What Are The Market Size Projections For Global Manufacturing Execution System Market?
The manufacturing execution system market size has seen substantial growth in recent years, expanding from $15.46 billion in 2024 to predicted $16.96 billion in 2025, demonstrating a robust compound annual growth rate (CAGR) of 9.7%. This growth is chiefly due to increased demand for operational efficiency, compliance and quality management, lean manufacturing practices, quality control and traceability, and workforce productivity enhancement.
Looking ahead, the manufacturing execution system market size is expected to witness rapid growth even further. It is projected to rise to $28.07 billion in 2029 at a CAGR of 13.4%. The robust growth in the forecast period can be attributed to factors such as advanced analytics and predictive maintenance, supply chain resilience, energy efficiency optimization, paperless manufacturing operations, regulatory compliance, and reporting, supply chain integration, and visibility. Future trends include integration with industry 4.0 and smart manufacturing, cloud-based MES solutions, real-time data analytics and reporting, focus on cybersecurity, collaboration with ERP systems, AI-driven process optimization, and digital twin integration.
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What Are The Key Growth Drivers In The Manufacturing Execution System Market?
The surge in demand for mass production and a connected supply chain to cater to the growing population is anticipated to be a major driver for the manufacturing execution system market. Companies are making substantial investments in advanced software and AI-based systems to accommodate the rapidly growing demand for mass production activities and connected supply chains. A report published by Statistics Canada in July 2023 indicated that approximately 19.5% of businesses in the manufacturing sector planned to expand their existing business location within the coming 12 months. Hence, mass production and a connected supply chain is expected to give a significant boost to the manufacturing execution system industry.
What Are the Prime Segments Within the Global Manufacturing Execution System Market?
1) By Offering: Software, Services
2) By Deployment: On-Premise, On-Demand, Hybrid
3) By Organization Size: Small And Medium Size Enterprise, Large Enterprise
4) By Process Industry: Food And Beverages, Oil And Gas, Chemicals, Pulp And Paper, Pharmaceutical And Life Sciences, Energy And Power, Water And Wastewater Management, Other Process Industries
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Who Are The Major Players In The Manufacturing Execution System Market?
Major companies operating in the manufacturing execution system market include ABB Ltd., AVEVA Group plc, Dassault Systèmes, Honeywell International Inc., Rockwell Automation Inc., Siemens AG, Schneider Electric SE, Dassault Systèmes, Emerson Electric Co., General Electric Company, Honeywell International Inc., Werum IT Solutions, Parsec Automation Corp., PTC Inc., Yokogawa Electric Corporation, SAP SE, Schneider Electric SE, Lighthouse Systems, Critical Manufacturing, Cogiscan Inc., Andea Solutions, Plex Systems Inc., Sanmina Corporation, Applied Materials Inc., L&T Technology Services, ATS Global B. V., MPDV Mikrolab GmbH, CIMON Inc., Prolink Technologies, Aegis Industrial Software Corporation.
What Are the Emerging Trends Within The Manufacturing Execution System Market?
Major companies within the manufacturing execution system market are heavily investing in launching the latest versions of MES to meet the demand for improved operational efficiency. A notable initiative includes the February 2023 launch by AVEVA, a UK-based corporate payment specialist, of its Manufacturing Execution System 2023 version. This version offers enhancements for multi-site MES solutions, streamlining operational efficiency, sustainability, and supply chain resilience.
Which Region Holds the Largest Share in The Manufacturing Execution System Market?
Asia-Pacific held the largest region in the manufacturing execution system market in 2024. Other regions covered are Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Manufacturing Execution System Market Report 2025 Offer?
A manufacturing execution system is comprehensive dynamic software designed to monitor, control, and document the process of manufacturing from raw materials to finished products. It serves as a functional layer between ERP (enterprise resource planning) and process control systems, offering data to decision-makers to facilitate efficient and optimized production activities. The Manufacturing Execution System Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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