Press release
Manufacturing Execution System (MES) Market to Attain A Value Of US$19.36 bn 2023
Manufacturing industries implement various planning systems such as ERP or equivalent to decide what products to be manufactured. After completion of the planning stage, the manufacturers determine resources that are currently available in stock for execution of the manufacturing plan. The primary function of MES is to facilitate communication between different divisions in industries and providing enterprise-wide records for improving operational performance. In addition, MES software application provides industries or manufacturing plants with scheduling and planning, tracking and analyzing, and control of manufacturing operations.
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The major factor driving the growth of the market is attributed to the rising demand for industrial automation; primarily in growing economies such as China, India and Brazil. MES provides real-time information of the shop floor providing transparency and better visibility of manufacturing operations. Moreover, MES integrates information or data from the shop floor with business systems, enabling manufacturers with more competitive decision making. In addition, highly regulated industries such as medical device and equipment manufacturers, chemical, and food and beverages among others require intensive internal and external reporting to comply with the strict government regulations. Quality and uniformity is given the maximum importance in such highly regulated industries. MES have the ability to automate essential regulatory processes to ensure government regulations and meet the requirements of reporting in such industries. Increasing adoption of MES is driven by ability of MES for integrating quality management from the shop floor to the top floor offering accurate and flexible work instructions to highly regulated industries. These factors are expected to positively affect the growth of the global MES market during the forecast period.
Based on process industry, the global MES market is segmented into: oil and gas, chemical, food and beverages, pulp and paper, pharmaceutical, energy and power, water and wastewater treatment, and others. Others process industry segment includes textiles, and steel and aluminum. Continuous operation environment in process industries is of critical importance in process industries. MES facilitates process industries with automation, execution and management of manufacturing operations with advanced features such as tracking, scheduling, resource allocation and control, quality assurance, and plant maintenance among others.
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The global manufacturing execution system (MES) market is categorized based on discrete industry into: automotive, aerospace and defense, electronics and electrical, medical devices, FMCG and others. Semiconductors, furniture and wood products, and printing and publishing are included in the others discrete industry segment. Demand for paperless operation, to assist efficient performance and flexibility in operations is contributing to the market growth during the forecast period.
This market research study analyzes the global manufacturing execution system (MES) market and provides estimates in terms of revenue (USD Million) from 2015 to 2023. It recognizes the drivers, restraints and opportunities affecting the industry and analyzes their impact over the forecast period.
By geography, market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). In addition, the report segments the market based on process industry, which include oil and gas, chemical, food and beverages, pulp and paper, pharmaceutical, energy and power, water and wastewater treatment, and others. It also segments the market on the basis of discrete industry into automotive, aerospace and defense, electronics and electrical, medical devices, FMCG and others. All these segments have also been estimated on the basis of geography.
For better understanding of the global manufacturing execution system (MES) market, key trend analysis and porter’s five force analysis are also provided. Furthermore, the study comprises a market attractiveness analysis, where the manufacturing execution system (MES) by process industry and discrete industry are benchmarked based on their market scope, growth rate and general attractiveness.
The report provides company market share analysis of various industry participants. The key players have also been profiled on the basis of company overview, financial overview, business strategies, and the recent developments in the field of manufacturing execution system (MES). Major market participants profiled in this report include ABB Ltd. (Switzerland), Schneider Electric S.E. (France), Rockwell Automation, Inc. (U.S.), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), and SAP SE (Germany) among others.
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Global Manufacturing Execution System (MES) Market: By Process Industry
Oil and Gas
Chemical
Food and Beverages
Pulp and Paper
Pharmaceutical
Energy and Power
Water and Wastewater Treatment
Others
Global Manufacturing Execution System (MES) Market: By Discrete Industries
Automotive
Aerospace and Defense
Electronics and Electrical
Medical Devices
FMCG
Others
Global Manufacturing Execution System (MES) Market: By Geography
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Rest of Europe
Asia Pacific
India
China
Japan
Rest of Asia-Pacific
Rest of the World (RoW)
Latin America
Middle East
Africa
The report provides a cross-sectional analysis of all the above segments with respect to the following regions:
North America
Europe
Asia Pacific
Rest of the World (RoW)
Table of Content
Chapter 1 Preface
1.1 Research description
1.2 Research Scope
1.3 Research Methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Introduction
3.2 Key Trend Analysis
3.3 Market Dynamics : Impact Analysis
3.3.1 Market Drivers
3.3.2 Market Restraints
3.3.3 Market Opportunities
3.4 Porter's Five Force Analysis
3.5 Manufacturing Execution System (MES) Market : Competitive Landscape
3.6 Manufacturing Execution System (MES): Market Attractiveness By Process and Discrete Industry
Chapter 4 Global Manufacturing Execution System (MES) Market Analysis, By Process Industry 2014–2023 (USD Million)
4.1 Overview
4.1.1 By Process Industry: Revenue Share, 2014 vs 2023
4.1.2 Process Industry: Revenue Forecast, 2014 - 2023 (USD Million)
4.2 Oil and Gas Market, 2014 – 2023: (USD Million)
4.3 Chemical Market, 2014 – 2023: (USD Million)
4.4 Food and Beverages Market, 2014 – 2023: (USD Million)
4.5 Pulp and Paper Market, 2014 – 2023: (USD Million)
4.6 Pharmaceutical Market, 2014 – 2023: (USD Million)
4.7 Energy and Power Market, 2014 – 2023: (USD Million)
4.8 Water and Wastewater Treatment Market, 2014 – 2023: (USD Million)
4.9 Others Market, 2014 – 2023: (USD Million)
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