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Manufacturing Execution System Market Expecting Huge Growth Opportunity US$ 31.17 Bn By 2031 | TMR
The global manufacturing execution system (MES) market was valued at US$ 11.78 Bn in 2020It is estimated to expand at a CAGR of 9.4% from 2021 to 2031
The global manufacturing execution system (MES) market is expected to reach the value of US$ 31.17 Bn by the end of 2031
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Asia Pacific and North America hold lucrative growth opportunities for stakeholders in the manufacturing execution system (MES) market. The proliferation of IIoT (Industrial Internet of Things) and Big Data in industries such as healthcare, automotive, and pulp & paper is contributing to the market growth. An increasing number of manufacturing firms in India and China are seeking enhanced support solutions to deliver better customer experiences. Such trends are translating into revenue opportunities for stakeholders in the manufacturing execution system (MES) market.
Even though North America holds promising potentials in terms of market growth, the adoption of such systems is anticipated to be relatively slow due to an already established infrastructure. Hence, system providers must identify industries where adoption of manufacturing execution systems could be relatively easier and faster.
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Companies in the manufacturing execution system (MES) market have been focusing on mission-critical projects in food & beverages (F&B), healthcare, and electronics industries amid the ongoing COVID-19 outbreak. Increased awareness about food security is compelling stakeholders to adopt good manufacturing practices (GMP). Manufacturers have been working at break-neck speeds, since healthcare systems are maintaining optimum levels of medical and pharmaceutical inventory to avoid future pandemic-like situation.
Stakeholders are drawing an analysis to understand their high risk clients and customers where recovery of debt may be an issue. They are ensuring the availability of alternative suppliers to ensure business continuity.
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Manufacturing Execution System (MES) Market: Competition Landscape
Detailed profiles of providers of manufacturing execution system have been provided in the market report to evaluate their financials, key product offerings, recent developments, and strategies
Key players operating in the global manufacturing execution system (MES) market are
ABB Ltd.
AVEVA Group plc
Dassault Systèmes
Design Systems, Inc.
Emerson Electric Co
GE DIGITAL
Honeywell International Inc.
iBASEt
iTAC Software AG
Körber AG.
Oracle Corporation
Parsec Automation Corp
Rockwell Automation, Inc.
SAP SE
Siemens AG
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Transparency Market Research is a Global Market Research Report company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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http://pharma-mes2013.we-conect.com/
"Very good and informative conference to share knowledge and to benchmark your company in your industry sector."
Kathrin Wilhelm, Fresenius Kabi D-GmbH
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