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
VP Research
Malavika is a VP Research at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more efficien...
View ProfileOther related content
Operating models built around predictable supply and long planning cycles are struggling under sustained disruption. Industrial firms face mounting pressure from energy volatility,...
Upcoming / 26 January, 2027
Maintenance and reliability leaders face three converging pressures: ageing equipment that is becoming harder to maintain, experienced technicians retiring and expectations for upt...
Upcoming / 17 December, 2026
Generative and agentic AI are changing the economics of industrial software, introducing variable, compute-heavy costs that sit uneasily with fixed SaaS subscriptions. Industrial b...
Upcoming / 25 November, 2026
AI experimentation is widespread across industrial operations, but turning pilots into repeatable business value remains a challenge. As experienced technicians retire and critical...
Upcoming / 24 November, 2026
Democrats won majorities in both chambers of the US Congress in the 2026 midterms. From January 2027, they’ll decide which issues get hearings and have more leverage over federal s...
11 November, 2026
Process safety incidents happen when risk signals go unrecognised in time to act. The challenge for many organisations is that their software is built to record what occurred rathe...
03 November, 2026