According to the latest industry research report by QYResearch titled Global Digital Twin Factory Equipment Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031, the global market size for Digital Twin Factory Equipment was valued at USD 8.6 billion in 2024 and is expected to reach USD 31.57 billion by 2031, growing at a robust compound annual growth rate (CAGR) of 20.4% during the forecast period 2025–2031.
Digital Twin Factory Equipment refers to intelligent manufacturing equipment embedded with IoT and sensor technologies, allowing for real-time digital replicas of physical assets. These tools are driving enhancements in smart manufacturing, predictive maintenance, and industrial process optimization.
Key Market Trends (2024–2025)
1. AI Integration into Digital Twin Platforms
Siemens introduced the Siemens Industrial Copilot at CES 2025, bringing Industrial AI directly to the shop floor. This enables real-time decision-making by running AI tasks close to machines, enhancing productivity and reducing downtime.
BMW expanded its use of NVIDIA Omniverse to build and operate industrial metaverse applications across its production network. The virtual factory in Debrecen, Hungary, set to open in 2025, is a precise digital replica, allowing for real-time simulations and optimization of production processes.
2. Sustainability and Emissions Reduction
Companies utilizing digital twins report an average 15% reduction in carbon emissions and 19% cost savings, according to a Hexagon survey.
Digital twins enable manufacturers to simulate and optimize energy usage, contributing to sustainability goals and reducing environmental impact.
3. Advancements in Predictive Maintenance
AI and Machine Learning are increasingly used to analyze data from IoT sensors, predicting equipment failures before they occur and reducing unplanned downtime by up to 25%.
Edge Computing allows for real-time data processing at the source, enabling immediate responses to equipment anomalies and reducing latency in decision-making.
Integration with Augmented Reality (AR) provides technicians with hands-free access to maintenance data and procedures, improving efficiency and accuracy in repairs.
4. Expansion of the Industrial Metaverse
The industrial metaverse, combining digital twins, AI, and immersive technologies, is projected to become a $100 billion market by 2030.
Manufacturers like BMW leverage the industrial metaverse to simulate entire production lines, allowing for optimization and error reduction before physical implementation.
Leading Companies
The report highlights the competitive landscape, where top global players include:
Siemens
ABB
General Electric
Schneider Electric
Honeywell
Dassault Systèmes
PTC
Rockwell Automation
Bosch Rexroth
Hexagon AB
Mitsubishi Electric
Emerson Electric
AVEVA
Hitachi
Yokogawa Electric
Product Models and Specifications from Key Digital Twin Factory Equipment Companies
1. Siemens
S7-1500 Controller – CPU 1511-1 PN, CPU 1516F-3 PN/DP
SIMATIC WinCC V8.0 – Visualization software suite
Drive systems – SINAMICS G120X, G120C, S210
SITOP PSU8600 – Advanced power supply system for automation
2. ABB
ABB Ability Digital Twin Suite
IRB 6700 Industrial Robot – Payload: 150-300 kg
AC500 PLC – PM585-ETH, PM573-ETH, PM595-ETH
ABB Ability Genix Datalake – for industrial analytics
3. General Electric (GE)
Predix Digital Twin Platform
Mark VIeS Safety Control Systems
Industrial Internet Control System (IICS)
GE RX3i PACSystems – IC695CPU315, IC695CPE330
4. Schneider Electric
EcoStruxure Machine Expert
Modicon M580 PLC – BMEP584040, BMEP584020
AVEVA System Platform (via partnership)
Harmony SCU HMI Controllers – HMISCU8B5
5. Honeywell
Experion PKS HIVE
ControlEdge PLC – HC900, RTU2020
Forge Digital Twin
Experion HS SCADA
6. Dassault Systèmes
3DEXPERIENCE Twin – DELMIA, CATIA, ENOVIA integration
DELMIA Apriso for MES
CATIA Magic for Systems Modeling
7. PTC
ThingWorx Digital Twin Platform
Vuforia Studio for Augmented Reality integration
Kepware KEPServerEX – Industrial connectivity software
8. Rockwell Automation
FactoryTalk Twin Studio
ControlLogix 5580 Controllers – 1756-L83E, 1756-L85E
CompactLogix 5380 Controllers
PanelView 5510 HMI Terminals
9. Bosch Rexroth
ctrlX AUTOMATION Platform
IndraDrive ML Drives
IndraControl XM PLCs
IoT Gateway V2
10. Hexagon AB
Nexus Digital Twin Suite
HxGN Smart Quality
HxGN EAM (Enterprise Asset Management)
QUINDOS 2024 – Advanced Metrology Software
Market Segmentation
By Type
Control and Automation Equipment
Sensing and Monitoring Devices
Simulation and Modeling Platforms
Data Integration and Communication Modules
Others
By Application
Smart Manufacturing
Predictive Maintenance
Remote Operation and Maintenance
Industrial Process Optimization
Others
Regional Insights
North America, Europe, and Asia Pacific remain the most lucrative regions. China and Germany are leading the adoption of simulation platforms and control systems. India is emerging as a key growth market for predictive maintenance applications. Meanwhile, North American manufacturers are shifting strategies in response to evolving U.S. tariff policies, which are expected to reshape supply chain decisions by 2025.
Conclusion
As global manufacturers strive for resilience, sustainability, and cost-efficiency, digital twin factory equipment is becoming central to next-generation industrial ecosystems. Fueled by AI, advanced analytics, and the industrial metaverse, this market is poised for exponential growth over the next decade.
Related Reports：
Global Digital Twin Factory Equipment Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
https://www.qyresearch.com/reports/4713870/digital-twin-factory-equipment
Global Digital Twin Factory Equipment Market Research Report 2025
https://www.qyresearch.com/reports/4713866/digital-twin-factory-equipment
Digital Twin Factory Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
https://www.qyresearch.com/reports/4713864/digital-twin-factory-equipment
Global Digital Twin Factory Equipment Market Insights, Forecast to 2031
https://www.qyresearch.com/reports/4713859/digital-twin-factory-equipment
About Us
QYResearch founded in California, USA in 2007. It is a leading global market research and consulting company. With over 18 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 66,000 clients across five continents. Let’s work closely with you and build a bold and better future.
Contact Us:
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp