Covid-19 Impact on Modern Manufacturing Execution System Market Analysis, Future Plans, Technological Advancement, Target Audience, Growth Prospects Predicted by 2027
                     Overview 
As per Market Research Future (MRFR), the global Modern Manufacturing Execution System 
Market had a valuation of USD 12,125.4 million in 2017 and is projected to reach USD 46,376.8 
million in 2027 with a CAGR of 15.41% from 2019 to 2027 (forecast period). 
The manufacturing execution system is an information system that tracks, connects, and controls 
complex data flows and manufacturing equipment on the factory floor. The main purpose of the 
manufacturing execution system is to ensure the successful implementation of manufacturing 
operations and the improvement of production output. For example, AVEVA Group PLC provides 
manufacturing execution systems for hybrid and batch manufacturing processes. It helps to 
maximize the quality, profitability, and compliance of manufacturing operations. Manufacturing 
execution systems are used in manufacturing processes in a variety of ways with the goal of 
increasing productivity, minimizing labor costs, and streamlining production processes. The US 
and Japan were the first leaders in this area and soon became famous in other countries. Europe 
has also shown a substantial speed in the development and adoption of manufacturing execution 
system solutions. 
The main goal of MES is to combine documents, equipment, and material management with 
electronic work procedures in order to establish an optimized manufacturing environment. MES 
offers real-time insight into the production process, overall equipment effectiveness (OEE), and 
saves indirect labor costs through automated data collection from various sources. MES also 
allows just-in-time and made to order operations with seamless material flow across the supply 
chain to the end-user. Cantier Systems, Inc. offers real-time traceability to the semiconductor 
and electronics industries for MES, eliminating cycle time and scrap, optimizing supply chains, 
and eliminating risk exposure to quality incidents. The company also offers integrated smart 
manufacturing solutions to different end-users. 
Market Dynamics 
Currently, low installation costs, increased industrial automation, adoption of factory automation 
technologies, and strict regulatory compliance are pushing this market's growth. Globally, as 
more and more manufacturing companies embrace the latest automation technologies to 
enhance their operational processes, market opportunities will be generated for manufacturing 
execution system providers. However, high investments and costs involved in the maintenance 
and upgrade of manufacturing execution systems can act as a limiting factor for the market 
during the forecast period. 
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/1094  
Market Segmentation 
The global market for modern manufacturing execution system has been segmented based on 
components. 
By component, the global modern manufacturing execution system market has been 
segmented into electronics, automotive, medical, FMCG, aerospace & defense, and others. The 
electronics segment accounted for a significant market share of 25.9% in 2017, with a value of 
USD 3.138.8 million; a CAGR of 17.0% is expected to be recorded during the forecast period. 
The automotive segment held the second-largest position in 2017, estimated at USD 2.551.9 
million; a CAGR of 12.4% is expected. However, the medical segment is projected to post the 
highest CAGR of 17.7%. 
Key Players 
The industry giants in the global modern manufacturing execution system market are Siemens 
AG (Germany), General Electric Company (US), ABB Ltd (Switzerland), Emerson Electric Co. (US), 
Applied Materials, Inc. (US), Dassault Systèmes (France), Werum IT Solutions GmbH (Germany), 
Rockwell Automation, Inc. (US), Honeywell International Inc. (US), SAP SE (Germany), and Tebis 
Technische Informationssysteme AG (Germany). 
Regional Analysis 
Region-wise, the global modern manufacturing execution system market has been divided into 
North America, Europe, Asia Pacific, and the rest of the world.  
North America captured the largest market share of 32.45% in 2017, with a value of USD 
3.934.4 million, trailed by Europe, Asia Pacific, and the rest of the world. Major modern 
manufacturing execution system providers like Emerson Electric Co., General Electric Company, 
Honeywell International Inc., and Rockwell Automation, Inc., among others, are expected to 
have the largest market share to contribute to the dominance of this area during the forecast 
period. The US has experienced steady growth in the modern manufacturing execution system 
market over the last decade, due to the high demand for these systems from the water and 
wastewater treatment, food and beverage, and power industries. In addition, the increasing 
need to track real-time data, increase data visibility, and control off-site production activities 
have a significant effect on the growth of the modern manufacturing execution system market 
in North America. The Asian Pacific market is projected to have the highest CAGR of 18.7% 
during the forecast period 2019-2027. 
Browse Complete Report @ https://www.marketresearchfuture.com/reports/modern-
manufacturing-execution-system-market-1094  
Global Modern Manufacturing Execution System Market Research Report: By Component 
(Software (Enterprise Resource Planning (ERP), Warehouse Management, Product Lifecycle 
Management (PLM)), Service (Consulting & Development, Training & Support, Integration 
Service)), Deployment (Cloud, On-Premise), Discrete Industry (Electronics, Automotive, 
Medical, FMCG, Aerospace & Defense) - Forecast till 2027 
About Market Research Future: 
At Market Research Future (MRFR), we enable our customers to unravel the complexity of 
various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports 
(HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & 
Consulting Services. 
MRFR team have supreme objective to provide the optimum quality market research and 
intelligence services to our clients. Our market research studies by products, services, 
technologies, applications, end users, and market players for global, regional, and country level 
market segments, enable our clients to see more, know more, and do more, which help to 
answer all their most important questions. 
Contact:  
Market Research Future 
+1 646 845 9312 
Email: [email protected]