Manufacturing Execution System Market

Manufacturing execution system (MES) market was valued at USD 14.1 billion in 2023 and is forecast to touch USD 29.1 billion in 2031, and the market is expected to grow at a CAGR of 9.5% from 2024-2031.

Manufacturing Execution System Market Overview

Manufacturing execution systems (MES) are the automated systems used to manufacture, track, and document the transformation of raw materials, finished goods, and others. Manufacturing execution systems provide information related to plant floor condition and how it can be optimized to enhance output. MES works in real-time to allow the control of various components of the production process. MES includes integration of data from the planning system and information from plant floors to implement the production plan accordingly. The application of MES software offers numerous benefits such as helps in scheduling, tracking, planning, analyzing, and controlling the manufacturing operations.

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Major Manufacturing Execution System Market Drivers

The growing demand for mass production and connected supply chain to meet the ever-increasing population requirement is the major driver that is surging the demand for manufacturing execution system globally. Besides, lower deployment cost, rising use of industrial automation, especially in process and discrete industries, along with the growing importance of regulatory compliance, are further fuelling the growth of the market. The manufacturing sector is heavily investing in the automation of the plant floor to enhance productivity, which is also boosting the market growth.

Manufacturing sectors run on tight schedules with a high requirement to respond quickly and efficiently to the changing customer preferences. MES enables technicians, shop floor operators, and supervisors to track record and effectively observe shop floor activities. Besides, MES solutions increase the efficiency of production processes, reduces manufacturing costs, enhance quality, and decrease lead times. Moreover, the integration of advanced technology such as the Internet of Things (IoT) for smart manufacturing and field operations is boosting the market growth during the forecast period. Manufacturing companies are shifting towards the integration of IoT to improve the productivity and efficiency of the plant. The implementation of IoT into MES enables to provide real-time monitoring during the manufacturing process and facilitates the enterprises to implement integrated management and control. However, the high investment and running cost associated with the manufacturing execution system is restraining market growth.

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Based on the offering, the service segment is expected to grow at a faster CAGR during the forecast period owing to its improved efficiency, along with the ability to reduce wastage and time. The services include product evaluation, solution migration and enhancement, application configuration, analysis, customization, selection services, and multi-level support services.

Based on deployment, the on-premises segment is expected to dominate the market during the forecast period. On-premises MES solution is massively deployed in several sectors such as oil & gas, pharmaceuticals & life sciences, food & beverages, pulp & paper, energy & power, chemicals, and water & wastewater as MES help in managing systems within the premises, thereby reducing time and cost. On-premises deployment is also providing control over the data and enhances the level of security. All these factors are further driving the market growth.

Based on the process industry, the pharmaceutical & life sciences segment is expected to dominate the market over the forecast period owing to the high adoption of MES in this segment due to the growing cost pressure, regulatory, and safety guidelines, along with the increasing comprehensive range of product offering.

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Regional – Segment Analysis

Based on the region, Asia-pacific region is expected to grow at a faster CAGR during the forecast period owing to the increasing use of MES in process and discrete industries, coupled with the increasing digitalization, industrialization, and urbanization in this region. Moreover, the growing automation trends and rising manufacturing units and plants in various sectors such as automotive, food & beverages, power & energy, among others are further fuelling the market growth.

Top Market Players

Various notable players in the manufacturing execution system market include Honeywell International, Inc., Rockwell Automation, Inc., AVEVA plc, Siemens AG, Dassault Systèmes SE, ABB Ltd., SAP SE, Werum IT Solutions GmbH, Applied Materials, Inc., and Oracle Corporation, among others.

Key Developments:

• • In Oct 2019, Rockwell Automation acquired MESTECH Services, a Manufacturing Execution Systems, digital solutions consulting, and systems integration services provider company. This acquisition will expand Information Solutions and Connected Services business segment capability to grow and accelerate the ability to help the company’s customer execute digital transformation initiatives.
  • In Jan 2019, Dassault Systèmes announced the complete acquisition of IQMS, California-based ERP software company, for USD 425 million. With this acquisition, Dassault Systèmes would extend the 3DEXPERIENCE platform to small and midsized manufacturing companies pursuing to transform their business operations digitally.

Segments covered in the Report:

The Global Manufacturing Execution System market has been segmented based on the offering, deployment, industry, and region. Based on the offering market is categorized into Software and Services. The service segment is further segmented into Implementation, Software Upgrade, Training & Maintenance. Based on the deployment, the market is segmented into On-Premises, On-Demand, and Hybrid. Based on the industry, the market is segmented into Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceutical & Life Sciences¸ Energy& Power, Water & Wastewater Management, Automotive, Aerospace & Defense, Medical Devices, Consumer Packaged Goods, & Others. .

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Key questions answered in this research report:

• • At what pace is the global Manufacturing Execution System market growing? What will be a growing trend in the future?
  • What are the key drivers and restraints in the global Manufacturing Execution System market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Manufacturing Execution System market?
  • What are the various application areas of the global Manufacturing Execution System market, and how they are poised to grow?
  • Which Offering generated maximum revenues in 2019 and identify the most promising Offering during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Manufacturing Execution System Market by Offering

• • Software
  • Service
  • • • Implementation
      • Software Upgrade
      • Training
      • Maintenance

Global Manufacturing Execution System Market by Deployment

• • On-Premises
  • On-Demand
  • Hybrid

Global Manufacturing Execution System Market by Industry

• • Food & Beverages
  • Oil & Gas
  • Chemicals
  • Pulp & Paper
  • Pharmaceutical & Life Sciences
  • Energy& Power
  • Water & Wastewater Management
  • Automotive
  • Aerospace & Defense
  • Medical Devices
  • Consumer Packaged Goods
  • Others

Global Manufacturing Execution System Market by Region

• • North America Manufacturing Execution System Market (Option 1: As a part of the free 25% customization)

    • By Offering
    • By Deployment
    • By Industry
    • US Market All-Up
    • Canada Market All-Up

  • Europe Global Manufacturing Execution System Market (Option 2: As a part of the free 25% customization)

    • By Offering
    • By Deployment
    • By Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Global Manufacturing Execution System Market (Option 3: As a part of the free 25% customization)

    • By Offering
    • By Deployment
    • By Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Global Manufacturing Execution System Market (Option 4: As a part of the free 25% customization)

    • By Offering
    • By Deployment
    • By Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Manufacturing Execution System (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Honeywell International, Inc.
  • Rockwell Automation, Inc.
  • AVEVA plc
  • Siemens AG
  • Dassault Systèmes SE
  • ABB Ltd.
  • SAP SE
  • Werum IT Solutions GmbH
  • Applied Materials, Inc.
  • Oracle Corporation