Product Code: A17266
The IoT in chemical industry market was valued at $57.4 billion in 2021, and is projected to reach $193.9 billion by 2031, growing at a CAGR of 13.3% from 2022 to 2031.
Internet of Things (IoT) is a network of interconnected devices that enable communication and transfer of data by use of embedded sensors. IoT platform includes smart devices connected through web that collect, analyze, and manage data using tools, such as sensors, communication hardware, and processors. IoT represents new reality of production. IoT in the chemical industry helps to improve the productivity of work and enhance the operational efficiency of the chemical processes, which has led to its massive use by numerous players involved in the chemical production business. The IoT offers forward integration, superior predictive maintenance, and quality assurance, which is predicted to foster the IoT in chemical industry market growth in coming years.
For the purpose of analysis, the IoT in chemical industry market scope covers technology type, application, and region. The report outlines the details about IoT in chemical industry technology types including industrial, big data, artificial intelligence, AR and VR, machine vision, 3D printing, digital twin, plant asset management, manufacturing execution system, distributed control system, and others. The use of IoT in chemical industry in various applications, including petrochemicals & polymers, fertilizers & agrochemicals, and others are analyzed in the report. Moreover, it analyzes the current market trends of IoT in chemical industry across different regions, such as North America, Europe, Asia-Pacific-Pacific, and LAMEA and suggests the future growth opportunities.
The growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features the strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
In addition, the report covers profiles of key industry participants such as ABB Ltd; Altizon, Inc; Atos SE; Cisco Systems, Inc.; Emerson Electric Co; Endress+Hauser AG; Fanuc Corporation; General Electric; Honeywell International Inc; Microsoft Corporation; Mitsubishi Electric Corporation; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; and Yokogawa Electric Corporation.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the iot in chemical industry market analysis from 2021 to 2031 to identify the prevailing iot in chemical industry market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the iot in chemical industry market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global iot in chemical industry market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Technology
- Machine Vision
- 3D Printing
- Digital Twin
- Plant Asset Management
- Manufacturing Execution System
- Distributed Control System
- Industrial Robotics
- Big Data
- Artificial Intelligence
- AR and VR
- Others
By Application
- Petrochemicals and Polymers
- Fertilizers and Agrochemicals
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- South Africa,
- Saudi Arabia
- Rest Of LAMEA
- Key Market Players
- ABB Ltd
- ALTIZON INC
- Atos SE
- Cisco Systems Inc.
- Emerson Electric Co.
- ENDRESS+HAUSER AG
- FANUC CORPORATION
- General Electric
- Honeywell International Inc.
- Microsoft Corporation
- Mitsubishi Electric Corporation
- Rockwell Automation Inc.
- SCHNEIDER ELECTRIC SE
- Siemens AG
- Yokogawa Electric Corporation
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
- 3.7.Regulatory Guidelines
- 3.8.Value Chain Analysis
- 3.9.Key Regulation Analysis
- 3.10.Patent Landscape
CHAPTER 4: IOT IN CHEMICAL INDUSTRY MARKET, BY TECHNOLOGY
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Industrial Robotics
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Big Data
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Artificial Intelligence
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 AR and VR
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
- 4.6 Machine Vision
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market analysis by country
- 4.7 3D Printing
- 4.7.1 Key market trends, growth factors and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market analysis by country
- 4.8 Digital Twin
- 4.8.1 Key market trends, growth factors and opportunities
- 4.8.2 Market size and forecast, by region
- 4.8.3 Market analysis by country
- 4.9 Plant Asset Management
- 4.9.1 Key market trends, growth factors and opportunities
- 4.9.2 Market size and forecast, by region
- 4.9.3 Market analysis by country
- 5.0 Manufacturing Execution System
- 5.0.1 Key market trends, growth factors and opportunities
- 5.0.2 Market size and forecast, by region
- 5.0.3 Market analysis by country
- 5.1 Distributed Control System
- 5.1.1 Key market trends, growth factors and opportunities
- 5.1.2 Market size and forecast, by region
- 5.1.3 Market analysis by country
- 5.2 Others
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
CHAPTER 5: IOT IN CHEMICAL INDUSTRY MARKET, BY APPLICATION
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Petrochemicals and Polymers
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Fertilizers and Agrochemicals
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Others
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: IOT IN CHEMICAL INDUSTRY MARKET, BY REGION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Technology
- 6.2.3 North America Market size and forecast, by Application
- 6.2.4 North America Market size and forecast, by country
- 6.2.4.1 U.S.
- 6.2.4.1.1 Market size and forecast, by Technology
- 6.2.4.1.2 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Market size and forecast, by Technology
- 6.2.4.2.2 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Market size and forecast, by Technology
- 6.2.4.3.2 Market size and forecast, by Application
- 6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Technology
- 6.3.3 Europe Market size and forecast, by Application
- 6.3.4 Europe Market size and forecast, by country
- 6.3.4.1 Germany
- 6.3.4.1.1 Market size and forecast, by Technology
- 6.3.4.1.2 Market size and forecast, by Application
- 6.3.4.2 France
- 6.3.4.2.1 Market size and forecast, by Technology
- 6.3.4.2.2 Market size and forecast, by Application
- 6.3.4.3 UK
- 6.3.4.3.1 Market size and forecast, by Technology
- 6.3.4.3.2 Market size and forecast, by Application
- 6.3.4.4 Italy
- 6.3.4.4.1 Market size and forecast, by Technology
- 6.3.4.4.2 Market size and forecast, by Application
- 6.3.4.5 Spain
- 6.3.4.5.1 Market size and forecast, by Technology
- 6.3.4.5.2 Market size and forecast, by Application
- 6.3.4.6 Rest of Europe
- 6.3.4.6.1 Market size and forecast, by Technology
- 6.3.4.6.2 Market size and forecast, by Application
- 6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Technology
- 6.4.3 Asia-Pacific Market size and forecast, by Application
- 6.4.4 Asia-Pacific Market size and forecast, by country
- 6.4.4.1 China
- 6.4.4.1.1 Market size and forecast, by Technology
- 6.4.4.1.2 Market size and forecast, by Application
- 6.4.4.2 Japan
- 6.4.4.2.1 Market size and forecast, by Technology
- 6.4.4.2.2 Market size and forecast, by Application
- 6.4.4.3 India
- 6.4.4.3.1 Market size and forecast, by Technology
- 6.4.4.3.2 Market size and forecast, by Application
- 6.4.4.4 South Korea
- 6.4.4.4.1 Market size and forecast, by Technology
- 6.4.4.4.2 Market size and forecast, by Application
- 6.4.4.5 Australia
- 6.4.4.5.1 Market size and forecast, by Technology
- 6.4.4.5.2 Market size and forecast, by Application
- 6.4.4.6 Rest of Asia-Pacific
- 6.4.4.6.1 Market size and forecast, by Technology
- 6.4.4.6.2 Market size and forecast, by Application
- 6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Technology
- 6.5.3 LAMEA Market size and forecast, by Application
- 6.5.4 LAMEA Market size and forecast, by country
- 6.5.4.1 Brazil
- 6.5.4.1.1 Market size and forecast, by Technology
- 6.5.4.1.2 Market size and forecast, by Application
- 6.5.4.2 South Africa,
- 6.5.4.2.1 Market size and forecast, by Technology
- 6.5.4.2.2 Market size and forecast, by Application
- 6.5.4.3 Saudi Arabia
- 6.5.4.3.1 Market size and forecast, by Technology
- 6.5.4.3.2 Market size and forecast, by Application
- 6.5.4.4 Rest of LAMEA
- 6.5.4.4.1 Market size and forecast, by Technology
- 6.5.4.4.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Key developments
CHAPTER 8: COMPANY PROFILES
- 8.1 ABB Ltd
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
- 8.2 ALTIZON INC
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
- 8.3 Atos SE
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
- 8.4 Cisco Systems Inc.
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
- 8.5 Emerson Electric Co.
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
- 8.6 ENDRESS+HAUSER AG
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
- 8.7 FANUC CORPORATION
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
- 8.8 General Electric
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
- 8.9 Honeywell International Inc.
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
- 8.10 Microsoft Corporation
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments
- 8.11 Mitsubishi Electric Corporation
- 8.11.1 Company overview
- 8.11.2 Company snapshot
- 8.11.3 Operating business segments
- 8.11.4 Product portfolio
- 8.11.5 Business performance
- 8.11.6 Key strategic moves and developments
- 8.12 Rockwell Automation Inc.
- 8.12.1 Company overview
- 8.12.2 Company snapshot
- 8.12.3 Operating business segments
- 8.12.4 Product portfolio
- 8.12.5 Business performance
- 8.12.6 Key strategic moves and developments
- 8.13 SCHNEIDER ELECTRIC SE
- 8.13.1 Company overview
- 8.13.2 Company snapshot
- 8.13.3 Operating business segments
- 8.13.4 Product portfolio
- 8.13.5 Business performance
- 8.13.6 Key strategic moves and developments
- 8.14 Siemens AG
- 8.14.1 Company overview
- 8.14.2 Company snapshot
- 8.14.3 Operating business segments
- 8.14.4 Product portfolio
- 8.14.5 Business performance
- 8.14.6 Key strategic moves and developments
- 8.15 Yokogawa Electric Corporation
- 8.15.1 Company overview
- 8.15.2 Company snapshot
- 8.15.3 Operating business segments
- 8.15.4 Product portfolio
- 8.15.5 Business performance
- 8.15.6 Key strategic moves and developments