Affiliation:
1. Kumaraguru College of Technology, India
Abstract
Industry 4.0 connects machines and systems, merging the physical and digital worlds using IoT (internet of things), robotics, AI (artificial intelligence), and more. Industry 5.0 integrates humans with advanced tech like quantum computing, digital twins, and cobots for collaborative and efficient production. Digital manufacturing's CAGR (compound annual growth rate) is predicted to rise, reaching $450 billion by 2027. Challenges include human-robot communication. VR plays a significant role in marketing and product promotion. Additive manufacturing reduces waste and is expected to grow to $150 billion. Industry 4.0 and 5.0 roadmap future industrial progress, with Industry 5.0 emphasizing human-robot collaboration. This chapter encourages further exploration of these transformative technologies.