Press release
Global Manufacturing Execution System (MES) Market Dynamic Development On Revenue Factors With Key Players: Atos, SAP, Siemens, Oracle, Rockwell Automation, Emerson, Dassault Systemes, ABB, Schneider Electric, Emerson Electric Co., GE, Honeywell, Plex
The Manufacturing Execution System (MES) report makes available the current and forthcoming technical and financial details of the industry. Few of the chief insights of the Manufacturing Execution System (MES) report include; distinct analysis of the market drivers and restraints, major market players involved like Semiconductors and Electronics industry, detailed analysis of the market segmentation and competitive analysis. It estimates CAGR values in percentages which help to know the rise or fall occurring in the market for particular product for the specific forecast period. Manufacturing Execution System (MES) report also encompasses strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the marketThis Manufacturing Execution System (MES) report encompasses an endless knowledge and information on what the market’s definition, classifications, applications, and engagements are and also explains the drivers and restraints of the market which is derived from SWOT analysis. Market segmentation study covers research and analysis which is based on numerous market and industry segments such as application, vertical, deployment model, end user, and geography. The important aspects of this market report are key market dynamics, current market scenario and future prospects of the sector. Businesses can surely anticipate the reduced risk of failure with this Manufacturing Execution System (MES) market research report.
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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Market Definition: Global Manufacturing Execution System (MES) Market
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.
Competitive Analysis: Global Manufacturing Execution System (MES) Market
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 Segmentation: Global Manufacturing Execution System (MES) Market
The market is based on offering, component, process industry and end user industry and geographical segments.
Based on component, the market is segmented into on-premises, on-demand and hybrid.
Based on offering, the market is segmented into software and services.
Based on process industry, the market is segmented into food & beverages, oil & gas, water and wastewater treatment, energy and power market, pharmaceutical and pulp and paper.
Based on end user industry, the market is segmented into medical devices, automotive, electronics and electrical and aerospace and defense.
Based on geography, the market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Key Players: Global Manufacturing Execution System (MES) Market
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.
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