Manufacturing Execution Systems (MES) Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity.
The global Manufacturing Execution Systems (MES) Market size is projected to reach a CAGR of 9.7% from 2023-2030.
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Manufacturing Execution System (MES) is a computerized system used for real-time documentation, control, and management of the entire processes involved in manufacturing industries. MES software encompasses the services in the personnel, machines, and support departments of the manufacturing enterprise and enables the integration of various applications employed for purchasing, shipping and receiving, inventory control, maintenance, and scheduling activities.
MES is all about the management of operations on the shop floor and strives to connect the administration to the shop-floor operations to have effective control over them. Even without direct control over any machine, MES tracks and controls almost all the production activities varying from scheduling a small set of critical machines to managing the entire fabrication operation for a manufacturer. MES, a subset of ERP, is instrumental in the execution of the plan outlined by the manufacturing resource planning (MRP) system.
Delvens Industry Expert's Standpoint
The rising demand for operational efficiency in the manufacturing sector led to increased efficiency, reduce costs, and improve quality. The manufacturing execution system (MES) provides real-time visibility into the production process, allowing manufacturers to identify bottlenecks and optimize production. Further, there is a need for manufacturing companies to comply with increasingly stringent quality standards to meet customer demands and regulatory requirements.
Competitive Landscape
- Werum Software and Systems
- Schneider Electric S.A
- Siemens AG
- General Electric Co.
- Rockwell Automation Inc.
- Eyelit Inc.
- Honeywell International Inc.
- Operator Systems Aps
- Emerson Electric Co.
- ABB Ltd
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Recent Developments:
In May 2021, Siemens launched a new Opcenter Execution Discrete 4.1, which provides powerful MES capabilities, complete integration of regulatory and quality requirements, synchronized production processes for optimal supply-chain management, and sustained reductions in maintenance and operation costs.
In November 2021, Rockwell Automation launched new remote access solution which comprises robust security capabilities including multi-factor authentication as well as encrypted protocols. The remote access solution can position OEMs to fulfill current and future remote support requirements.
Key Findings
- Based on components, the manufacturing execution system market is segmented into software and services.
- Based on deployment type, the manufacturing execution system market is segmented into on-premises and cloud. The on-premises segment accounted for a larger market share in 2021.
- Based on industry type, the manufacturing execution system market is segmented into process industry and discrete industry.
- The market is also segmented into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
Regional Analysis
Asia-Pacific to Dominate the Market
- Asia-Pacific is expected to continue to hold a significant share of the MES market over the forecast period, majorly due to the presence of several significant MES vendors.
- Asia-Pacific’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.
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In addition to the market data for Manufacturing Execution Systems (MES) Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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