Manufacturing Execution Systems Market size is set to cross USD 33.50 Billion by the end of 2035, witnessing around 11% CAGR during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of manufacturing execution systems was USD 13 Billion. The reason behind the growth is owing to the growing popularity of industrial automation in process and discrete sectors. For instance, MES enables a variety of processes, including, large-volume automated data collecting, and is utilized in a variety of discrete industries, such as semiconductors, electronics, medical devices, automotive, and others. It is a piece of software that automates process planning, which is employed to increase manufacturing efficiency and lower costs.
The rising usage of manufacturing execution systems in the pharmaceutical sector is believed to fuel market growth. For instance, a pharmaceutical manufacturing execution system replaces paper-based procedures, which are too slow and prone to errors, assists pharmaceutical producers, cutting down on risks and time, and allows them to perform better and spend less money on operations.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~11% |
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Base Year Market Size (2022) |
~ USD 13 Billion |
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Forecast Year Market Size (2035) |
~ USD 33.50 Billion |
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Regional Scope |
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Deployment Mode (On-premise, On-Cloud, Hybrid)
The hybrid segment in the manufacturing execution systems market is estimated to gain a robust revenue share of 43% in the coming years. The segment growth can be attributed to the growing oil & gas sector. As the industry is expanding the demand for real-time data is also expected to rise in the sector since the industry often operates in challenging environments. For instance, long-term planning, connectivity solutions, and short-term operations schedules are supported by MES in the oil and gas industry.
End-Use (Automotive, Pharmaceutical, Food & Beverages, Aerospace & Defense)
Manufacturing execution systems market from the pharmaceutical segment is set to garner a notable share shortly. The growth of the segment is driven by the rising pharmaceutical sector. It is expected that owing to the rising pharmaceutical industry the demand for MES is also expected to rise since it gives the pharmaceutical industry considerable manufacturing cost reductions and improved regulatory compliance by providing tools for documentation. Also, it offers the functionality to link patient-related data with the production environment since MES solutions are only focused on the manufacture of medications inside the facility. Besides this, MES may enhance business procedures in the production supply chain, and enhance product quality. According to estimates, by 2030, it is anticipated that the Indian pharmaceutical industry's overall market will be worth over USD 125 billion.
Our in-depth analysis of the global sector includes the following segments:
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Offering |
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Deployment Mode |
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Application |
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End-use Industry |
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North America Market Statistics
The manufacturing execution systems market in North America is predicted to account for the largest share of 33 % by the end of 2035. The market growth in the region is impelled by the existence of major key players in MES. For instance, the presence of major key players in the region results in growing investment in research & development to develop advanced MES solutions to meet the different needs of different industries. Therefore, MES is increasingly in demand in the North American region and is widely adopted by large & small enterprises.
Asia Pacific Market Forecast
The Asia Pacific manufacturing execution systems market is estimated to be the second largest, during the forecast timeframe. The growth of the market can be led by rising industrial activities in the region. For instance, manufacturing activities are on the rise owing to rapid industrialization in nations such as China and India, which is expected to increase the demand for MES. For instance, a manufacturing execution system is a comprehensive software program that maximizes the effectiveness of manufacturing processes and gathers data about product performance, traceability, work-in-progress (WIP), and other plant activities. This data is used by decision-makers to streamline the manufacturing process and automate workflows. According to recent data, in 2023, India's industrial production increased by over 1% annually.
Author Credits: Radhika Gupta, Shivam Bhutani
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