IoT in Manufacturing: Trends in Connectivity, Sensors, and Data Analytics Market Outlook and Forecast, 2022-2031

Description

List of Tables

Manufacturing is the quintessential use case for the Industrial Internet of Things. Production lines and industrial machines can see large jumps in productivity by adding internet connectivity and sensors to monitor production conditions, including temperature, humidity, noise, or vibrations. The insights generated by these sensors can be used to improve industrial processes, saving manufacturers money and increasing productivity.

Key drivers for IoT adoption in manufacturing include the need to cut costs, including via energy efficiency, worker safety, and maintaining productivity levels by avoiding machine breakdowns and downtime. IoT technology can also lead to new business models and ways of working, such as hardware as a service, in which a factory leases machinery from the manufacturer, which is responsible for maintenance and repairs.

This Guidehouse Insights Market Focus report discusses how IoT is being deployed in the manufacturing sector, focusing on uses for wide and local area networks for connectivity, sensors to capture and communicate conditions on the factory floor, and analytics to determine the optimal running of machines and when breakdowns are likely to occur. It provides forecasts for the expected investment in IoT in manufacturing by global region through 2031.

Product Code: MF-IOTM-22

1. Executive Summary

1.1 Introduction
1.2 Market Outlook

2. Market Issues

2.1 Market Overview
- 2.1.1 Market Drivers

2.1.1.1 Remote monitoring and predictive maintenance

2.1.1.1.1 New business models

2.1.1.2 Location sensing and worker safety

2.1.2 Market Challenges

2.1.2.1 Cost and ROI

2.1.2.2 Conservative approach to technology

2.1.2.3 Data security

3. Key Industry Players

3.1 Ericsson
3.2 LumenRadio
3.3 MaintainX
3.4 Signify
3.5 Vodafone

4. Market Forecasts

4.1 Forecast Methodology
4.2 Global Forecasts
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 Asia Pacific
- 4.2.4 Latin America
- 4.2.5 Middle East and Africa

5. Conclusions and Recommendations

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

Product Code: MF-IOTM-22

List of Tables

Total IoT Manufacturing Investment by Region, World Markets: 2022-2031
Total IoT Manufacturing Connectivity Investment by Region, World Markets: 2022-2031
Total IoT Manufacturing Sensors Investment by Region, World Markets: 2022-2031
Total IoT Manufacturing Analytics Investment by Region, World Markets: 2022-2031
Total IoT Manufacturing Revenue by Segment, World Markets: 2022-2031
Total IoT Manufacturing Revenue by Segment, North America: 2022-2031
Total IoT Manufacturing Revenue by Segment, Europe: 2022-2031
Total IoT Manufacturing Revenue by Segment, Asia Pacific: 2022-2031
Total IoT Manufacturing Revenue by Segment, Latin America: 2022-2031
Total IoT Manufacturing Revenue by Segment, Middle East & Africa: 2022-2031

Other Notable IIoT Companies

List of Figures

Total IoT Manufacturing Investment by Region, World Markets: 2022-2031
Total IoT Manufacturing Investment by Segment, World Markets: 2022-2031
Total IoT Manufacturing Revenue by Segment, North America: 2022-2031
Total IoT Manufacturing Revenue by Segment, Europe: 2022-2031
Total IoT Manufacturing Revenue by Segment, Asia Pacific: 2022-2031
Total IoT Manufacturing Revenue by Segment, Latin America: 2022-2031
Total IoT Manufacturing Revenue by Segment, Middle East & Africa: 2022-2031
Total IoT Manufacturing Investment by Segment, North America: 2022-2031
Total IoT Manufacturing Investment by Segment, Europe: 2022-2031
Total IoT Manufacturing Investment by Segment, Asia Pacific: 2022-2031
Total IoT Manufacturing Investment by Segment, Latin America: 2022-2031
Total IoT Manufacturing Investment by Segment, Middle East and Africa: 2022-2031