Production Monitoring Market Insights and Growth by 2031
The Production Monitoring Market is expected to register a CAGR of 8.1% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Production Monitoring Market report provides the complete study, which has been split by Component, Solution Type, Deployment Mode, and End-user Industry. Country by country segmentation gives you the global picture of the market. The segmentation data all in US dollars (US$) and CAGR for the forecast period. The study provides a complete understanding of the market trends, competitive landscape, and new trends affecting the production monitoring industry in different geographies and subsector.
Purpose of the ReportThe report Production Monitoring Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Production Monitoring Market Segmentation
Component- Solution
- Services
- Business Process Optimization
- Logistics and Supply Chain Management
- Automation and Control Management
- Emergency and Incident Management
- On-premise
- Cloud
- Automotive
- Aerospace and Defense
- Oil and Gas
- Chemical
- Electronics and Semiconductors
- Energy and Power
- Automotive
- Aerospace and Defense
- Oil and Gas
- Chemical
- Electronics and Semiconductors
- Energy and Power
Strategic Insights
Production Monitoring Market Growth Drivers- Demand for Operational Efficiency:Businesses of all kinds want to optimize the operations to save resources and eliminate waste, leading to adoption in the production monitoring market. Monitoring services in real-time save time and energy, and help companies save on costs and energy. For instance, more than 70% of the companies are already adopting smart factory solutions which is also driving market demand.
- The Application of IoT and AI Technologies together:With IoT and AI combined into production monitoring systems, real-time data collection and proactive maintenance can save on equipment failures by almost half. This is a technologically driven change for the betterment of the market and faster decision-making as part of Industry 4.0.
- Increase in Quality Criteria and Compliance:As industry regulators have been more rigourous in automotive, aerospace and healthcare industries, businesses now undertake high levels of production control to assure quality. The need for products’ consistency and traceability monitoring solutions has escalated this market size and market share.
- Shift Towards Predictive Maintenance:
Predictive maintenance is the rising trend in Production Monitoring Market. Production monitoring systems can also see pattern data to predict equipment failure in advance and eliminate downtime. This will increase the market size because more than half of the manufacturers are estimating predictive maintenance systems for the coming few years. - Growing Adoption of Artificial Intelligence and Machine Learning Tools:
ML and AI are being used in production monitoring to analyze data and take decisions on-demand. These tools enable the prediction and allow the manufacturer to take action to solve a problem as it arises. According to analysts, AI-based monitoring tools will take over most of the market shares in 2026 and drive the growth of the market. - Expansion of Cloud-Based Monitoring Solutions:
Scalability and accessibility are some of the reasons why production monitoring tools in the cloud become popular. These products let organizations get access to production data in real time anywhere in the world and are a great solution for companies with multiple locations. According to research, close to 70% of manufacturers will start using cloud-based monitoring system which will lead to growth of cloud-based solutions.
- Growing Use Case among Small and Medium Businesses (SMEs): SME’s have begun using production monitoring software in order to stay competitive and save money. With monitoring services growing cheaper and easier to get a handle on, they’re also becoming more popular among smaller enterprises. Since 40% of SMEs are currently in the demand of production data information, there are many prospects in the Production Monitoring Market.
- Increased Demand in Emerging Markets: New markets like Asia-Pacific and Latin America are looking at automation and digital transformation which opens the market for production monitoring solution providers. The more manufacturing activities these areas have, the more monitoring systems they need. For instance, China and India’s manufacturing industries will grow more than 30% in 10 years to propel market size there.
- Integration with Energy Management Solutions: Production monitoring systems have gotten integrated with energy management systems, allowing the manufacturers to save on energy and emissions. The application of this integration is most desirable for industries where the energy price is high, like automotive and chemicals. It is an attractive field in which firms seek to achieve sustainability objectives and more than 60% of manufacturers are exploring energy-saving solutions.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Production Monitoring Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Production Monitoring Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The market is expected to grow at a CAGR of 8.1% by 2031.
Production Monitoring Market growth is driven by the rising need for real-time data, efficiency improvements, and automation. Industries adopt monitoring solutions to reduce downtime, improve productivity, and ensure quality control.
Key trends in the Production Monitoring Market include increased adoption of IoT, AI-driven analytics, and cloud-based solutions, enabling real-time insights, predictive maintenance, and enhanced operational efficiency across industries.
Leading companies in this market are - Capgemini, Emerson Electric Co, Hitachi Vantara Corporation, InfinityQS, IQMS Dassault Systemes, Oracle Corporation, ORDINAL Software, PCE Instruments, Rockwell Automation Inc
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Production Monitoring Market - By Component
1.3.2 Production Monitoring Market - By Application
1.3.3 Production Monitoring Market - By Deployment
1.3.4 Production Monitoring Market - By Industry Vertical
1.3.5 Production Monitoring Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PRODUCTION MONITORING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. PRODUCTION MONITORING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. PRODUCTION MONITORING MARKET - GLOBAL MARKET ANALYSIS
6.1. PRODUCTION MONITORING - GLOBAL MARKET OVERVIEW
6.2. PRODUCTION MONITORING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. PRODUCTION MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.3.3. Asset Management Market
7.3.3.1. Overview
7.3.3.2. Asset Management Market Forecast and Analysis
7.3.4. Data Management Market
7.3.4.1. Overview
7.3.4.2. Data Management Market Forecast and Analysis
7.3.5. Smart Surveillance and Security Market
7.3.5.1. Overview
7.3.5.2. Smart Surveillance and Security Market Forecast and Analysis
7.3.6. Mobile Workforce Management Market
7.3.6.1. Overview
7.3.6.2. Mobile Workforce Management Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
7.4.3. Professional Services Market
7.4.3.1. Overview
7.4.3.2. Professional Services Market Forecast and Analysis
7.4.4. Managed Services Market
7.4.4.1. Overview
7.4.4.2. Managed Services Market Forecast and Analysis
8. PRODUCTION MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BUSINESS PROCESS OPTIMIZATION
8.3.1. Overview
8.3.2. Business Process Optimization Market Forecast and Analysis
8.4. LOGISTICS AND SUPPLY CHAIN MANAGEMENT
8.4.1. Overview
8.4.2. Logistics and Supply Chain Management Market Forecast and Analysis
8.5. AUTOMATION AND CONTROL MANAGEMENT
8.5.1. Overview
8.5.2. Automation and Control Management Market Forecast and Analysis
8.6. EMERGENCY AND INCIDENT MANAGEMENT
8.6.1. Overview
8.6.2. Emergency and Incident Management Market Forecast and Analysis
9. PRODUCTION MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
9.1. OVERVIEW
9.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
9.3. ON-PREMISE
9.3.1. Overview
9.3.2. On-premise Market Forecast and Analysis
9.4. CLOUD
9.4.1. Overview
9.4.2. Cloud Market Forecast and Analysis
10. PRODUCTION MONITORING MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1. OVERVIEW
10.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
10.3. AUTOMOTIVE
10.3.1. Overview
10.3.2. Automotive Market Forecast and Analysis
10.4. AEROSPACE AND DEFENSE
10.4.1. Overview
10.4.2. Aerospace and Defense Market Forecast and Analysis
10.5. OIL AND GAS
10.5.1. Overview
10.5.2. Oil and Gas Market Forecast and Analysis
10.6. CHEMICAL
10.6.1. Overview
10.6.2. Chemical Market Forecast and Analysis
10.7. ELECTRONICS AND SEMICONDUCTORS
10.7.1. Overview
10.7.2. Electronics and Semiconductors Market Forecast and Analysis
10.8. ENERGY AND POWER
10.8.1. Overview
10.8.2. Energy and Power Market Forecast and Analysis
10.9. OTHERS
10.9.1. Overview
10.9.2. Others Market Forecast and Analysis
11. PRODUCTION MONITORING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Production Monitoring Market Overview
11.1.2 North America Production Monitoring Market Forecasts and Analysis
11.1.3 North America Production Monitoring Market Forecasts and Analysis - By Component
11.1.4 North America Production Monitoring Market Forecasts and Analysis - By Application
11.1.5 North America Production Monitoring Market Forecasts and Analysis - By Deployment
11.1.6 North America Production Monitoring Market Forecasts and Analysis - By Industry Vertical
11.1.7 North America Production Monitoring Market Forecasts and Analysis - By Countries
11.1.7.1 United States Production Monitoring Market
11.1.7.1.1 United States Production Monitoring Market by Component
11.1.7.1.2 United States Production Monitoring Market by Application
11.1.7.1.3 United States Production Monitoring Market by Deployment
11.1.7.1.4 United States Production Monitoring Market by Industry Vertical
11.1.7.2 Canada Production Monitoring Market
11.1.7.2.1 Canada Production Monitoring Market by Component
11.1.7.2.2 Canada Production Monitoring Market by Application
11.1.7.2.3 Canada Production Monitoring Market by Deployment
11.1.7.2.4 Canada Production Monitoring Market by Industry Vertical
11.1.7.3 Mexico Production Monitoring Market
11.1.7.3.1 Mexico Production Monitoring Market by Component
11.1.7.3.2 Mexico Production Monitoring Market by Application
11.1.7.3.3 Mexico Production Monitoring Market by Deployment
11.1.7.3.4 Mexico Production Monitoring Market by Industry Vertical
11.2. EUROPE
11.2.1 Europe Production Monitoring Market Overview
11.2.2 Europe Production Monitoring Market Forecasts and Analysis
11.2.3 Europe Production Monitoring Market Forecasts and Analysis - By Component
11.2.4 Europe Production Monitoring Market Forecasts and Analysis - By Application
11.2.5 Europe Production Monitoring Market Forecasts and Analysis - By Deployment
11.2.6 Europe Production Monitoring Market Forecasts and Analysis - By Industry Vertical
11.2.7 Europe Production Monitoring Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Production Monitoring Market
11.2.7.1.1 Germany Production Monitoring Market by Component
11.2.7.1.2 Germany Production Monitoring Market by Application
11.2.7.1.3 Germany Production Monitoring Market by Deployment
11.2.7.1.4 Germany Production Monitoring Market by Industry Vertical
11.2.7.2 France Production Monitoring Market
11.2.7.2.1 France Production Monitoring Market by Component
11.2.7.2.2 France Production Monitoring Market by Application
11.2.7.2.3 France Production Monitoring Market by Deployment
11.2.7.2.4 France Production Monitoring Market by Industry Vertical
11.2.7.3 Italy Production Monitoring Market
11.2.7.3.1 Italy Production Monitoring Market by Component
11.2.7.3.2 Italy Production Monitoring Market by Application
11.2.7.3.3 Italy Production Monitoring Market by Deployment
11.2.7.3.4 Italy Production Monitoring Market by Industry Vertical
11.2.7.4 United Kingdom Production Monitoring Market
11.2.7.4.1 United Kingdom Production Monitoring Market by Component
11.2.7.4.2 United Kingdom Production Monitoring Market by Application
11.2.7.4.3 United Kingdom Production Monitoring Market by Deployment
11.2.7.4.4 United Kingdom Production Monitoring Market by Industry Vertical
11.2.7.5 Russia Production Monitoring Market
11.2.7.5.1 Russia Production Monitoring Market by Component
11.2.7.5.2 Russia Production Monitoring Market by Application
11.2.7.5.3 Russia Production Monitoring Market by Deployment
11.2.7.5.4 Russia Production Monitoring Market by Industry Vertical
11.2.7.6 Rest of Europe Production Monitoring Market
11.2.7.6.1 Rest of Europe Production Monitoring Market by Component
11.2.7.6.2 Rest of Europe Production Monitoring Market by Application
11.2.7.6.3 Rest of Europe Production Monitoring Market by Deployment
11.2.7.6.4 Rest of Europe Production Monitoring Market by Industry Vertical
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Production Monitoring Market Overview
11.3.2 Asia-Pacific Production Monitoring Market Forecasts and Analysis
11.3.3 Asia-Pacific Production Monitoring Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Production Monitoring Market Forecasts and Analysis - By Application
11.3.5 Asia-Pacific Production Monitoring Market Forecasts and Analysis - By Deployment
11.3.6 Asia-Pacific Production Monitoring Market Forecasts and Analysis - By Industry Vertical
11.3.7 Asia-Pacific Production Monitoring Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Production Monitoring Market
11.3.7.1.1 Australia Production Monitoring Market by Component
11.3.7.1.2 Australia Production Monitoring Market by Application
11.3.7.1.3 Australia Production Monitoring Market by Deployment
11.3.7.1.4 Australia Production Monitoring Market by Industry Vertical
11.3.7.2 China Production Monitoring Market
11.3.7.2.1 China Production Monitoring Market by Component
11.3.7.2.2 China Production Monitoring Market by Application
11.3.7.2.3 China Production Monitoring Market by Deployment
11.3.7.2.4 China Production Monitoring Market by Industry Vertical
11.3.7.3 India Production Monitoring Market
11.3.7.3.1 India Production Monitoring Market by Component
11.3.7.3.2 India Production Monitoring Market by Application
11.3.7.3.3 India Production Monitoring Market by Deployment
11.3.7.3.4 India Production Monitoring Market by Industry Vertical
11.3.7.4 Japan Production Monitoring Market
11.3.7.4.1 Japan Production Monitoring Market by Component
11.3.7.4.2 Japan Production Monitoring Market by Application
11.3.7.4.3 Japan Production Monitoring Market by Deployment
11.3.7.4.4 Japan Production Monitoring Market by Industry Vertical
11.3.7.5 South Korea Production Monitoring Market
11.3.7.5.1 South Korea Production Monitoring Market by Component
11.3.7.5.2 South Korea Production Monitoring Market by Application
11.3.7.5.3 South Korea Production Monitoring Market by Deployment
11.3.7.5.4 South Korea Production Monitoring Market by Industry Vertical
11.3.7.6 Rest of Asia-Pacific Production Monitoring Market
11.3.7.6.1 Rest of Asia-Pacific Production Monitoring Market by Component
11.3.7.6.2 Rest of Asia-Pacific Production Monitoring Market by Application
11.3.7.6.3 Rest of Asia-Pacific Production Monitoring Market by Deployment
11.3.7.6.4 Rest of Asia-Pacific Production Monitoring Market by Industry Vertical
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Production Monitoring Market Overview
11.4.2 Middle East and Africa Production Monitoring Market Forecasts and Analysis
11.4.3 Middle East and Africa Production Monitoring Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Production Monitoring Market Forecasts and Analysis - By Application
11.4.5 Middle East and Africa Production Monitoring Market Forecasts and Analysis - By Deployment
11.4.6 Middle East and Africa Production Monitoring Market Forecasts and Analysis - By Industry Vertical
11.4.7 Middle East and Africa Production Monitoring Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Production Monitoring Market
11.4.7.1.1 South Africa Production Monitoring Market by Component
11.4.7.1.2 South Africa Production Monitoring Market by Application
11.4.7.1.3 South Africa Production Monitoring Market by Deployment
11.4.7.1.4 South Africa Production Monitoring Market by Industry Vertical
11.4.7.2 Saudi Arabia Production Monitoring Market
11.4.7.2.1 Saudi Arabia Production Monitoring Market by Component
11.4.7.2.2 Saudi Arabia Production Monitoring Market by Application
11.4.7.2.3 Saudi Arabia Production Monitoring Market by Deployment
11.4.7.2.4 Saudi Arabia Production Monitoring Market by Industry Vertical
11.4.7.3 U.A.E Production Monitoring Market
11.4.7.3.1 U.A.E Production Monitoring Market by Component
11.4.7.3.2 U.A.E Production Monitoring Market by Application
11.4.7.3.3 U.A.E Production Monitoring Market by Deployment
11.4.7.3.4 U.A.E Production Monitoring Market by Industry Vertical
11.4.7.4 Rest of Middle East and Africa Production Monitoring Market
11.4.7.4.1 Rest of Middle East and Africa Production Monitoring Market by Component
11.4.7.4.2 Rest of Middle East and Africa Production Monitoring Market by Application
11.4.7.4.3 Rest of Middle East and Africa Production Monitoring Market by Deployment
11.4.7.4.4 Rest of Middle East and Africa Production Monitoring Market by Industry Vertical
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Production Monitoring Market Overview
11.5.2 South and Central America Production Monitoring Market Forecasts and Analysis
11.5.3 South and Central America Production Monitoring Market Forecasts and Analysis - By Component
11.5.4 South and Central America Production Monitoring Market Forecasts and Analysis - By Application
11.5.5 South and Central America Production Monitoring Market Forecasts and Analysis - By Deployment
11.5.6 South and Central America Production Monitoring Market Forecasts and Analysis - By Industry Vertical
11.5.7 South and Central America Production Monitoring Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Production Monitoring Market
11.5.7.1.1 Brazil Production Monitoring Market by Component
11.5.7.1.2 Brazil Production Monitoring Market by Application
11.5.7.1.3 Brazil Production Monitoring Market by Deployment
11.5.7.1.4 Brazil Production Monitoring Market by Industry Vertical
11.5.7.2 Argentina Production Monitoring Market
11.5.7.2.1 Argentina Production Monitoring Market by Component
11.5.7.2.2 Argentina Production Monitoring Market by Application
11.5.7.2.3 Argentina Production Monitoring Market by Deployment
11.5.7.2.4 Argentina Production Monitoring Market by Industry Vertical
11.5.7.3 Rest of South and Central America Production Monitoring Market
11.5.7.3.1 Rest of South and Central America Production Monitoring Market by Component
11.5.7.3.2 Rest of South and Central America Production Monitoring Market by Application
11.5.7.3.3 Rest of South and Central America Production Monitoring Market by Deployment
11.5.7.3.4 Rest of South and Central America Production Monitoring Market by Industry Vertical
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. PRODUCTION MONITORING MARKET, KEY COMPANY PROFILES
13.1. CAPGEMINI
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. EMERSON ELECTRIC CO.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. HITACHI VANTARA CORPORATION
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. INFINITYQS
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. IQMS (DASSAULT SYSTEMES)
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. ORACLE CORPORATION
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ORDINAL SOFTWARE
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PCE INSTRUMENTS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. ROCKWELL AUTOMATION, INC.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. TESAR S.P.A.
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1.Capgemini2.Emerson Electric Co.3.Hitachi Vantara Corporation4.InfinityQS5.IQMS (Dassault Systemes)6.Oracle Corporation7.ORDINAL Software8.PCE Instruments9.Rockwell Automation, Inc.10.Tesar S.p.A.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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