DUBLIN--(BUSINESS WIRE)--The "Global IIoT Market in Automotive Industry 2017-2021" report has been added to Research and Markets' offering.
The global IIoT market in automotive industry is expected to grow at a CAGR of 33.48% during the period 2017-2021.
The report, Global IIoT Market in Automotive Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major drivers for this market is the decreasing cost of sensors. The higher demand for sensors has resulted in the sensor manufacturing companies lowering the price over the last two decades. The sensors are a crucial part of the IIoT systems in any industry. Sensors are embedded into devices and equipment, which can then interconnect with each other and streamline the workflow in a workplace to make it smooth and fast. The fall in the price of sensors is a benefit for the industries that have installed IIoT recently or are expected to do it during the forecast period. The reduction in the price of the sensors will bring down the cost of the overall IIoT offering. Considering the current scenario, where the number of established vendors in the global IIoT market in the automotive industry is growing, this cost reduction acts as a driver.
Other prominent vendors
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Application
Part 08: Market Segmentation By Solution
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/nztvkp/global_iiot