In July 2024, global industrial production, excluding the United States, increased by 1.5 percent compared to the same time in the previous year, based on three month moving averages. This is compared to an increase of 0.2 percent in advanced economies (excluding the United States) for the same time period. The global industrial production collapsed after the outbreak of COVID-19, but increased steadily in the months after, peaking at 23 percent in June 2021. Industrial growth rate tracks the output production in the industrial sector.

Global Manufacturing Analytics Market size was valued at USD 10.6 Billion in 2022 and is poised to grow from USD 12.8 Billion in 2023 to USD 58.06 Billion by 2031, at a CAGR of 20.8% during the forecast period (2024-2031).

European Union manufacturing output for 2023 was 2.757 trillion US dollars, a 9.1% increase from 2022.

<ul style='margin-top:20px;'>

<li>European Union manufacturing output for 2022 was <strong>2.527 trillion US dollars</strong>, a <strong>2.15% decline</strong> from 2021.</li>
<li>European Union manufacturing output for 2021 was <strong>2.582 trillion US dollars</strong>, a <strong>14.36% increase</strong> from 2020.</li>
<li>European Union manufacturing output for 2020 was <strong>2.258 trillion US dollars</strong>, a <strong>3.79% decline</strong> from 2019.</li>
</ul>Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

The size and share of this market is categorized based on Type (Real-Time Monitoring, Production Tracking, Quality Management, Work Order Management) and Application (Production Optimization, Process Monitoring, Quality Assurance, Resource Management) and geographical regions (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).

According to Cognitive Market Research, the worldwide manufacturing software market will be worth USD 16151.2 million in 2024 and expand at a compound annual growth rate (CAGR) of 13.3% from 2024 to 2031.

North America held the major market share of more than 40% of the worldwide revenue with a market size of USD 6460.48 million in 2024 and will expand at a CAGR or compound annual growth rate of 11.50% from 2024 to 2031.
Europe accounts for over 30% of the worldwide USD 4845.36 million market size.
Asia Pacific held a market of around 23% of the worldwide revenue with a market size of USD 3714.78 million in 2024 and will expand at a CAGR or compound annual growth rate of 15.30% from 2024 to 2031.
Latin America's Market will have more than 5% of the worldwide revenue with a market size of USD 807.56 million in 2024 and will grow at a CAGR or compound annual growth rate of 12.70% from 2024 to 2031.
Middle East and Africa held the major market share of around 2% of the worldwide revenue with a worldwide market estimation of USD 323.02 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.00% from 2024 to 2031.
The Automotive & Aerospace category held the highest Manufacturing Software market revenue share in 2024.

Key Drivers of Manufacturing Software Market

Growing Digital Technology with the Introduction of Industry 4.0 to Increase the Demand Worldwide

Manufacturers were forced to embrace digital technology with the introduction of Industry 4.0, which made operational and production efficiencies possible. Making judgments based on real-time information analysis and action makes operations function more smoothly and economically. MOM software aids the digitalization of manufacturing procedures and data into a single, integrated system. It also aids in planning and scheduling, scientific and technological (R&D) project management, and advancing execution systems.

Surge in Augmented Reality (AR) and IoT to Propel Market Growth

Manufacturers may complete their tasks more quickly and precisely with AR and IoT. They have access to task directions, checklists, methods for troubleshooting, and live video support from professionals located far away. Manufacturing management is made possible for organizations by MOM software and AI analytics. Additionally, a business reduces raw material waste and damage. Better items will result from this. Enhanced productivity also enhances the general quality and uniformity of the output. Therefore, the authorities adopted the Manufacturing Intelligence system at Denmark's Svebølle-Viskinge district heating facility to achieve these targets and increase operational efficiency. With the aid of the solution, the district heating plant may lower its loss to 33%, or 500 MWh, which is approximately $14,000 in fuel.

Restraint Factors Of Manufacturing Software Market

Insufficient Funding and Subpar Software Training Aids Limit Sales

An employee has to be sufficiently knowledgeable about the entire process to set up new Software and create an efficient onboarding strategy. Employees require regular instruction on fresh functions and processes beyond the first onboarding. Given the availability of MOM tools, employee productivity may improve if staff members are properly trained. A digital adoption platform is a tried-and-true method for smoothly and swiftly onboarding new software users. Employee opposition to new software implementation may arise from those who are content with the current system and are unwilling to learn new procedures. Staff must be well-trained for the adjustments beforehand.

Impact of COVID-19 on Manufacturing Software Market

The COVID-19 pandemic's severe lockdown and social distancing measures have affected the global supply chain. Technology significantly contributed to streamlining the entire manufacturing process during COVID-19 through the combination of real-time data with superior technological resources like sophisticated analytics, machine learning, artificial intelligence, cloud technologies, and others. These tools proved invaluable when conventional manufacturing operation management systems proved ineffective. It, therefore, promoted process digitalization and automation and raised organizational efficiency. Introduction of the Manufacturing Software Market

Activities that enhance production, inventory...

Success.ai’s LinkedIn Company Data for Global Manufacturing Professionals provides a robust dataset designed for businesses aiming to connect with decision-makers and professionals in the manufacturing sector worldwide. Covering roles such as plant managers, supply chain leaders, production heads, and operations executives, this dataset offers verified LinkedIn profiles, work emails, and comprehensive professional insights.

With access to over 700 million verified global profiles, Success.ai ensures your outreach, market research, and partnership strategies are driven by accurate, continuously updated, and AI-validated data. Backed by our Best Price Guarantee, this solution empowers you to thrive in the competitive and evolving manufacturing industry.

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The smart manufacturing market size was valued at USD 144.4 billion in 2024 and is expected to secure a valuation of USD 1.8 trillion in 2037, expanding at a CAGR of 21.5% during the forecast period, i.e., 2025-2037. North America industry is expected to hold a revenue share of 35% in the global market during the analysis period, owing to the strong presence of advanced technology providers.

Manufacturing Inventory Software Market Outlook

The global manufacturing inventory software market size was estimated at USD 2.5 billion in 2023, and it is projected to reach USD 5.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.2% during the forecast period. The robust growth of this market can be attributed to the increasing need for efficient inventory management solutions and the growing adoption of digital technologies in the manufacturing sector. Companies across various industries are increasingly deploying inventory software to streamline their operations, minimize costs, and enhance overall productivity.

One of the primary growth factors propelling the market is the increasing complexity of supply chains. As global supply chains become more intricate, manufacturers are seeking advanced inventory management systems that can provide real-time visibility into their operations. This need for visibility and control is driving the adoption of sophisticated software solutions, which not only help in tracking inventory levels but also forecast demand and optimize stock levels, thereby reducing wastage and improving efficiency. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) is enhancing the capabilities of inventory software, making it more predictive and adaptive to market changes.

Another significant growth driver is the rising adoption of cloud-based solutions. Cloud deployment offers several advantages such as scalability, flexibility, and cost-effectiveness, which are particularly beneficial for small and medium enterprises (SMEs). These businesses often face budget constraints and lack the infrastructure to deploy on-premises solutions. Cloud-based inventory software allows SMEs to access advanced functionalities without significant upfront investments. Furthermore, the cloud model supports remote access, enabling businesses to manage their inventory from any location, which is particularly advantageous in the current scenario where remote work has become prevalent.

The increasing focus on regulatory compliance is also contributing to market growth. Manufacturers are required to adhere to various industry-specific regulations and standards. Inventory management software helps in maintaining accurate records, ensuring traceability, and generating compliance reports, thereby reducing the risk of non-compliance. This is especially crucial in industries such as pharmaceuticals and food & beverage, where stringent regulatory requirements necessitate precise inventory tracking and management.

In the realm of modern manufacturing, the role of Manufacturing Management Software has become increasingly pivotal. This software serves as a backbone for manufacturers, providing comprehensive solutions that integrate various facets of production, from planning and scheduling to quality control and maintenance. By leveraging such software, manufacturers can achieve greater visibility and control over their operations, leading to improved efficiency and reduced downtime. The ability to monitor production processes in real-time and make data-driven decisions is transforming how manufacturers operate, allowing them to respond swiftly to market demands and maintain a competitive edge. Furthermore, the integration of advanced technologies such as IoT and AI within Manufacturing Management Software is enabling predictive maintenance and smart manufacturing, further enhancing operational capabilities.

From a regional perspective, North America is leading the market, driven by the presence of advanced manufacturing industries and early adoption of technology. The region's strong economic landscape and supportive regulatory environment further augment market growth. Asia Pacific is expected to witness the highest growth rate during the forecast period, owing to rapid industrialization, increasing investments in manufacturing, and growing adoption of digital solutions. Countries like China and India are becoming key markets due to their expanding manufacturing sectors and favorable government initiatives promoting digital transformation.

Component Analysis

The manufacturing inventory software market is segmented by components into software and services. The software segment holds the larger share, driven by the increasing demand for advanced inventory management solutions that offer real-time tracking, forecasting, and analytics. These software solutions are becoming indisp

United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data was reported at 11.601 % in 2016. This records a decrease from the previous number of 11.919 % for 2015. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 12.807 % from Dec 1997 (Median) to 2016, with 20 observations. The data reached an all-time high of 16.022 % in 1997 and a record low of 11.601 % in 2016. United States US: GDP: % of GDP: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.

The global manufacturing operations management software market was valued at USD 12.65 Billion in 2024. The industry is expected to grow at a CAGR of 9.00% during the forecast period of 2025-2034 to attain a valuation of USD 29.95 Billion by 2034.

The global gear manufacturing market size reached USD 84.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 136.7 Billion by 2033, exhibiting a growth rate (CAGR) of 5.22% during 2025-2033. The bolstering growth of the automotive industry, the increasing demand for industrial high-performance gears, the extensive production application in medium and heavy-duty vehicles, and the shifting preference for renewable energy resources represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the global gear manufacturing market, along with forecasts at the global, regional, and country levels from 2025-2033. Our report has categorized the market based on product and end user.

Snapshot img

Gear Manufacturing Market Size 2024-2028

The gear manufacturing market size is forecast to increase by USD 127.7 billion at a CAGR of 8.08% between 2023 and 2028.

The market is experiencing significant growth driven by the increasing adoption of industrial automation and the implementation of additive manufacturing technologies in the production of gears and gearing components. Automation in manufacturing processes enhances efficiency, reduces production costs, and improves product quality, making it an attractive investment for gear manufacturers. Additionally, additive manufacturing, also known as 3D printing, offers the potential for creating complex and customized gears with minimal material waste, further driving market expansion. However, the market is not without challenges. The slowdown in the Chinese manufacturing sector, a major contributor to global gear production, poses a significant threat to market growth. Chinese manufacturers have been facing increasing labor costs and stricter environmental regulations, leading to production shifts to lower-cost countries. Companies seeking to capitalize on market opportunities must navigate this competitive landscape by focusing on innovation, cost competitiveness, and operational efficiency. Effective implementation of automation and additive manufacturing technologies, strategic partnerships, and geographic expansion can help gear manufacturers overcome these challenges and maintain a strong market position.

What will be the Size of the Gear Manufacturing Market during the forecast period?

Request Free SampleThe market in the United States is a significant sector within the broader industrial machinery industry. This market encompasses the production of various types of gears, including cylindrical, bevel, worm, and helical gears, used in power transmission systems for diverse applications. Key drivers fueling market growth include the increasing demand for smooth power transmission in automotive, aerospace, medical, and oilfield industries. The market's size is substantial, with numerous manufacturers producing gear components for industrial machines and energy-efficient gears for various applications. In response to the ongoing global health crisis, the industry has implemented stringent sanitization measures and social distancing protocols in production activities. Market leaders continue to innovate, with ongoing research and development efforts focused on improving gear teeth design, torque capacity, and speed capabilities. Overall, the market is poised for continued growth, driven by the increasing demand for efficient, reliable, and high-performance gear components.

How is this Gear Manufacturing Industry segmented?

The gear manufacturing industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ProductWorm gearBevel gearOthersEnd-userOil and gas industryPower industryAutomotiveSpur gear and othersGeographyAPACChinaJapanEuropeGermanyUKNorth AmericaUSMiddle East and AfricaSouth America

By Product Insights

The worm gear segment is estimated to witness significant growth during the forecast period.Worm gears, a type of gear with a spiral threaded shaft and a toothed wheel, facilitate a 90-degree change in rotational movement. Manufactured primarily from steel and brass, these gears offer high reduction ratios, resulting in increased torque multiplication. The reduction ratio is determined by the number of gear teeth, leading to a more compact structure compared to other gears. Self-locking worm gears are advantageous for hoisting and lifting applications due to their ability to maintain position without external force. In the manufacturing process, CNC machining, grinding, and heat treatment are employed to ensure precise tooth profile and dimensional accuracy. Worm gears find extensive applications in various industries, including off-road vehicles, cranes, and the defense sector, where power transmission and precise movement are essential. Additionally, they are used in gear units for passenger vehicles, commercial vehicles, and industrial machinery, as well as in wind turbine gearboxes, transmissions, and moventas. The energy sector, particularly oil companies, also utilizes worm gears in power plants and turbine structures. The adoption of robotics and industrial automation further expands the application scope of these gears in manufacturing processes, machinery operation, and even in medical equipment and surgical instruments.

Get a glance at the market report of share of various segments Request Free Sample

The Worm gear segment was valued at USD 110.90 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 40% t

Indonesia Manufacturing Industry: Cultural Papers: Other than Cultural Papers: Vol in Unit data was reported at 1,628.222 IDR bn in 2012. This records an increase from the previous number of 676.694 IDR bn for 2011. Indonesia Manufacturing Industry: Cultural Papers: Other than Cultural Papers: Vol in Unit data is updated yearly, averaging 235.457 IDR bn from Dec 1999 (Median) to 2012, with 14 observations. The data reached an all-time high of 4,419.755 IDR bn in 2002 and a record low of 21.129 IDR bn in 2004. Indonesia Manufacturing Industry: Cultural Papers: Other than Cultural Papers: Vol in Unit data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAD010: Manufacturing Industry: by Product: Cultural Papers.

Global car and automobile manufacturers have faced numerous challenges over the past decade, given major exogenous shocks, shifting consumer preferences and supply chain disruptions. In particular, significant technological improvements, particularly regarding hybrid and electric vehicles, internal combustion engine fuel efficiency, infotainment development and autonomous driving capabilities, coupled with rising per capita disposable income, have spurred global demand from the growing global middle class. Additionally, strong economic recoveries in most developed and emerging nations following the pandemic have spurred climbing motorization rates and vehicle registrations. Overall, revenue has climbed at an expected CAGR of 1.0% to $2.9 trillion through the current period, including a 2.5% jump in 2025. Profit will climb to 4.7% at the end of the current period as hybrid and electric models perform better and input costs wane. Aluminum and steel are significant inputs for most automakers. Most input manufacturers cut production amid the pandemic, leaving automakers with supply chain shortages and long lead times, especially as automotive demand rebounded following the pandemic. Semiconductors and other integral electronic component manufacturers also failed to meet automaker's demand, exacerbating supply chain issues. Despite these issues, manufacturers have successfully pushed costs onto consumers, expanding profit. Even so, flourishing demand has enabled most automakers to begin recoveries. Many companies have also expressed greater supply chain oversight following disruptions, leading to more nearshoring, vertical integration and strategic partnerships and alliances. Even so, labor strikes, union demands and lingering economic uncertainty have contributed to volatility. Revenue for automakers will swell at an expected CAGR of 2.2% to $3.2 trillion through the outlook period as the industry rides climbing global per capita income and continued growth in developing economies. Global manufacturers will continue to invest heavily in technology and innovation, making waves with new electric and autonomous driving technologies. Companies will also lean on government support regarding electric and hybrid vehicle technology. Even so, tariff policies may restrict many facets of trade, preventing automakers from purchasing some foreign inputs or seamlessly accessing certain export markets.

The global contract manufacturing market, valued at $0.68 billion in 2025, is projected to experience robust growth, driven by a Compound Annual Growth Rate (CAGR) of 8.70% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the increasing complexity of product development and manufacturing processes encourages companies to outsource non-core activities to specialized contract manufacturers, allowing them to focus on core competencies and innovation. Secondly, the rising demand for electronics, pharmaceuticals, and automotive components globally fuels significant growth in this sector. Furthermore, the prevalence of long-term contracts signifies the establishment of strong and reliable partnerships between original equipment manufacturers (OEMs) and contract manufacturers, emphasizing trust and collaborative relationships. The market is segmented by service type (manufacturing, design, and post-manufacturing services), end-user vertical (electronics, pharmaceuticals and healthcare, automotive, consumer goods, and others), and contract type (long-term and short-term). The leading players, including Hon Hai Precision Industry, Flextronics International, Jabil, and Celestica, benefit from economies of scale and advanced technological capabilities, enabling them to offer competitive pricing and high-quality services. The market's growth trajectory is influenced by evolving trends, including the increasing adoption of Industry 4.0 technologies (automation, AI, and data analytics) to enhance efficiency and reduce costs. Furthermore, the rising need for sustainability and ethical sourcing practices is putting pressure on contract manufacturers to adopt environmentally friendly processes and ethical labor standards. While these trends present opportunities for growth, challenges remain. Geopolitical uncertainties, supply chain disruptions, and fluctuating raw material costs can significantly impact profitability. Nevertheless, the long-term outlook for the contract manufacturing market remains positive, driven by the ongoing demand for outsourced manufacturing solutions across various industries. The strategic adoption of technological advancements and a focus on sustainability will be crucial for companies to succeed in this dynamic and competitive landscape. This comprehensive report provides an in-depth analysis of the global contract manufacturing market, valued at USD XXX million in 2025 and projected to reach USD XXX million by 2033, exhibiting a CAGR of X% during the forecast period (2025-2033). The study covers the historical period (2019-2024), with 2025 serving as the base year. This report is essential for businesses involved in or seeking to enter the contract manufacturing sector, offering crucial insights into market dynamics, growth drivers, and competitive landscapes. Recent developments include: August 2024: Eckert & Ziegler and Telix Pharmaceuticals Limited (Telix) announced a significant multi-year agreement. Under this contract, Eckert & Ziegler will act as the European contract manufacturing organization (CMO) for Telix's ProstACT GLOBAL Phase III study. The contract ensures the supply for the entire European patient base from Eckert & Ziegler's state-of-the-art facility in Berlin. Eckert & Ziegler will supply the essential starting material: their high-purity, non-carrier-added GMP-grade Lutetium-177 (Lu-177).August 2024: Salt Medical, a Contract Development and Manufacturing Organization (CDMO) focusing on medical device manufacturing, is set to debut at Claregalway Corporate Park in Co. Galway. Salt Medical boasts a distinguished international platform in the medical device arena, bolstered by a robust global research and development (R&D) and manufacturing network. While the company has established R&D and manufacturing hubs in Ireland, it also sources raw materials and precision components, complemented by large-scale manufacturing operations in both the United States and the Asia-Pacific region.. Key drivers for this market are: Cost Efficiency, Globalization and Market Expansion. Potential restraints include: Cost Efficiency, Globalization and Market Expansion. Notable trends are: Electronics Sector is Driving the Market.

Digital Manufacturing Software Market Outlook 2032

The global digital manufacturing software market size was USD 8.09 Billion in 2023 and is likely to reach USD 71.53 Billion by 2032, expanding at a CAGR of 17.3% during 2024–2032. The market growth is attributed to the increasing adoption of Industry 4.0 technologies and the need for streamlined production processes.



Growing demand for customization and personalization in the manufacturing sector is anticipated to drive the market during the assessment year. With consumers increasingly seeking personalized products and experiences, manufacturers must adapt their production processes to meet these evolving demands. Digital manufacturing software offers the capability to streamline production workflows and optimize supply chain operations.



Surging focus on sustainability and environmental responsibility are a significant factor in propelling the market. Manufacturers across industries are under increasing pressure to reduce their environmental footprint and adopt eco-friendly manufacturing processes. Digital manufacturing software play a crucial role in achieving these sustainability goals by optimizing resource utilization and minimizing waste.

Impact of Artificial Intelligence (AI) in Digital Manufacturing Software Market

The use of artificial intelligence is revolutionizing the landscape of the digital manufacturing sector, offering a multitude of transformative impacts. By leveraging AI-powered algorithms and machine learning techniques, manufacturers optimize production processes, enhance operational efficiency, and minimize downtime. AI enables predictive maintenance, allowing manufacturers to anticipate equipment failures before they occur, thereby reducing costly disruptions. Moreover, AI-driven analytics provide actionable insights into production data, enabling informed decision-making and continuous improvement initiative

Digital Manufacturing Software Market Dynamics

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Find details of Alvimar Global Manufacturing Company Buyer/importer data in US (United States) with product description, price, shipment date, quantity, imported products list, major us ports name, overseas suppliers/exporters name etc. at sear.co.in.

The size and share of this market is categorized based on Logistics and Supply Chain Management (Inbound Logistics, Warehouse Management, Inventory Management, Transportation Management, Supply Chain Planning) and Manufacturing Process Types (Just-in-Time Manufacturing, Lean Manufacturing, Batch Manufacturing, Continuous Manufacturing, Discrete Manufacturing) and Technology and Software Solutions (Enterprise Resource Planning (ERP), Manufacturing Execution Systems (MES), Supply Chain Management Software, Warehouse Management Systems (WMS), Artificial Intelligence in Manufacturing) and geographical regions (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).

The Manufacturing Operation Management Solutions market plays a pivotal role in the modern manufacturing landscape, focusing on enhancing operational efficiency, streamlining processes, and improving overall productivity. As industries pivot towards more digitized and integrated production environments, these soluti

Manufacturing Industry: Special Chemicals: Other Special Chemicals: Vol in Unit data was reported at 47.701 IDR bn in 2007. Manufacturing Industry: Special Chemicals: Other Special Chemicals: Vol in Unit data is updated yearly, averaging 47.701 IDR bn from Dec 2007 (Median) to 2007, with 1 observations. Manufacturing Industry: Special Chemicals: Other Special Chemicals: Vol in Unit data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAD011: Manufacturing Industry: by Product: Special Chemicals.