Production monitoring solutions provide a comprehensive view of the manufacturing processes and record the performance of entire production process. These solutions help industries to achieve production efficiencies and improve production capacities effectively. The growing automation trend among different industry verticals and the development of efficient solutions by key players is expected to strongly support the growth of the production monitoring market during the forecast period.
MARKET DYNAMICS
The production monitoring market is anticipated to witness decent growth in the forecast period on account of the industrial revolution- industry 4.0 coupled with the rapid adoption of industrial automation. Furthermore, growing need for centralized monitoring and predictive asset maintenance among manufacturers is likely to favor the market growth. However, rising security concerns and privacy threats may hamper the growth of the production monitoring market during the forecast period. On the other hand, increasing adoption of cloud-based solutions is expected to showcase growth opportunities for the key players of the production monitoring market over the coming years.
MARKET SCOPE
The "Global Production Monitoring Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of production monitoring market with detailed market segmentation by component, application, deployment, industry vertical, and geography. The global production monitoring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading production monitoring market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global production monitoring market is segmented on the basis of component, application, deployment, and industry vertical. By component, the market is segmented as solution and services. Based on application, the market is segmented as business process optimization, logistics and supply chain management, automation and control management, and emergency and incident management. On the basis of the deployment, the market is segmented as on-premise and cloud. The market on the basis of the industry vertical is classified as automotive, aerospace and defense, oil and gas, chemical, electronics and semiconductors, energy and power, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global production monitoring market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The production monitoring market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting production monitoring market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the production monitoring market in these regions.
MARKET PLAYERS
The reports cover key developments in the production monitoring market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from production monitoring market are anticipated to lucrative growth opportunities in the future with the rising demand for production monitoring in the global market. Below mentioned is the list of few companies engaged in the production monitoring market.
The report also includes the profiles of key production monitoring companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Capgemini
- Emerson Electric Co.
- Hitachi Vantara Corporation
- InfinityQS
- IQMS (Dassault Systemes)
- Oracle Corporation
- ORDINAL Software
- PCE Instruments
- Rockwell Automation, Inc.
- Tesar S.p.A.