The global market for manufacturing execution system is projected to have considerable CAGR of around 5.6% during the forecast period. The market growth mainly driven by the increasing demand of manufacturing execution system by the various industries for enhanced their manufacturing process. Manufacturing execution system controls the production operations that enable the realization of management’s plans, and provides feedback from the plant-floor to management thereby closing the execution gap.
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Manufacturing execution system delivers substantial benefits by improving both sides of manufacturing including processing and distribution. For the operations side, it reduces lead-time on new product start-ups, lowers work-in process (WIP) inventories, improves product quality, reduces paperwork and provides speedier data-entry. Moreover, Manufacturing execution system provides real-time management of complete process definitions, production and support activities, assuring compliance to engineering plans and specifications. Therefore, due to these various benefits manufacturing execution systems are widely adopted by the various industries that further contribute on the growth of the market.
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Global Manufacturing Execution System Market Segmentation
By Deployment Type
Cloud-Based
On-Premises
By Industry
Automotive
Aerospace & Defense
Oil & Gas
Chemical
Food & Beverages
Healthcare
Others( Electronics, waste water management)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
42Q
ABB Ltd.
AVEVA Group plc
Aegis Industrial Software Corp.
Dassault Systèmes S.A.
Emerson Electric Co.
Epicor Software Corp.
Eyelit, Inc.
FORCAM GmbH
General Electric Co.
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