Market Overview:
The global manufacturing assets management system market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The market growth is attributed to the increasing demand for real-time location systems (RTLS) and radio frequency identification (RFID) in various applications such as retail, healthcare, transportation and logistics, industrial manufacturing, and others. North America dominates the global manufacturing assets management system market followed by Europe and Asia Pacific.
Product Definition:
A Manufacturing Assets Management System (MAMS) is a software system that enables an organization to manage its physical assets, including production equipment and tools, as well as the related data. The purpose of a MAMS is to improve asset utilization and help ensure that critical assets are available when needed. A MAMS can also help reduce costs by optimizing inventory levels and improving maintenance schedules.
Radio Frequency Identification:
Radio frequency identification (RFID) is a technology that enables the tracking of objects using radio waves. It works on the principle of electromagnetic induction, where an RFID tag, which is usually attached to the object to be tracked, generates a signal and reflects it towards an antenna which is connected to a computer system. The reflected signal from the tag acts as input data for analysis by software programs installed in computers.
Real-Time Location System:
Real-time location system (RTLS) is a technology that enables real-time tracking of objects for security, safety and logistics purposes. It uses radio frequency identification to track and locate objects. RTLS can be used in various applications such as inventory control, palletizing & depalletizing, picking optimization and just in time manufacturing (JIT).
Application Insights:
The global manufacturing assets management system market is segmented by application into retail, healthcare, transportation and logistics, industrial manufacturing, other applications. The other applications include oil and gas sector. The retail segment dominated the overall market in terms of revenue in 2017 owing to the increasing demand for e-commerce has led to an increase in the number of supply chain activities such as order picking and warehousing & distribution which are managed through RFID technology globally.
The healthcare segment is expected to witness a lucrative CAGR over the forecast period due to various factors such as increased need for managing inventory across departments; tracking materials used throughout clinical trials; reducing medical waste generation; improving patient safety by reducing medication errors caused due to human errors during data entry & processing at hospitals & clinics. Furthermore, growing investments by governments worldwide towards developing advanced technologies that can improve public health outcomes will boost industry growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional segment over the forecast period. The growth can be attributed to increasing industrialization and rising demand for efficient production facilities in this region. Furthermore, growing investments in automation are also expected to drive market growth over the forecast period.
The Asia Pacific manufacturing assets management system market accounted for a revenue share of 23% in 2017 owing to its large size and high concentration of manufacturing industries across countries such as China, India, Japan, South Korea, Taiwan among others.
North America was valued at USD X billion owing to its well-established logistics sector that supports efficient distribution networks across countries such as United States.
Growth Factors:
- Increasing demand for automation in manufacturing sector to improve efficiency and productivity
- Rising need to optimize asset utilization and improve return on investment (ROI)
- Proliferation of Industrial Internet of Things (IIoT) and big data analytics for better decision-making
- Growing trend of modularization and customization in manufacturing industry
- Emergence of cloud-based Manufacturing Assets Management Systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Manufacturing Assets Management System Market Research Report
By Type
Radio Frequency Identification, Real-Time Location System, Barcode, Global Positioning System
By Application
Retail, Healthcare, Transportation and Logistics, Industrial Manufacturing, Other
By Companies
Zebra Technologies Corporation, Stanley Black and Decker, Sato Holdings Corporation, Honeywell International, Datalogic, Trimble, TomTom International, Topcon Corporation, Ubisense Group, Mojix, Impinj
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Manufacturing Assets Management System Market Report Segments:
The global Manufacturing Assets Management System market is segmented on the basis of:
Types
Radio Frequency Identification, Real-Time Location System, Barcode, Global Positioning System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Healthcare, Transportation and Logistics, Industrial Manufacturing, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zebra Technologies Corporation
- Stanley Black and Decker
- Sato Holdings Corporation
- Honeywell International
- Datalogic
- Trimble
- TomTom International
- Topcon Corporation
- Ubisense Group
- Mojix
- Impinj
Highlights of The Manufacturing Assets Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Radio Frequency Identification
- Real-Time Location System
- Barcode
- Global Positioning System
- By Application:
- Retail
- Healthcare
- Transportation and Logistics
- Industrial Manufacturing
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Manufacturing Assets Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Manufacturing Assets Management System (MAMS) is a software application that helps companies manage their manufacturing assets. MAMS can help identify and track the location, condition, and use of manufacturing equipment and materials. MAMS can also help plan for future needs by forecasting production volumes and inventory levels.
Some of the major players in the manufacturing assets management system market are Zebra Technologies Corporation, Stanley Black and Decker, Sato Holdings Corporation, Honeywell International, Datalogic, Trimble, TomTom International, Topcon Corporation, Ubisense Group, Mojix, Impinj.
The manufacturing assets management system market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Manufacturing Assets Management System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Manufacturing Assets Management System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Manufacturing Assets Management System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Manufacturing Assets Management System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Manufacturing Assets Management System Market Size & Forecast, 2020-2028
4.5.1 Manufacturing Assets Management System Market Size and Y-o-Y Growth
4.5.2 Manufacturing Assets Management System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Radio Frequency Identification
5.2.2 Real-Time Location System
5.2.3 Barcode
5.2.4 Global Positioning System
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Healthcare
6.2.3 Transportation and Logistics
6.2.4 Industrial Manufacturing
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Manufacturing Assets Management System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Manufacturing Assets Management System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Radio Frequency Identification
9.6.2 Real-Time Location System
9.6.3 Barcode
9.6.4 Global Positioning System
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Healthcare
9.10.3 Transportation and Logistics
9.10.4 Industrial Manufacturing
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Radio Frequency Identification
10.6.2 Real-Time Location System
10.6.3 Barcode
10.6.4 Global Positioning System
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Healthcare
10.10.3 Transportation and Logistics
10.10.4 Industrial Manufacturing
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Radio Frequency Identification
11.6.2 Real-Time Location System
11.6.3 Barcode
11.6.4 Global Positioning System
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Healthcare
11.10.3 Transportation and Logistics
11.10.4 Industrial Manufacturing
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Radio Frequency Identification
12.6.2 Real-Time Location System
12.6.3 Barcode
12.6.4 Global Positioning System
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Healthcare
12.10.3 Transportation and Logistics
12.10.4 Industrial Manufacturing
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Radio Frequency Identification
13.6.2 Real-Time Location System
13.6.3 Barcode
13.6.4 Global Positioning System
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Healthcare
13.10.3 Transportation and Logistics
13.10.4 Industrial Manufacturing
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Manufacturing Assets Management System Market: Competitive Dashboard
14.2 Global Manufacturing Assets Management System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zebra Technologies Corporation
14.3.2 Stanley Black and Decker
14.3.3 Sato Holdings Corporation
14.3.4 Honeywell International
14.3.5 Datalogic
14.3.6 Trimble
14.3.7 TomTom International
14.3.8 Topcon Corporation
14.3.9 Ubisense Group
14.3.10 Mojix
14.3.11 Impinj
