MANUFACTURING EXECUTION SYSTEMS AND SOFTWARE (MES) MARKET ANALYSIS

Manufacturing Execution Systems and Software (MES) Market, by Deployment Type (On-premises and SaaS), by Component (Software and Service), by Enterprise Size (Large Enterprise and SME’s), by Application (Labour Management, Quality Process Management, Inventory Management, Process and Production Intelligence, Execution System, and Others), by Process Industry (Oil and Gas, Chemicals, Food and Beverages, Pulp and Paper, Pharmaceuticals, Energy and Power, Water and Wastewater Treatment), by Discrete Industry (Automotive, Electronics and Electrical, Aerospace and Defence, Metal and Mining, and FMCG), and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Nov 2024
Code : CMI3103
Formats :
Excel and PDF
Industry : Information and Communication Technology

Manufacturing Execution Systems and Software (MES) MarketSize and Trends

Factors Driving Growth of the Global Manufacturing Execution Systems and Software (MES) Market

The increasing global competition and changing business scenarios are continually driving manufacturers to focus on production cost optimization and improve production efficiency. Owing to this, manufacturers are adopting advanced technology such as manufacturing execution systems (MES) to streamline their manufacturing process and enhance productivity. The MES automatically collects the data from production equipment and helps in scheduling, tracking, and modifying the production activities and monitors and controls the performance of equipment depending on the delivery requirement. Moreover, recent trends such as rise of the fourth industrial revolution (Industry 4.0) and convergence of the information technology (IT), and operations technology (OT) are expected to drive demand for MES system over the forecast period.