Internet of Things (IoT) is a network of interconnected devices that enable communication and transfer of data by use of embedded sensors. IoT in manufacturing provides various applications such as real-time asset monitoring, connected operational intelligence, and fleet management, which is expected to rapidly build connected applications across manufacturing companies.
Global IoT in Manufacturing Market Estimated to Grow at a CAGR of +29% During Forecast Period
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Internet of Things (IoT) in manufacturing market provides various software and services that enable manufacturing companies to provide IoT-based solutions such as predictive maintenance, supply chain management, quality management, and others. Further, introduction to connected operational intelligence and real-time asset monitoring assist the manufacturers to boost the manufacturing process.
Top Companies Profiled in this Report includes, AeroVironment, Elbit Systems, Freewave, General Atomics Aeronautical Systems, Honeywell, Northrup Grunman, Prox Dynamics, Radisys, Textron Systems
The major factors driving the growth of the IoT in manufacturing market are the growing need for centralized monitoring and predictive maintenance of manufacturing infrastructure, the advent of latest communication technologies, and the need for agile production and operational efficiency. Furthermore, an increasing adoption of the cloud, convergence in operational technologies (OT) and IT, and growing number of intelligent connected devices with cost reduction are some of the other factors supporting the overall growth of the market.
Various factors are responsible behind the market’s growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global IoT in Manufacturing market.
It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report.
It studies the market’s trajectory between forecast periods.
IoT in Manufacturing market is segmented on the basis of various parameters. The factors which are impacting the market’s growth are studied in detail.
The report also presents a overall weaknesses which companies operating in the market must avoid in order to enjoy sustainable growth through the course of the forecast period. Besides this, profiles of some of the leading players operating and encouraging in the growth of the global market are included in the study.
Additionally, using SWOT analysis, markets weaknesses and strengths are analyzed. It also helps the report provide insights into the opportunities and threats that these companies may face during the forecast period.
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Table of Contents
Global IoT in Manufacturing Market Research Report
Chapter 1 IoT in Manufacturing Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global IoT in Manufacturing Market Forecast
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