The Production Monitoring Market is expected to record a CAGR of 8% during the forecast period from 2021 to 2027. Many economic, radical, and market factors around the world are causing a significant revolution within the manufacturing industry. Both Augmented Reality (AR) and Virtual Reality (VR) in Industry 4.0 bridge the gap between the digital / cyber / virtual world and the physical world. VR and AR technologies, when integrated into the factory environment and equipment through devices and sensors, help track manufacturing processes and production. This allows you to optimize and enhance machine productivity (quantity, quality, speed, flexibility) and improve your company’s overall ROI.
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Production Monitoring Market- Segmentation
By Component
Solution
• Asset Management
• Data Management
• Smart Surveillance and Security
• Mobile Workforce Management
Services
• Professional Services
• Managed Services
By Deployment Mode
• On-premise
• Cloud
By Application
• Business Process Optimization
• Logistics and Supply Chain Management
• Emergency and Incident Management
• Automation and Control Management
By Organization Size
• Large Organization
• Small & Medium Organization
• By Industry Vertical
• Oil & Gas
• Chemical
• Automotive
• Energy & Power
• Food & Beverage
• Aerospace & Defense
• Healthcare & Life Sciences
• Others
Key Players Profiled
• Hitachi Ltd.
• Oracle Corporation
• Infosys Limited
• Siemens AG
• Emerson Electric Co.
• Rockwell Automation Inc.
• Schlumberger Limited.
• Rockwell Automation Inc.
• Tesar S.r.l.
• Ordinal Software
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)