DUBLIN--(BUSINESS WIRE)--The "Vertical Market Spotlight - IoT in the US Manufacturing Industry, an End-User Perspective" report has been added to Research and Markets' offering.
This study is a culmination of efforts to better understand customers in manufacturing, and provide insights to vendors and service providers looking to sell IoT solutions to this industry. The survey covered 150 respondents in North America over process and discrete manufacturing, and includes breakdown by small, medium, and large manufacturers.
In the overall Internet of Things (IoT) market, industrial applications have gained the most traction as traditional systems are in need of automation to collect data and prevent downtime in systems. In the manufacturing sector, applications such as asset monitoring and supply chain or logistics are being implemented globally, as manufacturers seek improved operations and data collection. Connecting older machines would require investments in the millions. Most manufacturers amortize these machines over many years.
As the majority of manufacturers are small, with fewer than 500 employees, investment in redesigning factories or purchasing connected machines is not an option. However, these manufacturers are looking for low-cost solutions to collect data from machines, and are automating the process to reduce downtime and unplanned maintenance. Keeping these factors in mind, this study aims to understand customer motivations and purchasing behavior for IoT solutions in the manufacturing sector.
One key finding is that Smart IoT solutions are perceived mainly as a way to achieve operational efficiency, effectiveness, and overall competitiveness. Approximately 1 out of 2 companies is driven by a desire to be on the cutting edge of manufacturing technologies and to be more responsive to market conditions.
Key Topics Covered:
1. Executive Summary
2. Research Objectives And Methodology
3. The Growth And Cost Profile Of Organizations
4. Challenging Areas Of Manufacturing Operations
5. Familiarity With Smart IoT Solutions For Manufacturing
6. Drivers For Deployment Of Smart IoT Solutions In Organization
7. Deployment Of Smart IoT Solutions In An Organization
8. Post-Implementation Objectives
9. Level Of Satisfaction With Currently Deployed Smart IoT Solutions
10. Concerns Regarding Smart IoT Solutions
11. The Last Word - Expected Trends In Smart IoT Solutions For Manufacturing
12. Appendix
For more information about this report visit https://www.researchandmarkets.com/research/snf36t/vertical_market?w=4
