Press release
Manufacturing Execution System (MES) Market Analysis By Siemens, Apriso, IQMS, Epicor, SAP, Plex, Rockwell Software
Global manufacturing execution system (MES) market was valued at approximately USD 9.28 billion in 2017 and is expected to reach approximately USD 21.70 billion by 2024, at a CAGR of around 12.90% between 2018 and 2024.According to SDMR International, Manufacturing Execution System (MES) Market research report provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
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North America is expected to have the largest share in the overall manufacturing execution system (MES) market. Thriving manufacturing industry in the U.S. has helped the manufacturing execution system (MES) market to grow significantly in the North America region. The major reason behind the market growth is growing adoption of big data analytics by several organizations in Canada and the U.S. The recent study conducted by the Dresner Advisory Services’ states that, around 55% of North American organizations have already adopted big data analytics to enhance their operational efficiency. Increasing use of the Internet of Things in the production process is further expected to spur the growth of the manufacturing execution system (MES) market in North America. Manufacturing companies in North America are more certain about connecting their factory floor operations with the cloud technology and a tendency of early implementation of the Internet Of Things could give them a competitive advantage.
Key Players covered in this report:
Siemens
Apriso
IQMS
Epicor
SAP
Plex
Rockwell Software and more….
Rising need to effectively manage evolving challenges in the manufacturing process is expected to boost the demand for the manufacturing execution system (MES) market across the globe. Many companies are facing challenges about connecting hardware components to cloud computing. The manufacturing execution system based on cloud helps in connecting those hardware components by assigning an internet protocol (IP) or transmission control protocol (TCP) address to the device. Manufacturing execution system can integrate with other ERP systems in the organization and this factor is further anticipated to escalate the growth of manufacturing execution system (MES) market globally. Integration of other ERP systems with MES will eliminate the need for standalone systems and provide better information of estimated order delivery dates, and improve decision-making. However, the complex nature of technology may restrain the global manufacturing execution system (MES) market growth.
Key questions answered in this report:
1. What are the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks)?
2. Which consumer segment accounted for the highest sales of Manufacturing Execution System (MES) in 2019?
3. What are the business risks and factors concerning the market?
4. What are some of the most promising, high-growth opportunities for Manufacturing Execution System (MES) market by applications, types and regions?
5. Which region offers the most lucrative opportunities for the market in 2019?
6. What Manufacturing Execution System (MES) product types will be the most in-demand in the current year?
7. What sales channel will account for the largest sales?
8. What are the major challenges facing the Manufacturing Execution System (MES) market?
Market Segment By Key Product Type:
Manufacturing Data Is Fully Managed
Production Plan Management
Capacity Balance Analysis
Task Dispatch Management
Finished Products, In Products, Tools, Tooling Inventory Management
Visualization for Production Systems
Total Quality Management System
Other
Market Segment by Application Type:
Oil & Gas
Chemicals
Food & Beverages
Pulp & Paper
Life Sciences
Power
Water & Wastewater Management
Others
Table of Contents
Part 1 Market Overview
Part 2 Key Companies
Part 3 Global Market Status and Future Forecast
Part 4 Asia-Pacific Market Status and Future Forecast
Part 5 Europe Market Status and Future Forecast
Part 6 North America Market Status and Future Forecast
Part 7 South America Market Status and Future Forecast
Part 8 Middle East & Africa Market Status and Future Forecast
Part 9 Market Features
Part 10 Investment Opportunity
Part 11 Conclusion
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