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A Deep Dive into Modern Manufacturing Execution System Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Modern Manufacturing Execution System Market
The shift towards cloud-based solutions is projected to accelerate the expansion of the modern manufacturing execution system market in the future. These solutions, encompassing software, platforms, or infrastructure services, are hosted and retrieved over the internet rather than being installed on local systems or servers. Their increasing adoption can be attributed to attributes such as scalability, adaptability, accessibility, and cost-efficiency for various industry businesses. In the context of modern manufacturing execution systems (MES), cloud-based solutions provide manufacturers with the ability to access real-time production data, facilitate collaboration across multiple sites, and efficiently expand their operations through remote servers and internet-accessed services. For example, Eurostat, the Luxembourg-based statistical office of the European Union (EU), reports that 45.2% of EU businesses procured cloud computing services in 2023, a rise of 4.2% from 2021. Furthermore, the use of cloud computing among medium-scale enterprises ascended to 59% in 2023, up from 53% in 2021. Simultaneously, the utilization of cloud services among small enterprises grew by 3.8%, reaching 41.7% during the comparable period. Thus, the surge in the uptake of cloud-based solutions is triggering the expansion of the modern manufacturing execution system market.
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What growth opportunities are expected to drive the modern manufacturing execution system market's CAGR through 2034?
In recent years, the market size for modern manufacturing execution systems has escalated quickly. It is projected to increase from $19.68 billion in 2024 to $22.93 billion in 2025, marking a compound annual growth rate (CAGR) of 16.5%. The historic growth in this space is due to factors such as regulatory compliance obligations, the necessity for operational efficiency, the need for real-time clarity, integration with company-wide systems, and growing complexity in manufacturing tasks.
In the near future, the modern manufacturing execution system market is projected to experience brisk growth. It is expected to rise to $41.92 billion by 2029, with a compound annual growth rate (CAGR) of 16.3%. The anticipated growth during the forecast period derives from an accelerated embrace of Industry 4.0 technologies, a transition towards cloud-based solutions, a focus on predictive maintenance, an increase in the complexity of manufacturing functions, and a concentration on sustainable and green manufacturing. Conspicuous trends during the forecast duration comprise of the swift adoption of cloud-based solutions, assimilation with emerging technologies, emphasis on data analytics and predictive perspectives, the proliferation of MES in small and medium-sized enterprises (SMEs), and heightened interoperability and connectivity.
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What are the emerging trends shaping the future of the modern manufacturing execution system market?
Key players in the modern manufacturing execution system market, such as Manufacturing Execution System (MES) software developers, are introducing pioneering products aimed at securing a competitive advantage in the market. This MES software, a digitized system used by manufacturers to monitor and manage their production processes and data in real time, exemplifies these innovations. For example, in February 2023, the UK-based IT consulting firm AVEVA released a new iteration of its MES software for data center deployments. This upgraded version offers multi-site capabilities, tailored to meet the requirements of data center operators by augmenting the MES with monitoring and control features, asset performance, and operational optimization abilities. This software digitizes, standardizes, and enhances operational processes and tasks across industrial manufacturing facilities, managing inventory, production, and quality-related plant activities to guarantee high-quality product output at minimal cost.
Which growth-oriented segments of the modern manufacturing execution system market are leading the industry's development?
The modern manufacturing execution system market covered in this report is segmented -
1) By Component: Software, Service
2) By Deployment: On-Premise, Cloud, Hybrid
3) By Application: Fast Moving Consumer Goods (FMCG), Medical, Automotive, Electronics, Aerospace And Defense, Other Applications
Subsegments:
1) By Software: MES Software (On-Premise), MES Software (Cloud-Based)
2) By Service: Consulting Services, Integration Services, Support And Maintenance Services
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What regions are leading the charge in the modern manufacturing execution system market?
North America was the largest region in the modern manufacturing execution system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modern manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the modern manufacturing execution system market?
Major companies operating in the modern manufacturing execution system market are Siemens AG, accenture* Plc, General Electric Company, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd., Applied Materials Inc., Emerson Electric Co., Rockwell Automation Inc., Dassault Systèmes, Krones AG, Epicor Software Corporation, Aptean Inc., MPDV Mikrolab GmbH, Plex Systems, Yokogawa Electric Corporation, Lighthouse Worldwide Solutions, Werum IT Solutions GmbH, Aegis Software, InfinityQS International, Tebis Technische Informationssysteme AG, Critical Manufacturing, FORCAM GmbH, ATS Global
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What Is Covered In The Modern Manufacturing Execution System Global Market Report?
•Market Size Forecast: Examine the modern manufacturing execution system market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the modern manufacturing execution system market for a structured understanding.
•Key Players Overview: Analyze major players in the modern manufacturing execution system market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the modern manufacturing execution system market.
•Segment Contributions: Evaluate how different segments drive overall growth in the modern manufacturing execution system market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the modern manufacturing execution system market.
•Industry Challenges: Identify potential risks and obstacles affecting the modern manufacturing execution system market.
•Competitive Landscape: Review strategic developments in the modern manufacturing execution system market, including expansions, agreements, and new product launches.g
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