Global manufacturing execution system market size worth $ 27.5 billion by 2027 | CAGR: 13.2%

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Manufacturing Execution System Market Growth & Trends

The Global manufacturing execution system market size is expected to reach $ 27.5 billion by 2027, growing at a CAGR of 13.2% between 2020 to 2027 as per the new research report published by UpGraph Research. Manufacturing execution system is used in the manufacturing facilities to track the complete manufacturing chain for the production of goods, in short, the goal of the manufacturing execution system is achieved by tracking and accumulating real-time data of the production lifecycle of the product.

The MES controls all the manufacturing processes including order management, supply chain management, production activities, machinery utilization, productivity improvement, cost reduction, etc. The MES system works, Just like a construction team works from planning till the execution. 

Manufacturing execution system shows a discrepancy from time to time, if we can talk about the year 1970 the manufacturing organizations used software applications to automate their accounts. Over time this application is used to provide the standard inventory management features. In the late 1970s/early 1980s came the MRP (Material Requirements Planning). In the late 1980s, the Manufacturing execution system has progressed from the simple data collection application into advanced software in today’s time. If organizations, use MES and ERP together they bring more well-rounded results into the business. However, both the software has different capacities but they can work together. MES acts as a connecting bridge between the ERP system and the process control system.

The overall growth of the manufacturing execution system market is expected to grow in the next few years due to the demand for industrial automation in various manufacturing industries. North America will be the dominant player in the forecast year in this market. However, the growth of manufacturing execution systems has a slowdown in North America still it will hold the largest share in the market by 2020.

Below are the core functions of the Manufacturing execution system:

  • Data collection and acquisition
  • Performance analysis
  • Document management
  • Scheduling
  • Staff and resource management
  • Process management

Advantages of a manufacturing execution system

  • It improves customer satisfaction
  • It helps companies to comply with the regulations
  • It helps in rapid production and reduces the time required by-product to reach the market
  • Better supply chain management
  • Reduction in manufacturing time
  • It eliminates manual processes such as paperwork and data-entry
  • Reduces labor cost
  • Helps manage inventory
  • Improved machine utilization

Market segmentation

 Global manufacturing execution system market, by offering type, 2017 – 2030

  •  Software
  •  Services

Global manufacturing execution system market, by deployment type, 2017 – 2030

  • On-premise
  • On-demand
  •  Hybrid

Global manufacturing execution system market, By application type, 2017 – 2030

  • Food and beverages
  • KEM
  • Pharmaceutical and life science
  • Energy and power
  • Pulp and Paper
  • Other

Global manufacturing execution system market, by industry type, 2017 – 2030

  • Automotive and transportation
  • Medical devices
  • Aerospace and defense
  • Others

Global manufacturing execution system market, by region, 2017 – 2030

  •  North America
    •  United States
    •  Canada
  •  Europe
    •  United Kingdom
    •  Germany
    •  France
    •  Italy
    •  Rest of Europe
  •  Asia Pacific
    •  China
    •  India
    •  Japan
    •  South Korea
    •  Taiwan
    • Rest of Asia Pacific
  •  Latin America
    • Brazil
    • Mexico
  •  Rest of the world

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