Dublin, Dec. 31, 2020 (GLOBE NEWSWIRE) -- The "Enterprise Manufacturing Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global enterprise manufacturing intelligence market grew at a CAGR of around 16% during 2014-2019. Looking forward, the global enterprise manufacturing intelligence market to continue its strong growth during the next five years.
Enterprise manufacturing intelligence (EMI) refers to a software-based application used for providing real-time information regarding various manufacturing processes. The software collects and presents manufacturing-related data, such as production costs, capacity, quality and availability of resources, to users.
The software is often used along with performance, plant and factory management software for data integration, aggregation, contextualization, management and visualization. This assists the businesses in optimizing performance and maximizing outputs. In comparison to the traditionally used systems, novel cloud- and big data-based EMI solutions provide more accurate key performance indicators, process verification and threshold analysis.
Increasing automation in the manufacturing sector, along with the rising need for enhanced operational excellence across industries, is one of the key factors driving the growth of the market. EMI systems are used across various industries, such as food and beverage, oil and gas and pharmaceutical, for monitoring manufacturing processes, minimizing production waste, analyzing manufacturing problems and combining operation data with enterprise resource planning (ERP) applications.
Furthermore, significant growth in the automotive industry is providing a boost to the market. EMI systems are used for supervising the assembly line and overcoming the challenges faced while designing, manufacturing and upgrading the traditional manufacturing processes. Various technological advancements, such as the integration of big data, artificial intelligence (AI) and Internet of Things (IoT)-based tools with EMI solutions, are acting as other growth-inducing factors.
These systems aid in identifying, analyzing and mitigating issues and faults in the manufacturing units and facilitate efficient data sharing between business units.
Key Questions Answered in This Report:
- How has the global enterprise manufacturing intelligence market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global enterprise manufacturing intelligence market?
- What are the key regional markets?
- What is the breakup of the market based on the offering?
- What is the breakup of the market based on the deployment type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global enterprise manufacturing intelligence market and who are the key players?
- What is the degree of competition in the industry?
Breakup by Offering:
- Software
- Services
Breakup by Deployment Type:
- Embedded
- Standalone
Breakup by Application:
- Data Integration
- Data Management and Analytics
- Real-Time Visualization
Breakup by End Use Industry:
- Automotive
- Energy and Power
- Consumer Packaged Goods
- Medical Products
- Aerospace and Defense
- Electronics and Semiconductors
- Pharmaceuticals and Biotech
- Oil and Gas
- Food and Beverages
- Chemical
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- ABB Ltd.
- Aspen Technology Inc.
- Dassault Systemes SE
- Epicor Software Corporation (KKR & Co. Inc.)
- Honeywell International Inc.
- Oracle Corporation
- Parsec Automation Corp.
- Qisoft
- Rockwell Automation Inc.
- SAP SE
- Schneider Electric.
For more information about this report visit https://www.researchandmarkets.com/r/3go625
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