Global Manufacturing Execution System Market is expected to reach $38.18 billion by 2027 growing at a CAGR 16.3% during 2018 to 2027.

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Some of the key players profiled in the Manufacturing Execution System Market include Honeywell International, General Electric, Siemens, ABB, Oracle, Forcam, Emerson Electric, Applied Materials, SAP, Dassault Systèmes, Miracom, MPDV, and Aveva.

Gaithersburg, Maryland, United States – March 3, 2020 /MarketersMedia/

Increasing popularity of industrial automation, demand for mass production and connected supply chain, and growing demand for fast-moving consumer goods (FMCG) are the factors driving the market growth. However, lack of awareness about the benefits of manufacturing execution system may hinder the market growth.

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Manufacturing execution systems (MES) are computerized systems that join, monitor and control compound manufacturing systems and data flows on the industrial unit. It ensures that quality and efficiency are built into the manufacturing process and are proactively and systematically enforced. It provides many long and short-term benefits as well as strategic and tactical benefits.

By offering, the services segment is likely to have a huge demand as the main functioning of manufacturing execution systems is greatly dependent on the post-implementation process. The key manufacturing execution systems processes are executed during and after implementation, as the implementation process.

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Based on geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the increasing industrialization and urbanization in the region. Moreover, the availability of cheap labor and low manufacturing cost, persuade manufacturers to invest in this region.

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Deployments Covered:
• Hybrid Deployment
• On-demand Deployment
• On-premises Deployment

Enterprise Sizes Covered:
• Large Enterprises
• Small and Medium Enterprises

Offerings Covered:
• Services
• Software

Functions Covered:
• Data Collection and Acquisition
• Document Control
• Product Tracking & Status
• Quality Analysis
• Performance Analysis
• Resource Allocation & Dispatch
• Inventory Management
• Overall Equipment Effectiveness
• Labour Management
• Scheduling

End Users Covered:
• Discrete Industries
• Process Industries

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-manufacturing-execution-system-market-is-expected-to-reach-3818-billion-by-2027-growing-at-a-cagr-163-during-2018-to-2027/88948600

Source: MarketersMedia

Release ID: 88948600

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