Who are the key vendors in the Manufacturing Execution Systems market? 

Manufacturing Execution Systems:

The global manufacturing execution systems market is expected to grow at a CAGR of approx. 12.03% during the forecast period, 2019–2026

A Manufacturing Execution System (MES) enhances the efficiency and precision of the manufacturing process. At present, there is a marked need for process automation as manufacturers are not only emphasizing increasing productivity but also improving the operational quality of production processes. To achieve enhanced productivity and quality, manufacturers around the globe are adopting manufacturing execution systems equipped with technologies such as Big Data, Augmented Reality (AR), and Industrial Internet of Things (IIoT) platforms, among others. According to Rockwell Automation, one of the leading player in the MES market, by the end of 2020, industrial manufacturers would exceed 50 billion connected devices along with multiple IIOT applications depending on them.

The report on Manufacturing Execution Systems Market begins with a brief summary that highlights the market overview, which includes future forecast, and analysis of the whole industry. The report has also offered guidance to the key players in the Manufacturing Execution Systems industry which will help them in planning their strategies. Straits Research report has followed a simple pattern that has helped the readers to understand each segment and obtain significant information related to the overall industry.

The report consists of an introduction of market segments, market definition, and market overview. Straits Research has also included a section for market dynamics that covers drivers, trends, opportunities, and restraints impacting the growth of the industry throughout the forecasts period.

The Manufacturing Execution Systems market is segmented into different sections such as by type, by application, by end-users, and by regions. The report about the Manufacturing Execution Systems industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters and models are used which include SWOT analysis, Porters five force model, and pestle analysis.

Some of the key companies operating in the MES market are ABB Ltd., Andea Solutions, BrightEye, Dassault Systems, Emerson Electric Co., General Electric Company, Honeywell International Inc., IQMS Manufacturing ERP, LTI (Larsen & Toubro), ORACLE, PLEX, Rockwell Automation, Birlasoft Limited, 3YOURMIND GmbH, FUJITSU, Tulip Interfaces, Inc., and SAP AG.

Development in technology and innovations have created an educated workforce which ultimately results in increasing per capita income and this particular factor has positively impacted the growth of the Manufacturing Execution Systems market since the past few years.

Countries in APAC exhibit significant growth potential in industrial sectors such as manufacturing, mining, oil and gas, and others. According to a study by Honeywell, one of the leading players in MES, the Pacific region is observed to grow in the mining sector whereas India’s industrial growth is led by the power and energy sector. China is a significant contributor in the capital expenditure for industrial development but registers moderate growth. It can be concluded that the region’s evolving industrial sector will offer several growth prospects for the MES market.

Segmentation of Manufacturing Execution Systems Market: By Deployment , On-premise , Cloud,  Product Function , Document Control , Inventory Management , Production Performance Analysis , Others, Process Industry, Pharma, Chemical, Oil & Gas, Others, Discrete Industry, Automotive, Aerospace & Defense, Medical devices, Others,

The competitive landscape of the Manufacturing Execution Systems market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies’ profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.

In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Manufacturing Execution Systems market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.

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