Global Market for Manufacturing Execution System is Anticipated to grow at a Steady Pace i.e., USD 17.9 Billion during the Forecast Period 2021-2027

Published Date: Dec, 2021

The global manufacturing execution system market is expected to witness a CAGR of 8.4% during the forecast period. The organizations are giving importance to manufacturing execution system projects like ERP and PLM. Also, organizations are seeing manufacturing as a competent differentiator and are adopting a manufacturing execution system as a key priority. The rising shift towards production orders, process steps, and directives and documentation with information from the ERP and other enterprise business systems will accelerate the growth of the manufacturing execution system market. Moreover, the rising significance of regulatory compliance and fiscal policies formulated by regional financial institutions for the survival of manufacturing units during the COVID-19 crisis will accelerate the growth of the global manufacturing execution system market. In addition, the manufacturing execution system is witnessing steady growth owing to the rising demand from water and wastewater treatment, food, and beverage, power industries. Nevertheless, the industry players in the manufacturing execution system are emphasizing providing industry-specific solutions, resulting in creating ideal solutions according to the specific need of an enterprise.

AVEVA strategically teamed with Planet Together, a prominent provider of the Advanced Planning & Scheduling (APS) technology, in April 2021. This collaboration will provide rapid innovations to the AVEVA Manufacturing Execution System in terms of visual planning and scheduling, multi-plant production planning and production schedule enhancement, and expanding AVEVA’s investments in Industry 4.0 manufacturing solutions.

The COVID-19 pandemic has had a massive impact on the economies globally owing to the temporary shutdown of manufacturing units as a result of lockdown. This has disrupted the supply and distribution chain in different industry verticals. However, post-pandemic, the modern manufacturing execution system will regain its momentum and will grow exponentially.  

Browse 63 market data Tables and 40 Figures spread through 250 Pages and in-depth TOC on " Manufacturing Execution System Market by Component (Software and Services (Implementation, Software Upgrade, Training, and Maintenance)), by Deployment (On-Premise, On-Demand, and Hybrid), by Process Industry (Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceutical & Life Sciences, Energy & Power, Water & Wastewater Management, and Others), by Discrete Industry (Automotive, Aerospace, Medical Devices, Consumer Packaged Goods, and Others (Electronics & Semiconductor, Textile, Solar & Photovoltaic Cells, Printing & Publishing, Furniture & Wood Products)), and Region - Global Forecast to 2027"

By process industry, the pharmaceutical and life sciences will provide a significant share during the forecast period.

The pharmaceutical and life sciences are anticipated to have a substantial share as the manufacturing execution system offers the pharmaceutical industry to decrease production costs and enhance compliance with regulatory requirements worldwide.  The adoption of barcodes, serialization numbers, and incorporation of RFID tags inside the packaging equipment will enhance the quality of traceability and tracking, resulting in the growth of the MES market.

Global Manufacturing Execution System Market Segmentation Analysis

Segment

Categorization

Leading Category

Component

Software and Services (Implementation, Software Upgrade, Training, and Maintenance)

Services (High CAGR)

Deployment

On-Premise, On-Demand, and Hybrid

On-Premise (Largest)

Hybrid (Fastest)

Process Industry

Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceutical & Life Sciences, Energy & Power, Water & Wastewater Management, and Others

Pharmaceutical (Largest)

Discrete Industry

Automotive, Aerospace, Medical Devices, Consumer Packaged Goods, and Others (Electronics & Semiconductor, Textile, Solar & Photovoltaic Cells, Printing & Publishing, Furniture & Wood Products)

Automotive (Significant Growth)

Region

North America, Europe, Asia-Pacific, and Rest of the World

North America (Largest)

Asia-Pacific (Fastest)

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“North America is projected to have the largest regional market share during 2021-2027.”

North America is anticipated to hold the largest share in the manufacturing execution system market owing to the presence of major industry players like Honeywell, Oracle, Emerson, and Rockwell Automation, etc. that focus on innovation. Furthermore, the region has a strong financial position and invests massively in developing advanced solutions, focus on continuous expansion and investment towards digitalization across industry verticals will create opportunities for growth in the region.

Some of the major players in the global manufacturing execution system market include ABB, AVEVA Group plc, Dassault Systèmes, Honeywell International Inc., Rockwell Automation, Inc, Siemens, Emerson Electric Co., Oracle, Schneider Electric, and General Electric.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Component Type, Deployment, Process Industry, Discrete Industry and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

ABB, AVEVA Group plc, Dassault Systèmes, Honeywell International Inc., Rockwell Automation, Inc, Siemens, Emerson Electric Co., Oracle, Schneider Electric, and General Electric

Global Manufacturing Execution System Market Coverage

Component Type Insight and Forecast 2015-2027

  • Software
  • Services
    • Implementation
    • Software Upgrade
    • Training, and Maintenance

Deployment Insight and Forecast 2015-2027

  • On-Premise
  • On-Demand
  • Hybrid

Process Industry Insight and Forecast 2015-2027

  • Food & Beverages
  • Oil & Gas
  • Chemicals
  • Pulp & Paper
  • Pharmaceutical & Life Sciences
  • Energy & Power
  • Water & Wastewater Management
  • Others

Discrete Industry Insight and Forecast 2015-2027

  • Automotive
  • Aerospace
  • Medical Devices
  • Consumer Packaged Goods
  • Others (Electronics & Semiconductor, Textile, Solar & Photovoltaic Cells, Printing & Publishing, Furniture & Wood Products)

Geographical Segmentation

Manufacturing Execution System Market by Region

North America

  • By Component Type
  • By Deployment
  • By Process Industry
  • By Discrete Industry
  • By Country – U.S., Canada, and Mexico

Europe

  • By Component Type
  • By Deployment
  • By Process Industry
  • By Discrete Industry
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Component Type
  • By Deployment
  • By Process Industry
  • By Discrete Industry
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Component Type
  • By Deployment
  • By Process Industry
  • By Discrete Industry
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries