NR2379

NEWS RELEASE                                                                                         January 2018

Detailed Forecasting of IIoT by Country and Company in the IIoT and Remote O&M Report

IIoT interconnects small things and not just large ones. Likewise, the market forecasting for IIoT should be Just as prolific. This has been accomplished in a continually updated report from McIlvaine.

The latest forecasts for all the IIoT components: guide, control and measure are now posted in the IIoT and Remote O&M report. Measure is further segmented into air/gases, liquids and free flowing powders.

There are 80 country and sub region forecasts for 14 industries for 7 years = 7840 on measure. There are four other product categories bringing the total number of continually updated forecasts to 40,000. 

                        Chemical – Measure – Liquids - $ millions
Country 2016 2017 2018 2019 2020 2021 2022
United States 383.50 395.40 407.65 432.90 459.32 486.96 520.48
Canada 23.27 23.85 24.46 25.88 27.38 28.97 30.66
Mexico 14.09 14.71 15.37 16.55 17.84 19.22 20.45
Argentina 9.83 10.18 10.53 11.23 11.99 12.79 13.46
Brazil 107.65 114.53 121.98 133.93 147.07 161.52 162.82

The updates to the report will soon provide forecasts for all the major purchasers.

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For more information on IIoT and Remote O&M click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/106-n031