In the News, a US$22.9 billion Opportunity for Manufacturing Execution Systems!
The global market for Manufacturing Execution Systems (MES) is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$22.9 billion by 2025.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Manufacturing Execution Systems (MES) market.Report segmentation include Component (Software, Services); Deployment (On-Premise, On-Demand, Hybrid); End-Use (Automotive, Aerospace & Defense, Healthcare, Oil & Gas, Chemical, Food & Beverage, Consumer Packaged Goods, Other End-Uses).
10 June 10:09 A.M., California/Marketwire/ - According to the new market research report, the global market for Manufacturing Execution Systems (MES) is expected to decline substantially in the year 2020, with COVID-19 pandemic triggering a short-term crisis in the industrial sector, before recovering to reach a revised market size of US$22.9 billion by 2025. The market will be reset to a new normal which going forwards in a post crisis era will be continuously redefined and redesigned.
Since, MES has widespread use in automotive, aerospace & defense, healthcare, oil & gas, chemical, consumer packaged goods, and food & beverage plants and factories, where these solutions are deployed to streamline and augment manufacturing process, the post COVID-19 environment is likely to induce progressive momentum in the market. MES is a computerized system used for real-time documentation, control and management of the entire processes involved in manufacturing industries that enables seamless integration of various applications employed for the purchasing, shipping and receiving, inventory control, maintenance and scheduling activities. With manufacturers of all types facing greater competition than ever before due to growing complexity of supply chain led by globalization and continuing industry consolidation, the relevance of sophisticated technologies such as MES remains most critical to boost enterprise operations. Anticipated rise in adoption of 'Smart Factory' and 'Industry 4.0' strategies by enterprises across the board would be instrumental in future growth of MES market.
Key Competitors Covered in the Report
Andea Solutions Sp. z o.o.
Dassault Systemes SE
Emerson Electric Co.
Honeywell Process Solutions
Rockwell Automation, Inc.
Schneider Electric SE
Siemens PLM Software, Inc.
Werum IT Solutions GmbH
Yokogawa Electric Corporation
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 27726. Among this pool, 2493 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 553 unique participations, a total of 249 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
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Global Industry Analysts, Inc.