Manufacturing Execution System (MES) report is helpful in assessing the effectiveness of advertising programme and knows the causes of consumer resistance. The market study of this report helps minimize the risks of uncertainties and helps in taking sound decisions. It reveals the nature of demand for the firm’s product to know if the demand for the product is constant or seasonal. The report ascertains the reputation of the firm and its products. Manufacturing Execution System (MES) market is expected to reach USD 19.17 billion by 2025. Market research analysis and insights displayed in this report are very thoughtful for the businesses to make enhanced decisions, to build up better strategies about production, marketing, sales and promotion of a particular product.
Market Analysis: Global Manufacturing Execution System (MES) Market
The Manufacturing Execution System (MES) market is expected to reach USD 19.17 billion by 2025 from USD 8.3 billion in 2017 and is projected to grow at a CAGR of 11.6% in the forecast period of 2018 to 2025.
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The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The renowned players in global Manufacturing Execution System (MES) market are Schneider Electric, ABB, Emerson Electric Co., GENERAL ELECTRIC, Honeywell International Inc., Rockwell Automation, Inc., Werum IT Solutions GmbH, HCL Technologies Limited, Yokogawa India Ltd., Atos SE Wonderware, Thyssenkrupp System, Siemens, SAP, Plex, Oracle SCM Solution, Rockwell Automation, Lighthouse MES Solution, Itac, IQMS, GE Digital, Emerson Synade, Dassault Systemes, Cogiscan, Brighteye and many more.
The manufacturing execution system is totally dominated by software segment which are useful in manufacturing processes. When the data collection is automated, MES schedules, tracks and modifies production activities as well as monitors and controls the performance of equipment..
- In 2017, ABB acquired Base Ten’s MES software business, where expand its industrial information technologies (IT) capabilities in the important pharmaceutical sector.
- In 2017, GE Digital launched new version of manufacturing execution system, where the software is completely digitizes paper-based processes so companies can rise production output of individual person, reduce reporting and administration, downfall defects and material required, and ensure up-to-date routes and work instruction.
The market is based on offering, component, process industry and end user industry and geographical segments.
- By Component Type (On-Premises, On-Demand, Hybrid),
- By Offering (Software And Services),
- By Process Industry (Food & Beverages, Oil & Gas, Water And Wastewater Treatment, Energy And Power Market, Pharmaceutical, Pulp And Paper)
- By End User Industry (Medical Devices, Automotive, Electronics And Electrical And Aerospace And Defense)
- Geographical Segments (North America, South America, Europe, Asia-Pacific, Middle East And Africa)
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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The global manufacturing execution system (MES) market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run, The report includes market shares of Manufacturing Execution System (MES) market for global, Europe, North America, Asia Pacific and South America.
In 2017, GE Digital acquired a startup company called IQP from where GE gets the advantages to boost its Predix industrial internet platform.
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Market Drivers and Restraints:
- Increasing demand for implementation of industrial control systems.
- Growing demand in the field of FMCG segment.
- Rising demand for MES in the chemical and automotive industry.
- Rising demand for automation in oil and gas industries for developing production effectiveness.
- Distortion due to high cost of establishment.
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