Manufacturing Execution System (MES) Market - Forecast(2021 - 2026)

Manufacturing Execution System Market is forecast to reach $x billion by 2025, growing at a CAGR x% from 2020 to 2025. Manufacturing execution systems are information systems that link, monitor and control the complex manufacturing systems on the factory floor, as well as all relevant data flows. The primary objective of the MES is to ensure the efficient execution of all production activities and to improve production output. Adopting manufacturing execution systems is driven by the increasing shift towards production orders, process steps, and instructions and documentation with information drawn directly from ERP and other organization business systems. In manufacturing processes, manufacturing execution systems are used in several ways in order to increase productivity, reduce labor costs, and streamline production processes.

Manufacturing Execution System Market Report Coverage

The report: “Manufacturing Execution System Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of Manufacturing Execution System Market. 

By Offering Type: Software, Services

By License Type: Perpetual, Subscription

By Organization Size: Small Enterprise, Medium Enterprise, Large Enterprise

By Deployment Type: On-Premise, On-Demand, Cloud

By End-User: FMCG, Medical, Pharmaceutical, Chemical, Others

By Geography: North America, South America, Europe, APAC, RoW

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Key Takeaways

• The main factors driving the growth of the market are the need for mass production and the connected supply chain to cater for the growing population, low deployment costs, increased use of industrial automation in processes and discrete industries
• A major contribution to the market for manufacturing execution systems is the increasing adoption of cloud-based technologies across different manufacturing industries.
• The manufacturing execution solution provides improved management of the medical manufacturing industry's manufacturing activities, including planning activities, providing instructions to operators, synchronizing manual operations with automated processes, and others.
• The increase in the number of manufacturing plants in different sectors, such as the automotive, textile, power and pharmaceutical industries, where manufacturing execution systems are in high demand, is a reason for the growth of the APAC market for manufacturing execution systems.
• Fiscal policies guarantee loans to large and small enterprises and would boost manufacturing activities across industries, where execution systems for manufacturing would play a key role in optimizing production operations. It is expected that this will drive the market for manufacturing execution systems.
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Manufacturing Execution System Market Segment Analysis - By Deployment Type

During the forecast period cloud segment is expected to grow at a CAGR 5.43%. The increasing adoption of cloud-based technologies across different manufacturing industries is a major contribution to the manufacturing execution system market. In the subscription model, cloud-based solutions and on-demand deployment are mainly available. As stated by cisco, more than 60% of the industries are currently deploying cloud based solutions to automate the manufacturing processes. The significant rise in the adoption of industry 4.0 is set to boost the adoption of cloud based technologies therefore automation through the cloud manufacturing execution system is set to escalate the market growth rate.

Manufacturing Execution System Market Segment Analysis By End-User 

The medical sector is projected to grow during the forecast period at the highest CAGR 5.39%. The medical sector is responsible for the production of medical devices. In the medical industry, the deployment of manufacturing execution system solutions gives the company increased efficiency, productivity, and so on. The manufacturing execution solution provides improved management of production activities for the medical manufacturing sector, including scheduling activities, providing operators with instructions, synchronizing manual activities with automated processes, and others. The demand for medical equipment such as ventilators, and so on is increasing with the covid-19 situation. The dire need to manufacture these equipment therefore requires solutions such as manufacturing execution system for monitoring and so on to be deployed. This is expected to boost the manufacturing execution system's market growth.

Manufacturing Execution System Market Segment Analysis - By Geography

APAC is expected to dominate the global manufacturing execution system market and is expected to grow at a CAGR 5.41%. In APAC, the demand for manufacturing execution systems is very high for the change from manual or legacy systems to automated systems to be implemented. China's manufacturing execution system market is expected to grow mainly due to the increasing number of manufacturing units in the country, which is expected to generate enormous demand for manufacturing execution system software. China has launched the "MADE IN CHINA 2025" initiative, which aims mainly to boost the adoption of digitalization across different manufacturing sectors. China is investing strongly in the pharmaceutical sector's integration of AI, thereby boosting the rate of market growth. The increase in the number of manufacturing plants in various sectors, such as automotive, textiles, power, and pharmaceuticals, where manufacturing execution systems are in high demand, is another reason for the growth of the manufacturing execution system market in APAC.

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