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Industry 4.0 Market to Surpass USD 513.89 Billion by 2031 with Automation Surge | SkyQuest Technology

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WESTFORD, Mass., July 26, 2024 /PRNewswire/ — According to SkyQuest, the global Industry 4.0 Market size was valued at USD 133.05 billion in 2022 and is poised to grow from USD 154.6 billion in 2023 to USD 513.89 billion by 2031, growing at a CAGR of 16.2% during the forecast period (2024-2031).

Industry 4.0 or the fourth industrial revolution emphasizes the use of automation and interconnectivity. Employment of advanced technologies such as artificial intelligence, machine learning, robotics, and connected devices to improve the productivity and efficiency of industries. Rapid digitization and advancements in technology are forecasted to bolster the Industry 4.0 market growth over the coming years. The global Industry 4.0 market is segmented into technology, industry vertical, and region. 

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Industry 4.0 Market Overview:

Report Coverage

Details

Market Revenue in 2023

$ 154.6 billion

Estimated Value by 2031

$ 513.89 billion

Growth Rate

Poised to grow at a CAGR of 16.2%

Forecast Period

2024–2031

Forecast Units

Value (USD Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

Technology, Industry and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Report Highlights

Internet of Things (IoT) technology takes centerstage for Industry 4.0 adoption

Key Market Opportunities

Adoption of smart manufacturing and additive manufacturing practices

Key Market Drivers

Rising demand for automation across all industry verticals

Segments covered in Industry 4.0 Market are as follows:

TechnologyRobots (Traditional Industrial Robots {Articulated robots, Cartesian Robots, Selective Compliance Assembly Robot Arm (SCARA), Cylindrical Robots, Others}, Collaborative Robots), Blockchain in Manufacturing, Industrial Sensors (Level Sensors, Temperature Sensors, Flow Sensors, Position Sensors, Pressure Sensors, Force Sensors, Humidity & Moisture Sensors, Gas Sensors), Industrial 3D Printing, Machine Vision (Camera {Digital Camera, Smart Camera}, Frame Grabbers, Optics, and LED Lighting, Processor and Software), HMI (Offering {Hardware [Basic HMI, Advanced Panel-based HMI, Advanced PC-based HMI, Others], Software [On-premises HMI, Cloud-based HMI], Services}), Configuration ({Embedded HMI, Standalone HMI}, Technology {Motion HMI, Bionic HMI, Tactile HMI, Acoustic HMI}, End-user Industry {Process industries [Oil & Gas, Food & beverages, Pharmaceuticals, Chemicals, Energy & power, Metals & mining, Water & wastewater, Others], Discrete industry [Automotive, Aerospace & defense, Packaging, Medical devices, Semiconductor & electronics, Others]}), AI In Manufacturing (Offering {Hardware [Processor MPU, GPU, FPGA, ASIC, Memory, Network], Software [AI solutions- | On-premises, Cloud |, AI platform- | Machine learning framework, Application program interface |], Services [Deployment & integration, Support & maintenance]}, Technology {Machine learning [Deep learning, Supervised learning, Reinforcement learning, Reinforcement learning, Others], Natural language processing [Context-aware computing, Computer vision]}, Application {Predictive maintenance and machinery inspection, Material movement, Production planning, Field services, Quality control, Cybersecurity, Industrial robots, Reclamation}, Digital Twin {Technology [Internet of Things (IOT), Blockchain, Artificial intelligence & machine learning, Artificial intelligence & machine learning, Big data analytics, 5G], Usage Type [Product digital twin, Process digital twin, System digital twin], Application [Product design & development, Performance monitoring, Predictive maintenance, Inventory management, Business optimization, Others]}, Automated Guided Vehicles (AGV) {Type [Tow vehicles, Unit load carriers, Pallet trucks, Assembly line vehicles, Forklift trucks, Others], Navigation Technology [Laser guidance, Magnetic guidance, Inductive guidance, Optical tape guidance, Vision guidance, Others]}, Machine Condition Monitoring {Monitoring Technique [Vibration monitoring, Embedded systems, Vibration analyzers and meters, Thermography, Oil analysis, Corrosion monitoring, Ultrasound emission, Motor current analysis], Offering [Hardware – Vibration sensors, Accelerometers, Tachometers, Infrared sensors, Spectrometers, Ultrasound detectors, Spectrum analyzers, Corrosion probes], Software [Data integration, Diagnostic reporting, Order tracking analysis, Parameter calculation], Deployment Type [On-premises deployment, Cloud deployment], Monitoring Process [Online condition monitoring, Portable condition monitoring]})IndustryManufacturing, Automotive, Energy, Medical, Semiconductor & Electronics, Food & Beverage, Oil & Gas, Aerospace, Metals & Mining, Chemicals, and Others

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Internet of Things (IoT) Technology to Remain Indispensable for Industry 4.0

Internet of Things (IoT) remains the most crucial technology in global Industry 4.0 market growth owing to its role in interconnectivity and automation across different verticals. Advancements in connectivity technologies and rising use of automation in different industry verticals are also estimated to help this sub-segment gain an impressive market share. Surging demand for predictive maintenance will also boost the adoption of IoT technology in the long run.

Advanced robotic technologies are also slated to gain traction in the Industry 4.0 market. Growing acceptance of robots and high investments in advancements of robotic technologies are also slated to create new opportunities for providers of advanced robotics in the Industry 4.0 market. The low margin of error and the immense scope of automation are key benefits of robotics that help this sub-segment flourish.

Artificial intelligence (AI) will be another popular technology in the Industry 4.0 world going forward. Increasing demand for continuous monitoring, real-time analytics, and predictive maintenance are slated to help the demand for artificial intelligence in the future. The rising use of IoT devices will also boost the demand for cloud computing technology in the long run.

View report summary and Table of Contents (TOC): 

https://www.skyquestt.com/report/industry-4-0-market

Manufacturing Vertical to Spearhead Industry 4.0 Market Development

The manufacturing vertical is estimated to be at the forefront when it comes to Industry 4.0 adoption. The surge in use of robotics, advanced technologies, and smart manufacturing practices sets the tone for Industry 4.0 in this industry vertical. High emphasis on improving manufacturing efficiency, reducing downtime, and maximizing profits are all contributing to the high market share of this sub-segment.

The automotive industry is another vertical where Industry 4.0 market players could invest to get good returns. The high adoption of advanced robotics and other smart manufacturing technologies to maximize production allows this sub-segment to become a crucial one for Industry 4.0 providers. The aerospace and defense industry vertical also shows a lot of promise for Industry 4.0 companies going forward. Growing demand for advanced manufacturing techniques and technologies to create complex aerospace components is helping Industry 4.0 market growth via this segment.

The oil & gas industry is also estimated to embrace Industry 4.0 trend with open hands as they try to improve their operations and promote better resource utilization. High demand for predictive maintenance to reduce downtime and the growing adoption of digital oilfield solutions are estimated to bolster Industry 4.0 market development in the long run.

To sum it up, the application scope for Industry 4.0 is endless as automation and digitization pick up pace around the world. High investments in development of IoT and AI technologies will create better opportunities for Industry 4.0 companies in the future. The manufacturing industry will remain the top revenue generating sub-segment and more opportunities for aerospace, automotive, and oil & gas verticals will be seen over the coming years.

Related Report:

Digital Twin Market

Cyber Security Market

Artificial Intelligence (AI) Market

Internet Of Things (IoT) Market

Machine Learning Market

About Us:

SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.

We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific.

Contact:
Mr. Jagraj Singh
SkyQuest Technology
1 Apache Way,
Westford,
Massachusetts 01886
USA (+1) 351-333-4748
Email: sales@skyquestt.com
Visit Our Website: https://www.skyquestt.com/

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Zendure Wins Double Honors at the Global Product Technology Innovation Awards 2026, with SolarFlow 4000 Mix Pro Taking Gold

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At IFA 2026 in Berlin, Zendure’s flagship SolarFlow 4000 Mix Pro earns the Sustainable Home Energy Storage System Gold Award, while Zendure receives the Smart Energy Solutions Brand Award.

BERLIN, Sept. 6, 2026 /PRNewswire/ — Zendure, a global pioneer of plug-in home energy management systems (HEMS), announced that it has received two honors at the Global Product Technology Innovation Awards 2026. Its flagship home storage system, the SolarFlow 4000 Mix Pro, won the Sustainable Home Energy Storage System Gold Award, while Zendure was named a winner of the Smart Energy Solutions Brand Award. Presented during the opening days of IFA 2026 in Berlin, the two awards recognize Zendure’s focus on the clean-energy storage sector and its lightweight, intelligent, and low-carbon approach to powering the home.

Sustainable Home Energy Storage System Gold Award — SolarFlow 4000 Mix Pro

The SolarFlow 4000 Mix Pro is a 4 kW bidirectional AC, AI-driven, all-in-one plug-in home energy storage system that brings home-storage-grade capacity and power to a plug-in form factor. A single unit scales from 8 kWh to 50 kWh, and up to 150 kWh when paired with Zendure’s PowerHub accepts up to 13 kW of total solar input, making it well-suited to larger homes, heat pumps, and EV charging. Combined with rooftop solar, it can reduce household electricity costs by up to 91%, equivalent to around €2,560 a year in a typical German scenario.

Smart Energy Solutions Brand Award — Zendure

The Smart Energy Solutions Brand Award recognizes Zendure’s broader leadership in intelligent home energy. Zendure’s SolarFlow ecosystem scales seamlessly from plug-and-play storage to whole-home energy management. At its core is Agentic HEMS, which draws on consumption, solar, weather, and dynamic-pricing data to automate energy decisions, shift usage to lower-cost periods, and cut household electricity costs, a clear step toward the company’s vision of becoming the home energy hub of the AI era.

Zendure is showcasing the SolarFlow 4000 Mix Pro and its full ZEN + Home ecosystem at IFA 2026, Hall 2.2, Stand 124, from September 4 to 8 in Berlin.

About Zendure

Driven by our purpose to accelerate a sustainable future, Zendure is a global pioneer of plug-in HEMS. With R&D and operations centers spanning major tech hubs like Silicon Valley and the Greater Bay Area, alongside Japan and Germany, our vision is to become The Home Energy Hub of the AI Era. Zendure’s mission is to empower every household worldwide with the ultimate freedom of energy control. We deliver this through the SolarFlow ecosystem—combining modular storage, intelligent power management, and flexible solar input. Scaling seamlessly from plug-and-play and retrofit storage to whole-home energy management, SolarFlow maximizes self-consumption, reduces grid dependence, and ensures reliable backup.

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SOURCE Zendure

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Creality Unveils K3, SPARKX i8 and Expanded Creative Ecosystem at IFA 2026

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BERLIN, Sept. 6, 2026 /PRNewswire/ — Creality, a global leader in 3D printing, unveiled its latest product portfolio at IFA 2026, bringing together new developments across multi-channel and multi-material 3D printing, filament recycling, resin printing, 3D scanning, laser creation, and digitally manufactured consumer products.

The new lineup arrives with recognition from the IFA Innovation Awards 2026, with the Creality M1 Filament Maker named a Winner and the new flagship K3 recognised as an Honoree. The honours highlight Creality’s continued innovation across both next-generation 3D printing and more sustainable material workflows.

Leading Creality’s 3D printing lineup are the new K3 and SPARKX i8, representing two approaches to more efficient and versatile multicolour printing. They are joined by the large-format Ender-3 V3 Mega, the new HALOT-X1 Max and HALOT-X1 Neo resin printers, the portable Pika 3D scanner, Creality’s latest A1C and T1C laser systems, and Nexbie 3D-printed footwear.

K3: Award-Recognised Multi-Channel and Multi-Material Innovation

Recognised as an IFA Innovation Awards 2026 Honoree, the K3 represents the latest evolution of Creality’s flagship K Series. Powered by the built-in KliTek™ multi-channel system, it enables nozzle swaps in just 4.8 seconds, eliminating the repeated filament retraction, reloading, and heavy purging typical of single-nozzle multicolour printers. The system cuts total print time by up to 80%* and material waste by up to 85%*.

With optional add-on accessories, the K3 unlocks advanced multi-material capabilities and mixed-nozzle printing. It handles soft, flexible filaments including TPU 85A–95A, combines materials of varying hardness in a single build, and supports hybrid nozzle configurations—pairing a 0.4 mm nozzle for high-precision outer walls with a 0.8 mm nozzle for rapid infill, boosting print efficiency by up to 30%*. Combined with an AI-assisted workflow and an open ecosystem, the K3 expands creative possibilities for makers, print farm operators, and industrial professionals alike.

*Data based on Creality’s internal testing. Actual results may vary depending on testing conditions.

M1: Award-Winning Filament Recycling

Named a Winner at the IFA Innovation Awards 2026, the M1 Filament Maker extends 3D printing into a more circular material workflow. Working with the R1 Shredder, the system enables users to process plastic and failed prints into new filament, while also supporting customised material formulations for greater experimentation and reuse.

SPARKX i8: Efficient Four-Colour Creation

The SPARKX i8 makes four-colour printing faster, cleaner, and easier to use. Its four-channel toolhead and 4-in-1 hotend keep four filaments ready at once, while a short shared melt zone minimises purging between colours, reducing material waste and transition time.

Combined with AI-assisted creation and intelligent printing features, the i8 is designed to shorten the journey from an initial idea to a finished multicolour object with fewer manual steps.

Expanding the AI-Powered Creative Ecosystem

Creality has also expanded its FDM lineup with the Ender-3 V3 Mega, combining a 420 × 420 × 420 mm build volume with support for 85A–95A TPU. Designed for large models and batch production, it brings greater scale and material flexibility to the Ender platform.

The resin lineup has grown with HALOT-X1 Max and HALOT-X1 Neo. The X1 Neo offers a compact, accessible entry point with high-resolution printing and AI-assisted creation, while the flagship X1 Max combines a 17.1 L build volume, 16K display, 40°C active heating, quad-lead-screw architecture, and a 5 L smart resin system for larger, continuous production.

For 3D scanning, the new Pika packs a seven-line blue laser and NIR scanning into a portable 260 g body, delivering accuracy up to 0.03 mm and scanning speeds of up to 110 fps. AI-powered processing and wireless connectivity further simplify the path from physical objects to editable digital models.

Creality’s latest laser solutions further extend the ecosystem into engraving, cutting, marking, and personalisation, giving creators more ways to turn digital designs into physical objects.

Beyond creative tools, Creality is showcasing the possibilities of digital manufacturing through Nexbie and its latest 3D-printed footwear collection. Models including CloudWing, CloudSpark, and CloudX combine DLP printing, advanced elastomers, and digitally engineered structures to explore new approaches to footwear design and production.

As IFA continues, Creality’s booth H20.143 remains open to visitors looking to explore its latest products and hands-on experiences. From the award-recognised K3 and M1 to new developments across multicolour printing, scanning, laser processing and digitally manufactured consumer products, the portfolio reflects Creality’s broader ambition to make advanced digital fabrication more accessible across the creative workflow.

 

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Haier Showcases AI-Powered Smart Home Ecosystem at IFA 2026

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Connected products understand and adapt to everyday needs

BERLIN, Sept. 6, 2026 /PRNewswire/ — Haier, the world’s No. 1 brand in major home appliances for 17 consecutive years*, showcased an AI-powered smart home ecosystem at IFA 2026 spanning garment care, refrigeration, cooking, entertainment, digital services and robotics. Under the theme “Home of Intelligent Possibilities,” the showcase demonstrates how connected appliances can evolve into a coordinated home that senses conditions, understands context, learns from user habits and adapts the way devices operate, creating a more intuitive and responsive experience at home.

AI That Adapts to Everyday Life

Across the portfolio, AI turns real-time information into practical adjustments. The Vision 15 washing machine uses an internal camera, sensors and algorithms to detect factors such as load size, balance and foam levels, and then adjust water levels, detergent dosing, drum movement and program settings. In refrigeration, the Maestro prototype brings several preservation technologies together. Its AI Food Care System 2.0 recognizes stored ingredients and recommends suitable conditions to help users manage food more effectively.

The ID Ultimate Series 6 oven applies the same approach to cooking. Its internal camera recognizes food, monitors cooking progress and can stop the program when the desired result has been reached. In the living room, UltraSense AI analyzes content and ambient conditions to adjust picture and sound on Haier Smart TVs in real time.

Together, these technologies extend AI into coordinated home scenarios across laundry, food care, cooking and entertainment. The hOn app brings Haier Europe’s connected products, services and home experiences together in a single digital environment, enabling them to work together around daily routines and translate connected technology into practical benefits at home.

This progression from individual products to coordinated home scenarios is already reaching users at scale. According to Euromonitor International, Haier Smart Home was recognized as the world’s No. 1 smart home enterprise based on global smart home revenue in 2025. Haier smart home platform has surpassed 130 million registered users worldwide and recorded 86.1 billion smart scene interactions in 2025.

Extending Intelligence Into Physical Interaction

Haier also showed how AI and embodied intelligence could translate smart home intelligence into physical tasks. The showcase featured humanoid robots interacting with appliances, robotic cleaning systems designed to recognize objects and different types of dirt, along with companion robots developed for voice assistance and personalized support.

The Haier Exoskeleton extended this theme beyond the home. Its sensors and algorithms interpret movement intentions in real time and adjust the assistance provided to each user, supporting mobility while preserving natural movement. Together, the demonstrations reflect Haier’s work to connect AI, appliances and robotics around practical human needs.

This technology portfolio is supported by Haier’s “10+N” open innovation system, which connects global research resources with local user insights. In the first half of 2026, Haier topped on IPRdaily’s global smart home invention patent list for the 15th consecutive time. Looking ahead, Haier plans to invest at least 13 billion euros over the next five years, with a focus on foundational technologies including artificial intelligence, semiconductors and IoT security to underpin its AI-native transformation.

Haier’s presence at IFA also highlights its global sports partnerships under the “Play with the Number Ones” concept, connecting the pursuit of excellence in sports with the brand’s focus on innovation, performance and better user experiences worldwide.

Visitors can experience Haier’s smart home technologies in Hall 3.1 at Stand 101 during IFA 2026 in Berlin from Sept. 4 to 8.

*Source: Euromonitor International Limited; Consumer Appliances 2026 Edition; % unit share, 2025 volume sales data

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