Digital Twin - Technology Trends
In recent years, Digital Twins have become an integral part of advanced manufacturing paradigm and are routinely used in design, monitoring, development, and control. In 2019, they generated a market of $3.8B that is expected to reach $38.5B in 2025. Originally stemming from computer aided design to create a digital model of the future product (Digital Twins stage I), they have expanded their characteristics and role. From being a mere digital model, they have moved to become a digital mirror (Digital Twins stage II), allowing simulation and monitoring of a product operation). Furthermore, their modelling capability has been extended to cover services and processes. The uptake of embedded IoT and a pervasive communications infrastructure made a continuous interaction between the Digital Twin and its corresponding Physical Twin, thus extending the simulation into a co-operation (Digital Twin stage III) possible. This evolution has resulted in their adoption beyond manufacturing, and we