Global Modern Manufacturing Execution System Market Is Expected To Reach USD 46,376 Million By 2027
A new research report titled "Global modern manufacturing execution market" successfully exhibits the complete scenario of the global and an individual analysis of the various regional segments.
“Global modern manufacturing execution market” provides, wherever applicable and relevant, technical data of products, and sheds useful light on expected commercial production dates and current R&D status. This report will help the viewer in Better Decision Making.
This report provides an analysis of the latest trends in the industries in each sub-segment between 2019 and 2027 and forecasts revenue growth around the globe, the regional and the country levels. The research covers drivers and restraints of the worldwide modern manufacturing execution market. The effect of these drivers and limitations on modern manufacturing execution demand during the forecast period is also discussed. The study also shows worldwide and regional possibilities in the modern manufacturing execution market. For this research, we have segmented the modern manufacturing execution market report into a type, application/end-user and regional segment.
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This study offers a thorough assessment of price trends, government regulatory scenarios, value chain analysis, and major market players that offers an overview of the modern manufacturing execution industry worldwide. In order to help comprehend a competitive landscape on the market, Porter’s 5 Forces model for modern manufacturing execution is also included. The research includes market attraction assessment, in which different segments are evaluated in accordance with their market size, growth rate and overall appeal.
The market is studied for regions such as North America (U.S. and Canada), Europe (U.K., Germany, France, Spain, Italy and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and Rest of Asia Pacific), Latin America (Mexico, Brazil, ,and Rest of Latin America) and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa).
A modern manufacturing execution system (MES) comprises hardware and software components that help in managing and optimizing production activities, from the launch of orders to finished goods. It acts as a control system which helps to monitor and control the work in progress on the factory floor. These systems help in keeping track of all manufacturing information in real time and enables receiving updated data from robots, machine monitors, and employees on a continuous basis. Increasing demand for industrial automation and the growing need for real-time visibility are projected to fuel the growth of the global modern manufacturing execution system market during the forecast period. However, high initial investments are expected to limit the growth of the market during the forecast period.
In 2017, North America dominated the global market; the regional market was valued at USD 3,934.4 million and is expected to register a CAGR of 15.27% during the forecast period. However, the market in Asia-Pacific is expected to be the fastest-growing at the highest CAGR of 18.72% during the review period.
The global modern manufacturing execution system market has been segmented on the basis of component, deployment, discrete industry, and region. By component, the market has been segmented into software and service. Based on Deployment, the market has been segmented into cloud, on-premise, and hybrid. By discrete industry, the market has been segmented into electronics, automotive, medical, FMCG, aerospace & defense, and others
Based on component, the software segment was the largest, accounting for market value of 7,064.6 million in 2017; it is projected to register a CAGR of 14.24% during the forecast period. By deployment, the cloud segment accounted for the highest market value of 4,844.8 million in 2017; the segment is projected to exhibit a CAGR of 16.04% during the review period. On the basis of discrete industry, the electronics segment dominated the market in 2017 with a value of 3,138.8 million in 2017; it is projected to exhibit a CAGR of 17.02% during the forecast period.
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The key players in the global modern manufacturing execution system market are Siemens AG(Germany), ABB Ltd (Switzerland), Emerson Electric Co. (US),General Electric Company (US), Applied Materials, Inc. (US), SAP SE (Germany),Werum IT Solutions GmbH (Germany), Rockwell Automation, Inc. (US),Dassault Systèmes (France), Honeywell International Inc. (US), and Tebis Technische Informationssysteme AG (Germany).
Global Modern Manufacturing Execution System Market Analysis & Forecast, from 2017 to 2027
• To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global modern manufacturing execution system market
• To provide insights into the factors affecting market growth
• To analyze the global modern manufacturing execution system market based on Porter's Five Forces analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries—North America, Europe, Asia, and the rest of the world
• To provide country-level analysis of the market with respect to the current market size and future prospects
• To provide country-level analysis of the market for segments on the basis of component, deployment, discrete industry, and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers & acquisitions, product developments, and research and developments in the global modern manufacturing execution system market.
• Technology providers
• Research organizations
• Technology investors
• Venture capitalists
• Government organizations
• The global modern manufacturing execution system market is expected to reach USD 46,376 million by 2027.
• Based on component, the software segment accounted for the largest market share with a value of USD 7,064.6 million in 2017 and is projected to register a CAGR of 14.24% during the forecast period.
• Based on deployment, the cloud segment accounted for the largest market size at a value of USD 4,844.8 million in 2017 and is projected to register a CAGR of 16.04% during the forecast period.
• On the basis of discrete industry, the electronics segment was the largest market valued at USD 2652.0 million in 2017 and is projected to exhibit a CAGR of 17.02% during the forecast period.
• North America is projected to be the largest regional market.
Regional and Country-Level Analysis of the Global Modern Manufacturing Execution System Market, Estimation and Forecast
North America is expected to lead the global modern manufacturing execution system market, registering a CAGR of 15.27% during the forecast period. Europe is projected to be the second-largest market exhibiting a CAGR of 14.11%. However, the market in Asia-Pacific is expected to be the fastest-growing at an 18.72% CAGR. The market in the rest of the world is projected to register a CAGR of 11.03% during the forecast period.
The report on the global modern manufacturing execution system market also covers the following country-level analysis:
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
• Rest of the world
Table Of Contents
Global Modern Manufacturing Execution System Market Research Report Forecast to 2027
2 Market Introduction
2.2 Scope of the Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List of Assumptions
4 Market Dynamics
4.2.1 Increasing Demand for Industrial Automation
4.2.2 Growing Need of Real-Time Visibility
4.3.1 High Initial Investment
4.4.1 Increasing Penetration of MES in the Industrial Internet of Things (IIoT)
5 Market Factor Analysis
5.1 Value Chain Analysis
5.1.1 Designers and Programmers
5.1.2 Solution developers
5.1.3 System Integrators
5.1.4 End Users
5.2 Porter’s Five Forces Model
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Suppliers
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Rivalry
6 Market Alerts
6.1 Use Case
6.1.1 Active Quality Management
6.2 Impact of Emerging Technology
6.2.1 Smart Factory
6.2.2 Industrial Automation
7 Global Modern Manufacturing Execution System (MES) Market, by Component
7.2.1 Enterprise Resource Planning (ERP)
7.2.2 Warehouse Management
7.2.3 Product Lifecycle Management (PLM)
7.3.1 Consulting & Development
7.3.2 Training & Support
7.3.3 Integration Service
8 Global Modern Manufacturing Execution System (MES) Market, by Deployment
9 Global Modern Manufacturing Execution System (MES) Market, by Discrete Industry
9.6 Aerospace & Defense
10 Global Modern Manufacturing Execution System (MES) Market, by Region
10.2 North America
10.3.4 Rest of Europe
10.4.4 South Korea
10.4.5 Rest of Asia-Pacific
10.5 Rest of the World
10.5.1 Middle East & Africa
10.5.2 South America
11 Competitive Landscape
12 Company Profiles
12.1 Siemens AG
12.1.1 Company Overview
12.1.2 Financial Overview
12.1.3 Products/Solutions/Services Offered
12.1.4 Key Developments
12.1.5 SWOT Analysis
12.1.6 Key Strategies
12.2 ABB Ltd
12.2.1 Company Overview
12.2.2 Financial Overview
12.2.3 Products/Solutions/Services Offered
12.2.4 Key Developments
12.2.5 SWOT Analysis
12.2.6 Key Strategies
12.3 Emerson Electric Co.
12.3.1 Company Overview
12.3.2 Financial Overview
12.3.3 Products/Solutions/Services Offered
12.3.4 Key Developments
12.3.5 SWOT Analysis
12.3.6 Key Strategies
12.4 General Electric Company
12.4.1 Company Overview
12.4.2 Financial Overview
12.4.3 Products/Solutions/Services Offered
12.4.4 Key Developments
12.4.5 SWOT Analysis
12.4.6 Key Strategies
12.5 Applied Materials, Inc.
12.5.1 Company Overview
12.5.2 Financial Overview
12.5.3 Products/Solutions/Services Offered
12.5.4 Key Developments
12.5.5 SWOT Analysis
12.5.6 Key Strategies
12.6 SAP SE
12.6.1 Company Overview
12.6.2 Financial Overview
12.6.3 Products/Solutions/Services Offered
12.6.4 Key Developments
12.6.5 SWOT Analysis
12.6.6 Key Strategies
12.7 Werum IT Solutions GmbH
12.7.1 Company Overview
12.7.2 Financial Overview
12.7.3 Products/Solutions/Services Offered
12.7.4 Key Developments
12.8 Rockwell Automation, Inc.
12.8.1 Company Overview
12.8.2 Financial Overview
12.8.3 Products/Solutions/Services Offered
12.8.4 Key Developments
12.8.5 SWOT Analysis
12.8.6 Key Strategies
12.9 Dassault Systèmes
12.9.1 Company Overview
12.9.2 Financial Overview
12.9.3 Products/Solutions/Services Offered
12.9.4 Key Developments
12.9.5 SWOT Analysis
12.9.6 Key Strategies
12.10 Honeywell International Inc.
12.10.1 Company Overview
12.10.2 Financial Overview
12.10.3 Products/Solutions/Services Offered
12.10.4 Key Developments
12.10.5 SWOT Analysis
12.10.6 Key Strategies
12.11 Tebis Technische Informationssysteme AG
12.11.1 Company Overview
12.11.2 Financial Overview
12.11.3 Products/Solutions/Services Offered
12.11.4 Key Developments
12.10.6 Key Strategies
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