Cyber Physical System is a mechanism controlled or monitored by computer-based algorithms, tightly integrated with internet and its users. In cyber physical systems, physical and software components are deeply intertwined, each operating on different spatial and temporal scales, exhibiting multiple and distinct behavioral modalities, and interacting with each other in a myriad of ways that change with context. Examples of CPS include smart grid, autonomous automobile systems, medical monitoring, process control systems, robotics systems, and automatic pilot avionics.
Cyber Physical System industry has much fragmented, manufacturers are mostly in the North America and Europe. Among them, Europe Production value accounted for less than 29.75% of the total value of global Cyber Physical System. Siemens is the world leading manufacturer in global Cyber Physical System market with the market share of 11.83% in 2015.
We must embrace the technological evolution that the Internet of Things, and CPSs in particular, bring to our everyday lives. These technologies will increase the quality of services and ultimately benefit the environment as they are implemented in smart cities throughout the world.
CPSs, as a driver of innovation, involve many different disciplines. Industries as a whole have the opportunity to turn CPSs into an industrially applicable field. Moreover, CPSs require a highly skilled workforce, promoting collaborations and iterations between industries and universities. Finally, CPSs have a huge potential to change and improve every aspect of peoples' lives, addressing critical challenges for our society and exceeding today's distributed systems in security, performance, efficiency, reliability, usability, and many others.
In 2018, the global Cyber Physical System market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Cyber Physical System status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cyber Physical System development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Cyber Physical System status, future forecast, growth opportunity, key market and key players.
To present the Cyber Physical System development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Cyber Physical System are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.