Press release
Manufacturing Execution System Market Revenue and Analysis With Key Players by 2023; Werum Software & Systems AG, Siemens, Schneider Electric, SAP, Rockwell Automation, Honeywell, GE and ABB
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The increasing globalization has forced manufacturing companies to adopt an efficient coordination model, and governance to improve their manufacturing process, across multiple plants around the world. In addition, the growing need of real-time visibility, prerequisite for effective management process, and the reformist revolution within the demand-driven economy, is expected to boost the demand of the manufacturing execution system (MES), during the forecast period.
North America has been the largest manufacturing execution system (MES) market, followed by Europe. The market dominance of North America and Europe is attributed to higher industrial production in these regions. Oil and gas, automotive, and food and beverages are some of the most dominant application segments of manufacturing execution system in the developed regions.
Asia Pacific is the fastest growing market for manufacturing execution system (MES), due to the growing automotive manufacturing facilities, and food and beverage processing industries in the region. China, India, U.S., Germany, Italy, U.K., Spain, Canada, and Japan are the leaders of the manufacturing execution system (MES) market.
Based on the product type, the global manufacturing execution system market can be segmented, as inventory management, performance analysis, quality analysis, data collection and acquisition, document control, resource allocation, and others. Based on application, the global manufacturing execution system market can be categorized into process industry (including oil, chemicals, food and beverages, power, paper and pulp, water and waste water management and others), discrete industry (including automotive, aerospace and defense industry, medical devices industry, fast moving consumer goods (FMCG) industry and others.
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Some of the competitors in the manufacturing execution system market are Werum Software and Systems, Siemens AG, Schneider Electric S.A., SAP, Rockwell Automation Inc., Operator System Aps, Honeywell International Inc., General Electric Co. (GE), Eyelit Inc., Emerson Electric Co., Apriso Corporation, Andea Solutions and ABB Ltd.
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