Manufacturing Execution System Market Key Players, Application, Demand, Industry Research Report by Regional Forecast to 2028, The Insight Partners

According to our latest market study on "Manufacturing Execution System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Deployment, and Industry Type," the market is projected to reach US$ 24,286.32 million by 2028 from US$ 11,880.90 million in 2021; it is expected to grow at a CAGR of 10.8% from 2021 to 2028. Manufacturing Execution System market report offers one of the best solutions to know the trends and opportunities in Manufacturing Execution System industry. The report contains top to bottom analysis and estimation of various market related factors that are incredibly crucial for better decision making. Furthermore, this Manufacturing Execution System research report takes into consideration several industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. Thus, the report makes businesses to focus on the more important aspects of the market

Download Sample Report (Including Full TOC, List of Tables & Figures, Graphs, and Chart) @ https://www.theinsightpartners.com/sample/TIPRE00006449/?utm_source=OpenPR&utm_medium=10212

The enterprises recognize manufacturing competency as a critical factor to stay competitive in the market, resulting in the high adoption of manufacturing execution system (MES) solutions at a greater priority. Further, some enterprises consider product quality as an essential factor in the manufacturing systems strategy, thereby looking for the advantages of integrating quality compared to keeping quality as a different system and process. Thus, the factors mentioned above are boosting the adoption of MES.

The Key Players In The Global Manufacturing Execution System Market Are:

•42Q
•AVEVA Group plc
•Dassault Systemes SE
•EAZYWORKS INC.
•Emerson Electric Co.
•General Electric Company
•Honeywell International Inc.
•Oracle Corporation
•SAP SE
•Rockwell Automation, Inc.

The manufacturing execution system (MES) is often integrated with other solutions, such as supply chain management solutions, enterprise resource planning (ERP) solutions, product lifecycle management solutions, and other information technology systems. This ease of integration of the MES solution allows end users to improve supply chain visibility, regulatory compliance, customer satisfaction, agility and time-to-market (TTM), machine utilization and energy efficiency, and sustainable production. The MES directly pulls data from equipment aligned with production and instantly shares it with ERP systems, with minimum human intervention. The data is analyzed to examine the quantities and qualities of materials consumed in the production process and its items. It also helps plant operators interact bidirectionally with production equipment and other systems, thereby decreasing downtime and optimized costs and inventory.

Several ERP providers are focused on the Internet of Things (IoT) and the ability to form communication connections between various systems and devices. The MES help improve communications between decision-makers and machines or equipment, as they can directly extract precise data from manufacturing equipment and share them with the ERP systems without human intervention. These data may include quantities of items manufactured and materials consumed and qualitative data related to items produced, yield losses, and quantities approved/non-approved after quality tests. Thus, the integration of MES with other systems installed in manufacturing plants helps reduce time spent on the manual sharing production data to the ERP systems, alongside ensuring the accuracy of data recorded. Therefore, the high degree of integration with other solutions offers opportunities for manufacturing execution system market.

Download PDF Brochure: To Know the Impact of COVID-19 on this Industry @ https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00006449/?utm_source=OpenPR&utm_medium=10212

The Segments and Sub-Section of Manufacturing Execution System Market are
shown below:

By Component (Software and Services)

By Deployment (Cloud and On-Premise)

By Industry Type (Process Industry and Discrete Industry)

Impact of COVID-19 Pandemic on Manufacturing Execution System Market

The tremendous spread of the COVID-19 pandemic had urged governments worldwide to impose strict restrictions on vehicles and human movement. Due to travel restrictions, mass lockdowns, and business shutdowns, the COVID-19 pandemic has affected economies and countless manufacturing and production industries in various countries. The lockdown imposition has reduced the production of commodities, goods, and services.

In 2020, the COVID-19 pandemic adversely affected the global economies, leading to many challenges. Several manufacturing industries were temporarily closed because of lockdowns, which reduced the demand for manufacturing execution system (MES) solutions globally. According to the World Manufacturing Production Statistics by the United Nations Industrial Development Organization (UNIDO), for the second quarter (April-June) in 2020, global manufacturing output decreased by 11.2% compared to the same quarter in 2019. China is expected to record a greater drop (1.6%) than industrialized economies in the US, and Europe, wherein value-added in 2020 plummeted by 15% and 14.3%, respectively. Therefore, as the MES solutions are directly proportional to manufacturing activities, the manufacturing execution system market was adversely affected by the COVID-19 pandemic.

According to the Regional Segmentation the Events Market provides the Information covers following regions:

•North America
•South America
•Asia & Pacific
•Europe
•MEA (Middle East and Africa)

Answers that the report acknowledges:

•Market size and growth rate during forecast period.
•Key factors driving the Manufacturing Execution System Market.
•Key market trends cracking up the growth of the Manufacturing Execution System Market.
•Challenges to market growth.
•Key vendors of Manufacturing Execution System Market.
•Detailed SWOT analysis.
•Opportunities and threats faces by the existing vendors in Global Manufacturing Execution System Market.
•Trending factors influencing the market in the geographical regions.
•Strategic initiatives focusing the leading vendors.
•PEST analysis of the market in the five major regions.

Order a Copy of this Manufacturing Execution System Market Report@ https://www.theinsightpartners.com/buy/TIPRE00006449/?utm_source=OpenPR&utm_medium=10212

Contact Us:

If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

ABOUT US:

The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.

This release was published on openPR.