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The Internet of Things (IoT) in Discrete Parts Manufacturing

The Internet of Things (IoT) in Discrete Parts Manufacturing

Report Highlights
The global market for IoT discrete parts manufacturing was valued at $643.9 million in 2016. This market will grow from $862.6 million in 2017 to $2.8 billion by 2022 with a compound annual growth rate (CAGR) of 26.7% for the period of 2017-2022.

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

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.


Chapter 1: Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Product Breakdown
Analyst’s Credentials
Related BCC Research Reports
Chapter 2: Summary and Highlights
Chapter 3: IoT Market and Technology Background
Discrete Parts Manufacturing Industry Trends
What is IoT?
Things Gain Intelligence
The Need to Change
How IoT Benefits the Business
Going Beyond Machine-to-Machine Communication
How Does It Work?
Design Options
Fitting the Pieces Together
Getting a Fresh Start
Industrial IoT Applications Have Business Value
What Has Driven Manufacturing?
Facing IoT Challenges
Shortcomings with Legacy Systems
Revamping Business Processes
A Variety of Devices
Embedded System Challenges
Getting Everything into Harmony
System Limitations
A Complex System
The Network Architecture
The Need for a Central Platform
Security Challenges Arise
A High Level of Commitment Is Required
The Need for Standards
Many Different Considerations
Meeting the Network Needs
IoT Standards Organizations
Association for Advancing Automation
Association for Manufacturing Technology
American National Standards Institute
Association for Packaging and Processing Technology
AVnu Alliance
Embedded Linux and Android Alliance
International Electrotechnical Commission
Industrial Internet Consortium
International Society of Automation
International Standards Organization
Modelica Association
MTConnect Institute
National Institute of Standards and Technology
Organization for the Advancement of Structure Information Standards
Organization for Machine Automation and Control
Object Management Group
OPC Foundation
OPX Leadership Foundation
PLCopen
RAIN RFID
Devising a Plan
A Change in Thinking
Finding a Use Case
IoT Application Categories
The IoT Difference
The Connected Supply Chain
IoT Applications in Action
Chapter 4: IoT Software Market
The Emergence of IoT Platforms
How IoT Benefits Business
Striving for the Ultimate Goal
The Need for Developer Talent
Reducing Risk
Big Data Becomes a Big Force
Big Data Challenges
Traditional Tools Fail
Volume, Variety, Velocity and Variability Define Big Data
Making the Right Connection
The Need for Master Data Management
Big Data’s Many Management Challenges
Mining for Gold
Truth or Dare
What Is Happening Now?
Diving Deeper into the Data
An Incomplete Picture
Parallel Structure
The Need for Speed
Aggregation Needed
Working with Large Data Sets
Integrating Data from Multiple Sources
Automating the Collection of Data
Analyzing Data and Identifying Actionable Insights
The Growing Importance of Analytics
Making the Right Connection
Finding the Right Rule
Examining All Options
Dynamic Case Management Capabilities
Sensing Big Changes
The Potential of Edge Data
Edge Data’s Many Uses
Predictive Analytics’ Tremendous Potential
Security Software’s Growing Importance
Why IoT Devices are Insecure
Building Security from the Ground Up
Installing Barriers in Place
Security Becomes More Complex
The Importance of Application-level Security
The Need for Specialization
Chapter 5: IoT Hardware
Gaining Needed Visibility
New Hardware Directions
The Impact of Globalization
The Role of Embedded Systems
Sensors Take Center Stage
Distributed Control Systems
The Changing Plant Floor
The Latest DSC Developments
Programmable Logic Controllers
PLC Functionality
PLC Advances
Next Generation PLCs
PLC Improvements
Chapter 6: IoT Networking
Fieldbus, First Generation Industrial Networking
Ethernet’s Legacy
Ethernet in the Factory
EtherNet/IP’s Benefit
Seeing Stars
Meeting I/O Challenges
Monitoring Ethernet Connections
Simplifying Configurations
Network Optimization
Looking Ahead
The Impact of Wireless Network Connections
Wi-Fi, a Popular Networking Option
The HaLow Effect
Li-Fi Versus Wi-Fi
Bluetooth 5.0
Low on Bandwidth
Near Field Communications
SigFox
Chapter 7: Company Profiles
About BCC Research
About BCC Research
BCC Membership
BCC Custom Research
List of Tables
Summary Table: Global Market for IoT Discrete Parts Manufacturing, by Type, Through 2022 ($ Millions)
Table 1 Internet of Things System Benefits
Table 2 IoT Standards Bodies
Table 3 Global Market for IoT Discrete Parts Software, by Type, Through 2022 ($ Millions)
Table 4 Global Market for IoT Discrete Parts Software, by Industry, Through 2022 ($ Millions)
Table 5 Top Five IoT Discrete Parts Software Platform Suppliers, 2017 ($ Millions/%)
Table 6 Top Five IoT Discrete Parts Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 7 Top Five IoT Discrete Parts Software Platform Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 8 Top Five IoT Discrete Parts Software Platform Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 9 Top Five IoT Discrete Parts Software Platform Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 10 Top Five IoT Discrete Parts Software Platform Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 11 The Changing Data Management Platform
Table 12 The Big Data Ecosystem
Table 13 Global Market for IoT Discrete Parts Big Data Software, by Industry, Through 2022 ($ Millions)
Table 14 Top Five IoT Discrete Parts Big Data Software Suppliers, 2017 ($ Millions/%)
Table 15 Top Five IoT Discrete Parts Big Data Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 16 Top Five IoT Discrete Parts Big Data Software Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 17 Top Five IoT Discrete Parts Big Data Software Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 18 Top Five IoT Discrete Parts Big Data Software Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 19 Top Five IoT Discrete Parts Big Data Software Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 20 Global Market for IoT Discrete Parts Security Solutions, by Industry, Through 2022 ($ Millions)
Table 21 Top Five IoT Discrete Parts Security Solutions Suppliers, 2017 ($ Millions/%)
Table 22 Top Five IoT Discrete Parts Security Solution Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 23 Top Five IoT Discrete Parts Security Solutions Suppliers, for Electronics and Computers, 2017 ($ Millions/%)
Table 24 Top Five IoT Discrete Parts Security Solutions Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 25 Top Five IoT Discrete Parts Security Solutions Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 26 Top Five IoT Discrete Parts Security Solutions Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
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)
Table 29 Top Five IoT Discrete Parts Sensor Suppliers, 2017 ($ Millions/%)
Table 30 Top Five IoT Discrete Parts Sensor Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 31 Top Five IoT Discrete Parts Sensor Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 32 Top Five IoT Discrete Parts Sensor Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 33 Top Five IoT Discrete Parts Sensor Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 34 Top Five IoT Discrete Parts Sensor Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 35 Global Market for IoT Discrete Parts Distributed Control System, by Industry, Through 2022 ($ Millions)
Table 36 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%)
Table 37 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%)
Table 38 Top Five IoT Discrete Parts Distributed Control System Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 39 Top Five IoT Discrete Parts Distributed Control System Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 40 Top Five IoT Discrete Parts Distributed Control System Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 41 Top Five IoT Discrete Parts Distributed Control System Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 42 Global Market for IoT Discrete Parts Programmable Logic Controller, by Industry, Through 2022 ($ Millions)
Table 43 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers, 2017 ($ Millions/%)
Table 44 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 45 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 46 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 47 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 48 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 49 Global Market for IoT Discrete Parts Network Equipment, by Type, Through 2022 ($ Millions)
Table 50 Fieldbus Designs
Table 51 EtherNet/IP’s Potential Benefits
Table 52 Global Market for IoT Discrete Parts Wired Network, by Industry, Through 2022 ($ Millions)
Table 53 Top Five IoT Discrete Parts Wired Network Suppliers, 2017 ($ Millions/%)
Table 54 Top Five IoT Discrete Parts Wired Network Suppliers for Automotive and Transpiration, 2017 ($ Millions/%)
Table 55 Top Five IoT Discrete Parts Wired Network Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 56 Top Five IoT Discrete Parts Wired Network Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 57 Top Five IoT Discrete Parts Wired Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 58 Top Five IoT Discrete Parts Wired Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
Table 59 Global Market for IoT Discrete Parts Wireless Network Revenue, by Industry, Through 2022 ($ Millions)
Table 60 Top Five IoT Discrete Parts Wireless Network Suppliers, 2017 ($ Millions/%)
Table 61 Top Five IoT Discrete Parts Wireless Network Suppliers for Automotive and Transportation, 2017 ($ Millions/%)
Table 62 Top Five IoT Discrete Parts Wireless Network Suppliers for Electronics and Computers, 2017 ($ Millions/%)
Table 63 Top Five IoT Discrete Parts Wireless Network Suppliers for Consumer Goods, 2017 ($ Millions/%)
Table 64 Top Five IoT Discrete Parts Wireless Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%)
Table 65 Top Five IoT Discrete Parts Wireless Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%)
List of Figures
Summary Figure: Global Market for IoT Discrete Parts Manufacturing, by Type, 2016-2022 ($ Millions) 9
Figure 1 Ethernet Layers

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