Manufacturing Market Research
Emerging from Pandemic amid big changes
The Global Manufacturing Market emerged from the COVID pandemic challenged by supply chain instability (headlined by a largescale semi-conductor shortage), rising freight and raw material costs, a workforce shortage, and an ever-expanding need for digital integrations and accessibility across all sectors. Furthermore, with US manufacturers report phishing or ransomware security incidents in the past 12 months, Cybersecurity has become a bigger need in the sector.
Manufacturers are building back fast despite these significant headwinds with rising demand and are expected to return to pre-pandemic production within several years.
The pandemic has driven manufacturers to adjust their omnichannel approach and create engaging experiences with their customers. As such, a proactive focus on efficiencies, process improvements, and new technology integrations are driving the best segments forward.
AI, IIoT, and Connected Technologies
Artificial Intelligence and the Industrial Internet of Things (IoT) have truly graduated from buzzwords to a prioritized focus, driving post-pandemic manufacturing improvement. Improved sensor data and investment in the use of that data through IoT, machine learning algorithms, predictive maintenance, and customer experience optimization tools have a been a large driver in manufacturing’s improved efficiency. For many industries like healthcare, retail, automotive, and transport, the IIoT will significantly improve reliability, production, and customer satisfaction. Acceleration in digital technology adoption will bring operational efficiencies to scale.
Artificial Intelligence and the Industrial Internet of Things (IoT) have truly graduated from buzzwords to a prioritized focus, driving post-pandemic manufacturing improvement. Improved sensor data and investment in the use of that data through IoT, machine learning algorithms, predictive maintenance, and customer experience optimization tools have a been a large driver in manufacturing’s improved efficiency. For many industries like healthcare, retail, automotive, and transport, the IIoT will significantly improve reliability, production, and customer satisfaction.
Data in Improved Operational Efficiency
Multi-pronged supply chain strategies will help protect companies from the vast challenges and rising costs of goods. Leveraging existing and recently enhanced data “fabrics” to connect the dots and work through complex scenarios find the most efficient outcome in supply chain related problems. Advancements in so-called “digital supply networks” and analytics systems help plan provide additional reserve materials and are giving manufacturers more insolation from the recent supply chain instability.
Furthermore, existing and additional new staffing data can help understand concerns, improve retention, and improve the overall work efficiencies as remote work becomes a desired alternative, even in the manufacturing world.
Manufacturing Market Research Solutions
SIS International Research has over 40+ years experience in Market Research and Strategy Consulting in the Manufacturing industry. We conduct research with suppliers, manufacturers, wholesalers, retail partners, and other stakeholders.
We provide:
- Focus Groups
- Online Insight Communities
- In-Depth Interviews
- Online Surveys
- Multi-country & International Market Research
- Market Entry, Sizing and Opportunity
- Strategic and Competitive Analysis