As per the research conducted by GME, the IoT in Chemical Industry Market will grow witha CAGR value of 9.5%, to hit xx Billion USD by 2026. The rising need for product visibility in the industry, higher productivity, faster production cycles, reducing the cost of quality management is the major market drivers that are contributing to the growth of the IoT in the chemical industry market.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “IoT in Chemical Industry Market - Forecast to 2026"
https://www.globalmarketestimates.com/market-report/iot-in-chemical-industry-market-2760
By Technology (Enabling Technology [Industrial Robotics, Machine Vision, Internet of Things, 3D Printing, Big Data, Machine Condition Monitoring, AR & VR, Artificial Intelligence and Digital Twin] and Operational Technology [Distributed Control System, Programmable Logic Controller, Manufacturing Execution System, Enterprise Resource Planning, Supervisory Control, and Data Acquisition, Plant Asset Management, Human Machine Interface, and Product Lifecycle Management]), By Chemical Verticals (Mining & Metals, Food & Beverages, Chemicals [Petrochemicals & Polymers, Specialty Chemicals, Fertilizers & Agrochemicals and Others] Pharmaceuticals, and Paper & Pulp Industry) Competitive Landscape, Company Market Share Analysis, and Competitor Analysis.
Key Market Insights
- Based on research, the enabling technology segment will be the fastest-growing in the IoT market in terms of value during the forecast period.
- The mining & metal industry segment will have the highest growth rate in terms of chemical outlook during the forecast period of 2021 to 2026
- The APAC region will be dominating the IoT in the chemical industry market due to the large investments made in various industries for digitalization.
- Siemens AG (Germany), General Electric Co (US), ABB Ltd (Switzerland), Rockwell Automation, Inc. (US), Emerson Electric Co (US), Yokogawa Electric Corporation (Japan), Honeywell International Inc. (US), Mitsubishi Electric Corporation (Japan), and Schneider Electric SE. (Germany) are the top players in the IoT in the chemical industry market.
Browse the Report @https://www.globalmarketestimates.com/market-report/iot-in-chemical-industry-market-2760
Technology Outlook (Revenue, USD Billion, 2021-2026)
- Enabling Technology
- Industrial Robotics
- Machine Vision
- Internet of Things
- 3D Printing
- Big Data
- Machine Condition Monitoring
- AR & VR
- Artificial Intelligence
- Digital Twin
- Operational Technology
- Distributed Control System
- Programmable Logic Controller
- Manufacturing Execution System
- Enterprise Resource Planning
- Supervisory Control
- Data Acquisition
- Plant Asset Management
- Human Machine Interface
- Product Lifecycle Management
Chemical Vertical Outlook (Revenue, USD Billion, 2021-2026)
- Mining & Metals
- Food & Beverages
- Chemicals
- Petrochemicals & Polymers
- Specialty Chemicals
- Fertilizers & Agrochemicals
- Others
- Pharmaceuticals
- Paper & Pulp Industry
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Central & South America
- Brazil
- Argentina
- Rest of CSA
Middle East & Africa
- Saudi Arabia
- UAE
- Rest of MEA
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