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Manufacturing Execution System Market Key Insights
Manufacturing Execution System Market Analysis by Regions
Manufacturing Execution System Market Analysis by Segments
Manufacturing Execution System Market Size (current and future)
Manufacturing Execution System Market Competitive Benchmarking
3 years ago
Global Manufacturing Execution System Market Size study with COVID-19 impact, by Function (Quality Analysis, Document Control, Inventory Management, Production Tracking, Production Performance Analysis, Resource Allocation, Others), by Process Industry (Oil and Gas, Food and Beverages, Chemical, Power and Energy and Others), by Discrete Industry (Automotive, Consumer Electronics, Aerospace and Defense, Metal and Mining and Others ) and Regional Forecasts 2020-2027.
Global Manufacturing Execution System Market is valued approximately USD 11.39 Billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.50% over the forecast period 2020-2027. A manufacturing execution system is an information mechanism used in a manufacturing unit to monitor, connect, and control complex flows and manufacturing equipment. The fundamental objective o...
3 years ago
Manufacturing Execution System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Component (Software and Services), Deployment (Cloud and On-Premise), and Industry Type (Process Industry and Discrete Industry)
The global manufacturing execution system market was valued at US$ 11,880.90 million in 2021 and is projected to reach US$ 24,286.32 million by 2028; it is expected to grow at a CAGR of 10.8% from 2021 to 2028.
The manufacturing execution system (MES) plays an essential role in synchronizing manufacturing operations, logistics, equipment automation, and sales and planning. Th...
Manufacturing Execution System Market
The manufacturing execution system (MES) market is expected to witness excellent growth in the coming years. The main drivers of this growth are the low deployment cost of MES, rising global populations, demand for industrial automation, mass production, and connected supply chains, and the increasing IT convergence in various manufacturing industries.
Trends indicate that there are immense growth opportunities for the manufacturing execution system market in Asia-Pacific, owing to the rapid growth of infrastructure. Key players also have great opportunities for product launches and strategic acquisitions in the coming years.
The main restraints to the growth of this market are the complicated implementation of MES, the high cost of deployment and upgrading, and the lack of awareness among SMEs.
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