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Manufacturing Execution System Market: Size And Trends Shows A Rapid Growth By 2031 - ABB Ltd., AVEVA plc, Dassault Systèmes, Honeywell International, Inc., Rockwell Automation

10-31-2022 05:44 AM CET | IT, New Media & Software

Press release from: The Business research company

Manufacturing Execution System Market

Manufacturing Execution System Market

The global manufacturing execution system market report by the business research company identifies increase in demand for mass production and a connected supply chain to cater to the growing population to be a major growth driver for the manufacturing execution system market. Companies are increasingly investing in advanced software and AI-based systems to meet the fast-growing demand for mass production activities and connected supply chains. For instance, according to the study published by the United Nations Industrial Development Organization, in the Q4 of 2021, global manufacturing production observed a year-on-year growth of 3.3%, following an increase of 5.8% and 17.8% in Q3 and Q2 respectively. Additionally, according to the study conducted by PwC, a Global Industry 4.0 Survey, it was reported that the implementation of manufacturing execution systems in production lines contributed to a 30% increase in productivity and increased ROI from cost savings of 3% and additional revenue of 3%. Therefore, mass production and a connected supply chain are expected to boost the manufacturing execution system market.

The global manufacturing execution system market size is expected to grow from $11.85 billion in 2021 to $13.18 billion in 2022 at a compound annual growth rate (CAGR) of 11.23%. The global manufacturing execution system market size is expected to reach $20.30 billion in 2026 at a CAGR of 11.40%.

Purchase The Manufacturing Execution System Market Report Here:
https://www.thebusinessresearchcompany.com/report/manufacturing-execution-system-global-market-report

Asia-Pacific was the largest region in the global manufacturing execution system market in 2021. The regions covered in the global manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the organic food market are ABB Ltd., AVEVA plc, Dassault Systèmes, Honeywell International, Inc., Rockwell Automation, Inc., Siemens AG, SAP SE, General Electric Company, Oracle Corporation, Emerson Electric Co., Werum IT Solutions GmbH, Andea Solutions, Schneider Electric SE, HCL Technologies, and SAP AG.

The global manufacturing execution system market is segmented -
1) By Offering: Software, Services
2) By Deployment: On-premise, On-demand, Hybrid
3) By Organization Size: Small and Medium Size Enterprise, Large Enterprise
4) By Process Industry: Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceutical & Life Sciences, Energy & Power, Water & Wastewater Management, Others

Request A Sample Of The Manufacturing Execution System Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6560&type=smp

The Manufacturing Execution System Market Report Contents Include
1. Executive Summary
2. Manufacturing Execution System Market Characteristics
3. Manufacturing Execution System Market Trends And Strategies
4. Impact Of COVID-19 On Manufacturing Execution System
5. Manufacturing Execution System Market Size And Growth
....
28. Key Mergers And Acquisitions In The Manufacturing Execution System Market
29. Manufacturing Execution System Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the manufacturing execution system market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that excels in company, market, and consumer research. It has published over 3000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

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