Delray Beach, FL, April 21, 2025 (GLOBE NEWSWIRE) — The report “Industry 5.0 Market by Technology (Digital Twin, Al in Manufacturing, Industrial Sensors, Augmented & Virtual Reality, Industrial 3D Printing, Robotics), Sustainability (Waste-to-Energy Conversion, Recycle, Material), Industry – Global Forecast to 2029″ The global industry 5.0 market in US is expected to be valued at USD 15.0 billion in 2024 and is projected to reach USD 65.1 billion by 2029; it is expected to grow at a CAGR of 34.1 % from 2024 to 2029.
The major factors propelling the growth of the industry 5.0 market in the US across diverse industries include rapid technological advancements in artificial intelligence, robotics, the Internet of Things (IoT), and industrial 3d printing. The human-centric approach, along with manufacturing 5.0 technologies, is also revolutionizing the methods considered in industrial production and supply processes. This evolution responds to the increasing demand for customized products and personalized experiences, fostering a human-centric approach to manufacturing 5.0 that empowers workers with advanced tools and technologies. In addition to this, Countries like the US are focussing on interconnection, information transparency, technical assistance and decentralized decision-making making which puts human resources at the center of the production processes in industry 5.0 technologies ecosystem.US is focusing on empowering enterprises to increase automation efficiency and employ human creativity for problem-solving and customization which is boosting market for industry 5.0.
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List of Players in the Industry 5.0:
- ABB (Switzerland),
- Honeywell International Inc. (US),
- 3D Systems (US),
- Rockwell Automation (US),
- Siemens (Germany),
- Emerson Electric Co (US),
- Oracle (US),
- Alphabet Inc. (US), and
- SAP (US).
US Industry 5.0 Market Segmentation:
The digital twin technology segment to grow fastest during the forecast period.
The digital twin segment is expected to grow fastest in the industry, 5.0, during the forecast period. Digital twins play a central role in this integration by providing virtual representations of physical assets, processes, and systems. As industries increasingly adopt Industry 5.0 principles to enhance efficiency, productivity, and customization, the demand for digital …