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

[190 Pages Report] 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.

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.

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

• Software: Use of performance analysis to gain data-driven insights to improve operational efficiency

  Human machine interfaces (HMIs) are crucial for modern manufacturing operations as they provide a user-friendly interface between the operator and the machine or system. HMIs allow for real-time data monitoring, control, and management of manufacturing equipment. They facilitate easier interpretation of machine data, thereby improving efficiency and minimizing errors. Companies often prioritize HMIs that are intuitive, customizable, and can seamlessly integrate with other systems. Performance analysis software offers insights into the production process by tracking real-time data on machine efficiency, energy consumption, and optimization opportunities. This enables businesses to identify bottlenecks, reduce downtime, and improve overall productivity. Key considerations when selecting performance analysis tools are the ability to integrate with existing equipment and the comprehensiveness of reporting features. Production management software is vital for planning, scheduling, and managing manufacturing operations to enhance production flow and meet business targets. Quality and compliance software ensures that manufactured products meet industry standards and regulations. Critical elements of such software include capabilities for documentation management, audit trails, and corrective and preventive actions (CAPA). Industries with particularly stringent standards, such as pharmaceuticals and food and beverage, demonstrate a higher need for robust quality management systems (QMS).

• End User: Inclusion of MOM in industrial manufacturing to boost machine performance and enable product customization

  The automotive industry requires manufacturing operations management solutions that can streamline production, reduce waste, and enhance quality control across all stages of vehicle production. With an emphasis on automation and lean manufacturing, automotive manufacturers prioritize MOM systems that support just-in-time inventory management and integrated supply chains. In the chemical sector, precision and compliance with strict regulatory standards are paramount. Manufacturing operations management in this sector focuses on maintaining batch consistency and traceability and ensuring the safe handling of materials. The consumer goods industry deals with a wide range of products, driving a need for versatility in manufacturing operations management. Food and beverage manufacturers need to ensure the highest quality standards while operating within narrow profit margins. These sectors require management solutions that can oversee complex recipes, monitor shelf-life, and trace ingredients from source to table. Accuracy, compliance, and unwavering quality control define the healthcare and pharmaceutical manufacturing sector. Operation management solutions are tailored to support meticulous documentation, validation procedures, and rigorous testing. Manufacturers of industrial equipment focus on customizability and robustness in their manufacturing operations management. They bank on solutions that accommodate made-to-order production, complex assembly lines, and long product lifecycles.

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Manufacturing Operations Management Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

The value chain of the Manufacturing Operations Management Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of theManufacturing Operations Management Market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

The regulatory framework analysis for the Manufacturing Operations Management Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

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.

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).

• 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. [Published On: January 17, 2024]

• 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. [Published On: October 31, 2023]

• 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. [Published On: August 22, 2023]

The report delves into recent significant developments in the Manufacturing Operations Management Market, highlighting leading vendors and their innovative profiles. These include SAP SE, MasterControl, Inc., Schneider Electric SE, SYSPRO Proprietary Limited, Oracle Corporation, ABB Ltd., Epicor Software Corporation, General Electric Company, Rockwell Automation, Inc., Procuzy by Moraabh Ventures Private Limited, International Business Machines Corporation, Infor, Honeywell International Inc., Aegis Industrial Software Corporation, Leading2Lean, LLC, Katana Technologies OÜ, AVEVA Group PLC by Schneider Electric SE, TRooTech Business Solutions, Critical Manufacturing S.A. by ASM Pacific Technology Limited, ANASOFT APR, spol. s r.o, Microsoft Corporation, Emerson Electric Co., Aspen Technology, Inc., Dassault Systèmes SE, Binmile Technologies Pvt. Ltd., Descartes Systems Group, EpsilonSys Software inc., iBASEt, and Siemens AG.

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

1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

1. What is the current market size and projected growth?
2. Which products, segments, applications, and regions offer promising investment opportunities?
3. What are the prevailing technology trends and regulatory frameworks?
4. What is the market share and positioning of the leading vendors?
5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?