MANUFACTURING EXECUTION SYSTEM MARKET SIZE, SHARE, TRENDS, GROWTH AND DEMAND FORECAST TO 2023

24/ago/2018 00:49:07 Nasir Jones Contatta l'autore

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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.

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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.

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.

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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.

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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.

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