Market Overview:
The global industrial platforms market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial platforms from various end-use industries, such as automotive, aerospace, power plants, oil and gas, and manufacturing. In addition, the growing demand for portable industrial platforms is also contributing to the growth of this market. Based on type, the global industrial platforms market can be segmented into fixed industrial platforms and portable industrial platforms. etc.).
Product Definition:
Industrial platforms are used to develop and deploy industrial applications. They provide a secure, reliable, and scalable foundation for deploying industrial applications. Industrial platforms help organizations improve efficiency, optimize operations, and reduce costs.
Fixed Industrial Platforms:
Fixed industrial platforms are used to transfer material from one location to another using a variety of mechanisms. These fixed industrial platforms are widely used in various industries such as automotive, food & beverage, and packaging among others. The growth factor for the market is increasing adoption of these systems across various industries due to benefits offered by them such as reduced labor cost and increased efficiency.
Portable Industrial Platforms:
Portable industrial platforms are used in industries such as oil & gas, mining, and construction. They are also used in the marine industry for offshore drilling purposes. These platforms can be moved from one place to another according to the need and location of work. They offer various advantages over traditional ways of working which has led to its increasing popularity among industries for carrying out work at height with safety measures being adhered to at all times.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing demand for passenger vehicles in emerging economies including China, India and Brazil. Portable industrial platforms are used in various applications such as assembly, painting, welding and grinding, coating and laminating on-site at automobile production facilities.
Aerospace is another key application sector that uses these portable platforms for assembling large aircraft components such as fuselage sections or landing gear systems on-site. These types of equipment are also used at airports where large aircraft operate from small airfields or unprepared strips due to limited space available near airports.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding industrial sector. China is projected to be a key contributor to regional growth owing to its large population coupled with rapid urbanization and growing per capita income levels.
The Middle East & Africa region is anticipated to witness significant growth over the next eight years owing to increasing oil production in countries such as Saudi Arabia, UAE, Iran, Nigeria etc., which will drive demand for industrial platforms across various industries including oil and gas exploration activities; refining; petrochemicals; power generation; etc. Furthermore, upcoming construction projects such as King Abdullah Economic City (KAEC) in Jeddah are expected to boost product demand from 2018-2022 periods.
North America accounted for more than 20% of revenue share in 2017 due primarily by U.S.
Growth Factors:
- Increasing demand from the automotive and transportation sector for advanced industrial platforms to manufacture vehicles and components.
- Growing demand for lightweight and fuel-efficient industrial platforms in the aerospace industry.
- Rising adoption of industrial platforms by small-and medium-sized enterprises (SMEs) due to their low cost and easy scalability.
- Proliferation of Industry 4.0 technologies that are driving the need for advanced industrial platforms with integrated sensors, communication modules, and controllers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Platforms Market Research Report
By Type
Fixed Industrial Platforms, Portable Industrial Platforms
By Application
Automotive, Aerospace, Power Plants, Oil and Gas, Manufacturing, Others
By Companies
WB Industries, MP Industries, Abtech, MiTek Mezzanine Systems, AK Material Handling Systems, FCP, WB Industries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Platforms Market Report Segments:
The global Industrial Platforms market is segmented on the basis of:
Types
Fixed Industrial Platforms, Portable Industrial Platforms
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Power Plants, Oil and Gas, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WB Industries
- MP Industries
- Abtech
- MiTek Mezzanine Systems
- AK Material Handling Systems
- FCP
- WB Industries
Highlights of The Industrial Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed Industrial Platforms
- Portable Industrial Platforms
- By Application:
- Automotive
- Aerospace
- Power Plants
- Oil and Gas
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial platforms are a type of web application that allow businesses to create and manage their own online presence. They provide a platform for companies to sell products and services, as well as connect with customers.
Some of the major companies in the industrial platforms market are WB Industries, MP Industries, Abtech, MiTek Mezzanine Systems, AK Material Handling Systems, FCP, WB Industries.
The industrial platforms market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Platforms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Platforms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Platforms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Platforms Market Size & Forecast, 2018-2028
4.5.1 Industrial Platforms Market Size and Y-o-Y Growth
4.5.2 Industrial Platforms Market Absolute $ Opportunity
Chapter 5 Global Industrial Platforms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Platforms Market Size Forecast by Type
5.2.1 Fixed Industrial Platforms
5.2.2 Portable Industrial Platforms
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Platforms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Platforms Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Power Plants
6.2.4 Oil and Gas
6.2.5 Manufacturing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Platforms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Platforms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Platforms Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Platforms Market Size Forecast by Type
9.6.1 Fixed Industrial Platforms
9.6.2 Portable Industrial Platforms
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Platforms Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Power Plants
9.10.4 Oil and Gas
9.10.5 Manufacturing
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Platforms Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Platforms Market Size Forecast by Type
10.6.1 Fixed Industrial Platforms
10.6.2 Portable Industrial Platforms
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Platforms Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Power Plants
10.10.4 Oil and Gas
10.10.5 Manufacturing
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Platforms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Platforms Market Size Forecast by Type
11.6.1 Fixed Industrial Platforms
11.6.2 Portable Industrial Platforms
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Platforms Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Power Plants
11.10.4 Oil and Gas
11.10.5 Manufacturing
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Platforms Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Platforms Market Size Forecast by Type
12.6.1 Fixed Industrial Platforms
12.6.2 Portable Industrial Platforms
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Platforms Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Power Plants
12.10.4 Oil and Gas
12.10.5 Manufacturing
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Platforms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Platforms Market Size Forecast by Type
13.6.1 Fixed Industrial Platforms
13.6.2 Portable Industrial Platforms
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Platforms Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Power Plants
13.10.4 Oil and Gas
13.10.5 Manufacturing
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Platforms Market: Competitive Dashboard
14.2 Global Industrial Platforms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WB Industries
14.3.2 MP Industries
14.3.3 Abtech
14.3.4 MiTek Mezzanine Systems
14.3.5 AK Material Handling Systems
14.3.6 FCP
14.3.7 WB Industries
