Manufacturing Execution System Market Price, Sales Research, Revenue and Gross Margin Analysis up to 2025
30th
November 2018: The global economic scenario represents increased demand for
automation in industries resulting out of pressure on manufacturing industries
for effectiveness of production processes. Keeping paper-based record systems
invites human errors. As a result, to minimize these errors, MES software helps
accurately. MES plays a pivot role in collaborating information systems with
business systems corporately. Thus replacing traditional paper based systems.
Additionally, MES is capable of integrating information from multiple plant or
factory locations that enables manufacturers to make faster, better and more
competitive decisions. The market size transformation from paper-based systems
to paper-less systems is coined as the major driving factor for the growth of MES
market size.
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The global MES market size is estimated to grow during the
forecast period. The major driving factors of this market size are growing
demand for enhanced productivity and implementing complex production processes
efficiently. Additionally, the need for meeting regulation compliances in
highly regulated industries such as food and beverages and pharmaceutical
drives the need for automation. This in turn boosts the growth of MES market
size across the globe. Moreover, demand for paperless operation from
manufacturing industries in APAC developing regions attributes to the growth of
MES market during the forecast period.
The market restraints are heavy costs associated for installation
of MES systems in manufacturing industries. Additional complexities in
installation of MES are hindering the growth of global market. However, Iota
and other technologies such as cloud, big data and industrial mobility have
paved a way for market growth. The trend is expected to grow positively for the
forecast period resulting into next-generation MES enabled with real time data.
On the basis of deployment, the global MES market is segmented into
on-premises, on-demand and hybrid. The hybrid model is predicted to dominate
the segment owing to resemble the characteristics of other types of deployment.
It can collaborate with public and private clouds which can be later altered to
address specific business requirements. It is thus scalable, agile and
flexible.
On the basis of offering, the global MES market is segmented into
software and services. The software segment is anticipated to dominate the
offering segment for the forecast period owing to its heavy utility in the
manufacture process. Again, it is also used in assembly process. On the basis
of process, the global MES market is classified into oil & gas, pulp &
paper, food & beverages, chemicals, pharmaceuticals & life sciences,
energy & power, and waste & waste water management. On the basis of
discrete industry, the global manufacturing execution system (MES) market is
segmented into aerospace, automotive, electronics & electrical, medical
devices and consumer packaged goods. On the basis of geography, the global MES
market spans North America, Europe, Asia-Pacific, Middle-East, Africa and Latin
America. North America is predicted to dominate the global market for the
forecast period owing to The key players in the global manufacturing execution
system market includes ABB ltd, Rockwell Automation Inc, Emersion Electric Co,
General Electric Co, SAP SE and Schneider electric SE.
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