Press release
Manufacturing Execution System Market Outlook to 2027 with Top Key Players like ABB, Dassault Systemes, Emerson Electric, General Electric, Honeywell International, Rockwell Automation, SAP SE
With the increasing demand for enhancing productivity and executing complex production processes efficiently, companies across the region are inclined toward adopting manufacturing execution systems. Also, the growth of manufacturing execution systems is attributed to increasing investments in the manufacturing sector and developments in industrial automation. Further, demand for manufacturing execution system software and services are predicted to grow in the coming years, owing to an increase in demand for automated operations from manufacturing industries in various developing countries of Asia Pacific.
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The major benefits of manufacturing execution systems comprise reduced work in process inventory, labor tracking, and the ability to review efficiency by work centers. Manufacturers from all over the world can benefit from the integration of manufacturing execution system with enterprise resource planning, product lifecycle management, and others to transform the manufacturing processes in terms of control and synchronization.
Key Reasons to Acquisition this Report:
• To provide detailed information regarding the major factors influencing the growth of the Enterprise Server Market (drivers, restraints, opportunities, and challenges)
• To forecast the market size, in terms of value, with regard to 4 main regions - Asia Pacific (APAC), Europe, North America, and Rest of the World (ROW) - along with their respective countries
The prominent players in the manufacturing execution system Market include: ABB Ltd., Dassault Systemes SE, Emerson Electric Co., General Electric Company, Honeywell International Inc., Rockwell Automation, Inc., SAP SE, Schneider Electric SE, Siemens AG, Werum IT Solutions GmbH (Korber), among others.
With the increasing adoption of digital technologies organizations worldwide, the demand for manufacturing execution system and services is growing at a good pace. The manufacturing execution system is quite popular in developed regions such as North America and Europe and their demand in developing regions such as the Asia Pacific is growing at an impressive rate. The demand for manufacturing execution system from the industries such as process industries and discrete industries, high adoption of cost-efficient automation technologies, increasing need for tracking real-time data are some of the factors that are impacting the global manufacturing execution system market.
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Strategic Insights
The players operating in the manufacturing execution system market are highly focused on product development to offer enhanced solutions and services to their customers. Few of the recent developments are listed below:
2019: GE announce the introduction of Predix Manufacturing Data Cloud (MDC) used in concert with a traditional Manufacturing Execution System (MES). This cloud solution is built to consolidate as well as transform manufacturing data across plants for enterprise cloud storage and analysis.
2018: ABB in collaboration with Werum IT Solutions launched hop Floor Integration Version 2.0. The solution reduces validation, engineering, and testing time and decreases the plant’s downtime.
2017: Rockwell announce the further expansion and enhancement of MES applications. The new suite has capability to expand the functionality across its portfolio of scalable MES applications based on the FactoryTalk Production Centre platform from Rockwell Automation.
Global Manufacturing Execution System – Market Segmentation
By Component
• Software
• Services
By Deployment
• Cloud
• On-Premise
By Industry Type
• Process Industry
• Discrete Industry
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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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