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Digital Twins in Construction – Thematic Research

Pages: 51 Published: January 30, 2021 Report Code: GDCON-TR-S013

In the construction sector, digital twins are being used to make investment decisions based on actionable data, such as assessing the performance of buildings in real-time and adjusting performance to optimize efficiency. They allow designs and concepts to be tested and, during the construction phase, enable the monitoring of progress against plans, monitoring of resources and prediction of resource requirements, and improve safety by identifying potentially hazardous situations.

The digital twins in construction thematic research report highlights key technology, macroeconomic and regulatory trends impacting the digital twins theme. Furthermore, it discusses the use cases of digital twins, mergers & acquisitions activities, and value chains.

Digital Twins in Construction: Key Trends

The key trends that are associated with the digital twins theme can be classified into three categories: technology trends, macroeconomic trends, and regulatory trends.

  • Technology trends – The key technology trends impacting the digital twins theme include 6G, digital partnerships, personalized medicine, and data cleansing.
  • Macroeconomic trends – The key macroeconomic trends that will shape the digital twins theme are combatting COVID-19, creating national digital twins, and digital twins & climate change.
  • Regulatory trends – The key regulatory trends impacting the digital twins theme include meeting the cyber threat and digital twins in shipping.

For more insights on key trends shaping the digital twins theme, download a free report sample

Digital Twins in Construction – Industry Analysis

Digital twins break organizational barriers and data silos by building cloud data infrastructure with modern microservices and APIs, enabling companies to share, query, analyze, and merge information between different data sources. It also promises to deliver operational efficiency, new product, service, and business opportunities across multiple sectors, but they are not without their challenges.

The digital twins in the construction industry analysis also cover:

  • Use cases in buildings, infrastructure, and energy
  • Mergers and acquisitions
  • Timeline

Digital Twins in Construction - Value Chain Analysis

GlobalData’s digital twins value chain consists of six segments: the physical layer, the connectivity layer, the data layer, the platform layer, the app layer, and the services layer.

Physical Layer: Digital twins are used to represent physical assets across numerous industries. They include buildings and infrastructure, industrial facilities such as manufacturing and oil and gas plants, critical urban infrastructures such as hospitals, transport, cities, and perhaps the most complex physical element to represent: the human body.

Digital Twins Value Chain Analysis

Digital Twins Value Chain Analysis

For more insights on the digital twins value chains, download a free report sample

Leading Public Companies Associated with the Digital Twins Theme

Some of the leading public companies that are associated with the digital twins are ABB, Ansys, Bentley Systems, Cisco, IBM, Lendlease, Microsoft, and PTC.

To know more about the leading public companies associated with the digital twins theme, download a free report sample

Leading Private Companies Associated with the Digital Twins Theme

The leading private companies associated with the digital twins theme are Cityzenith, Imec, Iotics, Robert Bosch, and Slingshot Simulations.

To know more about the leading private companies associated with the digital twins theme, download a free report sample

Application Software Sector Scorecard

At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecards have three screens: a thematic screen, a valuation screen, and a risk screen. The application software sector scorecard has three screens:

  • The thematic screen tells us who are the overall leaders in the 10 themes that matter most, based on our thematic engine.
  • The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
  • Our risk screen ranks companies within a sector based on overall investment risk.

Application Software Sector Scorecard – Thematic Screen

Application Software Sector Scorecard – Thematic Screen

To know more about the sector scorecards, download a free report sample

Digital Twins in Construction Market Overview

Report Pages 51
Regions Covered Global
Key Trends Technology Trends, Macroeconomic Trends, and Regulatory Trends
Value Chains Physical Layer, Connectivity Layer, Data Layer, Platform Layer, App Layer, and Services Layer
Leading Public Companies ABB, Ansys, Bentley Systems, Cisco, IBM, Lendlease, Microsoft, and PTC
Leading Private Companies Cityzenith, Imec, Iotics, Robert Bosch, and Slingshot Simulations

Scope

  • This report provides an overview of the digital twins theme.
  • It identifies the key trends impacting the growth of the theme over the next 12 to 24 months, split into three categories: technology trends, macroeconomic trends, and regulatory trends.
  • It includes a comprehensive industry analysis, including use cases for digital twins across a range of industries, including manufacturing, power, oil and gas, healthcare, construction, automotive, and aerospace and defense.
  • The detailed value chain comprises six layers: a physical layer, a connectivity layer, a data layer, a platform layer, an app layer, and a services layer.

Reasons to Buy

The range of potential use cases for digital twins is extensive. They range from design and architecture to engineering, smart cities, aerospace and defense, power, oil and gas, and, probably the most advanced, a digital twin of the human body. This report tells you everything you need to know about digital twins, including identifying the current leaders in some of the most important segments of our digital twins value chain.

Table of Contents

Executive summary

Players

Technology briefing

Trends

Industry analysis

Value chain

Companies

Sector Scorecards

Glossary

Further reading

| Our thematic research methodology

| About GlobalData

| Contact Us

Frequently Asked Questions

The key technology trends that will impact the digital twins theme include 6G, digital partnerships, personalized medicine, and data cleansing.

The key macroeconomic trends that will impact the digital twins theme are combatting COVID-19, creating national digital twins, and digital twins & climate change.

The key regulatory trends that will impact the digital twins theme include meeting the cyber threat and digital twins in shipping.

GlobalData’s digital twins value chain consists of six segments: the physical layer, the connectivity layer, the data layer, the platform layer, the app layer, and the services layer.

Some of the leading public companies that are associated with the digital twins theme are ABB, Ansys, Bentley Systems, Cisco, IBM, Lendlease, Microsoft, and PTC.

The leading private companies associated with the digital twins theme are Cityzenith, Imec, Iotics, Robert Bosch, and Slingshot Simulations.

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