IoT in Chemical Industry Market - Adoption of IoT Technology Drives Demands by 2030

Market Industry Reports (MIR) has published a new report titled “IoT in Chemical Industry Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global IoT in chemical industry market is estimated to be over US$ 39 Bn in 2018. It is anticipated to grow at a healthy CAGR from 2019 to 2030.
Prominent Players in the Global IoT in Chemical Industry Market:

The prominent players in the global IoT in chemical industry market are Siemens, GENERAL ELECTRIC, ABB, Emerson Electric Co., Honeywell International Inc, Schneider Electric, Yokogawa Electric Corporation, Rockwell Automation, Inc., FANUC America Corporation, Cisco Systems, Inc. among others.

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IoT has substantial impact on chemical industry. Growing research and development in the domain is helping technological innovations, which eventually supports in new launches and solutions by the industry. IoT is the base for machine learning for asset management and production. It also helps the chemical industries to streamline and enhance their supply. This is done with the help of advanced analytics for decision-making. Chemical industries can hence improve accuracy and achieve remarkable success.

READ MORE @ http://www.sbwire.com/press-releases/iot-in-chemical-industry-market-overview-and-forecast-2030-research-key-players-siemens-general-electric-abb-emerson-electric-co-1282052.htm

 Market Segmentation:

IoT in Chemical Industry by Process Segmentation:

Manufacturing,
Packaging and
Research & Development (R&D)

Chemical Industry Vertical Segmentation:

Petrochemicals & Polymers,
Fertilizers & Agrochemicals and
Specialty Chemicals

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About Market Industry Reports
Market Industry Reports is a global leader in market measurement and advisory services. It is a 100% subsidiary of ExlTech. The firm has always been at the forefront of innovations to address worldwide industry trends and opportunities. We offer our clients a unique depth of market intelligence in an actionable format to move their business forward. Our analysis incorporates consumer study in more than 100 countries, providing a tactical approach to drive sustained business growth. We continue to pioneer state-of-the-art approach in research & analysis that will help you to overcome complexities and stay ahead of the curve.

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