Manufacturing Execution System Market by Offerings (Services, Software), Function (Data Collection & Acquisition, Dispatching Production, Inventory & Labor Management), Industry, Deployment - Global Forecast 2024-2030

Manufacturing Execution System Market by Offerings (Services, Software), Function (Data Collection & Acquisition, Dispatching Production, Inventory & Labor Management), Industry, Deployment - Global Forecast 2024-2030

The Manufacturing Execution System Market size was estimated at USD 14.40 billion in 2023 and expected to reach USD 15.77 billion in 2024, at a CAGR 9.74% to reach USD 27.61 billion by 2030.

A manufacturing execution system (MES) refers to an advanced, computerized information system that integrates, monitors, and manages multiple manufacturing systems and data flows on the factory floor. The primary aim of an MES architecture is to ensure the effective execution of manufacturing procedures and improve industrial production output. It achieves this by managing and monitoring work in progress (WIP) on a factory floor, integrating real-time production data, tracking all manufacturing information in real-time, and providing insight and control over the entire manufacturing process. The increase in demand for real-time data analysis and production control practices has cemented the need for MES. Additionally, stricter regulatory compliance regarding quality and reporting in sectors such as pharmaceutical, chemical, and food and beverage and government initiatives to promote digitalization in the manufacturing sector are rapidly becoming crucial. However, difficulties associated with the integration of MES in legacy systems can hamper the adoption of the technology. Additionally, several concerns related to data privacy and the possibility of privacy breaches raise concerns about the reliability, credibility, and safety of MES. However, key players are exploring novel cybersecurity measures to protect sensitive manufacturing data, especially in cloud deployments. The development of user-friendly interfaces and integration of advanced technologies such as AL/ML and blockchain-based platforms can create new avenues of growth for the industry.

Regional Insights

The Americas region, particularly the US and Canada, boasts of a robust technological infrastructure, which has driven several advancements and product launches in the realm of manufacturing execution systems (MES). Additionally, regulatory standards for tracking pharmaceutical and food and beverage products and consumer demand for transparency in supply chains have stimulated the adoption of MES. The European Union's rigorous manufacturing standards and focus on sustainability make MES indispensable, while the Middle East sees a growing trend of diversifying economies with investments in manufacturing infrastructure. Europe also shows an inclination toward smart and sustainable manufacturing practices. Data integrity and data privacy protocols and regulations are responsible for shaping the adoption and consumer dynamics of MES in the EU. APAC's rapidly advancing industrialization, urbanization, and digitalization landscape and its position as a manufacturing hub drive the market for MES. Additionally, Industry 4.0 initiatives and government support for propelling tracking of goods that pass through the manufacturing cycle have seen considerable success in recent years.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Manufacturing Execution System Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Expansion of manufacturing facilities and production operations across the world
Government initiatives to promote digitalization of the manufacturing sector and improve supply chain transparency
Need to achieve advanced tracking capabilities in food and beverage and pharmaceutical industries

Market Restraints

Difficulties associated with the integration of manufacturing execution systems (MES) and issues related to accuracy

Market Opportunities

Advancements to improve the accuracy, performance, and efficiency of MES
Adoption of MES to improve sustainability and energy efficiency of manufacturing operations

Market Challenges

Privacy issues and concerns associated with data breaches

Market Segmentation Analysis

Offerings: Advancements to improve the performance of MES software
Function: Efforts to ensure compliance, legal data collection and acquisition
Industry: Growing need to achieve regulatory compliance in the food and beverage industry
Deployment: Adoption of on-cloud deployment solutions to achieve scalability

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Manufacturing Execution System Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Manufacturing Execution System Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Aegis Software’s Latest Updates to the FactoryLogix MES Platform Enable Unmatched IIoT from Both Humans and Machines

Aegis Software has enhanced its FactoryLogix platform with the introduction of versions 2023.1 and 2023.2, signifying new advancements in the realm of manufacturing execution systems (MES). These updates are in line with Aegis' commitment to streamlining the implementation of the Industrial Internet of Things (IIoT) across manufacturing operations. FactoryLogix offers improved operator interfaces that can be customized by users, thereby providing a tailor-made and efficient MES experience on the shop floor.

Körber and TetraScience partner to increase data integrity in manufacturing

TetraScience, a pioneer in Scientific Data Cloud services, has partnered with Körber, a player in the realm of manufacturing execution systems (MES) to propel data integrity and operational advancements in biopharmaceutical production. Körber's offering, the PAS-X MES suite, can be provided for firms engaged in pharmaceuticals, biopharmaceuticals, and cell and gene therapies. The new partnership aims to provide a consistent, reliable supply of critical therapies to patients.

AVEVA Launches New Manufacturing Execution System Software

AVEVA unveiled its new AVEVA Manufacturing Execution System 2023, which is an advanced solution tailored to minimize the economic and procedural burdens associated with multi-site MES deployments. This innovative iteration fosters the rapid adoption of standardized best practices on a grand scale, thereby enhancing operational efficiency and championing sustainability. Additionally, the advanced software delivers comprehensive visibility, streamlined reporting processes, and consistent key performance indicators (KPIs) across multiple manufacturing locations.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Manufacturing Execution System Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Manufacturing Execution System Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Advantive, Aegis Industrial Software Corporation, Applied Materials, Inc., Dassault Systèmes SE, Emerson Electric Co., Epicor Software Corporation, FORCAM GmbH, General Electric Company, HCL Technologies Limited, Honeywell International Inc., Infor, Inc, Körber AG, Mpdv Mikrolab GmbH, Oracle Corporation, Panasonic Holdings Corporation, Parsec Automation Corporation, Rockwell Automation, Inc., SAP SE, Schnieder Electric SE, Siemens AG, and Throughput Consulting, Inc..

Market Segmentation & Coverage

This research report categorizes the Manufacturing Execution System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Offerings
Services
Implementation & Maintenance
Software Upgradation
Training & Support
Software
Function
Data Collection & Acquisition
Dispatching Production
Inventory & Labor Management
Operations scheduling & Management
Performance Analysis
Process Management
Production Tracking
Quality Analysis
Resource Allocation
Industry
Aerospace & Defense
Automotive
Chemical
Consumer Packaged Goods
Electronics & Semiconductors
Energy & Power
Food & Beverages
Metal & Mining
Oil & Gas
Pharmaceutical & Life Sciences
Pulp & Paper
Water & Wastewater Management
Deployment
On-Cloud
On-Premises
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year