The US manufacturing execution system market is estimated to grow significantly during the forecast period. The market is mainly driven by various factors such as the significant demand for automation in the manufacturing industry in the country. Moreover, the robot density in the US manufacturing industry in 2017 reached over 200 robots per 10,000 manufacturing employees as compared to 97 in China, as per the International Federation of Robotics. The trend of automating production in domestic as well as global markets is the major factor driving the installation of robots in the US therefore, creating ample growth to the manufacturing execution system market. Moreover, the integration of AI and IoT technologies in the manufacturing sector further provides ample opportunity for market growth.
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The US market for manufacturing execution system is further classified on the basis of deployment type and Industry. Based on the deployment, the market is further classified into cloud-based and on-premises. The on-premises segment is projected to hold a significant share in the US manufacturing execution system market. On the basis of industry, the market is further segregated into automotive, aerospace & defense, oil & gas, chemical, food & beverages, healthcare, and others. The oil & gas industry is estimated to hold a significant share in the market owing to the growing digital advancement coupled with the increasing integration of automation technology with the manufacturing execution system.
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The companies which are contributing to the growth of the US manufacturing execution system market include ABB Ltd., Honeywell International, Inc., General Electric Co., Emerson Electric Co., Oracle Corp., Rockwell Automation, Inc., Siemens AG, SAP SE, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market.
Market Segmentation
US Manufacturing Execution System Market by Deployment Type
• Cloud-Based
• On-Premises
US Manufacturing Execution System Market by Industry
• Automotive
• Aerospace &Defense
• Oil & Gas
• Chemical
• Food & Beverages
• Healthcare
• Others( Electronics, wastewater management)
Company Profiles
• 42Q
• ABB Ltd.
• Aegis Industrial Software Corp.
• Emerson Electric Co.
• Eyelit, Inc.
• General Electric Co.
• Honeywell International Inc.
• Oracle Corp.
• Rockwell Automation, Inc.
• Siemens AG
• SAP SE
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