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The global manufacturing operations management software market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 11% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Manufacturing operations management (MOM) software assists in digitalizing production processes and information into a unified system. It also helps improve execution systems, advance planning and scheduling, and manage quality and research and development (R&D) projects. Besides this, it assists in sequencing, asset and compliance management, human-machine interface (HMI), performance analysis, and supervisory control and data acquisition (SCADA) intelligence. As manual approaches are inconsistent, isolated, inefficient, and time-consuming, manufacturers from different industry verticals are adopting MOM software for better management of industrial operations.
Rising automation in manufacturing activities represents one of the key factors catalyzing the demand for MOM software to enable the digital transformation of operational processes. The software aids in optimizing production performance while improving efficiency, flexibility, and time-to-market. Moreover, it is used along with Application Programming Interfaces (APIs), artificial intelligence (AI), robotic processes, and real-time data collection in the aerospace and defense industries across the globe. Besides this, due to the growing prevalence of chronic diseases and the increasing demand for healthcare services, the global pharmaceutical industry is constantly undergoing upgrades and changes. This is driving the need for MOM software to facilitate the production process of medical essentials. The growing emphasis on food safety, hygiene, sustainability, and traceability is also promoting the adoption of MOM software in the food and beverage (F&B) industry. Furthermore, numerous manufacturers worldwide are striving for more effective operations and agility on account of the rising competition in the market. As a result, the leading players are offering customized, secure, and modern software platforms that give operators, supervisors, and plant managers the visibility and insights to take decisions for productivity, quality, and compliance.
IMARC Group provides an analysis of the key trends in each sub-segment of the global manufacturing operations management software market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, functionality, enterprise size and industry vertical.
Breakup by Functionality:
Breakup by Enterprise Size:
Breakup by Industry Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Aegis Industrial Software Corporation, Aspen Technology Inc., Critical Manufacturing (ASM Pacific Technology Limited), Dassault Systemes SE, Emerson Electric Co., General Electric Company, Honeywell International Inc., International Business Machines Corporation, Oracle Corporation, Plex Systems Inc. and Siemens AG.
|Base Year of the Analysis||2020|
|Segment Coverage||Functionality, Enterprise Size, Industry Vertical, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., Aegis Industrial Software Corporation, Aspen Technology Inc., Critical Manufacturing (ASM Pacific Technology Limited), Dassault Systemes SE, Emerson Electric Co., General Electric Company, Honeywell International Inc., International Business Machines Corporation, Oracle Corporation, Plex Systems Inc. and Siemens AG.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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