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Manufacturing Execution System Market Progress Rapidly Due to rising need for connected supply chains in various manufacturing industries across the globe - GIS Reports

06-30-2023 04:02 PM CET | Media & Telecommunications

Press release from: Global Insight Services

Manufacturing Execution System Market Progress Rapidly Due

New York, Global Manufacturing Execution System Market report from Global Insight Services is the single authoritative source of intelligence on Manufacturing Execution System Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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A Manufacturing Execution System (MES) is a software application that provides a comprehensive real-time overview of the manufacturing process. MES systems are used to track and control production processes, including the movement of materials, the assembly of products, and the testing and quality assurance of finished products. MES systems can also be used to monitor and optimize the performance of manufacturing equipment, and to track and report on the production of individual products.

MES systems are typically deployed on a factory floor, in close proximity to the manufacturing equipment they are monitoring. This allows for real-time data collection and analysis, and for the execution of control commands in near-real-time. MES systems are often integrated with other enterprise software applications, such as Enterprise Resource Planning (ERP) and Product Lifecycle Management (PLM) systems.

Key Players

Some of the key players mentioned are ABB Ltd (Switzerland), AVEVA Group plc (Schneider Electric) (UK), Dassault Systèmes (France), Emerson Electric Co. (US), General Electric Company (US), Honeywell International Inc. (US), Oracle Corporation (US), Rockwell Automation Inc. (US), SAP SE (Germany), and Siemens (Germany).

Read more about Manufacturing Execution System Market here: https://www.globalinsightservices.com/reports/manufacturing-execution-system-market/

Market Segments

The Manufacturing Execution System Market has been segmented into Offering, Deployment Type, Industry Type, and Region. Based on the Offering, the Manufacturing Execution System market is bifurcated into Software and Services. On the basis of Deployment Type, the market is bifurcated into On-Premise and Cloud-Based. Based on Industry Type, the market is bifurcated into Process Industry and Discrete Industry. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and the Rest of the World.

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Key Drivers & Trends

The rising need for connected supply chains in various manufacturing industries across the globe is a key factor projected to drive growth. The growing popularity of manufacturing execution systems among global manufacturers for efficient and enhanced productivity with the help of real-time information helps in lowering production costs as well as fostering market growth globally.

Furthermore, increased investment in development activities by large market players to eliminate non-value factors, systematic and standard processing among all plants, analysis of the problems and immediate resolutions, constant product and service enhancement, and reduction in cost by effective resource utilization are also expected to boost the demand and adoption of MES with a significant growth rate in the coming years.

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With Global Insight Services, you receive:

• 10-year forecast to help you make strategic decisions
• In-depth segmentation which can be customized as per your requirements
• Free consultation with lead analyst of the report
• Excel data pack included with all report purchases
• Robust and transparent research methodology

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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