Report Code: A09871 | Pages: NA | Mar 2023 | 2371 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Manufacturing Execution System Market
Request Now !Information system used to connect, monitor, and control complex data flows and manufacturing devices or equipment on shop floors is called manufacturing execution system. The main objective of this system is to enhance production output and ensure effective implementation of manufacturing operations. It helps in maximizing, productivity, profitability, compliance, and quality of manufacturing operations. Thus, finds applications in inventory management, quality analysis, resource allocation, production tracking, and other industries such as oil & gas, food & beverages, consumer electronics, and automotive. Innovations in automation technologies pave way for the market for improved and better manufacturing execution systems. The global manufacturing execution system market is experiencing a significant growth, and is expected to grow considerably in next few years.
The global manufacturing execution system market is segmented on the basis of Offering, Deployment, Application, End User, and Region. Based on Offering, the manufacturing execution system market size is divided into Services (Maintenance, Implementation, Training) and Software, and others. On the basis of Deployment, the market is categorized into On-Demand, On-Premise, and Hybrid, and others. on the basis of Application  into Inventory Management, Resource Allocation, Quality Analysis, Production Tracking, Document Control, and Others on the basis of End User into Oil & Gas, Food & Beverages, Consumer Electronics, Aerospace, Automotive, and Others Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the Manufacturing Execution System industry include Werum Software and Systems, Schneider Electric S.A, Siemens AG, General Electric Co., Rockwell Automation Inc., Eyelit Inc., Honeywell International Inc., Operator Systems Aps, Emerson Electric Co., ABB Ltd., and Others. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.Â
High efficiency, low deployment cost, and wide adoption of manufacturing execution systems in various industries such as oil & gas, consumer electronics, and automotive boosts the market growth. However, high costs involved in maintenance and investments for upgradation of manufacturing execution systems hinder the manufacturing execution system market growth. Moreover, adoption of latest technologies by manufacturing companies to improve operational processes is expected to drive the market further.
Plant applications 8.0, which is industry’s first multi-modal manufacturing execution systems was launched by GE Digital in 2019. It is the first enterprise MES scale that supports multi-modal, discrete, and process manufacturing. It also helps manufacturers to optimize operations by leveraging real time data.
Thus, this product flourished the market, owing to its simpler configuration and easier adoption.
As the FMCG industry is increasing at a rapid pace, it has led to increase in use and demand for manufacturing execution systems (MES). Changing consumer lifestyle, volatile nature of the market, and increase in competition has further led to adoption of MES in this industry.
Due to massive production in the consumer electronics segment, manufacturing of consumer electronics products such as smartphones, laptops, and TVs has led to increase in adoption of MES in this industry.
Key segments covered:
Segments | Subsegments |
 Offering |
|
 Deployment |
|
 Application |
|
 End users |
|
Â
Key benefits of the report:
Manufacturing Execution Systems Market Scope and Structure Analysis:
Report Metric | Details |
 Market size available for years |  2019–2027 |
 Base year considered |  2019 |
 Forecast period |  2020–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Offering, Deployment, Application, End User, and Region |
 Regions covered | North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | Werum Software and Systems, Schneider Electric S.A, Siemens AG, General Electric Co., Rockwell Automation Inc., Eyelit Inc., Honeywell International Inc., Operator Systems Aps, Emerson Electric Co., ABB Ltd., and Others |
Â
Questions answered in the Manufacturing Execution System Market research report:
Manufacturing Execution System Market Report Highlights
Aspects | Details |
---|---|
By Offering |
|
By End users |
|
By Region |
|
Key Market Players | Company1, Company2, Company3, Company4, Company5, Company6, Company7, Company8, Company9, Company10 |
Loading Table Of Content...
Start reading.
This Report and over 19,651+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers