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

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

The global manufacturing execution systems market size is expected to reach USD 26.50 billion by 2030, according to a new study by Polaris Market Research. 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.

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.

For instance, in September 2021, Honeywell International Inc., a United States based leading provider for life sciences operation efficiency, digital transformation, and compliance, announced its new acquisition of Performix Inc, at an undisclosed amount. With the help of this acquisition, the company’s aim to be world’s top integrated platform for consumers in the industry of life sciences, with enhanced dependability and increased production while maintaining the best levels of quality.

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.

Manufacturing Execution Systems Market Report Highlights

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.

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.

Pharmaceuticals segment held the significant revenue share, in 2021, because of the rising focus of several pharmaceuticals manufactures on assurance with various universal laws.

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.

The global market is moderately competitive owing to the existence of several key companies including Honeywell International Inc., Applied Materials, Rockwell Automation, Epicore Software Corporation, and General Electric Company.

Polaris Market Research has segmented the manufacturing execution systems market report based on deployment, offering, end-use, and region:

Manufacturing Execution Systems, Deployment Outlook (Revenue – USD Billion, 2018 – 2030)

On-premises

On-demand

Hybrid

Manufacturing Execution Systems, Offering Outlook (Revenue – USD Billion, 2018 – 2030)

Software

Services

Manufacturing Execution Systems, End-Use Outlook (Revenue – USD Billion, 2018 – 2030)

Food & Beverages

Automotive

Aerospace & Defense

Pharmaceutical

Consumer Packaged Goods

Others

Manufacturing Execution Systems, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

North America

U.S

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa