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Internet of Things (IoT) in Chemical Industry: Global Strategic Business Report

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    Report

  • 93 Pages
  • September 2023
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303260

Quick Summary:

Dive into the revolutionary intersection of the chemical industry and digital technology with our comprehensive market research report on the Global Internet of Things (IoT) in Chemical Industry. This report holds a treasure trove of insights into what is projected to be a whopping US$108.4 Billion market by 2030. Spanning across the upcoming 8-year period, the report presents valuable analysis and predictions revealing how IoT technologies are poised to transform the efficiency, safety, and profitability of chemical industry operations.

Additionally, the report provides a detailed look at the competitive landscape with in-depth coverage of top contenders like Microsoft Corporation, Cisco Systems Inc., and Honeywell International Inc., among others. Whether you're looking to understand the big-picture market trends or make informed investment decisions, this report is a crucial resource. Make sure you're well-equipped to navigate the Internet of Things in the Chemical Industry space with our comprehensive report, and be a part of this transformative journey.

Global Internet of Things (IoT) in Chemical Industry Market to Reach $108.4 Billion by 2030

The global market for Internet of Things (IoT) in Chemical Industry estimated at US$57.1 Billion in the year 2022, is projected to reach a revised size of US$108.4 Billion by 2030, growing at a CAGR of 8.3% over the analysis period 2022-2030. Enabling Technology, one of the segments analyzed in the report, is projected to record 8.9% CAGR and reach US$65.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Operational Technology segment is readjusted to a revised 7.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $16.7 Billion, While China is Forecast to Grow at 7.8% CAGR

The Internet of Things (IoT) in Chemical Industry market in the U.S. is estimated at US$16.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.7 Billion by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 6.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.4% CAGR.

Select Competitors (Total 37 Featured) -

  • 3D Systems Corporation
  • ABB Ltd.
  • Atos SE
  • Cisco Systems, Inc.
  • Denso Corporation
  • Emerson Electric Co.
  • Fanuc Corporation
  • Fortive
  • General Electric Co.
  • Hewlett Packard Enterprise Company
  • Honeywell International Inc.
  • International Business Machines Corporation
  • Microsoft Corporation
  • Mitsubishi Electric Corporation
  • Qualcomm Inc.
  • Rockwell Automation, Inc.
  • Samsung Electronics Co. Ltd
  • Schneider Electric SE
  • Siemens AG
  • Stratasys Ltd.
  • Texas Instruments Inc.
  • Yokogawa Electric Corporation

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Internet of Things (IoT) in Chemical Industry

What is the estimated value of the Global Market for Internet of Things (IoT) in Chemical Industry?

The Global Market for Internet of Things (IoT) in Chemical Industry was estimated to be valued at $57.1 Billion in 2022.

What is the growth rate of the Global Market for Internet of Things (IoT) in Chemical Industry?

The growth rate of the Global Market for Internet of Things (IoT) in Chemical Industry is 8.3%, with an estimated value of $108.4 Billion by 2030.

What is the forecasted size of the Global Market for Internet of Things (IoT) in Chemical Industry?

The Global Market for Internet of Things (IoT) in Chemical Industry is estimated to be worth $108.4 Billion by 2030.

Who are the key companies in the Global Market for Internet of Things (IoT) in Chemical Industry?

Key companies in the Global Market for Internet of Things (IoT) in Chemical Industry include 3D Systems Corporation, ABB Ltd., Atos SE, Cisco Systems, Inc., Denso Corporation, Emerson Electric Co., Fanuc Corporation, Fortive, General Electric Co. and Hewlett Packard Enterprise Company.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Internet of Things (IoT) in Chemical Industry - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 2: World 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
TABLE 3: World Recent Past, Current & Future Analysis for Enabling Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 4: World 8-Year Perspective for Enabling Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Operational Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 6: World 8-Year Perspective for Operational Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 7: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 8: World 8-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 9: World Recent Past, Current & Future Analysis for Pharmaceuticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 10: World 8-Year Perspective for Pharmaceuticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 12: World 8-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 13: World Recent Past, Current & Future Analysis for Paper & Pulp by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 14: World 8-Year Perspective for Paper & Pulp by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 15: World Recent Past, Current & Future Analysis for Mining & Metals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 16: World 8-Year Perspective for Mining & Metals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
TABLE 17: World Internet of Things (IoT) in Chemical Industry Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
TABLE 18: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 19: USA 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 20: USA Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 21: USA 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
CANADA
TABLE 22: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 23: Canada 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 24: Canada Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 25: Canada 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
JAPAN
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
TABLE 26: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 27: Japan 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 28: Japan Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 29: Japan 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
CHINA
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
TABLE 30: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 31: China 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 32: China Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 33: China 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
EUROPE
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
TABLE 34: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
TABLE 35: Europe 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
TABLE 36: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 37: Europe 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 38: Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 39: Europe 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
FRANCE
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
TABLE 40: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 41: France 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 42: France Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 43: France 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
GERMANY
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
TABLE 44: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 45: Germany 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 46: Germany Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 47: Germany 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
ITALY
TABLE 48: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 49: Italy 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 50: Italy Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 51: Italy 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
UNITED KINGDOM
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
TABLE 52: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 53: UK 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 54: UK Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 55: UK 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
REST OF EUROPE
TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 57: Rest of Europe 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 58: Rest of Europe Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 59: Rest of Europe 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
ASIA-PACIFIC
  • Internet of Things (IoT) in Chemical Industry Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 61: Asia-Pacific 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 62: Asia-Pacific Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 63: Asia-Pacific 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
REST OF WORLD
TABLE 64: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Type - Enabling Technology and Operational Technology - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 65: Rest of World 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Type - Percentage Breakdown of Value Sales for Enabling Technology and Operational Technology for the Years 2023 & 2030
TABLE 66: Rest of World Recent Past, Current & Future Analysis for Internet of Things (IoT) in Chemical Industry by Vertical - Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
TABLE 67: Rest of World 8-Year Perspective for Internet of Things (IoT) in Chemical Industry by Vertical - Percentage Breakdown of Value Sales for Chemicals, Pharmaceuticals, Food & Beverage, Paper & Pulp and Mining & Metals for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3D Systems Corporation
  • ABB Ltd.
  • Atos SE
  • Cisco Systems, Inc.
  • Denso Corporation
  • Emerson Electric Co.
  • Fanuc Corporation
  • Fortive
  • General Electric Co.
  • Hewlett Packard Enterprise Company
  • Honeywell International Inc.
  • International Business Machines Corporation
  • Microsoft Corporation
  • Mitsubishi Electric Corporation
  • Qualcomm Inc.
  • Rockwell Automation, Inc.
  • Samsung Electronics Co. Ltd
  • Schneider Electric SE
  • Siemens AG
  • Stratasys Ltd.
  • Texas Instruments Inc.
  • Yokogawa Electric Corporation