PUBLISHER: The Business Research Company | PRODUCT CODE: 1693314
PUBLISHER: The Business Research Company | PRODUCT CODE: 1693314
A modern manufacturing execution system is a software-driven solution designed to manage, monitor, and control manufacturing operations in real-time. This system is essential in the Industry 4.0 landscape, as it enables data-driven decision-making, enhances productivity, reduces costs, and supports the digital transformation of manufacturing processes. For enterprises aiming to improve operational transparency, optimize production workflows, and adapt to the changing demands of the industrial sector, a modern manufacturing execution system is indispensable.
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 $19.68 billion in 2024 to $22.93 billion in 2025 at a compound annual growth rate (CAGR) of 16.5%. The growth in the historic period can be attributed to regulatory compliance requirements, need for operational efficiency, demand for real-time visibility, integration with enterprise systems, increasing complexity in manufacturing operations.
The modern manufacturing execution system market size is expected to see rapid growth in the next few years. It will grow to $41.92 billion in 2029 at a compound annual growth rate (CAGR) of 16.3%. The growth in the forecast period can be attributed to rapid adoption of industry 4.0 technologies, shift towards cloud-based solutions, emphasis on predictive maintenance, increasing complexity in manufacturing operations, focus on sustainability and green manufacturing. Major trends in the forecast period include rapid adoption of cloud-based solutions, integration with emerging technologies, focus on data analytics and predictive insights, expansion of MES in small and medium-sized enterprises (SMES), enhanced interoperability and connectivity.
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 2022, Epicor, a US-based software company, acquired eFlex Systems for an undisclosed sum. Through this acquisition, Epicor has broadened its Advanced MES capabilities to help manufacturers enhance productivity. This expansion includes the modernization of production environments with digital work instructions, advanced process control, and real-time operational visibility. eFlex Systems is a US-based provider of modern manufacturing execution systems.
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 2024. 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.
Modern Manufacturing Execution System Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on modern manufacturing execution system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for modern manufacturing execution system ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The modern manufacturing execution system market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.