The global market for Enterprise Manufacturing Intelligence is estimated at US$4.2 Billion in 2023 and is projected to reach US$12.4 Billion by 2030, growing at a CAGR of 16.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Enterprise Manufacturing Intelligence market is driven by several factors, including the need for greater operational visibility, increased emphasis on regulatory compliance, and a stronger focus on reducing production costs while improving quality. Technological advancements in data processing and analytics play a significant role, as they enhance the capabilities of EMI systems to handle large datasets and perform complex analyses more efficiently. The manufacturing sector`s ongoing efforts to improve energy efficiency and reduce waste are also significant drivers, as EMI enables better tracking and management of resources. Additionally, consumer behavior has shifted towards customized products, which demands more flexibility in manufacturing operations and quicker turnarounds, areas where EMI can provide substantial benefits. Lastly, as global competition intensifies, manufacturers are compelled to adopt sophisticated technologies like EMI to maintain a competitive edge, further stimulating market growth and technological advancement in this field.
The growth in the Enterprise Manufacturing Intelligence market is driven by several factors, including the need for greater operational visibility, increased emphasis on regulatory compliance, and a stronger focus on reducing production costs while improving quality. Technological advancements in data processing and analytics play a significant role, as they enhance the capabilities of EMI systems to handle large datasets and perform complex analyses more efficiently. The manufacturing sector`s ongoing efforts to improve energy efficiency and reduce waste are also significant drivers, as EMI enables better tracking and management of resources. Additionally, consumer behavior has shifted towards customized products, which demands more flexibility in manufacturing operations and quicker turnarounds, areas where EMI can provide substantial benefits. Lastly, as global competition intensifies, manufacturers are compelled to adopt sophisticated technologies like EMI to maintain a competitive edge, further stimulating market growth and technological advancement in this field.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Embedded Enterprise Manufacturing Intelligence segment, which is expected to reach US$9.5 Billion by 2030 with a CAGR of a 17.2%. The Standalone Enterprise Manufacturing Intelligence segment is also set to grow at 14.9% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.1 Billion in 2023, and China, forecasted to grow at an impressive 18.9% CAGR to reach $1.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Enterprise Manufacturing Intelligence Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Enterprise Manufacturing Intelligence Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Enterprise Manufacturing Intelligence Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Honeywell International, Inc., ABB Ltd., General Electric Company, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 30 Featured):
- Honeywell International, Inc.
- ABB Ltd.
- General Electric Company
- Rockwell Automation, Inc.
- Honeywell Process Solutions (HPS)
- Epicor Software Corporation
- ICONICS, Inc.
- Plex Systems, Inc.
- Maverick Technologies
- Ordinal Software
- Aveva Group PLC
- Northwest Analytics, Inc. (NWA)
- Parsec Automation Corp.
- Prevas AB
- AMETEK Spectro Scientific
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned
- Honeywell International, Inc.
- ABB Ltd.
- General Electric Company
- Rockwell Automation, Inc.
- Honeywell Process Solutions (HPS)
- Epicor Software Corporation
- ICONICS, Inc.
- Plex Systems, Inc.
- Maverick Technologies
- Ordinal Software
- Aveva Group PLC
- Northwest Analytics, Inc. (NWA)
- Parsec Automation Corp.
- Prevas AB
- AMETEK Spectro Scientific
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 302 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 4.2 Billion |
| Forecasted Market Value ( USD | $ 12.4 Billion |
| Compound Annual Growth Rate | 16.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
