"Smart Strategies, Giving Speed to your Growth Trajectory"

Production Monitoring Market Size, Share & Industry Analysis, By Component (Solution, Services), By Deployment (On-Premise, Cloud), By Application (Business Process Optimization , Logistics and Supply Chain Management , Emergency and Incident Management), By Industry (Oil & Gas, Chemical, Automotive, Energy & Power, Food & Beverage) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104920 | Status : Ongoing



The rapidly expanding manufacturing industry and industrial automation trend have significantly impacted the process monitoring systems market growth. Production monitoring in real-time is the on-site inspection of the products during the process of manufacturing. The real-time monitoring of product offers effective production efficiencies and consequently expand production capacities. It helps to ensure the quality of the product as per the customer's requirement. Thus, various industries including, energy & power, food & beverage, chemical, oil & gas, pharmaceutical, wastewater management, and others, are extensively adopting production monitoring solutions.

Production management collects data from various production line units and transmits it to the teams working on the production line. This data is then used for improving the efficiency of the production line, which is part of process optimization. The production monitoring system offers various post and pre-production benefits such as increased production time, quality control, reduced downtime, and reduced troubleshooting time, which further enhances the production monitoring system's significance across various end-use industries. Furthermore, the adoption of various emerging technologies such as cloud computing, artificial intelligence (AI), big data analysis, machine learning, virtual reality, and others are anticipated to offer lucrative growth opportunities for the market.

The growing adoption of the internet of things (IoT) based solution to monitor and control additive manufacturing processes would to drive the market growth. The government across various countries has increased expenditure for the manufacturing sector development, which would further impact the production monitoring market positively. Cumulative adoption of smart sensors, technology acceptance, and growing internet penetration are probable to support the global market growth. The production monitoring system helps operation managers to coordinate between floor performance, inventory management, and employee training. The system also allows managers to access the overall equipment effectiveness (OEE), which empowers them to know the need for maintenance and functional capacity. The capability of a production monitoring system to reduce overall operational cost by ensuring capacity building and business continuity likely to boost the market growth.

Key Market Driver -

• Trend of automation would to drive the global market growth • Significant demand for collaborative digital workflow is accelerating the market growth

Key Market Restraint -

• Higher cost and lack of skilled workforce is hampering the market growth.

Key Players Covered:

Various large and small enterprises operating the production monitoring market are adopting various organic and inorganic business strategies. Key players are planning to invest in research and development activities to meet customer demands. The development of new products helps market players to uplift their market position. Several vendors adopt ultimate business strategies like partnerships, collaborations, and business associations to enhance their product and business portfolio. Moreover, many vendors are continually investing efforts in developing their production monitoring solutions with advent technologies such as artificial intelligence, virtual reality, and others.

Prominent companies included in the global digital asset management market are Adam Software, Canto Inc., Celum, Cognizant Technology Solutions, OpenText Corporation, North Plains Systems, Oracle Corporation, QBank, Webdam Inc., Mediabeacon Inc., IBM Corporation, Widen Enterprises Inc., and among others.

Regional Analysis:

North America is probable to dominate the global production monitoring market in terms of revenue due to the significant adoption of automated manufacturing technologies. The region is leading in the adoption of factory automation, which would further likely to support overall market growth. The presence of significant market players will be anticipated to boost the production monitoring market growth.

Europe is anticipated to contribute a significant share in the global market, owing to the high presence of food and beverage companies in this region. Vendors are investing significantly to enhance their production and quality of products. This factor would substantially drive the production monitoring market growth across Europe.  

Asia Pacific is expected to register higher growth rates due to growing government expenditure on manufacturing and IT infrastructure. Rapid industrialization and increasing manufacturing facilities due to inexpensive workforce are driving the market growth across the Asia Pacific.

To gain extensive insights into the market, Request for Customization




By Component

  • Solution

    • Asset Management 

    • Data Management 

    • Smart Surveillance and Security

    • Mobile Workforce Management 

  • Services

    • Professional Services 

    • Managed Services 

By Deployment

  • On-Premise

  • Cloud

By Application

  • Business Process Optimization 

  • Logistics and Supply Chain Management 

  • Emergency and Incident Management 

  • Automation and Control Management

By Industry

  • Oil & Gas

  • Chemical

  • Automotive

  • Energy & Power

  • Food & Beverage

  • Aerospace & Defense

  • Healthcare & Life Sciences

  • Others

By Geography

  • North America (the United States, Canada, and Mexico)

  • South America (Brazil, Argentina, and Rest of South America)

  • Europe (the U.K., Germany, France, Italy, Spain, Russia, Benelux, Nordics, and Rest of Europe)

  • Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, and Rest of the Middle East & Africa)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)

Key Industry Developments:

  • March 2020: NEC Corporation signed an agreement with Siemens AG for using internet of things (IoT) to offer process monitoring and analytical solution for the manufacturing industry.

  • Ongoing
  • 2023
  • 2019-2022

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Information & Technology Clients

Bain & Company
Go daddy

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.