Global Manufacturing Execution System Market Share Analysis 2024, Forecast To 2033
22 Feb, 2024
The manufacturing execution system market has grown rapidly, moving from $14.25 billion in 2023 to $15.81 billion in 2024, marking a 10.9% CAGR. Operational efficiency and compliance demands fueled historic growth. The forecast anticipates growth to $24.52 billion by 2028, driven by advanced analytics and regulatory compliance. Trends include cloud-based MES solutions and AI-driven process optimization.
Global Manufacturing Execution System Market Key Driver
The manufacturing execution system market is expected to grow due to the increase in demand for mass production and a connected supply chain. Investments in advanced software and AI-based systems to meet the demand for mass production activities contribute to the market's growth. The implementation of manufacturing execution systems has shown a 30% increase in productivity.
Get A Free Sample Of The Global Manufacturing Execution System Market ReportGlobal Manufacturing Execution System Market Segments
The manufacturing execution system market covered in this report is segmented –
1)By Offering: Software, Services
2)By Deployment: On-premise, On-demand, Hybrid
3)By Organization Size: Small and Medium Size Enterprise, Large Enterprise
4)By Process Industry: Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceutical & Life Sciences, Energy & Power, Water & Wastewater Management, Other Process Industries
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the manufacturing execution system market in 2023. The regions covered in the manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Manufacturing Execution System Industry Players
ABB Ltd.;AVEVA Group plc; Dassault Systèmes; Honeywell International Inc.; Rockwell Automation Inc.;Siemens AG;Schneider Electric SE;Dassault Systèmes;Emerson Electric Co.;General Electric Company;Honeywell International Inc.;Werum IT Solutions;Parsec Automation Corp.;PTC Inc.;Yokogawa Electric Corporation;SAP SE;Schneider Electric SE;Lighthouse Systems;Critical Manufacturing;Cogiscan Inc.;Andea Solutions;Plex Systems Inc.;Sanmina Corporation;Applied Materials Inc.;L&T Technology Services;ATS Global B. V.;MPDV Mikrolab GmbH;CIMON Inc.;Prolink Technologies;Aegis Industrial Software Corporation
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Manufacturing Execution System Market Overview
Manufacturing execution system refers to comprehensive dynamic software designed to monitor, track, and document and control the process of manufacturing from raw material to end product. It acts as a functional layer between ERP (enterprise resource planning) and process control systems, by offering data to decision-makers to establish efficient and optimized production activities.
Manufacturing Execution System Global Market Report 2023 provides data on the global manufacturing execution system market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The manufacturing execution system market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.