Manufacturing Operations Management Market by Software (Human Machine Interface, Performance Analysis, Production Management), Organization Size (Large Enterprises, Small and Medium Enterprises), Services, End User - Global Forecast 2024-2030

Manufacturing Operations Management Market by Software (Human Machine Interface, Performance Analysis, Production Management), Organization Size (Large Enterprises, Small and Medium Enterprises), Services, End User - Global Forecast 2024-2030

The Manufacturing Operations Management Market size was estimated at USD 16.67 billion in 2023 and expected to reach USD 18.62 billion in 2024, at a CAGR 11.82% to reach USD 36.45 billion by 2030.

Manufacturing operations management (MOM) is an approach aimed at overseeing all aspects of the production process, ensuring efficiency, and maintaining optimal performance within a manufacturing facility. This encompasses managing production schedules, ensuring quality control, optimizing inventory levels, and integrating processes across various departments from the shop floor to the executive level. Technological advancements have introduced sophisticated software and automation tools that make MOM solutions more accessible and versatile. Growing competition in manufacturing sectors encourages companies to seek enhanced productivity and more stringent compliance with regulations, which MOM systems support. Additionally, the advent of Industry 4.0 and the Industrial Internet of Things (IIoT) has facilitated the integration of MOM with other technological innovations, leading to more connected and intelligent manufacturing environments. However, the significant initial investment required for software and training and the complexity of fully integrating MOM solutions with existing systems impedes their further utility and development. Advancements such as AI, ML, and predictive analytics can further develop the MOM systems. The increasing emphasis on sustainable manufacturing practices may also drive innovation within MOM to facilitate more environmentally friendly operations.

Regional Insights

In the Americas, particularly in the United States, there is a strong focus on the integration of IoT and AI to enhance operational efficiency and predictive maintenance. The manufacturing sector is marked by high customer expectations for customization and speed, prompting companies to adopt agile and lean manufacturing strategies. In the APAC region, characterized by China and India, the manufacturing landscape is notable for its massive scale production and labor-intensive operations. Factories in the region are gradually transitioning towards automation and smart manufacturing solutions, although at varied paces owing to differing levels of infrastructure and investment. The EMEA region, with Germany's Industry 4.0 at the forefront, exhibits robust adoption of digitization and automation in manufacturing operations, emphasizing robust quality control and sustainable manufacturing practices. European regulations such as GDPR also influence the way manufacturing data is managed. Companies in EMEA typically compete on quality and precision engineering, making their operations management highly compliant with stringent regulatory standards.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Manufacturing Operations Management Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Need for Real-Time Visibility in Manufacturing Operations
    • Development of Digitalization in Manufacturing Production
    • Growing Role of Smart Manufacturing Operations Management in Discrete Manufacturing and the Smart Factory
    • Market Restraints
      • High Initial Cost associated with the Implementation and Up-Gradation of Manufacturing Operation Management
      • Market Opportunities
        • Integration of Robotic Process Automation (RPA) and IoT
        • Emerging Popularity of Cloud-Based Manufacturing Operations Management
        • Market Challenges
          • AI Talent Gap Slowing Developments in Manufacturing Operations Management
          • Market Segmentation Analysis
            • Software: Use of performance analysis to gain data-driven insights to improve operational efficiency
            • End User: Inclusion of MOM in industrial manufacturing to boost machine performance and enable product customization
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Manufacturing Operations Management Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Manufacturing Operations Management Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Veryable Announces the Launch of New Workforce Management Tool for Manufacturing and Logistics
              
              Veryable, an innovator in the on-demand labor space, unveiled its latest advancement, the Workforce Management (WFM) tool, catering exclusively to the manufacturing and logistics industries. Developed with an acute understanding of the unique challenges in these sectors, the WFM tool is engineered to bolster operational efficiency and competitiveness.
              
              Accenture to Acquire OnProcess Technology to Enhance Supply Chain Operations Capabilities
              
              Accenture agreed to acquire OnProcess Technology, a provider of supply chain managed services, to help organizations refine processes, improve the way inventory is managed, and solve complex service challenges. With this acquisition, Accenture will enhance its supply chain capabilities, specifically in asset recovery and service supply chain management, making it easier for clients to manage service orders, drive returns, track movement, and ensure the appropriate reuse, disposal, or recycling of assets.
              
              One Network Enterprises and Optessa Partner to Offer Transformative Supply Chain Management Services to Optimize Manufacturing
              
              One Network Enterprises and Optessa Inc. announced a partnership that transforms supply chain management by integrating ONE’s intelligent control towers with Optessa's advanced manufacturing planning and scheduling systems. This collaboration delivers an unparalleled end-to-end supply chain solution, enabling manufacturers and suppliers to orchestrate material and production plans with newfound precision.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Manufacturing Operations Management Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Manufacturing Operations Management Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Aegis Industrial Software Corporation, ANASOFT APR, spol. s r.o, Aspen Technology, Inc., AVEVA Group PLC by Schneider Electric SE, Binmile Technologies Pvt. Ltd., Critical Manufacturing S.A. by ASM Pacific Technology Limited, Dassault Systèmes SE, Descartes Systems Group, Emerson Electric Co., Epicor Software Corporation, EpsilonSys Software inc., General Electric Company, Honeywell International Inc., iBASEt, Infor, International Business Machines Corporation, Katana Technologies OÜ, Leading2Lean, LLC, MasterControl, Inc., Microsoft Corporation, Oracle Corporation, Procuzy by Moraabh Ventures Private Limited, Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, SYSPRO Proprietary Limited, and TRooTech Business Solutions.
            
            Market Segmentation & Coverage
            
            This research report categorizes the Manufacturing Operations Management Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Software
              • Human Machine Interface
              • Performance Analysis
              • Production Management
              • Quality and Compliance
              • Organization Size
                • Large Enterprises
                • Small and Medium Enterprises
                • Services
                  • Consulting
                  • Implementation
                  • Performance Assessment & Tuning
                  • Product Upgrade & Testing
                  • Training
                  • End User
                    • Automotive
                    • Chemical
                    • Consumer Goods
                    • Food & Beverages
                    • Healthcare & Pharmaceuticals
                    • Industrial Equipment
                    • Region
                      • Americas
                        • Argentina
                        • Brazil
                        • Canada
                        • Mexico
                        • United States
                          • California
                          • Florida
                          • Illinois
                          • New York
                          • Ohio
                          • Pennsylvania
                          • Texas
                          • Asia-Pacific
                            • Australia
                            • China
                            • India
                            • Indonesia
                            • Japan
                            • Malaysia
                            • Philippines
                            • Singapore
                            • South Korea
                            • Taiwan
                            • Thailand
                            • Vietnam
                            • Europe, Middle East & Africa
                              • Denmark
                              • Egypt
                              • Finland
                              • France
                              • Germany
                              • Israel
                              • Italy
                              • Netherlands
                              • Nigeria
                              • Norway
                              • Poland
                              • Qatar
                              • Russia
                              • Saudi Arabia
                              • South Africa
                              • Spain
                              • Sweden
                              • Switzerland
                              • Turkey
                              • United Arab Emirates
                              • United Kingdom
                              
                              
                              Please Note: PDF & Excel + Online Access - 1 Year