Manufacturing Analytics Market
Manufacturing Analytics Market Size, Share & Trends Analysis Report, By Application (Predictive Maintenance and Asset Management, Inventory Management, Supply Chain Planning and Procurement, and Others), By Deployment Model (On-Premises and On-Demand), By End-User (Food and Beverages, Electronics Equipment, Automotive, Aerospace and Defense, Chemicals and Materials, Machinery and Industrial Equipment and Others) and Forecast, 2019-2025 Update Available - Forecast 2024-2030
The global manufacturing analytics market is expected to witness a significant growth rate at a CAGR of 22% during the forecast period. A statistical tool that performs rule-based analysis to improve business processes and product quality is known as manufacturing analytics. Data analytics is used in various other industrial domains which include insurance (BFSI), e-commerce, banking, and financial services. Though, increasing pressures to meet federal norms, supply-chain requirements, and global competition, demand for low manufacturing cost, and improve operating income have seen a high adoption of data analytics in the manufacturing industry market sector.
Moreover, process improvement programs which include data acquisition system (SCADA), Lean Manufacturing, supervisory control and, and Six Sigma have improved the adoption of manufacturing analytics. Furthermore, with huge data being generated from the network industry equipment and automation systems, industry has resulted in a strong demand for analytics in the manufacturing sector. Complex operation and low return on investment from manufacturing analytics tools are acting as a roadblock in its manufacturing analytics market growth. Additionally, technical constraints related to cloud deployments such as data security and privacy are likely to curb the growth of the global market.
Segmental Outlook
The global manufacturing analytics market is segmented on the basis of application, deployment model, and end-user. Based on the application, the market is segmented into predictive maintenance and asset management, inventory management, supply chain planning and procurement, and other application such as energy management, emergency management. Out of which energy management is anticipated to have significant growth rates among all other applications. The growth of the market is attributed to the increased adoption of smart energy technologies by various manufacturing organizations. Additionally, the increased use of the smart grid will also contribute significantly to the growth of the market. Based on the deployment model, the market is bifurcated into on-premises and on-demand. Based on the end-user, the market is segmented into food and beverages, electronics equipment, automotive, aerospace and defense, chemicals and materials, machinery and industrial equipment and others.
Global Manufacturing Analytics Market Share by End-User, 2018 (%)
Automotive Segment is Estimated to Have Significant Market Share in the Manufacturing Analytics Market
Based on the end-user, the market is segmented into food and beverage manufacturing, electronics equipment manufacturing, automotive, aerospace and defense, chemicals and materials manufacturing, machinery and industrial equipment manufacturing, and others. The automotive segment is expected to contribute significantly to the market growth during the forecast period. To reduce the cost associated with faulty assembly, over inventory stocking and plan for the maintenance of the assembly line in the more efficiently automotive industry is adopting predictive analytics in the industry. Also, the rise in adoption of industrial IoT devices, networked system, sensors, barcode readers are increasing the data generated with a significant rate which is fueling the automotive industry towards the fourth industrial revolution.
Regional Outlook
The manufacturing analytics market is geographically segmented into North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific) and Rest of the World (RoW). North America is expected to have a significant share in the market owing to the strong presence of technologically advanced countries with strong regulations for various verticals. The manufacturing analytics market in North America is anticipated grow significantly especially in countries such as the US and Canada due to their strong focus on R&D and innovation. Countries across the region are early adopters of technologies in various verticals including retail, BFSI, food & beverage and other industries such as chemical and manufacturing.
Manufacturing Analytics Market Growth, by Region 2019-2025
Asia-Pacific is Predicted to Grow Significantly During the Forecast Period
The manufacturing analytics market is rapidly expanding in the Asia-Pacific and witnessing a significant growth specifically in the countries such as China, India, and Brazil. With a large pool of manufacturing industries in the region that are now becoming aware of the needs and requirements of big data analytics to improve the operational profit especially in emerging economies such as India, China, and Brazil, it is anticipated to provide strong growth opportunity for the software tool manufacturers. Huge opportunities across the manufacturing industry in the Asia-pacific region are a major factor driving the growth of the manufacturing analytics market.
Market Players Outlook
The major players that contribute to the growth of the market include Alteryx Inc., TIBCO Software Inc., SAP SE, SAS Institute, Inc. General Electric Co., IBM Corp., Oracle Corp., and others. These market players are contributing to the market by adopting various market approaches including product launch and approvals, merger and acquisition, partnerships and collaborations; among other strategies for gaining a strong position in the market.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global manufacturing analytics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. IBM Corp.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. TIBCO Software, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. SAP SE
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Oracle Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. SAS Institute, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Manufacturing Analytics Market by Application
5.1.1. Predictive Maintenance and Asset Management
5.1.2. Inventory Management
5.1.3. Supply Chain Planning and Procurement
5.1.4. Other (Energy Management and Emergency Management)
5.2. Global Manufacturing Analytics Market by Deployment Model
5.2.1. On-Premises
5.2.2. On-Demand
5.3. Global Manufacturing Analytics Market by End-User
5.3.1. Food and Beverages
5.3.2. Electronics Equipment
5.3.3. Automotive
5.3.4. Aerospace and Defense
5.3.5. Chemicals and Materials
5.3.6. Machinery and Industrial Equipment
5.3.7. Others
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Alteryx, Inc.
7.2. Dassault Systèmes SE
7.3. DOMO
7.4. DXC Technology Co.
7.5. General Electric Co.
7.6. IBM Corp.
7.7. Kavi Global
7.8. Northwest Analytics, Inc.
7.9. Oracle Corp.
7.10. QlikTech International AB
7.11. Salesforce.com, Inc.
7.12. SAP SE
7.13. SAS Institute, Inc.
7.14. SensrTrx, LLC
7.15. Sisense, Inc.
7.16. Tata Consultancy Services, Ltd.
7.17. Teradata Corp.
7.18. TIBCO Software, Inc.
7.19. Wipro, Ltd.
7.20. Zensar Technologies, Ltd.
GLOBAL MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
2. GLOBAL PREDICTIVE MAINTENANCE AND ASSET MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL INVENTORY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL SUPPLY CHAIN PLANNING AND PROCUREMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
7. GLOBAL ON-PREMISES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL ON-DEMAND MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
1. GLOBAL MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
2. GLOBAL FOOD AND BEVERAGES MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL ELECTRONICS EQUIPMENT MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL AUTOMOTIVE MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL AEROSPACE AND DEFENSE MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL MACHINERY AND INDUSTRIAL EQUIPMENT MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL OTHER END-USER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
9. NORTH AMERICAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
10. NORTH AMERICAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
11. NORTH AMERICAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
12. NORTH AMERICAN VIDEO ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
13. EUROPEAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
14. EUROPEAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. EUROPEAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
16. EUROPEAN MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
17. ASIA-PACIFIC MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. ASIA-PACIFIC MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
21. REST OF THE WORLD MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
22. REST OF THE WORLD MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODEL, 2018-2025 ($ MILLION)
23. REST OF THE WORLD MANUFACTURING ANALYTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL MANUFACTURING ANALYTICS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
2. GLOBAL MANUFACTURING ANALYTICS MARKET SHARE BY DEPLOYMENT MODEL, 2018 VS 2025 (%)
3. GLOBAL MANUFACTURING ANALYTICS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL MANUFACTURING ANALYTICS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
12. REST OF EUROPE MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD MANUFACTURING ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
