Brazil Industry 4.0 Market Size & Outlook, 2023-2030
Brazil industry 4.0 market, 2018-2030 (US$M)
Related Markets
Brazil industry 4.0 market highlights
- The Brazil industry 4.0 market generated a revenue of USD 2,366.7 million in 2023 and is expected to reach USD 9,185.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 21.4% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Industry 4.0 market data book summary
| Market revenue in 2023 | USD 2,366.7 million |
| Market revenue in 2030 | USD 9,185.7 million |
| Growth rate | 21.4% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | ABB Ltd, Cisco Systems Inc, Cognex Corp, Denso Corp, Emerson Electric Co, Fanuc Corp, GE Aerospace, Honeywell International Inc, Intel Corp, Johnson Controls International PLC, Robert Bosch Engineering & Business Solutions, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Kuka Group |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global industry 4.0 market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil industry 4.0 market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 6,631.3 million by 2030.
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Industry 4.0 Market Scope
Industry 4.0 Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil industry 4.0 market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industry 4.0 market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 49.8% in 2023. Horizon Databook has segmented the Brazil industry 4.0 market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is on the cusp of a technological revolution with its Industry 4.0 market showing tremendous growth potential. The country is poised to join the ranks of the world's most advanced economies, thanks to its focus on innovation and technology.
The Industry 4.0 market in Brazil is expected to grow at an impressive rate in the coming years. This growth is driven by a number of factors, including the government's push for digital transformation, the rise of automation and robotics, and the increasing need for efficient and sustainable production processes.
The factor contributing to the growth of the Industry 4.0 market in Brazil is the increasing use of automation and robotics. Companies across various industries are turning to automation and robotics to improve their production processes and increase efficiency.
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Our clientele includes a mix of industry 4.0 market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil industry 4.0 market , including forecasts for subscribers. This country databook contains high-level insights into Brazil industry 4.0 market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil industry 4.0 market size, by component, 2018-2030 (US$M)
Brazil Industry 4.0 Market Outlook Share, 2023 & 2030 (US$M)
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