Internet of Things (IoT) Technologies for Process Manufacturing: Global Markets

  • ID: 4450232
  • Report
  • Region: Global
  • 187 Pages
  • BCC Research
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The Global Market for IoT Process Manufacturing Technologies will Grow from $750.4 Million in 2017 to $2.7 Billion by 2022

FEATURED COMPANIES

  • ABB Inc.
  • Cognizant Ltd.
  • Flowserve
  • Kepware Inc.
  • Nextnine Ltd.
  • Schunk Gmbh & Co. Kg
  • MORE

Report Highlights:

  • The global market for IoT process manufacturing technologies will grow from $750.4 million in 2017 to $2.7 billion by 2022 with a compound annual growth rate (CAGR) of 28.7% for the period of 2017-2022.
  • The hardware market will grow from $314.3 million in 2017 to $1.0 billion by 2022 with a CAGR of 26.8%.
  • The software market will grow from $374.8 million in 2017 to $1.4 billion by 2022 with a CAGR of 31.0%.

Report Includes:

  • An overview of the global market for process manufacturing Internet of Things (IOT) solutions
  • Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
  • Insight into how new technology shaped by requirements for IOT applications will create new product categories or bring new life to existing products
  • A look at factors driving the market, such as lower power and longer battery life, improved networking capability, advanced software solutions, and increased access to real-time data
  • Coverage of applications, including building materials, chemicals, energy, food, pharmaceuticals, and textiles
  • Company profiles of major players in the industry

Report Scope:

The building of IoT solutions includes three main components: hardware, software and networking. The markets are broken down into subsets. Hardware consists of sensors, programmable logic controllers and distributed control systems. Software involves IoT platforms, big data and security solutions. Networking is available in wired or wireless configurations.

This report examines the technologies, markets and factors influencing the markets for IoT systems. Markets are forecast based on historical activity and current opportunities, technical advances and challenges, and five subsets of the process market: oil and gas suppliers, food suppliers, metals, plastics and chemicals.

The forecasts presented are for the total available markets. Discussion is provided that compares actual revenues with market potential. Markets are broken down by technology and sector, and then discussed within the context of technology trends. A detailed analysis of the technology and market potential is used as a basis for estimating world markets for these products. Thorough analyses are carried out of IoT practices, along with trends toward the uptake of solution costs, emerging standards and common practices.

Prime decision makers in the project chain who select the type and scope of IoT projects are identified. Factors influencing the requirements and purchases for the systems are examined, as are national and international responses to global challenges.

In this report, the IoT market is segmented into three product areas-hardware, software, and networking-and five vertical markets: oil and gas, food, pharmaceuticals and life sciences, plastics and metal. Hardware includes three types of factory floor devices: sensors, programmable logic controllers and distributed system controllers. Software consists of IoT platforms, big data and security. Networking is comprised of wired and wireless connections. The revenue numbers are for global sales.

Manufacturing is a mature market that is growing at a low single-digit rate. Of the five products segments, pharmaceuticals and food will grow at the fastest rates. A push to expand healthcare in industrialized countries will lead to more drug use. The global expansion will continue, and food will be available in more locations. Competition is fierce in established market and increasing in less established ones, which will spark innovation and the use of technology for competitive advantage.

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FEATURED COMPANIES

  • ABB Inc.
  • Cognizant Ltd.
  • Flowserve
  • Kepware Inc.
  • Nextnine Ltd.
  • Schunk Gmbh & Co. Kg
  • MORE

1. Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Regional Breakdown
  • Analyst's Credentials

2. Summary and Highlights

3. Market and Technology Background

  • IoT in Manufacturing
  • Process Manufacturing Industry Trends
  • IoT Evolution
  • Things Gain Intelligence
  • Need to Change
  • IoT Business Benefits
  • Beyond Machine-to-Machine Communication
  • How the IoT Works
  • Design Options
  • Fitting the Pieces Together
  • Getting a Fresh Start
  • Business Value of Industrial IoT Applications
  • Factors Driving Manufacturing
  • IoT Challenges
  • Legacy System Shortcomings
  • Revamping Business Processes
  • Devices
  • Embedded System Challenges
  • Getting Everything into Harmony
  • System Limitations
  • Complex System
  • Network Architecture
  • Need for a Central Platform
  • Security Challenges
  • High Level of Commitment
  • Need for Standards
  • Considerations
  • Meeting the Network Needs
  • IoT Standards Organizations
  • Association for Advancing Automation
  • Association for Manufacturing Technology
  • American National Standards Institute
  • Association for Packaging and Processing Technology
  • AVnu Alliance
  • Embedded Linux and Android Alliance
  • International Electrotechnical Commission
  • Industrial Internet Consortium
  • International Society of Automation
  • International Standards Organization
  • Modelica Association
  • MTConnect Institute
  • National Institute of Standards and Technology
  • Organization for the Advancement of Structure Information Standards
  • Organization for Machine Automation and Control
  • Object Management Group
  • OPC Foundation
  • OPX Leadership Foundation
  • PLCopen
  • RAIN RFID
  • Devising a Plan
  • Changes in Thinking
  • Finding a Use Case
  • IoT Application Categories
  • IoT Difference
  • Connected Supply Chain
  • IoT Applications in Action

4. Market Breakdown by Technology Type: IoT Process Manufacturing Software

  • Emergence of IoT Platforms
  • IoT Business Benefits
  • Striving for the Ultimate Goal
  • Need for Developer Talent
  • Reducing Risk
  • Big Data as a Big Force
  • Big Data Challenges
  • Failure of Traditional Tools
  • Volume, Variety, Velocity and Variability Defining Big Data
  • Proper Connection
  • Master Data Management
  • Big Data's Management Challenges
  • Mining for Gold
  • Truth or Dare
  • Current Happenings
  • Diving Deeper into the Data
  • Incomplete Picture
  • Parallel Structure
  • Need for Speed
  • Aggregation
  • Working with Large Data Sets
  • Integrating Data from Multiple Sources
  • Automating Data Collection
  • Analyzing Data and Identifying Actionable Insights
  • Growing Importance of Analytics
  • Making the Right Connection
  • Finding the Right Rule
  • Examining All Options
  • Dynamic Case Management Capabilities
  • Sensing Big Changes
  • Edge Data Potential
  • Edge Data's Many Uses
  • Predictive Analytics' Tremendous Potential
  • Security Software’s Growing Importance
  • IoT Devices and Security
  • Building Security from the Ground Up
  • Installing Barriers
  • Security Complexity
  • Importance of Application-Level Security
  • Specialization

5. Market Breakdown by Technology Type: IoT Hardware

  • Visibility
  • New Hardware Directions
  • Impact of Globalization
  • Embedded Systems
  • Sensors
  • Distributed Control Systems
  • Changing Plant Floor
  • Latest DSC Developments
  • Programmable Logic Controllers
  • PLC Functionality
  • PLC Advances
  • Next-Generation PLCs
  • PLC Improvements

6. Market Breakdown by Technology Type: IoT Networking

  • Fieldbus: First-Generation Industrial Networking
  • Ethernet's Legacy
  • Ethernet in the Factory
  • EtherNet/IP's Benefit
  • Seeing Stars
  • Meeting I/O Challenges
  • Monitoring Ethernet Connections
  • Simplifying Configurations
  • Network Optimization
  • Looking Ahead
  • Impact of Wireless Network Connections
  • Wi-Fi: A Popular Networking Option
  • HaLow Effect
  • Li-Fi Versus Wi-Fi
  • Bluetooth 5.0
  • Low on Bandwidth
  • Near-Field Communications
  • SigFox

7. Company Profiles

List of Tables:
Summary Table: Global Market for IoT Process Manufacturing Technologies, by Type, Through 2022
Table 1: Global Market for IoT Process Manufacturing Technologies, by Region, Through 2022
Table 2: Internet of Things System Benefits
Table 3: Elements of the Internet of Things
Table 4: IoT Standards Bodies
Table 5: Global Market for IoT Process Manufacturing Software, by Type, Through 2022
Table 6: Global Market for IoT Process Manufacturing Platform Software, by End Use, Through 2022
Table 7: Top Five IoT Process Manufacturing Software Platform Suppliers, 2017
Table 8: Top Five IoT Process Manufacturing Software Platform Oil and Gas Suppliers, 2017
Table 9: Top Five IoT Process Manufacturing Software Platform Food Suppliers, 2017
Table 10: Top Five IoT Process Manufacturing Software Platform Pharmaceuticals and Life Science Suppliers, 2017
Table 11: Top Five IoT Process Manufacturing Software Platform Plastics Suppliers, 2017
Table 12: Top Five IoT Process Manufacturing Software Platform Metals Suppliers, 2017
Table 13: Changing Data Management Platform, 1980s-2017
Table 14: Big Data Ecosystem
Table 15: Global Market for IoT Process Manufacturing Big Data Software, by End Use, Through 2022
Table 16: Top Five IoT Process Manufacturing Big Data Software Suppliers, 2017
Table 17: Top Five IoT Process Manufacturing Big Data Software Platforms, Oil and Gas Suppliers, 2017
Table 18: Top Five IoT Process Manufacturing Big Data Software, Food Suppliers, 2017
Table 19: Top Five IoT Process Manufacturing Big Data Software, Pharmaceuticals and Life Science Suppliers, 2017
Table 20: Top Five IoT Process Manufacturing Big Data Software, Plastics Suppliers, 2017
Table 21: Top Five IoT Process Manufacturing Big Data Software, Metals Suppliers, 2017
Table 22: Global Market for IoT Process Manufacturing Security Solutions, by End Use, Through 2022
Table 23: Top Five IoT Process Manufacturing Security Solutions Suppliers, 2017
Table 24: Top Five IoT Process Manufacturing Security Solutions, Oil and Gas Suppliers, 2017
Table 25: Top Five IoT Process Manufacturing Security Solutions, Food Suppliers, 2017
Table 26: Top Five IoT Process Manufacturing Security Solutions, Pharmaceuticals and Life Science Suppliers, 2017
Table 27: Top Five IoT Process Manufacturing Security Solutions, Plastics Suppliers, 2017
Table 28: Top Five IoT Process Manufacturing Security Solutions, Metals Suppliers, 2017
Table 29: Global Market for IoT Process Manufacturing Hardware, by Technology, Through 2022
Table 30: Global Market for IoT Process Manufacturing Sensors, by End Use, Through 2022
Table 31: Top Five IoT Process Manufacturing Sensor Suppliers, 2017
Table 32: Top Five IoT Process Software Manufacturing Sensor Oil and Gas Suppliers, 2017
Table 33: Top Five IoT Process Manufacturing Sensor Food Suppliers, 2017
Table 34: Top Five IoT Process Manufacturing Sensor Pharmaceuticals and Life Science Suppliers, 2017
Table 35: Top Five IoT Process Manufacturing Sensor Plastics Suppliers, 2017
Table 36: Top Five IoT Process Manufacturing Sensor Metal Suppliers, 2017
Table 37: Plant Level System Design
Table 38: Global Market for IoT Process Manufacturing Distributed Control System, by End Use, Through 2022
Table 39: Top Five IoT Process Manufacturing Distributed Control System Suppliers, 2017
Table 40: Top Five IoT Process Manufacturing Distributed Control System Suppliers, 2017
Table 41: Top Five IoT Process Manufacturing Distributed Control System Food Suppliers, 2017
Table 42: Top Five IoT Process Manufacturing Distributed Control System Pharmaceuticals and Life Science Suppliers, 2017
Table 43: Top Five IoT Process Manufacturing Distributed Control System Distributed Control System Plastics Suppliers, 2017
Table 44: Top Five IoT Process Manufacturing Distributed Control System Metals Suppliers, 2017
Table 45: Global Market for IoT Process Manufacturing Programmable Logic Controller, by End Use, Through 2022
Table 46: Top Five IoT Process Manufacturing Programmable Logic Controller Suppliers, 2017
Table 47: Top Five IoT Process Manufacturing Programmable Logic Controller Oil and Gas Suppliers, 2017
Table 48: Top Five IoT Process Manufacturing Programmable Logic Controller Food Suppliers, 2017
Table 49: Top Five IoT Process Manufacturing Programmable Logic Controller Pharmaceuticals and Life Science Suppliers, 2017
Table 50: Top Five IoT Process Manufacturing Programmable Logic Controller Plastics Suppliers, 2017
Table 51: Top Five IoT Process Manufacturing Programmable Logic Controller Metal Suppliers, 2017
Table 52: Global Market for IoT Process Manufacturing Network Equipment, by Technology, Through 2022
Table 53: Fieldbus Designs
Table 54: EtherNet/IP's Potential Benefits
Table 55: Global Market for IoT Process Manufacturing Wired Network, by End Use, Through 2022
Table 56: Top Five IoT Process Manufacturing Wired Network Suppliers, 2017
Table 57: Top Five IoT Process Manufacturing Wired Network Oil and Gas Suppliers, 2017
Table 58: Top Five IoT Process Manufacturing Wired Network Food Suppliers, 2017
Table 59: Top Five IoT Process Manufacturing Wired Network Pharmaceuticals and Life Science Suppliers, 2017
Table 60: Top Five IoT Process Manufacturing Wired Network Plastic Suppliers, 2017
Table 61: Top Five IoT Process Manufacturing Wired Network Metal Suppliers, 2017
Table 62: Li-Fi System Capabilities
Table 63: Global Market for IoT Process Manufacturing Wireless Network Revenue, by End Use, Through 2022
Table 64: Top Five IoT Process Manufacturing Wireless Network Suppliers, 2017
Table 65: Top Five IoT Process Manufacturing Wireless Network Oil and Gas Suppliers, 2017
Table 66: Top Five IoT Process Manufacturing Wireless Network Food Suppliers, 2017
Table 67: Top Five IoT Process Manufacturing Wireless Network Pharmaceuticals and Life Science Suppliers, 2017
Table 68: Top Five IoT Process Manufacturing Wireless Network Plastics Suppliers, 2017
Table 69: Top Five IoT Process Manufacturing Wireless Network Metals Suppliers, 2017

List of Figures:
Summary Figure: Global Market for IoT Process Manufacturing Technologies, by Type, 2016-2022
Figure 1: Global Market for IoT Process Manufacturing Technologies, by Region, 2016-2022
Figure 2: Global Market for IoT Process Manufacturing Software, by Type, 2016-2022
Figure 3: Global Market for IoT Process Manufacturing Platform Software, by End Use, 2016-2022
Figure 4: Global Market for IoT Solutions Process Manufacturing Big Data Software, by End Use, 2016-2022
Figure 5: Global Market for IoT Process Manufacturing Security Solutions, by End Use, 2016-2022
Figure 6: Global Market for IoT Process Manufacturing Hardware, by Technology, 2017-2022
Figure 7: Global Market for IoT Process Manufacturing Sensors, by End Use, 2017-2021
Figure 8: Global Market for IoT Process Manufacturing Distributed Control System, by End Use, 2016-2022
Figure 9: Global Market for IoT Process Manufacturing Programmable Logic Controller, by End Use, 2016-2022
Figure 10: Global Market for IoT Process Manufacturing Network Equipment, by Technology, 2016-2022
Figure 11: Factory Network Configuration
Figure 12: Ethernet Layers
Figure 13: Global Market for IoT Process Manufacturing Wired Network, by End Use, 2016-2022
Figure 14: Global Market for IoT Process Manufacturing Wireless Network Revenue, by End Use, 2016-2022

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FEATURED COMPANIES

  • ABB Inc.
  • Cognizant Ltd.
  • Flowserve
  • Kepware Inc.
  • Nextnine Ltd.
  • Schunk Gmbh & Co. Kg
  • MORE

Analyst Credentials:

Paul Korzeniowski is a market research analyst and building automation consultant with more than two decades of experience. His work has centered on determining major market trends in the development of new networking standards, integration of building systems and the emergence of new technologies such as wireless communications. He has authored reports on markets for building automation systems for a wide variety of publications, including Investor's Business Daily, Business 2.0 and EnergyBiz.

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  • ABB Inc.
  • Advantech America
  • Aeris
  • Altizon LLC
  • Amazon Web Services
  • Ametek Inc.
  • Apex Automation and Robotics Ply Ltd.
  • Arm Ltd.
  • Arrayent Inc.
  • Ats Automation
  • Aurotek Corp.
  • B&R Industrial Automation Corp.
  • Baumuller Nurnberg Gmbh
  • Bayshore Networks Inc.
  • BC Food Suppliers
  • Beckhoff Auotmation Gmbh & Co. Kg
  • Belden Inc.
  • Bsquare Inc.
  • Cgi Group Inc.
  • Cisco Systems Inc.
  • Cognizant Ltd.
  • Coldwater Machine Co.
  • Cybervision Tech Inc.
  • Danaher Corp.
  • Dassault Systems
  • Destaco
  • Device Insight Ag
  • Digi International
  • Eaton Corp. PLC.
  • Echelon Corp.
  • Electric Imp Inc.
  • Ellison Technologies Inc.
  • Emerson
  • Endress + Hauser Ag
  • Epicor Software Corp.
  • Exosite LLC.
  • Fanuc Corp.
  • Flowserve
  • Fmc Corporation
  • Fortive
  • Fuji Electric
  • General Electric Corp.
  • Grove Streams LLC
  • Hans Turck Gmbh & Co. Kg
  • Harting Deutschland Gmbh & Co. Kg
  • Hewlett Packard Enterprise
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Huawei Technologies Co. Ltd.
  • IBM Corp.
  • IFM Electronic Gmbh
  • Imantics Inc.
  • IMI PLC
  • Inductive Automation Inc.
  • Infineon Technologies Ag
  • Intel Corp.
  • IQMS
  • Jacobs Engineering Inc.
  • Kawasaki Heavy Industries Ltd.
  • Kepware Inc.
  • Keyence Corp.
  • Krohne Messtechnik Gmbh
  • Kuka Agt
  • Logmein
  • Lynx Software Technologies Inc.
  • M+W Group Gmbh
  • Mcobject LLC
  • Mesh Automation Inc.
  • Meshify Inc.
  • Metso
  • Microsoft Corp.
  • Misumi Corp.
  • Mitsubishi Electric Corp.
  • Murr Elektronik Gmbh
  • Nachi Fujikoshi Corp.
  • NEC Corp.
  • Netgear Inc.
  • Nextnine Ltd.
  • Omron Corporation
  • Oracle Corporation
  • Parker Hannifin Corp.
  • Pepperl and Fuchs Gmbh
  • Phoenix Contact Gmbh & Co. Kg
  • Pilz Gmbh & Co. Kg
  • Precision Automation Robotics India Ltd.
  • Preh Ima Automation Gmbh
  • Promik Programmiersysteme Fur Die Mikroelectronik Gmbh
  • PTC Corp.
  • Qualcomm Inc.
  • Relayr Gmbh
  • Rittal Gmbh & Co. Kg
  • Robert Bosch Gmbh
  • Rockwell Automation Inc.
  • Samson Automation Technologies
  • Samsung Group
  • Sap Se
  • Schlumberger Ltd.
  • Schneider-Electric Sa
  • Schunk Gmbh & Co. Kg
  • Senrio Inc.
  • Sick Vertriebs Gmbh
  • Siemens Ag.
  • Sierra Wireless Inc.
  • Sigfox
  • Solidrun Ltd.
  • Spacetime Insight Inc.
  • Spectris PLC
  • Stmicroelectronics
  • Svensak Kullagerfabriken Ab
  • TDK Corp.
  • Te Connectivity
  • Telit Communications PLC
  • Thermo Fischer Scientific
  • Tibco Software Inc.
  • Toshiba Corp.
  • Wago Kontakttechnik Gmbh & Co. Kg
  • Weidmuller Interface Gmbh & Co. Kg
  • Yamaha Corp.
  • Yaskawa Electric Corp.
  • Yokogawa Electric Corp.
  • Zingbox
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