Product Code: ETC4401805 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Manufacturing Analytics market in India caters to the manufacturing sector`s need for data-driven optimization. It involves the analysis of data from production processes, supply chains, and equipment to improve operational efficiency, reduce costs, and enhance product quality.
The Manufacturing Analytics market in India is being propelled by the industry`s quest for operational optimization and cost reduction. Manufacturing organizations are leveraging analytics to improve production efficiency, reduce downtime, and enhance product quality. The adoption of technologies like the Industrial Internet of Things (IIoT) has made data collection from machinery and equipment more accessible, enabling better real-time decision-making. Furthermore, analytics in manufacturing helps in predictive maintenance, inventory management, and demand forecasting, all of which contribute to cost savings and increased competitiveness.
The India manufacturing analytics market faces several challenges. One significant challenge is the integration of analytics into traditional manufacturing processes. Many manufacturing units in India still rely on legacy systems and may lack the infrastructure needed for robust analytics implementation. Additionally, data quality and standardization are challenges due to disparate data sources and inconsistent data formats. Overcoming these issues is vital for achieving meaningful insights and efficiency gains in the manufacturing sector. There is also a need for upskilling the existing workforce to handle advanced analytics tools and techniques effectively.
The COVID-19 pandemic significantly influenced the India Manufacturing Analytics market. With supply chain disruptions and the need for operational optimization, manufacturing analytics solutions gained prominence. Manufacturers turned to analytics to monitor production processes, enhance supply chain visibility, and ensure operational efficiency. While some projects were temporarily postponed due to pandemic-related challenges, the importance of manufacturing analytics in building resilience and adaptability became evident. The market is expected to rebound as manufacturers prioritize analytics to navigate the post-pandemic manufacturing landscape.
In the India Manufacturing Analytics market, leading companies such as Siemens, IBM, and GE Digital provide advanced analytics solutions tailored for the manufacturing sector. These solutions optimize production processes, improve quality control, and enhance supply chain management, thus contributing to the efficiency and competitiveness of India manufacturing industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Manufacturing Analytics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Manufacturing Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 India Manufacturing Analytics Market - Industry Life Cycle |
3.4 India Manufacturing Analytics Market - Porter's Five Forces |
3.5 India Manufacturing Analytics Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 India Manufacturing Analytics Market Revenues & Volume Share, By Deployment Models, 2021 & 2031F |
3.7 India Manufacturing Analytics Market Revenues & Volume Share, By Applications , 2021 & 2031F |
3.8 India Manufacturing Analytics Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 India Manufacturing Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Manufacturing Analytics Market Trends |
6 India Manufacturing Analytics Market, By Types |
6.1 India Manufacturing Analytics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Manufacturing Analytics Market Revenues & Volume, By Type , 2021-2031F |
6.1.3 India Manufacturing Analytics Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 India Manufacturing Analytics Market Revenues & Volume, By Service, 2021-2031F |
6.2 India Manufacturing Analytics Market, By Deployment Models |
6.2.1 Overview and Analysis |
6.2.2 India Manufacturing Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.2.3 India Manufacturing Analytics Market Revenues & Volume, By On-demand, 2021-2031F |
6.3 India Manufacturing Analytics Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Manufacturing Analytics Market Revenues & Volume, By Predictive maintenance & asset management, 2021-2031F |
6.3.3 India Manufacturing Analytics Market Revenues & Volume, By Inventory management, 2021-2031F |
6.3.4 India Manufacturing Analytics Market Revenues & Volume, By Supply chain planning & procurement, 2021-2031F |
6.3.5 India Manufacturing Analytics Market Revenues & Volume, By Energy management, 2021-2031F |
6.3.6 India Manufacturing Analytics Market Revenues & Volume, By Emergency management, 2021-2031F |
6.3.7 India Manufacturing Analytics Market Revenues & Volume, By Sales & customer management, 2021-2031F |
6.4 India Manufacturing Analytics Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 India Manufacturing Analytics Market Revenues & Volume, By Automotive & aerospace manufacturing, 2021-2031F |
6.4.3 India Manufacturing Analytics Market Revenues & Volume, By Electronics equipment manufacturing, 2021-2031F |
6.4.4 India Manufacturing Analytics Market Revenues & Volume, By Food & beverages manufacturing, 2021-2031F |
6.4.5 India Manufacturing Analytics Market Revenues & Volume, By Chemicals & materials manufacturing, 2021-2031F |
6.4.6 India Manufacturing Analytics Market Revenues & Volume, By Machinery & industrial equipment manufacturing, 2021-2031F |
6.4.7 India Manufacturing Analytics Market Revenues & Volume, By Pharma and life sciences, 2021-2031F |
6.4.8 India Manufacturing Analytics Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 India Manufacturing Analytics Market Revenues & Volume, By Others, 2021-2031F |
7 India Manufacturing Analytics Market Import-Export Trade Statistics |
7.1 India Manufacturing Analytics Market Export to Major Countries |
7.2 India Manufacturing Analytics Market Imports from Major Countries |
8 India Manufacturing Analytics Market Key Performance Indicators |
9 India Manufacturing Analytics Market - Opportunity Assessment |
9.1 India Manufacturing Analytics Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 India Manufacturing Analytics Market Opportunity Assessment, By Deployment Models, 2021 & 2031F |
9.3 India Manufacturing Analytics Market Opportunity Assessment, By Applications , 2021 & 2031F |
9.4 India Manufacturing Analytics Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 India Manufacturing Analytics Market - Competitive Landscape |
10.1 India Manufacturing Analytics Market Revenue Share, By Companies, 2024 |
10.2 India Manufacturing Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |