Dublin, Sept. 04, 2020 (GLOBE NEWSWIRE) -- The "India IoT in Manufacturing Market by Component (Solution, Platform, Service), by Application Area (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Others), by Vertical, by Company, by Region, Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
The Indian IoT in Manufacturing Market is expected to grow at an impressive rate during the forecast period.
The Indian IoT in Manufacturing Market is driven by the growing need to automate and improve operational efficiencies within a manufacturing unit. Additionally, increasing adoption of cloud based solutions and connected devices is further expected to foster the market growth through 2025.
Furthermore, technological advancements such as adoption of big data analytics solutions, data processing, among others coupled with new service & software launches by the major vendors operating in the market is expected to fuel the market growth over the next few years. However, high cost of implementation and deployment of IoT solutions within a manufacturing unit can hamper the market growth during the forecast period. Also, lack of awareness pertaining to the use of IoT solutions across the various end-user industries can further restrict the market growth.
The Indian IoT in Manufacturing Market is segmented based on component, application area, vertical, company, and region. Based on vertical, the market can be categorized into energy & utilities, automotive, food & beverages, aerospace & defense, chemicals & materials, high-tech products, healthcare and others. The energy & utilities segment is expected to dominate the market through 2025. This can be ascribed to the increasing use of IoT solutions for overall plant automation, process optimization, supply chain optimization, among others.
The major players operating in the IoT in manufacturing market are IBM India Private Limited, Cisco Systems (India) Private Limited, Huawei Telecommunications (India) Co. Pvt. Ltd., Microsoft India Private Limited, Schneider Electric India Private Limited, Siemens India, Bosch Ltd., SAP India, General Electric, Zebra Technologies India Private Limited and others. Major companies are developing advanced technologies and launching new services in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021-2025
Objective of the Study
- To analyze and estimate the market size of the Indian IoT in Manufacturing Market from 2015 to 2018.
- To estimate and forecast the market size of the Indian IoT in Manufacturing Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Indian IoT in Manufacturing Market based on component, application area, vertical, company, and regional distribution.
- To identify dominant region or segment in the Indian IoT in Manufacturing Market.
- To identify drivers and challenges for the Indian IoT in Manufacturing Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian IoT in Manufacturing Market.
- To identify and analyze the profile of leading players operating in the Indian IoT in Manufacturing Market.
- To identify key sustainable strategies adopted by market players in the Indian IoT in Manufacturing Market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India IoT in Manufacturing Market
4. Executive Summary
5. Voice of Customer
6. India IoT in Manufacturing Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Component (Solution, Platform, Service)
220.127.116.11. By Solution (Network Management, Data Management, Device Management, Application Management, Smart Surveillance)
18.104.22.168. By Platform (Device Management Platform, Application Management Platform, Connectivity Management Platform)
22.214.171.124. By Service (Managed Services, Professional Services, IoT Infrastructure Services, System Designing & Integration Services, Support & Maintenance Services and Education & Training Services)
6.2.2. By Application Area (Predictive Maintenance, Business Process Optimization, Asset Tracking & Management, Logistics & Supply Chain Management, Real-Time Workforce Tracking & Management, Automation Control & Management, Emergency & Incident Management, Business Communication)
6.2.3. By Vertical (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defense, Chemicals & Materials, High-Tech Products, Healthcare, Others)
6.2.4. By Company (2019)
6.2.5. By Region
6.3. Product Market Map
7. India IoT in Manufacturing Solution Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Application Area
7.2.2. By Vertical
8. India IoT in Manufacturing Platform Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Application Area
8.2.2. By Vertical
9. India IoT in Manufacturing Service Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Application Area
9.2.2. By Vertical
10. Market Dynamics
11. Market Trends & Developments
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. IBM India Private Limited
14.2. Cisco Systems (India) Private Limited
14.3. Huawei Telecommunications (India) Co. Pvt. Ltd.
14.4. Microsoft India Private Limited
14.5. Schneider Electric India Private Limited
14.6. Siemens India
14.7. Bosch Ltd.
14.8. SAP India
14.9. General Electric
14.10. Zebra Technologies India Private Limited
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/fo8g4q
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