New ARC Advisory Group research on the Simulation Software global market reveals that this market will be driven by the emergence of comprehensive simulation platforms, the use of the digital twin concept, and the expansion of the 3D virtual simulation software. The overall simulation software market will be driven by the emergence of comprehensive simulation platforms that allow for concurrent product design and validation across the product lifecycle. Additional growth is driven by an increased use of finite element analysis in conjunction with manufacturing adoption spurred on by adoption policies due to the COVID-19 pandemic, the growth and adoption of the digital twin concept, and the growth in Industrial IoT in general. Significant expansion of 3D virtual simulation software across a wide range of applications for science, industry, infrastructure, and consumers allows for the virtual validation of the physical world.

"Manufacturers across all industrial sectors should be developing a digital transformation strategy and direction for both their products and their production systems. This strategy should include both a digital twin plan for their products in the factory and the field, and the intelligent edge. The market will demand that products be both connected and smart in the digital environments that these products will be functioning and operating in. Simulation solutions will enable companies to virtually simulate, validate, and bring to market new products that meet the demands of their customers," according to Daniel Keyser, Analyst and key author of ARC's Simulation Software Market Research.

Simulation Software Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Emergence of Comprehensive and Multi-Functional Simulation Platforms
• Adoption of Artificial Intelligence and Machine Learning for Simulation Software

Leading Suppliers to the Simulation Software Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Altair Engineering, Ansys, Dassault Systemes, Mathworks, Siemens.

About the Simulation Software Market Study Research

The Simulation Software Market research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, five years of historical analysis. The research segmentation includes Revenue Category, World Region, Industry, Application, Software Revenues by Type, Overall Scope.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• MIRA Service:  An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions.   Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.  
• Concise Market Analysis Report (PDF):  This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
• Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF):  A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports, including up to five years of historical analysis.  
   

For more information on this and other available ARC market research, please visit our Market Analysis Services section.

ARC Advisory Group’s new 3D scanners system market size and forecast research includes the control system hardware, software, and services for 3D scanning systems such as laser scanning hardware, structured light hardware, point cloud rendering software for human-readable visualization, interpretation, as well as analysis of scan data, CAD software plugins for importing point cloud data and services for maintenance, support, and implementation. ARC’s new research shows that digital transformation efforts are contributing significantly to growth in the 3D scanners market, as data analytics and AI technologies are increasingly being used to extract valuable insights from the large volumes of data generated by 3D scanning.

"Digital twin technology, a key aspect of Industry 4.0, involves creating a virtual replica of physical assets or processes. 3D scanning plays a crucial role in capturing the data necessary to create accurate and detailed digital twins. These digital twins can be used for simulations, predictive maintenance, and the optimization of manufacturing processes," according to Kiran Chavan, Analyst and key author of ARC's 3D Scanners Systems Market Research.

3D Scanners Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• 5G Technology is Expected to Connect Scanners 
• AR and VR Could be Mainstream Sooner 
• Automating Scanning Process
• Cloud-based Processing and Collaboration 
• Color and Texture Detection
• Low Cost 3D Scanners
• Metal and Ceramic 3D Printers Expected to Drive 3D Scanner Demand 
• New End User Market
• Rise in Demand from Additive Manufacturing 
• Software Key for 3D Scanning

Leading Suppliers to the 3D Scanners Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Ametek, FARO, Hexagon, Nikon Metrology, Zeiss.

About the 3D Scanners Research

The 3D Scanners research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Application Type, Range, Hardware Revenues by Range, Hardware by Light Type, Overall Scope, Hardware by Scanner Type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• MIRA Service:  An annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MIRA unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions.   Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.  
• Concise Market Analysis Report (PDF):  This wide-screen presentation format provides executives, business unit managers, and other users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.
• Market Intelligence Workbook (Excel Power Pivot, sold with Market Analysis Report PDF):  A standard Excel Workbook, including base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate data, making it easier to analyze the latest data for business intelligence and generate custom reports, including up to five years of historical analysis.

For more information on this and other available ARC market research, please visit our Market Analysis Services section.

ARC defines Plant Asset Management (PAM) systems as a combination of hardware, software, and services intended to assess the health of plant assets by monitoring asset condition to identify potential problems before they escalate. The severity of problem, potential causes, and possible operator actions can be provided to determine necessary actions. Plant asset management provides predictive asset health information by using data embedded in smart field devices, control systems, and various sensors with an intelligent analytical engine to predict potential asset problems. Information derived from PAM systems can be used to optimize maintenance and operations, increase production availability, and enable a predictive maintenance strategy.

"A wide variety of PAM solutions have been around for a while. Over the years, suppliers and forward-looking end users have helped the rest of the industry participants see the benefits of adopting condition monitoring and other asset management solutions. Although the plant asset management market is in the late majority phase, the application of analytics and Industrial IoT technologies continues to energize this market. Several new analytics startups are now emerging as competitors to traditional PAM players, who are also continuously adding advanced analytics and Industrial IoT capabilities to their portfolios," according to Inderpreet Shoker, Director of Research and key author of ARC's Plant Asset Management Market Research Report.

Plant Asset Management Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Advanced Analytics and Machine Learning 
• Connected Assets
• Industrial IoT 
• Remote Monitoring
• Supply Chain Disruptions

Leading Suppliers to the Plant Asset Management Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: ABB, Baker Hughes, Emerson Automation Solutions, Rockwell Automation, SKF.

About the Plant Asset Management Research

The Plant Asset Management report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Scope of Research, Asset Type, Production Assets by Industry, Automation Assets by Industry, Production Assets by Revenue Category, Automation Assets by Revenue Category, Production Assets by Technology, Automation Asset Network Technology, Production Asset Communication Network, Automation Asset Communication Network, Production Assets by Application Type, Automation Assets by Application Type, Production Assets by Deployment Option, Automation Assets by Deployment Option, and Integration with Business Systems.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

The ARC market size and forecast report on Operator Training Simulators is a great way to keep up to date on what new technology is available from the suppliers of operator training simulators. Technology has created incredibly realistic virtual reality simulations that can be viewed on the latest generation of VR headsets, on computer screens, or in full scale rooms that have high resolution screens or use mirrors with projectors in a geodesic dome to bring you into a new world. Some have added haptic features like force feedback, 3D noise simulation, and even odors.

"Training staff in the process industries have learned how to combine various operator training simulator (OTS) technologies to put together training programs that are more effective than ever for both console and field operators. Simulation-based training can verify, and in some cases certify, that operators have mastered essential skills to keep processes operating safely and efficiently. Training program managers can use the ARC market intelligence to ensure that they are using various simulation technologies in the most efficient manner possible to make their training programs effective, and at reasonable cost," according to Rick Rys, Senior Consultant and key author of ARC's Operator Training Simulators Market Research Report.

Operator Training Simulators Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Virtual Control Systems Provided by Suppliers Are Normal for Simulation 
• OTS Systems Find Ways to Grow in Challenging Times
• OTS for Nuclear Power Remains Steady
• New Methods of Spatial Simulations Are Getting Noticed 
• Lifecycle Use of Models Keeps Simulation Models Alive

Leading Suppliers to the Operator Training Simulators Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: AVEVA, Emerson Automation Solutions, GSE Systems, Honeywell, Yokogawa.

About the Operator Training Simulators Research

The Operator Training Simulators report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and 5 years of historical analysis. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Software Revenues by Type, Electric Power Generation by Type, Simulation Environment, Simulation Type, Visualization Type. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with up 5 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

New ARC Advisory Group research reveals that sustainability and ESG initiatives are becoming increasingly important to industrial companies. Projects today must address capital and energy concerns, improve operational safety, meet sustainability and environmental goals, and manage controllability and yields. Advanced Process Control (APC) and Online Optimization technologies can help achieve these objectives. We are living through turbulent times – the waxing and waning pandemic and the unending Ukraine war are all affecting the market. Asset owners have pivoted from large capital, asset-intensive new builds and plant modifications to meeting sustainability objectives through energy optimization and operational safety projects.

"The market continues to develop ease of use, and investments in embedded Artificial Intelligence (AI) will dominate the future of APC. AI and machine learning play a role in improving model calibration and accuracy and providing operator guidance. AI and machine learning are built into the solutions and can help accelerate the ability to calibrate first principles models and create data-based models and processes quickly," according to Peter Reynolds, Contributing Analyst and key author of ARC's Advanced Process Control and Online Optimization Market Research Report.

Advanced Process Control and Online Optimization Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Target Smaller APC Applications 
• Shortage of APC Engineers
• Self-Tuning / Calibrating Models 
• Ease of Use
• Dynamic Optimization to Improve Scheduling
• APC for Sustainability
• APC as a Subscription or SaaS Solution 
• AI for Seed Models

Leading Suppliers to the Advanced Process Control and Online Optimization Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Aspen Technology, AVEVA, Emerson Automation Solutions, Honeywell, Yokogawa.

About the Advanced Process Control and Online Optimization Research

The Advanced Process Control and Online Optimization report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five- year market forecasts and 5 years of historical analysis. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Application. 

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Includes 5 years of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Today’s modern Manufacturing Execution Systems (MES), also known as Manufacturing Operations Management Systems (MOM), are a key enabler and often the central focus of digital transformation in manufacturing. With the pandemic came a wave of remote connected workers and accelerated digital transformation programs. ARC is seeing significant growth in the MES market in our newly released market size and forecast report, led by the need for collaboration and intelligence, increasing Industrial Internet of Things (IoT) investments, new platforms and autonomous capabilities, and end user demand for process flexibility and productivity.

"2021 will go down as the year of worker collaboration with easy-to-use tools and intuitive user experience capabilities. Industrial companies had to roll out MES across the enterprise to enable connected collaborative workers with an intuitive user experience that enabled better, more collaborative and intelligent, data-driven decisions quickly from anywhere," according to Janice Abel, Principal Analyst and key author of ARC's Manufacturing Execution Systems for
Discrete Industries Market Research Report.

Manufacturing Execution Systems for Discrete Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Supply Chain and Raw Material Constraints 
• Rapid Deployment
• Post Pandemic and Digital Transformation
• Personalized Production, Workflows and Automate-to-order 
• New SaaS Subscription and Remote Services
• Flexible and Agile Manufacturing
• Collaborative Workers Across the Enterprise from Anywhere 
• Autonomous Operations
• Acquisitions and Partnerships

Leading Suppliers to the Manufacturing Execution Systems for Discrete Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Applied Materials, Dassault Systèmes, Rockwell Automation, SAP, Siemens.

About the Manufacturing Execution Systems for Discrete Research

The Manufacturing Execution Systems for Discrete report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and 1 year of historical analysis. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Type, Customer Tier, Service Revenues by Type, Deployment Model, and Function.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 1 year of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

According to ARC Advisory Group’s new report, the market for Operational Time-series Historian/Industrial Data Platforms is changing and continues to increase. The pandemic was an accelerator for the remote connected worker and digital transformation, and this drives the need for massive amounts of data and data types in today’s digital world, where manufacturing requires the optimization of data accessibility, ease of use, and speed of access, which are driving manufacturing performance across the enterprise. Data is strategic to manufacturing and operations. New data storage platforms that are more secure and enable connectivity and enterprise-wide data access such as cloud, edge, data hubs, and data lakes are fundamental in today’s data-driven manufacturing world.

"2021 is a year of recovery and pent-up demand from the pandemic and it increased the need for operational historians, enterprise historians, and new data platforms. The shift toward connected and collaborative workers continued into 2021. Industrial companies continue to enable remote connected workers with the ability to access data and enable faster and better data-driven decisions. Newer technologies like digital thread, digital twins, augmented and virtual reality, video, imagery, wearables, Industrial IoT sensors, new architecture and platforms, and edge, the cloud, and data lakes are enabling enterprise-wide operational historians and data platforms," according to Janice Abel, Principal Analyst and key author of ARC's Operational Historians/Data Platforms Market Research Report.

Operational Historians/Data Platforms Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Acquisitions and Partnerships
• Open-Source Data Tools and Databases Increase Structured and Unstructured Data
• Data Management Auto Tools
• Newer Data Platform Standards and Data Movement 
• Enterprise-wide Operational Historian/Data Platform Data Cultural Shift
• Remote Connected Workers Increase Need for Data 
• Supply Chain and Raw Material Constraints
• Post Pandemic Accelerated Digital Transformation

Leading Suppliers to the Operational Historians/Data Platforms Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: Aspen Technology, AVEVA, Cognite, Honeywell, and Yokogawa.

About the Operational Historians/Data Platforms Research

The Operational Historians/Data Platforms report explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts and 1 year of historical analysis. The report segmentation includes Revenue Category, Sales Channel, World Region, Industry, Customer Type, Customer Tier, Service Revenues by Type, Deployment Model, World Region Total, Standalone vs. Embedded Delivery.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports. Available with 1 year of historical analysis.
• Concise Market Analysis Report (PDF): This wide-screen presentation format makes it much easier to find detailed information on a market. This new format provides executives, business unit managers, and other authorized users with immediate access to in-depth market analysis, including analysis associated with every market data chart and figure. Included is an executive-level summary of the current market dynamics, five-year market forecast, and competitive analysis, plus an overview of strategic issues. The PDF is available with a comprehensive set of charts with associated analysis.

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

ARC Advisory Group’s new market size and forecast report for Environmental, Social, and Corporate Governance (ESG) reporting software shows significant long-term growth amid increased focus on sustainability as a business performance measure. Market drivers for better ESG performance include a growing segment of end users who seek to do business exclusively with green and sustainability-focused suppliers and business partners. In an increasing number of instances, these end users are willing to pay a premium for products and services from companies with better ESG
performance than their competitors.

"ESG will continue to grow in influence and importance across all major economic regions and industries. While uptake of ESG solutions has been expanding a great deal among Tier 1 companies, it has also begun its expanse into mid-sized and smaller organizations. In many cases, forward-thinking decision- makers in these organizations are driving the expanse. In other cases, more widespread ESG uptake is driven by the pressures being experienced by these companies with respect to the need to help their Tier 1 company customers meet their sustainability goals," according to Peter Manos, Director of Research and key author of ARC's ESG Software Market Research Report.

ESG Software Market Trends

In addition to providing detailed competitive market share data, the report also addresses key market trends as follows:

• Branding Drivers 
• Increasing Transparency 
• External Growth Forces 
• Internal Growth Forces
• Direct and Indirect Forces

About the ESG Software Research

The ESG Software is an emerging market analysis which explores current and future market performance and related technology and business trends. The report includes a comprehensive list of suppliers active in the market along with a select number of supplier profiles. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes five-year market forecasts with segmentation including Revenue Category, Sales Channel, World Region, Industry, Customer Tier, Service Revenues by Type, Software Revenues by Type.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include:

• Market Intelligence Workbook (Excel Power Pivot): A standard Workbook includes the base year market data and a five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
• Concise Emerging Market Analysis Report (PDF): Provides an executive-level summary of the current market dynamics and market forecasts, plus an overview of strategic issues. 

For more information on this and other available ARC market research, please visit our Market Data & Studies section.