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The Internet of Things (IoT) in Discrete Parts Manufacturing

Published By :

BCC Research

Published Date : Sep 2017

Category :

ICT

No. of Pages : 194 Pages


The global market for IoT discrete parts manufacturing was valued at $643.9 million in 2016. This market will grow from $862.6 million in 2017 to $2.8 billion by 2022 with a compound annual growth rate (CAGR) of 26.7% for the period of 2017-2022.
The software market will grow from $426.1 million in 2017 to $1.5 billion by 2022 with a CAGR of 28.9%.
The hardware market will grow from $365.0 million in 2017 to $1.1 billion by 2022 with a CAGR of 24.8%.
Table Table of Contents Contents ContentsContents Contents
Chapter 1: Introduction ......................................................................................... 1
Study Goals and Objectives........................................................................................................................... 1
Reasons for Doing This Study ........................................................................................................................ 1
Scope of Report ............................................................................................................................................. 2
Information Sources ...................................................................................................................................... 3
Methodology ................................................................................................................................................. 4
Product Breakdown ...................................................................................................................................... 4
Analysts Credentials ..................................................................................................................................... 5
Related BCC Research Reports...................................................................................................................... 5
Chapter 2: Summary and Highlights ....................................................................... 7
Chapter 3: IoT Market and Technology Background ............................................ 11
Discrete Parts Manufacturing Industry Trends ........................................................................................... 12
What is IoT? ................................................................................................................................................ 13
Things Gain Intelligence .............................................................................................................................. 14
The Need to Change .................................................................................................................................... 15
How IoT Benefits the Business .................................................................................................................... 15
Going Beyond Machine-to-Machine Communication ................................................................................ 16
How Does It Work? ..................................................................................................................................... 17
Design Options ............................................................................................................................................ 18
Fitting the Pieces Together ......................................................................................................................... 18
Getting a Fresh Start ................................................................................................................................... 20
Industrial IoT Applications Have Business Value ........................................................................................ 21
What Has Driven Manufacturing? .............................................................................................................. 23
Facing IoT Challenges .................................................................................................................................. 24
Shortcomings with Legacy Systems ............................................................................................................ 25
Revamping Business Processes ................................................................................................................... 26
A Variety of Devices .................................................................................................................................... 26
Embedded System Challenges .................................................................................................................... 27
Getting Everything into Harmony ............................................................................................................... 28
System Limitations ...................................................................................................................................... 29
A Complex System....................................................................................................................................... 29
The Network Architecture .......................................................................................................................... 30
The Need for a Central Platform ................................................................................................................. 31
Security Challenges Arise ............................................................................................................................ 32
A High Level of Commitment Is Required ................................................................................................... 34
The Need for Standards .............................................................................................................................. 34
Many Different Considerations ................................................................................................................... 35
Meeting the Network Needs ...................................................................................................................... 36
IoT Standards Organizations ....................................................................................................................... 37
Association for Advancing Automation ................................................................................................... 38
Association for Manufacturing Technology ............................................................................................ 38
American National Standards Institute ................................................................................................... 39
Association for Packaging and Processing Technology ........................................................................... 39
AVnu Alliance .......................................................................................................................................... 39
Embedded Linux and Android Alliance ................................................................................................... 40
International Electrotechnical Commission ............................................................................................ 41
Industrial Internet Consortium ................................................................................................................ 41
International Society of Automation ....................................................................................................... 42
International Standards Organization ..................................................................................................... 42
Modelica Association .............................................................................................................................. 42
MTConnect Institute................................................................................................................................ 43
National Institute of Standards and Technology ..................................................................................... 43
Organization for the Advancement of Structure Information Standards ............................................... 44
Organization for Machine Automation and Control ............................................................................... 44
Object Management Group .................................................................................................................... 44
OPC Foundation....................................................................................................................................... 45
OPX Leadership Foundation .................................................................................................................... 45
PLCopen ................................................................................................................................................... 45
RAIN RFID ................................................................................................................................................ 46
Devising a Plan ............................................................................................................................................ 46
A Change in Thinking ................................................................................................................................... 47
Finding a Use Case ...................................................................................................................................... 48
IoT Application Categories .......................................................................................................................... 49
The IoT Difference ....................................................................................................................................... 50
The Connected Supply Chain ...................................................................................................................... 50
IoT Applications in Action ........................................................................................................................... 52
Chapter 4: IoT Software Market .......................................................................... 55
The Emergence of IoT Platforms ................................................................................................................. 56
How IoT Benefits Business ...................................................................................................................... 57
Striving for the Ultimate Goal ................................................................................................................. 57
The Need for Developer Talent ............................................................................................................... 58
Reducing Risk ........................................................................................................................................... 59
Big Data Becomes a Big Force ..................................................................................................................... 64
Big Data Challenges ................................................................................................................................. 65
Traditional Tools Fail ............................................................................................................................... 65
Volume, Variety, Velocity and Variability Define Big Data ...................................................................... 66
Making the Right Connection .................................................................................................................. 67
The Need for Master Data Management ................................................................................................ 67
Big Datas Many Management Challenges .............................................................................................. 68
Mining for Gold ....................................................................................................................................... 69
Truth or Dare ........................................................................................................................................... 69
What Is Happening Now? ........................................................................................................................ 71
Diving Deeper into the Data .................................................................................................................... 71
An Incomplete Picture ............................................................................................................................. 72
Parallel Structure ..................................................................................................................................... 73
The Need for Speed ................................................................................................................................. 74
Aggregation Needed ................................................................................................................................ 74
Working with Large Data Sets ................................................................................................................. 75
Integrating Data from Multiple Sources .................................................................................................. 76
Automating the Collection of Data .......................................................................................................... 77
Analyzing Data and Identifying Actionable Insights ................................................................................ 78
The Growing Importance of Analytics ..................................................................................................... 78
Making the Right Connection .................................................................................................................. 79
Finding the Right Rule ............................................................................................................................. 80
Examining All Options ............................................................................................................................. 80
Dynamic Case Management Capabilities ................................................................................................ 81
Sensing Big Changes ................................................................................................................................ 82
The Potential of Edge Data ...................................................................................................................... 83
Edge Datas Many Uses ........................................................................................................................... 84
Predictive Analytics Tremendous Potential ........................................................................................... 85
Security Softwares Growing Importance ................................................................................................... 90
Why IoT Devices are Insecure ................................................................................................................. 91
Building Security from the Ground Up .................................................................................................... 92
Installing Barriers in Place ....................................................................................................................... 93
Security Becomes More Complex ........................................................................................................... 94
The Importance of Application-level Security ......................................................................................... 94
The Need for Specialization ..................................................................................................................... 95
Chapter 5: IoT Hardware .................................................................................... 101
Gaining Needed Visibility .......................................................................................................................... 101
New Hardware Directions ......................................................................................................................... 102
The Impact of Globalization ...................................................................................................................... 103
The Role of Embedded Systems ................................................................................................................ 104
Sensors Take Center Stage ........................................................................................................................ 105
Distributed Control Systems ..................................................................................................................... 109
The Changing Plant Floor ...................................................................................................................... 110
The Latest DSC Developments .............................................................................................................. 111
Programmable Logic Controllers .............................................................................................................. 116
PLC Functionality ................................................................................................................................... 117
PLC Advances ......................................................................................................................................... 118
Next Generation PLCs ............................................................................................................................ 119
PLC Improvements ................................................................................................................................ 120
Chapter 6: IoT Networking ................................................................................. 126
Fieldbus, First Generation Industrial Networking ..................................................................................... 127
Ethernets Legacy ...................................................................................................................................... 129
Ethernet in the Factory ............................................................................................................................. 130
EtherNet/IPs Benefit ................................................................................................................................ 131
Seeing Stars ............................................................................................................................................... 133
Meeting I/O Challenges ............................................................................................................................ 133
Monitoring Ethernet Connections ............................................................................................................ 134
Simplifying Configurations ........................................................................................................................ 136
Network Optimization ........................................................................................................................... 136
Looking Ahead ....................................................................................................................................... 137
The Impact of Wireless Network Connections ......................................................................................... 141
Wi-Fi, a Popular Networking Option ......................................................................................................... 141
The HaLow Effect ...................................................................................................................................... 142
Li-Fi Versus Wi-Fi ....................................................................................................................................... 142
Bluetooth 5.0 ............................................................................................................................................ 143
Low on Bandwidth ................................................................................................................................. 144
Near Field Communications ...................................................................................................................... 144
SigFox ........................................................................................................................................................ 146
Chapter 7: Company Profiles ............................................................................. 152
About BCC Research ......................................................................................... 206
About BCC Research.................................................................................................................................. 207
BCC Membership ...................................................................................................................................... 207
BCC Custom Research ............................................................................................................................... 207

List of Table

List of Tables
Summary Table: Global Market for IoT Discrete Parts Manufacturing, by Type, Through 2022 ($ Millions) ........................................................................................................................................................ 8
Table 1 Internet of Things System Benefits ............................................................................................... 13
Table 2 IoT Standards Bodies ...................................................................................................................... 37
Table 3 Global Market for IoT Discrete Parts Software, by Type, Through 2022 ($ Millions) ................... 56
Table 4 Global Market for IoT Discrete Parts Software, by Industry, Through 2022 ($ Millions) ............ 61
Table 5 Top Five IoT Discrete Parts Software Platform Suppliers, 2017 ($ Millions/%) ........................... 61
Table 6 Top Five IoT Discrete Parts Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................... 62
Table 7 Top Five IoT Discrete Parts Software Platform Suppliers for Electronics and Computers, 2017 ($ Millions/%) .................................................................................................................................................. 62
Table 8 Top Five IoT Discrete Parts Software Platform Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 63
Table 9 Top Five IoT Discrete Parts Software Platform Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................... 63
Table 10 Top Five IoT Discrete Parts Software Platform Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................... 64
Table 11 The Changing Data Management Platform .................................................................................. 65
Table 12 The Big Data Ecosystem .............................................................................................................. 66
Table 13 Global Market for IoT Discrete Parts Big Data Software, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................... 87
Table 14 Top Five IoT Discrete Parts Big Data Software Suppliers, 2017 ($ Millions/%) .......................... 87
Table 15 Top Five IoT Discrete Parts Big Data Software Platform Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .......................................................................................................... 88
Table 16 Top Five IoT Discrete Parts Big Data Software Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................................................. 88
Table 17 Top Five IoT Discrete Parts Big Data Software Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 89
Table 18 Top Five IoT Discrete Parts Big Data Software Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................................... 89
Table 19 Top Five IoT Discrete Parts Big Data Software Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) ................................................................................................................................... 90
Table 20 Global Market for IoT Discrete Parts Security Solutions, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................... 96
Table 21 Top Five IoT Discrete Parts Security Solutions Suppliers, 2017 ($ Millions/%) .......................... 96
Table 22 Top Five IoT Discrete Parts Security Solution Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................... 97
Table 23 Top Five IoT Discrete Parts Security Solutions Suppliers, for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................................................. 97
Table 24 Top Five IoT Discrete Parts Security Solutions Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................. 98
Table 25 Top Five IoT Discrete Parts Security Solutions Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................... 98
Table 26 Top Five IoT Discrete Parts Security Solutions Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................... 99
Table 27 Global Market for IoT Discrete Parts Hardware, by Application, Through 2022 ($ Millions) . 104
Table 28 Global Market for IoT Discrete Parts Sensors, by Industry, Through 2022 ($ Millions) ........... 106
Table 29 Top Five IoT Discrete Parts Sensor Suppliers, 2017 ($ Millions/%) .......................................... 106
Table 30 Top Five IoT Discrete Parts Sensor Suppliers for Automotive and Transportation, 2017 ($ Millions/%) ................................................................................................................................................ 107
Table 31 Top Five IoT Discrete Parts Sensor Suppliers for Electronics and Computers, 2017 ($ Millions/%) ................................................................................................................................................ 107
Table 32 Top Five IoT Discrete Parts Sensor Suppliers for Consumer Goods, 2017 ($ Millions/%) ........ 108
Table 33 Top Five IoT Discrete Parts Sensor Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................................................ 108
Table 34 Top Five IoT Discrete Parts Sensor Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) ................................................................................................................................................ 109
Table 35 Global Market for IoT Discrete Parts Distributed Control System, by Industry, Through 2022 ($ Millions) .................................................................................................................................................... 112
Table 36 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%) ......... 113
Table 37 Top Five IoT Discrete Parts Distributed Control System Suppliers, 2017 ($ Millions/%) ......... 113
Table 38 Top Five IoT Discrete Parts Distributed Control System Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................. 114
Table 39 Top Five IoT Discrete Parts Distributed Control System Suppliers for Consumer Goods, 2017 ($ Millions/%) ................................................................................................................................................ 114
Table 40 Top Five IoT Discrete Parts Distributed Control System Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ................................................................................................................... 115
Table 41 Top Five IoT Discrete Parts Distributed Control System Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .............................................................................................................. 115
Table 42 Global Market for IoT Discrete Parts Programmable Logic Controller, by Industry, Through 2022 ($ Millions) ................................................................................................................................................ 121
Table 43 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers, 2017 ($ Millions/%) ... 121
Table 44 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Automotive and Transportation, 2017 ($ Millions/%) ........................................................................................................ 122
Table 45 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Electronics and Computers, 2017 ($ Millions/%) .............................................................................................................. 122
Table 46 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................. 123
Table 47 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) ............................................................................................................ 123
Table 48 Top Five IoT Discrete Parts Programmable Logic Controller Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .............................................................................................................. 124
Table 49 Global Market for IoT Discrete Parts Network Equipment, by Type, Through 2022 ($ Millions) .................................................................................................................................................................. 126
Table 50 Fieldbus Designs ........................................................................................................................ 128
Table 51 EtherNet/IPs Potential Benefits ............................................................................................... 132
Table 52 Global Market for IoT Discrete Parts Wired Network, by Industry, Through 2022 ($ Millions) .................................................................................................................................................................. 137
Table 53 Top Five IoT Discrete Parts Wired Network Suppliers, 2017 ($ Millions/%) ............................ 138
Table 54 Top Five IoT Discrete Parts Wired Network Suppliers for Automotive and Transpiration, 2017 ($ Millions/%) ............................................................................................................................................ 138
Table 55 Top Five IoT Discrete Parts Wired Network Suppliers for Electronics and Computers, 2017 ($ Millions/%) ................................................................................................................................................ 139
Table 56 Top Five IoT Discrete Parts Wired Network Suppliers for Consumer Goods, 2017 ($ Millions/%) .................................................................................................................................................................. 139
Table 57 Top Five IoT Discrete Parts Wired Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................. 140
Table 58 Top Five IoT Discrete Parts Wired Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................. 140
Table 59 Global Market for IoT Discrete Parts Wireless Network Revenue, by Industry, Through 2022 ($ Millions) .................................................................................................................................................... 147
Table 60 Top Five IoT Discrete Parts Wireless Network Suppliers, 2017 ($ Millions/%) ........................ 147
Table 61 Top Five IoT Discrete Parts Wireless Network Suppliers for Automotive and Transportation, 2017 ($ Millions/%) .................................................................................................................................. 148
Table 62 Top Five IoT Discrete Parts Wireless Network Suppliers for Electronics and Computers, 2017 ($ Millions/%) ............................................................................................................................................ 148
Table 63 Top Five IoT Discrete Parts Wireless Network Suppliers for Consumer Goods, 2017 ($ Millions/%) ................................................................................................................................................ 149
Table 64 Top Five IoT Discrete Parts Wireless Network Suppliers for Aerospace, Aviation and Defense, 2017 ($ Millions/%) .................................................................................................................................. 149
Table 65 Top Five IoT Discrete Parts Wireless Network Suppliers for Machinery and Heavy Equipment, 2017 ($ Millions/%) .................................................................................................................................. 150

List of Chart

List of Figures
Summary Figure: Global Market for IoT Discrete Parts Manufacturing, by Type, 2016-2022 ($ Millions) 9
Figure 1 Ethernet Layers ........................................................................................................................... 135

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