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Manufacturing Operations Management Software Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 165
Delivery Format: PDF + Excel

$2,950.00

The market for manufacturing operations management software was valued at $7.21Billion in 2018. It is expected to grow at a 9.5% CAGR between 2019 and 2026.

The report examines market analysis, growth prospects, and restraints. Porter’s five force analysis analyzes the manufacturing operations management industry. It provides insight into the effects of different factors, such as the bargaining power and competitive intensity of competitors, the threat from new entrants, substitutes, and the bargaining power of buyers.

Manufacturing operations management (MOM software) is a system that manages manufacturing operations from end to end. The primary goal of the system is to maximize manufacturing operations efficiency. The major drivers of the MOM software market are RPA (Robotic Process Automation) and increasing implementation.

The MOM software enforces policies and rules to preserve production value. It also ensures that employees and other processes follow these policies. It is a collection of processes that continually improve inventory, production, quality control, human resource requirements, and compliance with regulatory compliance. These are part of the software’s strategic objectives to achieve product innovation, cost reductions, regulatory compliance, sustainability, quality, and other goals. The global manufacturing operations management software market is expected to grow during the forecast period due to the rise of digitalization in the manufacturing production areas. This allows for better production performance, flexibility, efficiency, time-to-market, and improved flexibility.

Manufacturing is constantly evolving, with digitalized processes that can adapt to rapid market changes and other disruptive innovations. This has led to the necessity to adapt manufacturing processes to incorporate MOM functionality into various operational domains via business process automation. Manufacturing Execution Systems (MES) applications deliver the MOM software layer. These applications have transformed operational processes and information digitally to improve efficiency and transparency in areas like performance management, manufacturing execution, and recipe management. Manufacturers who need to improve their supply chains and production facilities can adopt MOM software at an impressive rate.

North America’s manufacturing operations management software market dominated revenue share in 2018. This was due to the high adoption of manufacturing technologies that help businesses in the region to meet global trade needs.

Manufacturing Operations Management Software Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Segment review

The market for manufacturing operations management software is segmented by component, functionality, enterprise size, vertical industry, region, and region. It is classified into software and services according to its component. It can be divided by functionality into inventory management, labor management, and manufacturing execution system (MES), as well as process & production intelligence and quality process management. It is classified by enterprise size into small and medium enterprises, large enterprises, and large enterprises. It can be classified into several industry verticals: automotive, chemical and healthcare, food & beverage, consumer goods, aerospace, defense, and others. The market is analyzed across North America, Europe, and Asia-Pacific.

ABB Ltd., Aegis Industrial Software Corporation, Aspen Technology, Inc., Critical Manufacturing, Dassault Systems SE, Emerson Electric Co., General Electric Company, Honeywell International, Inc., Plex Systems, and Siemens AG are the market leaders in the manufacturing operations software market analysis.

Top influencing factors

Industry 4.0 has driven manufacturers to adopt digitalized solutions in their manufacturing facilities for more efficient processes. This is expected to be a key driver of the market’s growth. The global market’s growth is expected to accelerate due to the rapid expansion of robotic process automation (RPA). The market will also grow due to the increased compliance with strict government regulations, especially in the healthcare industry. High initial investment costs could impede the market growth. Despite this, the market will grow with the help of government initiatives for smart factories.

Industry 4.0 is focused on interconnectivity and machine learning. This has been a major driver of the rapid growth in smart manufacturing. Smart digital technologies and software have been adopted due to the evolution of smart manufacturing. MOM software automates manufacturing processes. It is expected to drive the market for manufacturing operations management software in the next years. This will provide a better-connected ecosystem, optimized manufacturing, and supply chain management.

Robotic process automation (RPA),

Robotic process automation (RPA) software is becoming a popular choice among manufacturers around the world. This software allows them to improve their business processes and increase profitability. It also provides smart solutions for workers. Manufacturing is harnessing the power of end-to-end software to improve its inventory management, procurement, order processing, and communications. This is expected to be a key factor in the market growth for global manufacturing operations management software during the forecast period.

Key Benefits to Stakeholders

  • This report includes analysis and forecasts of future investment opportunities and the market trends in manufacturing operations management software.
  • This report provides information about key drivers, limitations, and opportunities in the manufacturing operations software industry.
  • To highlight the industry’s financial strength, the market share for manufacturing operations management software has been quantitatively analyzed from 2018 to 2026.
  • Porter’s five forces analysis illustrates the power of buyers and suppliers in the MOM market.

Key Market Segments

    • By Component
      • Software
      • Services
    • By Application
      • Inventory Management
      • Management of Labor
      • Manufacturing Execution System
      • Process and Production Intelligence
      • Quality Process Management
      • OTHERS
    • By Enterprise Size
      • Large Enterprises
      • Medium and small enterprises
    • Vertical by Industry
      • Automotive
      • Chemical
      • Healthcare
      • Food & Beverages
      • Consumer Goods
      • Aerospace & Defense
      • Other
    • By Region
    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • Italy
      • France
      • UK
      • Spain
      • Poland
      • Russia
      • The Netherlands
      • Norway
      • Czech Republic
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • Indonesia
      • Malaysia
      • Thailand
      • Singapore
      • Australia & New Zealand
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Colombia
      • Rest of South America
    • The Middle East & Africa
      • Saudi Arabia
      • UAE
      • South Africa
      • Northern Africa
      • Rest of MEA

Key Market Participants

  • ABB Ltd
  • Aegis Industrial Software Corporation
  • Aspen Technology, Inc.
  • Critical Manufacturing
  • Dassault Systems
  • Emerson Electric Co.
  • General Electric
  • Honeywell International Inc.
  • PLEX SYSTEMS
  • Siemens AG

 

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
3.1    Market Definition and Outlook
3.2    Properties and Applications
3.3    Market Analysis
3.4    Key Players
4    Key Assumptions
5    Executive Summary
5.1    Overview
5.2    Key Drivers
5.3    Key Developments
5.4    Competitive Structure
5.5    Key Industrial Trends
6    Snapshot
6.1    Global
6.2    Regional
7    Industry Opportunities and Challenges
8    Global Manufacturing Operations Management Software Market Analysis
8.1    Key Industry Highlights
8.2    Global Manufacturing Operations Management Software Historical Market (2017-2020)
8.3    Global Manufacturing Operations Management Software Market Forecast (2023-2028)
8.4    Global Manufacturing Operations Management Software Market by Industry
8.4.1    Automotive
8.4.1.1    Market Share
8.4.1.2    Historical Trend (2017-2020)
8.4.1.3    Forecast Trend (2023-2028)
8.4.2    Chemical
8.4.2.1    Market Share
8.4.2.2    Historical Trend (2017-2020)
8.4.2.3    Forecast Trend (2023-2028)
8.4.3    Healthcare and Pharmaceuticals
8.4.3.1    Market Share
8.4.3.2    Historical Trend (2017-2020)
8.4.3.3    Forecast Trend (2023-2028)
8.4.4    Food and Beverages
8.4.4.1    Market Share
8.4.4.2    Historical Trend (2017-2020)
8.4.4.3    Forecast Trend (2023-2028)
8.4.5    Consumer Goods
8.4.5.1    Market Share
8.4.5.2    Historical Trend (2017-2020)
8.4.5.3    Forecast Trend (2023-2028)
8.4.6    Aerospace and Defense
8.4.6.1    Market Share
8.4.6.2    Historical Trend (2017-2020)
8.4.6.3    Forecast Trend (2023-2028)
8.4.7    Industrial Equipment
8.4.7.1    Market Share
8.4.7.2    Historical Trend (2017-2020)
8.4.7.3    Forecast Trend (2023-2028)
8.4.8    Others
8.5    Global Manufacturing Operations Management Software Market by Functionality
8.5.1    Inventory Management
8.5.1.1    Market Share
8.5.1.2    Historical Trend (2017-2020)
8.5.1.3    Forecast Trend (2023-2028)
8.5.2    Labour Management
8.5.2.1    Market Share
8.5.2.2    Historical Trend (2017-2020)
8.5.2.3    Forecast Trend (2023-2028)
8.5.3    Manufacturing Execution System
8.5.3.1    Market Share
8.5.3.2    Historical Trend (2017-2020)
8.5.3.3    Forecast Trend (2023-2028)
8.5.4    Process and Production Management
8.5.4.1    Market Share
8.5.4.2    Historical Trend (2017-2020)
8.5.4.3    Forecast Trend (2023-2028)
8.5.5    Quality Process Management
8.5.5.1    Market Share
8.5.5.2    Historical Trend (2017-2020)
8.5.5.3    Forecast Trend (2023-2028)
8.5.6    Others
8.6    Global Manufacturing Operations Management Software Market by Enterprise Size
8.6.1    Small and Medium Enterprises
8.6.1.1    Market Share
8.6.1.2    Historical Trend (2017-2020)
8.6.1.3    Forecast Trend (2023-2028)
8.6.2    Large Enterprises
8.6.2.1    Market Share
8.6.2.2    Historical Trend (2017-2020)
8.6.2.3    Forecast Trend (2023-2028)
8.7    Global Manufacturing Operations Management Software Market by Region
8.7.1    Market Share
8.7.1.1    North America
8.7.1.2    Europe
8.7.1.3    Asia Pacific
8.7.1.4    Latin America
8.7.1.5    Middle East and Africa
9    Regional Analysis
9.1    North America
9.1.1    Historical Trend (2017-2020)
9.1.2    Forecast Trend (2023-2028)
9.1.3    Breakup by Country
9.1.3.1    United States of America
9.1.3.2    Canada
9.2    Europe
9.2.1    Historical Trend (2017-2020)
9.2.2    Forecast Trend (2023-2028)
9.2.3    Breakup by Country
9.2.3.1    United Kingdom
9.2.3.2    Germany
9.2.3.3    France
9.2.3.4    Italy
9.2.3.5    Others
9.3    Asia Pacific
9.3.1    Historical Trend (2017-2020)
9.3.2    Forecast Trend (2023-2028)
9.3.3    Breakup by Country
9.3.3.1    China
9.3.3.2    Japan
9.3.3.3    India
9.3.3.4    ASEAN
9.3.3.5    Australia
9.3.3.6    Others
9.4    Latin America
9.4.1    Historical Trend (2017-2020)
9.4.2    Forecast Trend (2023-2028)
9.4.3    Breakup by Country
9.4.3.1    Brazil
9.4.3.2    Argentina
9.4.3.3    Mexico
9.4.3.4    Others
9.5    Middle East and Africa
9.5.1    Historical Trend (2017-2020)
9.5.2    Forecast Trend (2023-2028)
9.5.3    Breakup by Country
9.5.3.1    Saudi Arabia
9.5.3.2    United Arab Emirates
9.5.3.3    Nigeria
9.5.3.4    South Africa
9.5.3.5    Others
10    Market Dynamics
10.1    SWOT Analysis
10.1.1    Strengths
10.1.2    Weaknesses
10.1.3    Opportunities
10.1.4    Threats
10.2    Porter’s Five Forces Analysis
10.2.1    Supplier’s Power
10.2.2    Buyer’s Power
10.2.3    Threat of New Entrants
10.2.4    Degree of Rivalry
10.2.5    Threat of Substitutes
10.3    Key Indicators for Demand
10.4    Key Indicators for Price
11    Competitive Landscape
11.1    Market Structure
11.2    Company Profiles
11.2.1    ABB Ltd.
11.2.1.1    Company Overview
11.2.1.2    Product Portfolio
11.2.1.3    Demographic Reach and Achievements
11.2.1.4    Certifications
11.2.2    Aegis Software Company
11.2.2.1    Company Overview
11.2.2.2    Product Portfolio
11.2.2.3    Demographic Reach and Achievements
11.2.2.4    Certifications
11.2.3    Aspen Technology, Inc.
11.2.3.1    Company Overview
11.2.3.2    Product Portfolio
11.2.3.3    Demographic Reach and Achievements
11.2.3.4    Certifications
11.2.4    The Emerson Electric Co.
11.2.4.1    Company Overview
11.2.4.2    Product Portfolio
11.2.4.3    Demographic Reach and Achievements
11.2.4.4    Certifications
11.2.5    Epicor Software Corporation
11.2.5.1    Company Overview
11.2.5.2    Product Portfolio
11.2.5.3    Demographic Reach and Achievements
11.2.5.4    Certifications
11.2.6    Dassault Systèmes
11.2.6.1    Company Overview
11.2.6.2    Product Portfolio
11.2.6.3    Demographic Reach and Achievements
11.2.6.4    Certifications
11.2.7    Critical Manufacturing
11.2.7.1    Company Overview
11.2.7.2    Product Portfolio
11.2.7.3    Demographic Reach and Achievements
11.2.7.4    Certifications
11.2.8    Others

  • By Component
    • Software
    • Services
  • By Application
    • Inventory Management
    • Management of Labor
    • Manufacturing Execution System
    • Process and Production Intelligence
    • Quality Process Management
    • OTHERS
  • By Enterprise Size
    • Large Enterprises
    • Medium and small enterprises
  • Vertical by Industry
    • Automotive
    • Chemical
    • Healthcare
    • Food & Beverages
    • Consumer Goods
    • Aerospace & Defense
    • Other
  • ABB Ltd
  • Aegis Industrial Software Corporation
  • Aspen Technology, Inc.
  • Critical Manufacturing
  • Dassault Systems
  • Emerson Electric Co.
  • General Electric
  • Honeywell International Inc.
  • PLEX SYSTEMS
  • Siemens AG

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