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Manufacturing Execution System Market: Size, Share, Type, Application And By Ownership, Forecast To 2032
Manufacturing Execution System Market
The Business Research Company's Manufacturing Execution System Global Market Report 2023 increase in demand for mass production and a connected supply chain to cater as the major driver for the Manufacturing Execution System market's growth in the forecast period. The 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.
The global manufacturing execution system market size grew from $13.21 billion in 2022 to $14.73 billion in 2023 at a compound annual growth rate (CAGR) of 11.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The manufacturing execution system market size is expected to grow to $22.89 billion in 2027 at a CAGR of 11.7%.
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Major competitors in the Manufacturing Execution System 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
A key trend in the Manufacturing Execution System market includes Technological innovations. The companies operating in the manufacturing execution systems market are developing innovative products with advanced technologies to meet the fast-growing demand from end customers and strengthen their market position
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The 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, Other Process Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Manufacturing Execution System market.
The Business Research Company's "Global Manufacturing Execution System Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Manufacturing Execution System Market Include:
1. Executive Summary
2. Manufacturing Execution System Market Characteristics
3. Manufacturing Execution System Market Trends And Strategies
4. Manufacturing Execution System Market - Macro Economic Scenario
5. Manufacturing Execution System Market Size And Growth
.......
26. Africa Manufacturing Execution System Market
27. Manufacturing Execution System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Manufacturing Execution System Market
29. Manufacturing Execution System Market Future Outlook and Potential Analysis
30. Appendix
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