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With 9.23% CAGR, Manufacturing Execution Systems Market Size Value To Reach USD 26.50 Billion By 2030

06-19-2024 06:30 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Manufacturing Execution Systems Market

Manufacturing Execution Systems Market

The report "Manufacturing Execution Systems Market Share, Size, Trends, Industry Analysis Report, By Deployment (On-premises, On-demand, and Hybrid); By Offering; By End-Use; By Region; Segment Forecast, 2022 - 2030" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Manufacturing Execution Systems (MES) are integrated software applications that manage and monitor production operations on the factory floor. MES solutions provide real-time data and control over production processes, helping manufacturers enhance efficiency, improve quality, and ensure compliance with regulatory requirements.

According to the research report, the global manufacturing execution systems market was valued at USD 12.06 billion in 2021 and is expected to reach USD 26.50 billion by 2030, to grow at a CAGR of 9.23% during the forecast period.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/manufacturing-execution-systems-market/request-for-sample

An extensive rise in the research & development activities and growing introduction to new and innovative analytical tools for enabling systematic and standard processing on all plants, service enhancement, and reducing production and operational costs are key factors anticipated to fuel the growth of the global market during the forecast period.
Furthermore, continuously growing demand from various end-use industries like food & beverages, pharmaceutical, automotive, and others to enhance and improve their product capacity and production quality are propelling the global market growth over the coming years.

The growing adoption of the Industry 4.0 has also fueled the need for advanced manufacturing execution systems. Industry 4.0 creates an interoperability platform in operations and information technology, ability to enable various equipment, and materials for communicating through embedded electronics. Therefore, the high usage of advanced technology and automation in the global manufacturing industry and worldwide adoption of Industry 4.0 are likely to propel the global market at a significant pace over the forecast period.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
โ€ข Siemens AG
โ€ข Rockwell Automation
โ€ข SAP SE
โ€ข ABB Ltd.
โ€ข Honeywell International Inc.
โ€ข Applied Materials
โ€ข Werum System
โ€ข General Electric Company
โ€ข Emerson Electric
โ€ข Epicore Software Corporation
โ€ข Oracle Group
โ€ข Dassault Systems
โ€ข Schneider Electric SE
โ€ข PSI Metals GmbH
โ€ข Andea Solutions
โ€ข Samsung Group of Companies

๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐“๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ: https://www.polarismarketresearch.com/buy/1717/2

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

Digital Transformation: The ongoing digital transformation across industries compels manufacturers to adopt MES for enhanced data analytics, process optimization, and real-time decision-making.
Regulatory Compliance: Stringent regulations in industries such as pharmaceuticals, aerospace, and food & beverages require robust traceability and compliance capabilities, which MES provides.
Demand for Efficiency and Productivity: Manufacturers seek to improve operational efficiency and reduce downtime, leading to increased adoption of MES for better production scheduling, inventory management, and process control.

๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Hybrid segment is anticipated to grow at a rapid pace over the study period, owing to the increasing deployment of MES in oil & gas sector.
โ€ข Services segment held the largest market share, in 2021, due to the growing importance of post-implementation process coupled with the increased efficiency and lowering waste and output time.
โ€ข Pharmaceuticals segment held the significant revenue share, in 2021, because of the rising focus of several pharmaceuticals manufactures on assurance with various universal laws.
โ€ข North America is expected to grow at a high CAGR over the projected period on account of the high availability of advanced technology and large presence of international market players in the region.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/manufacturing-execution-systems-market

๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ž๐ ๐ญ๐ก๐ž ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐ž๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐จ๐ง ๐ฌ๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐š๐ฌ๐ž๐ ๐จ๐ง ๐๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ, ๐จ๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ , ๐š๐ง๐ ๐ž๐ง๐-๐ฎ๐ฌ๐ž:

๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ, ๐ƒ๐ž๐ฉ๐ฅ๐จ๐ฒ๐ฆ๐ž๐ง๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– - ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ)
โ€ข On-premises
โ€ข On-demand
โ€ข Hybrid

๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ, ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐  ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– - ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ)
โ€ข Software
โ€ข Services

๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ข๐ง๐  ๐„๐ฑ๐ž๐œ๐ฎ๐ญ๐ข๐จ๐ง ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ, ๐„๐ง๐-๐”๐ฌ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ– - ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ)
โ€ข Food & Beverages
โ€ข Automotive
โ€ข Aerospace & Defense
โ€ข Pharmaceutical
โ€ข Consumer Packaged Goods
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Podcast Advertising Market: https://www.polarismarketresearch.com/industry-analysis/podcast-advertising-market
Digital Artwork Market: https://www.polarismarketresearch.com/industry-analysis/digital-artwork-market
Smart City Platforms Market: https://www.polarismarketresearch.com/industry-analysis/smart-city-platforms-market
Cloud Native Application Market: https://www.polarismarketresearch.com/industry-analysis/cloud-native-application-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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