Modern Manufacturing Execution System Global Market Report 2024

Description

A contemporary manufacturing execution system (MES) is a software-driven solution designed to oversee, monitor, and regulate manufacturing activities in real-time. Positioned at the forefront of the Industry 4.0 paradigm, this system facilitates data-centric decision-making, enhances productivity, reduces expenses, and facilitates the digital metamorphosis of manufacturing workflows. In today's industrial environment, the modern MES is indispensable for enterprises striving to augment operational visibility, optimize production processes, and adapt to the dynamic demands of the sector.

The primary components of the modern Manufacturing Execution System (MES) consist of software and services. Software encompasses the suite of programs and applications responsible for controlling and harnessing hardware capabilities, facilitating a range of computing functions and tasks. These software solutions can be deployed in diverse modes, including on-premise, cloud-based, and hybrid setups, catering to a multitude of applications across industries such as fast-moving consumer goods (FMCG), medical, automotive, electronics, aerospace and defense, among others.

The modern manufacturing execution system market research report is one of a series of new reports from The Business Research Company that provides modern manufacturing execution system market statistics, including modern manufacturing execution system industry global market size, regional shares, competitors with a modern manufacturing execution system market share, detailed modern manufacturing execution system market segments, market trends and opportunities, and any further data you may need to thrive in the modern manufacturing execution system industry. This modern manufacturing execution system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The modern manufacturing execution system market size has grown rapidly in recent years. It will grow from $16.95 billion in 2023 to $19.68 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth witnessed in the historic period can be attributed to several factors, including regulatory compliance requirements, the imperative for operational efficiency, the growing demand for real-time visibility into manufacturing processes, the integration of Manufacturing Execution Systems (MES) with enterprise systems, and the escalating complexity of manufacturing operations. These factors collectively drove the adoption and expansion of MES solutions during this period.

The modern manufacturing execution system market size is expected to see rapid growth in the next few years. It will grow to $38.08 billion in 2028 at a compound annual growth rate (CAGR) of 16.4%. The projected growth is driven by the widespread uptake of Industry 4.0 technologies, a transition towards cloud-centric solutions, prioritization of predictive maintenance, rising intricacies in manufacturing processes, and a heightened focus on sustainable and eco-friendly manufacturing practices. Key trends anticipated in the forecast period encompass swift integration of cloud solutions, alignment with emerging technologies, heightened emphasis on data analytics and predictive analytics, broader adoption of Manufacturing Execution Systems (MES) among small and medium-sized enterprises (SMEs), and strengthened interoperability and connectivity across systems.

The anticipated rise in the adoption of cloud-based solutions is set to drive the growth of the modern manufacturing execution system (MES) market. Cloud-based solutions, which encompass software, platforms, or infrastructure services accessed over the internet, are gaining traction due to their scalability, flexibility, accessibility, and cost-effectiveness. Within the manufacturing sector, cloud-based MES solutions empower manufacturers with real-time production data access, multi-location collaboration, and efficient scalability through remote servers and internet-based services. For example, Eurostat reported a notable increase in cloud computing adoption across European businesses in 2023, with 45.2% of EU businesses acquiring cloud services, representing a 4.2% rise from 2021. This trend, including the increased adoption among medium-sized and small enterprises, underscores the pivotal role of cloud-based solutions in driving modern MES market expansion.

Key players in the modern manufacturing execution system market are strategically focusing on product innovation, particularly in Manufacturing Execution System (MES) software development, to enhance competitiveness. MES software, a computerized system integral to manufacturing industries for real-time production process tracking and management, is undergoing significant advancements to cater to evolving industry demands. For instance, in February 2023, AVEVA launched an updated version of its MES software tailored for data center deployments. This version, equipped with multi-site support, caters to data center operators by augmenting MES capabilities in monitoring, control, asset performance, and operations optimization. Digitizing and standardizing operational processes across manufacturing plants, MES software effectively manages inventory, production, and quality-related activities, ensuring cost-efficient production of high-quality products.

In October 2021, Infor completed the acquisition of Lighthouse Systems, a UK-based provider of manufacturing execution system (MES) software, for an undisclosed sum. This strategic move is poised to bolster Infor's solutions portfolio, enabling the integration of MES software with industry-specific enterprise resource planning (ERP) systems. With Lighthouse Systems' expertise, Infor aims to offer fully integrated MES solutions tailored for smart manufacturing environments, enhancing operational efficiency and agility across manufacturing processes.

Major companies operating in the modern manufacturing execution system market are Siemens AG, Accenture Plc, General Electric Company, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd, Applied Materials Inc., Emerson Electric Co., Rockwell Automation Inc., Dassault Systemes, Krones AG, Epicor Software Corporation, Aptean Inc., MPDV Mikrolab GmbH, Plex Systems, Yokogawa Electric Corporation, Lighthouse Worldwide Solutions, Werum IT Solutions GmbH, Aegis Software, InfinityQS International, Tebis Technische Informationssysteme AG, Critical Manufacturing, FORCAM GmbH, ATS Global

North America was the largest region in the modern manufacturing execution system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modern manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the modern manufacturing execution system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The modern manufacturing execution system market includes revenues earned by entities by providing services such as implementation services, integration services, and support and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Including: 1) By Component: Software; Service
2) By Deployment: On-Premise; Cloud; Hybrid
3) By Application: Fast Moving Consumer Goods (FMCG); Medical; Automotive; Electronics; Aerospace And Defense
Covering: Siemens AG; Accenture Plc; General Electric Company; Schneider Electric SE; Honeywell International Inc.

Product Code: r17398

1. Executive Summary

2. Modern Manufacturing Execution System Market Characteristics

3. Modern Manufacturing Execution System Market Trends And Strategies

4. Modern Manufacturing Execution System Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Modern Manufacturing Execution System Market Size and Growth

5.1. Global Modern Manufacturing Execution System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Modern Manufacturing Execution System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Modern Manufacturing Execution System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Modern Manufacturing Execution System Market Segmentation

6.1. Global Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Software
Service
6.2. Global Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-Premise
Cloud
Hybrid
6.3. Global Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Fast Moving Consumer Goods (FMCG)
Medical
Automotive
Electronics
Aerospace And Defense
Other Applications

7. Modern Manufacturing Execution System Market Regional And Country Analysis

7.1. Global Modern Manufacturing Execution System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Modern Manufacturing Execution System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Modern Manufacturing Execution System Market

8.1. Asia-Pacific Modern Manufacturing Execution System Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Modern Manufacturing Execution System Market

9.1. China Modern Manufacturing Execution System Market Overview
9.2. China Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Modern Manufacturing Execution System Market

10.1. India Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Modern Manufacturing Execution System Market

11.1. Japan Modern Manufacturing Execution System Market Overview
11.2. Japan Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Modern Manufacturing Execution System Market

12.1. Australia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Modern Manufacturing Execution System Market

13.1. Indonesia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Modern Manufacturing Execution System Market

14.1. South Korea Modern Manufacturing Execution System Market Overview
14.2. South Korea Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Modern Manufacturing Execution System Market

15.1. Western Europe Modern Manufacturing Execution System Market Overview
15.2. Western Europe Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Modern Manufacturing Execution System Market

16.1. UK Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Modern Manufacturing Execution System Market

17.1. Germany Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Modern Manufacturing Execution System Market

18.1. France Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Modern Manufacturing Execution System Market

19.1. Italy Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Modern Manufacturing Execution System Market

20.1. Spain Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Modern Manufacturing Execution System Market

21.1. Eastern Europe Modern Manufacturing Execution System Market Overview
21.2. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Modern Manufacturing Execution System Market

22.1. Russia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Modern Manufacturing Execution System Market

23.1. North America Modern Manufacturing Execution System Market Overview
23.2. North America Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Modern Manufacturing Execution System Market

24.1. USA Modern Manufacturing Execution System Market Overview
24.2. USA Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Modern Manufacturing Execution System Market

25.1. Canada Modern Manufacturing Execution System Market Overview
25.2. Canada Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Modern Manufacturing Execution System Market

26.1. South America Modern Manufacturing Execution System Market Overview
26.2. South America Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Modern Manufacturing Execution System Market

27.1. Brazil Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Modern Manufacturing Execution System Market

28.1. Middle East Modern Manufacturing Execution System Market Overview
28.2. Middle East Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Modern Manufacturing Execution System Market

29.1. Africa Modern Manufacturing Execution System Market Overview
29.2. Africa Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Modern Manufacturing Execution System Market Competitive Landscape And Company Profiles

30.1. Modern Manufacturing Execution System Market Competitive Landscape
30.2. Modern Manufacturing Execution System Market Company Profiles
- 30.2.1. Siemens AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Accenture Plc
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. General Electric Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Schneider Electric SE
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Honeywell International Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Modern Manufacturing Execution System Market Other Major And Innovative Companies

31.1. SAP SE
31.2. ABB Ltd
31.3. Applied Materials Inc.
31.4. Emerson Electric Co.
31.5. Rockwell Automation Inc.
31.6. Dassault Systemes
31.7. Krones AG
31.8. Epicor Software Corporation
31.9. Aptean Inc.
31.10. MPDV Mikrolab GmbH
31.11. Plex Systems
31.12. Yokogawa Electric Corporation
31.13. Lighthouse Worldwide Solutions
31.14. Werum IT Solutions GmbH
31.15. Aegis Software

32. Global Modern Manufacturing Execution System Market Competitive Benchmarking

33. Global Modern Manufacturing Execution System Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Modern Manufacturing Execution System Market

35. Modern Manufacturing Execution System Market Future Outlook and Potential Analysis

35.1 Modern Manufacturing Execution System Market In 2028 - Countries Offering Most New Opportunities
35.2 Modern Manufacturing Execution System Market In 2028 - Segments Offering Most New Opportunities
35.3 Modern Manufacturing Execution System Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer