A close look at Industrial IoT Solutions and technology.
From corporate key players to the patent landscape and emerging startup technology.
A LOOK AT TECHNOLOGY CATEGORIES TRENDING WITHIN THE INDUSTRIAL IoT SPACE
A look at more than 80,000 data sources to identify the top categories in the Industrial IoT solutions worldwide.
WHAT’S TRENDING
- Industrial IoT Security
- IoT Devices
- Industrial Communications
- Industrial Controls
- Things Services
- Industrial Machine
- IoT Data
- Industrial Management
- Wireless Industrial
CORPORATE
KEY PLAYERS
- ABB
- Siemens AG
- General Electric
- Orange Group
- Honeywell
- Infineon Technologies
- Nokia Inc.
- IBM
- Schneider Electric
- Ericsson AB
Industrial IoT Evolution
A look at how Industrial IoT technology has evolved year-over-year.
2019 big boom. What does the data show?
- Startups make up more than 2.5x Industrial IoT emerging technology entities.
- Grants doubled from the prior year (2018).
- U.S. data sources double for Industrial IoT.
- India doubles in data sources with Universities, Research Labs and startups showing significant increases.
- UK shows significant growth.
Industrial IoT Technology Market Transition
- Market transition from University to Small Company / Startup in 2016.
- Emerging technology resides greater within the startup/small company space.
- Start up space will even out with large corporations as the product becomes more commercialized and M&A are developed over the next few years.
The U.S. Leads The Industrial IoT Emerging Technology Market
The U.S. dominates the Industrial IoT Solutions Market due to the location of the majority of the key market players and, having been an early adopter of IoT. Germany and the UK are the next in line but still have a long way to go to catch up with the U.S.
The German industrial IoT market is expected to more than double in the five years between 2017 and 2022 to generate a turnover of around 16.8 billion Euros.
Germany and the UK are close in market positioning today. Their strength, similar to the U.S. is in their startup technology space.
INDUSTRIAL IoT SOLUTIONS
THE TECHNOLOGY
DRILL-DOWN
“WIRELESS MONITORING” TECHNOLOGY
“Massive return on investments, and promising growth potential is attracting new players to enter the global vibration sensor market. Also, the rising application of the sensors in manufacturing and automotive industry is further opening the doors of opportunities for the players between 2019 and 2027”
– Transparency Market Research.
KEY FINDINGS
- Industrial Internet of Things (IIoT) plays a major role in widespread acceptance of innovative vibration sensors across the globe.
- Accelerometers are the highest grossing sensors in the market between 2019 and 2027. This is due to the growth in the number of vehicles around the globe.
- Automotive industry shall emerge as the largest user under end-users category due to its implementation of vibration sensors in applications like engine monitoring system, compartment vibration monitoring, and suspension management system. Due to these use-cases, the automotive industry is expected to emerge as the dominant industry in global vibration sensor market.
VIBRATION SENSOR MARKET
The global vibration sensor market is massively driven by the development and evolution of Internet of Things in various business verticals.
WIRELESS SOLUTIONS
FOR MACHINERY ANALYSIS
Truly wireless.
Triaxial, temperature, full-spectrum waveform. Battery or mains powered.
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Benefits of Wireless Triaxial Vibration Sensors
Triaxial wireless vibration monitoring sensors give you three vibration monitoring sensors in one.
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All those points in one for what?
One sensor provides you with Horizontal, Vertical, and Axial position readings, and there is no need for cables. Sounds great! But why would you need this? What are the benefits to using wireless triaxial vibration sensors for vibration diagnostics?