Email Us
View Reports

Global The Internet of Things (IoT) in Discrete Parts Manufacturing Market Analysis with Forecasts to 2022 | Growth Opportunities

  • ID : 1497078760  |  
  • Published : Sep-2017  |  
  • Region : Global  |  
  • Pages : 194   |  
  • Publisher : BCC Research

Report Scope:

The building of IoT solutions include 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 discrete parts market: automotive and transportation; electronics and computer; consumer goods; aerospace, aviation and defense; and machinery and heavy equipment.

The forecasts presented are for the total available markets. Some 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.

Identification has also been made of the prime decision-maker in the project chain who selects the type and scope of IoT project. Factors influencing the requirements and purchases for the systems are examined, as are national and international responses to global challenges.

With more than two decades of experience, Paul Korzeniowski is a market research analyst and industrial automation consultant. His work has centered on determining major market trends in areas such as the development of new smart factory standards and solutions, integration of various systems, and the emergence of new technologies, such as the Internet of Things. He has authored reports on manufacturing markets for a wide variety of publications, including Investor’s Business Daily, USA Today, Reuters, CIO, Entrepreneur, TechBeacon, Information Week, Computerworld and Newsweek.

Report Includes:

- An overview of the global market for Internet of Things solutions in discrete parts manufacturing

- 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 automotive and transportation, aerospace and defense, consumer goods, electronics, heavy machinery, high technology, and power plants

- Profiles of major players in the industry

Table of Contents

Chapter 1: Introduction ......................................................................................... 1

Study Goals and Objectives........................................................................................................................... 1

Reasons for Doing This Study ........................................................................................................................ 1

Scope of Report ............................................................................................................................................. 2

Information Sources ...................................................................................................................................... 3

Methodology ................................................................................................................................................. 4

Product Breakdown ...................................................................................................................................... 4

Analyst’s Credentials ..................................................................................................................................... 5

Related BCC Research Reports...................................................................................................................... 5

Chapter 2: Summary and Highlights ....................................................................... 7

Chapter 3: IoT Market and Technology Background ............................................ 11

Discrete Parts Manufacturing Industry Trends ........................................................................................... 12

What is IoT? ................................................................................................................................................ 13

Things Gain Intelligence .............................................................................................................................. 14

The Need to Change .................................................................................................................................... 15

How IoT Benefits the Business .................................................................................................................... 15

Going Beyond Machine-to-Machine Communication ................................................................................ 16

How Does It Work? ..................................................................................................................................... 17

Design Options ............................................................................................................................................ 18

Fitting the Pieces Together ......................................................................................................................... 18

Getting a Fresh Start ................................................................................................................................... 20

Industrial IoT Applications Have Business Value ........................................................................................ 21

What Has Driven Manufacturing? .............................................................................................................. 23

Facing IoT Challenges .................................................................................................................................. 24

Shortcomings with Legacy Systems ............................................................................................................ 25

Revamping Business Processes ................................................................................................................... 26

A Variety of Devices .................................................................................................................................... 26

Embedded System Challenges .................................................................................................................... 27

Getting Everything into Harmony ............................................................................................................... 28

System Limitations ...................................................................................................................................... 29

A Complex System....................................................................................................................................... 29

The Network Architecture .......................................................................................................................... 30

The Need for a Central Platform ................................................................................................................. 31

Security Challenges Arise ............................................................................................................................ 32

A High Level of Commitment Is Required ................................................................................................... 34

The Need for Standards .............................................................................................................................. 34

Many Different Considerations ................................................................................................................... 35

Meeting the Network Needs ...................................................................................................................... 36

IoT Standards Organizations ....................................................................................................................... 37

Association for Advancing Automation ................................................................................................... 38

Association for Manufacturing Technology ............................................................................................ 38

American National Standards Institute ................................................................................................... 39

Association for Packaging and Processing Technology ........................................................................... 39

AVnu Alliance .......................................................................................................................................... 39

Embedded Linux and Android Alliance ................................................................................................... 40

International Electrotechnical Commission ............................................................................................ 41

Industrial Internet Consortium ................................................................................................................ 41

International Society of Automation ....................................................................................................... 42

International Standards Organization ..................................................................................................... 42

Modelica Association .............................................................................................................................. 42

MTConnect Institute................................................................................................................................ 43

National Institute of Standards and Technology ..................................................................................... 43

Organization for the Advancement of Structure Information Standards ............................................... 44

Organization for Machine Automation and Control ............................................................................... 44

Object Management Group .................................................................................................................... 44

OPC Foundation....................................................................................................................................... 45

OPX Leadership Foundation .................................................................................................................... 45

PLCopen ................................................................................................................................................... 45

RAIN RFID ................................................................................................................................................ 46

Devising a Plan ............................................................................................................................................ 46

A Change in Thinking ................................................................................................................................... 47

Finding a Use Case ...................................................................................................................................... 48

IoT Application Categories .......................................................................................................................... 49

The IoT Difference ....................................................................................................................................... 50

The Connected Supply Chain ...................................................................................................................... 50

IoT Applications in Action ........................................................................................................................... 52

Chapter 4: IoT Software Market .......................................................................... 55

The Emergence of IoT Platforms ................................................................................................................. 56

How IoT Benefits Business ...................................................................................................................... 57

Striving for the Ultimate Goal ................................................................................................................. 57

The Need for Developer Talent ............................................................................................................... 58

Reducing Risk ........................................................................................................................................... 59

Big Data Becomes a Big Force ..................................................................................................................... 64

Big Data Challenges ................................................................................................................................. 65

Traditional Tools Fail ............................................................................................................................... 65

Volume, Variety, Velocity and Variability Define Big Data ...................................................................... 66

Making the Right Connection .................................................................................................................. 67

The Need for Master Data Management ................................................................................................ 67

Big Data’s Many Management Challenges .............................................................................................. 68

Mining for Gold ....................................................................................................................................... 69

Truth or Dare ........................................................................................................................................... 69

What Is Happening Now? ........................................................................................................................ 71

Diving Deeper into the Data .................................................................................................................... 71

An Incomplete Picture ............................................................................................................................. 72

Parallel Structure ..................................................................................................................................... 73

The Need for Speed ................................................................................................................................. 74

Aggregation Needed ................................................................................................................................ 74

Working with Large Data Sets ................................................................................................................. 75

Integrating Data from Multiple Sources .................................................................................................. 76

Automating the Collection of Data .......................................................................................................... 77

Analyzing Data and Identifying Actionable Insights ................................................................................ 78

The Growing Importance of Analytics ..................................................................................................... 78

Making the Right Connection .................................................................................................................. 79

Finding the Right Rule ............................................................................................................................. 80

Examining All Options ............................................................................................................................. 80

Dynamic Case Management Capabilities ................................................................................................ 81

Sensing Big Changes ................................................................................................................................ 82

The Potential of Edge Data ...................................................................................................................... 83

Edge Data’s Many Uses ........................................................................................................................... 84

Predictive Analytics’ Tremendous Potential ........................................................................................... 85

Security Software’s Growing Importance ................................................................................................... 90

Why IoT Devices are Insecure ................................................................................................................. 91

Building Security from the Ground Up .................................................................................................... 92

Installing Barriers in Place ....................................................................................................................... 93

Security Becomes More Complex ........................................................................................................... 94

The Importance of Application-level Security ......................................................................................... 94

The Need for Specialization ..................................................................................................................... 95

Chapter 5: IoT Hardware .................................................................................... 101

Gaining Needed Visibility .......................................................................................................................... 101

New Hardware Directions ......................................................................................................................... 102

The Impact of Globalization ...................................................................................................................... 103

The Role of Embedded Systems ................................................................................................................ 104

Sensors Take Center Stage ........................................................................................................................ 105

Distributed Control Systems ..................................................................................................................... 109

The Changing Plant Floor ...................................................................................................................... 110

The Latest DSC Developments .............................................................................................................. 111

Programmable Logic Controllers .............................................................................................................. 116

PLC Functionality ................................................................................................................................... 117

PLC Advances ......................................................................................................................................... 118

Next Generation PLCs ............................................................................................................................ 119

PLC Improvements ................................................................................................................................ 120

Chapter 6: IoT Networking ................................................................................. 126

Fieldbus, First Generation Industrial Networking ..................................................................................... 127

Ethernet’s Legacy ...................................................................................................................................... 129

Ethernet in the Factory ............................................................................................................................. 130

EtherNet/IP’s Benefit ................................................................................................................................ 131

Seeing Stars ............................................................................................................................................... 133

Meeting I/O Challenges ............................................................................................................................ 133

Monitoring Ethernet Connections ............................................................................................................ 134

Simplifying Configurations ........................................................................................................................ 136

Network Optimization ........................................................................................................................... 136

Looking Ahead ....................................................................................................................................... 137

The Impact of Wireless Network Connections ......................................................................................... 141

Wi-Fi, a Popular Networking Option ......................................................................................................... 141

The HaLow Effect ...................................................................................................................................... 142

Li-Fi Versus Wi-Fi ....................................................................................................................................... 142

Bluetooth 5.0 ............................................................................................................................................ 143

Low on Bandwidth ................................................................................................................................. 144

Near Field Communications ...................................................................................................................... 144

SigFox ........................................................................................................................................................ 146

Chapter 7: Company Profiles ............................................................................. 152

About BCC Research ......................................................................................... 206

About BCC Research.................................................................................................................................. 207

BCC Membership ...................................................................................................................................... 207

BCC Custom Research ............................................................................................................................... 207

List of Tables

Summary Table: Global Market for IoT Discrete Parts Manufacturing, by Type, Through 2022 ($ Millions) ........................................................................................................................................................ 8

Table 1 Internet of Things System Benefits ............................................................................................... 13

Table 2 IoT Standards Bodies ...................................................................................................................... 37

Table 3 Global Market for IoT Discrete Parts Software, by Type, Through 2022 ($ Millions) ................... 56

Table 4 Global Market for IoT Discrete Parts Software, by Industry, Through 2022 ($ Millions) ............ 61

Table 5 Top Five IoT Discrete Parts Software Platform Suppliers, 2017 ($ Millions/%) ........................... 61

Table 6 Top Five IoT Discrete Parts Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................... 62

Table 7 Top Five IoT Discrete Parts Software Platform Suppliers for Electronics and Computers, 2017 ($ Millions/%) .................................................................................................................................................. 62

Table 8 Top Five IoT Discrete Parts Software Platform Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 63

Table 9 Top Five IoT Discrete Parts Software Platform Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................... 63

Table 10 Top Five IoT Discrete Parts Software Platform Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................... 64

Table 11 The Changing Data Management Platform .................................................................................. 65

Table 12 The Big Data Ecosystem .............................................................................................................. 66

Table 13 Global Market for IoT Discrete Parts Big Data Software, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................... 87

Table 14 Top Five IoT Discrete Parts Big Data Software Suppliers, 2017 ($ Millions/%) .......................... 87

Table 15 Top Five IoT Discrete Parts Big Data Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .......................................................................................................... 88

Table 16 Top Five IoT Discrete Parts Big Data Software Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................................................. 88

Table 17 Top Five IoT Discrete Parts Big Data Software Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 89

Table 18 Top Five IoT Discrete Parts Big Data Software Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................................... 89

Table 19 Top Five IoT Discrete Parts Big Data Software Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) ................................................................................................................................... 90

Table 20 Global Market for IoT Discrete Parts Security Solutions, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................... 96

Table 21 Top Five IoT Discrete Parts Security Solutions Suppliers, 2017 ($ Millions/%) .......................... 96

Table 22 Top Five IoT Discrete Parts Security Solution Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................... 97

Table 23 Top Five IoT Discrete Parts Security Solutions Suppliers, for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................................................. 97

Table 24 Top Five IoT Discrete Parts Security Solutions Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 98

Table 25 Top Five IoT Discrete Parts Security Solutions Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................... 98

Table 26 Top Five IoT Discrete Parts Security Solutions Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................... 99

Table 27 Global Market for IoT Discrete Parts Hardware, by Application, Through 2022 ($ Millions) . 104

Table 28 Global Market for IoT Discrete Parts Sensors, by Industry, Through 2022 ($ Millions) ........... 106

Table 29 Top Five IoT Discrete Parts Sensor Suppliers, 2017 ($ Millions/%) .......................................... 106

Table 30 Top Five IoT Discrete Parts Sensor Suppliers for Automotive and Transportation, 2017 ($ Millions/%) ................................................................................................................................................ 107

Table 31 Top Five IoT Discrete Parts Sensor Suppliers for Electronics and Computers, 2017 ($ Millions/%) ................................................................................................................................................ 107

Table 32 Top Five IoT Discrete Parts Sensor Suppliers for Consumer Goods, 2017 ($ Millions/%) ........ 108

Table 33 Top Five IoT Discrete Parts Sensor Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................................................ 108

Table 34 Top Five IoT Discrete Parts Sensor Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) ................................................................................................................................................ 109

Table 35 Global Market for IoT Discrete Parts Distributed Control System, by Industry, Through 2022 ($ Millions) .................................................................................................................................................... 112

Table 36 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%) ......... 113

Table 37 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%) ......... 113

Table 38 Top Five IoT Discrete Parts Distributed Control System Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................. 114

Table 39 Top Five IoT Discrete Parts Distributed Control System Suppliers for Consumer Goods, 2017 ($ Millions/%) ................................................................................................................................................ 114

Table 40 Top Five IoT Discrete Parts Distributed Control System Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................... 115

Table 41 Top Five IoT Discrete Parts Distributed Control System Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .............................................................................................................. 115

Table 42 Global Market for IoT Discrete Parts Programmable Logic Controller, by Industry, Through 2022 ($ Millions) ................................................................................................................................................ 121

Table 43 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers, 2017 ($ Millions/%) ... 121

Table 44 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Automotive and Transportation, 2017 ($ Millions/%) ........................................................................................................ 122

Table 45 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................. 122

Table 46 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................. 123

Table 47 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ............................................................................................................ 123

Table 48 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .............................................................................................................. 124

Table 49 Global Market for IoT Discrete Parts Network Equipment, by Type, Through 2022 ($ Millions) .................................................................................................................................................................. 126

Table 50 Fieldbus Designs ........................................................................................................................ 128

Table 51 EtherNet/IP’s Potential Benefits ............................................................................................... 132

Table 52 Global Market for IoT Discrete Parts Wired Network, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................. 137

Table 53 Top Five IoT Discrete Parts Wired Network Suppliers, 2017 ($ Millions/%) ............................ 138

Table 54 Top Five IoT Discrete Parts Wired Network Suppliers for Automotive and Transpiration, 2017 ($ Millions/%) ............................................................................................................................................ 138

Table 55 Top Five IoT Discrete Parts Wired Network Suppliers for Electronics and Computers, 2017 ($ Millions/%) ................................................................................................................................................ 139

Table 56 Top Five IoT Discrete Parts Wired Network Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................................. 139

Table 57 Top Five IoT Discrete Parts Wired Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................. 140

Table 58 Top Five IoT Discrete Parts Wired Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................. 140

Table 59 Global Market for IoT Discrete Parts Wireless Network Revenue, by Industry, Through 2022 ($ Millions) .................................................................................................................................................... 147

Table 60 Top Five IoT Discrete Parts Wireless Network Suppliers, 2017 ($ Millions/%) ........................ 147

Table 61 Top Five IoT Discrete Parts Wireless Network Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................. 148

Table 62 Top Five IoT Discrete Parts Wireless Network Suppliers for Electronics and Computers, 2017 ($ Millions/%) ............................................................................................................................................ 148

Table 63 Top Five IoT Discrete Parts Wireless Network Suppliers for Consumer Goods, 2017 ($ Millions/%) ................................................................................................................................................ 149

Table 64 Top Five IoT Discrete Parts Wireless Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................. 149

Table 65 Top Five IoT Discrete Parts Wireless Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................. 150

List of Figures

Summary Figure: Global Market for IoT Discrete Parts Manufacturing, by Type, 2016-2022 ($ Millions) 9

Figure 1 Ethernet Layers ........................................................................................................................... 135

Purchase this Market Research Report

  • SINGLE USER LICENSE
    Single user license allows one specific user to access the product.
  • TEAM LICENSE
    Team License allows multiple users to access the product.
  • CORPORATE LICENSE
    Corporate License allows users across the whole organization to access the product.

REACH OUT TO US

Call us on : +1 888 709 8757

Drop us an email at : info@researchcosmos.com

HAVE A QUESTION?