Home > Semiconductors & Electronics > Telecom and Networking > Enterprise Manufacturing Intelligence Market

Enterprise Manufacturing Intelligence Market Trends

  • Report ID: GMI9475
  • Published Date: May 2024
  • Report Format: PDF

Enterprise Manufacturing Intelligence Market Trends

The rising IoT capabilities enable manufacturers to gain greater visibility and insights into their operations through the efficient utilization of data and improved integration of disparate systems. This opens the possibility for manufacturers of moving away from simply selling products to providing services and strengthening their relationship with end users. For instance, in April 2024, Rockwell Automation, Inc. launched the FLEXLINE 3500, a low-voltage motor control center (MCC). With this motor control center, manufacturers can unlock production data and increase uptime and productivity through a portfolio of smart products. By integrating with smart motor control devices, the FLEXLINE 3500 MCC delivers real-time operation and diagnostic data for critical equipment.
 

As sustainability becomes a top priority for organizations worldwide, there is a growing recognition of the need to set accurate and achievable decarbonization targets. Manufacturing companies are focusing on innovative approaches and embracing the shift toward software-based applications. For instance, in April 2023, Schneider Electric launched Zeigo, a new software to help businesses and enterprises set accurate and achievable decarbonization targets. The application delivers easy emission calculations paired with a customized decarbonization roadmap and a regionally tailored solutions provider marketplace.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The enterprise manufacturing intelligence (EMI) market was valued at USD 5.16 billion in 2023 and is estimated to register 13.4% CAGR between 2024 & 2032, owing to the scalability and adaptability of digital platforms.

The discrete industry segment captured over 80% of the enterprise manufacturing intelligence market share in 2023 due to agile manufacturing, characterized by flexibility, customization, and rapid response to market demands.

The Asia Pacific market projected 14.5% CAGR from 2024 to 2032, attributed to the heightened awareness of the importance of data-driven decision-making in manufacturing.

Siemens AG, ABB Ltd., Rockwell Automation Inc., Honeywell International Inc., Schneider Electric SE, and Aspen Technology Inc.

Enterprise Manufacturing Intelligence Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 256
  • Countries covered: 21
  • Pages: 220
 Download Free Sample