by Type (AC,DC), Power Rating (<1KW, 1-2.2KW, 2.2-375 KW, >375KW), End User (Industrial, Commercial, Residential, Transportation, and Agriculture), Rotor Type, Output Power, and Region
Publisher: MarketsandMarkets
# of Pages: 215
Rating:
1 User License $4,950
Publication Date: November, 2020
Price: $4,950 / User License
Buy Now
RPT38228
LIC503
1 User $4,950
TABLE OF CONTENTS
1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 DEFINITION 30
1.2.1 ELECTRIC MOTOR MARKET, BY TYPE: INCLUSIONS & EXCLUSIONS 31
1.2.2 ELECTRIC MOTOR MARKET BY END USER: INCLUSIONS & EXCLUSIONS 31
1.3 MARKET SCOPE 31
1.3.1 MARKET SEGMENTATION 31
1.3.2 REGIONAL SCOPE 32
1.4 YEARS CONSIDERED FOR THE STUDY 32
1.5 CURRENCY 33
1.6 LIMITATIONS 33
1.7 STAKEHOLDERS 33
1.8 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 ELECTRIC MOTOR MARKET: RESEARCH DESIGN 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION METHODOLOGY 36
2.2.1 SECONDARY DATA 37
2.2.1.1 Key data from secondary sources 37
2.2.2 PRIMARY DATA 37
2.2.2.1 Key data from primary sources 38
2.2.2.2 Breakdown of primaries 38
2.3 SCOPE 39
FIGURE 3 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR THE ELECTRIC MOTOR MARKET 39
2.4 MARKET SIZE ESTIMATION 40
2.4.1 DEMAND-SIDE ANALYSIS 40
FIGURE 4 ELECTRIC MOTOR MARKET: REGION-WISE ANALYSIS 40
2.4.1.1 Calculation 40
2.4.1.2 Assumptions 41
2.4.2 SUPPLY-SIDE ANALYSIS 41
FIGURE 5 ELECTRIC MOTOR MARKET: SUPPLY-SIDE ANALYSIS 41
2.4.2.1 Calculations 42
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF ELECTRIC MOTORS 42
2.4.2.2 Assumptions 43
FIGURE 7 COMPANY REVENUE ANALYSIS, 2019 43
2.4.3 FORECAST 43
3 EXECUTIVE SUMMARY 44
3.1 SCENARIO ANALYSIS 45
FIGURE 8 SCENARIO ANALYSIS: ELECTRIC MOTOR MARKET, 2020–2026 45
3.1.1 OPTIMISTIC SCENARIO 45
3.1.2 REALISTIC SCENARIO 46
3.1.3 PESSIMISTIC SCENARIO 46
TABLE 1 ELECTRIC MOTOR MARKET SNAPSHOT 47
FIGURE 9 ASIA PACIFIC DOMINATED ELECTRIC MOTOR MARKET IN 2019 48
FIGURE 10 AC MOTORS SEGMENT EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY TYPE, DURING FORECAST PERIOD 48
FIGURE 11 INNER ROTOR SEGMENT EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY ROTOR TYPE, DURING FORECAST PERIOD 49
FIGURE 12 > 1 HP MOTORS SEGMENT EXPECTED TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY OUTPUT POWER, DURING FORECAST PERIOD 49
FIGURE 13 <1 KW SEGMENT EXPECTED TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY POWER RATING, DURING FORECAST PERIOD 50
FIGURE 14 INDUSTRIAL SEGMENT EXPECTED TO CONTINUE TO DOMINATE ELECTRIC MOTOR MARKET, BY END USER, DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC MOTOR MARKET 51
FIGURE 15 GROWING EMPHASIS ON RENEWABLE ENERGY AND ELECTRIC VEHICLE INTEGRATION IS EXPECTED TO DRIVE ELECTRIC MOTOR MARKET DURING 2020–2026 51
4.2 ELECTRIC MOTOR MARKET, BY REGION 52
FIGURE 16 ELECTRIC MOTOR MARKET IN ASIA PACIFIC EXPECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 52
4.3 ELECTRIC MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING & COUNTRY 52
FIGURE 17 <1 KW AND CHINA HELD LARGEST SHARES OF ELECTRIC MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING AND COUNTRY, RESPECTIVELY, IN 2019 52
4.4 ELECTRIC MOTOR MARKET, BY ROTOR TYPE 53
FIGURE 18 INNER ROTOR SEGMENT PROJECTED TO CONTINUE TO DOMINATE ELECTRIC MOTOR MARKET, BY ROTOR TYPE, IN 2026 53
4.5 ELECTRIC MOTOR MARKET, BY TYPE 53
FIGURE 19 AC SEGMENT EXPECTED TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY TYPE, IN 2026 53
4.6 ELECTRIC MOTOR MARKET, BY END USER 53
FIGURE 20 INDUSTRIAL SEGMENT LIKELY TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY END USER, IN 2026 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 COVID-19 HEALTH ASSESSMENT 54
FIGURE 21 COVID-19 GLOBAL PROPAGATION 55
FIGURE 22 COVID-19 PROPAGATION IN SELECTED COUNTRIES 55
5.3 ROAD TO RECOVERY 56
FIGURE 23 RECOVERY ROAD FOR 2020 & 2021 56
5.4 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 24 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 57
5.5 MARKET DYNAMICS 58
FIGURE 25 ELECTRIC MOTOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 58
5.5.1 DRIVERS 58
5.5.1.1 Increased demand for HVAC systems among residential, commercial, and industrial end users 58
5.5.1.2 Growing use of electric motors across major industries 59
5.5.1.3 Rising demand for energy-efficient and low-cost maintenance motors 59
5.5.2 RESTRAINTS 59
5.5.2.1 Fluctuating prices of raw material from China 59
5.5.3 OPPORTUNITIES 60
5.5.3.1 Transition of global automotive industry toward electric vehicles 60
FIGURE 26 WORLDWIDE AUTOMOBILE PRODUCTION, MILLION UNIT, 2015-2019 60
5.5.3.2 Emerging robotics technology will increase demand for
electric motors 60
5.5.4 CHALLENGES 61
5.5.4.1 Easy availability of low-quality and inexpensive electric motors 61
5.5.4.2 Shortage of components and parts due to COVID-19 leading to higher product cost 61
TABLE 2 REGION/COUNTRY-WISE PERCENTAGE DEVIATION FROM BENCHMARKS DUE TO COVID-19 61
5.6 YC SHIFT 62
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR ELECTRIC VEHICLE MANUFACTURERS 62
FIGURE 27 REVENUE SHIFT FOR ELECTRIC MOTORS 62
5.7 AVERAGE SELLING PRICE TREND 63
FIGURE 28 AVERAGE SELLING PRICE OF ELECTRIC MOTORS 63
5.8 ECOSYSTEM MARKET MAP 63
FIGURE 29 ECOSYSTEM MARKET MAP 63
5.9 VALUE CHAIN ANALYSIS 64
FIGURE 30 ELECTRIC MOTOR VALUE CHAIN 64
5.9.1 RAW MATERIAL PROVIDERS 64
5.9.2 ORIGINAL EQUIPMENT MANUFACTURERS 64
5.9.3 ASSEMBLERS/MANUFACTURERS 64
5.9.4 DISTRIBUTORS 65
5.9.5 END USERS 65
5.10 TECHNOLOGY ANALYSIS 65
5.10.1 TECHNOLOGY TRENDS FOR VARIOUS MOTOR TECHNOLOGIES 65
TABLE 3 COMPARISION OF DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES 66
5.11 CASE STUDY ANALYSIS 66
5.11.1 ELECTRIC MOTORS FOR AIRCRAFT 66
5.11.1.1 Parker used AMETEK’s hydraulic pump motor for the US Airforce’s next generation T-X jet trainer aircraft 66
5.11.2 COST EFFECTIVE MEPS (MINIMUM ENERGY PERFORMANCE STANDARD) LEVELS FOR MOTORS 67
5.11.2.1 The Energy Research Centre of the Netherlands developed a market transformation program for Indonesia 67
6 ELECTRIC MOTOR MARKET, BY TYPE 68
6.1 INTRODUCTION 69
FIGURE 31 AC SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019 69
TABLE 4 ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 69
6.2 AC MOTORS 70
TABLE 5 AC: ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 70
6.3 DC MOTORS 71
TABLE 6 DC: ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 71
7 ELECTRIC MOTOR MARKET, BY END USER 72
7.1 INTRODUCTION 73
FIGURE 32 INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019 73
TABLE 7 ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 73
7.2 INDUSTRIAL 74
7.2.1 MINING & METALS 74
7.2.2 CHEMICALS & PETROCHEMICALS 74
7.2.3 OIL & GAS 74
7.2.4 CEMENT & MANUFACTURING 75
7.2.5 UTILITIES 75
7.2.6 RENEWABLES 75
TABLE 8 INDUSTRIAL: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 75
7.3 COMMERCIAL 76
TABLE 9 COMMERCIAL: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 76
7.4 RESIDENTIAL 76
TABLE 10 RESIDENTIAL: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 77
7.5 TRANSPORTATION 77
TABLE 11 TRANSPORTATION: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 77
7.6 AGRICULTURE 78
TABLE 12 AGRICULTURE: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 78
8 ELECTRIC MOTOR MARKET, BY POWER RATING 79
8.1 INTRODUCTION 80
FIGURE 33 < 1 KW SEGMENT EXPECTED TO DOMINATE ELECTRIC MOTOR
MARKET IN 2019 80
TABLE 13 ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 80
8.2 <1 KW MOTORS 81
TABLE 14 < 1 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 81
8.3 1 KW–2.2 KW MOTORS 81
TABLE 15 1 KW–2.2 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 82
8.4 2.2 KW- 375 KW MOTORS 82
TABLE 16 2.2 KW- 375 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 82
8.5 > 375 KW MOTORS 83
TABLE 17 > 375 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 83
9 ELECTRIC MOTOR MARKET, BY ROTOR TYPE 84
9.1 INTRODUCTION 85
FIGURE 34 INNER ROTOR SEGMENT TO LEAD ELECTRIC MOTOR MARKET IN 2019 85
TABLE 18 ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 85
9.2 INNER ROTOR 86
9.2.1 INCREASING MANUFACTURE OF ELECTRICAL VEHICLES TO FUEL DEMAND FOR INNER ROTOR BRUSHLESS DC MOTORS 86
TABLE 19 INNER ROTOR: ELECTRIC MOTOR MARKET, BY REGION,
2018–2026 (USD MILLION) 86
9.3 OUTER ROTOR 86
TABLE 20 OUTER ROTOR: ELECTRIC MOTOR MARKET, BY REGION,
2018–2026 (USD MILLION) 87
10 ELECTRIC MOTOR MARKET, BY OUTPUT POWER 88
10.1 INTRODUCTION 89
FIGURE 35 > 1 HP SEGMENT EXPECTED TO DOMINATE ELECTRIC MOTOR MARKET IN 2019 89
TABLE 21 ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2014–2021 (USD MILLION) 89
10.2 < 1 HP MOTORS 90
TABLE 22 < 1 HP: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 90
10.3 > 1 HP MOTORS 90
TABLE 23 > 1 HP: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 91
11 ELECTRIC MOTOR MARKET, BY REGION 92
11.1 INTRODUCTION 93
FIGURE 36 REGIONAL SNAPSHOT: ELECTRIC MOTOR MARKET 93
TABLE 24 ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 93
11.2 ASIA PACIFIC 94
11.2.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN ASIA PACIFIC 94
TABLE 25 ASIA PACIFIC: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 94
FIGURE 37 ASIA PACIFIC: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 94
FIGURE 38 ASIA PACIFIC: ELECTRIC MOTOR MARKET SNAPSHOT 95
11.2.2 BY TYPE 95
TABLE 26 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 95
11.2.3 BY ROTOR TYPE 96
TABLE 27 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 96
11.2.4 BY OUTPUT POWER 96
TABLE 28 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 96
11.2.5 BY POWER RATING 96
TABLE 29 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 96
11.2.6 BY END USER 97
TABLE 30 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 97
11.2.7 BY COUNTRY 97
TABLE 31 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 97
11.2.7.1 China 98
11.2.7.1.1 Increasing manufacturing activities to contribute to growth of electric motor market 98
TABLE 32 CHINA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 98
TABLE 33 CHINA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 98
TABLE 34 CHINA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 99
TABLE 35 CHINA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 99
TABLE 36 CHINA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 99
11.2.7.2 India 100
11.2.7.2.1 Ongoing industrialization to drive demand for electric motors 100
TABLE 37 INDIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 100
TABLE 38 INDIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 100
TABLE 39 INDIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 101
TABLE 40 INDIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 101
TABLE 41 INDIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 101
11.2.7.3 Japan 102
11.2.7.3.1 Growing focus on technologically advanced industrial equipment and manufacturing processes to boost demand for electric motors 102
TABLE 42 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 102
TABLE 43 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 102
TABLE 44 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 103
TABLE 45 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 103
TABLE 46 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 103
11.2.7.4 SOUTH KOREA 104
11.2.7.4.1 Increasing electronic and automobile manufacturing to drive growth of electric motor market 104
TABLE 47 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 104
TABLE 48 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 104
TABLE 49 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 105
TABLE 50 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 105
TABLE 51 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 105
11.2.8 AUSTRALIA 106
11.2.8.1 Ongoing automation of automotive industry leading to growth of electric motor market 106
TABLE 52 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 106
TABLE 53 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 106
TABLE 54 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 107
TABLE 55 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 107
TABLE 56 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 107
11.2.9 REST OF ASIA PACIFIC 108
TABLE 57 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 108
TABLE 58 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 108
TABLE 59 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 108
TABLE 60 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 109
TABLE 61 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 109
11.3 EUROPE 109
11.3.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN EUROPE 110
TABLE 62 EUROPE: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 110
FIGURE 39 EUROPE: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 110
FIGURE 40 EUROPE: ELECTRIC MOTOR MARKET SNAPSHOT 111
11.3.2 BY TYPE 111
TABLE 63 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 111
11.3.3 BY ROTOR TYPE 112
TABLE 64 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 112
11.3.4 BY OUTPUT POWER 112
TABLE 65 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 112
11.3.5 BY POWER RATING 112
TABLE 66 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 112
11.3.6 BY END USER 113
TABLE 67 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 113
11.3.7 BY COUNTRY 113
TABLE 68 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 113
11.3.7.1 Germany 114
11.3.7.1.1 Increasing electric vehicle and medical equipment production to fuel demand for electric motors 114
TABLE 69 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 114
TABLE 70 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 114
TABLE 71 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 115
TABLE 72 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 115
TABLE 73 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 115
11.3.7.2 RUSSIA 116
11.3.7.2.1 Ongoing modernization of manufacturing sector to contribute to growth of electric motors 116
TABLE 74 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 116
TABLE 75 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 116
TABLE 76 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 117
TABLE 77 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 117
TABLE 78 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 117
11.3.7.3 ITALY 118
11.3.7.3.1 Rising demand for electric vehicles leading to growth of electric motor market 118
TABLE 79 ITALY: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 118
TABLE 80 ITALY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 118
TABLE 81 ITALY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 119
TABLE 82 ITALY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 119
TABLE 83 ITALY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 119
11.3.7.4 FRANCE 120
11.3.7.4.1 Implementation of zero carbon emission policies to increase electric vehicle and wind power generation 120
TABLE 84 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 120
TABLE 85 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 120
TABLE 86 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 120
TABLE 87 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 121
TABLE 88 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 121
11.3.8 UK 121
11.3.8.1 Surging sales of vehicles and flourishing aerospace & defense industry to drive growth of electric motor market 121
TABLE 89 UK: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 122
TABLE 90 UK: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 122
TABLE 91 UK: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 122
TABLE 92 UK: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 123
TABLE 93 UK: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 123
11.3.9 SWEDEN 123
11.3.9.1 Increasing industrial and infrastructure demand to drive growth of electric motor market 123
TABLE 94 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 124
TABLE 95 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 124
TABLE 96 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 124
TABLE 97 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 125
TABLE 98 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 125
11.3.10 NORWAY 125
11.3.10.1 New zero emission policy to boost renewables sector and drive growth of electric motor market 125
TABLE 99 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 126
TABLE 100 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 126
TABLE 101 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 126
TABLE 102 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 126
TABLE 103 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 127
11.3.11 DENMARK 127
11.3.11.1 Increasing adoption of electric vehicles to drive electric motor market 127
TABLE 104 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 127
TABLE 105 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 128
TABLE 106 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 128
TABLE 107 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 128
TABLE 108 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 129
11.4 NORTH AMERICA 129
11.4.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN NORTH AMERICA 129
TABLE 109 NORTH AMERICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 129
FIGURE 41 NORTH AMERICA: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 130
TABLE 110 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 130
TABLE 111 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 130
TABLE 112 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 131
TABLE 113 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 131
TABLE 114 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 131
TABLE 115 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 132
11.4.2 US 132
11.4.2.1 Ongoing investments to develop advanced manufacturing technologies to fuel demand for electric motors 132
TABLE 116 US: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 133
TABLE 117 US: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 133
TABLE 118 US: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 133
TABLE 119 US: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 133
TABLE 120 US: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 134
11.4.3 CANADA 134
11.4.3.1 Flourishing automotive industry to contribute to demand for
electric motors 134
TABLE 121 CANADA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 134
TABLE 122 CANADA ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 135
TABLE 123 CANADA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 135
TABLE 124 CANADA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 135
TABLE 125 CANADA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 136
11.4.4 MEXICO 136
11.4.4.1 Increasing automobile production to drive demand for electric motors 136
TABLE 126 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 137
TABLE 127 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 137
TABLE 128 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 137
TABLE 129 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 137
TABLE 130 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 138
11.5 SOUTH AMERICA 138
11.5.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN SOUTH AMERICA 138
TABLE 131 SOUTH AMERICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 138
FIGURE 42 SOUTH AMERICA: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 139
TABLE 132 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 139
TABLE 133 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 139
TABLE 134 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 140
TABLE 135 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 140
TABLE 136 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 140
TABLE 137 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 141
11.5.2 BRAZIL 142
11.5.2.1 Flourishing automotive industry to fuel demand for electric motors 142
TABLE 138 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 142
TABLE 139 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 142
TABLE 140 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 143
TABLE 141 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 143
TABLE 142 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 143
11.5.3 ARGENTINA 144
11.5.3.1 Rising demand for electric motors from consumer electronics industry to fuel market growth 144
TABLE 143 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 144
TABLE 144 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 144
TABLE 145 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 145
TABLE 146 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 145
TABLE 147 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 145
11.5.4 REST OF SOUTH AMERICA 146
TABLE 148 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 146
TABLE 149 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 146
TABLE 150 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 146
TABLE 151 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 147
TABLE 152 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 147
11.6 THE MIDDLE EAST & AFRICA 147
11.6.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN
THE MIDDLE EAST & AFRICA 148
TABLE 153 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS, 2018–2026 (USD MILLION) 148
FIGURE 43 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET
SCENARIO ANALYSIS 148
TABLE 154 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 149
TABLE 155 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 149
TABLE 156 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 149
TABLE 157 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 149
TABLE 158 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 150
TABLE 159 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION) 150
11.6.2 SAUDI ARABIA 150
11.6.2.1 Increasing automotive production to drive growth of electric
motor market 150
TABLE 160 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 151
TABLE 161 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 151
TABLE 162 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 151
TABLE 163 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 152
TABLE 164 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 152
11.6.3 UAE 152
11.6.3.1 Growing share of automobile sector in economy driving demand for electric motors 152
TABLE 165 UAE: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 153
TABLE 166 UAE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 153
TABLE 167 UAE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 153
TABLE 168 UAE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 154
TABLE 169 UAE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 154
11.6.4 SOUTH AFRICA 154
11.6.4.1 Increasing investments to boost industrial manufacturing to contribute to demand for electric motors 154
TABLE 170 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 155
TABLE 171 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 155
TABLE 172 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 155
TABLE 173 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 155
TABLE 174 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 156
11.6.5 REST OF THE MIDDLE EAST & AFRICA 156
TABLE 175 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY TYPE, 2018–2026 (USD MILLION) 157
TABLE 176 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY ROTOR TYPE, 2018–2026 (USD MILLION) 157
TABLE 177 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY OUTPUT POWER, 2018–2026 (USD MILLION) 157
TABLE 178 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY POWER RATING, 2018–2026 (USD MILLION) 157
TABLE 179 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY END USER, 2018–2026 (USD MILLION) 158
12 COMPETITIVE LANDSCAPE 159
12.1 OVERVIEW 159
FIGURE 44 KEY DEVELOPMENTS IN ELECTRIC MOTOR MARKET FROM JANUARY 2016 TO SEPTEMBER 2020 160
12.2 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 161
FIGURE 45 REVENUE ANALYSIS, 2019 161
12.3 MARKET EVALUATION FRAMEWORK 162
TABLE 180 MARKET EVALUATION FRAMEWORK 162
12.4 KEY MARKET DEVELOPMENTS 163
12.4.1 PRODUCT LAUNCHES 163
12.4.2 INVESTMENTS & EXPANSIONS 163
12.4.3 CONTRACTS 163
12.4.4 MERGERS & ACQUISITIONS 164
12.4.5 PARTNERSHIPS & COLLABORATIONS 164
12.5 COMPANY EVALUATION QUADRANT 165
12.5.1 STARS 165
12.5.2 INNOVATORS 165
12.5.3 PERVASIVE 165
12.5.4 EMERGING COMPANIES 165
FIGURE 46 ELECTRIC MOTOR MARKET COMPANY EVALUATION MATRIX 166
13 COMPANY PROFILES 167
(Business overview, Products offered, Recent Developments, SWOT Analysis, right to win)*
13.1 ABB 167
FIGURE 47 ABB: COMPANY SNAPSHOT 167
FIGURE 48 ABB: SWOT ANALYSIS 169
13.2 SIEMENS 171
FIGURE 49 SIEMENS: COMPANY SNAPSHOT 171
FIGURE 50 SIEMENS: SWOT ANALYSIS 173
13.3 NIDEC CORPORATION 174
FIGURE 51 NIDEC CORPORATION: COMPANY SNAPSHOT 174
FIGURE 52 NIDEC CORPORATION: SWOT ANALYSIS 177
13.4 WEG 179
FIGURE 53 WEG: COMPANY SNAPSHOT 179
FIGURE 54 WEG: SWOT ANALYSIS 181
13.5 JOHNSON ELECTRIC 183
FIGURE 55 JOHNSON ELECTRIC: COMPANY SNAPSHOT 183
FIGURE 56 JOHNSON ELECTRIC: SWOT ANALYSIS 186
13.6 WOLONG 187
13.7 ALLIED MOTION TECHNOLOGIES 189
FIGURE 57 ALLIED MOTION TECHNOLOGIES: COMPANY SNAPSHOT 189
13.8 REGAL BELOIT CORPORATION 193
FIGURE 58 REGAL BELOIT CORPORATION: COMPANY SNAPSHOT 193
13.9 AMETEK 195
FIGURE 59 AMETEK: COMPANY SNAPSHOT 195
13.10 FAULHABER GROUP 199
13.11 TOSHIBA CORPORATION 201
FIGURE 60 TOSHIBA CORPORATION: COMPANY SNAPSHOT 201
13.12 HYOSUNG HEAVY INDUSTRIES 204
FIGURE 61 HYOSUNG HEAVY INDUSTRIES: COMPANY SNAPSHOT 204
13.13 TECO ELECTRIC & MACHINERY 205
FIGURE 62 TECO ELECTRIC & MACHINERY: COMPANY SNAPSHOT 205
13.14 MAXON MOTOR 208
13.15 BUHLER MOTOR 210
13.16 ARC SYSTEMS 211
13.17 BROOK CROMPTON 211
13.18 HITACHI 212
13.19 ROCKWELL AUTOMATION 213
13.20 YASKAWA 214
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, Right to win might not be captured in case of unlisted companies.
14 APPENDIX 215
14.1 INSIGHTS OF INDUSTRY EXPERTS 215
14.2 DISCUSSION GUIDE 216
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 220
14.4 AVAILABLE CUSTOMIZATIONS 222
14.5 RELATED REPORTS 222
14.6 AUTHOR DETAILS 223
TABLE OF CONTENTS
1 INTRODUCTION 30
1.1 OBJECTIVES OF THE STUDY 30
1.2 DEFINITION 30
1.2.1 ELECTRIC MOTOR MARKET, BY TYPE: INCLUSIONS & EXCLUSIONS 31
1.2.2 ELECTRIC MOTOR MARKET BY END USER: INCLUSIONS & EXCLUSIONS 31
1.3 MARKET SCOPE 31
1.3.1 MARKET SEGMENTATION 31
1.3.2 REGIONAL SCOPE 32
1.4 YEARS CONSIDERED FOR THE STUDY 32
1.5 CURRENCY 33
1.6 LIMITATIONS 33
1.7 STAKEHOLDERS 33
1.8 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 35
2.1 RESEARCH DATA 35
FIGURE 1 ELECTRIC MOTOR MARKET: RESEARCH DESIGN 35
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 36
FIGURE 2 DATA TRIANGULATION METHODOLOGY 36
2.2.1 SECONDARY DATA 37
2.2.1.1 Key data from secondary sources 37
2.2.2 PRIMARY DATA 37
2.2.2.1 Key data from primary sources 38
2.2.2.2 Breakdown of primaries 38
2.3 SCOPE 39
FIGURE 3 MAIN METRICS CONSIDERED WHILE CONSTRUCTING AND ASSESSING DEMAND FOR THE ELECTRIC MOTOR MARKET 39
2.4 MARKET SIZE ESTIMATION 40
2.4.1 DEMAND-SIDE ANALYSIS 40
FIGURE 4 ELECTRIC MOTOR MARKET: REGION-WISE ANALYSIS 40
2.4.1.1 Calculation 40
2.4.1.2 Assumptions 41
2.4.2 SUPPLY-SIDE ANALYSIS 41
FIGURE 5 ELECTRIC MOTOR MARKET: SUPPLY-SIDE ANALYSIS 41
2.4.2.1 Calculations 42
FIGURE 6 KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF ELECTRIC MOTORS 42
2.4.2.2 Assumptions 43
FIGURE 7 COMPANY REVENUE ANALYSIS, 2019 43
2.4.3 FORECAST 43
3 EXECUTIVE SUMMARY 44
3.1 SCENARIO ANALYSIS 45
FIGURE 8 SCENARIO ANALYSIS: ELECTRIC MOTOR MARKET, 2020–2026 45
3.1.1 OPTIMISTIC SCENARIO 45
3.1.2 REALISTIC SCENARIO 46
3.1.3 PESSIMISTIC SCENARIO 46
TABLE 1 ELECTRIC MOTOR MARKET SNAPSHOT 47
FIGURE 9 ASIA PACIFIC DOMINATED ELECTRIC MOTOR MARKET IN 2019 48
FIGURE 10 AC MOTORS SEGMENT EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY TYPE, DURING FORECAST PERIOD 48
FIGURE 11 INNER ROTOR SEGMENT EXPECTED TO CONTINUE TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY ROTOR TYPE, DURING FORECAST PERIOD 49
FIGURE 12 > 1 HP MOTORS SEGMENT EXPECTED TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY OUTPUT POWER, DURING FORECAST PERIOD 49
FIGURE 13 <1 KW SEGMENT EXPECTED TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY POWER RATING, DURING FORECAST PERIOD 50
FIGURE 14 INDUSTRIAL SEGMENT EXPECTED TO CONTINUE TO DOMINATE ELECTRIC MOTOR MARKET, BY END USER, DURING FORECAST PERIOD 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC MOTOR MARKET 51
FIGURE 15 GROWING EMPHASIS ON RENEWABLE ENERGY AND ELECTRIC VEHICLE INTEGRATION IS EXPECTED TO DRIVE ELECTRIC MOTOR MARKET DURING 2020–2026 51
4.2 ELECTRIC MOTOR MARKET, BY REGION 52
FIGURE 16 ELECTRIC MOTOR MARKET IN ASIA PACIFIC EXPECTED TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 52
4.3 ELECTRIC MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING & COUNTRY 52
FIGURE 17 <1 KW AND CHINA HELD LARGEST SHARES OF ELECTRIC MOTOR MARKET IN ASIA PACIFIC, BY POWER RATING AND COUNTRY, RESPECTIVELY, IN 2019 52
4.4 ELECTRIC MOTOR MARKET, BY ROTOR TYPE 53
FIGURE 18 INNER ROTOR SEGMENT PROJECTED TO CONTINUE TO DOMINATE ELECTRIC MOTOR MARKET, BY ROTOR TYPE, IN 2026 53
4.5 ELECTRIC MOTOR MARKET, BY TYPE 53
FIGURE 19 AC SEGMENT EXPECTED TO HOLD LARGER SHARE OF ELECTRIC MOTOR MARKET, BY TYPE, IN 2026 53
4.6 ELECTRIC MOTOR MARKET, BY END USER 53
FIGURE 20 INDUSTRIAL SEGMENT LIKELY TO CONTINUE TO HOLD LARGEST SHARE OF ELECTRIC MOTOR MARKET, BY END USER, IN 2026 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 COVID-19 HEALTH ASSESSMENT 54
FIGURE 21 COVID-19 GLOBAL PROPAGATION 55
FIGURE 22 COVID-19 PROPAGATION IN SELECTED COUNTRIES 55
5.3 ROAD TO RECOVERY 56
FIGURE 23 RECOVERY ROAD FOR 2020 & 2021 56
5.4 COVID-19 ECONOMIC ASSESSMENT 57
FIGURE 24 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020 57
5.5 MARKET DYNAMICS 58
FIGURE 25 ELECTRIC MOTOR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 58
5.5.1 DRIVERS 58
5.5.1.1 Increased demand for HVAC systems among residential, commercial, and industrial end users 58
5.5.1.2 Growing use of electric motors across major industries 59
5.5.1.3 Rising demand for energy-efficient and low-cost maintenance motors 59
5.5.2 RESTRAINTS 59
5.5.2.1 Fluctuating prices of raw material from China 59
5.5.3 OPPORTUNITIES 60
5.5.3.1 Transition of global automotive industry toward electric vehicles 60
FIGURE 26 WORLDWIDE AUTOMOBILE PRODUCTION, MILLION UNIT, 2015-2019 60
5.5.3.2 Emerging robotics technology will increase demand for
electric motors 60
5.5.4 CHALLENGES 61
5.5.4.1 Easy availability of low-quality and inexpensive electric motors 61
5.5.4.2 Shortage of components and parts due to COVID-19 leading to higher product cost 61
TABLE 2 REGION/COUNTRY-WISE PERCENTAGE DEVIATION FROM BENCHMARKS DUE TO COVID-19 61
5.6 YC SHIFT 62
5.6.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR ELECTRIC VEHICLE MANUFACTURERS 62
FIGURE 27 REVENUE SHIFT FOR ELECTRIC MOTORS 62
5.7 AVERAGE SELLING PRICE TREND 63
FIGURE 28 AVERAGE SELLING PRICE OF ELECTRIC MOTORS 63
5.8 ECOSYSTEM MARKET MAP 63
FIGURE 29 ECOSYSTEM MARKET MAP 63
5.9 VALUE CHAIN ANALYSIS 64
FIGURE 30 ELECTRIC MOTOR VALUE CHAIN 64
5.9.1 RAW MATERIAL PROVIDERS 64
5.9.2 ORIGINAL EQUIPMENT MANUFACTURERS 64
5.9.3 ASSEMBLERS/MANUFACTURERS 64
5.9.4 DISTRIBUTORS 65
5.9.5 END USERS 65
5.10 TECHNOLOGY ANALYSIS 65
5.10.1 TECHNOLOGY TRENDS FOR VARIOUS MOTOR TECHNOLOGIES 65
TABLE 3 COMPARISION OF DIFFERENT COMMERCIALLY AVAILABLE MOTOR TECHNOLOGIES 66
5.11 CASE STUDY ANALYSIS 66
5.11.1 ELECTRIC MOTORS FOR AIRCRAFT 66
5.11.1.1 Parker used AMETEK’s hydraulic pump motor for the US Airforce’s next generation T-X jet trainer aircraft 66
5.11.2 COST EFFECTIVE MEPS (MINIMUM ENERGY PERFORMANCE STANDARD) LEVELS FOR MOTORS 67
5.11.2.1 The Energy Research Centre of the Netherlands developed a market transformation program for Indonesia 67
6 ELECTRIC MOTOR MARKET, BY TYPE 68
6.1 INTRODUCTION 69
FIGURE 31 AC SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019 69
TABLE 4 ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 69
6.2 AC MOTORS 70
TABLE 5 AC: ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 70
6.3 DC MOTORS 71
TABLE 6 DC: ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 71
7 ELECTRIC MOTOR MARKET, BY END USER 72
7.1 INTRODUCTION 73
FIGURE 32 INDUSTRIAL SEGMENT ACCOUNTED FOR LARGEST MARKET SHARE IN 2019 73
TABLE 7 ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 73
7.2 INDUSTRIAL 74
7.2.1 MINING & METALS 74
7.2.2 CHEMICALS & PETROCHEMICALS 74
7.2.3 OIL & GAS 74
7.2.4 CEMENT & MANUFACTURING 75
7.2.5 UTILITIES 75
7.2.6 RENEWABLES 75
TABLE 8 INDUSTRIAL: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 75
7.3 COMMERCIAL 76
TABLE 9 COMMERCIAL: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 76
7.4 RESIDENTIAL 76
TABLE 10 RESIDENTIAL: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 77
7.5 TRANSPORTATION 77
TABLE 11 TRANSPORTATION: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 77
7.6 AGRICULTURE 78
TABLE 12 AGRICULTURE: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 78
8 ELECTRIC MOTOR MARKET, BY POWER RATING 79
8.1 INTRODUCTION 80
FIGURE 33 < 1 KW SEGMENT EXPECTED TO DOMINATE ELECTRIC MOTOR
MARKET IN 2019 80
TABLE 13 ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 80
8.2 <1 KW MOTORS 81
TABLE 14 < 1 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 81
8.3 1 KW–2.2 KW MOTORS 81
TABLE 15 1 KW–2.2 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 82
8.4 2.2 KW- 375 KW MOTORS 82
TABLE 16 2.2 KW- 375 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 82
8.5 > 375 KW MOTORS 83
TABLE 17 > 375 KW: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 83
9 ELECTRIC MOTOR MARKET, BY ROTOR TYPE 84
9.1 INTRODUCTION 85
FIGURE 34 INNER ROTOR SEGMENT TO LEAD ELECTRIC MOTOR MARKET IN 2019 85
TABLE 18 ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 85
9.2 INNER ROTOR 86
9.2.1 INCREASING MANUFACTURE OF ELECTRICAL VEHICLES TO FUEL DEMAND FOR INNER ROTOR BRUSHLESS DC MOTORS 86
TABLE 19 INNER ROTOR: ELECTRIC MOTOR MARKET, BY REGION,
2018–2026 (USD MILLION) 86
9.3 OUTER ROTOR 86
TABLE 20 OUTER ROTOR: ELECTRIC MOTOR MARKET, BY REGION,
2018–2026 (USD MILLION) 87
10 ELECTRIC MOTOR MARKET, BY OUTPUT POWER 88
10.1 INTRODUCTION 89
FIGURE 35 > 1 HP SEGMENT EXPECTED TO DOMINATE ELECTRIC MOTOR MARKET IN 2019 89
TABLE 21 ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2014–2021 (USD MILLION) 89
10.2 < 1 HP MOTORS 90
TABLE 22 < 1 HP: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 90
10.3 > 1 HP MOTORS 90
TABLE 23 > 1 HP: ELECTRIC MOTOR MARKET SIZE, BY REGION,
2018–2026 (USD MILLION) 91
11 ELECTRIC MOTOR MARKET, BY REGION 92
11.1 INTRODUCTION 93
FIGURE 36 REGIONAL SNAPSHOT: ELECTRIC MOTOR MARKET 93
TABLE 24 ELECTRIC MOTOR MARKET SIZE, BY REGION, 2018–2026 (USD MILLION) 93
11.2 ASIA PACIFIC 94
11.2.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN ASIA PACIFIC 94
TABLE 25 ASIA PACIFIC: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 94
FIGURE 37 ASIA PACIFIC: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 94
FIGURE 38 ASIA PACIFIC: ELECTRIC MOTOR MARKET SNAPSHOT 95
11.2.2 BY TYPE 95
TABLE 26 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 95
11.2.3 BY ROTOR TYPE 96
TABLE 27 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 96
11.2.4 BY OUTPUT POWER 96
TABLE 28 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 96
11.2.5 BY POWER RATING 96
TABLE 29 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 96
11.2.6 BY END USER 97
TABLE 30 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 97
11.2.7 BY COUNTRY 97
TABLE 31 ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 97
11.2.7.1 China 98
11.2.7.1.1 Increasing manufacturing activities to contribute to growth of electric motor market 98
TABLE 32 CHINA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 98
TABLE 33 CHINA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 98
TABLE 34 CHINA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 99
TABLE 35 CHINA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 99
TABLE 36 CHINA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 99
11.2.7.2 India 100
11.2.7.2.1 Ongoing industrialization to drive demand for electric motors 100
TABLE 37 INDIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 100
TABLE 38 INDIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 100
TABLE 39 INDIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 101
TABLE 40 INDIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 101
TABLE 41 INDIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 101
11.2.7.3 Japan 102
11.2.7.3.1 Growing focus on technologically advanced industrial equipment and manufacturing processes to boost demand for electric motors 102
TABLE 42 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 102
TABLE 43 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 102
TABLE 44 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 103
TABLE 45 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 103
TABLE 46 JAPAN: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 103
11.2.7.4 SOUTH KOREA 104
11.2.7.4.1 Increasing electronic and automobile manufacturing to drive growth of electric motor market 104
TABLE 47 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 104
TABLE 48 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 104
TABLE 49 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 105
TABLE 50 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 105
TABLE 51 SOUTH KOREA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 105
11.2.8 AUSTRALIA 106
11.2.8.1 Ongoing automation of automotive industry leading to growth of electric motor market 106
TABLE 52 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 106
TABLE 53 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 106
TABLE 54 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 107
TABLE 55 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 107
TABLE 56 AUSTRALIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 107
11.2.9 REST OF ASIA PACIFIC 108
TABLE 57 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 108
TABLE 58 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 108
TABLE 59 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 108
TABLE 60 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 109
TABLE 61 REST OF ASIA PACIFIC: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 109
11.3 EUROPE 109
11.3.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN EUROPE 110
TABLE 62 EUROPE: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 110
FIGURE 39 EUROPE: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 110
FIGURE 40 EUROPE: ELECTRIC MOTOR MARKET SNAPSHOT 111
11.3.2 BY TYPE 111
TABLE 63 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 111
11.3.3 BY ROTOR TYPE 112
TABLE 64 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 112
11.3.4 BY OUTPUT POWER 112
TABLE 65 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 112
11.3.5 BY POWER RATING 112
TABLE 66 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 112
11.3.6 BY END USER 113
TABLE 67 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 113
11.3.7 BY COUNTRY 113
TABLE 68 EUROPE: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 113
11.3.7.1 Germany 114
11.3.7.1.1 Increasing electric vehicle and medical equipment production to fuel demand for electric motors 114
TABLE 69 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 114
TABLE 70 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 114
TABLE 71 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 115
TABLE 72 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 115
TABLE 73 GERMANY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 115
11.3.7.2 RUSSIA 116
11.3.7.2.1 Ongoing modernization of manufacturing sector to contribute to growth of electric motors 116
TABLE 74 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 116
TABLE 75 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 116
TABLE 76 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 117
TABLE 77 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 117
TABLE 78 RUSSIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 117
11.3.7.3 ITALY 118
11.3.7.3.1 Rising demand for electric vehicles leading to growth of electric motor market 118
TABLE 79 ITALY: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 118
TABLE 80 ITALY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 118
TABLE 81 ITALY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 119
TABLE 82 ITALY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 119
TABLE 83 ITALY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 119
11.3.7.4 FRANCE 120
11.3.7.4.1 Implementation of zero carbon emission policies to increase electric vehicle and wind power generation 120
TABLE 84 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 120
TABLE 85 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 120
TABLE 86 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 120
TABLE 87 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 121
TABLE 88 FRANCE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 121
11.3.8 UK 121
11.3.8.1 Surging sales of vehicles and flourishing aerospace & defense industry to drive growth of electric motor market 121
TABLE 89 UK: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 122
TABLE 90 UK: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 122
TABLE 91 UK: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 122
TABLE 92 UK: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 123
TABLE 93 UK: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 123
11.3.9 SWEDEN 123
11.3.9.1 Increasing industrial and infrastructure demand to drive growth of electric motor market 123
TABLE 94 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 124
TABLE 95 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 124
TABLE 96 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 124
TABLE 97 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 125
TABLE 98 SWEDEN: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 125
11.3.10 NORWAY 125
11.3.10.1 New zero emission policy to boost renewables sector and drive growth of electric motor market 125
TABLE 99 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 126
TABLE 100 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 126
TABLE 101 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 126
TABLE 102 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 126
TABLE 103 NORWAY: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 127
11.3.11 DENMARK 127
11.3.11.1 Increasing adoption of electric vehicles to drive electric motor market 127
TABLE 104 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 127
TABLE 105 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 128
TABLE 106 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 128
TABLE 107 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 128
TABLE 108 DENMARK: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 129
11.4 NORTH AMERICA 129
11.4.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN NORTH AMERICA 129
TABLE 109 NORTH AMERICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 129
FIGURE 41 NORTH AMERICA: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 130
TABLE 110 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 130
TABLE 111 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 130
TABLE 112 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 131
TABLE 113 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 131
TABLE 114 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 131
TABLE 115 NORTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 132
11.4.2 US 132
11.4.2.1 Ongoing investments to develop advanced manufacturing technologies to fuel demand for electric motors 132
TABLE 116 US: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 133
TABLE 117 US: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 133
TABLE 118 US: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 133
TABLE 119 US: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 133
TABLE 120 US: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 134
11.4.3 CANADA 134
11.4.3.1 Flourishing automotive industry to contribute to demand for
electric motors 134
TABLE 121 CANADA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 134
TABLE 122 CANADA ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 135
TABLE 123 CANADA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 135
TABLE 124 CANADA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 135
TABLE 125 CANADA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 136
11.4.4 MEXICO 136
11.4.4.1 Increasing automobile production to drive demand for electric motors 136
TABLE 126 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 137
TABLE 127 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 137
TABLE 128 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 137
TABLE 129 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 137
TABLE 130 MEXICO: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 138
11.5 SOUTH AMERICA 138
11.5.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN SOUTH AMERICA 138
TABLE 131 SOUTH AMERICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS,
2018–2026 (USD MILLION) 138
FIGURE 42 SOUTH AMERICA: ELECTRIC MOTOR MARKET SCENARIO ANALYSIS 139
TABLE 132 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 139
TABLE 133 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 139
TABLE 134 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 140
TABLE 135 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 140
TABLE 136 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 140
TABLE 137 SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY,
2018–2026 (USD MILLION) 141
11.5.2 BRAZIL 142
11.5.2.1 Flourishing automotive industry to fuel demand for electric motors 142
TABLE 138 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 142
TABLE 139 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 142
TABLE 140 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 143
TABLE 141 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 143
TABLE 142 BRAZIL: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 143
11.5.3 ARGENTINA 144
11.5.3.1 Rising demand for electric motors from consumer electronics industry to fuel market growth 144
TABLE 143 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 144
TABLE 144 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 144
TABLE 145 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 145
TABLE 146 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 145
TABLE 147 ARGENTINA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 145
11.5.4 REST OF SOUTH AMERICA 146
TABLE 148 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 146
TABLE 149 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 146
TABLE 150 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 146
TABLE 151 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 147
TABLE 152 REST OF SOUTH AMERICA: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 147
11.6 THE MIDDLE EAST & AFRICA 147
11.6.1 IMPACT OF COVID-19 ON ELECTRIC MOTOR MARKET IN
THE MIDDLE EAST & AFRICA 148
TABLE 153 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET, SCENARIO ANALYSIS, 2018–2026 (USD MILLION) 148
FIGURE 43 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET
SCENARIO ANALYSIS 148
TABLE 154 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 149
TABLE 155 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE, 2018–2026 (USD MILLION) 149
TABLE 156 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER, 2018–2026 (USD MILLION) 149
TABLE 157 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING, 2018–2026 (USD MILLION) 149
TABLE 158 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY END USER, 2018–2026 (USD MILLION) 150
TABLE 159 THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION) 150
11.6.2 SAUDI ARABIA 150
11.6.2.1 Increasing automotive production to drive growth of electric
motor market 150
TABLE 160 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 151
TABLE 161 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 151
TABLE 162 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 151
TABLE 163 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 152
TABLE 164 SAUDI ARABIA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 152
11.6.3 UAE 152
11.6.3.1 Growing share of automobile sector in economy driving demand for electric motors 152
TABLE 165 UAE: ELECTRIC MOTOR MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION) 153
TABLE 166 UAE: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 153
TABLE 167 UAE: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 153
TABLE 168 UAE: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 154
TABLE 169 UAE: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 154
11.6.4 SOUTH AFRICA 154
11.6.4.1 Increasing investments to boost industrial manufacturing to contribute to demand for electric motors 154
TABLE 170 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY TYPE,
2018–2026 (USD MILLION) 155
TABLE 171 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY ROTOR TYPE,
2018–2026 (USD MILLION) 155
TABLE 172 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY OUTPUT POWER,
2018–2026 (USD MILLION) 155
TABLE 173 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY POWER RATING,
2018–2026 (USD MILLION) 155
TABLE 174 SOUTH AFRICA: ELECTRIC MOTOR MARKET SIZE, BY END USER,
2018–2026 (USD MILLION) 156
11.6.5 REST OF THE MIDDLE EAST & AFRICA 156
TABLE 175 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY TYPE, 2018–2026 (USD MILLION) 157
TABLE 176 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY ROTOR TYPE, 2018–2026 (USD MILLION) 157
TABLE 177 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY OUTPUT POWER, 2018–2026 (USD MILLION) 157
TABLE 178 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY POWER RATING, 2018–2026 (USD MILLION) 157
TABLE 179 REST OF THE MIDDLE EAST & AFRICA: ELECTRIC MOTOR MARKET SIZE,
BY END USER, 2018–2026 (USD MILLION) 158
12 COMPETITIVE LANDSCAPE 159
12.1 OVERVIEW 159
FIGURE 44 KEY DEVELOPMENTS IN ELECTRIC MOTOR MARKET FROM JANUARY 2016 TO SEPTEMBER 2020 160
12.2 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS 161
FIGURE 45 REVENUE ANALYSIS, 2019 161
12.3 MARKET EVALUATION FRAMEWORK 162
TABLE 180 MARKET EVALUATION FRAMEWORK 162
12.4 KEY MARKET DEVELOPMENTS 163
12.4.1 PRODUCT LAUNCHES 163
12.4.2 INVESTMENTS & EXPANSIONS 163
12.4.3 CONTRACTS 163
12.4.4 MERGERS & ACQUISITIONS 164
12.4.5 PARTNERSHIPS & COLLABORATIONS 164
12.5 COMPANY EVALUATION QUADRANT 165
12.5.1 STARS 165
12.5.2 INNOVATORS 165
12.5.3 PERVASIVE 165
12.5.4 EMERGING COMPANIES 165
FIGURE 46 ELECTRIC MOTOR MARKET COMPANY EVALUATION MATRIX 166
13 COMPANY PROFILES 167
(Business overview, Products offered, Recent Developments, SWOT Analysis, right to win)*
13.1 ABB 167
FIGURE 47 ABB: COMPANY SNAPSHOT 167
FIGURE 48 ABB: SWOT ANALYSIS 169
13.2 SIEMENS 171
FIGURE 49 SIEMENS: COMPANY SNAPSHOT 171
FIGURE 50 SIEMENS: SWOT ANALYSIS 173
13.3 NIDEC CORPORATION 174
FIGURE 51 NIDEC CORPORATION: COMPANY SNAPSHOT 174
FIGURE 52 NIDEC CORPORATION: SWOT ANALYSIS 177
13.4 WEG 179
FIGURE 53 WEG: COMPANY SNAPSHOT 179
FIGURE 54 WEG: SWOT ANALYSIS 181
13.5 JOHNSON ELECTRIC 183
FIGURE 55 JOHNSON ELECTRIC: COMPANY SNAPSHOT 183
FIGURE 56 JOHNSON ELECTRIC: SWOT ANALYSIS 186
13.6 WOLONG 187
13.7 ALLIED MOTION TECHNOLOGIES 189
FIGURE 57 ALLIED MOTION TECHNOLOGIES: COMPANY SNAPSHOT 189
13.8 REGAL BELOIT CORPORATION 193
FIGURE 58 REGAL BELOIT CORPORATION: COMPANY SNAPSHOT 193
13.9 AMETEK 195
FIGURE 59 AMETEK: COMPANY SNAPSHOT 195
13.10 FAULHABER GROUP 199
13.11 TOSHIBA CORPORATION 201
FIGURE 60 TOSHIBA CORPORATION: COMPANY SNAPSHOT 201
13.12 HYOSUNG HEAVY INDUSTRIES 204
FIGURE 61 HYOSUNG HEAVY INDUSTRIES: COMPANY SNAPSHOT 204
13.13 TECO ELECTRIC & MACHINERY 205
FIGURE 62 TECO ELECTRIC & MACHINERY: COMPANY SNAPSHOT 205
13.14 MAXON MOTOR 208
13.15 BUHLER MOTOR 210
13.16 ARC SYSTEMS 211
13.17 BROOK CROMPTON 211
13.18 HITACHI 212
13.19 ROCKWELL AUTOMATION 213
13.20 YASKAWA 214
*Details on Business overview, Products offered, Recent Developments, SWOT Analysis, Right to win might not be captured in case of unlisted companies.
14 APPENDIX 215
14.1 INSIGHTS OF INDUSTRY EXPERTS 215
14.2 DISCUSSION GUIDE 216
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 220
14.4 AVAILABLE CUSTOMIZATIONS 222
14.5 RELATED REPORTS 222
14.6 AUTHOR DETAILS 223
MarketsandMarkets
Publisher: MarketsandMarkets
# of Pages: 204
Rating:
1 User License $4,950
Publication Date: November, 2021
Price: $4,950 / User License
Buy Now
RPT50339
LIC503
1 User $4,950
1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 27
1.3 MARKET SCOPE 27
1.3.1 MARKETS COVERED 27
1.3.1.1 Regions covered 28
1.3.2 YEARS CONSIDERED FOR THE STUDY 28
1.4 CURRENCY USED FOR THE STUDY 29
1.5 STAKEHOLDERS 29
1.6 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 1 RESEARCH DESIGN 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Indicative list of secondary sources 33
2.1.2 PRIMARY DATA 33
2.1.2.1 Breakdown of primaries 34
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 34
2.2 MARKET ESTIMATION METHODOLOGY 34
FIGURE 3 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 35
2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION 35
2.2.2 PRODUCT-BASED MARKET ESTIMATION 36
FIGURE 4 PARTICLE SIZE ANALYSIS MARKET: REVENUE MAPPING-BASED ESTIMATION 36
2.2.3 END USER-BASED MARKET SIZE ESTIMATION 36
FIGURE 5 PARTICLE SIZE ANALYSIS MARKET: END USER-BASED ESTIMATION 37
2.2.4 PRIMARY RESEARCH VALIDATION 37
2.3 COVID-19 HEALTH ASSESSMENT 38
2.4 COVID-19 ECONOMIC ASSESSMENT 38
2.5 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 38
FIGURE 6 CRITERIA IMPACTING THE GLOBAL ECONOMY 39
FIGURE 7 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 40
2.6 DATA TRIANGULATION 41
FIGURE 8 DATA TRIANGULATION 41
2.7 RESEARCH ASSUMPTIONS 42
2.8 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
FIGURE 9 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2021 VS. 2026 (USD MILLION) 43
FIGURE 10 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2021 VS. 2026 (USD MILLION) 44
FIGURE 11 PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 45
FIGURE 12 PARTICLE SIZE ANALYSIS MARKET SHARE FOR HEALTHCARE INDUSTRY,
BY END USER (2021 VS. 2026) 45
FIGURE 13 PARTICLE SIZE ANALYSIS MARKET: GEOGRAPHIC SNAPSHOT 46
4 PREMIUM INSIGHTS 48
4.1 PARTICLE SIZE ANALYSIS MARKET OVERVIEW 48
FIGURE 14 INCREASING RESEARCH ACTIVITIES IN NANOTECHNOLOGY TO DRIVE MARKET GROWTH 48
4.2 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY 49
FIGURE 15 LASER DIFFRACTION SEGMENT TO DOMINATE THE MARKET DURING
2021–2026 49
4.3 PARTICLE SIZE ANALYSIS MARKET, BY END USER (2020) 49
FIGURE 16 NORTH AMERICA WAS A KEY MARKET FOR ALL END USER SEGMENTS IN 2020 49
4.4 GEOGRAPHIC SNAPSHOT OF THE PARTICLE SIZE ANALYSIS MARKET 50
FIGURE 17 CHINA AND INDIA TO BE THE FASTEST-GROWING MARKETS FOR PARTICLE SIZE ANALYSIS PRODUCTS DURING THE FORECAST PERIOD 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 18 PARTICLE SIZE ANALYSIS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 51
5.2.1 DRIVERS 52
5.2.1.1 Increasing research activities in the field of nanotechnology 52
5.2.1.2 Increasing investments in pharmaceutical R&D 53
5.2.1.3 Development of technologically advanced nanoparticle instruments 53
5.2.1.4 Stringent regulatory guidelines for product quality across industries 53
5.2.1.5 Increasing funding activities to drive the purchasing power of research institutions 54
5.2.2 RESTRAINTS 54
5.2.2.1 High cost of particle size analyzers 54
5.2.2.2 Limitations in particle characterization range 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Increasing number of conferences and events 55
5.2.3.2 Emerging markets 55
5.2.4 CHALLENGES 56
5.2.4.1 Lack of well-established distribution networks among SMEs 56
5.2.4.2 Limitations of laser diffraction technology 56
5.3 PORTER’S FIVE FORCES ANALYSIS 57
5.3.1 OVERVIEW 57
TABLE 1 PARTICLE SIZE ANALYSIS MARKET: PORTER’S FIVE FORCES ANALYSIS 57
5.3.2 THREAT OF NEW ENTRANTS 57
5.3.3 THREAT OF SUBSTITUTES 57
5.3.4 BARGAINING POWER OF SUPPLIERS 58
5.3.5 BARGAINING POWER OF BUYERS 58
5.3.6 DEGREE OF COMPETITION 58
5.4 REGULATORY ANALYSIS 58
5.5 ECOSYSTEM MAPPING 62
5.6 VALUE CHAIN ANALYSIS 62
5.6.1 RESEARCH AND DEVELOPMENT (R&D) 62
5.6.2 MANUFACTURING AND ASSEMBLY 62
5.6.3 DISTRIBUTION, MARKETING & SALES, AND POST-SALES SERVICES 62
FIGURE 19 VALUE CHAIN ANALYSIS 63
5.7 SUPPLY CHAIN ANALYSIS 63
5.7.1 PROMINENT COMPANIES 63
5.7.2 SMALL & MEDIUM-SIZED ENTERPRISES (SMES) 63
5.7.3 END USERS 64
FIGURE 20 SUPPLY CHAIN ANALYSIS 64
5.8 IMPACT OF COVID-19 ON THE PARTICLE SIZE ANALYSIS MARKET 64
5.9 PRICING ANALYSIS 65
5.10 PATENT ANALYSIS 65
FIGURE 21 TOP 10 PATENT OWNERS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 65
FIGURE 22 TOP 10 INVENTORS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 66
FIGURE 23 TOP 10 PATENT APPLICANTS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 66
FIGURE 24 PATENT DOCUMENTS BY JURISDICTION FOR PARTICLE SIZE ANALYSIS (JANUARY 2011 AND OCTOBER 2021) 67
FIGURE 25 PATENT DOCUMENTS BY LEGAL STATUS FOR PARTICLE SIZE ANALYSIS (JANUARY 2011 AND OCTOBER 2021) 67
6 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY 68
6.1 INTRODUCTION 69
TABLE 2 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 69
6.2 LASER DIFFRACTION 69
6.2.1 TECHNOLOGICAL ADVANTAGES OF THIS METHOD TO RESULT IN HIGHER ADOPTION AMONGST END USERS 69
TABLE 3 PARTICLE SIZE ANALYSIS MARKET FOR LASER DIFFRACTION, BY REGION, 2019–2026 (USD MILLION) 71
TABLE 4 PARTICLE SIZE ANALYSIS MARKET FOR LASER DIFFRACTION, BY END USER, 2019–2026 (USD MILLION) 71
6.3 DYNAMIC LIGHT SCATTERING 72
6.3.1 NANOTECHNOLOGICAL APPLICATIONS OF DLS TECHNOLOGIES TO DRIVE MARKET GROWTH 72
TABLE 5 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC LIGHT SCATTERING,
BY REGION, 2019–2026 (USD MILLION) 73
TABLE 6 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC LIGHT SCATTERING,
BY END USER, 2019–2026 (USD MILLION) 73
6.4 IMAGING 74
TABLE 7 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 74
TABLE 8 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY REGION,
2019–2026 (USD MILLION) 75
TABLE 9 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY END USER,
2019–2026 (USD MILLION) 75
6.4.1 DYNAMIC IMAGING 76
6.4.1.1 User-friendliness and high-speed analysis to drive market growth 76
TABLE 10 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC IMAGING, BY REGION, 2019–2026 (USD MILLION) 77
6.4.2 STATIC IMAGING 77
6.4.2.1 High-resolution particle size and shape information output to push the market growth 77
TABLE 11 PARTICLE SIZE ANALYSIS MARKET FOR STATIC IMAGING, BY REGION,
2019–2026 (USD MILLION) 78
6.5 NANOPARTICLE TRACKING ANALYSIS (NTA) 78
6.5.1 ADVANCED TECHNOLOGY FOR NANO-PARTICLE SIZE ANALYSIS TO DRIVE MARKET 78
TABLE 12 PARTICLE SIZE ANALYSIS MARKET FOR NANOPARTICLE TRACKING ANALYSIS, BY REGION, 2019–2026 (USD MILLION) 79
TABLE 13 PARTICLE SIZE ANALYSIS MARKET FOR NANOPARTICLE TRACKING ANALYSIS, BY END USER, 2019–2026 (USD MILLION) 80
6.6 COULTER PRINCIPLE 80
6.6.1 HIGH ADOPTION IN THE HEALTHCARE INDUSTRY TO DRIVE CELLULAR SIZE ANALYSIS 80
TABLE 14 PARTICLE SIZE ANALYSIS MARKET FOR THE COULTER PRINCIPLE, BY REGION, 2019–2026 (USD MILLION) 81
TABLE 15 PARTICLE SIZE ANALYSIS MARKET FOR THE COULTER PRINCIPLE,
BY END USER, 2019–2026 (USD MILLION) 81
6.7 SIEVE ANALYSIS 82
6.7.1 DEVELOPMENT OF OTHER ADVANCED AND ACCURATE TECHNIQUES FOR PARTICLE SIZING TO DISRUPT THE SEGMENT GROWTH 82
TABLE 16 PARTICLE SIZE ANALYSIS MARKET FOR SIEVE ANALYSIS, BY REGION,
2019–2026 (USD MILLION) 82
TABLE 17 PARTICLE SIZE ANALYSIS MARKET FOR SIEVE ANALYSIS, BY END USER, 2019–2026 (USD MILLION) 83
6.8 OTHER TECHNOLOGIES 83
TABLE 18 PARTICLE SIZE ANALYSIS MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2019–2026 (USD MILLION) 84
TABLE 19 PARTICLE SIZE ANALYSIS MARKET FOR OTHER TECHNOLOGIES,
BY END USER, 2019–2026 (USD MILLION) 84
7 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE 85
7.1 INTRODUCTION 86
TABLE 20 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2019–2026 (USD MILLION) 86
7.2 WET DISPERSION 86
7.2.1 HIGH ADOPTION AMONGST END USERS, ESPECIALLY FOR TOUGH SAMPLES/MATERIALS, TO SUPPORT MARKET GROWTH 86
TABLE 21 PARTICLE SIZE ANALYSIS MARKET FOR WET DISPERSION, BY REGION,
2019–2026 (USD MILLION) 87
7.3 DRY DISPERSION 87
7.3.1 EASE OF USE COMPARED TO WET DISPERSION METHODS TO DRIVE MARKET GROWTH 87
TABLE 22 PARTICLE SIZE ANALYSIS MARKET FOR DRY DISPERSION, BY REGION,
2019–2026 (USD MILLION) 88
7.4 SPRAY DISPERSION 89
7.4.1 INCREASED USE OF SPRAY-BASED MEDICINES IN THE PHARMACEUTICAL INDUSTRY TO DRIVE MARKET GROWTH 89
TABLE 23 PARTICLE SIZE ANALYSIS MARKET FOR SPRAY DISPERSION, BY REGION, 2019–2026 (USD MILLION) 89
8 PARTICLE SIZE ANALYSIS MARKET, BY END USER 90
8.1 INTRODUCTION 91
TABLE 24 PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 91
8.2 HEALTHCARE INDUSTRY 91
TABLE 25 PARTICLE SIZE ANALYSIS MARKET FOR HEALTHCARE INDUSTRY,
BY END USER, 2019–2026 (USD MILLION) 92
TABLE 26 PARTICLE SIZE ANALYSIS MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 93
8.2.1 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES 93
8.2.1.1 Particle size analysis plays a crucial step in raw material assessment and quality control 93
TABLE 27 PARTICLE SIZE ANALYSIS MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY REGION, 2019–2026 (USD MILLION) 94
8.2.2 PUBLIC & PRIVATE RESEARCH INSTITUTIONS 94
8.2.2.1 Active government investment to support nanotechnology research to drive the market demand 94
TABLE 28 PARTICLE SIZE ANALYSIS MARKET FOR PUBLIC & PRIVATE RESEARCH INSTITUTIONS, BY REGION, 2019–2026 (USD MILLION) 95
8.2.3 ACADEMIC INSTITUTIONS 95
8.2.3.1 Increasing focus on nanotechnology-related research and studies to expand the utilization of particle size analyzers 95
TABLE 29 PARTICLE SIZE ANALYSIS MARKET FOR ACADEMIC INSTITUTIONS,
BY REGION, 2019–2026 (USD MILLION) 96
8.3 COSMETIC INDUSTRY 96
8.3.1 WIDESPREAD APPLICATION IN MANUFACTURING AND QUALITY CONTROL OF THE FINAL PRODUCT TO SUPPORT MARKET GROWTH 96
TABLE 30 PARTICLE SIZE ANALYSIS MARKET FOR COSMETIC INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 97
8.4 CHEMICALS & PETROLEUM INDUSTRY 97
8.4.1 EXPANDING CHEMICALS & PETROLEUM INDUSTRY TO REFLECT
THE INCREASING DEMAND FOR PARTICLE SIZE ANALYZERS 97
TABLE 31 PARTICLE SIZE ANALYSIS MARKET FOR CHEMICALS & PETROLEUM INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 98
8.5 MINING, MINERALS, AND CEMENT INDUSTRY 98
8.5.1 WIDESPREAD APPLICATION OF PARTICLE SIZE ANALYSIS TO SUPPORT MARKET GROWTH 98
TABLE 32 PARTICLE SIZE ANALYSIS MARKET FOR MINING, MINERALS, AND CEMENT INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 99
8.6 FOOD & BEVERAGE INDUSTRY 99
8.6.1 GROWING CONCERN OVER FOOD QUALITY AND SAFETY COMPLIANCE IN EMERGING COUNTRIES TO DRIVE THE MARKET 99
TABLE 33 PARTICLE SIZE ANALYSIS MARKET FOR FOOD & BEVERAGE INDUSTRY,
BY REGION, 2019–2026 (USD MILLION) 100
8.7 OTHER INDUSTRIES 100
TABLE 34 PARTICLE SIZE ANALYSIS MARKET FOR OTHER INDUSTRIES, BY REGION, 2019–2026 (USD MILLION) 101
9 PARTICLE SIZE ANALYSIS MARKET, BY REGION 102
9.1 INTRODUCTION 103
TABLE 35 PARTICLE SIZE ANALYSIS MARKET, BY REGION, 2019–2026 (USD MILLION) 103
9.2 NORTH AMERICA 104
FIGURE 26 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET SNAPSHOT 105
TABLE 36 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 106
TABLE 37 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 106
TABLE 38 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 106
TABLE 39 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 107
TABLE 40 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 107
TABLE 41 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 108
9.2.1 US 108
9.2.1.1 Presence of a large number of pharmaceutical & biotechnological companies to support the market growth 108
TABLE 42 US: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 109
TABLE 43 US: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 109
9.2.2 CANADA 110
9.2.2.1 Increasing number of conferences on nanotechnology to drive the market growth 110
TABLE 44 CANADA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 110
TABLE 45 CANADA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 111
9.3 EUROPE 111
TABLE 46 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 112
TABLE 47 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 112
TABLE 48 EUROPE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 113
TABLE 49 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2019–2026 (USD MILLION) 113
TABLE 50 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 113
TABLE 51 EUROPE: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 114
9.3.1 GERMANY 114
9.3.1.1 Increasing number of conferences and workshops to push the adoption of particle size analyzers 114
TABLE 52 GERMANY: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 115
TABLE 53 GERMANY: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 115
9.3.2 UK 115
9.3.2.1 Academic and research institutions to drive the demand for particle size analyzers 115
TABLE 54 UK: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 116
TABLE 55 UK: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 116
9.3.3 FRANCE 117
9.3.3.1 Public-private investments for biotechnology to support the adoption of particle size analyzers 117
TABLE 56 FRANCE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 117
TABLE 57 FRANCE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 118
9.3.4 ITALY 118
9.3.4.1 Well established manufacturing and research infrastructure to push the utilization of particle size analyzers 118
TABLE 58 ITALY: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 119
TABLE 59 ITALY: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 119
9.3.5 SPAIN 119
9.3.5.1 Favorable environment for pharma and biotech companies and SMEs to support the demand for particle size analysis products 119
TABLE 60 SPAIN: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 120
TABLE 61 SPAIN: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 120
9.3.6 REST OF EUROPE 121
TABLE 62 ROE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 121
TABLE 63 ROE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 122
9.4 ASIA PACIFIC 122
FIGURE 27 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET SNAPSHOT 123
TABLE 64 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 124
TABLE 65 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 124
TABLE 66 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 125
TABLE 67 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 125
TABLE 68 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 126
TABLE 69 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 126
9.4.1 CHINA 127
9.4.1.1 Growing end user base to push the demand for particle size analyzers in China 127
TABLE 70 CHINA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 127
TABLE 71 CHINA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 128
9.4.2 JAPAN 128
9.4.2.1 Rising R&D expenditure to drive the Japanese market 128
TABLE 72 JAPAN: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 129
TABLE 73 JAPAN: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 129
9.4.3 INDIA 129
9.4.3.1 Growing pharmaceutical manufacturing base to boost the demand for particle size analyzers 129
TABLE 74 INDIA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 130
TABLE 75 INDIA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 131
9.4.4 AUSTRALIA 131
9.4.4.1 Strong focus on biotechnology-based manufacturing and research to fuel market growth 131
TABLE 76 AUSTRALIA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 132
TABLE 77 AUSTRALIA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 132
9.4.5 SOUTH KOREA 132
9.4.5.1 Strong focus on R&D activities to drive the market growth 132
TABLE 78 SOUTH KOREA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 133
TABLE 79 SOUTH KOREA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 133
9.4.6 REST OF ASIA PACIFIC 134
TABLE 80 ROAPAC: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 134
TABLE 81 ROAPAC: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 134
9.5 LATIN AMERICA 135
TABLE 82 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 135
TABLE 83 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 136
TABLE 84 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 136
TABLE 85 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 136
TABLE 86 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 137
TABLE 87 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 137
9.5.1 BRAZIL 138
9.5.1.1 Lack of stringent government guidelines to hinder the market growth 138
TABLE 88 BRAZIL: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 138
TABLE 89 BRAZIL: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 139
9.5.2 MEXICO 139
9.5.2.1 Well established mining and petroleum industry base to boost the market growth 139
TABLE 90 MEXICO: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 140
TABLE 91 MEXICO: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 140
9.5.3 REST OF LATIN AMERICA 140
TABLE 92 ROLA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 141
TABLE 93 ROLA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 141
9.6 MIDDLE EAST & AFRICA 142
9.6.1 MULTIPLE CONFERENCES AND EXHIBITIONS TO PROMOTE THE UTILIZATION OF PARTICLE SIZE ANALYZERS 142
TABLE 94 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 142
TABLE 95 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING,
BY TYPE, 2019–2026 (USD MILLION) 143
TABLE 96 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 143
TABLE 97 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER, 2019–2026 (USD MILLION) 144
TABLE 98 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 144
10 COMPETITIVE LANDSCAPE 145
10.1 OVERVIEW 145
10.2 KEY PLAYER STRATEGIES 145
FIGURE 28 KEY DEVELOPMENTS IN THE PARTICLE SIZE ANALYSIS MARKET
(2018 TO 2021) 146
10.3 REVENUE SHARE ANALYSIS OF KEY MARKET PLAYERS 147
FIGURE 29 REVENUE SHARE ANALYSIS OF THE TOP THREE PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 147
10.4 MARKET SHARE ANALYSIS 148
FIGURE 30 PARTICLE SIZE ANALYSIS MARKET SHARE, BY KEY PLAYER, 2020 148
10.5 COMPETITIVE LEADERSHIP MAPPING: COMPANY EVALUATION MATRIX FOR 25 MAJOR PLAYERS 149
10.5.1 TERMINOLOGY/NOMENCLATURE 150
10.5.1.1 Stars 150
10.5.1.2 Emerging leaders 150
10.5.1.3 Pervasive players 150
10.5.1.4 Participants 150
FIGURE 31 PARTICLE SIZE ANALYSIS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 151
10.6 COMPETITIVE LEADERSHIP MAPPING-START-UP/ SME EVALUATION QUADRANT 152
10.6.1 PROGRESSIVE COMPANIES 152
10.6.2 RESPONSIVE COMPANIES 152
10.6.3 DYNAMIC COMPANIES 152
10.6.4 STARTING BLOCKS 152
FIGURE 32 DIGITAL X-RAY MARKET: COMPETITIVE LEADERSHIP MAPPING (SMES/START-UPS) 153
10.7 COMPETITIVE BENCHMARKING 154
TABLE 99 TECHNOLOGY AND REGIONAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 154
TABLE 100 TECHNOLOGY FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 155
TABLE 101 REGIONAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 156
10.8 COMPETITIVE SCENARIO (2018–2021) 157
10.8.1 NEW PRODUCT LAUNCHES & APPROVALS 157
10.8.2 DEALS 158
10.8.3 OTHER DEVELOPMENTS 159
11 COMPANY PROFILES 160
11.1 KEY PLAYERS 160
(Business overview, Products offered, Recent developments, MNM view)*
11.1.1 AIMSIZER (DANDONG HMKTEST INSTRUMENT CO., LTD.) 160
TABLE 102 DANDONG HMKTEST INSTRUMENT CO., LTD.: BUSINESS OVERVIEW 160
11.1.2 ANTON PAAR GMBH 162
TABLE 103 ANTON PAAR GMBH: BUSINESS OVERVIEW 162
11.1.3 BECKMAN COULTER, INC. (A SUBSIDIARY OF DANAHER) 164
TABLE 104 DANAHER: BUSINESS OVERVIEW 164
FIGURE 33 DANAHER: COMPANY SNAPSHOT (2020) 165
11.1.4 BETTERSIZE INSTRUMENTS LTD. 167
TABLE 105 BETTERSIZE INSTRUMENTS LTD.: BUSINESS OVERVIEW 167
11.1.5 BROOKHAVEN INSTRUMENTS (A PART OF NOVA INSTRUMENTS CORPORATION) 169
TABLE 106 BROOKHAVEN INSTRUMENTS: BUSINESS OVERVIEW 169
11.1.6 FRITSCH GMBH 171
TABLE 107 FRITSCH GMBH: BUSINESS OVERVIEW 171
11.1.7 HORIBA 172
TABLE 108 HORIBA: BUSINESS OVERVIEW 172
FIGURE 34 HORIBA: COMPANY SNAPSHOT (2020) 173
11.1.8 LS INSTRUMENTS 176
TABLE 109 LS INSTRUMENTS: BUSINESS OVERVIEW 176
11.1.9 MALVERN PANALYTICAL LTD. (A SUBSIDIARY OF SPECTRIS) 177
TABLE 110 SPECTRIS: BUSINESS OVERVIEW 177
FIGURE 35 SPECTRIS: COMPANY SNAPSHOT (2020) 178
11.1.10 METTLER TOLEDO 182
TABLE 111 METTLER TOLEDO: BUSINESS OVERVIEW 182
FIGURE 36 METTLER TOLEDO: COMPANY SNAPSHOT (2020) 183
11.1.11 MICROMERITICS INSTRUMENT CORPORATION 184
TABLE 112 MICROMERITICS INSTRUMENT CORPORATION: BUSINESS OVERVIEW 184
11.1.12 MICROTRAC RETSCH GMBH (A PART OF VERDER SCIENTIFIC GMBH & CO. KG) 187
TABLE 113 VERDER SCIENTIFIC GMBH & CO. KG: BUSINESS OVERVIEW 187
11.1.13 SHIMADZU CORPORATION 189
TABLE 114 SHIMADZU CORPORATION: BUSINESS OVERVIEW 189
FIGURE 37 SHIMADZU CORPORATION: COMPANY SNAPSHOT (2020) 190
11.1.14 SYMPATEC GMBH 193
TABLE 115 SYMPATEC GMBH: BUSINESS OVERVIEW 193
11.1.15 TSI 195
TABLE 116 TSI: BUSINESS OVERVIEW 195
*Business overview, Products offered, Recent developments, MNM view might not be captured in case of unlisted companies.
11.2 OTHER COMPANIES 197
11.2.1 PAMAS PARTIKELMESS - UND ANALYSESYTEME GMBH 197
11.2.2 JINAN WINNER PARTICLE SIZE INSTRUMENT STOCK CO., LTD 198
11.2.3 3P INSTRUMENTS 199
11.2.4 IZON SCIENCE LTD. 200
11.2.5 CSC SCIENTIFIC COMPANY, INC. 200
12 APPENDIX 201
12.1 DISCUSSION GUIDE 201
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 206
12.3 AVAILABLE CUSTOMIZATIONS 208
12.4 RELATED REPORTS 208
12.5 AUTHOR DETAILS 209
1 INTRODUCTION 26
1.1 OBJECTIVES OF THE STUDY 26
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 27
1.3 MARKET SCOPE 27
1.3.1 MARKETS COVERED 27
1.3.1.1 Regions covered 28
1.3.2 YEARS CONSIDERED FOR THE STUDY 28
1.4 CURRENCY USED FOR THE STUDY 29
1.5 STAKEHOLDERS 29
1.6 SUMMARY OF CHANGES 29
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 1 RESEARCH DESIGN 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Indicative list of secondary sources 33
2.1.2 PRIMARY DATA 33
2.1.2.1 Breakdown of primaries 34
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 34
2.2 MARKET ESTIMATION METHODOLOGY 34
FIGURE 3 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 35
2.2.1 REVENUE MAPPING-BASED MARKET ESTIMATION 35
2.2.2 PRODUCT-BASED MARKET ESTIMATION 36
FIGURE 4 PARTICLE SIZE ANALYSIS MARKET: REVENUE MAPPING-BASED ESTIMATION 36
2.2.3 END USER-BASED MARKET SIZE ESTIMATION 36
FIGURE 5 PARTICLE SIZE ANALYSIS MARKET: END USER-BASED ESTIMATION 37
2.2.4 PRIMARY RESEARCH VALIDATION 37
2.3 COVID-19 HEALTH ASSESSMENT 38
2.4 COVID-19 ECONOMIC ASSESSMENT 38
2.5 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 38
FIGURE 6 CRITERIA IMPACTING THE GLOBAL ECONOMY 39
FIGURE 7 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 40
2.6 DATA TRIANGULATION 41
FIGURE 8 DATA TRIANGULATION 41
2.7 RESEARCH ASSUMPTIONS 42
2.8 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
FIGURE 9 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2021 VS. 2026 (USD MILLION) 43
FIGURE 10 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2021 VS. 2026 (USD MILLION) 44
FIGURE 11 PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2021 VS. 2026 (USD MILLION) 45
FIGURE 12 PARTICLE SIZE ANALYSIS MARKET SHARE FOR HEALTHCARE INDUSTRY,
BY END USER (2021 VS. 2026) 45
FIGURE 13 PARTICLE SIZE ANALYSIS MARKET: GEOGRAPHIC SNAPSHOT 46
4 PREMIUM INSIGHTS 48
4.1 PARTICLE SIZE ANALYSIS MARKET OVERVIEW 48
FIGURE 14 INCREASING RESEARCH ACTIVITIES IN NANOTECHNOLOGY TO DRIVE MARKET GROWTH 48
4.2 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY 49
FIGURE 15 LASER DIFFRACTION SEGMENT TO DOMINATE THE MARKET DURING
2021–2026 49
4.3 PARTICLE SIZE ANALYSIS MARKET, BY END USER (2020) 49
FIGURE 16 NORTH AMERICA WAS A KEY MARKET FOR ALL END USER SEGMENTS IN 2020 49
4.4 GEOGRAPHIC SNAPSHOT OF THE PARTICLE SIZE ANALYSIS MARKET 50
FIGURE 17 CHINA AND INDIA TO BE THE FASTEST-GROWING MARKETS FOR PARTICLE SIZE ANALYSIS PRODUCTS DURING THE FORECAST PERIOD 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 18 PARTICLE SIZE ANALYSIS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 51
5.2.1 DRIVERS 52
5.2.1.1 Increasing research activities in the field of nanotechnology 52
5.2.1.2 Increasing investments in pharmaceutical R&D 53
5.2.1.3 Development of technologically advanced nanoparticle instruments 53
5.2.1.4 Stringent regulatory guidelines for product quality across industries 53
5.2.1.5 Increasing funding activities to drive the purchasing power of research institutions 54
5.2.2 RESTRAINTS 54
5.2.2.1 High cost of particle size analyzers 54
5.2.2.2 Limitations in particle characterization range 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Increasing number of conferences and events 55
5.2.3.2 Emerging markets 55
5.2.4 CHALLENGES 56
5.2.4.1 Lack of well-established distribution networks among SMEs 56
5.2.4.2 Limitations of laser diffraction technology 56
5.3 PORTER’S FIVE FORCES ANALYSIS 57
5.3.1 OVERVIEW 57
TABLE 1 PARTICLE SIZE ANALYSIS MARKET: PORTER’S FIVE FORCES ANALYSIS 57
5.3.2 THREAT OF NEW ENTRANTS 57
5.3.3 THREAT OF SUBSTITUTES 57
5.3.4 BARGAINING POWER OF SUPPLIERS 58
5.3.5 BARGAINING POWER OF BUYERS 58
5.3.6 DEGREE OF COMPETITION 58
5.4 REGULATORY ANALYSIS 58
5.5 ECOSYSTEM MAPPING 62
5.6 VALUE CHAIN ANALYSIS 62
5.6.1 RESEARCH AND DEVELOPMENT (R&D) 62
5.6.2 MANUFACTURING AND ASSEMBLY 62
5.6.3 DISTRIBUTION, MARKETING & SALES, AND POST-SALES SERVICES 62
FIGURE 19 VALUE CHAIN ANALYSIS 63
5.7 SUPPLY CHAIN ANALYSIS 63
5.7.1 PROMINENT COMPANIES 63
5.7.2 SMALL & MEDIUM-SIZED ENTERPRISES (SMES) 63
5.7.3 END USERS 64
FIGURE 20 SUPPLY CHAIN ANALYSIS 64
5.8 IMPACT OF COVID-19 ON THE PARTICLE SIZE ANALYSIS MARKET 64
5.9 PRICING ANALYSIS 65
5.10 PATENT ANALYSIS 65
FIGURE 21 TOP 10 PATENT OWNERS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 65
FIGURE 22 TOP 10 INVENTORS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 66
FIGURE 23 TOP 10 PATENT APPLICANTS FOR PARTICLE SIZE ANALYSIS
(JANUARY 2011 AND OCTOBER 2021) 66
FIGURE 24 PATENT DOCUMENTS BY JURISDICTION FOR PARTICLE SIZE ANALYSIS (JANUARY 2011 AND OCTOBER 2021) 67
FIGURE 25 PATENT DOCUMENTS BY LEGAL STATUS FOR PARTICLE SIZE ANALYSIS (JANUARY 2011 AND OCTOBER 2021) 67
6 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY 68
6.1 INTRODUCTION 69
TABLE 2 PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 69
6.2 LASER DIFFRACTION 69
6.2.1 TECHNOLOGICAL ADVANTAGES OF THIS METHOD TO RESULT IN HIGHER ADOPTION AMONGST END USERS 69
TABLE 3 PARTICLE SIZE ANALYSIS MARKET FOR LASER DIFFRACTION, BY REGION, 2019–2026 (USD MILLION) 71
TABLE 4 PARTICLE SIZE ANALYSIS MARKET FOR LASER DIFFRACTION, BY END USER, 2019–2026 (USD MILLION) 71
6.3 DYNAMIC LIGHT SCATTERING 72
6.3.1 NANOTECHNOLOGICAL APPLICATIONS OF DLS TECHNOLOGIES TO DRIVE MARKET GROWTH 72
TABLE 5 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC LIGHT SCATTERING,
BY REGION, 2019–2026 (USD MILLION) 73
TABLE 6 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC LIGHT SCATTERING,
BY END USER, 2019–2026 (USD MILLION) 73
6.4 IMAGING 74
TABLE 7 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 74
TABLE 8 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY REGION,
2019–2026 (USD MILLION) 75
TABLE 9 PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY END USER,
2019–2026 (USD MILLION) 75
6.4.1 DYNAMIC IMAGING 76
6.4.1.1 User-friendliness and high-speed analysis to drive market growth 76
TABLE 10 PARTICLE SIZE ANALYSIS MARKET FOR DYNAMIC IMAGING, BY REGION, 2019–2026 (USD MILLION) 77
6.4.2 STATIC IMAGING 77
6.4.2.1 High-resolution particle size and shape information output to push the market growth 77
TABLE 11 PARTICLE SIZE ANALYSIS MARKET FOR STATIC IMAGING, BY REGION,
2019–2026 (USD MILLION) 78
6.5 NANOPARTICLE TRACKING ANALYSIS (NTA) 78
6.5.1 ADVANCED TECHNOLOGY FOR NANO-PARTICLE SIZE ANALYSIS TO DRIVE MARKET 78
TABLE 12 PARTICLE SIZE ANALYSIS MARKET FOR NANOPARTICLE TRACKING ANALYSIS, BY REGION, 2019–2026 (USD MILLION) 79
TABLE 13 PARTICLE SIZE ANALYSIS MARKET FOR NANOPARTICLE TRACKING ANALYSIS, BY END USER, 2019–2026 (USD MILLION) 80
6.6 COULTER PRINCIPLE 80
6.6.1 HIGH ADOPTION IN THE HEALTHCARE INDUSTRY TO DRIVE CELLULAR SIZE ANALYSIS 80
TABLE 14 PARTICLE SIZE ANALYSIS MARKET FOR THE COULTER PRINCIPLE, BY REGION, 2019–2026 (USD MILLION) 81
TABLE 15 PARTICLE SIZE ANALYSIS MARKET FOR THE COULTER PRINCIPLE,
BY END USER, 2019–2026 (USD MILLION) 81
6.7 SIEVE ANALYSIS 82
6.7.1 DEVELOPMENT OF OTHER ADVANCED AND ACCURATE TECHNIQUES FOR PARTICLE SIZING TO DISRUPT THE SEGMENT GROWTH 82
TABLE 16 PARTICLE SIZE ANALYSIS MARKET FOR SIEVE ANALYSIS, BY REGION,
2019–2026 (USD MILLION) 82
TABLE 17 PARTICLE SIZE ANALYSIS MARKET FOR SIEVE ANALYSIS, BY END USER, 2019–2026 (USD MILLION) 83
6.8 OTHER TECHNOLOGIES 83
TABLE 18 PARTICLE SIZE ANALYSIS MARKET FOR OTHER TECHNOLOGIES, BY REGION, 2019–2026 (USD MILLION) 84
TABLE 19 PARTICLE SIZE ANALYSIS MARKET FOR OTHER TECHNOLOGIES,
BY END USER, 2019–2026 (USD MILLION) 84
7 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE 85
7.1 INTRODUCTION 86
TABLE 20 PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2019–2026 (USD MILLION) 86
7.2 WET DISPERSION 86
7.2.1 HIGH ADOPTION AMONGST END USERS, ESPECIALLY FOR TOUGH SAMPLES/MATERIALS, TO SUPPORT MARKET GROWTH 86
TABLE 21 PARTICLE SIZE ANALYSIS MARKET FOR WET DISPERSION, BY REGION,
2019–2026 (USD MILLION) 87
7.3 DRY DISPERSION 87
7.3.1 EASE OF USE COMPARED TO WET DISPERSION METHODS TO DRIVE MARKET GROWTH 87
TABLE 22 PARTICLE SIZE ANALYSIS MARKET FOR DRY DISPERSION, BY REGION,
2019–2026 (USD MILLION) 88
7.4 SPRAY DISPERSION 89
7.4.1 INCREASED USE OF SPRAY-BASED MEDICINES IN THE PHARMACEUTICAL INDUSTRY TO DRIVE MARKET GROWTH 89
TABLE 23 PARTICLE SIZE ANALYSIS MARKET FOR SPRAY DISPERSION, BY REGION, 2019–2026 (USD MILLION) 89
8 PARTICLE SIZE ANALYSIS MARKET, BY END USER 90
8.1 INTRODUCTION 91
TABLE 24 PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 91
8.2 HEALTHCARE INDUSTRY 91
TABLE 25 PARTICLE SIZE ANALYSIS MARKET FOR HEALTHCARE INDUSTRY,
BY END USER, 2019–2026 (USD MILLION) 92
TABLE 26 PARTICLE SIZE ANALYSIS MARKET FOR HEALTHCARE INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 93
8.2.1 PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES 93
8.2.1.1 Particle size analysis plays a crucial step in raw material assessment and quality control 93
TABLE 27 PARTICLE SIZE ANALYSIS MARKET FOR PHARMACEUTICAL & BIOTECHNOLOGY COMPANIES, BY REGION, 2019–2026 (USD MILLION) 94
8.2.2 PUBLIC & PRIVATE RESEARCH INSTITUTIONS 94
8.2.2.1 Active government investment to support nanotechnology research to drive the market demand 94
TABLE 28 PARTICLE SIZE ANALYSIS MARKET FOR PUBLIC & PRIVATE RESEARCH INSTITUTIONS, BY REGION, 2019–2026 (USD MILLION) 95
8.2.3 ACADEMIC INSTITUTIONS 95
8.2.3.1 Increasing focus on nanotechnology-related research and studies to expand the utilization of particle size analyzers 95
TABLE 29 PARTICLE SIZE ANALYSIS MARKET FOR ACADEMIC INSTITUTIONS,
BY REGION, 2019–2026 (USD MILLION) 96
8.3 COSMETIC INDUSTRY 96
8.3.1 WIDESPREAD APPLICATION IN MANUFACTURING AND QUALITY CONTROL OF THE FINAL PRODUCT TO SUPPORT MARKET GROWTH 96
TABLE 30 PARTICLE SIZE ANALYSIS MARKET FOR COSMETIC INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 97
8.4 CHEMICALS & PETROLEUM INDUSTRY 97
8.4.1 EXPANDING CHEMICALS & PETROLEUM INDUSTRY TO REFLECT
THE INCREASING DEMAND FOR PARTICLE SIZE ANALYZERS 97
TABLE 31 PARTICLE SIZE ANALYSIS MARKET FOR CHEMICALS & PETROLEUM INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 98
8.5 MINING, MINERALS, AND CEMENT INDUSTRY 98
8.5.1 WIDESPREAD APPLICATION OF PARTICLE SIZE ANALYSIS TO SUPPORT MARKET GROWTH 98
TABLE 32 PARTICLE SIZE ANALYSIS MARKET FOR MINING, MINERALS, AND CEMENT INDUSTRY, BY REGION, 2019–2026 (USD MILLION) 99
8.6 FOOD & BEVERAGE INDUSTRY 99
8.6.1 GROWING CONCERN OVER FOOD QUALITY AND SAFETY COMPLIANCE IN EMERGING COUNTRIES TO DRIVE THE MARKET 99
TABLE 33 PARTICLE SIZE ANALYSIS MARKET FOR FOOD & BEVERAGE INDUSTRY,
BY REGION, 2019–2026 (USD MILLION) 100
8.7 OTHER INDUSTRIES 100
TABLE 34 PARTICLE SIZE ANALYSIS MARKET FOR OTHER INDUSTRIES, BY REGION, 2019–2026 (USD MILLION) 101
9 PARTICLE SIZE ANALYSIS MARKET, BY REGION 102
9.1 INTRODUCTION 103
TABLE 35 PARTICLE SIZE ANALYSIS MARKET, BY REGION, 2019–2026 (USD MILLION) 103
9.2 NORTH AMERICA 104
FIGURE 26 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET SNAPSHOT 105
TABLE 36 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 106
TABLE 37 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION) 106
TABLE 38 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 106
TABLE 39 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 107
TABLE 40 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 107
TABLE 41 NORTH AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 108
9.2.1 US 108
9.2.1.1 Presence of a large number of pharmaceutical & biotechnological companies to support the market growth 108
TABLE 42 US: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 109
TABLE 43 US: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 109
9.2.2 CANADA 110
9.2.2.1 Increasing number of conferences on nanotechnology to drive the market growth 110
TABLE 44 CANADA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 110
TABLE 45 CANADA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 111
9.3 EUROPE 111
TABLE 46 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 112
TABLE 47 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 112
TABLE 48 EUROPE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 113
TABLE 49 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE,
2019–2026 (USD MILLION) 113
TABLE 50 EUROPE: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 113
TABLE 51 EUROPE: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 114
9.3.1 GERMANY 114
9.3.1.1 Increasing number of conferences and workshops to push the adoption of particle size analyzers 114
TABLE 52 GERMANY: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 115
TABLE 53 GERMANY: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 115
9.3.2 UK 115
9.3.2.1 Academic and research institutions to drive the demand for particle size analyzers 115
TABLE 54 UK: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 116
TABLE 55 UK: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 116
9.3.3 FRANCE 117
9.3.3.1 Public-private investments for biotechnology to support the adoption of particle size analyzers 117
TABLE 56 FRANCE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 117
TABLE 57 FRANCE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 118
9.3.4 ITALY 118
9.3.4.1 Well established manufacturing and research infrastructure to push the utilization of particle size analyzers 118
TABLE 58 ITALY: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 119
TABLE 59 ITALY: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 119
9.3.5 SPAIN 119
9.3.5.1 Favorable environment for pharma and biotech companies and SMEs to support the demand for particle size analysis products 119
TABLE 60 SPAIN: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 120
TABLE 61 SPAIN: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 120
9.3.6 REST OF EUROPE 121
TABLE 62 ROE: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 121
TABLE 63 ROE: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 122
9.4 ASIA PACIFIC 122
FIGURE 27 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET SNAPSHOT 123
TABLE 64 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 124
TABLE 65 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 124
TABLE 66 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 125
TABLE 67 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 125
TABLE 68 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 126
TABLE 69 ASIA PACIFIC: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 126
9.4.1 CHINA 127
9.4.1.1 Growing end user base to push the demand for particle size analyzers in China 127
TABLE 70 CHINA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 127
TABLE 71 CHINA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 128
9.4.2 JAPAN 128
9.4.2.1 Rising R&D expenditure to drive the Japanese market 128
TABLE 72 JAPAN: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 129
TABLE 73 JAPAN: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 129
9.4.3 INDIA 129
9.4.3.1 Growing pharmaceutical manufacturing base to boost the demand for particle size analyzers 129
TABLE 74 INDIA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 130
TABLE 75 INDIA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 131
9.4.4 AUSTRALIA 131
9.4.4.1 Strong focus on biotechnology-based manufacturing and research to fuel market growth 131
TABLE 76 AUSTRALIA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 132
TABLE 77 AUSTRALIA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 132
9.4.5 SOUTH KOREA 132
9.4.5.1 Strong focus on R&D activities to drive the market growth 132
TABLE 78 SOUTH KOREA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 133
TABLE 79 SOUTH KOREA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 133
9.4.6 REST OF ASIA PACIFIC 134
TABLE 80 ROAPAC: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 134
TABLE 81 ROAPAC: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 134
9.5 LATIN AMERICA 135
TABLE 82 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY COUNTRY,
2019–2026 (USD MILLION) 135
TABLE 83 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 136
TABLE 84 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE, 2019–2026 (USD MILLION) 136
TABLE 85 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 136
TABLE 86 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER,
2019–2026 (USD MILLION) 137
TABLE 87 LATIN AMERICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 137
9.5.1 BRAZIL 138
9.5.1.1 Lack of stringent government guidelines to hinder the market growth 138
TABLE 88 BRAZIL: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 138
TABLE 89 BRAZIL: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 139
9.5.2 MEXICO 139
9.5.2.1 Well established mining and petroleum industry base to boost the market growth 139
TABLE 90 MEXICO: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 140
TABLE 91 MEXICO: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 140
9.5.3 REST OF LATIN AMERICA 140
TABLE 92 ROLA: PARTICLE SIZE ANALYSIS MARKET, BY TECHNOLOGY,
2019–2026 (USD MILLION) 141
TABLE 93 ROLA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING, BY TYPE,
2019–2026 (USD MILLION) 141
9.6 MIDDLE EAST & AFRICA 142
9.6.1 MULTIPLE CONFERENCES AND EXHIBITIONS TO PROMOTE THE UTILIZATION OF PARTICLE SIZE ANALYZERS 142
TABLE 94 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET,
BY TECHNOLOGY, 2019–2026 (USD MILLION) 142
TABLE 95 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET FOR IMAGING,
BY TYPE, 2019–2026 (USD MILLION) 143
TABLE 96 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET, BY DISPERSION TYPE, 2019–2026 (USD MILLION) 143
TABLE 97 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET, BY END USER, 2019–2026 (USD MILLION) 144
TABLE 98 MIDDLE EAST & AFRICA: PARTICLE SIZE ANALYSIS MARKET FOR THE HEALTHCARE INDUSTRY, BY END USER, 2019–2026 (USD MILLION) 144
10 COMPETITIVE LANDSCAPE 145
10.1 OVERVIEW 145
10.2 KEY PLAYER STRATEGIES 145
FIGURE 28 KEY DEVELOPMENTS IN THE PARTICLE SIZE ANALYSIS MARKET
(2018 TO 2021) 146
10.3 REVENUE SHARE ANALYSIS OF KEY MARKET PLAYERS 147
FIGURE 29 REVENUE SHARE ANALYSIS OF THE TOP THREE PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 147
10.4 MARKET SHARE ANALYSIS 148
FIGURE 30 PARTICLE SIZE ANALYSIS MARKET SHARE, BY KEY PLAYER, 2020 148
10.5 COMPETITIVE LEADERSHIP MAPPING: COMPANY EVALUATION MATRIX FOR 25 MAJOR PLAYERS 149
10.5.1 TERMINOLOGY/NOMENCLATURE 150
10.5.1.1 Stars 150
10.5.1.2 Emerging leaders 150
10.5.1.3 Pervasive players 150
10.5.1.4 Participants 150
FIGURE 31 PARTICLE SIZE ANALYSIS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 151
10.6 COMPETITIVE LEADERSHIP MAPPING-START-UP/ SME EVALUATION QUADRANT 152
10.6.1 PROGRESSIVE COMPANIES 152
10.6.2 RESPONSIVE COMPANIES 152
10.6.3 DYNAMIC COMPANIES 152
10.6.4 STARTING BLOCKS 152
FIGURE 32 DIGITAL X-RAY MARKET: COMPETITIVE LEADERSHIP MAPPING (SMES/START-UPS) 153
10.7 COMPETITIVE BENCHMARKING 154
TABLE 99 TECHNOLOGY AND REGIONAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 154
TABLE 100 TECHNOLOGY FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 155
TABLE 101 REGIONAL FOOTPRINT ANALYSIS OF THE TOP PLAYERS IN THE PARTICLE SIZE ANALYSIS MARKET 156
10.8 COMPETITIVE SCENARIO (2018–2021) 157
10.8.1 NEW PRODUCT LAUNCHES & APPROVALS 157
10.8.2 DEALS 158
10.8.3 OTHER DEVELOPMENTS 159
11 COMPANY PROFILES 160
11.1 KEY PLAYERS 160
(Business overview, Products offered, Recent developments, MNM view)*
11.1.1 AIMSIZER (DANDONG HMKTEST INSTRUMENT CO., LTD.) 160
TABLE 102 DANDONG HMKTEST INSTRUMENT CO., LTD.: BUSINESS OVERVIEW 160
11.1.2 ANTON PAAR GMBH 162
TABLE 103 ANTON PAAR GMBH: BUSINESS OVERVIEW 162
11.1.3 BECKMAN COULTER, INC. (A SUBSIDIARY OF DANAHER) 164
TABLE 104 DANAHER: BUSINESS OVERVIEW 164
FIGURE 33 DANAHER: COMPANY SNAPSHOT (2020) 165
11.1.4 BETTERSIZE INSTRUMENTS LTD. 167
TABLE 105 BETTERSIZE INSTRUMENTS LTD.: BUSINESS OVERVIEW 167
11.1.5 BROOKHAVEN INSTRUMENTS (A PART OF NOVA INSTRUMENTS CORPORATION) 169
TABLE 106 BROOKHAVEN INSTRUMENTS: BUSINESS OVERVIEW 169
11.1.6 FRITSCH GMBH 171
TABLE 107 FRITSCH GMBH: BUSINESS OVERVIEW 171
11.1.7 HORIBA 172
TABLE 108 HORIBA: BUSINESS OVERVIEW 172
FIGURE 34 HORIBA: COMPANY SNAPSHOT (2020) 173
11.1.8 LS INSTRUMENTS 176
TABLE 109 LS INSTRUMENTS: BUSINESS OVERVIEW 176
11.1.9 MALVERN PANALYTICAL LTD. (A SUBSIDIARY OF SPECTRIS) 177
TABLE 110 SPECTRIS: BUSINESS OVERVIEW 177
FIGURE 35 SPECTRIS: COMPANY SNAPSHOT (2020) 178
11.1.10 METTLER TOLEDO 182
TABLE 111 METTLER TOLEDO: BUSINESS OVERVIEW 182
FIGURE 36 METTLER TOLEDO: COMPANY SNAPSHOT (2020) 183
11.1.11 MICROMERITICS INSTRUMENT CORPORATION 184
TABLE 112 MICROMERITICS INSTRUMENT CORPORATION: BUSINESS OVERVIEW 184
11.1.12 MICROTRAC RETSCH GMBH (A PART OF VERDER SCIENTIFIC GMBH & CO. KG) 187
TABLE 113 VERDER SCIENTIFIC GMBH & CO. KG: BUSINESS OVERVIEW 187
11.1.13 SHIMADZU CORPORATION 189
TABLE 114 SHIMADZU CORPORATION: BUSINESS OVERVIEW 189
FIGURE 37 SHIMADZU CORPORATION: COMPANY SNAPSHOT (2020) 190
11.1.14 SYMPATEC GMBH 193
TABLE 115 SYMPATEC GMBH: BUSINESS OVERVIEW 193
11.1.15 TSI 195
TABLE 116 TSI: BUSINESS OVERVIEW 195
*Business overview, Products offered, Recent developments, MNM view might not be captured in case of unlisted companies.
11.2 OTHER COMPANIES 197
11.2.1 PAMAS PARTIKELMESS - UND ANALYSESYTEME GMBH 197
11.2.2 JINAN WINNER PARTICLE SIZE INSTRUMENT STOCK CO., LTD 198
11.2.3 3P INSTRUMENTS 199
11.2.4 IZON SCIENCE LTD. 200
11.2.5 CSC SCIENTIFIC COMPANY, INC. 200
12 APPENDIX 201
12.1 DISCUSSION GUIDE 201
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 206
12.3 AVAILABLE CUSTOMIZATIONS 208
12.4 RELATED REPORTS 208
12.5 AUTHOR DETAILS 209
MarketsandMarkets
Publisher: MarketsandMarkets
# of Pages: 364
Rating:
1 User License $7,150
Publication Date: February, 2022
Price: $7,150 / User License
Buy Now
RPT50477
LIC503
1 User $7,150
1 INTRODUCTION 56
1.1 INTRODUCTION TO COVID-19 56
1.2 COVID-19 HEALTH ASSESSMENT 56
FIGURE 1 COVID-19: GLOBAL PROPAGATION 56
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 57
1.3 COVID-19 ECONOMIC ASSESSMENT 58
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 58
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 59
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 59
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 60
1.4 OBJECTIVES OF THE STUDY 61
1.5 MARKET DEFINITION 61
1.5.1 INCLUSIONS AND EXCLUSIONS 62
1.6 MARKET SCOPE 62
1.6.1 MARKET SEGMENTATION 63
1.6.2 REGIONS COVERED 63
1.6.3 YEARS CONSIDERED FOR THE STUDY 64
1.7 CURRENCY CONSIDERED 64
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2018–2021 64
1.8 STAKEHOLDERS 65
1.9 SUMMARY OF CHANGES 65
2 RESEARCH METHODOLOGY 66
2.1 RESEARCH DATA 66
FIGURE 6 GLOBAL IOT IN MANUFACTURING MARKET: RESEARCH DESIGN 66
2.1.1 SECONDARY DATA 67
2.1.2 PRIMARY DATA 67
TABLE 2 PRIMARY INTERVIEWS 68
2.1.2.1 Breakup of primary profiles 68
2.1.2.2 Key industry insights 69
2.2 MARKET BREAKUP AND DATA TRIANGULATION 70
FIGURE 7 DATA TRIANGULATION 70
2.3 MARKET SIZE ESTIMATION 70
2.3.1 BOTTOM–UP APPROACH 71
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS AND SERVICES OF THE IOT IN MANUFACTURING MARKET 71
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (BOTTOM-UP) (SUPPLY-SIDE): COLLECTIVE REVENUE OF SOLUTIONS AND SERVICES OF THE IOT IN MANUFACTURING MARKET 71
2.3.2 TOP-DOWN APPROACH 72
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND SIDE): IOT IN MANUFACTURING MARKET 72
2.4 MARKET FORECAST 73
TABLE 3 FACTOR ANALYSIS 73
2.5 ASSUMPTIONS FOR THE STUDY 74
2.6 LIMITATIONS OF THE STUDY 75
3 EXECUTIVE SUMMARY 76
FIGURE 11 IOT IN MANUFACTURING MARKET SIZE, 2019–2026 77
FIGURE 12 LARGEST SEGMENTS IN THE IOT IN MANUFACTURING MARKET, 2021 78
FIGURE 13 IOT IN MANUFACTURING MARKET ANALYSIS 80
FIGURE 14 ASIA PACIFIC TO BE BEST MARKET FOR INVESTMENTS DURING THE FORECAST PERIOD 81
4 PREMIUM INSIGHTS 82
4.1 ATTRACTIVE OPPORTUNITIES IN THE IOT IN MANUFACTURING MARKET 82
FIGURE 15 RISING DEMAND FOR INDUSTRIAL AUTOMATION IN MANUFACTURING TO DRIVE MARKET GROWTH 82
4.2 NORTH AMERICAN IOT IN MANUFACTURING MARKET, 2021 82
FIGURE 16 SOLUTIONS SEGMENT AND UNITED STATES TO ACCOUNT FOR LARGE MARKET SHARES IN NORTH AMERICA IN 2021 82
4.3 ASIA PACIFIC IOT IN MANUFACTURING MARKET, 2021 83
FIGURE 17 SOLUTIONS SEGMENT AND CHINA TO ACCOUNT FOR LARGE MARKET SHARES IN ASIA PACIFIC IN 2021 83
4.4 IOT IN MANUFACTURING MARKET, BY COUNTRY 83
FIGURE 18 INDIA TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 83
5 MARKET OVERVIEW AND INDUSTRY TRENDS 84
5.1 INTRODUCTION 84
5.2 MARKET DYNAMICS 84
FIGURE 19 IOT IN MANUFACTURING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 84
5.2.1 DRIVERS 85
5.2.1.1 Growing demand for industrial automation in the manufacturing industry 85
FIGURE 20 GROWTH OF ROBOT INTENSITY IN INDUSTRIES: UNITED STATES 85
5.2.1.2 Rising need for centralized monitoring and predictive maintenance of assets 85
5.2.1.3 Rise in the number of cost-effective and intelligent connected devices and sensors 86
5.2.1.4 Increasing need for reliable, secure, and high-speed network connectivity 86
FIGURE 21 GLOBAL IOT CONNECTIONS (BILLION) 86
5.2.1.5 Increased adoption of cloud computing platforms 87
5.2.2 RESTRAINTS 87
5.2.2.1 Issues related to data security and privacy in IoT 87
FIGURE 22 PRIVACY ISSUES IN IOT-PAST DATA (BILLION) 88
5.2.2.2 Absence of standardization in IoT protocols 88
5.2.2.3 Integration with the traditional systems and the lack of a technically skilled workforce 89
5.2.3 OPPORTUNITIES 89
5.2.3.1 Rising number of data centers 89
FIGURE 23 GLOBAL RISE IN DATA CENTERS, 2016–2019 90
5.2.3.2 Emerging 5G technology to help IoT adoption globally 90
5.2.3.3 Increase in smart manufacturing initiatives worldwide 90
5.2.3.4 Rising demand for IoT-enabled digital transformation of businesses 90
5.2.3.5 Growing demand for system integrators 91
5.2.4 CHALLENGES 91
5.2.4.1 Lack of skilled workforce for operating IoT-based equipment 91
5.2.4.2 Huge initial investments required for implementing IoT in smart manufacturing 91
5.2.4.3 Interoperability issues of legacy infrastructure and communication networks 92
5.3 INDUSTRY TRENDS 92
5.3.1 VALUE CHAIN ANALYSIS 92
FIGURE 24 IOT IN MANUFACTURING MARKET: VALUE CHAIN 93
5.3.2 ECOSYSTEM 94
TABLE 4 IOT IN MANUFACTURING MARKET: ECOSYSTEM 94
5.3.3 PORTER’S FIVE FORCES MODEL 95
TABLE 5 IMPACT OF EACH FORCE ON THE IOT IN MANUFACTURING MARKET 95
5.3.3.1 Threat of new entrants 95
5.3.3.2 Threat of substitutes 96
5.3.3.3 Bargaining power of suppliers 96
5.3.3.4 Bargaining power of buyers 96
5.3.3.5 Degree of competition 96
5.3.4 TECHNOLOGY ANALYSIS 96
5.3.4.1 Machine learning and artificial intelligence 96
5.3.4.2 Internet of things 97
5.3.4.3 Analytics 97
5.3.4.4 Cloud 97
5.3.4.5 Digital twin 98
5.3.4.6 Edge computing 98
5.3.4.7 MQTT protocol 98
5.3.4.8 Augmented reality 99
5.3.5 PATENT ANALYSIS 99
FIGURE 25 TOP TEN COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS 99
TABLE 6 TOP TWENTY PATENT OWNERS 100
FIGURE 26 NUMBER OF PATENTS GRANTED IN A YEAR OVER THE LAST TEN YEARS 100
5.3.6 AVERAGE SELLING PRICE ANALYSIS 101
TABLE 7 AVERAGE SELLING PRICE RANGES OF SUBSCRIPTION BASED IOT IN MANUFACTURING SYSTEMS 101
5.3.7 USE CASE ANALYSIS 102
TABLE 8 USE CASE 1: CISCO 102
TABLE 9 USE CASE 2: IBM 102
TABLE 10 USE CASE 3: MICROSOFT 103
TABLE 11 USE CASE 4: PTC 103
TABLE 12 USE CASE 5: BOSCH.IO 104
5.3.8 KEY CONFERENCES AND EVENTS IN 2022–2023 105
TABLE 13 IOT IN MANUFACTURING MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 105
5.4 COVID-19 PANDEMIC- DRIVEN MARKET DYNAMICS AND FACTOR ANALYSIS 107
5.4.1 OVERVIEW 107
5.4.2 DRIVERS AND OPPORTUNITIES 107
5.4.3 RESTRAINTS AND CHALLENGES 107
5.4.4 CUMULATIVE GROWTH ANALYSIS 108
TABLE 14 IOT IN MANUFACTURING MARKET: CUMULATIVE GROWTH ANALYSIS 108
6 IOT IN MANUFACTURING MARKET, BY COMPONENT 109
6.1 INTRODUCTION 110
FIGURE 27 SOLUTIONS SEGMENT TO LEAD IOT IN MANUFACTURING DURING THE FORECAST PERIOD 111
TABLE 15 IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 111
TABLE 16 IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT
2021–2026 (USD MILLION) 111
6.2 SOLUTIONS 112
6.2.1 SOLUTIONS: IOT IN MANUFACTURING MARKET DRIVERS 113
6.2.2 SOLUTIONS: COVID-19 IMPACT 113
TABLE 17 SOLUTIONS: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 114
TABLE 18 SOLUTIONS: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 114
6.3 SERVICES 114
6.3.1 SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 115
6.3.2 SERVICES: COVID-19 IMPACT 115
TABLE 19 SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 116
TABLE 20 SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 116
7 IOT IN MANUFACTURING MARKET, BY SOLUTION 117
7.1 INTRODUCTION 118
FIGURE 28 DATA MANAGEMENT SEGMENT TO LEAD IOT IN MANUFACTURING DURING THE FORECAST PERIOD 118
TABLE 21 IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2016–2020 (USD MILLION) 119
TABLE 22 IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2021–2026 (USD MILLION) 119
7.2 NETWORK MANAGEMENT 119
7.2.1 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 120
TABLE 23 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 120
TABLE 24 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 120
7.2.2 NETWORK BANDWIDTH MANAGEMENT 121
7.2.3 NETWORK SECURITY MANAGEMENT 121
7.2.4 NETWORK PERFORMANCE MONITORING AND MANAGEMENT 122
7.2.5 NETWORK CONFIGURATION MANAGEMENT 122
7.3 DATA MANAGEMENT 123
7.3.1 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 123
TABLE 25 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 123
TABLE 26 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 124
7.3.2 DATA INTEGRATION 124
7.3.3 DATA SECURITY 124
7.3.4 DATA MIGRATION 124
7.3.5 DATA ANALYTICS AND VISUALIZATION 124
7.3.6 METADATA MANAGEMENT 125
7.3.7 DATA GOVERNANCE 125
7.3.8 DATA ORCHESTRATION 125
7.4 DEVICE MANAGEMENT 125
7.4.1 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 126
TABLE 27 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 126
TABLE 28 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 127
7.4.2 DEVICE PROVISIONING AND AUTHENTICATION 127
7.4.3 DEVICE CONFIGURATION MANAGEMENT 127
7.4.4 MONITORING AND TROUBLESHOOTING 128
7.5 APPLICATION MANAGEMENT 128
7.5.1 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 129
TABLE 29 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 129
TABLE 30 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 129
7.6 SMART SURVEILLANCE 130
7.6.1 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET DRIVERS 130
TABLE 31 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 131
TABLE 32 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 131
7.6.2 CENTRAL MONITORING SYSTEM 131
7.6.3 VIDEO ANALYTICS AND EVENTS 131
8 IOT IN MANUFACTURING MARKET, BY SERVICE 132
8.1 INTRODUCTION 133
FIGURE 29 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER RATE DURING FORECAST PERIOD 133
TABLE 33 IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 133
TABLE 34 IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 134
8.2 MANAGED SERVICES 134
8.2.1 MANAGED SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 135
TABLE 35 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 135
TABLE 36 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 136
FIGURE 30 SECURITY MANAGEMENT SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 136
TABLE 37 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 136
TABLE 38 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 137
8.2.2 INFRASTRUCTURE MANAGEMENT SERVICES 137
8.2.2.1 Infrastructure management services: IoT in manufacturing market drivers 137
TABLE 39 INFRASTRUCTURE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 138
TABLE 40 INFRASTRUCTURE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 138
8.2.3 SECURITY MANAGEMENT SERVICES 138
8.2.3.1 Security management services: IoT in manufacturing market drivers 139
TABLE 41 SECURITY MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 139
TABLE 42 SECURITY MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 139
8.2.4 NETWORK MANAGEMENT SERVICES 139
8.2.4.1 Network management services: IoT in manufacturing market drivers 140
TABLE 43 NETWORK MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 140
TABLE 44 NETWORK MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 140
8.2.5 DATA MANAGEMENT SERVICES 141
8.2.5.1 Data management services: IoT in manufacturing market drivers 141
TABLE 45 DATA MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 141
TABLE 46 DATA MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 142
8.2.6 DEVICE MANAGEMENT SERVICES 142
8.2.6.1 Device management services: IoT in manufacturing market drivers 142
TABLE 47 DEVICE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 142
TABLE 48 DEVICE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 143
8.3 PROFESSIONAL SERVICES 143
8.3.1 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 143
TABLE 49 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 144
TABLE 50 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 144
FIGURE 31 SYSTEM DESIGNING AND INTEGRATION SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 144
TABLE 51 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 145
TABLE 52 PR-OFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 145
8.3.2 IOT CONSULTING SERVICES 145
8.3.2.1 IoT consulting services: IoT in manufacturing market drivers 145
TABLE 53 IOT CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 146
TABLE 54 IOT CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 146
FIGURE 32 TECHNOLOGY CONSULTING SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 146
TABLE 55 IOT CONSULTING SERVICES MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 147
TABLE 56 IOT CONSULTING SERVICES MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 147
8.3.2.2 Technology consulting services 147
TABLE 57 TECHNOLOGY CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 147
TABLE 58 TECHNOLOGY CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 148
8.3.2.3 Business consulting services 148
TABLE 59 BUSINESS CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 148
TABLE 60 BUSINESS CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
8.3.2.4 Operational consulting services 149
TABLE 61 OPERATIONAL CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 149
TABLE 62 OPERATIONAL CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
8.3.3 IOT INFRASTRUCTURE SERVICES 150
8.3.3.1 IoT infrastructure services: IoT in manufacturing market drivers 150
TABLE 63 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 150
TABLE 64 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 150
FIGURE 33 CLOUD SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 151
TABLE 65 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 151
TABLE 66 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 151
8.3.3.2 Network services 151
TABLE 67 NETWORK SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 152
TABLE 68 NETWORK SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 152
8.3.3.3 Deployment services 152
TABLE 69 DEPLOYMENT SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 152
TABLE 70 DEPLOYMENT SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 153
8.3.3.4 Cloud services 153
TABLE 71 CLOUD SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 153
TABLE 72 CLOUD SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 153
8.3.4 SYSTEM DESIGNING AND INTEGRATION SERVICES 154
8.3.4.1 System designing and integration services: IoT in manufacturing market drivers 154
TABLE 73 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 154
TABLE 74 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 154
FIGURE 34 PLATFORM DEVELOPMENT AND INTEGRATION SEGMENT TO GROW A HIGHER CAGR DURING THE FORECAST PERIOD 155
TABLE 75 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 155
TABLE 76 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 155
8.3.4.2 Platform development and integration services 155
TABLE 77 PLATFORM DEPLOYMENT AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 156
TABLE 78 PLATFORM DEPLOYMENT AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 156
8.3.4.3 Mobile and web application development services 156
TABLE 79 MOBILE AND WEB APPLICATION DEVELOPMENT SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 157
TABLE 80 MOBILE AND WEB APPLICATION DEVELOPMENT SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 157
8.3.5 SUPPORT AND MAINTENANCE SERVICES 157
8.3.5.1 Support and maintenance services: IoT in manufacturing market drivers 158
TABLE 81 SUPPORT AND MAINTENANCE SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 158
TABLE 82 SUPPORT AND MAINTENANCE SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 158
8.3.6 EDUCATION AND TRAINING SERVICES 158
8.3.6.1 Education and training services: IoT in manufacturing market drivers 159
TABLE 83 EDUCATION AND TRAINING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 159
TABLE 84 EDUCATION AND TRAINING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 159
9 IOT IN MANUFACTURING MARKET, BY DEPLOYMENT MODE 160
9.1 INTRODUCTION 161
FIGURE 35 CLOUD SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 161
TABLE 85 IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE,
2016–2020 (USD MILLION) 161
TABLE 86 IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE,
2021–2026 (USD MILLION) 162
9.2 ON-PREMISES 162
9.2.1 ON-PREMISES: IOT IN MANUFACTURING MARKET DRIVERS 162
9.2.2 ON-PREMISES: COVID-19 IMPACT 162
TABLE 87 ON-PREMISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 163
TABLE 88 ON-PREMISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 163
9.3 CLOUD 163
9.3.1 CLOUD: IOT IN MANUFACTURING MARKET DRIVERS 164
9.3.2 CLOUD: COVID-19 IMPACT 164
TABLE 89 CLOUD: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 164
TABLE 90 CLOUD: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 164
10 IOT IN MANUFACTURING MARKET, BY ORGANIZATION SIZE 165
10.1 INTRODUCTION 166
FIGURE 36 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 166
TABLE 91 IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE,
2016–2020 (USD MILLION) 166
TABLE 92 IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE,
2021–2026 (USD MILLION) 167
10.2 LARGE ENTERPRISES 167
10.2.1 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET DRIVERS 167
10.2.2 LARGE ENTERPRISES: COVID-19 IMPACT 168
TABLE 93 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 168
TABLE 94 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 168
10.3 SMALL AND MEDIUM-SIZED ENTERPRISES 169
10.3.1 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET DRIVERS 169
10.3.2 SMALL AND MEDIUM-SIZED ENTERPRISES: COVID-19 IMPACT 169
TABLE 95 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 169
TABLE 96 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 170
11 IOT IN MANUFACTURING MARKET, BY APPLICATION 171
11.1 INTRODUCTION 172
FIGURE 37 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 172
TABLE 97 IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION) 172
TABLE 98 IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 173
11.1.1 APPLICATIONS: COVID-19 IMPACT 173
11.2 PREDICTIVE MAINTENANCE 174
11.2.1 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET DRIVERS 174
TABLE 99 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 174
TABLE 100 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 175
11.3 BUSINESS PROCESS OPTIMIZATION 175
11.3.1 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET DRIVERS 175
TABLE 101 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 176
TABLE 102 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 176
11.4 ASSET TRACKING AND MANAGEMENT 176
11.4.1 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 177
TABLE 103 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 177
TABLE 104 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 177
11.5 LOGISTICS AND SUPPLY CHAIN MANAGEMENT 178
11.5.1 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 178
TABLE 105 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 178
TABLE 106 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 179
11.6 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT 179
11.6.1 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 179
TABLE 107 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 180
TABLE 108 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 180
11.7 AUTOMATION CONTROL AND MANAGEMENT 180
11.7.1 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 181
TABLE 109 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 181
TABLE 110 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 181
11.8 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION 182
11.8.1 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET DRIVERS 182
TABLE 111 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 182
TABLE 112 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 183
12 IOT IN MANUFACTURING MARKET, BY VERTICAL 184
12.1 INTRODUCTION 185
FIGURE 38 DISCRETE MANUFACTURING SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 185
TABLE 113 IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2016–2020 (USD MILLION) 185
TABLE 114 IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 185
12.1.1 VERTICALS: COVID-19 IMPACT 186
12.2 PROCESS MANUFACTURING 186
12.2.1 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET DRIVERS 186
12.2.2 PROCESS MANUFACTURING: COVID-19 IMPACT 187
TABLE 115 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 187
TABLE 116 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 188
12.2.3 ENERGY AND UTILITIES 188
12.2.4 CHEMICALS AND MATERIALS 188
12.2.5 FOOD AND BEVERAGE 189
12.2.6 WATER AND WASTE MANAGEMENT 189
12.2.7 OTHER VERTICALS 189
12.3 DISCRETE MANUFACTURING 190
12.3.1 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET DRIVERS 190
12.3.2 DISCRETE MANUFACTURING: COVID-19 IMPACT 190
TABLE 117 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 190
TABLE 118 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 191
12.3.3 AUTOMOTIVE 191
12.3.4 MACHINE MANUFACTURING 191
12.3.5 SEMICONDUCTOR AND ELECTRONICS 191
12.3.6 MEDICAL DEVICES 192
12.3.7 LOGISTICS AND TRANSPORTATION 192
13 IOT IN MANUFACTURING MARKET, BY REGION 193
13.1 INTRODUCTION 194
FIGURE 39 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 194
TABLE 119 IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 194
TABLE 120 IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 195
13.2 NORTH AMERICA 195
13.2.1 NORTH AMERICA: IOT IN MANUFACTURING MARKET REGULATORY IMPLICATIONS 195
13.2.2 NORTH AMERICA: COVID-19 IMPACT 196
FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT 196
TABLE 121 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 197
TABLE 122 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 197
TABLE 123 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2016–2020 (USD MILLION) 197
TABLE 124 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2021–2026 (USD MILLION) 197
TABLE 125 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE, 2016–2020 (USD MILLION) 198
TABLE 126 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION) 198
TABLE 127 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 198
TABLE 128 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 198
TABLE 129 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 199
TABLE 130 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 199
TABLE 131 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 199
TABLE 132 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 199
TABLE 133 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 200
TABLE 134 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 200
TABLE 135 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 200
TABLE 136 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 200
TABLE 137 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 201
TABLE 138 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 201
TABLE 139 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 201
TABLE 140 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 201
TABLE 141 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION) 202
TABLE 142 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 202
TABLE 143 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2016–2020 (USD MILLION) 202
TABLE 144 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2021–2026 (USD MILLION) 203
TABLE 145 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION) 203
TABLE 146 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 203
13.2.3 UNITED STATES 203
13.2.3.1 Presence of major IoT solutions providers and significant government support will drive the growth of IoT in manufacturing solutions 203
13.2.3.2 United States: IoT in manufacturing market drivers 204
TABLE 147 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 204
TABLE 148 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 204
TABLE 149 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2016–2020 (USD MILLION) 204
TABLE 150 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2021–2026 (USD MILLION) 205
TABLE 151 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 205
TABLE 152 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 205
TABLE 153 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 205
TABLE 154 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 206
TABLE 155 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 206
TABLE 156 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 206
TABLE 157 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 206
TABLE 158 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 207
TABLE 159 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 207
TABLE 160 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 207
TABLE 161 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 207
TABLE 162 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 208
TABLE 163 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 208
TABLE 164 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 208
TABLE 165 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 208
TABLE 166 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 209
TABLE 167 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION) 209
TABLE 168 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 209
TABLE 169 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2016–2020 (USD MILLION) 210
TABLE 170 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2021–2026 (USD MILLION) 210
13.2.4 CANADA 210
13.2.4.1 Increasing investments for development and exponential rise in adoption of IoT in critical applications 210
13.2.4.2 Canada: IoT in manufacturing market drivers 210
TABLE 171 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 211
TABLE 172 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 211
TABLE 173 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2016–2020 (USD MILLION) 211
TABLE 174 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2021–2026 (USD MILLION) 211
TABLE 175 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 212
TABLE 176 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 212
TABLE 177 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 212
TABLE 178 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 212
TABLE 179 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 213
TABLE 180 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 213
TABLE 181 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 213
TABLE 182 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 213
TABLE 183 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 214
TABLE 184 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 214
TABLE 185 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 214
TABLE 186 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 214
TABLE 187 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 215
TABLE 188 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 215
TABLE 189 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 215
TABLE 190 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 215
TABLE 191 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION) 216
TABLE 192 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 216
TABLE 193 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2016–2020 (USD MILLION) 216
TABLE 194 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 217
1 INTRODUCTION 56
1.1 INTRODUCTION TO COVID-19 56
1.2 COVID-19 HEALTH ASSESSMENT 56
FIGURE 1 COVID-19: GLOBAL PROPAGATION 56
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES 57
1.3 COVID-19 ECONOMIC ASSESSMENT 58
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020 58
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT 59
FIGURE 4 CRITERIA IMPACTING GLOBAL ECONOMY 59
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY 60
1.4 OBJECTIVES OF THE STUDY 61
1.5 MARKET DEFINITION 61
1.5.1 INCLUSIONS AND EXCLUSIONS 62
1.6 MARKET SCOPE 62
1.6.1 MARKET SEGMENTATION 63
1.6.2 REGIONS COVERED 63
1.6.3 YEARS CONSIDERED FOR THE STUDY 64
1.7 CURRENCY CONSIDERED 64
TABLE 1 UNITED STATES DOLLAR EXCHANGE RATE, 2018–2021 64
1.8 STAKEHOLDERS 65
1.9 SUMMARY OF CHANGES 65
2 RESEARCH METHODOLOGY 66
2.1 RESEARCH DATA 66
FIGURE 6 GLOBAL IOT IN MANUFACTURING MARKET: RESEARCH DESIGN 66
2.1.1 SECONDARY DATA 67
2.1.2 PRIMARY DATA 67
TABLE 2 PRIMARY INTERVIEWS 68
2.1.2.1 Breakup of primary profiles 68
2.1.2.2 Key industry insights 69
2.2 MARKET BREAKUP AND DATA TRIANGULATION 70
FIGURE 7 DATA TRIANGULATION 70
2.3 MARKET SIZE ESTIMATION 70
2.3.1 BOTTOM–UP APPROACH 71
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): REVENUE OF SOLUTIONS AND SERVICES OF THE IOT IN MANUFACTURING MARKET 71
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 1 (BOTTOM-UP) (SUPPLY-SIDE): COLLECTIVE REVENUE OF SOLUTIONS AND SERVICES OF THE IOT IN MANUFACTURING MARKET 71
2.3.2 TOP-DOWN APPROACH 72
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY - APPROACH 2 (DEMAND SIDE): IOT IN MANUFACTURING MARKET 72
2.4 MARKET FORECAST 73
TABLE 3 FACTOR ANALYSIS 73
2.5 ASSUMPTIONS FOR THE STUDY 74
2.6 LIMITATIONS OF THE STUDY 75
3 EXECUTIVE SUMMARY 76
FIGURE 11 IOT IN MANUFACTURING MARKET SIZE, 2019–2026 77
FIGURE 12 LARGEST SEGMENTS IN THE IOT IN MANUFACTURING MARKET, 2021 78
FIGURE 13 IOT IN MANUFACTURING MARKET ANALYSIS 80
FIGURE 14 ASIA PACIFIC TO BE BEST MARKET FOR INVESTMENTS DURING THE FORECAST PERIOD 81
4 PREMIUM INSIGHTS 82
4.1 ATTRACTIVE OPPORTUNITIES IN THE IOT IN MANUFACTURING MARKET 82
FIGURE 15 RISING DEMAND FOR INDUSTRIAL AUTOMATION IN MANUFACTURING TO DRIVE MARKET GROWTH 82
4.2 NORTH AMERICAN IOT IN MANUFACTURING MARKET, 2021 82
FIGURE 16 SOLUTIONS SEGMENT AND UNITED STATES TO ACCOUNT FOR LARGE MARKET SHARES IN NORTH AMERICA IN 2021 82
4.3 ASIA PACIFIC IOT IN MANUFACTURING MARKET, 2021 83
FIGURE 17 SOLUTIONS SEGMENT AND CHINA TO ACCOUNT FOR LARGE MARKET SHARES IN ASIA PACIFIC IN 2021 83
4.4 IOT IN MANUFACTURING MARKET, BY COUNTRY 83
FIGURE 18 INDIA TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 83
5 MARKET OVERVIEW AND INDUSTRY TRENDS 84
5.1 INTRODUCTION 84
5.2 MARKET DYNAMICS 84
FIGURE 19 IOT IN MANUFACTURING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 84
5.2.1 DRIVERS 85
5.2.1.1 Growing demand for industrial automation in the manufacturing industry 85
FIGURE 20 GROWTH OF ROBOT INTENSITY IN INDUSTRIES: UNITED STATES 85
5.2.1.2 Rising need for centralized monitoring and predictive maintenance of assets 85
5.2.1.3 Rise in the number of cost-effective and intelligent connected devices and sensors 86
5.2.1.4 Increasing need for reliable, secure, and high-speed network connectivity 86
FIGURE 21 GLOBAL IOT CONNECTIONS (BILLION) 86
5.2.1.5 Increased adoption of cloud computing platforms 87
5.2.2 RESTRAINTS 87
5.2.2.1 Issues related to data security and privacy in IoT 87
FIGURE 22 PRIVACY ISSUES IN IOT-PAST DATA (BILLION) 88
5.2.2.2 Absence of standardization in IoT protocols 88
5.2.2.3 Integration with the traditional systems and the lack of a technically skilled workforce 89
5.2.3 OPPORTUNITIES 89
5.2.3.1 Rising number of data centers 89
FIGURE 23 GLOBAL RISE IN DATA CENTERS, 2016–2019 90
5.2.3.2 Emerging 5G technology to help IoT adoption globally 90
5.2.3.3 Increase in smart manufacturing initiatives worldwide 90
5.2.3.4 Rising demand for IoT-enabled digital transformation of businesses 90
5.2.3.5 Growing demand for system integrators 91
5.2.4 CHALLENGES 91
5.2.4.1 Lack of skilled workforce for operating IoT-based equipment 91
5.2.4.2 Huge initial investments required for implementing IoT in smart manufacturing 91
5.2.4.3 Interoperability issues of legacy infrastructure and communication networks 92
5.3 INDUSTRY TRENDS 92
5.3.1 VALUE CHAIN ANALYSIS 92
FIGURE 24 IOT IN MANUFACTURING MARKET: VALUE CHAIN 93
5.3.2 ECOSYSTEM 94
TABLE 4 IOT IN MANUFACTURING MARKET: ECOSYSTEM 94
5.3.3 PORTER’S FIVE FORCES MODEL 95
TABLE 5 IMPACT OF EACH FORCE ON THE IOT IN MANUFACTURING MARKET 95
5.3.3.1 Threat of new entrants 95
5.3.3.2 Threat of substitutes 96
5.3.3.3 Bargaining power of suppliers 96
5.3.3.4 Bargaining power of buyers 96
5.3.3.5 Degree of competition 96
5.3.4 TECHNOLOGY ANALYSIS 96
5.3.4.1 Machine learning and artificial intelligence 96
5.3.4.2 Internet of things 97
5.3.4.3 Analytics 97
5.3.4.4 Cloud 97
5.3.4.5 Digital twin 98
5.3.4.6 Edge computing 98
5.3.4.7 MQTT protocol 98
5.3.4.8 Augmented reality 99
5.3.5 PATENT ANALYSIS 99
FIGURE 25 TOP TEN COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS 99
TABLE 6 TOP TWENTY PATENT OWNERS 100
FIGURE 26 NUMBER OF PATENTS GRANTED IN A YEAR OVER THE LAST TEN YEARS 100
5.3.6 AVERAGE SELLING PRICE ANALYSIS 101
TABLE 7 AVERAGE SELLING PRICE RANGES OF SUBSCRIPTION BASED IOT IN MANUFACTURING SYSTEMS 101
5.3.7 USE CASE ANALYSIS 102
TABLE 8 USE CASE 1: CISCO 102
TABLE 9 USE CASE 2: IBM 102
TABLE 10 USE CASE 3: MICROSOFT 103
TABLE 11 USE CASE 4: PTC 103
TABLE 12 USE CASE 5: BOSCH.IO 104
5.3.8 KEY CONFERENCES AND EVENTS IN 2022–2023 105
TABLE 13 IOT IN MANUFACTURING MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 105
5.4 COVID-19 PANDEMIC- DRIVEN MARKET DYNAMICS AND FACTOR ANALYSIS 107
5.4.1 OVERVIEW 107
5.4.2 DRIVERS AND OPPORTUNITIES 107
5.4.3 RESTRAINTS AND CHALLENGES 107
5.4.4 CUMULATIVE GROWTH ANALYSIS 108
TABLE 14 IOT IN MANUFACTURING MARKET: CUMULATIVE GROWTH ANALYSIS 108
6 IOT IN MANUFACTURING MARKET, BY COMPONENT 109
6.1 INTRODUCTION 110
FIGURE 27 SOLUTIONS SEGMENT TO LEAD IOT IN MANUFACTURING DURING THE FORECAST PERIOD 111
TABLE 15 IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 111
TABLE 16 IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT
2021–2026 (USD MILLION) 111
6.2 SOLUTIONS 112
6.2.1 SOLUTIONS: IOT IN MANUFACTURING MARKET DRIVERS 113
6.2.2 SOLUTIONS: COVID-19 IMPACT 113
TABLE 17 SOLUTIONS: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 114
TABLE 18 SOLUTIONS: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 114
6.3 SERVICES 114
6.3.1 SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 115
6.3.2 SERVICES: COVID-19 IMPACT 115
TABLE 19 SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 116
TABLE 20 SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 116
7 IOT IN MANUFACTURING MARKET, BY SOLUTION 117
7.1 INTRODUCTION 118
FIGURE 28 DATA MANAGEMENT SEGMENT TO LEAD IOT IN MANUFACTURING DURING THE FORECAST PERIOD 118
TABLE 21 IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2016–2020 (USD MILLION) 119
TABLE 22 IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2021–2026 (USD MILLION) 119
7.2 NETWORK MANAGEMENT 119
7.2.1 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 120
TABLE 23 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 120
TABLE 24 NETWORK MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 120
7.2.2 NETWORK BANDWIDTH MANAGEMENT 121
7.2.3 NETWORK SECURITY MANAGEMENT 121
7.2.4 NETWORK PERFORMANCE MONITORING AND MANAGEMENT 122
7.2.5 NETWORK CONFIGURATION MANAGEMENT 122
7.3 DATA MANAGEMENT 123
7.3.1 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 123
TABLE 25 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 123
TABLE 26 DATA MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 124
7.3.2 DATA INTEGRATION 124
7.3.3 DATA SECURITY 124
7.3.4 DATA MIGRATION 124
7.3.5 DATA ANALYTICS AND VISUALIZATION 124
7.3.6 METADATA MANAGEMENT 125
7.3.7 DATA GOVERNANCE 125
7.3.8 DATA ORCHESTRATION 125
7.4 DEVICE MANAGEMENT 125
7.4.1 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 126
TABLE 27 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 126
TABLE 28 DEVICE MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 127
7.4.2 DEVICE PROVISIONING AND AUTHENTICATION 127
7.4.3 DEVICE CONFIGURATION MANAGEMENT 127
7.4.4 MONITORING AND TROUBLESHOOTING 128
7.5 APPLICATION MANAGEMENT 128
7.5.1 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 129
TABLE 29 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 129
TABLE 30 APPLICATION MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 129
7.6 SMART SURVEILLANCE 130
7.6.1 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET DRIVERS 130
TABLE 31 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 131
TABLE 32 SMART SURVEILLANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 131
7.6.2 CENTRAL MONITORING SYSTEM 131
7.6.3 VIDEO ANALYTICS AND EVENTS 131
8 IOT IN MANUFACTURING MARKET, BY SERVICE 132
8.1 INTRODUCTION 133
FIGURE 29 MANAGED SERVICES SEGMENT TO GROW AT A HIGHER RATE DURING FORECAST PERIOD 133
TABLE 33 IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 133
TABLE 34 IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 134
8.2 MANAGED SERVICES 134
8.2.1 MANAGED SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 135
TABLE 35 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 135
TABLE 36 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 136
FIGURE 30 SECURITY MANAGEMENT SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING FORECAST PERIOD 136
TABLE 37 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 136
TABLE 38 MANAGED SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 137
8.2.2 INFRASTRUCTURE MANAGEMENT SERVICES 137
8.2.2.1 Infrastructure management services: IoT in manufacturing market drivers 137
TABLE 39 INFRASTRUCTURE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 138
TABLE 40 INFRASTRUCTURE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 138
8.2.3 SECURITY MANAGEMENT SERVICES 138
8.2.3.1 Security management services: IoT in manufacturing market drivers 139
TABLE 41 SECURITY MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 139
TABLE 42 SECURITY MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 139
8.2.4 NETWORK MANAGEMENT SERVICES 139
8.2.4.1 Network management services: IoT in manufacturing market drivers 140
TABLE 43 NETWORK MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 140
TABLE 44 NETWORK MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 140
8.2.5 DATA MANAGEMENT SERVICES 141
8.2.5.1 Data management services: IoT in manufacturing market drivers 141
TABLE 45 DATA MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 141
TABLE 46 DATA MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 142
8.2.6 DEVICE MANAGEMENT SERVICES 142
8.2.6.1 Device management services: IoT in manufacturing market drivers 142
TABLE 47 DEVICE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 142
TABLE 48 DEVICE MANAGEMENT SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 143
8.3 PROFESSIONAL SERVICES 143
8.3.1 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET DRIVERS 143
TABLE 49 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 144
TABLE 50 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 144
FIGURE 31 SYSTEM DESIGNING AND INTEGRATION SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 144
TABLE 51 PROFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 145
TABLE 52 PR-OFESSIONAL SERVICES: IOT IN MANUFACTURING MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 145
8.3.2 IOT CONSULTING SERVICES 145
8.3.2.1 IoT consulting services: IoT in manufacturing market drivers 145
TABLE 53 IOT CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 146
TABLE 54 IOT CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 146
FIGURE 32 TECHNOLOGY CONSULTING SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 146
TABLE 55 IOT CONSULTING SERVICES MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 147
TABLE 56 IOT CONSULTING SERVICES MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 147
8.3.2.2 Technology consulting services 147
TABLE 57 TECHNOLOGY CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 147
TABLE 58 TECHNOLOGY CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 148
8.3.2.3 Business consulting services 148
TABLE 59 BUSINESS CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 148
TABLE 60 BUSINESS CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
8.3.2.4 Operational consulting services 149
TABLE 61 OPERATIONAL CONSULTING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 149
TABLE 62 OPERATIONAL CONSULTING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 149
8.3.3 IOT INFRASTRUCTURE SERVICES 150
8.3.3.1 IoT infrastructure services: IoT in manufacturing market drivers 150
TABLE 63 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 150
TABLE 64 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 150
FIGURE 33 CLOUD SERVICES SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 151
TABLE 65 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY TYPE,
2016–2020 (USD MILLION) 151
TABLE 66 IOT INFRASTRUCTURE SERVICES MARKET SIZE, BY TYPE,
2021–2026 (USD MILLION) 151
8.3.3.2 Network services 151
TABLE 67 NETWORK SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 152
TABLE 68 NETWORK SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 152
8.3.3.3 Deployment services 152
TABLE 69 DEPLOYMENT SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 152
TABLE 70 DEPLOYMENT SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 153
8.3.3.4 Cloud services 153
TABLE 71 CLOUD SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 153
TABLE 72 CLOUD SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 153
8.3.4 SYSTEM DESIGNING AND INTEGRATION SERVICES 154
8.3.4.1 System designing and integration services: IoT in manufacturing market drivers 154
TABLE 73 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 154
TABLE 74 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 154
FIGURE 34 PLATFORM DEVELOPMENT AND INTEGRATION SEGMENT TO GROW A HIGHER CAGR DURING THE FORECAST PERIOD 155
TABLE 75 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION) 155
TABLE 76 SYSTEM DESIGNING AND INTEGRATION SERVICES MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION) 155
8.3.4.2 Platform development and integration services 155
TABLE 77 PLATFORM DEPLOYMENT AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 156
TABLE 78 PLATFORM DEPLOYMENT AND INTEGRATION SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 156
8.3.4.3 Mobile and web application development services 156
TABLE 79 MOBILE AND WEB APPLICATION DEVELOPMENT SERVICES MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 157
TABLE 80 MOBILE AND WEB APPLICATION DEVELOPMENT SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 157
8.3.5 SUPPORT AND MAINTENANCE SERVICES 157
8.3.5.1 Support and maintenance services: IoT in manufacturing market drivers 158
TABLE 81 SUPPORT AND MAINTENANCE SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 158
TABLE 82 SUPPORT AND MAINTENANCE SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 158
8.3.6 EDUCATION AND TRAINING SERVICES 158
8.3.6.1 Education and training services: IoT in manufacturing market drivers 159
TABLE 83 EDUCATION AND TRAINING SERVICES MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 159
TABLE 84 EDUCATION AND TRAINING SERVICES MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 159
9 IOT IN MANUFACTURING MARKET, BY DEPLOYMENT MODE 160
9.1 INTRODUCTION 161
FIGURE 35 CLOUD SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 161
TABLE 85 IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE,
2016–2020 (USD MILLION) 161
TABLE 86 IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE,
2021–2026 (USD MILLION) 162
9.2 ON-PREMISES 162
9.2.1 ON-PREMISES: IOT IN MANUFACTURING MARKET DRIVERS 162
9.2.2 ON-PREMISES: COVID-19 IMPACT 162
TABLE 87 ON-PREMISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 163
TABLE 88 ON-PREMISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 163
9.3 CLOUD 163
9.3.1 CLOUD: IOT IN MANUFACTURING MARKET DRIVERS 164
9.3.2 CLOUD: COVID-19 IMPACT 164
TABLE 89 CLOUD: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 164
TABLE 90 CLOUD: IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 164
10 IOT IN MANUFACTURING MARKET, BY ORGANIZATION SIZE 165
10.1 INTRODUCTION 166
FIGURE 36 SMALL AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 166
TABLE 91 IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE,
2016–2020 (USD MILLION) 166
TABLE 92 IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE,
2021–2026 (USD MILLION) 167
10.2 LARGE ENTERPRISES 167
10.2.1 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET DRIVERS 167
10.2.2 LARGE ENTERPRISES: COVID-19 IMPACT 168
TABLE 93 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 168
TABLE 94 LARGE ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 168
10.3 SMALL AND MEDIUM-SIZED ENTERPRISES 169
10.3.1 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET DRIVERS 169
10.3.2 SMALL AND MEDIUM-SIZED ENTERPRISES: COVID-19 IMPACT 169
TABLE 95 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 169
TABLE 96 SMALL AND MEDIUM-SIZED ENTERPRISES: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 170
11 IOT IN MANUFACTURING MARKET, BY APPLICATION 171
11.1 INTRODUCTION 172
FIGURE 37 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 172
TABLE 97 IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION) 172
TABLE 98 IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 173
11.1.1 APPLICATIONS: COVID-19 IMPACT 173
11.2 PREDICTIVE MAINTENANCE 174
11.2.1 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET DRIVERS 174
TABLE 99 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 174
TABLE 100 PREDICTIVE MAINTENANCE: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 175
11.3 BUSINESS PROCESS OPTIMIZATION 175
11.3.1 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET DRIVERS 175
TABLE 101 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 176
TABLE 102 BUSINESS PROCESS OPTIMIZATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 176
11.4 ASSET TRACKING AND MANAGEMENT 176
11.4.1 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 177
TABLE 103 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 177
TABLE 104 ASSET TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 177
11.5 LOGISTICS AND SUPPLY CHAIN MANAGEMENT 178
11.5.1 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 178
TABLE 105 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 178
TABLE 106 LOGISTICS AND SUPPLY CHAIN MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 179
11.6 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT 179
11.6.1 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 179
TABLE 107 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 180
TABLE 108 REAL-TIME WORKFORCE TRACKING AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 180
11.7 AUTOMATION CONTROL AND MANAGEMENT 180
11.7.1 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET DRIVERS 181
TABLE 109 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 181
TABLE 110 AUTOMATION CONTROL AND MANAGEMENT: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 181
11.8 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION 182
11.8.1 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET DRIVERS 182
TABLE 111 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 182
TABLE 112 EMERGENCY AND INCIDENT MANAGEMENT, AND BUSINESS COMMUNICATION: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 183
12 IOT IN MANUFACTURING MARKET, BY VERTICAL 184
12.1 INTRODUCTION 185
FIGURE 38 DISCRETE MANUFACTURING SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD 185
TABLE 113 IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2016–2020 (USD MILLION) 185
TABLE 114 IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 185
12.1.1 VERTICALS: COVID-19 IMPACT 186
12.2 PROCESS MANUFACTURING 186
12.2.1 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET DRIVERS 186
12.2.2 PROCESS MANUFACTURING: COVID-19 IMPACT 187
TABLE 115 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 187
TABLE 116 PROCESS MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 188
12.2.3 ENERGY AND UTILITIES 188
12.2.4 CHEMICALS AND MATERIALS 188
12.2.5 FOOD AND BEVERAGE 189
12.2.6 WATER AND WASTE MANAGEMENT 189
12.2.7 OTHER VERTICALS 189
12.3 DISCRETE MANUFACTURING 190
12.3.1 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET DRIVERS 190
12.3.2 DISCRETE MANUFACTURING: COVID-19 IMPACT 190
TABLE 117 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2016–2020 (USD MILLION) 190
TABLE 118 DISCRETE MANUFACTURING: IOT IN MANUFACTURING MARKET SIZE, BY REGION, 2021–2026 (USD MILLION) 191
12.3.3 AUTOMOTIVE 191
12.3.4 MACHINE MANUFACTURING 191
12.3.5 SEMICONDUCTOR AND ELECTRONICS 191
12.3.6 MEDICAL DEVICES 192
12.3.7 LOGISTICS AND TRANSPORTATION 192
13 IOT IN MANUFACTURING MARKET, BY REGION 193
13.1 INTRODUCTION 194
FIGURE 39 ASIA PACIFIC TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 194
TABLE 119 IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2016–2020 (USD MILLION) 194
TABLE 120 IOT IN MANUFACTURING MARKET SIZE, BY REGION,
2021–2026 (USD MILLION) 195
13.2 NORTH AMERICA 195
13.2.1 NORTH AMERICA: IOT IN MANUFACTURING MARKET REGULATORY IMPLICATIONS 195
13.2.2 NORTH AMERICA: COVID-19 IMPACT 196
FIGURE 40 NORTH AMERICA: MARKET SNAPSHOT 196
TABLE 121 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 197
TABLE 122 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 197
TABLE 123 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2016–2020 (USD MILLION) 197
TABLE 124 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2021–2026 (USD MILLION) 197
TABLE 125 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE, 2016–2020 (USD MILLION) 198
TABLE 126 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE, 2021–2026 (USD MILLION) 198
TABLE 127 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 198
TABLE 128 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 198
TABLE 129 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 199
TABLE 130 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 199
TABLE 131 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 199
TABLE 132 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 199
TABLE 133 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 200
TABLE 134 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 200
TABLE 135 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 200
TABLE 136 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 200
TABLE 137 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 201
TABLE 138 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 201
TABLE 139 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 201
TABLE 140 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 201
TABLE 141 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION) 202
TABLE 142 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 202
TABLE 143 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2016–2020 (USD MILLION) 202
TABLE 144 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2021–2026 (USD MILLION) 203
TABLE 145 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION) 203
TABLE 146 NORTH AMERICA: IOT IN MANUFACTURING MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION) 203
13.2.3 UNITED STATES 203
13.2.3.1 Presence of major IoT solutions providers and significant government support will drive the growth of IoT in manufacturing solutions 203
13.2.3.2 United States: IoT in manufacturing market drivers 204
TABLE 147 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2016–2020 (USD MILLION) 204
TABLE 148 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT, 2021–2026 (USD MILLION) 204
TABLE 149 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2016–2020 (USD MILLION) 204
TABLE 150 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION, 2021–2026 (USD MILLION) 205
TABLE 151 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 205
TABLE 152 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 205
TABLE 153 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 205
TABLE 154 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 206
TABLE 155 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 206
TABLE 156 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 206
TABLE 157 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 206
TABLE 158 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 207
TABLE 159 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 207
TABLE 160 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 207
TABLE 161 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 207
TABLE 162 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 208
TABLE 163 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 208
TABLE 164 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 208
TABLE 165 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 208
TABLE 166 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 209
TABLE 167 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION) 209
TABLE 168 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION) 209
TABLE 169 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2016–2020 (USD MILLION) 210
TABLE 170 UNITED STATES: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL, 2021–2026 (USD MILLION) 210
13.2.4 CANADA 210
13.2.4.1 Increasing investments for development and exponential rise in adoption of IoT in critical applications 210
13.2.4.2 Canada: IoT in manufacturing market drivers 210
TABLE 171 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2016–2020 (USD MILLION) 211
TABLE 172 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY COMPONENT,
2021–2026 (USD MILLION) 211
TABLE 173 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2016–2020 (USD MILLION) 211
TABLE 174 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SOLUTION,
2021–2026 (USD MILLION) 211
TABLE 175 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2016–2020 (USD MILLION) 212
TABLE 176 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SERVICE,
2021–2026 (USD MILLION) 212
TABLE 177 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2016–2020 (USD MILLION) 212
TABLE 178 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY PROFESSIONAL SERVICE, 2021–2026 (USD MILLION) 212
TABLE 179 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2016–2020 (USD MILLION) 213
TABLE 180 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT CONSULTING SERVICE, 2021–2026 (USD MILLION) 213
TABLE 181 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2016–2020 (USD MILLION) 213
TABLE 182 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY IOT INFRASTRUCTURE SERVICE, 2021–2026 (USD MILLION) 213
TABLE 183 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2016–2020 (USD MILLION) 214
TABLE 184 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY SYSTEM DESIGNING AND INTEGRATION SERVICE, 2021–2026 (USD MILLION) 214
TABLE 185 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2016–2020 (USD MILLION) 214
TABLE 186 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY MANAGED SERVICE, 2021–2026 (USD MILLION) 214
TABLE 187 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2016–2020 (USD MILLION) 215
TABLE 188 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY DEPLOYMENT MODE, 2021–2026 (USD MILLION) 215
TABLE 189 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2016–2020 (USD MILLION) 215
TABLE 190 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY ORGANIZATION SIZE, 2021–2026 (USD MILLION) 215
TABLE 191 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2016–2020 (USD MILLION) 216
TABLE 192 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY APPLICATION,
2021–2026 (USD MILLION) 216
TABLE 193 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2016–2020 (USD MILLION) 216
TABLE 194 CANADA: IOT IN MANUFACTURING MARKET SIZE, BY VERTICAL,
2021–2026 (USD MILLION) 217
MarketsandMarkets