Press release
Manufacturing Execution Systems Market Set for Rapid Growth and Trend by 2026
Manufacturing Execution Systems Market
A Manufacturing Execution System (MES) enhances the efficiency and precision of the manufacturing process. At present, there is a marked need for process automation as manufacturers are not only emphasizing increasing productivity but also improving the operational quality of production processes. To achieve enhanced productivity and quality, manufacturers around the globe are adopting manufacturing execution systems equipped with technologies such as Big Data, Augmented Reality (AR), and Industrial Internet of Things (IIoT) platforms, among others. According to Rockwell Automation, one of the leading player in the MES market, by the end of 2020, industrial manufacturers would exceed 50 billion connected devices along with multiple IIOT applications depending on them.
The global manufacturing execution systems market is expected to grow at a CAGR of approx. 12.03% during the forecast period, 2019–2026
Grab a Free Sample PDF copy of the Manufacturing Execution Systems Market Report 2019 @ https://straitsresearch.com/report/manufacturing-execution-systems-market/request-sample
The Major Players Covered in this Report: ABB Ltd., Andea Solutions, BrightEye, Dassault Systems, Emerson Electric Co., General Electric Company, Honeywell International Inc., IQMS Manufacturing ERP, LTI (Larsen & Toubro), ORACLE, PLEX, Rockwell Automation, Birlasoft Limited, 3YOURMIND GmbH, FUJITSU, Tulip Interfaces, Inc., and SAP AG. & More.
The analysis of the Manufacturing Execution Systems Market by lays out the market size information and knowledge about the market trends along side factors and parameters influencing it in both short- and long-term. The research provides a comprehensive 360° view and insights, outlining the main outcomes of the industry. These essential insights assist the decision-makers in formulating better business plans and make informed decisions for improved profitability. Moreover, the analysis helps venture capitalists in understanding the businesses with a far better perspective and make aware decisions.
By Deployment, On-premise, CloudProduct Function, Document Control, Inventory Management, Production Performance Analysis, OthersProcess Industry, Pharma, Chemical, Oil & Gas, Others, Discrete Industry, Automotive, Aerospace & Defense, Medical Devices, Others
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2019 to 2026
The report is a valued asset for the active players, new participants, and future investors, and provides a comprehensive assessment across regions such as:
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Manufacturing Execution Systems in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Manufacturing Execution Systems market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Manufacturing Execution Systems and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Manufacturing Execution Systems. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
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Key Manufacturing Execution Systems Market Trends:
- The report identifies, determines, and forecasts the Global Manufacturing Execution Systems Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Manufacturing Execution Systems Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Manufacturing Execution Systems Market.
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