Enterprise Manufacturing Intelligence Market Expected to Witness Robust Growth | ABB Ltd., Honeywell International Inc., Rockwell Automation Inc.

Global Enterprise Manufacturing Intelligence Market Size study, by Application (Data Integration, Analytics and Analysis, Visualization), by End-User (Aerospace and Defense, Automotive, Electronics, Chemical, Food and Beverage, Pharmaceutical, Others) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, predicts the industry’s performance for the upcoming years to help stakeholders in making the right decisions that can potentially garner strong returns. Further, the document provides comprehensive analysis of the key industry trends as well as the opportunities that will ensure an upward growth trajectory in the coming years. It also focuses on developing strategies for challenges faced by the industry. Moreover, an exhaustive discussion of the latest updates including the impact of COVID-19 pandemic is furnished in the study. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). - In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Global Enterprise Manufacturing Intelligence Market is valued approximately at USD 2.4 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 17.1% over the forecast period 2020-2027. The enterprise manufacturing intelligence (EMI) is a type of software used for assembling and presenting the manufacturing-associated data from numerous sources to deliver the decision-makers with information concerning the organization's performance. Moreover, the software further allows the users to certainly find the information required by centralizing the manufacturing data, irrespective of the source, and can simply perform scrutiny on any manufacturing aspect, including production costs, quality, resources, capacity, among others. The rise in competitive scenario among manufacturers, growing need for improved operational efficiency, and surging integration of big data are the few factors responsible for the CAGR of the market during the forecast period. As per the New Vantage Partners, the number of firms investing more than USD 500 million annually in big data has grown from 12.7% in 2018 to 21.1% in 2019. While according to the Worldwide Semi-annual Big Data and Analytics Spending Guide released by IDC, the businesses are spending USD 187 billion on big data and analytics in 2019, which may create a high demand for enterprise manufacturing intelligence. Moreover, several manufacturing industries are turning their interest from traditional manufacturing approach to digitalized method thus, companies are increasingly deploying smart automation techniques. For instance, according to the International Data Corporation (IDC) in 2019, the Asia-pacific will lead the IoT spending in 2019 with around 35.7%, followed by the United States of America with 27.3% and is also expected the spending on IoT in Asia-pacific to reach around USD 398.6 billion by 2023. This in turn is expected to leverage the adoption of enterprise manufacturing intelligence systems and solution all over the world. However, the high implementation cost is one of the prime factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global Enterprise Manufacturing Intelligence market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the early adoption of cloud-based EMI, along with the wide presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the robust growth of the manufacturing sector coupled with escalating demand for automation solutions in end-use industries across the developing nations, such as China and India, are the few factors creating a lucrative opportunity for the growth of the enterprise manufacturing intelligence market in the Asia-Pacific region.

Major market player included in this report are:
ABB Ltd.
Honeywell International Inc.
Rockwell Automation Inc.
AVEVA Group PLC
Siemens AG
Aspen Technology Inc.
Dassault Systemes SE
Emerson Electric Co.
General Electric Company
SAP SE

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:
Data Integration
Analytics and Analysis
Visualization

By End-User:
Aerospace and Defense
Automotive
Electronics
Chemical
Food and Beverage
Pharmaceutical
Others

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Key highlights from COVID-19 impact analysis:
• Predictions regarding long-term effects of COVID-19 pandemic on the growth trend.
• Socio-economic implications of the coronavirus outbreak on the Market.
• Peaks and valleys in demand during the Covid-19 lockdown period.
• Supply chain challenges.
• Projected long-term outlook of the pandemic on industry development.

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An overview of the regional landscape:
The key regions covered in the report are North America, Europe, China, Japan and South Korea, It also covers key regions (countries), viz, the U,S,, Canada, Germany, France, U,K,, Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U,A,E, etc,.
Regional contribution to the overall market growth is measured in the study.
Revenue generated, sales garnered, and growth rate attained by each region during forecast period are cited.

The market growth is analyzed by studying multiple determinants such as:
• Market Drivers
• Market Trends
• Market Challenges
• Market Opportunities
• Market Restraints, and
• Market Competition

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Key Questions Answered in The Report:
• What will the Market growth rate?
• What are the key factors driving the global Market?
• Who are the key manufacturers in Market space?
• What are the market opportunities and overview of the Market?
• What are sales, revenue, and price analysis of top manufacturers of Market?
• What are the Market opportunities and threats faced by the vendors in the global Market?
• What are sales, revenue, and price analysis by types and applications of Market?

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Key Points Covered in Enterprise Manufacturing Intelligence Market Report:

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Enterprise Manufacturing Intelligence Market, by Region, 2018-2027 (USD Billion)
1.2.2. Enterprise Manufacturing Intelligence Market, by Application, 2018-2027 (USD Billion)
1.2.3. Enterprise Manufacturing Intelligence Market, by End-User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Enterprise Manufacturing Intelligence Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Enterprise Manufacturing Intelligence Market Dynamics
3.1. Enterprise Manufacturing Intelligence Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Enterprise Manufacturing Intelligence Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
……..and view more in complete table of Contents

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