Strategic Focus: High Value Use Cases And Benefits Of Operationalizing Digital Twins With Process Simulations
Kiran Darmasseelane
Access this research
Access all Industrial Transformation Leaders content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
Verdantix predicts that the market for industrial digital twins will grow from $1.2 billion in 2022 to $27.6 billion in 2040. This report explores how physics-based process simulations enhance the creation of digital twins and discusses the benefits of combining operational data with process simulation tools. Advantages of using process simulation tools with digital twins include optimizing asset run time as well as processes in real time, investigating the consequences of proposed actions, achieving emissions reductions while optimizing production, and delivering safe, efficient and sustainable remote operations.
Physics-Based Simulations Support The Creation Of An Autonomous Digital Twin
Appetite For Process Simulation Digital Twins Rises, Driven By Technology Innovations
Industrial Firms Leverage Process Simulation Digital Twins For A Step Change In Value Gained
About the Authors
Kiran Darmasseelane
Senior Manager
Kiran is a Senior Manager at Verdantix, delivering data-driven insights on emerging technologies and global market trends for asset-intensive sectors such as energy, manufactu...
Malavika Tohani
Research Director
Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...
View ProfileOther related content
Industrial firms around the world are being hammered by operational dislocations and disruptions. Labour shortages, supply chain chokepoints, fast-changing import tariffs, rapid sh...
Upcoming / 25 March, 2026
Episode 30 Global supply chains are under immense stress. Whether it’s a case of sanctioned goods and impure materials or unethical labour practices, the potential for hidden ri...
27 January, 2026
Labour shortages have become one of the most significant constraints facing industrial and manufacturing firms today. Attrition, an ageing workforce and growing skills requirements...
Upcoming / 18 February, 2026
On December 17, 2025, IFS announced that it had entered into a definitive agreement to acquire Softeon, a provider of cloud-native warehouse management, warehouse execution and dis...
22 December, 2025
Everyone’s talking about how nuclear power can fuel AI. But what if we flipped the script? AI shouldn’t just be powered by nuclear; it should help power nuclear operations itself. ...
04 December, 2025
Watch Verdantix analyst, Sayanh Alam, Maximl founder CEO Pankaj , and Sumit Duttagupta of Haldia Petrochemical discuss why CoW digitalization is a top priority for process indus...
27 November, 2025