The Global Automotive Teleoperation in Industrial IIOT Market is expected to grow from USD 1.72 Billion in 2020 to USD 16.71 Billion by 2027, at a CAGR of 44.23% during the forecast period 2020-2027.
Teleoperation means remotely operated. The Automotive teleoperation using Industrial IIOT helps in improving the efficiency of the car manufacturing plant. The technology involves machine sensors, network communication, and communication between machines that are used with the analytics to create a smart environment that does not require manual operation. IIOT helps in connecting the organization with its supply chain parts and other manufacturing functions, and based on that, the organization plans their future work with the use of automation, information technology, etc. to improve their performance in producing world-class automobiles. The teleoperations in IIOT brings robotic applications in automotive manufacturing. Teleoperations in the automotive industry are used, for instance, industrial robot work and check the proper installation of things in an automotive manufacturing plant. The laser and the camera gives the instant feedback. The checking of installation of door panels, windshields are more accurate with robotic vision. These robots are also involved in welding of heavy and lighter body parts. Also, the collaborative robots work together with other robots on assembly lines. The painting jobs, the part transfer, the removal of heavy body parts, which could be very difficult for manpower, can be consistently done by the robots. They are also helpful for internal logistics. For instance, the Ford Motor Co. stopped the manual process and recently taken Autonomous Mobile robots from MIR for the distribution of needed industrial materials to robot stations on the factory floor. The integration of IIOT in the automotive sector has enhanced the performance of automotive manufacturing plant. The production will be much more efficient and faster, meeting the demand of the customer at the right time in the right place. This also help in forecasting the demand, changes in demand, the spare parts, semi-finished parts, and the finished parts present in the warehouse, and based on data on how to work for better result. Such important factors are naturally going to drive the Automotive Teleoperation in Industrial IIOT market. The teleoperation using robotics also plays an important part, which is like checking the properness of installation and quality of body parts, the extensive labor job can be easily done by these robotic arms in the most skillful way like painting, sealing, and coating. The replacement of heavy body parts can also be easily done, and this also drives this market. However, the absence of basic infrastructure in the emerging economies hinders automotive teleoperation in the industrial IIOT market.
The market has been segmented on the basis of type and regions. The type segment includes wired and wireless. The wireless segment held the largest market share of 86.96% in 2020. This is due to the increase in the adoption of IIOT. The wireless network provides mobility and scalability. The global automotive teleoperation in the industrial IIOT market has been divided into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America held the largest market share of 45.87% in 2020, owing to better infrastructure and availability of the most advanced technology.
The market for global automotive teleoperation in the Industrial Internet of Things (IIoT) market is segmented into key players. Major players include Microsoft, Google, Oracle, Apple, Verizon, ARM HOLDINGS, Jasper Technologies Inc. (Cisco), Echelon, and others.
This study forecasts revenue growth at global, regional, and country levels from 2020 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:
Chapter 1 Introduction
1.1 Objective Of The Study
1.2 Market Definition
1.3 Research Scope
1.4 Currency and Year Consideration
Chapter 2 Research Methodology and Assumptions
2.1 Research Methodology
2.2 FMR Desk Research
2.2.1 FMR Data Synthesis
2.2.2 Data Validation And Market Feedback
2.2.3 FMR Data Sources
Chapter 3 Executive Summary
3.1 Global Automotive Teleoperation in Industrial Internet of Things (IIoT) Market Revenue by Type
3.2 Global Automotive Teleoperation in Industrial Internet of Things (IIoT) Market Regional Share
Chapter 4 Premium Insights
4.1 Top Investment Pockets
4.1.1 Market Attractiveness Analysis By Type
4.1.2 Market Attractiveness Analysis By Region
4.2 Porter’s Five Forces Analysis
4.3 PESTEL Analysis
4.4 Industry SWOT Analysis
4.5 Industry Trends
Chapter 5 Market Dynamics
5.1 Market Evaluation
5.2.1 IIoT Permits Enhanced Customer Satisfaction
5.2.2 Improves Facility Management
5.3.1 Improper Infrastructure of Technology
5.4.1 Rising Production of the Vehicles Which Will Positively Impact the GDP of the Countries
5.5.1 Lack Of Skilled Expertise
Chapter 6 Global Automotive Teleoperation in Industrial Internet of Things (IIoT) Market Analysis And Forecast, By Type
6.1 Segment Overview
Chapter 7 Global Automotive Teleoperation in Industrial Internet of Things (IIoT) Market Analysis And Forecast, By Regional Analysis
7.2 North America
7.4 Asia Pacific
7.5 South America
7.6 Middle East and Africa
Chapter 8 Company Profiles
8.1.1 Global Automotive Teleoperation in Industrial Internet of Things (IIoT) Market Company Share (2020)
8.2 Verizon Communications Inc.
8.2.1 Company Snapshot
8.2.2 Business Overview
8.2.3 Company Market Share Analysis
8.2.4 Representative Verizon Communications Inc. Product
8.2.5 Recent Development
8.2.6 SWOT Analysis
8.3 ARM Holdings
8.3.1 Company Snapshot
8.3.2 Business Overview
8.3.3 Representative Dana Corporation Product
8.3.4 Recent Development
8.3.5 SWOT Analysis
8.4 Jasper Technologies Inc. (CISCO)
8.4.1 Company Snapshot
8.4.2 Business Overview
8.4.3 Representative Jasper Technologies, Inc. Product
8.4.4 SWOT Analysis
8.5.1 Company Snapshot
8.5.2 Business Overview
8.5.3 Company Market Share Analysis
8.5.4 Representative Echelon Corporation Product
8.5.5 Recent Development
8.5.6 SWOT Analysis
8.6.1 MICROSOFT Company Snapshot
8.6.2 Business Overview
8.6.3 Company Market Share Analysis
8.6.4 Representative Automotive Teleoperation in Industrial IIoT Service of MICROSOFT
8.6.5 Recent Development
8.6.6 SWOT Analysis
8.7 Google LLC
8.7.1 Google LLC Company Snapshot
8.7.2 Business Overview
8.7.3 Company Market Share Analysis
8.7.4 Representative Automotive Teleoperation in Industrial IIoT Service of Google LLC
8.7.5 Recent Development
8.7.6 SWOT Analysis
8.8.1 ORACLE Company Snapshot
8.8.2 Business Overview
8.8.3 Company Market Share Analysis
8.8.4 Representative Automotive Teleoperation in Industrial IIoT Service of ORACLE
8.8.5 Recent Development
8.8.6 SWOT Analysis
8.9 APPLE INC
8.9.1 APPLE INC Company Snapshot
8.9.2 Business Overview
8.9.3 Company Market Share Analysis
8.9.4 Recent Development
8.9.5 SWOT Analysis
Chapter 9 Conclusion
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