+91-8668442535

France Cyber-Physical Systems (CPS) Market By Component (Hardware, Software, Services) By Deployment (On-Premise, Cloud) By Vertical (Automotive, Energy & Utility, Healthcare, Manufacturing, Consumer Electronics, Other Applications) - Growth, Future Prospects & Competitive Analysis, 2016 – 2028

About this report

The France Cyber-Physical Systems (CPS) Market report explores the critical analysis of the France Cyber-Physical Systems (CPS) industry using key parameters. The report consists of investment strategies, the need for investments in the France Cyber-Physical Systems (CPS) industry, and the multiple benefits for the investors. Importantly, this report sets out major changes in the technical regulations for the France Cyber-Physical Systems (CPS) industry, as well as how economic and non-economic barriers are helping the France Cyber-Physical Systems (CPS) market. Moreover, the report analyses the regional and country-level historic and forecasted market size. The report also provides a comprehensive analysis of key investment propositions, demand and supply gap, competitors positioning, STAR analysis, SRC analysis, and Tornado analysis. Key technological developments and other analyses such as porter's five forces analysis, PESTEL analysis, value chain analysis, etc.

france-cyber-physical-systems-cps-market

Key Highlights of the report

How are the major segments performing in the France Cyber-Physical Systems (CPS) Market?

  • In 2021, the hardware segment dominated the France cyber-physical systems (CPS) market. This can be attributed to the falling cost of networking and IoT sensors.
  • In 2021, the on-premise category dominated the market because CPS combines software programs and the hardware infrastructure required to support them. It can monitor real-time data generated on the factory floor or in the field and assist decision-makers in controlling operations.
  • In 2021, the automotive and energy & utility sectors collectively represented more than half of the market share. The cyber-physical system assures optimal energy use by preventing extra energy usage. The multiple mechanical subsystems in the automotive sector, including the brakes, engine, suspension, and steering, are also controlled by electronic control units (ECUs) in the vehicles.

Which region dominated the France Cyber-Physical Systems (CPS) Market?

The France market is predicted to have one of the highest rates of cyber-physical system usage. The demand for cyber-physical systems is anticipated to rise since France has a highly developed infrastructure for the energy, utility, industrial, and automotive industries. France has enormous prospects because of the rise in demand for wireless communication technologies that help to lessen traffic congestion or time management concerns associated with commuting.

What is the competitive environment of the France Cyber-Physical Systems (CPS) Market?

Sophisticated nations are embracing smart technologies, like France, to create an effortless working environment. There is an increasing demand for cyber-physical systems throughout France, forcing vendors and service providers to work with solution providers and connect multiple communication platforms to accelerate the adoption of such systems.

Executive Summary

How has adopting a cyber-physical system in France been boosted by reducing prices for networking and sensors?

A cyber-physical system is a computer system that manages or monitors a mechanism using computer-based algorithms (CPS). Software and physical components are intricately entwined in cyber-physical systems, which can operate on various temporal and geographic scales, exhibit a variety of diverse behavioral modalities, and interact with one another in context-dependent ways. The main parts of a cyber-physical system include actuators, sensors, processing units, storage units, and software. The system's overall cost is reduced due to the falling cost of sensors, making it affordable for small and medium-sized businesses. This consequently fuels the acceptance and use of cyber-physical systems across numerous industries. Furthermore, France's adoption of cyber-physical systems is aided by the expanding economies of various emerging nations. Due to the change in these countries' spending patterns and their positive attitude toward such systems for a better end-user experience, the demand for and adoption of new technologically advanced systems like IoT and CPS would soar.

Which are the key investments by the players in the France Cyber-Physical Systems (CPS) Industry Market?

Investment in R&D and collaborations with research organizations for product development are the main strategies used by several providers of cyber-physical systems. Vendors employ technology to expedite business transformation and growth goals by expanding their partner network.

Some major players in the market are Microsoft Corporation, IBM Corporation, Dell EMC, Hewlett Packard Enterprise, VMware Inc., Schneider Electric SE, Honeywell International Inc., SAP SE, Hitachi Vantara, Intel Corporation, and Oracle Corporation.

What are Major Driving Factors for the France Cyber-Physical Systems (CPS) Market?

The rise in the implementation of cyber-physical systems is a critical factor accelerating market growth, as is the rise in the integration of artificial intelligence in various industries, the rise in the presence of manufacturers and vendors in the market, the rise in new technologies and improvements in the existing structures of cyber-physical systems, and the rise in the adoption of cyber-physical systems in manufacturing industries to reduce errors. Furthermore, increased technological developments and modernization of manufacturing practices increased research & development efforts, and increased demand from emerging economies will provide new opportunities for the cyber-physical systems market throughout the projection period. In developed nations like France and others, the average household income is expected to rise sharply in the upcoming years. Since these countries have seen a change in their spending patterns and have demonstrated positive flexibility toward such systems for a better end-user experience, this will dramatically increase demand for and acceptance of new technologically advanced systems like IoT and CPS. The growing economic expansion is expected to fuel the global market for cyber-physical systems.

What are the Major Risks for the France Cyber-Physical Systems (CPS) Market?

The lack of security these systems come with is the main barrier preventing the expansion and adoption of cyber-physical systems. Any system connected to the cloud is vulnerable to hacker attacks and data breaches. The market's expansion is also being hindered by the market's rising R&D costs, which will continue to challenge the market for cyber-physical systems over the projection period.

Which is the Key Vertical in the France Cyber-Physical Systems (CPS) Market?

Based on the vertical, the France Cyber-Physical Systems (CPS) market is segmented into automotive, energy and utility, healthcare, manufacturing, consumer electronics, and other applications. In 2021, the automotive and energy & utility segments collectively held over half of the market share. By preventing excess energy, the cyber-physical system ensures the best possible energy use. The smart grid is the primary application of a cyber-physical system in the energy and utility sectors. Additionally, in the automotive industry, the cars' numerous mechanical subsystems, like the brakes, engine, suspension, and steering, are driven by Electronic Control Units (ECUs). Thus, the increasing use of embedded cyber-physical systems in automobiles is anticipated to drive up demand for these systems in the automotive industry.

How is the France Cyber-Physical Systems (CPS) Market performing in regions?

The France market is expected to show one of the highest levels of cyber-physical system usage in Europe. Since France has a sophisticated infrastructure for the energy, utility, industrial, and automotive industries, demand for cyber-physical systems is expected to increase. The demand for the cyber-physical system in France is expected to increase over the next few years due to significant government investment and infrastructure development for the automobile, energy, and sophisticated technologies across many sectors, among other factors.

What is the regulatory landscape for the France Cyber-Physical Systems (CPS) Market?

The lack of security in cyber-physical systems is preventing their adoption and growth. Any form of system that is connected to the cloud is vulnerable to data breaches and cyberattacks. Cyber-physical systems are used in various sectors, including manufacturing, healthcare, and the automotive industries. As a result, they contain valuable data and information that could be compromised and result in a disaster. Therefore, it is expected that the cyberattacks on databases used in manufacturing and the healthcare industry would impose numerous regulations on the government and other sectors.

What is the Market Size of France Cyber-Physical Systems (CPS) regarding value?

The France Cyber-Physical Systems (CPS) Market is anticipated to grow at a substantial CAGR of 9.95% in the upcoming years. The France Cyber-Physical Systems (CPS) industry was estimated to be worth USD 2,733.84 million in 2021 and was expected to be worth USD 5,623.73 million by 2028.

What role does EP-CPS have in France Cyber-Physical Systems (CPS)?

An Energy Production Cyber-Physical System (EP-CPS) is a collection of automated control systems for monitoring and managing physical processes. Practically every industry can employ EP-CPS. For instance, physical processes like wind turbines or solar panels that produce electric energy from renewable sources are monitored and controlled in the electricity sector. This category also includes different types of automation for production lines in factories that use a process control system (PCS) to produce things.

Segmentation of France Cyber-Physical Systems (CPS) Market-

France Cyber-Physical Systems (CPS) Market – By Component

  • Hardware
  • Software
  • Services

France Cyber-Physical Systems (CPS) Market – By Deployment

  • On-Premise
  • Cloud

France Cyber-Physical Systems (CPS) Market – By Vertical

  • Automotive
  • Energy & Utility
  • Healthcare
  • Manufacturing
  • Consumer Electronics
  • Other Applications

France Cyber-Physical Systems (CPS) Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently asked questions about the France Cyber-Physical Systems (CPS) industry

COVID-19 is expected to negatively affect the France Cyber-Physical Systems (CPS) market.

North America accounted for the highest share of the France Cyber-Physical Systems (CPS) market.

Increased technological developments and modernization of manufacturing practices, increased research & development efforts, and increased demand from emerging economies will provide new opportunities for the cyber-physical systems market throughout the projection period.

The hardware segment had a major share in 2021, with more than 50% of the market revenue share.

The on-premise segment had a major share in 2021, with more than 80% of the market revenue share.

France Cyber-Physical Systems (CPS) Market Scope

Report Attribute Details
Market Value in 2021 USD 2,733.84 million
Market Value in 2028 USD 5,623.73 million
CAGR 9.95%
Benchmarking Year 2021
Past data 2016 – 2021
Forecast period 2022 – 2028
Choose License Type
Trusted By
Godaddy
Published Date:  Oct 2022
Category:  Technology & Media
Report ID:   60725
Report Format:   PDF
Pages:   75
Rating:    4.6 (60)
Delivery Time: 24 Hours to 48 Hours   
Connect With Us
+91-8668442535
24/7 Research Support