Robotic Process Automation in Manufacturing Market Outlook, Trends, Analysis & Region and Country Forecast To 2030
Robotic Process Automation (RPA) in manufacturing market size reached USD 7.60 Billion in 2021 and is expected to register a revenue CAGR of 33.2%. The Robotic Process Automation in Manufacturing report additionally covers the scope of individual applications and types in every region. The report additionally covers information about manufacturing and intake patterns, technological developments, revenue boom, marketplace size, market share, key trends and needs influencing market boom in the region, and robust presence of key players in the region.
Rising demand for automation in manufacturing has led to increased efficiency, reduced errors and risk, improved profits, and proper compliance. Moreover, it helps in managing various aspects of manufacturing process such as supply chains, operations, customer engagement, and employee empowerment.Traditional automation uses Application Programming Interface (APIs), which makes integration of application in diverse systems more difficult. Similarly, restrictions in customization of application makes it difficult to adopt automation in legacy systems.
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Further key findings from the report suggest
Software segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing demand for solutions for remote accessibility that ensures better coordination among various teams
On-cloud segment is expected to register a significantly robust revenue growth rate over the forecast period due to increase in demand for cost-effective solutions for installing and maintaining the cloud. It also simplifies implementation of applications on the cloud platform and reduces dependency on Information Technology (IT) and support team. On-cloud deployment facilitates remote accessibility which enables users to use software systems with downloading it.
North America market is expected to register a considerably large revenue share in RPA in manufacturing market over the forecast period than other regional markets due to robust presence of major market players providing RPA services and solutions such as Pegasystems Inc, Automation Anywhere, Inc., WorkFusion, Inc., and Xerox Corporation
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Report Objective:
The report offers a complete analysis of the global Robotic Process Automation in Manufacturing market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Pegasystems Inc., Automation Anywhere, Inc., Blue Prism Limited, EdgeVerve Systems Limited, Kofax Inc., UiPath Inc., Celaton Limited, Xerox Corporation, NICE Ltd, and WorkFusion, Inc. and others are some of the top companies profiled in the report.
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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Emergen Research has segmented global RPA in manufacturing market on the basis of process, operation, component, organization size, deployment, and region:
Process Outlook (Revenue, USD Billion; 2019–2030)
Automated Solution
Report Automation
Demand and Supply planning
Decision Support & Management Solution
Workflow Management
Invoice Management
ERP Management
Purchase Order Management
Interaction Solution
Operation Outlook (Revenue, USD Billion; 2019–2030)
Rule Based
Knowledge Based
Component Outlook (Revenue, USD Billion; 2019–2030)
Software
Services
Organization Size Outlook (Revenue, USD Billion; 2019–2030)
Large Enterprises
Small & Medium Enterprises
Deployment Outlook (Revenue, USD Billion; 2019–2030)
On-cloud
On-premise
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report addresses the following key points:
The report provides a forecast of market drivers, restraints, and future opportunities for the Robotic Process Automation in Manufacturing market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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