What Has Been the Growth of the Manufacturing Execution System Market So Far?
The manufacturing execution system market has seen considerable growth due to a variety of factors.
• The market size of the manufacturing execution system has been experiencing robust growth in the last few years. Its size is expected to inflate from $15.46 billion in 2024 to approximately $16.96 billion in 2025, with a compound annual growth rate (CAGR) of 9.7%.
The period of historical growth is mainly due to the growing demand for operational efficiency, adherence and quality maintenance, application of lean manufacturing techniques, quality monitoring and traceability, and improvement of workforce productivity.
What Are the Future Growth Projections for the Manufacturing Execution System Market?
The manufacturing execution system market is expected to maintain its strong growth trajectory in upcoming years.
• In the upcoming years, the manufacturing execution system market is anticipated to experience significant expansion, reaching $28.07 billion by 2029 with a compounded annual growth rate (CAGR) of 13.4%.
This surge over the projection period can be linked to innovations like advanced analytics and predictive maintenance, improved supply chain resilience, optimization of energy efficiency, paper-free manufacturing processes, regulatory compliance and accurate reporting, as well as enhanced supply chain integration and transparency. Some prominent trends during this period are its interconnection with Industry 4.0 and intelligent manufacturing, the use of cloud-based MES solutions, live data analysis and reporting, rigorous emphasis on cybersecurity, harmonization with ERP systems, Artificial Intelligence-driven process enhancement, and digital twin incorporation.
What Are The Core Factors Supporting Growth In The Manufacturing Execution System Market?
The surge in demand for high-volume production and linked supply chains to accommodate the ever-expanding populace is anticipated to spur the manufacturing execution system market. Firms are progressively pouring investments into cutting-edge software and AI-centric systems to satisfy the rapidly multiplying requirements for mass production tasks and linked supply chains. For example, a report by Statistics Canada, a Canadian governmental agency, confirmed in July 2023 that almost 19.5% of manufacturing companies expressed a desire to enlarge their existing business or organizational premises in the ensuing 12 months. This figure surpasses double the proportion seen in the arts, entertainment, and recreation field (8.2%) and nearly triples the entire commercial average (6.7%). Close to 9.0% of manufacturing firms intended to branch out into other locations within the same province, mirroring numbers seen in administrative and support, waste management, and remediation services (9.1%). Also, more than 5.5% of manufacturing enterprises aimed at international expansion, with identical goals echoed by 5.3% of firms in arts, entertainment, and recreation, as well as 4.5% in wholesale trade. Therefore, large-scale production and linked supply chains are predicted to energize the manufacturing execution system sector.
What Are The Major Segments Within The Global Manufacturing Execution System Market?
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 And Beverages, Oil And Gas, Chemicals, Pulp And Paper, Pharmaceutical And Life Sciences, Energy And Power, Water And Wastewater Management, Other Process Industries
Subsegments:
1) By Software: MES Software, Advanced Planning And Scheduling Software, Quality Management Software, Manufacturing Intelligence Software
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services
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Which Trends Are Expected To Transform The Manufacturing Execution System Market?
Leading corporations in the manufacturing execution system industry are rolling out the newest versions of MES in response to growing needs for heightened operational efficiency. The most recent MES version represents the freshest release of this software, complete with new features, improvements, and bug fixes to aid in the management and tracking of manufacturing procedures. For example, AVEVA, a corporate payment expert based in the UK, introduced the AVEVA Manufacturing Execution System 2023 in February 2023. This update includes enhancements for multi-site MES schemes, optimizing operational efficiency, sustainability, and the robustness of the supply chain. The new upgrade enables a single MES to be deployed centrally throughout different venues, decreasing total ownership cost. Additionally, it includes the management of personnel shifts, amplified security measures, and facilitates multi-site MES data center implementation across diverse time zones, languages, and cultures. The goal of this release is to assist manufacturers in achieving digital transformation and heightening adaptability and resilience in a world recovering from a pandemic.
Who Are the Key Players in the Manufacturing Execution System Market?
Major companies operating in the manufacturing execution system market include:
• 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
What Is The Most Dominant Region In The Manufacturing Execution System Market?
Asia-Pacific was the largest region in the manufacturing execution system market in 2024.The regions covered in the manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
