27 April 2021
The new report the Manufacturing Execution System Market Report to 2031: Forecasts by Function (Quality Analysis, Document Control, Inventory Management, Production Tracking, Production Performance Analysis, Resource Allocation, and Others), Industry (Automotive, Electronics, Aerospace & Defense, Oil and Gas, Food & Beverages, Chemical, Power & Energy, and Others), by Region, Country and Profiles of Leading Companies indicates that the Global Manufacturing Execution System Market will see $ XX bn in spending in 2020.
The lead analyst of the report said: "The Manufacturing Execution System Market is about to enter a period of phenomenal growth and innovation. The next ten years will see the upsurge demand of the manufacturing execution system."
Manufacturing execution systems are implemented based on cloud-based applications, where they are integrated with several other systems such as EMS, VMS, and AGV. Combining many systems and solutions helps manufacturing companies reap the benefits of different solutions in one process and yield better results. Additionally, it also ensures that the strict regulations related to traceability and documentation of products can be managed efficiently and effectively without interruption. These factors are expected to create opportunities for manufacturers in the manufacturing execution system market during the forecast period.
The manufacturers provide services such as opportunity assessment, solution migration and enhancement, product evaluation, MES application configuration, business analysis, selection services, customization, and multi-level support services. The need for connected supply chain and mass production to cater to the demand from growing population, rising industrial automation adoption in process & discrete industries, growing regulatory compliance, low deployment cost, and fiscal schemes executed by regional financial agencies to preserve manufacturing facilities floating among COVID-19 pandemic, which fuel the market's growth in the coming years.
The incorporation of the manufacturing execution system is directly proportional to manufacturing activities, and it is expected to witness significantly affected by COVID-19. Also, it is estimated that it will lead to a lower year-on-year growth rate in the global market for 2020 as compared with 2019.
The XX page report contains 131 tables and 233 graphs that add visual analysis in order to explain developing trends within the manufacturing execution system market. The report provides $ xx bn forecasts during the forecast period 2021-2031 for the manufacturing execution system submarkets, namely by function, i.e., quality analysis, document control, inventory management, production tracking, production performance analysis, resource allocation, and others.
The XX page report offers market forecasts and analysis for 24 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies' chapter covering more than 15 companies leading the field in the manufacturing execution system.
The global manufacturing execution system market 2021-2031 report will be of value to anyone who wants to understand better the manufacturing execution system market and its various segments. It will be useful for businesses who wish to comprehend the part of the market better they are already involved in, or those wishing to enter or expand into a different regional or technical aspect of the manufacturing execution system industry.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to firstname.lastname@example.org or call her on +44 (0) 20 7549 9987.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Factors such as massive need for automatic labelling machine in food & beverages industry and surge in demand for automated packaging solutions are some of the major factors propelling the market growth.
13 May 2021
Surge in the need of accuracy & faster to reduce human efforts and increased awareness towards automated truck loading system for optimization of the logistics supply are some of the major factors driving the market growth.
13 May 2021
Increased focus towards quality improvement along with end-to-end testing solutions and surge in adoption of System on Chip (SoC) is expected to boost the market growth.
13 May 2021
Benefits such as less consumption of power, better color mixing & lighting effect, and lower environmental hazards are propelling the growth of chip-on-board LED in the market.