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Leading Growth Driver in the Overall Equipment Effectiveness Software Market in 2025: Growth In Industrial Automation Fuels Expansion Of Overall Equipment Effectiveness Software Market Driver's Influence
Overall Equipment Effectiveness Software
The rise in industrial automation is expected to stimulate the overall equipment effectiveness (OEE) software market. Industrial automation, which uses robots and control systems to enhance manufacturing efficiency, is becoming more widespread due to its ability to reduce costs and improve product quality. OEE software is integral to optimizing equipment performance, helping manufacturers achieve higher efficiency and safety. According to the International Federation of Robotics, 553,052 industrial robots were installed globally in 2022, representing a 5% growth. As industrial automation expands, so does the demand for OEE software.
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What is the projected compound annual growth rate (CAGR) of the overall equipment effectiveness software market from 2025 to 2034, and what factors influence it?
The overall equipment effectiveness (OEE) software market has expanded rapidly, growing from $65.7 billion in 2024 to $74.44 billion in 2025 at a CAGR of 13.3%. Growth has been driven by the adoption of ERP software, increased use of IoT and AI in manufacturing, growing automation trends, and the rising need to enhance productivity and equipment performance.
The overall equipment effectiveness (OEE) software market is projected to grow rapidly, reaching $121.18 billion in 2029 at a CAGR of 13.0%. Growth will be driven by industrial automation, enhanced equipment performance, cost efficiency, ERP software adoption, and demand for advanced OEE solutions. Trends include integration with other software systems, technological advancements, and increasing MES-PLM-ERP connectivity.
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How are the latest trends influencing the growth of the overall equipment effectiveness software market?
Companies in the overall equipment effectiveness (OEE) software market are embracing cloud computing to offer real-time data access, remote monitoring, and improved efficiency. FourJaw Manufacturing Analytics launched its cloud-based Next Generation Machine Monitoring System in February 2023. This software allows manufacturers to track OEE in real time, improving factory operations by identifying productivity bottlenecks and enabling faster response to operational issues through a new messaging feature.
What are the major segments of the overall equipment effectiveness software market and their role in driving growth?
The overall equipment effectiveness software market covered in this report is segmented -
1) By Type: Supervisory Control And Data Acquisition (SCADA), Manufacturing Execution System (MES), Cloud Enterprise Resource Planning (ERP), Predictive Maintenance, Data Historian
2) By Overall Equipment Effectiveness Software Methods: Availability Calculation, Performance Calculation, Quality Calculation, Real-Time Monitoring, Root Cause Analysis, Predictive Analytics
3) By Offering: Software, Services
4) By Deployment Mode: On-Premises, Cloud
5) By Industry: Aerospace And Defense, Automotive, Chemical, Food And Beverage, Healthcare, Metal And Mining, Oil And Gas, Power, Electronics And Semiconductor, Other Industries
Subsegments:
1) By Supervisory Control and Data Acquisition (SCADA): Real-Time Data Monitoring SCADA, Remote Monitoring SCADA, Integrated SCADA Systems
2) By Manufacturing Execution System (MES): Discrete Manufacturing MES, Process Manufacturing MES, Batch Manufacturing MES
3) By Cloud Enterprise Resource Planning (ERP): Cloud-Based ERP for Manufacturing, Cloud-Based ERP for Supply Chain Management, Cloud-Based ERP for Financial Management
4) By Predictive Maintenance: Condition Monitoring Tools, Vibration Monitoring Systems, AI-Based Predictive Maintenance Solutions
5) By Data Historian: On-Premise Data Historian, Cloud-Based Data Historian, Real-Time Data Collection Systems
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What regions are leading the charge in the overall equipment effectiveness software market?
Asia-Pacific was the largest region in the overall equipment effectiveness software market in 2024. The regions covered in the overall equipment effectiveness software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the overall equipment effectiveness software market?
Major companies operating in the overall equipment effectiveness software market are Microsoft Corporation, Siemens AG, Lockheed Martin Corporation, General Electric Company, International Business Machines Corporation, Schneider Electric SE, Honeywell International Inc., ABB Ltd., Emerson Electric Co., Rockwell Automation Inc., Dassault Systèmes SE, Workday Inc., Infor Inc., Engineering Industries Excellence, UiPath Inc., Redzone, Evocon OÜ, OEEsystems International, Parsec Automation Corp., Raven Telemetry., Informance International
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What Is Covered In The Overall Equipment Effectiveness Software Global Market Report?
•Market Size Forecast: Examine the overall equipment effectiveness software market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the overall equipment effectiveness software market for a structured understanding.
•Key Players Overview: Analyze major players in the overall equipment effectiveness software market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the overall equipment effectiveness software market.
•Segment Contributions: Evaluate how different segments drive overall growth in the overall equipment effectiveness software market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the overall equipment effectiveness software market.
•Industry Challenges: Identify potential risks and obstacles affecting the overall equipment effectiveness software market.
•Competitive Landscape: Review strategic developments in the overall equipment effectiveness software market, including expansions, agreements, and new product launches.
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