Press release
Manufacturing Execution Systems Market 2021 Disclosing Latest Trends and Advancement Outlook 2026
The Manufacturing Execution Systems Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Manufacturing Execution Systems market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Manufacturing Execution Systems market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Manufacturing Execution Systems market.The Manufacturing Execution Systems Market was valued at USD 11.56 billion in 2020 and is expected to reach USD 27.3 billion by 2026, at a CAGR of 15.4% over the forecast period (2021-2026).
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Top Leading Companies of Manufacturing Execution Systems Market are - Siemens AG, Rockwell Automation, SAP SE, ABB Ltd., Dassault Systemes S.A., Honeywell International Inc., AVEVA Group PLC, Applied Materials Inc., Oracle Corporation, General Electric Company, Emerson Electric Co., Epicor Software Corporation and others.
Industry News and Updates:
- October 2019 - Rockwell acquired MESTECH Services, a Through this expansion, the company aims to expand its capabilities to profitably grow Information Solutions and Connected Services globally and accelerate Rockwell’s ability to help its customers execute digital transformation initiatives
- April 2019 - Emerson acquired Bioproduction Group (Bio-G), Through this acquisition Bio-G’s scheduling and modeling systems combined with Emerson’s extensive life sciences technology and expertise portfolio will help companies bring therapies for cancer, diabetes and other illnesses to patients sooner.
Key Market Trends:
Pharmaceutical and Life Sciences Industry to Hold Significant Share
- With the continuously evolving trends in the pharmaceutical industry, manufacturers are experiencing increased pressure to keep pace and modify their operations to meet changing needs. Manufacturing Execution Systems (MES) enable the pharmaceutical industry to reduce production costs and improve compliance with regulatory requirements significantly.
- MES has been successfully implemented within the pharmaceutical & life sciences industry since the Food and Drug Administration (FDA) decreed the final 21 Part 11 regulations on 21 March 1997. These have provided criteria for the acceptance by the FDA, under certain circumstances, of electronic signatures, electronic records, and handwritten signatures executed to electronic records as equivalent to paper records and handwritten signatures executed on paper.
North America to Hold Major Share
- North America is expected to continue to hold the significant share of the MES market over the forecast period, majorly due to the presence of several significant MES vendors, such as Honeywell (United States), and Oracle Corporation (United States), Emerson (United States), and Rockwell Automation (United States) among others which drive innovation. Hence, there is intense competition among the players.
- Moreover, North America’s strong financial position enables it to invest heavily in advanced solutions and technologies that have provided a competitive edge in the market. Also, the region is viewing several partnerships by market players, which is helping them combine their solutions and offerings to increase their market presence.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- Manufacturing Execution Systems Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Manufacturing Execution Systems Market (%),2016 - 2026
- Manufacturing Execution Systems Market Share, By Brand
- Manufacturing Execution Systems Market Share, By Company
- Manufacturing Execution Systems Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Manufacturing Execution Systems Market Value Analysis & Forecast
- Promising Manufacturing Execution Systems Development by Major Companies
- Detailed Manufacturing Execution Systems Portfolio of the Major Companies
- Major Deals in the Manufacturing Execution Systems Market
- Major Companies Analysis
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- Country Level analysis for any 5 countries of your choice.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
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sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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