Enterprise Manufacturing Intelligence Market worth 3.95 Billion USD by 2022


According to the new market research report "Enterprise Manufacturing Intelligence Market by Deployment Type (Embedded, and Standalone), Offering (Software, and Services), End-User Industry (Automotive, Oil & Gas, Pharmaceutical, Food & Beverages), and Geography - Global Forecast to 2022" , the enterprise manufacturing intelligence (EMI) market is estimated to be valued at USD 1.53 Billion in 2016 and is expected to register a CAGR of 17.1%, to reach USD 3.95 Billion by 2022.The growth of this market is driven by the tough competition among manufacturing companies, growing need for enhanced operational efficiency, rising supplier complexity, and stringent regulatory framework in the highly regulated industries.

“Embedded deployment to hold the largest share of the enterprise manufacturing intelligence market during the forecast period“

Embedded deployment type is expected to lead the enterprise manufacturing intelligence market between 2016 and 2022. The growth of the market is expected to be influenced by factors such as ongoing technological advancements, increasing popularity of IoT, and growing demand for sustainable production.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=32000061

“Automotive industry to hold the largest share and grow at the highest rate between 2016 and 2022”

The automotive sector witnessed rapid changes in the manufacturing technologies. Original equipment manufacturers in the automotive industry are facing challenges of manufacturing, designing, and upgrading conventional powertrain models to synchronize their manufacturing processes with the emerging technologies for enhanced consumer satisfaction and better experiences. On account of this, EMI software would gain traction during the forecast period.

“North America expected to dominate the EMI market between 2016 and 2022”

EMI is witnessing a rapid adoption rate across various industries such as oil and gas, automotive, medical devices, chemicals which is expected to support the market growth in North America. Further, the presence of leading market players in this region and increasing government’s investments is anticipated to fuel the North American market.

Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=32000061

The major players involved in the Enterprise Manufacturing Intelligence market include ABB Ltd. (U.S.), Honeywell International Inc. (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), Emerson Electric Co. (U.S.), General Electric Co. (U.S.), Aspen Technology, Inc. (U.S.), Dassault Systèmes (France),  Yokogawa Electric Corporation (Japan) and SAP SE (Germany).

Comments

Post a Comment

Popular posts from this blog

Sustainable Practices Boost Demand for Pressure Transmitters in Water & Wastewater Treatment

  The global pressure transmitter market is poised for substantial growth, driven by the increasing demand across various industries. Among these, the water and wastewater treatment industry is anticipated to register the highest growth rate during the forecast period. This growth is fueled by the rising need for efficient and reliable pressure measurement solutions to ensure safe and effective water treatment processes. Download PDF Brochure @  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=937 Importance of Pressure Transmitters in Water & Wastewater Treatment Pressure transmitters play a crucial role in the water and wastewater treatment industry. They are essential for monitoring and controlling the pressure within pipelines, tanks, and other critical infrastructure. Accurate pressure measurement is vital for: Process Optimization : Ensuring optimal pressure levels helps in maintaining the efficiency of treatment processes, reducing energy consumption, and min...
Read more

Retail & Logistics: Driving Growth in the Mesh Gateway Market

The mesh gateway market is poised for substantial growth, with the retail and logistics sectors emerging as key contributors. As businesses increasingly adopt digital transformation strategies, the demand for reliable, scalable, and efficient network solutions has skyrocketed. Mesh gateways, known for their ability to enhance network coverage and reliability, are becoming integral to these sectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=191463907 Understanding Mesh Gateways Mesh gateways are networking devices that facilitate the interconnection of various network nodes, forming a robust and seamless communication network. Unlike traditional networking solutions, mesh gateways allow each node to connect to multiple other nodes, creating a web-like structure. This architecture ensures continuous connectivity, even if one node fails, as the network can dynamically reroute data through other available nodes. Why Retail & Logistics? ...
Read more

Future Insights: Energy & Utilities to Drive Cellular Modem Market Expansion

The cellular modem market is poised for substantial growth between 2023 and 2028, with the Energy & Utilities segment expected to hold the largest market share. This trend is driven by several factors, including the increasing demand for advanced communication technologies to enhance operational efficiency, safety, and remote monitoring capabilities within the sector. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=135102534 Key Factors Driving Growth in the Energy & Utilities Segment Enhanced Communication Needs : The Energy & Utilities sector requires robust and reliable communication solutions to manage extensive networks of equipment and infrastructure. Cellular modems offer seamless connectivity, which is crucial for real-time data transmission and remote management. This capability is particularly important for ensuring the efficient operation and maintenance of energy grids, water systems, and othe...
Read more