NEW YORK, Oct. 27, 2021 /PRNewswire/ -- Technavio's latest
offering, Manufacturing Execution Systems (MES) Market report
provides a detailed analysis on the competitive scenario, the pre-
and post-COVID-19 impact on businesses, and the market growth
across various regions.
The manufacturing execution systems (MES) market value is
anticipated to grow by USD 29.42
billion, progressing at a CAGR of almost 20% during the
forecast period.
Market Dynamics
Factors such as continued demand for automation in industrial
sectors and shift toward paperless manufacturing automation will
drive the growth of the Manufacturing Execution Systems (MES)
Market during 2021-2025. However, high upfront initial investment
and complex installation procedures might hamper the market
growth.
The compliance with stringent government regulations is expected
to open multiple growth opportunities for players in the market.
But the integration issues with control-based manufacturing
execution systems (MES) might impact the business of vendors during
the forecast period.
Company Profiles
The manufacturing execution systems (MES) market report includes
information on the product launches, sustainability, and prospects
of leading vendors including ABB Ltd., Dassault Systemes SE,
Emerson Electric Co., General Electric Co., Honeywell International
Inc., Oracle Corp., Rockwell Automation Inc., Schneider Electric
SE, Siemens AG, and Yokogawa Electric Corp.
Competitive Analysis
The manufacturing execution systems (MES) market report
includes the competitive analysis, which analyzes and
evaluates the position of companies based on their industry
position score and market performance score. Some of
the factors considered for analysis are financial performance
over the last 3 years, growth strategies, innovation score, new
product launches, investments, growth in market share, etc.
Market Segmentation
- By End-user, the market is classified into discrete industries
and process industries. The market demand from discrete
industries was significant in 2020.
- By Geography, the market is analyzed across APAC, North America, Europe, MEA, and South America. APAC will have the largest
share of the market.
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Manufacturing
Execution Systems (MES) Market Scope
|
Report
Coverage
|
Details
|
Page
number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Accelerate at a CAGR
of almost 20%
|
Market growth
2021-2025
|
USD 29.42
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
27.97
|
Regional
analysis
|
APAC, North America,
Europe, MEA, and South America
|
Performing market
contribution
|
APAC at
34%
|
Key consumer
countries
|
US, China, Germany,
Japan, Canada, and France
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
ABB Ltd., Dassault
Systemes SE, Emerson Electric Co., General Electric Co., Honeywell
International Inc., Oracle Corp., Rockwell Automation Inc.,
Schneider Electric SE, Siemens AG, and Yokogawa Electric
Corp.
|
Market
Dynamics
|
Parent market
analysis, Market growth inducers and obstacles, Fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for the forecast
period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Us
Technavio is a leading global technology
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markets and assess their competitive positions within changing
market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio