KGH RESEARCH & ADVISORY

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Year End Offer: Get 20% Off on All Report Purchases with Code: YEAREND2025
Year End Offer: Get 20% Off on All Report Purchases with Code: YEAREND2025
Year End Offer: Get 20% Off on All Report Purchases with Code: YEAREND2025

Industrial Automation

Digital Twin Market

Market Overview: The global digital twin market was valued at approximately USD 15.5 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 54.8% from 2025 to 2032. The market is primarily driven by the increasing adoption of IOT, and industrial IOT.

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Continuous Thermal Monitoring Systems Market

Market Overview: The global continuous thermal monitoring systems market was valued at approximately USD 1.1 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2032. Growing adoption of predictive maintenance strategies and IoT-enabled smart monitoring solutions is accelerating market growth.

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