Manufacturing Execution System Market Grow at a 10.8% CAGR to Reach US$ 24,286.32 Million by 2028

According to our latest market study on "Manufacturing Execution System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Component, Deployment, and Industry Type," the market is projected to reach US$ 24,286.32 million by 2028 from US$ 11,880.90 million in 2021; it is expected to grow at a CAGR of 10.8% from 2021 to 2028.

The manufacturing execution system (MES) is often integrated with other solutions, such as supply chain management solutions, enterprise resource planning (ERP) solutions, product lifecycle management solutions, and other information technology systems. This ease of integration of the MES solution allows end users to improve supply chain visibility, regulatory compliance, customer satisfaction, agility and time-to-market (TTM), machine utilization and energy efficiency, and sustainable production. The MES directly pulls data from equipment aligned with production and instantly shares it with ERP systems, with minimum human intervention. The data is analyzed to examine the quantities and qualities of materials consumed in the production process and its items. It also helps plant operators interact bidirectionally with production equipment and other systems, thereby decreasing downtime and optimized costs and inventory.

Download Sample PDF Brochure of Manufacturing Execution System Market Growth Research Report https://www.theinsightpartners.com/sample/TIPRE00006449/?utm_source=openpr&utm_medium=10119

Manufacturing Execution System Market - Company Profiles

42Q
AVEVA Group plc
Dassault Systemes SE
EAZYWORKS INC.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Oracle Corporation
SAP SE
Rockwell Automation, Inc.

Several ERP providers are focused on the Internet of Things (IoT) and the ability to form communication connections between various systems and devices. The MES help improve communications between decision-makers and machines or equipment, as they can directly extract precise data from manufacturing equipment and share them with the ERP systems without human intervention. These data may include quantities of items manufactured and materials consumed and qualitative data related to items produced, yield losses, and quantities approved/non-approved after quality tests. Thus, the integration of MES with other systems installed in manufacturing plants helps reduce time spent on the manual sharing production data to the ERP systems, alongside ensuring the accuracy of data recorded. Therefore, the high degree of integration with other solutions offers opportunities for manufacturing execution system market.

The latest research report on the "Manufacturing Execution System Market - Industry Analysis, Market Size, Opportunities and Forecast, 2021 - 2028" provides a comprehensive assessment of the Manufacturing Execution System market for the forecast period from 2021 to 2028. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Manufacturing Execution System market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Manufacturing Execution System Market in order to help decision makers with various strategic insights and future outlook. The Manufacturing Execution System market is expected to witness continued growth during the forecast period from 2021 to 2028.

This is a professional and in-depth study on the current state of the Manufacturing Execution System Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Manufacturing Execution System Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

Speak To Analyst: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00006449?utm_source=openpr&utm_medium=10119

Note - The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on 'Manufacturing Execution System Market' provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of Covid -19 Situation.

The report segments the global Manufacturing Execution System Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Manufacturing Execution System Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.

The report focuses on global major leading Manufacturing Execution System Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

Based on component, the manufacturing execution system market is segmented into software and services. In 2021, the software segment led the manufacturing execution system market and accounted for a larger market share. Based on deployment, the manufacturing execution system market is segmented into cloud and on-premise. In 2021, the on-premise segment accounted for a larger market share. Based on industry type, the manufacturing execution system market is segmented into process industry and discrete industry. In 2021, the discrete industry segment led the market and accounted for a larger market share. Geographically, the manufacturing execution system market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for a significant share in the global manufacturing execution system market.

Direct Purchase Copy of Manufacturing Execution System Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00006449/?utm_source=openpr&utm_medium=10119

Reasons to Buy
• Highlights key business priorities to assist companies realign their business strategies.
• Features key findings and crucial progressive industry trends in the global Manufacturing Execution System market, thereby allowing players to develop effective long-term strategies.
• Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
• Scrutinizes in-depth market trends as well as key market drivers and restraints.
• Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

Contact Us:
If you have any queries about this report or if you would like further information, please

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.