Home > Semiconductors & Electronics > Automation > Industrial Automation > Manufacturing Execution Systems Market

Manufacturing Execution Systems Market Trends

Report ID: GMI8244
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Manufacturing Execution Systems Market Trends

The demand for mobile access to MES functionalities is growing, allowing managers and operators to monitor & control production processes remotely. Mobile applications for MES facilitate real-time decision-making and provide greater visibility into operations, regardless of location. Manufacturers are increasingly leveraging advanced data analytics and visualization tools in MES platforms to gain deeper insights into their operations. These tools can identify patterns, predict outcomes, and suggest optimizations, leading to improved efficiency, reduced downtime & higher product quality.

As MES solutions become more interconnected with other enterprise systems and external networks, cybersecurity is becoming a critical concern. MES providers are enhancing their solutions with advanced security features to protect against cyber threats, ensuring the integrity and confidentiality of manufacturing data. To improve accessibility & ease of use, MES providers are focusing on developing user-friendly interfaces and offering mobile access to MES functionalities. This enables real-time monitoring and management of manufacturing operations from anywhere, thereby enhancing flexibility and decision-making.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Manufacturing execution systems (MES) industry surpassed USD 13.5 billion in revenue in 2023 and is estimated to expand at over 9.5% growth rate between 2024 and 2032 driven by the increasing initiatives towards smart manufacturing and Industry 4.0.

The cloud segment is projected to record substantial growth at over 10% CAGR up to 2032 owing to the growing demand to offer unparalleled scalability and flexibility.

Asia Pacific MES industry is set to exhibit over 10% CAGR from 2024 to 2032 owing to the rapid industrialization and manufacturing sector in the region.

Some of the major manufacturing execution systems market players are Siemens AG, SAP SE, Rockwell Automation Inc., Dassault Systemes S.A., Honeywell International Inc., Emerson Electric Co., and ABB Ltd.