Global Enterprise Manufacturing Intelligence Market Key Trends, Size, Growth, Shares and Forecast Research Report 2016-2020

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Date Submitted: 12/01/2015 11:24 PM

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Researchmoz added Most up-to-date research on "Global Enterprise Manufacturing Intelligence Market 2016-2020" to its huge collection of research reports.

Technavios market research analyst predicts the global EMI market to grow steadily at a CAGR of around 11% during the forecast period. The need to raise productivity in manufacturing is the primary growth driver for this market. Conventional manufacturing processes and business strategies can no longer match a companys productivity targets. As a result, manufacturers are innovating business models and products and are framing new business policies to enhance the manufacturing processes. For instance, Rockwells FactoryTalk offers new ways to boost production, reduce costs, and improve product quality. This software offers users comprehensive insight into existing equipment and identifies the main causes of downtime and loss of productivity, thereby modernizing the manufacturing process

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The growth of big data analytics is expected to boost the market growth during the forecast period. Industries such as automotive, electrical, consumer packaged goods, pharmaceuticals, aerospace and defense, and oil and gas generate large volumes of plant-floor system data and enterprise-level data. The integration of big data analytics with the EMI software helps an enterprise to identify, analyze, and mitigate various issues and faults in the manufacturing unit. It boosts productivity in real time and enables effective and efficient data sharing between business units within an enterprise or a production plant to facilitate product development or service management.

End-user segmentation and analysis of the EMI market

Process industries

Discrete industries

Discrete industries accounted for around 60% of the market share during 2015. Price pressures have compelled the discrete manufacturing sectors to innovate continuously...