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Manufacturing Execution System Market

P&S Market Research-Manufacturing Execution System Market report

Global Manufacturing Execution System Market Size, Share, Development, Growth and Demand Forecast to 2023

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Report Code: SE10361
Available Format: pdf

The growing application of cloud based services, increasing mobility, and upsurge in the parallel data processing capacity, and technological advantages, such as real time analysis capability of the MES system, are expected to drive the growth of the manufacturing execution systems (MES), during the forecast period. With sophisticated and modern features, the manufacturing execution system is witnessing a wide adoption, even within medium and small manufacturing facilities; however factors, such as wide scale implantation, high initial cost, long installation period, and complexity of technology involved in MES, are hindering the growth of the manufacturing execution system market.

The increasing globalization has forced manufacturing companies to adopt an efficient coordination model, and governance to improve their manufacturing process, across multiple plants around the world. In addition, the growing need of real-time visibility, prerequisite for effective management process, and the reformist revolution within the demand-driven economy, is expected to boost the demand of the manufacturing execution system (MES), during the forecast period.

Manufacturing execution systems (MES) are integrated with, product lifecycle management (PLM), supply chain management (SCM), and enterprise resource planning (ERP) applications to facilitate visibility, control, and synchronization in the manufacturing processes. The prime objective of manufacturing execution systems (MES) is to strengthen the overall manufacturing process capability, irrespective of the manufacturing production capacity. The conventional manual based operation is now being replaced with connected network of numerous manufacturing execution systems (MES). MES also offers high productivity, at lower cost, in a short turnaround time.

North America has been the largest manufacturing execution system (MES) market in 2014, followed by Europe. The market dominance of North America and Europe is attributed to higher industrial production in these regions. Oil and gas, automotive, and food and beverages are some of the most dominant application segments of manufacturing execution system in the developed regions. Asia Pacific is the fastest growing market for manufacturing execution system (MES), due to the growing automotive manufacturing facilities, and food and beverage processing industries in the region.  China, India, U.S., Germany, Italy, U.K., Spain, Canada, and Japan are the leaders of the manufacturing execution system (MES) market. The oil and gas based economy of Middle-East countries, such as UAE, Qatar, and Iraq are laying significant market opportunities for the manufacturing execution market owing to their increasing adoption in the region. The new crude oil manufacturing facilities in the Gulf of Mexico, along with rapid industrialization in Brazil are the major drivers for the MES market in South America.

Based on the product type, the global manufacturing execution system market can be segmented, as inventory management, performance analysis, quality analysis, data collection and acquisition, document control, resource allocation, and others. Based on  application, the global manufacturing execution system market can be categorized into  process industry (including oil, chemicals, food and beverages, power, paper and pulp, water and waste water management and others), discrete industry (including automotive, aerospace and defense industry, medical devices industry, fast moving consumer goods (FMCG) industry and others.

With the increasing number of mergers and acquisitions, consolidation in the manufacturing execution system has been observed, during the past few years. Siemens acquired Elan Software Systems, in 2010. Similarly in 2009, SAP acquired Visiprise, which operates in discrete manufacturing industries MES system, such as high technology, aerospace and defense, medical device, automotive, and others.

Some of the competitors in the manufacturing execution system market are Werum Software and Systems, Siemens AG, Schneider Electric S.A., SAP, Rockwell Automation Inc., Operator System Aps, Honeywell International Inc., General Electric Co. (GE), Eyelit Inc., Emerson Electric Co., Apriso Corporation, Andea Solutions, and ABB Ltd.

 

Report Coverage

  • Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
  • Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
  • Uncovers potential demands in the market
  • Porter analysis identifies competitive forces within the market
  • Provides information on the historical and current market size and the future potential of the market
  • Provides sizes of key regional markets using yardsticks of segments
  • Highlights the competitive scenario of the market and major competitors
  • Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.

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