Global Production Monitoring Market Size study & Forecast, by Component (Solution, Services), by Deployment Mode (On-premise, Cloud), by Application (Business Process Optimization, Logistics and Supply Chain Management, Emergency and Incident Management, Automation and Control Management), by Organization Size, by Industry Vertical and Regional Analysis, 2023-2030
Global Production Monitoring Market is valued at approximately USD xx billion in 2022 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030. Production monitoring refers to the practice of tracking and overseeing various aspects of the manufacturing process to ensure efficiency, quality, and compliance with set standards. It involves the real-time or near-real-time collection, analysis, and visualization of data related to production activities, equipment performance, resource utilization, and product quality. The Production Monitoring market is expanding because of factors such as the rising adoption of industrial automation and the growing number of SMEs. The goal of production monitoring is to provide insights that help optimize production processes, reduce downtime, improve product quality, and enhance overall operational efficiency. As a result, the demand for Production Monitoring has progressively increased in the international market during the forecast period 2023-2030.
Automation allows for the continuous collection of real-time data from various sensors, machines, and equipment on the factory floor. This data is crucial for understanding the current state of production, identifying bottlenecks, and detecting any deviations from desired performance levels. According to Statista, in 2020, the global industrial automation market achieved a valuation of approximately USD 175 billion. Projections indicate that this market is poised for a steady expansion, with an anticipated compound annual growth rate of roughly 9% through 2025 and forecasted to scale up to approximately USD 265 billion by 2025. Furthermore, global Cloud-based industrial automation software accounts for roughly USD 21.24 billion in 2023. Another important factor that drives the Production Monitoring market is the increasing number of SMEs. SMEs often constitute a significant portion of the manufacturing sector. Their presence contributes to a diverse manufacturing landscape, which can involve a wide range of industries, products, and processes. This diversity influences the complexity and variety of production monitoring needs. In addition, as per Statista, the global count of Small and Medium-sized Enterprises (SMEs) accounts for 332.99 million in 2021. Among the continents, Asia stood out as the region with the highest concentration of SMEs. Moreover, rising government expenditure on manufacturing and information technology infrastructure and comprehensive transformation of an economy, are anticipated to create lucrative growth opportunities for the market over the forecast period. However, higher cost associated with Production Monitoring and a lack of skilled workforce is going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Production Monitoring Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the adoption of digitalization in manufacturing and the adoption of trending technologies, such as IoT, big data, DevOps, and mobility, manufacturers are keen to adopt new advanced technologies for their production process in the region. The region’s dominant performance is anticipated to propel the overall demand for Production Monitoring. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as growing government expenditure on manufacturing and IT infrastructure and increasing manufacturing facilities due to the inexpensive workforce in the region.
Major market player included in this report are:
Hitachi Ltd
Infosys Limited
Tesar S.r.l
Schlumberger Limited
Emerson Electric Co
ORDINAL Software - Groupe CODRA
Capgemini SE
Rockwell Automation Inc
Oracle Corporation
Siemens AG
Recent Developments in the Market:
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Component
Solution
Services
By Deployment Mode
On-premise
Cloud
By Application
Business Process Optimization
Logistics and Supply Chain Management
Emergency and Incident Management
Automation and Control Management
By Organization Size
Large Organization
Small & Medium Organization
By Industry Vertical
Oil & Gas
Chemical
Automotive
Energy & Power
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Automation allows for the continuous collection of real-time data from various sensors, machines, and equipment on the factory floor. This data is crucial for understanding the current state of production, identifying bottlenecks, and detecting any deviations from desired performance levels. According to Statista, in 2020, the global industrial automation market achieved a valuation of approximately USD 175 billion. Projections indicate that this market is poised for a steady expansion, with an anticipated compound annual growth rate of roughly 9% through 2025 and forecasted to scale up to approximately USD 265 billion by 2025. Furthermore, global Cloud-based industrial automation software accounts for roughly USD 21.24 billion in 2023. Another important factor that drives the Production Monitoring market is the increasing number of SMEs. SMEs often constitute a significant portion of the manufacturing sector. Their presence contributes to a diverse manufacturing landscape, which can involve a wide range of industries, products, and processes. This diversity influences the complexity and variety of production monitoring needs. In addition, as per Statista, the global count of Small and Medium-sized Enterprises (SMEs) accounts for 332.99 million in 2021. Among the continents, Asia stood out as the region with the highest concentration of SMEs. Moreover, rising government expenditure on manufacturing and information technology infrastructure and comprehensive transformation of an economy, are anticipated to create lucrative growth opportunities for the market over the forecast period. However, higher cost associated with Production Monitoring and a lack of skilled workforce is going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Production Monitoring Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the adoption of digitalization in manufacturing and the adoption of trending technologies, such as IoT, big data, DevOps, and mobility, manufacturers are keen to adopt new advanced technologies for their production process in the region. The region’s dominant performance is anticipated to propel the overall demand for Production Monitoring. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as growing government expenditure on manufacturing and IT infrastructure and increasing manufacturing facilities due to the inexpensive workforce in the region.
Major market player included in this report are:
Hitachi Ltd
Infosys Limited
Tesar S.r.l
Schlumberger Limited
Emerson Electric Co
ORDINAL Software - Groupe CODRA
Capgemini SE
Rockwell Automation Inc
Oracle Corporation
Siemens AG
Recent Developments in the Market:
- In August 2022, Hitachi Energy India's third facility has launched in Bengaluru, Karnataka. The 5,000-square-meter plant service customers in the power utilities, industries, renewable energy, and rail segments. Through its latest factory in Bengaluru, it plans to increase the capacity of its existing power quality products from 10,000 to 22,000 MVAR. The new factory more than doubles the existing capacity to manufacture innovative capacitor units, banks, and power electronic compensators for low, medium, and high voltage systems used in power utilities, industries, renewables, and transportation. The company anticipates hiring 300-400 people directly at its facilities and additionally offering indirect jobs to local suppliers along the industrial value chain.
- Historical Data – 2020 - 2021
- Base Year for Estimation – 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Component, Deployment Mode, Application, Organization Size, Industry Vertical, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Component
Solution
Services
By Deployment Mode
On-premise
Cloud
By Application
Business Process Optimization
Logistics and Supply Chain Management
Emergency and Incident Management
Automation and Control Management
By Organization Size
Large Organization
Small & Medium Organization
By Industry Vertical
Oil & Gas
Chemical
Automotive
Energy & Power
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Production Monitoring Market, by Region, 2020-2030 (USD Billion)
1.2.2. Production Monitoring Market, by Component, 2020-2030 (USD Billion)
1.2.3. Production Monitoring Market, by Deployment Mode, 2020-2030 (USD Billion)
1.2.4. Production Monitoring Market, by Application, 2020-2030 (USD Billion)
1.2.5. Production Monitoring Market, by Organization Size, 2020-2030 (USD Billion)
1.2.6. Production Monitoring Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL PRODUCTION MONITORING MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL PRODUCTION MONITORING MARKET DYNAMICS
3.1. Production Monitoring Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising adoption of industrial automation
3.1.1.2. Growing number of SMEs
3.1.2. Market Challenges
3.1.2.1. Higher cost associated with Production Monitoring
3.1.2.2. Lack of skilled workforce
3.1.3. Market Opportunities
3.1.3.1. Rising government expenditure on manufacturing and IT infrastructure
3.1.3.2. Rapid Industrialization
CHAPTER 4. GLOBAL PRODUCTION MONITORING 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
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL PRODUCTION MONITORING MARKET, BY COMPONENT
5.1. Market Snapshot
5.2. Global Production Monitoring Market by Component, Performance - Potential Analysis
5.3. Global Production Monitoring Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Production Monitoring Market, Sub Segment Analysis
5.4.1. Solution
5.4.2. Services
CHAPTER 6. GLOBAL PRODUCTION MONITORING MARKET, BY DEPLOYMENT MODE
6.1. Market Snapshot
6.2. Global Production Monitoring Market by Deployment Mode , Performance - Potential Analysis
6.3. Global Production Monitoring Market Estimates & Forecasts by Deployment Mode 2020-2030 (USD Billion)
6.4. Production Monitoring Market, Sub Segment Analysis
6.4.1. On-premise
6.4.2. Cloud
CHAPTER 7. GLOBAL PRODUCTION MONITORING MARKET, BY APPLICATION
7.1. Market Snapshot
7.2. Global Production Monitoring Market by Application, Performance - Potential Analysis
7.3. Global Production Monitoring Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Production Monitoring Market, Sub Segment Analysis
7.4.1. Business Process Optimization
7.4.2. Logistics and Supply Chain Management
7.4.3. Emergency and Incident Management
7.4.4. Automation and Control Management
CHAPTER 8. GLOBAL PRODUCTION MONITORING MARKET, BY ORGANIZATION SIZE
8.1. Market Snapshot
8.2. Global Production Monitoring Market by Organization Size, Performance - Potential Analysis
8.3. Global Production Monitoring Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
8.4. Production Monitoring Market, Sub Segment Analysis
8.4.1. Large Organization
8.4.2. Small & Medium Organization
CHAPTER 9. GLOBAL PRODUCTION MONITORING MARKET, BY INDUSTRY VERTICAL
9.1. Market Snapshot
9.2. Global Production Monitoring Market by Industry Vertical, Performance - Potential Analysis
9.3. Global Production Monitoring Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
9.4. Production Monitoring Market, Sub Segment Analysis
9.4.1. Oil & Gas
9.4.2. Chemical
9.4.3. Automotive
9.4.4. Energy & Power
9.4.5. Others
CHAPTER 10. GLOBAL PRODUCTION MONITORING MARKET, REGIONAL ANALYSIS
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Production Monitoring Market, Regional Market Snapshot
10.4. North America Production Monitoring Market
10.4.1. U.S. Production Monitoring Market
10.4.1.1. Component breakdown estimates & forecasts, 2020-2030
10.4.1.2. Deployment Mode breakdown estimates & forecasts, 2020-2030
10.4.1.3. Application breakdown estimates & forecasts, 2020-2030
10.4.1.4. Organization Size breakdown estimates & forecasts, 2020-2030
10.4.1.5. Industry Vertical breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Production Monitoring Market
10.5. Europe Production Monitoring Market Snapshot
10.5.1. U.K. Production Monitoring Market
10.5.2. Germany Production Monitoring Market
10.5.3. France Production Monitoring Market
10.5.4. Spain Production Monitoring Market
10.5.5. Italy Production Monitoring Market
10.5.6. Rest of Europe Production Monitoring Market
10.6. Asia-Pacific Production Monitoring Market Snapshot
10.6.1. China Production Monitoring Market
10.6.2. India Production Monitoring Market
10.6.3. Japan Production Monitoring Market
10.6.4. Australia Production Monitoring Market
10.6.5. South Korea Production Monitoring Market
10.6.6. Rest of Asia Pacific Production Monitoring Market
10.7. Latin America Production Monitoring Market Snapshot
10.7.1. Brazil Production Monitoring Market
10.7.2. Mexico Production Monitoring Market
10.8. Middle East & Africa Production Monitoring Market
10.8.1. Saudi Arabia Production Monitoring Market
10.8.2. South Africa Production Monitoring Market
10.8.3. Rest of Middle East & Africa Production Monitoring Market
CHAPTER 11. COMPETITIVE INTELLIGENCE
11.1. Key Company SWOT Analysis
11.1.1. Company
11.1.2. Company
11.1.3. Company
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Hitachi Ltd
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Recent Developments
11.3.2. Infosys Limited
11.3.3. Tesar S.r.l
11.3.4. Schlumberger Limited
11.3.5. Emerson Electric Co
11.3.6. ORDINAL Software - Groupe CODRA
11.3.7. Capgemini SE
11.3.8. Rockwell Automation Inc
11.3.9. Oracle Corporation
11.3.10. Siemens AG
CHAPTER 12. RESEARCH PROCESS
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Production Monitoring Market, by Region, 2020-2030 (USD Billion)
1.2.2. Production Monitoring Market, by Component, 2020-2030 (USD Billion)
1.2.3. Production Monitoring Market, by Deployment Mode, 2020-2030 (USD Billion)
1.2.4. Production Monitoring Market, by Application, 2020-2030 (USD Billion)
1.2.5. Production Monitoring Market, by Organization Size, 2020-2030 (USD Billion)
1.2.6. Production Monitoring Market, by Industry Vertical, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
CHAPTER 2. GLOBAL PRODUCTION MONITORING MARKET DEFINITION AND SCOPE
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
CHAPTER 3. GLOBAL PRODUCTION MONITORING MARKET DYNAMICS
3.1. Production Monitoring Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Rising adoption of industrial automation
3.1.1.2. Growing number of SMEs
3.1.2. Market Challenges
3.1.2.1. Higher cost associated with Production Monitoring
3.1.2.2. Lack of skilled workforce
3.1.3. Market Opportunities
3.1.3.1. Rising government expenditure on manufacturing and IT infrastructure
3.1.3.2. Rapid Industrialization
CHAPTER 4. GLOBAL PRODUCTION MONITORING 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
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL PRODUCTION MONITORING MARKET, BY COMPONENT
5.1. Market Snapshot
5.2. Global Production Monitoring Market by Component, Performance - Potential Analysis
5.3. Global Production Monitoring Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Production Monitoring Market, Sub Segment Analysis
5.4.1. Solution
5.4.2. Services
CHAPTER 6. GLOBAL PRODUCTION MONITORING MARKET, BY DEPLOYMENT MODE
6.1. Market Snapshot
6.2. Global Production Monitoring Market by Deployment Mode , Performance - Potential Analysis
6.3. Global Production Monitoring Market Estimates & Forecasts by Deployment Mode 2020-2030 (USD Billion)
6.4. Production Monitoring Market, Sub Segment Analysis
6.4.1. On-premise
6.4.2. Cloud
CHAPTER 7. GLOBAL PRODUCTION MONITORING MARKET, BY APPLICATION
7.1. Market Snapshot
7.2. Global Production Monitoring Market by Application, Performance - Potential Analysis
7.3. Global Production Monitoring Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Production Monitoring Market, Sub Segment Analysis
7.4.1. Business Process Optimization
7.4.2. Logistics and Supply Chain Management
7.4.3. Emergency and Incident Management
7.4.4. Automation and Control Management
CHAPTER 8. GLOBAL PRODUCTION MONITORING MARKET, BY ORGANIZATION SIZE
8.1. Market Snapshot
8.2. Global Production Monitoring Market by Organization Size, Performance - Potential Analysis
8.3. Global Production Monitoring Market Estimates & Forecasts by Organization Size 2020-2030 (USD Billion)
8.4. Production Monitoring Market, Sub Segment Analysis
8.4.1. Large Organization
8.4.2. Small & Medium Organization
CHAPTER 9. GLOBAL PRODUCTION MONITORING MARKET, BY INDUSTRY VERTICAL
9.1. Market Snapshot
9.2. Global Production Monitoring Market by Industry Vertical, Performance - Potential Analysis
9.3. Global Production Monitoring Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Billion)
9.4. Production Monitoring Market, Sub Segment Analysis
9.4.1. Oil & Gas
9.4.2. Chemical
9.4.3. Automotive
9.4.4. Energy & Power
9.4.5. Others
CHAPTER 10. GLOBAL PRODUCTION MONITORING MARKET, REGIONAL ANALYSIS
10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Production Monitoring Market, Regional Market Snapshot
10.4. North America Production Monitoring Market
10.4.1. U.S. Production Monitoring Market
10.4.1.1. Component breakdown estimates & forecasts, 2020-2030
10.4.1.2. Deployment Mode breakdown estimates & forecasts, 2020-2030
10.4.1.3. Application breakdown estimates & forecasts, 2020-2030
10.4.1.4. Organization Size breakdown estimates & forecasts, 2020-2030
10.4.1.5. Industry Vertical breakdown estimates & forecasts, 2020-2030
10.4.2. Canada Production Monitoring Market
10.5. Europe Production Monitoring Market Snapshot
10.5.1. U.K. Production Monitoring Market
10.5.2. Germany Production Monitoring Market
10.5.3. France Production Monitoring Market
10.5.4. Spain Production Monitoring Market
10.5.5. Italy Production Monitoring Market
10.5.6. Rest of Europe Production Monitoring Market
10.6. Asia-Pacific Production Monitoring Market Snapshot
10.6.1. China Production Monitoring Market
10.6.2. India Production Monitoring Market
10.6.3. Japan Production Monitoring Market
10.6.4. Australia Production Monitoring Market
10.6.5. South Korea Production Monitoring Market
10.6.6. Rest of Asia Pacific Production Monitoring Market
10.7. Latin America Production Monitoring Market Snapshot
10.7.1. Brazil Production Monitoring Market
10.7.2. Mexico Production Monitoring Market
10.8. Middle East & Africa Production Monitoring Market
10.8.1. Saudi Arabia Production Monitoring Market
10.8.2. South Africa Production Monitoring Market
10.8.3. Rest of Middle East & Africa Production Monitoring Market
CHAPTER 11. COMPETITIVE INTELLIGENCE
11.1. Key Company SWOT Analysis
11.1.1. Company
11.1.2. Company
11.1.3. Company
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Hitachi Ltd
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Recent Developments
11.3.2. Infosys Limited
11.3.3. Tesar S.r.l
11.3.4. Schlumberger Limited
11.3.5. Emerson Electric Co
11.3.6. ORDINAL Software - Groupe CODRA
11.3.7. Capgemini SE
11.3.8. Rockwell Automation Inc
11.3.9. Oracle Corporation
11.3.10. Siemens AG
CHAPTER 12. RESEARCH PROCESS
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
