Global Manufacturing Execution Systems (MES) Market 2023-2027
Technavio has been monitoring the manufacturing execution systems (MES) market and is forecast to grow by USD 9651.66 mn during 2022-2027, accelerating at a CAGR of 11.07% during the forecast period. Our report on the manufacturing execution systems (MES) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by continued demand for automation in industrial sectors, shift toward paperless manufacturing automation, and compliance with stringent government regulations.
Technavio's manufacturing execution systems (MES) market is segmented as below:
By End-user
- Discrete industries
- Process industries
By Deployment
- Hybrid
- On-premise
- Cloud-based
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing inclination toward mes with IoT functionality as one of the prime reasons driving the manufacturing execution systems (MES) market growth during the next few years. Also, emerging MES 4.0 and integration of ERP and product lifecycle management (PLM) will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the manufacturing execution systems (MES) market covers the following areas:
- Manufacturing execution systems (MES) market sizing
- Manufacturing execution systems (MES) market forecast
- Manufacturing execution systems (MES) market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading manufacturing execution systems (MES) market vendors that include ABB Ltd., Applied Materials Inc., Aspen Technology Inc., Critical Software, Dassault Systemes SE, Durr AG, Emerson Electric Co., Fujitsu Ltd., General Electric Co., Honeywell International Inc., Koerber AG, MPDV Mikrolab GmbH, Oracle Corp., PSI Software AG, Rockwell Automation Inc., Sanmina Corp., SAP SE, Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. Also, the manufacturing execution systems (MES) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.