Manufacturing industries
implement various planning systems such as ERP or equivalent to decide what
products to be manufactured. After completion of the planning stage, the
manufacturers determine resources that are currently available in stock for
execution of the manufacturing plan. The primary function of MES is to
facilitate communication between different divisions in industries and
providing enterprise-wide records for improving operational performance. In
addition, MES software application provides industries or manufacturing plants
with scheduling and planning, tracking and analyzing, and control of
manufacturing operations.
The major factor driving the growth of the market is attributed
to the rising demand for industrial automation; primarily in growing economies
such as China, India and Brazil. MES provides real-time information of the shop
floor providing transparency and better visibility of manufacturing operations.
Moreover, MES integrates information or data from the shop floor with business
systems, enabling manufacturers with more competitive decision making. In
addition, highly regulated industries such as medical device and equipment
manufacturers, chemical, and food and beverages among others require intensive
internal and external reporting to comply with the strict government
regulations. Quality and uniformity is given the maximum importance in such
highly regulated industries. MES have the ability to automate essential
regulatory processes to ensure government regulations and meet the requirements
of reporting in such industries. Increasing adoption of MES is driven by
ability of MES for integrating quality management from the shop floor to the
top floor offering accurate and flexible work instructions to highly regulated
industries. These factors are expected to positively affect the growth of the
global MES market during the forecast period.
Based on process industry, the global
MES market is segmented into: oil and gas, chemical, food and beverages,
pulp and paper, pharmaceutical, energy and power, water and wastewater
treatment, and others. Others process industry segment includes textiles, and
steel and aluminum. Continuous operation environment in process industries is
of critical importance in process industries. MES facilitates process
industries with automation, execution and management of manufacturing
operations with advanced features such as tracking, scheduling, resource
allocation and control, quality assurance, and plant maintenance among
others.
The global manufacturing execution system (MES) market is
categorized based on discrete industry into: automotive, aerospace and defense,
electronics and electrical, medical devices, FMCG and others. Semiconductors,
furniture and wood products, and printing and publishing are included in the
others discrete industry segment. Demand for paperless operation, to assist
efficient performance and flexibility in operations is contributing to the
market growth during the forecast period.
This market research study analyzes the global manufacturing
execution system (MES) market and provides estimates in terms of revenue (USD
Million) from 2015 to 2023. It recognizes the drivers, restraints and
opportunities affecting the industry and analyzes their impact over the
forecast period.
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By geography, market is
segmented into North America, Europe, Asia Pacific and Rest of the World (RoW).
In addition, the report segments the market based on process industry, which
include oil and gas, chemical, food and beverages, pulp and paper,
pharmaceutical, energy and power, water and wastewater treatment, and others.
It also segments the market on the basis of discrete industry into automotive,
aerospace and defense, electronics and electrical, medical devices, FMCG and
others. All these segments have also been estimated on the basis of
geography.
For better understanding of the global manufacturing execution
system (MES) market, key trend analysis and porter’s five force analysis are
also provided. Furthermore, the study comprises a market attractiveness
analysis, where the manufacturing execution system (MES) by process industry
and discrete industry are benchmarked based on their market scope, growth rate
and general attractiveness.
The report provides company market share analysis of various
industry participants. The key players have also been profiled on the basis of
company overview, financial overview, business strategies, and the recent
developments in the field of manufacturing execution system (MES). Major market
participants profiled in this report include ABB Ltd. (Switzerland), Schneider
Electric S.E. (France), Rockwell Automation, Inc. (U.S.), Emersion Electric Co.
(U.S.), General Electric Co. (U.S.), and SAP SE (Germany) among others.
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