2 South Africa 麻豆原创 Electrical Digital Twin Forecast
10.5.3 Israel 麻豆原创 Electrical Digital Twin Forecast
10.5.4 Turkey 麻豆原创 Electrical Digital Twin Forecast
10.6 Global Electrical Digital Twin Forecast by Type (2026-2031)
10.7 Global Electrical Digital Twin Forecast by Application (2026-2031)
10.7.1 GCC Countries 麻豆原创 Electrical Digital Twin Forecast
11 Key Players Analysis
11.1 General Electric
11.1.1 General Electric Company Information
11.1.2 General Electric Electrical Digital Twin Product Offered
11.1.3 General Electric Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.1.4 General Electric Main Business Overview
11.1.5 General Electric Latest Developments
11.2 PTC
11.2.1 PTC Company Information
11.2.2 PTC Electrical Digital Twin Product Offered
11.2.3 PTC Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.2.4 PTC Main Business Overview
11.2.5 PTC Latest Developments
11.3 Siemens
11.3.1 Siemens Company Information
11.3.2 Siemens Electrical Digital Twin Product Offered
11.3.3 Siemens Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.3.4 Siemens Main Business Overview
11.3.5 Siemens Latest Developments
11.4 Dassault Syst猫mes
11.4.1 Dassault Syst猫mes Company Information
11.4.2 Dassault Syst猫mes Electrical Digital Twin Product Offered
11.4.3 Dassault Syst猫mes Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.4.4 Dassault Syst猫mes Main Business Overview
11.4.5 Dassault Syst猫mes Latest Developments
11.5 IBM Corporation
11.5.1 IBM Corporation Company Information
11.5.2 IBM Corporation Electrical Digital Twin Product Offered
11.5.3 IBM Corporation Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.5.4 IBM Corporation Main Business Overview
11.5.5 IBM Corporation Latest Developments
11.6 ANSYS
11.6.1 ANSYS Company Information
11.6.2 ANSYS Electrical Digital Twin Product Offered
11.6.3 ANSYS Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.6.4 ANSYS Main Business Overview
11.6.5 ANSYS Latest Developments
11.7 Microsoft Corporation
11.7.1 Microsoft Corporation Company Information
11.7.2 Microsoft Corporation Electrical Digital Twin Product Offered
11.7.3 Microsoft Corporation Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.7.4 Microsoft Corporation Main Business Overview
11.7.5 Microsoft Corporation Latest Developments
11.8 Oracle Corporation
11.8.1 Oracle Corporation Company Information
11.8.2 Oracle Corporation Electrical Digital Twin Product Offered
11.8.3 Oracle Corporation Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.8.4 Oracle Corporation Main Business Overview
11.8.5 Oracle Corporation Latest Developments
11.9 Accenture (Mackevision)
11.9.1 Accenture (Mackevision) Company Information
11.9.2 Accenture (Mackevision) Electrical Digital Twin Product Offered
11.9.3 Accenture (Mackevision) Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.9.4 Accenture (Mackevision) Main Business Overview
11.9.5 Accenture (Mackevision) Latest Developments
11.10 SAP
11.10.1 SAP Company Information
11.10.2 SAP Electrical Digital Twin Product Offered
11.10.3 SAP Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.10.4 SAP Main Business Overview
11.10.5 SAP Latest Developments
11.11 AVEVA Group
11.11.1 AVEVA Group Company Information
11.11.2 AVEVA Group Electrical Digital Twin Product Offered
11.11.3 AVEVA Group Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.11.4 AVEVA Group Main Business Overview
11.11.5 AVEVA Group Latest Developments
11.12 Bentley Systems
11.12.1 Bentley Systems Company Information
11.12.2 Bentley Systems Electrical Digital Twin Product Offered
11.12.3 Bentley Systems Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.12.4 Bentley Systems Main Business Overview
11.12.5 Bentley Systems Latest Developments
11.13 ABB
11.13.1 ABB Company Information
11.13.2 ABB Electrical Digital Twin Product Offered
11.13.3 ABB Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.13.4 ABB Main Business Overview
11.13.5 ABB Latest Developments
11.14 ETAP
11.14.1 ETAP Company Information
11.14.2 ETAP Electrical Digital Twin Product Offered
11.14.3 ETAP Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.14.4 ETAP Main Business Overview
11.14.5 ETAP Latest Developments
11.15 Emerson
11.15.1 Emerson Company Information
11.15.2 Emerson Electrical Digital Twin Product Offered
11.15.3 Emerson Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.15.4 Emerson Main Business Overview
11.15.5 Emerson Latest Developments
11.16 Altair
11.16.1 Altair Company Information
11.16.2 Altair Electrical Digital Twin Product Offered
11.16.3 Altair Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.16.4 Altair Main Business Overview
11.16.5 Altair Latest Developments
11.17 Esri
11.17.1 Esri Company Information
11.17.2 Esri Electrical Digital Twin Product Offered
11.17.3 Esri Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.17.4 Esri Main Business Overview
11.17.5 Esri Latest Developments
11.18 Autodesk
11.18.1 Autodesk Company Information
11.18.2 Autodesk Electrical Digital Twin Product Offered
11.18.3 Autodesk Electrical Digital Twin Revenue, Gross Margin and 麻豆原创 Share (2020-2025)
11.18.4 Autodesk Main Business Overview
11.18.5 Autodesk Latest Developments
12 Research Findings and Conclusion

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