Dublin, June 20, 2023 (GLOBE NEWSWIRE) — The “Enterprise Manufacturing Intelligence: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Enterprise Manufacturing Intelligence estimated at US$3.4 Billion in the year 2022, is projected to reach a revised size of US$11.4 Billion by 2030, growing at a CAGR of 16.5% over the analysis period 2022-2030.
Embedded, one of the segments analyzed in the report, is projected to record 17.1% CAGR and reach US$8.8 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Standalone segment is readjusted to a revised 14.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $972.1 Million, While China is Forecast to Grow at 18.9% CAGR
The Enterprise Manufacturing Intelligence market in the U.S. is estimated at US$972.1 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17% and 15.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 16.8% CAGR.
Select Competitors (Total 30 Featured) –
- ABB Ltd.
- Acumence Inc.
- Aegis Industrial Software Corporation
- Aspen Technology, Inc.
- Aveva Group Plc
- Dassault Systemes (France)
- Emerson Electric Co.
- Epicor Software Corporation
- General Electric Company
- Honeywell International Inc.
- Hewlett Packard Enterprise Development LP
- Iconics Inc.
- Oracle Corporation
- Parsec Automation Corp
- Rockwell Automation, Inc.
- SAP SE
- Siemens AG
- Yokogawa Electric Corp.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 302 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $3.4 Billion |
| Forecasted Market Value (USD) by 2030 | $11.4 Billion |
| Compound Annual Growth Rate | 16.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Impact of Covid-19 and a Looming Global Recession
- Manufacturing Intelligence: An Introduction
- Enterprise Manufacturing Intelligence (EMI): A Prelude
- The Technology
- Functions of EMI
- Benefits of Implementing EMI
- Embedded EMI Deployment Type
- Enterprise Manufacturing Intelligence Software
- Applications of EMI Software
- Key End-Use Industries of EMI
- Automotive
- Oil & Gas
- Pharmaceutical
- EMI Redraws Manufacturing Landscape
- Enterprise Manufacturing Intelligence: Industry Overview
- Global EMI Market Exhibits Healthy Growth
- Automotive: The Dominant and Fastest Growing End-Use Industry
- United States Commands Global Market
- Competitive Scenario
- Enterprise Manufacturing Intelligence – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- EMI Solutions Garner Notable Attention in Process & Discrete Industries
- Digitization and Industry 4.0 Favor Manufacturing Intelligence
- Opportunities in IIoT
- Growing Investments in IoT by Manufacturing Firms Favors EMI Adoption: Global Investments in Industrial IoT (IIoT) Platforms (In US$ Million) for the Years 2018, 2020, 2022 and 2025
- Major Industry 4.0 Technologies (2020E): Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines
- IIoT-Driven Manufacturing Intelligence Optimizes Manufacturing Performance
- Primary Drivers of Global EMI Market
- Implementation of Lean Manufacturing Practices
- Growing Adoption of Integrated Solutions
- More Focus on Informed Decision Making
- Need to Overcome Performance Variability
- Increasing Adoption of Cloud-based EMI Solutions
- Global Public Cloud Computing Market (in US$ Billion) by Segment for the Years 2018E, 2022F and 2024F
- Adoption of Big Data Analytics and Cloud Software to Impel EMI Market
- Global Market for Data Analytics (In US$ Billion) by Type for the Years 2018 and 2023
- Global Adoption Rates (in %) of Big Data Technologies by Industry (2019E)
- Enterprises Tap into AI to Achieve Manufacturing Intelligence
- Ensures Seamless Operations
- Enhances Predictive Quality
- Cost Optimization
- A Glance at Some Major Technologies Facilitating AI Adoption in Manufacturing Sector
- Global Cognitive and AI Technology Market by Component (2019E): Percentage Breakdown of Spending for Hardware, Services and Software
- Emergence of Manufacturing Intelligence as Business-Critical Tool
- Manufacturing Intelligence Enables KPIs and New Metrics
- Overall Throughput Effectiveness
- Manufacturing Cycle Time
- Overall Equipment Effectiveness
- Perfect Order Performance
- Production Yield Rate
- Return Material Authorizations
- Progress in Business Analytics Fuels Adoption of Manufacturing Business Intelligence
- Enterprise Manufacturing Intelligence for Pharmaceutical Industry
- Manufacturing Intelligence Makes Food Manufacturing Units More Efficient
- Resolving Prevailing Challenges: Critical for Future Success of the Market
- Manufacturing Intelligence for Regulatory Compliance
- ISA5.1-2009 Instrumentation Symbols and Identification
- ISA-95 Announces Plans to Extend Enterprise-Control System Integration Series
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9sl3e3
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- Global Market for Enterprise Manufacturing Intelligence
