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

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    Report

  • 93 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303260
Description Jump to:

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

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 (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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

Table Information

Report AttributeDetails
No. of Pages93
PublishedApril 2024
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 57.1 Billion
Forecasted Market Value ( USD ) by 2030 $ 108.4 Billion
Compound Annual Growth Rate8.3%
Regions CoveredGlobal

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