Latest News- Manufacturing Execution Systems Market: Discrete industries is expected to lead the End-user segment during 2025-2029

The Manufacturing Execution Systems Market is being driven by Rising globalization and supply chain integration

The Manufacturing Execution Systems Market is expected to grow at a CAGR of 16.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 20166.5 million. Manufacturing Execution Systems (MES) are transforming factory operations by integrating Internet of Things (IoT) functionality. Real-time monitoring throughout the manufacturing process is facilitated, enabling enterprises to manage and control integrated manufacturing systems effectively. IoT technology, implemented through MES, collects and visualizes data previously entered manually, such as manufacturing performance and inventory status, in real time using sensing technology and beacons. This leads to improved operational efficiency, enhanced decision-making capabilities, and the ability to address operational slowdowns and identify bottlenecks promptly. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Discrete industries
  • Process industries
• Deployment
  • Hybrid
  • On-premises
  • Cloud-based
• Application
  • Retail&E-commerce
  • Healthcare
  • Automotive
  • Transportation&Logistics
  • Food&Beverages
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising globalization and supply chain integration
• Shift toward paperless manufacturing automation
• Rising demand for predictive analytics and maintenance of industries

However, the market also witnesses some limitations, which are as follows:

• High upfront initial investment and complex installation procedure of MES
• Growing threat of cyberattacks
• Complexity in customization and configuration of MES systems

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Market Scope in Manufacturing Execution Systems Market Research Report

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Research Analysis Overview

Manufacturing Execution Systems (MES) are automated solutions that enhance industrial automation in production processes, boosting operational efficiency and resource utilization in various sectors, including automotive. MES integrates technology such as robotics, IoT, and ERP, ensuring data resilience and visibility for scheduling, quality control, and productivity. MES deployment types and financial figures indicate global expansion, with financial gains expected in the coming years. Meanwhile, the Smart Lighting Market focuses on energy-efficient LED technology, offering smart lighting solutions through connected lighting, voice-controlled lights, Wi-Fi, and Bluetooth. These systems provide sustainable lighting options, including smart lighting apps and ambient lighting, contributing to home automation and smart city initiatives.

Market Research Overview

Manufacturing Execution Systems (MES) is a segment of the broader Industrial Automation market, which falls under the IT software super sector. MES solutions enhance operational efficiency by integrating automation technologies such as robotics, Internet of Things (IoT), and Enterprise Resource Planning (ERP) systems. These solutions ensure data resilience and support on-premises deployment. The global MES market size is determined by the consolidated revenue of companies offering these advanced systems, which include automation, data management, and IT management software solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/