Global Manufacturing Execution System (MES) Market, By Organization Size (Small and Medium Size Enterprise and Large Enterprise), Component Type (On-Premises, On-Demand and Hybrid), Process Industry (Food and Beverages, Oil and Gas, Water and Wastewater Treatment, Energy and Power Market, Pharmaceutical, Pulp and Paper), Offering (Software and Services), End-User Industry (Medical Devices, Automotive, Electronics and Electrical and Aerospace and Defense), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Manufacturing Execution System (MES) Market
Growth and expansion of semiconductors industry especially in the emerging ones, growing usage of manufacturing execution system (MES) by the aerospace and defense industry, surging product demand for implementation of industrial control systems, rising up gradation of existing infrastructure with advanced systems and increasing infrastructural development activities especially in the developing economies are the major factors attributable to the growth of manufacturing execution system (MES) market. Data Bridge Market Research analyses that the manufacturing execution system (MES) market will exhibit a CAGR of 12.05% for the forecast period of 2022-2029. Therefore, the manufacturing execution system (MES) market value would rocket up to USD 39.67 billion by 2029.
From the name itself, it is clear that manufacturing execution system (MES) is a system, used by a wide range of industry verticals to enhance their operations effectively and efficiently. Manufacturing execution system (MES) ensure effective execution of production operations and increase production output.
Rising demand from the pulp and paper industry and growth in the focus towards development in manufacturing design and necessity to accomplish production efficacy will emerge as the major market growth driving factors. Growing demand for automation in oil and gas industries, surging need for real time visibility, increasing initiatives by the government to promote awareness and introduce favourable policies, and widespread industrialization will further aggravate the market value. Growing expenditure to undertake research and development proficiencies, easy availability of resources and low cost required for production purposes in the emerging economies and growing demand for optimum resource utilization will further carve the way for the growth of the market.
However, high costs associated with the research and development proficiencies and rising distortion due to high cost of establishment will act as a growth restraint for the market. Also, stringent regulatory framework and lack of understanding of the benefits will further dampen the growth rate of the market. Large scale technological and infrastructural limitations in the underdeveloped economies and high investment and operating costs associated with the deployment will further challenge the market growth rate.
This manufacturing execution system (MES) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on manufacturing execution system (MES) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Manufacturing Execution System (MES) Market Scope and Market Size
The manufacturing execution system (MES) market is segmented on the basis of component type, process industry, organization size, offering and end-user industries. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of organization size, the manufacturing execution system (MES) market is segmented into small and medium enterprise and large enterprise.
- On the basis of component type, the manufacturing execution system (MES) market is segmented into on-premises, on-demand and hybrid.
- Based on process industry, the manufacturing execution system (MES) market is segmented into food and beverages, oil and gas, water and wastewater treatment, energy and power market, pharmaceutical and pulp and paper.
- Based on offerings, the manufacturing execution system (MES) market is segmented into software and services.
- The manufacturing execution system (MES) market is also segmented on the basis of end-user industry into medical devices, automotive, electronics and electrical and aerospace and defense.
Manufacturing Execution System (MES) Market Country Level Analysis
The manufacturing execution system (MES) market is segmented on the basis of component type, process industry, organization size, offering and end-user industries.
The countries covered in the manufacturing execution system (MES) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region dominates the manufacturing execution system (MES) market will continue to flourish its trend of dominance during the forecast period owing to the rising technological investments in the manufacturing of machinery and industrial tools, growth and expansion of semiconductors industry and increasing demand by the chemical and automotive industries.
The country section of the manufacturing execution system (MES) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Manufacturing Execution System (MES) Market Share Analysis
The manufacturing execution system (MES) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to manufacturing execution system (MES) market.
Some of the major players operating in the manufacturing execution system (MES) market are ABB, Schneider Electric, Emerson Electric Co., General Electric, Honeywell International Inc., Rockwell Automation, Inc., Körber AG., Yokogawa India Ltd., AVEVA Group plc, thyssenkrupp System Engineering GmbH, Siemens, Plex, Oracle, Lighthouse Systems, Dassault Systèmes, Cogiscan, Yokogawa Electric Corporation., Accenture and SAP SE among others.