In Europe, the industry of manufacturing is
set to be the main engine for the economic growth of the region. It deliver the
huge business opportunities for domestic and international players and also a
bundle of employment opportunities. Not only has this, in the present era, the
acceptance or implementation of most of the new and innovated technologies has
been transforming the landscape of the manufacturing industry. Over the coming
years, this region is anticipated to become the manufacturing powerhouse
because of the growing government initiatives, implementation of the Industrial
Internet of Things, mergers and acquisitions and strategic collaboration in the
industry of manufacturing. Furthermore, the skilled resources, good
infrastructure connectivity, and growing economic conditions in major countries
(e.g. Poland) have made the manufacturing industry to be highly competitive and
also brought a bundle of business opportunities for SMEs and larger
enterprises. The key players of this market are dominating the huge market
share in the region with the adoption of new and effective technologies for
providing more livelihood and employment to the population which further proved
to be beneficial for leading the fastest market growth in the near future.
According to the report analysis, ‘Europe
Enterprise Manufacturing Intelligence Market 2016-2022’ it is states
that there are several key players which are recently functioning in this
sector more significantly for dominating the huge market share in this region
with the significant development in the technology includes ABB Ltd, Rockwell
Automation, Siemens, Schneider Electric SE, General Electric GE, Oracle
Corporation, SAP SE, Honeywell Inc, HP Inc, Iconics Inc, Parsec Automation
Corp, Acumence Inc. Moreover, the larger enterprises are shifting towards the implementation
of sensor technologies in internal and external (plants) business premises in
order to process the real-time information about their manufacturing
procedures. Not only has this, the manufacturing industry remains as an
attractive industry for stakeholders (service providers, solution providers,
technology providers, etc.). Hence, in the near future the market of enterprise
manufacturing intelligence will rise more effectively.
Additionally, the manufacturers are required
to have a complete brightness of their whole manufacturing operation units in
direction to admittance the real-time information, decrease the operation
costs, and to take effective decisions to reach their business level. However,
the growing acceptance of smart technology/sensor technology and robotics will
further boom up the implementation rate of EMI.
The Europe EMI market is anticipated to
increase at a CAGR of 18.3% during the forecast period 2016-2022. Moreover, the
market of Enterprise manufacturing intelligence in Europe is segmented into
four segments which includes product type, enterprise type, industry type, and
countries. The product sector covers software and services. The services sector
is further split into consulting services, integration services, and maintenance
services. Whereas, on the basis of geography, the market of this is spread
across the Europe which include Germany, the UK, Poland, Italy, France, the
Netherlands, and Czech Republic. Furthermore, the rising massive amount of data
in manufacturing industries, limited government regulations and growing
investment in new innovations and acceptance of advanced technologies have led
the requirement of EMI. Hence, in the coming years, it is expected that the
market of enterprise manufacturing intelligence will increase more effectively
in Europe over the recent few years.
For more information, click on the
link below:
Contact Us:
Ken
Research
Ankur
Gupta, Head Marketing & Communications
+91
9015378249