Manufacturing Execution System (MES) Market Share And Forecasts 2018 - 2025
Posted by Trends Market Research on February 26th, 2020
Manufacturing Execution System (MES) Market Overview:
Manufacturing execution system is used in computerizedmanufacturing industries for tracking and certificate the transsformation of raw materials to finished goods materials. Furthermore, a manufacturing execution system (MES) is an information system that connects the control complex manufacturing system with data flow and monitor on the factory floor.
This system is anticipated to play crucial role in across multiple function areas such as management of product definition across the product life cycle, order execution and dispatch, Product Quality, resource scheduling, production analysis and downtime management for overall equipment effectiveness (OEE) and material track and trace.
Manufacturing Execution System (MES) Market: Key Players
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The key player for the global Manufacturing Execution System (MES) market is following:
Schneider Electric S.E.
Emersion Electric Co.
Rockwell Automation, Inc.
Dassault Systemes SA
General Electric Company
Rockwell Automation, Inc.
Honeywell International Inc.
Manufacturing Execution System (MES)Market Segmentation:
Global Manufacturing Execution System (MES) Market can be segmented on the basis of Process Industry:
Oil and Gas
Food and Beverages
Water and Wastewater Treatment
Pulp and Paper
Energy and Power
Global Manufacturing Execution System (MES) Market can be segmented on the basis of Discrete Industry:
Aerospace & Defense
Electronics and Electrical
Manufacturing Execution System (MES) Market: Dynamics
Manufacturing execution system will reduce the paperwork and create flawless manufacturing process and also provides real time feedback of desire changes in manufacturing changes. Moreover, in automotive industries time versus production is the key factor. Therefore, the installation of manufacturing execution system is projected to create lucrative opportunity for the automotive industry during the forecast period. A noticeable trend in the global market is the long term contract between MES manufacturer & providers. This is anticipated to be as high switching cost for customer and also may be strong bargaining power of supplier. Additionally, growing economy of developing countries is anticipated to pave a way for the global manufacturing execution system (MES) during the forecast period.
Manufacturing Execution System (MES) Market: Regional Outlook
North America is anticipated to dominate in the global manufacturing execution system market during the forecast period owing to increasing demand of cutting edge manufacturing execution technology by the end of 2026. Asia Pacific projected to grow with remarkable growth rate in coming year owing to increasing demand from oil and gas industries, automotive industry and others. Europe is projected to create lucrative opportunity for the global market due to middle class population is likely shifted towards two wheeler owing to high fare of travelling by bus, train and others. Middle East & Africa has limited manufacturing facility of mobility manufacturing but has significant opportunity from the oil and gas sector for the manufacturing execution system throughout the forecast period.
Trends Market Research surveys a number of companies in order to estimate the data covered in the report through triangulation methodology. A detailed market understanding and assessment of the drive and application segments covered in the study. The research methodology also includes interviews conducted for various industry leaders by the research experts. This helps the researchers to match their previous findings with the ones confirmed from various resource persons. The report focuses on analyzing the supply-side approaches and keeps a track of that of the demand-side so as to make sure the findings are true. The global market scenario has been derived by consolidation of regional market overviews.