Global Industrial Visual Management Systems Market 2017-2021

The infographic below contains key findings from our analysis of the industrial visual management systems market   

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Overview of the global industrial visual management systems market

Web-based applications assist in activities such as working from home, forming global teams, and real-time collaborations by allowing users to access the system from distant locations. Research analysis on the global industrial visual management systems market identifies the rising adoption of the web-based interface as one of the major factors that will have a positive impact on the growth of the market. Industrial visual management systems use web-based communication networks to allow personnel share information to anywhere within the industry. This improves efficiency and reduces the downtime, which enhances the quality of the production process and expands the profit margin. Various advantages of web-based applications such as cost-effectiveness, easy installation and maintenance, and increased security will enhance the user experience of visual management systems. Technavio’s market research analysts predict this market to grow at a CAGR of close to 8% by 2021.

The demand for industrial visual management systems is high in APAC due to the rapid urbanization and industrialization. The application of industrial visual management tools will continue to increase in the region due to high investments in process industries. The adoption and demand for these systems will further increase due to the high rate of foreign direct investment (FDI) and the growth in digital intensity.

Competitive landscape and key vendors

The industrial visual management systems market is characterized by the presence of a large number of vendors. The emergence of technologies such as the human machine interface (HMI) and Internet of things (IoT) will boost the growth opportunities for these vendors. These vendors offer customized solutions based on user requirements and are also focusing on the expansion of their services to retain their market shares.

Key vendors in this market are -

• Red Lion Controls
• Seiki Systems
• TXM
• Visual Management Systems
• Visual Management Technology

Other prominent vendors in the market include PMI, Kanban Tool, Visual Workplace, VisualFactory, iObeya, Think Tank Engineers, and Life Cycle Engineering.

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Segmentation by solution and analysis of the industrial visual management systems market

• Visual control systems
• Visual display

Shadow boards, indicators such as gauges, Heijunka boards, and design pull systems are the different types of visual control management systems. Visual control management systems are installed in industrial premises. They are used to guide or control the actions of individuals or a group of individuals. The segment is gaining popularity due the benefits of visual control management systems such as the increased productivity, increased reliability of equipment, and improved bottom line profits.

Segmentation by end-user and analysis of the industrial visual management systems market

• Process industries
• Discrete industries

Process industries are increasingly installing industrial visual management systems due to its various advantages including ensuring optimal operations of energy systems. It also helps in the reduction of energy costs, provide optimized recommendations to operators, and display constraints that are usually hidden and ignored. According to this analysis, process industries will continue to be the largest end-user to this market throughout the forecast period.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global industrial visual management systems market?
• What are the key market trends impacting the growth of the global industrial visual management systems market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial visual management systems market?
• What are the market opportunities and threats faced by the vendors in the global industrial visual management systems market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global industrial visual management systems market?

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