The Manufacturing Execution System (MES) Market is anticipated to develop at a CAGR of 9.31% from 2023 to 2030, from a value of USD 12.86 billion in 2022 to USD 26.21 billion in 2030.
The growth of the manufacturing execution system (MES) market is primarily driven by the increasing use of industrial automation in process industries and the low deployment costs. Moreover, the demand for MES has steadily risen in industries such as power, food, beverage, and water and wastewater treatment. This is due to the need for real-time data monitoring, improved data visibility, and efficient management of off-site development operations.
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Furthermore, the adoption of Internet of Things (IoT) technology in manufacturing industries has also contributed to the expansion of the MES market. IoT enables seamless connectivity and communication between industrial equipment, providing industries with enhanced flexibility and superior performance. As a result, the prospects for the global manufacturing execution system market are expected to be positively influenced by the widespread adoption of IoT technology.
Drivers
Rising demand from the pulp and paper industry, as well as the increasing focus on manufacturing design development and the need to achieve production efficiency that drives the market.
Requirement for Mass Production and Connected Supply Chain to Serve Growing Population
The demand for a connected supply chain in the manufacturing industry is a crucial factor driving the growth of the Manufacturing Execution Systems (MES) market. Efficient information flow throughout the factory plays a vital role in enabling streamlined production activities. Manufacturers can utilize Internet of Things (IoT) systems to track the location, monitor inventory, and report on products as they pass through the supply chain process. Connected manufacturing solutions facilitate the seamless flow of information across the entire supply chain, enabling companies to swiftly adapt to changing market conditions. Real-time information empowers manufacturers to reduce inventory costs, identify potential risks, and align production with market demands. The global increase in manufacturing activities, particularly for mass production, coupled with the pursuit of quality improvement, has created a pressing need for advanced tools and software systems. This demand can be met through the implementation of cutting-edge production systems and methods offered by manufacturing execution systems.
Restrains
The requirement for significant capital investments and the costs associated with upgrading and maintaining are crucial factors to consider.
Opportunities
opportunities for market expansion due to the growing demand for advanced automation in manufacturing.
Widespread adoption of Internet of Things (IoT) technology across various industrial sectors. This technology revolutionizes automation in the market, paving the way for enhanced productivity and efficiency.
The expanding role of manufacturing execution systems in promoting energy efficiency and sustainable production
Manufacturing execution systems (MES) are increasingly being adopted by both large corporations and small and medium-sized enterprises (SMEs) to optimize their manufacturing processes. These systems possess the remarkable ability to boost production, cut costs, enhance quality, and facilitate real-time product tracking and data collection. Consequently, they play a pivotal role in improving production efficiency, thereby driving the adoption of MES as a means to maximize profits. Moreover, the implementation of MES also yields significant reductions in energy consumption and waste throughout the manufacturing process.
Challenges
Challenges in the Implementation of Manufacturing Execution Systems (MES) across Diverse Industries
Geopolitical tensions and conflicts can create economic uncertainty, which can impact businesses' investment decisions. Companies might delay or reduce their MES implementations or upgrades due to concerns about the stability of the market. Currency fluctuations in the wake of geopolitical events can affect the cost of MES systems, especially if vendors and customers operate in different currencies. Exchange rate volatility can make MES solutions more expensive for international buyers. The Russia-Ukraine conflict can particularly affect the Eastern European market, where many manufacturers use MES systems. Instability in this region may lead to reduced investments in manufacturing technology, including MES. During times of conflict, there is often an increased risk of cyberattacks, including those targeting critical infrastructure and manufacturing facilities. MES systems are essential for managing and monitoring production processes, making them potential targets for cyber threats. Governments may introduce new regulations or trade restrictions in response to geopolitical events, which can impact the export and import of MES-related technologies and components. Some MES providers may benefit from increased demand in the defense and aerospace manufacturing sectors, which often see heightened activity during conflicts. These industries may require advanced MES solutions for their specialized manufacturing processes.
Impact of Recession
During a recession, many manufacturing companies may cut back on capital expenditures, including investments in MES software. Companies might delay or scale down MES implementation projects to conserve cash, which can lead to a slowdown in MES adoption. A recession typically leads to reduced consumer spending and decreased demand for manufactured goods. This can result in lower production volumes for manufacturers, which, in turn, may decrease the immediate need for MES systems. Fewer new manufacturing projects and expansions can impact the MES market negatively. In a recession, manufacturers may be more price-sensitive. This could lead to increased price competition among MES vendors as companies try to secure contracts, potentially resulting in lower profit margins for MES providers. During a recession, manufacturers may shift their priorities toward cost-cutting and efficiency improvements. MES systems can play a crucial role in helping companies streamline operations and reduce costs, potentially increasing the demand for MES solutions that offer strong cost-saving features.
The impact of a recession on the MES market can vary by industry. Some industries, like healthcare or food production, maybe more recession-resistant, while others, like automotive or construction, may experience more significant downturns. This variation can influence the demand for MES systems within different sectors. Despite the immediate challenges posed by a recession, the MES market may continue to grow in the long term. As the economy recovers, manufacturing companies often invest in technology to enhance their competitiveness. MES systems can play a critical role in modernizing manufacturing operations, making them more efficient and agile.
By Offering
Software
Services
By Discrete Industry
Automotive
Aerospace
Medical devices
Consumer packaged goods
Others
By Deployment Type
On-premises
On-demand
Hybrid
By Process Industry
Food & Beverages
Oil & Gas
Chemicals
Pulp & Paper
Pharmaceuticals & Life Sciences
Energy & Power
Water & Wastewater Management
Others
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North America dominated the market in 2021 and is expected to maintain its leading position throughout the forecast period. This can be attributed to the presence of major manufacturing execution systems vendors such as Honeywell International Inc., Oracle Corporation, Emerson, and Rockwell Automation. These companies have a strong financial position, allowing them to invest heavily in advanced solutions and technologies. This, in turn, is expected to drive market growth in the region. Moreover, the United States and Canada, both developed countries, have a high level of consumer awareness regarding new innovations and easy access to these systems, which will further contribute to the growth of the regional market in the coming years.
On the other hand, the Asia Pacific region is experiencing the highest growth rate during the forecast period. This can be attributed to the widespread adoption of advanced technologies, increasing demand from various industries, and rapid industrialization. China and India, in particular, are witnessing rapid development due to their significant investments in research and development activities. Furthermore, there is a growing awareness among industries in the region about the benefits of execution systems for manufacturing processes, which will drive market growth in the coming years.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The prominent market players are Accenture PLC, Rockwell Automation, Dassault Systemes, Honeywell International, Siemens AG, ABB Ltd, SAP, Aspen Technology, Inc., Emerson Electric, Aptean, Inc, General Electric Company, Applied Materials, Inc., Andea Solutions, Samsung Group of Companies., and others in the final report.
In May 2021, Siemens introduced Opcenter Execution Discrete 4.1, a cutting-edge software that offers advanced Manufacturing Execution System (MES) capabilities. This innovative solution seamlessly integrates regulatory and quality requirements, streamlines production processes for optimal supply-chain management, and delivers significant cost savings in maintenance and operations.
In November 2021, Rockwell Automation unveiled a state-of-the-art remote access solution. This comprehensive system boasts robust security features, including multi-factor authentication and encrypted protocols. With this remote access solution, Original Equipment Manufacturers (OEMs) can effectively meet both current and future remote support needs.
In April 2021, SAP collaborated with the TU Vienna Pilot Factory to implement the Digital Manufacturing Cloud (DMC) in their production and assembly lines. These lines were previously digitized by SAP using their cutting-edge SAP S4 and SAP ME technologies. This collaboration has resulted in enhanced efficiency and productivity in the manufacturing process.
| Report Attributes | Details |
| Market Size in 2022 | US$ 12.86 Bn |
| Market Size by 2030 | US$ 26.21 Bn |
| CAGR | CAGR of 9.31 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Offering (Software, Services) • By Discrete Industry (Automotive, Aerospace, Medical devices, Consumer packaged goods, Others) • By Deployment Type (On-premises, On-demand, Hybrid) • By Process Industry (Food & Beverages, Oil & Gas, Chemicals, Pulp & Paper, Pharmaceuticals & Life Sciences, Energy & Power, Water & Wastewater Management, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Accenture PLC, Rockwell Automation, Dassault Systemes, Honeywell International, Siemens AG, ABB Ltd, SAP, Aspen Technology, Inc., Emerson Electric, Aptean, Inc, General Electric Company, Applied Materials, Inc., Andea Solutions, Samsung Group of Companies. |
| Key Drivers | • Rising demand from the pulp and paper industry, as well as the increasing focus on manufacturing design development and the need to achieve production efficiency that drives the market. • Requirement for Mass Production and Connected Supply Chain to Serve Growing Population |
| Market Restraints | • The requirement for significant capital investments and the costs associated with upgrading and maintaining are crucial factors to consider. |
The CAGR of the Manufacturing Execution System (MES) Market for the forecast period 2022-2030 is 9.31%.
The market is expected to grow to USD 26.21 billion by the forecast period of 2030.
North America region dominates the Manufacturing Execution System (MES) Market.
The market is expected to grow to USD 26.21 billion by the forecast period of 2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Manufacturing Execution System (MES) Market Segmentation, By Offering
8.1 Software
8.2 Services
9. Manufacturing Execution System (MES) Market Segmentation, By Discrete Industry
9.1 Automotive
9.2 Aerospace
9.3 Medical devices
9.4 Consumer packaged goods
9.5 Others
10. Manufacturing Execution System (MES) Market Segmentation, By Deployment Type
10.1 On-premises
10.2 On-demand
10.3 Hybrid
11. Manufacturing Execution System (MES) Market Segmentation, By Process Industry
11.1 Food & Beverages
11.2 Oil & Gas
11.3 Chemicals
11.4 Pulp & Paper
11.5 Pharmaceuticals & Life Sciences
11.6 Energy & Power
11.7 Water & Wastewater Management
11.8 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Manufacturing Execution System (MES) Market By Country
12.2.2 North America Manufacturing Execution System (MES) Market By Offering
12.2.3 North America Manufacturing Execution System (MES) Market By Discrete Industry
12.2.4 North America Manufacturing Execution System (MES) Market By Deployment Type
12.2.5 North America Manufacturing Execution System (MES) Market By Process Industry
12.2.6 USA
12.2.6.1 USA Manufacturing Execution System (MES) Market By Offering
12.2.6.2 USA Manufacturing Execution System (MES) Market By Discrete Industry
12.2.6.3 USA Manufacturing Execution System (MES) Market By Deployment Type
12.2.6.4 USA Manufacturing Execution System (MES) Market By Process Industry
12.2.7 Canada
12.2.7.1 Canada Manufacturing Execution System (MES) Market By Offering
12.2.7.2 Canada Manufacturing Execution System (MES) Market By Discrete Industry
12.2.7.3 Canada Manufacturing Execution System (MES) Market By Deployment Type
12.2.7.4 Canada Manufacturing Execution System (MES) Market By Process Industry
12.2.8 Mexico
12.2.8.1 Mexico Manufacturing Execution System (MES) Market By Offering
12.2.8.2 Mexico Manufacturing Execution System (MES) Market By Discrete Industry
12.2.8.3 Mexico Manufacturing Execution System (MES) Market By Deployment Type
12.2.8.4 Mexico Manufacturing Execution System (MES) Market By Process Industry
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Manufacturing Execution System (MES) Market By Country
12.3.1.2 Eastern Europe Manufacturing Execution System (MES) Market By Offering
12.3.1.3 Eastern Europe Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.4 Eastern Europe Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.5 Eastern Europe Manufacturing Execution System (MES) Market By Process Industry
12.3.1.6 Poland
12.3.1.6.1 Poland Manufacturing Execution System (MES) Market By Offering
12.3.1.6.2 Poland Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.6.3 Poland Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.6.4 Poland Manufacturing Execution System (MES) Market By Process Industry
12.3.1.7 Romania
12.3.1.7.1 Romania Manufacturing Execution System (MES) Market By Offering
12.3.1.7.2 Romania Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.7.3 Romania Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.7.4 Romania Manufacturing Execution System (MES) Market By Process Industry
12.3.1.8 Hungary
12.3.1.8.1 Hungary Manufacturing Execution System (MES) Market By Offering
12.3.1.8.2 Hungary Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.8.3 Hungary Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.8.4 Hungary Manufacturing Execution System (MES) Market By Process Industry
12.3.1.9 Turkey
12.3.1.9.1 Turkey Manufacturing Execution System (MES) Market By Offering
12.3.1.9.2 Turkey Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.9.3 Turkey Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.9.4 Turkey Manufacturing Execution System (MES) Market By Process Industry
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Manufacturing Execution System (MES) Market By Offering
12.3.1.10.2 Rest of Eastern Europe Manufacturing Execution System (MES) Market By Discrete Industry
12.3.1.10.3 Rest of Eastern Europe Manufacturing Execution System (MES) Market By Deployment Type
12.3.1.10.4 Rest of Eastern Europe Manufacturing Execution System (MES) Market By Process Industry
12.3.2 Western Europe
12.3.2.1 Western Europe Manufacturing Execution System (MES) Market By Country
12.3.2.2 Western Europe Manufacturing Execution System (MES) Market By Offering
12.3.2.3 Western Europe Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.4 Western Europe Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.5 Western Europe Manufacturing Execution System (MES) Market By Process Industry
12.3.2.6 Germany
12.3.2.6.1 Germany Manufacturing Execution System (MES) Market By Offering
12.3.2.6.2 Germany Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.6.3 Germany Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.6.4 Germany Manufacturing Execution System (MES) Market By Process Industry
12.3.2.7 France
12.3.2.7.1 France Manufacturing Execution System (MES) Market By Offering
12.3.2.7.2 France Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.7.3 France Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.7.4 France Manufacturing Execution System (MES) Market By Process Industry
12.3.2.8 UK
12.3.2.8.1 UK Manufacturing Execution System (MES) Market By Offering
12.3.2.8.2 UK Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.8.3 UK Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.8.4 UK Manufacturing Execution System (MES) Market By Process Industry
12.3.2.9 Italy
12.3.2.9.1 Italy Manufacturing Execution System (MES) Market By Offering
12.3.2.9.2 Italy Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.9.3 Italy Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.9.4 Italy Manufacturing Execution System (MES) Market By Process Industry
12.3.2.10 Spain
12.3.2.10.1 Spain Manufacturing Execution System (MES) Market By Offering
12.3.2.10.2 Spain Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.10.3 Spain Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.10.4 Spain Manufacturing Execution System (MES) Market By Process Industry
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Manufacturing Execution System (MES) Market By Offering
12.3.2.11.2 Netherlands Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.11.3 Netherlands Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.11.4 Netherlands Manufacturing Execution System (MES) Market By Process Industry
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Manufacturing Execution System (MES) Market By Offering
12.3.2.12.2 Switzerland Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.12.3 Switzerland Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.12.4 Switzerland Manufacturing Execution System (MES) Market By Process Industry
12.3.2.13 Austria
12.3.2.13.1 Austria Manufacturing Execution System (MES) Market By Offering
12.3.2.13.2 Austria Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.13.3 Austria Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.13.4 Austria Manufacturing Execution System (MES) Market By Process Industry
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Manufacturing Execution System (MES) Market By Offering
12.3.2.14.2 Rest of Western Europe Manufacturing Execution System (MES) Market By Discrete Industry
12.3.2.14.3 Rest of Western Europe Manufacturing Execution System (MES) Market By Deployment Type
12.3.2.14.4 Rest of Western Europe Manufacturing Execution System (MES) Market By Process Industry
12.4 Asia-Pacific
12.4.1 Asia Pacific Manufacturing Execution System (MES) Market By Country
12.4.2 Asia Pacific Manufacturing Execution System (MES) Market By Offering
12.4.3 Asia Pacific Manufacturing Execution System (MES) Market By Discrete Industry
12.4.4 Asia Pacific Manufacturing Execution System (MES) Market By Deployment Type
12.4.5 Asia Pacific Manufacturing Execution System (MES) Market By Process Industry
12.4.6 China
12.4.6.1 China Manufacturing Execution System (MES) Market By Offering
12.4.6.2 China Manufacturing Execution System (MES) Market By Discrete Industry
12.4.6.3 China Manufacturing Execution System (MES) Market By Deployment Type
12.4.6.4 China Manufacturing Execution System (MES) Market By Process Industry
12.4.7 India
12.4.7.1 India Manufacturing Execution System (MES) Market By Offering
12.4.7.2 India Manufacturing Execution System (MES) Market By Discrete Industry
12.4.7.3 India Manufacturing Execution System (MES) Market By Deployment Type
12.4.7.4 India Manufacturing Execution System (MES) Market By Process Industry
12.4.8 Japan
12.4.8.1 Japan Manufacturing Execution System (MES) Market By Offering
12.4.8.2 Japan Manufacturing Execution System (MES) Market By Discrete Industry
12.4.8.3 Japan Manufacturing Execution System (MES) Market By Deployment Type
12.4.8.4 Japan Manufacturing Execution System (MES) Market By Process Industry
12.4.9 South Korea
12.4.9.1 South Korea Manufacturing Execution System (MES) Market By Offering
12.4.9.2 South Korea Manufacturing Execution System (MES) Market By Discrete Industry
12.4.9.3 South Korea Manufacturing Execution System (MES) Market By Deployment Type
12.4.9.4 South Korea Manufacturing Execution System (MES) Market By Process Industry
12.4.10 Vietnam
12.4.10.1 Vietnam Manufacturing Execution System (MES) Market By Offering
12.4.10.2 Vietnam Manufacturing Execution System (MES) Market By Discrete Industry
12.4.10.3 Vietnam Manufacturing Execution System (MES) Market By Deployment Type
12.4.10.4 Vietnam Manufacturing Execution System (MES) Market By Process Industry
12.4.11 Singapore
12.4.11.1 Singapore Manufacturing Execution System (MES) Market By Offering
12.4.11.2 Singapore Manufacturing Execution System (MES) Market By Discrete Industry
12.4.11.3 Singapore Manufacturing Execution System (MES) Market By Deployment Type
12.4.11.4 Singapore Manufacturing Execution System (MES) Market By Process Industry
12.4.12 Australia
12.4.12.1 Australia Manufacturing Execution System (MES) Market By Offering
12.4.12.2 Australia Manufacturing Execution System (MES) Market By Discrete Industry
12.4.12.3 Australia Manufacturing Execution System (MES) Market By Deployment Type
12.4.12.4 Australia Manufacturing Execution System (MES) Market By Process Industry
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Manufacturing Execution System (MES) Market By Offering
12.4.13.2 Rest of Asia-Pacific Manufacturing Execution System (MES) Market By Discrete Industry
12.4.13.3 Rest of Asia-Pacific Manufacturing Execution System (MES) Market By Deployment Type
12.4.13.4 Rest of Asia-Pacific Manufacturing Execution System (MES) Market By Process Industry
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Manufacturing Execution System (MES) Market By Country
12.5.1.2 Middle East Manufacturing Execution System (MES) Market By Offering
12.5.1.3 Middle East Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.4 Middle East Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.5 Middle East Manufacturing Execution System (MES) Market By Process Industry
12.5.1.6 UAE
12.5.1.6.1 UAE Manufacturing Execution System (MES) Market By Offering
12.5.1.6.2 UAE Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.6.3 UAE Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.6.4 UAE Manufacturing Execution System (MES) Market By Process Industry
12.5.1.7 Egypt
12.5.1.7.1 Egypt Manufacturing Execution System (MES) Market By Offering
12.5.1.7.2 Egypt Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.7.3 Egypt Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.7.4 Egypt Manufacturing Execution System (MES) Market By Process Industry
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Manufacturing Execution System (MES) Market By Offering
12.5.1.8.2 Saudi Arabia Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.8.3 Saudi Arabia Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.8.4 Saudi Arabia Manufacturing Execution System (MES) Market By Process Industry
12.5.1.9 Qatar
12.5.1.9.1 Qatar Manufacturing Execution System (MES) Market By Offering
12.5.1.9.2 Qatar Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.9.3 Qatar Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.9.4 Qatar Manufacturing Execution System (MES) Market By Process Industry
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Manufacturing Execution System (MES) Market By Offering
12.5.1.10.2 Rest of Middle East Manufacturing Execution System (MES) Market By Discrete Industry
12.5.1.10.3 Rest of Middle East Manufacturing Execution System (MES) Market By Deployment Type
12.5.1.10.4 Rest of Middle East Manufacturing Execution System (MES) Market By Process Industry
12.5.2. Africa
12.5.2.1 Africa Manufacturing Execution System (MES) Market By Country
12.5.2.2 Africa Manufacturing Execution System (MES) Market By Offering
12.5.2.3 Africa Manufacturing Execution System (MES) Market By Discrete Industry
12.5.2.4 Africa Manufacturing Execution System (MES) Market By Deployment Type
12.5.2.5 Africa Manufacturing Execution System (MES) Market By Process Industry
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Manufacturing Execution System (MES) Market By Offering
12.5.2.6.2 Nigeria Manufacturing Execution System (MES) Market By Discrete Industry
12.5.2.6.3 Nigeria Manufacturing Execution System (MES) Market By Deployment Type
12.5.2.6.4 Nigeria Manufacturing Execution System (MES) Market By Process Industry
12.5.2.7 South Africa
12.5.2.7.1 South Africa Manufacturing Execution System (MES) Market By Offering
12.5.2.7.2 South Africa Manufacturing Execution System (MES) Market By Discrete Industry
12.5.2.7.3 South Africa Manufacturing Execution System (MES) Market By Deployment Type
12.5.2.7.4 South Africa Manufacturing Execution System (MES) Market By Process Industry
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Manufacturing Execution System (MES) Market By Offering
12.5.2.8.2 Rest of Africa Manufacturing Execution System (MES) Market By Discrete Industry
12.5.2.8.3 Rest of Africa Manufacturing Execution System (MES) Market By Deployment Type
12.5.2.8.4 Rest of Africa Manufacturing Execution System (MES) Market By Process Industry
12.6. Latin America
12.6.1 Latin America Manufacturing Execution System (MES) Market By Country
12.6.2 Latin America Manufacturing Execution System (MES) Market By Offering
12.6.3 Latin America Manufacturing Execution System (MES) Market By Discrete Industry
12.6.4 Latin America Manufacturing Execution System (MES) Market By Deployment Type
12.6.5 Latin America Manufacturing Execution System (MES) Market By Process Industry
12.6.6 Brazil
12.6.6.1 Brazil Manufacturing Execution System (MES) Market By Offering
12.6.6.2 Brazil Manufacturing Execution System (MES) Market By Discrete Industry
12.6.6.3 Brazil Manufacturing Execution System (MES) Market By Deployment Type
12.6.6.4 Brazil Manufacturing Execution System (MES) Market By Process Industry
12.6.7 Argentina
12.6.7.1 Argentina Manufacturing Execution System (MES) Market By Offering
12.6.7.2 Argentina Manufacturing Execution System (MES) Market By Discrete Industry
12.6.7.3 Argentina Manufacturing Execution System (MES) Market By Deployment Type
12.6.7.4 Argentina Manufacturing Execution System (MES) Market By Process Industry
12.6.8 Colombia
12.6.8.1 Colombia Manufacturing Execution System (MES) Market By Offering
12.6.8.2 Colombia Manufacturing Execution System (MES) Market By Discrete Industry
12.6.8.3 Colombia Manufacturing Execution System (MES) Market By Deployment Type
12.6.8.4 Colombia Manufacturing Execution System (MES) Market By Process Industry
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Manufacturing Execution System (MES) Market By Offering
12.6.9.2 Rest of Latin America Manufacturing Execution System (MES) Market By Discrete Industry
12.6.9.3 Rest of Latin America Manufacturing Execution System (MES) Market By Deployment Type
12.6.9.4 Rest of Latin America Manufacturing Execution System (MES) Market By Process Industry
13 Company Profile
13.1 Accenture PLC
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Rockwell Automation.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Dassault Systemes.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Honeywell International.
13.4.1 Company Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Siemens AG.
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 ABB Ltd.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 SAP.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Aspen Technology, Inc.
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Emerson Electric.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 General Electric Company.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Contract Lifecycle Management (CLM) software Market Size was valued at USD 1.72 Billion in 2023 and is expected to reach USD 4.58 Billion by 2031 and grow at a CAGR of 12.85 % over the forecast period 2024-2031.
The Workforce Analytics Market size was valued at USD 2.34 billion in 2022 and is projected to reach USD 6.91 billion in 2030 with a growing CAGR of 14.51% Over the Forecast Period of 2023-2030.
The Prescriptive analytics market size was valued at USD 7.57 Billion in 2023 and is expected to reach USD 43.14 Billion by 2031 and grow at a CAGR of 24.3% over the forecast period 2024-2031.
The Mobile Edge Computing (MEC) Market size was valued at USD 340.2 million in 2022 and is expected to grow to USD 3332.7 million by 2030 and grow at a CAGR of 33.01% over the forecast period of 2023-2030.
The Pipeline Safety Market size was USD 10.3 Billion in 2023 and is expected to Reach USD 21.9 Billion by 2031 and grow at a CAGR of 9.9 % over the forecast period of 2024-2031.
The Smart Port Market size was valued at USD 2.08 billion in 2022 and is expected to grow to USD 11.70 billion By 2030 and grow at a CAGR of 24.1 % over the forecast period of 2023-2030.
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