openPR Logo
Press release

Manufacturing Execution Systems (MES) Market Worth $17.83 Billion by 2030

06-20-2023 09:25 AM CET | IT, New Media & Software

Press release from: Meticulous Research®

Manufacturing Execution Systems Market

Manufacturing Execution Systems Market

The Manufacturing Execution Systems Market is projected to reach $ 17.83 billion by 2030, at a CAGR of 7.7% from 2023 to 2030. The growth of this market is attributed to the growing complexity of manufacturing operations, the rising adoption of industrial automation in process and discrete industries and the increasing significance of regulatory compliances. Furthermore, the integration of MES with solutions such as ERP and PLM and increasing applications of MES in the pharmaceutical industry are expected to create significant opportunities for the players operating in this market.

However, the complexities in deploying MES in various industries pose challenges to the growth of this market. Additionally, the requirement for significant capital investments and upgradation & maintenance costs are restraining market growth.

Download Sample Copy: https://www.meticulousresearch.com/download-sample-report/cp_id=5446

The global manufacturing execution systems market is segmented by offering, deployment mode, process industry, discrete industry and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.

Based on offering, the global manufacturing execution systems market is segmented into software and services. The services segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing significance of the post-implementation procedure of several industrial execution systems. Other factors anticipated to drive the growth and demand for the services segment over the forecast period include improved efficiency, decreased waste, and shorter output times in the manufacturing process of various applications in industries such as food & beverages, pharmaceuticals, and consumer packaged goods, among others.

Based on deployment mode, the global manufacturing execution systems market is segmented into on-premise deployment, on-demand deployment, and hybrid deployment. In 2023, the on-premise deployment segment is expected to account for the largest share of the global manufacturing execution systems market. This segment's large market share is attributed to manufacturers' increasing adoption of MES to retain all their existing processes and internal systems, such as authentication and access credentials.

Based on application, the global manufacturing execution systems market is segmented into monitoring, production control, production documentation, production disposition, inventory management, maintenance, quality management, plant-wide production planning and other applications. In 2023, the monitoring segment is expected to account for the largest share of the global manufacturing execution systems market. The large market share of the segment is attributed to the growing need to analyze real-time data to provide better performance contextually and automate workflows, product transactions, and manual tasks to ensure top accuracy.

Speak to Analysis: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5446

Based on end-use industry, the global manufacturing execution systems market is segmented into process industry and discrete industry. In 2023, the discrete industry segment is expected to account for the largest share of the global manufacturing execution systems market. In industries such as automotive manufacturing plants, consumer packaged goods, and medical devices, manufacturing execution systems are used to deliver information that enables the optimization of production activities from order launch to finished goods. The use of manufacturing execution systems in discrete industries helps to efficiently monitor the performance of the manufacturing processes comprising the production of a variety of modules and parts, devices and many other countable goods as per customer demands. The production of goods requires to be done in a serial production process; thereby, MES deployed to track industrial processes helps obtain efficient outputs.

Based on geography, the global manufacturing execution systems market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global manufacturing execution systems market. The region's large market share is attributed to the presence of several MES key players, such as Rockwell Automation, Inc. (U.S.), AVEVA Group Plc (U.K.), Applied Materials Inc. (U.S.), Oracle Corporation (U.S.), General Electric Company (U.S.), Emerson Electric Co. (U.S.), Epicor Software Corporation (U.S.), and Infor Equity Holdings LLC (U.S.).

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.

Key Players:

The key players profiled in the global manufacturing execution systems market study include Siemens AG (Germany), Rockwell Automation, Inc. (U.S.), SAP SE (Germany), ABB Ltd (Switzerland), Dassault Systèmes S.A. (France), AVEVA Group Plc (U.K.), Applied Materials Inc. (U.S.), Oracle Corporation (U.S.), General Electric Company (U.S.), Emerson Electric Co. (U.S.), Epicor Software Corporation (U.S.), Infor Equity Holdings LLC (U.S.), Eyelit Inc. (Canada), Aegis Industrial Software Corporation (U.S.) and Critical Manufacturing, S.A. (Portugal).

Buy Now: https://www.meticulousresearch.com/Checkout/88713237

Key Questions Answered in the Report:

Which are the high-growth market segments based on offering, deployment mode, process industry, discrete industry and geography?

What is the historical market size for manufacturing execution systems across the globe?

What are the market forecasts and estimates for the period 2023-2030?

What are the major drivers, restraints, opportunities, and challenges in the global manufacturing execution systems market?

Who are the major players in the market, and what are their market shares?

Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

About Us

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Manufacturing Execution Systems (MES) Market Worth $17.83 Billion by 2030 here

News-ID: 3094586 • Views:

More Releases from Meticulous Research®

AI in Supply Chain Market to Reach $58.55 Billion by 2031, Growing at a CAGR of 40.4%
AI in Supply Chain Market to Reach $58.55 Billion by 2031, Growing at a CAGR of …
Meticulous Research®-a leading global market research company, published a research report titled, 'AI in Supply Chain Market by Offering (Hardware, Software, Other), Technology (ML, NLP, RPA, Other), Deployment Mode, Application (Demand Forecasting, Other), End-use Industry (Manufacturing, Retail, F&B, Other) & Geography - Global Forecast to 2031' According to this latest publication from Meticulous Research®, the AI in supply chain market is projected to reach $58.55 billion by 2031, at a CAGR
Hair Dryer Market to Reach $12.3 Billion by 2032, Growing at a CAGR of 4.9%
Hair Dryer Market to Reach $12.3 Billion by 2032, Growing at a CAGR of 4.9%
Meticulous Research®-a leading global market research company, published a research report titled, 'Hair Dryer Market Size, Share, Forecast, & Trends Analysis by Model (Foldable, Non-foldable), Type (Cordless, Corded), Technology (Ionic, Tourmaline, Ceramic, Infrared), Power (Low, High), Usage, Distribution Channel - Global Forecast to 2032.' According to this latest publication from Meticulous Research®, in terms of value, the hair dryer market is projected to reach $12.3 billion by 2032, at a CAGR
Vegan Food Market to Reach $109.4 Billion by 2032, Growing at a CAGR of 12.4%
Vegan Food Market to Reach $109.4 Billion by 2032, Growing at a CAGR of 12.4%
Meticulous Research®-leading global market research company, published a research report titled, 'Vegan Food Market Size, Share, Forecast, & Trends Analysis by Type (Dairy Alternatives {Yogurt, Milk, Ice Cream, Cheese, Butter}, Meat Substitutes {Tofu, Nuggets}, Bakery Product), Distribution Channel (B2B, B2C {Convenience Store}) - Global Forecast to 2032.' According to this latest publication from Meticulous Research®, the vegan food market (Markt für vegane Lebensmittel) is projected to reach $109.4 billion by 2032,
IPTV Market to Soar to $145.1 Billion by 2032, Growing at a Strong CAGR of 12.4%
IPTV Market to Soar to $145.1 Billion by 2032, Growing at a Strong CAGR of 12.4%
Meticulous Research®-a leading global market research company, published a research report titled, 'IPTV Market by Subscription Type (Paid Subscription, Freemium Subscription), Connection Type (Single Connection, Multi-connection), Streaming Device (Smart TVs, Laptops & PCs), End User (Individuals, Corporates), and Geography-Global Forecast to 2032.' According to the latest publication from Meticulous Research®, the IPTV market is expected to reach $145.1 billion by 2032, at a CAGR of 12.4% from 2025 to 2032.The growth

All 5 Releases


More Releases for Manufacturing

Manufacturing the Future: Exploring the In-Space Manufacturing Market
Rapid improvements in space technology have created new opportunities for in-space production, transforming the space sector. The in-space manufacturing sector is expanding rapidly as space agencies and private companies investigate ways to manufacture products and structures in space. According to MarketsandMarkets' thorough market research analysis, the worldwide in-space manufacturing market is predicted to expand significantly in the next years. In this blog article, we will evaluate the recent trends and
Global Miscellaneous Market by Types (Gasket, Packing, and Sealing Device Manufa …
The global Miscellaneous market was valued at xx million in 2020 and is projected to reach US$ xx million by 2027, at a CAGR of xx% during the forecast period. Global Miscellaneous Market overview Miscellaneous Market research report offers great insights into the market and consumer data and their interpretation through various figures and graphs. Miscellaneous markets have experienced significant growth in recent years. The main reason for this is the increasing
Smart Factory Transforming from “Manufacturing” to “Intelligent Manufactur …
The concept of “Industry 4.0” was officially announced by the German government in 2013 at the Hannover Messe. Since then, its influence has taken the world by storm. From steam mechanization to power automation to data informatization, the Industry 4.0, driven by “intelligentization”, will completely subvert the expectations, changing perceptions of productivity and production relations in the traditional manufacturing industry by way of qualitative change – an immortal monument, perhaps,
Additive & Conventional Manufacturing – Hybrid Manufacturing Techniques From C …
Croft Filters, based in Warrington, England, have been supplying custom filtration and separation solutions for over 31 years. Over this time, Croft has developed a reputation for their quality, bespoke service through manufacturing a variety of products for specific requirements. These products have included Filtration Cones, Baskets & Screens, Disc Filters and Filtration Housings amongst others, and they are made with Wire Mesh, Wedge Wire and Perforated Plate, depending on
Digital Meter Market 2017 - Al-Jon Manufacturing, Environmental Manufacturing, H …
The Global Digital Meter Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Digital Meter industry. First, "Global Digital Meter Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Digital Meter industry chain structure. Major Companies Covered in this report:- Al-Jon Manufacturing Heitman Laboratories Kws Manufacturing Company Kmb Systems Obvius Holdingd Llc Lubecorp Manufacturing Quadlogic
Competitive Segmentation of Global Mixed-mode Manufacturing Market 2016 Industry …
The market research report titled Mixed-mode Manufacturing Market Research Report 2016 provides a detailed overview of the global Mixed-mode Manufacturing market, in terms of crucial market factors such as the demand drivers, challenges, market segments, key companies, and the recent market trends. The quantitative and the qualitative information presented in this research study is based on primary and secondary sources of information. Moreover, much of the information contained in this