Dublin, Feb. 27, 2023 (GLOBE NEWSWIRE) -- The "Manufacturing Execution Systems (MES): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Manufacturing Execution Systems (MES) estimated at US$15.7 Billion in the year 2022, is projected to reach a revised size of US$42.2 Billion by 2030, growing at a CAGR of 13.1% over the analysis period 2022-2030.
Software, one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$25.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 14.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.3 Billion, While China is Forecast to Grow at 16.6% CAGR
The Manufacturing Execution Systems (MES) market in the U.S. is estimated at US$5.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2030 trailing a CAGR of 16.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 11% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10.3% CAGR.
Select Competitors (Total 88 Featured) -
- ABB
- Accenture Plc
- Andea Solutions Sp. z o.o.
- Dassault Systemes SE
- Emerson Electric Co.
- GE Digital
- Honeywell Process Solutions
- Rockwell Automation, Inc.
- SAP AG
- Schneider Electric SE
- Siemens PLM Software, Inc.
- Werum IT Solutions GmbH
- Yokogawa Electric Corporation.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Report Metrics:
| Report Attribute | Details |
| No. of Pages | 810 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $15.7 Billion |
| Forecasted Market Value (USD) by 2030 | $42.2 Billion |
| Compound Annual Growth Rate | 13.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- An Introduction to Manufacturing Execution System (MES)
- A Note on System Architecture
- MES Deployment Types
- Core Functionalities of MES
- Benefits of MES Implementation from Manufacturer's Perspective
- Key Challenges Addressed by MES
- MES: Current Market Scenario and Outlook
- Trends Shaping the MES Market: At a Glance
- Recent Market Activity
- MES Software: Major Segment
- Cloud-based Solutions Widen the Addressable Market for MES Software
- Rising Demand for MES Services
- While Developed Regions Lead the MES Adoption, Developing Regions Emerge as Hot Spots for Future Growth
- World MES Market by Region (2019 & 2025): Percentage Breakdown of Revenues for Developed and Developing Regions
- World MES Market - Geographic Regions Ranked by % CAGR (Revenues) for 2018-2025: China, Asia-Pacific, Latin America, USA, Middle East, Africa, Canada, Europe, and Japan
- Economic Scenario and Its Impact on MES Market
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2018 through 2021
- Competitive Scenario
- Leading Players in the MES Market
- MES Market in Consolidation Mode
- Manufacturing Execution Systems (MES) - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rapidly Changing Dynamics in the Process & Discrete Manufacturing Environments Necessitate MES Deployments
- A Glance at New Requirements Specific to MES by Select End-Use Industry
- Top 10 Countries in Terms of Manufacturing Output: 2018
- Growing Emphasis on Digital Transformation Accelerates MES Uptake
- MES with Big Data, IoT and Other Advanced Capabilities Make a Cut in Digital Transformation Strategies
- MES Emerges as a Viable Technology Platform to Streamline Modern Process & Discrete Manufacturing Processes
- Process Vs. Discrete Manufacturing: Noteworthy Differences
- Widespread Adoption of Industrial Automation Creates Fertile Environment for MES
- Industry 4.0 to Steer Next Wave of Growth in MES Market
- Global Spending on Industry 4.0 Technologies (in US$ Billion) for the Years 2019, 2021, and 2023
- MES 4.0 Emerges to Suffice Industry 4.0 Requirements
- Preference for Paperless Operations Spells Opportunities for MES Systems
- Installation Time and Cost Associated with Paperless Manufacturing and Traditional MES: A Comparison
- Comparison of Technical Aspects of Paperless Manufacturing and Traditional MES
- Process Support: Paperless Manufacturing Vs. Traditional MES
- Myriad Benefits of MES Systems Encourage Wider Adoption
- MES Enables Real-time Production Monitoring
- Faster ROI Factor Lends Traction to MES Deployments
- MES Benefits Realization within 12 Months of Implementation
- Integration of MES with ERP and Other Business IT Systems: Order of the Day
- MES Steps In to Enhance to Batch & Hybrid Manufacturing Domains
- Manufacturing Operations Management (MOM): MES with Expanded Scope
- Growing Use Case Across Diverse End-Use Sectors Bodes Well
- Opportunities Rife in Healthcare Industry
- Medical Devices
- Pharmaceuticals
- MES Functions in Pharmaceutical End-Use Industry (Production of APIs)
- Life Sciences
- World Healthcare Expenditure (In US$ Trillion) for the Years 2017, 2019, 2021 & 2023
- Per Capita Healthcare Expenditure (in $) by Select Countries for 2018
- Strong Gains Identified in Chemicals Sector
- MES Enables Improved Production Scheduling, Preparation, Execution and Evaluation in Chemical Plants
- MES Functions in Chemicals and Specialty Chemicals End-Use Industry
- Automotive Manufacturers Rely on MES to Improve Production & Assembly Lines
- OEMs Emphasize MES
- MES Remains Equally Important for Parts & Components Suppliers
- MES Functions in Automotive End-Use Industry
- Global Passenger Car Production & Sales (In Million Units) for the Years 2010, 2016, 2020, and 2024
- High Growth Opportunities in Aerospace & Defense Sector
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2018 and 2038
- A Note on Prominent Aerospace MES Software Tools
- Rising Demand for MES in Oil & Gas, Refinery, and Petrochemicals Verticals
- Refinery and Petrochemical Operations
- MES Functions in Refineries and Petrochemicals End-Use Industry
- Worldwide E&P Capital Spending in $ Billion by Region and Type of Company for the Period 2017-2019
- Growing Demand from Food & Beverage Processing Units
- Breweries
- MES Functions in Food & Beverage End-Use Industry
- Uptrend in Consumer Packaged Goods Sector Augurs Well
- Metal Manufacturers and Paper Making Firms Rely on MES
- MES Functions in Paper and Metal End-Use Industry
- Novel Demand in Machine and Plant Construction Verticals
- MES Functions in Machine and Plant Construction End-Use Industry
- RFID-Enabled Real-Time MES Gains Traction among Mass-Customization Production Companies
- Sustained Demand for Out-of-Box MES
- Growing Importance of Regulatory Compliance
- The Public Health Security and Bioterrorism Preparedness and Response Act (PHSBPRA)
- The Transportation Recall Enhancement, Accountability and Documentation (TREAD) Act
- The Rule 21 CFR Part 11
- Sarbanes-Oxley Act
- Resolving Issues & Challenges: Critical for Future Success of the Market
- Complexity in Implementation & Rollout: Major Challenge
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/fc2gta
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