Technology

Global Manufacturing Operations Management (MOM) Software Market – Valuable Growth Prospects and Insights on Future Scenario

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Manufacturing Operations Management Software Market – Valuable Growth Prospects and Insights on Future Scenario”. The fact-based research report on the global Manufacturing Operations Management Software market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

Manufacturing companies face challenges in increasing manufacturing profitability, obtaining higher return on assets, lowering business risk, and improving customer relationship processes. Companies started adopting Manufacturing Execution Systems (MES) to overcome these business challenges, which turned out to be a traditional approach toward handling the operations in manufacturing companies. These companies then started investing in IT solutions that enhanced the traditional Manufacturing Execution Systems (MES) in order to attain better quality, lean manufacturing systems, and enhanced labor and production management processes. Manufacturing Operations Management (MOM) is one such innovation that helps manufacturing companies to improve the performance in terms of revenue and productivity. Manufacturing Operations Management (MOM) software is termed as the advanced version of MES that provides critical support and enhances industrial/manufacturing processes and procedures.

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The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. The report also provides the ecosystem analysis for the Manufacturing Operations Management (MOM) software market. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth.

The Manufacturing Operations Management (MOM) software market is segmented by component, functionality, enterprise size, and industry. By component, the market is segmented into software and professional services. Software segment is further bifurcated into on-premise and cloud-based. Professional services include consulting, integration and maintenance. Based on functionality, the market is segmented into inventory management, labor management, manufacturing execution system, process & production intelligence, quality process management, and others. By enterprise size, the market is segmented into small & medium size enterprises and large enterprises. On the basis of industry, the global MOM software market is bifurcated into automotive, chemical, healthcare & pharmaceuticals, food & beverages, consumer goods, aerospace & defense, industrial equipment, and others. Revenue data is estimated for all the above mentioned segments.

The report also includes competitive profiling of key players associated with the market around the globe. The important business strategies adopted by leading players, their market positioning, financials, SWOT analysis, and recent developments have been identified in the research report. The competitive landscape section of the report also gives an overview about the major contributing regions/countries by these key players in order to strengthen their market position in the future.

The Manufacturing Operations Management (MOM) software market data estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the MOM software market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research, is again discussed and examined by our expert panel. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding purposes. Secondary research also includes a study of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

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Major strategies adopted by Manufacturing Operations Management (MOM) software providers include strategic acquisitions and partnerships. During the forecast period, it is estimated that established players in the market would either get merged into large enterprises or would give tough competition to emerging players in the market. It is estimated that large MOM software vendors would acquire regional players to improve their distribution networks in the domestic as well as international markets. Details such as financials, business strategies, SWOT analysis, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling. 

Market Segmentation: Global Manufacturing Operations Management (MOM) Software Market

By Component

Software

On-Premise

Cloud-based

Professional Services

By Functionality

Inventory Management

Labor Management

Manufacturing Execution System (MES)

Process and Production Intelligence

Quality Process Management

Others (Planning, Scheduling & Dispatching etc.)

By Enterprise Size

Small & Medium Enterprises (SME’s)

Large Enterprises

By Industry

Automotive

Chemical

Healthcare and Pharmaceuticals

Food and Beverages

Consumer Goods

Aerospace and Defense

Industrial Equipment

Others (Oil and Gas, Metal and Mining etc.)

In addition, the report provides analysis of the Manufacturing Operations Management (MOM) software market with respect to the following geographic segments:

North America

The U.S.

Canada

Rest of North America

Europe

The U.K.

Germany

France

Rest of Europe

Asia Pacific (APAC)

China

India

Japan

Rest of Asia Pacific

Middle East & Africa (MEA)

GCC Countries

South Africa

Rest of MEA

South America

Brazil

Rest of South America

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