Global Metaverse in Manufacturing Market Size study & Forecast, by Component, by Application, by Technology, by End Use Industry, and Regional Analysis, 2023-2030

Description

List of Tables

Global Metaverse in Manufacturing Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. The global metaverse in the manufacturing market refers to the application and utilization of metaverse technologies and concepts within the manufacturing industry on a global scale. It encompasses the integration of virtual reality (VR), augmented reality (AR), and other immersive technologies into manufacturing processes, operations, and value chains. The major driving factors for the Global Metaverse in Manufacturing Market are the rising number of manufacturing companies and the growing number of companies developing virtual warehouses. Moreover, the rising use of virtual reality and the rising use of 3D technology are creating lucrative growth opportunities for the market over the forecast period 2023-2030.

The metaverse could enable manufacturers to create virtual simulations of their production processes and facilities. This virtual representation can be used for design optimization, process testing, and training purposes, ultimately leading to increased efficiency and reduced production costs. China is placing significant emphasis on adopting Industry 4.0 technologies in its manufacturing industry. The industry is currently experiencing a significant transformation, driven by the widespread implementation of automation and digital technologies. The primary goals of this transformation are to enhance efficiency, minimize costs, and improve overall product quality. According to data provided by the United Nations Statistics Division, Global manufacturing production increased by 9.4 per cent in 2021 from year 2020. The growth of the manufacturing market is being propelled by increasing funding for advancements in the industry. Over the forecast period from 2022 to 2029, this funding is expected to drive market growth. As an example, the Japanese government has allocated USD 1.62 billion in its fiscal year 2022 budget (April 2022 - March 2023) to support Japanese small and medium-sized enterprises (SMEs). This financial support aims to foster advancements in manufacturing and boost the overall development of the sector. However, the high cost of Metaverse in Manufacturing stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Metaverse in Manufacturing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is dominating market share in the Global Metaverse in Manufacturing Market in year 2022. The region has a strong presence of key players, research institutions, and innovative startups in the metaverse and manufacturing sectors. The adoption of metaverse technologies in manufacturing is relatively high, driven by the need for improved productivity, efficiency, and competitiveness. Asia-Pacific region is fastest growing over the forecast period. Metaverse technologies are being explored to improve manufacturing efficiency, support remote collaboration, and enhance product customization. China, in particular, has been actively promoting the integration of metaverse technologies in manufacturing through various government initiatives and investments.

Major market player included in this report are:

Unity Technologies
Epic Games Inc
NVIDIA Corporation
Siemens AG
PTC Inc.
Microsoft Corporation
Alphabet Inc.
Autodesk Inc.
Dassault Systemes
Magic Leap Inc.

Recent Developments in the Market:

In November 2021, KAIST (Korea Advanced Institute of Science & Technology) introduced a metaverse-based virtual plastic screw factory. This virtual environment enables customers to explore a simulated plastic screw plant and observe manufacturing operations using virtual reality headsets. Additionally, users can virtually operate the machines, replicating a realistic factory experience.
In January 2022, Hyundai Motor Company and Unity announced a partnership to develop a metaverse roadmap and platform for Meta-Factory. This collaboration aims to create a metaverse-based digital twin factory that optimizes plant operations and facilitates virtual problem-solving. The digital-twin concept involves creating a virtual replica of a physical factory, enabling real-time monitoring, analysis, and optimization of manufacturing processes.

Global Metaverse in Manufacturing Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Application, Technology, End Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Hardware
Software

By Application:

Supply Chain Management
Product Designing and Development
Factory Landscape
Virtual Warehouse
Others

By Technology:

Augmented Reality (AR)
Virtual Reality (VR)
Mixed Reality (MR)
Internet of Things (IoT)
Artificial Intelligence (AI)

By End Use Industry:

Automotive
Electronics
Manufacturing
Design Companies
Textile
Logistics Providers
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Metaverse in Manufacturing Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Metaverse in Manufacturing Market, by Component, 2020-2030 (USD Billion)
- 1.2.3. Metaverse in Manufacturing Market, by Application, 2020-2030 (USD Billion)
- 1.2.4. Metaverse in Manufacturing Market, by Technology, 2020-2030 (USD Billion)
- 1.2.5. Metaverse in Manufacturing Market, by End Use Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Metaverse in Manufacturing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Metaverse in Manufacturing Market Dynamics

3.1. Metaverse in Manufacturing Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing number of manufacturing companies
  - 3.1.1.2. Rising number of virtual warehouses
  - 3.1.1.3. Rising investment in digital infrastructure by manufacturers
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Metaverse in Manufacturing
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising use of virtual reality
  - 3.1.3.2. Rising use of 3D technology

Chapter 4. Global Metaverse in Manufacturing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Metaverse in Manufacturing Market, by Component

5.1. Market Snapshot
5.2. Global Metaverse in Manufacturing Market by Component, Performance - Potential Analysis
5.3. Global Metaverse in Manufacturing Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Metaverse in Manufacturing Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software

Chapter 6. Global Metaverse in Manufacturing Market, by Application

6.1. Market Snapshot
6.2. Global Metaverse in Manufacturing Market by Application, Performance - Potential Analysis
6.3. Global Metaverse in Manufacturing Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Metaverse in Manufacturing Market, Sub Segment Analysis
- 6.4.1. Supply Chain Management
- 6.4.2. Product Designing and Development
- 6.4.3. Factory Landscape
- 6.4.4. Virtual Warehouse
- 6.4.5. Others

Chapter 7. Global Metaverse in Manufacturing Market, by Technology

7.1. Market Snapshot
7.2. Global Metaverse in Manufacturing Market by Technology, Performance - Potential Analysis
7.3. Global Metaverse in Manufacturing Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
7.4. Metaverse in Manufacturing Market, Sub Segment Analysis
- 7.4.1. Augmented Reality (AR)
- 7.4.2. Virtual Reality (VR)
- 7.4.3. Mixed Reality (MR)
- 7.4.4. Internet of Things (IoT)
- 7.4.5. Artificial Intelligence (AI)

Chapter 8. Global Metaverse in Manufacturing Market, by End Use Industry

8.1. Market Snapshot
8.2. Global Metaverse in Manufacturing Market by End Use Industry, Performance - Potential Analysis
8.3. Global Metaverse in Manufacturing Market Estimates & Forecasts by End Use Industry 2020-2030 (USD Billion)
8.4. Metaverse in Manufacturing Market, Sub Segment Analysis
- 8.4.1. Automotive
- 8.4.2. Electronics
- 8.4.3. Manufacturing
- 8.4.4. Design Companies
- 8.4.5. Textile
- 8.4.6. Logistics Providers
- 8.4.7. Others

Chapter 9. Global Metaverse in Manufacturing Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Metaverse in Manufacturing Market, Regional Market Snapshot
9.4. North America Metaverse in Manufacturing Market
- 9.4.1. U.S. Metaverse in Manufacturing Market
  - 9.4.1.1. Component breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Application breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Technology breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End Use Industry breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Metaverse in Manufacturing Market
9.5. Europe Metaverse in Manufacturing Market Snapshot
- 9.5.1. U.K. Metaverse in Manufacturing Market
- 9.5.2. Germany Metaverse in Manufacturing Market
- 9.5.3. France Metaverse in Manufacturing Market
- 9.5.4. Spain Metaverse in Manufacturing Market
- 9.5.5. Italy Metaverse in Manufacturing Market
- 9.5.6. Rest of Europe Metaverse in Manufacturing Market
9.6. Asia-Pacific Metaverse in Manufacturing Market Snapshot
- 9.6.1. China Metaverse in Manufacturing Market
- 9.6.2. India Metaverse in Manufacturing Market
- 9.6.3. Japan Metaverse in Manufacturing Market
- 9.6.4. Australia Metaverse in Manufacturing Market
- 9.6.5. South Korea Metaverse in Manufacturing Market
- 9.6.6. Rest of Asia Pacific Metaverse in Manufacturing Market
9.7. Latin America Metaverse in Manufacturing Market Snapshot
- 9.7.1. Brazil Metaverse in Manufacturing Market
- 9.7.2. Mexico Metaverse in Manufacturing Market
9.8. Middle East & Africa Metaverse in Manufacturing Market
- 9.8.1. Saudi Arabia Metaverse in Manufacturing Market
- 9.8.2. South Africa Metaverse in Manufacturing Market
- 9.8.3. Rest of Middle East & Africa Metaverse in Manufacturing Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Unity Technologies
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Epic Games Inc
- 10.3.3. NVIDIA Corporation
- 10.3.4. Siemens AG
- 10.3.5. PTC Inc.
- 10.3.6. Microsoft Corporation
- 10.3.7. Alphabet Inc.
- 10.3.8. Autodesk Inc.
- 10.3.9. Dassault Systemes
- 10.3.10. Magic Leap Inc.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Metaverse in Manufacturing Market, report scope
TABLE 2. Global Metaverse in Manufacturing Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Metaverse in Manufacturing Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global Metaverse in Manufacturing Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Metaverse in Manufacturing Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 6. Global Metaverse in Manufacturing Market estimates & forecasts by End Use Industry 2020-2030 (USD Billion)
TABLE 7. Global Metaverse in Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Metaverse in Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Metaverse in Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Metaverse in Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Metaverse in Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Metaverse in Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Metaverse in Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Metaverse in Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Metaverse in Manufacturing Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Metaverse in Manufacturing Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Metaverse in Manufacturing Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Metaverse in Manufacturing Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Metaverse in Manufacturing Market
TABLE 72. List of primary sources, used in the study of global Metaverse in Manufacturing Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Metaverse in Manufacturing Market, research methodology
FIG 2. Global Metaverse in Manufacturing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Metaverse in Manufacturing Market, key trends 2022
FIG 5. Global Metaverse in Manufacturing Market, growth prospects 2023-2030
FIG 6. Global Metaverse in Manufacturing Market, porters 5 force model
FIG 7. Global Metaverse in Manufacturing Market, pest analysis
FIG 8. Global Metaverse in Manufacturing Market, value chain analysis
FIG 9. Global Metaverse in Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Metaverse in Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Metaverse in Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Metaverse in Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Metaverse in Manufacturing Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Metaverse in Manufacturing Market, regional snapshot 2020 & 2030
FIG 15. North America Metaverse in Manufacturing Market 2020 & 2030 (USD Billion)
FIG 16. Europe Metaverse in Manufacturing Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Metaverse in Manufacturing Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Metaverse in Manufacturing Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Metaverse in Manufacturing Market 2020 & 2030 (USD Billion)