Product Code: r17398
A contemporary manufacturing execution system (MES) is a software-driven solution designed to oversee, monitor, and regulate manufacturing activities in real-time. Positioned at the forefront of the Industry 4.0 paradigm, this system facilitates data-centric decision-making, enhances productivity, reduces expenses, and facilitates the digital metamorphosis of manufacturing workflows. In today's industrial environment, the modern MES is indispensable for enterprises striving to augment operational visibility, optimize production processes, and adapt to the dynamic demands of the sector.
The primary components of the modern Manufacturing Execution System (MES) consist of software and services. Software encompasses the suite of programs and applications responsible for controlling and harnessing hardware capabilities, facilitating a range of computing functions and tasks. These software solutions can be deployed in diverse modes, including on-premise, cloud-based, and hybrid setups, catering to a multitude of applications across industries such as fast-moving consumer goods (FMCG), medical, automotive, electronics, aerospace and defense, among others.
The modern manufacturing execution system market research report is one of a series of new reports from The Business Research Company that provides modern manufacturing execution system market statistics, including modern manufacturing execution system industry global market size, regional shares, competitors with a modern manufacturing execution system market share, detailed modern manufacturing execution system market segments, market trends and opportunities, and any further data you may need to thrive in the modern manufacturing execution system industry. This modern manufacturing execution system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The modern manufacturing execution system market size has grown rapidly in recent years. It will grow from $16.95 billion in 2023 to $19.68 billion in 2024 at a compound annual growth rate (CAGR) of 16.1%. The growth witnessed in the historic period can be attributed to several factors, including regulatory compliance requirements, the imperative for operational efficiency, the growing demand for real-time visibility into manufacturing processes, the integration of Manufacturing Execution Systems (MES) with enterprise systems, and the escalating complexity of manufacturing operations. These factors collectively drove the adoption and expansion of MES solutions during this period.
The modern manufacturing execution system market size is expected to see rapid growth in the next few years. It will grow to $38.08 billion in 2028 at a compound annual growth rate (CAGR) of 16.4%. The projected growth is driven by the widespread uptake of Industry 4.0 technologies, a transition towards cloud-centric solutions, prioritization of predictive maintenance, rising intricacies in manufacturing processes, and a heightened focus on sustainable and eco-friendly manufacturing practices. Key trends anticipated in the forecast period encompass swift integration of cloud solutions, alignment with emerging technologies, heightened emphasis on data analytics and predictive analytics, broader adoption of Manufacturing Execution Systems (MES) among small and medium-sized enterprises (SMEs), and strengthened interoperability and connectivity across systems.
The anticipated rise in the adoption of cloud-based solutions is set to drive the growth of the modern manufacturing execution system (MES) market. Cloud-based solutions, which encompass software, platforms, or infrastructure services accessed over the internet, are gaining traction due to their scalability, flexibility, accessibility, and cost-effectiveness. Within the manufacturing sector, cloud-based MES solutions empower manufacturers with real-time production data access, multi-location collaboration, and efficient scalability through remote servers and internet-based services. For example, Eurostat reported a notable increase in cloud computing adoption across European businesses in 2023, with 45.2% of EU businesses acquiring cloud services, representing a 4.2% rise from 2021. This trend, including the increased adoption among medium-sized and small enterprises, underscores the pivotal role of cloud-based solutions in driving modern MES market expansion.
Key players in the modern manufacturing execution system market are strategically focusing on product innovation, particularly in Manufacturing Execution System (MES) software development, to enhance competitiveness. MES software, a computerized system integral to manufacturing industries for real-time production process tracking and management, is undergoing significant advancements to cater to evolving industry demands. For instance, in February 2023, AVEVA launched an updated version of its MES software tailored for data center deployments. This version, equipped with multi-site support, caters to data center operators by augmenting MES capabilities in monitoring, control, asset performance, and operations optimization. Digitizing and standardizing operational processes across manufacturing plants, MES software effectively manages inventory, production, and quality-related activities, ensuring cost-efficient production of high-quality products.
In October 2021, Infor completed the acquisition of Lighthouse Systems, a UK-based provider of manufacturing execution system (MES) software, for an undisclosed sum. This strategic move is poised to bolster Infor's solutions portfolio, enabling the integration of MES software with industry-specific enterprise resource planning (ERP) systems. With Lighthouse Systems' expertise, Infor aims to offer fully integrated MES solutions tailored for smart manufacturing environments, enhancing operational efficiency and agility across manufacturing processes.
Major companies operating in the modern manufacturing execution system market are Siemens AG, Accenture Plc, General Electric Company, Schneider Electric SE, Honeywell International Inc., SAP SE, ABB Ltd, Applied Materials Inc., Emerson Electric Co., Rockwell Automation Inc., Dassault Systemes, Krones AG, Epicor Software Corporation, Aptean Inc., MPDV Mikrolab GmbH, Plex Systems, Yokogawa Electric Corporation, Lighthouse Worldwide Solutions, Werum IT Solutions GmbH, Aegis Software, InfinityQS International, Tebis Technische Informationssysteme AG, Critical Manufacturing, FORCAM GmbH, ATS Global
North America was the largest region in the modern manufacturing execution system market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the modern manufacturing execution system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the modern manufacturing execution system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The modern manufacturing execution system market includes revenues earned by entities by providing services such as implementation services, integration services, and support and maintenance services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
- Including: 1) By Component: Software; Service
- 2) By Deployment: On-Premise; Cloud; Hybrid
- 3) By Application: Fast Moving Consumer Goods (FMCG); Medical; Automotive; Electronics; Aerospace And Defense
- Covering: Siemens AG; Accenture Plc; General Electric Company; Schneider Electric SE; Honeywell International Inc.
Table of Contents
1. Executive Summary
2. Modern Manufacturing Execution System Market Characteristics
3. Modern Manufacturing Execution System Market Trends And Strategies
4. Modern Manufacturing Execution System Market - Macro Economic Scenario
- 4.1. Impact Of High Inflation On The Market
- 4.2. Ukraine-Russia War Impact On The Market
- 4.3. COVID-19 Impact On The Market
5. Global Modern Manufacturing Execution System Market Size and Growth
- 5.1. Global Modern Manufacturing Execution System Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
- 5.2. Global Modern Manufacturing Execution System Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
- 5.3. Global Modern Manufacturing Execution System Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Modern Manufacturing Execution System Market Segmentation
- 6.1. Global Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Software
- Service
- 6.2. Global Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- On-Premise
- Cloud
- Hybrid
- 6.3. Global Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- Fast Moving Consumer Goods (FMCG)
- Medical
- Automotive
- Electronics
- Aerospace And Defense
- Other Applications
7. Modern Manufacturing Execution System Market Regional And Country Analysis
- 7.1. Global Modern Manufacturing Execution System Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 7.2. Global Modern Manufacturing Execution System Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Modern Manufacturing Execution System Market
- 8.1. Asia-Pacific Modern Manufacturing Execution System Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.3. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 8.4. Asia-Pacific Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Modern Manufacturing Execution System Market
- 9.1. China Modern Manufacturing Execution System Market Overview
- 9.2. China Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.3. China Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
- 9.4. China Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Modern Manufacturing Execution System Market
- 10.1. India Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.2. India Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 10.3. India Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Modern Manufacturing Execution System Market
- 11.1. Japan Modern Manufacturing Execution System Market Overview
- 11.2. Japan Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.3. Japan Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 11.4. Japan Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Modern Manufacturing Execution System Market
- 12.1. Australia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.2. Australia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 12.3. Australia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Modern Manufacturing Execution System Market
- 13.1. Indonesia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.2. Indonesia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 13.3. Indonesia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Modern Manufacturing Execution System Market
- 14.1. South Korea Modern Manufacturing Execution System Market Overview
- 14.2. South Korea Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.3. South Korea Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 14.4. South Korea Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Modern Manufacturing Execution System Market
- 15.1. Western Europe Modern Manufacturing Execution System Market Overview
- 15.2. Western Europe Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.3. Western Europe Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 15.4. Western Europe Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Modern Manufacturing Execution System Market
- 16.1. UK Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.2. UK Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 16.3. UK Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Modern Manufacturing Execution System Market
- 17.1. Germany Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.2. Germany Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 17.3. Germany Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Modern Manufacturing Execution System Market
- 18.1. France Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.2. France Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 18.3. France Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Modern Manufacturing Execution System Market
- 19.1. Italy Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.2. Italy Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 19.3. Italy Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Modern Manufacturing Execution System Market
- 20.1. Spain Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.2. Spain Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 20.3. Spain Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Modern Manufacturing Execution System Market
- 21.1. Eastern Europe Modern Manufacturing Execution System Market Overview
- 21.2. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.3. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 21.4. Eastern Europe Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Modern Manufacturing Execution System Market
- 22.1. Russia Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.2. Russia Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 22.3. Russia Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Modern Manufacturing Execution System Market
- 23.1. North America Modern Manufacturing Execution System Market Overview
- 23.2. North America Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.3. North America Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 23.4. North America Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Modern Manufacturing Execution System Market
- 24.1. USA Modern Manufacturing Execution System Market Overview
- 24.2. USA Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.3. USA Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 24.4. USA Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Modern Manufacturing Execution System Market
- 25.1. Canada Modern Manufacturing Execution System Market Overview
- 25.2. Canada Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.3. Canada Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 25.4. Canada Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Modern Manufacturing Execution System Market
- 26.1. South America Modern Manufacturing Execution System Market Overview
- 26.2. South America Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.3. South America Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 26.4. South America Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Modern Manufacturing Execution System Market
- 27.1. Brazil Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.2. Brazil Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 27.3. Brazil Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Modern Manufacturing Execution System Market
- 28.1. Middle East Modern Manufacturing Execution System Market Overview
- 28.2. Middle East Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.3. Middle East Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 28.4. Middle East Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Modern Manufacturing Execution System Market
- 29.1. Africa Modern Manufacturing Execution System Market Overview
- 29.2. Africa Modern Manufacturing Execution System Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.3. Africa Modern Manufacturing Execution System Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
- 29.4. Africa Modern Manufacturing Execution System Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Modern Manufacturing Execution System Market Competitive Landscape And Company Profiles
- 30.1. Modern Manufacturing Execution System Market Competitive Landscape
- 30.2. Modern Manufacturing Execution System Market Company Profiles
- 30.2.1. Siemens AG
- 30.2.1.1. Overview
- 30.2.1.2. Products and Services
- 30.2.1.3. Strategy
- 30.2.1.4. Financial Performance
- 30.2.2. Accenture Plc
- 30.2.2.1. Overview
- 30.2.2.2. Products and Services
- 30.2.2.3. Strategy
- 30.2.2.4. Financial Performance
- 30.2.3. General Electric Company
- 30.2.3.1. Overview
- 30.2.3.2. Products and Services
- 30.2.3.3. Strategy
- 30.2.3.4. Financial Performance
- 30.2.4. Schneider Electric SE
- 30.2.4.1. Overview
- 30.2.4.2. Products and Services
- 30.2.4.3. Strategy
- 30.2.4.4. Financial Performance
- 30.2.5. Honeywell International Inc.
- 30.2.5.1. Overview
- 30.2.5.2. Products and Services
- 30.2.5.3. Strategy
- 30.2.5.4. Financial Performance
31. Modern Manufacturing Execution System Market Other Major And Innovative Companies
- 31.1. SAP SE
- 31.2. ABB Ltd
- 31.3. Applied Materials Inc.
- 31.4. Emerson Electric Co.
- 31.5. Rockwell Automation Inc.
- 31.6. Dassault Systemes
- 31.7. Krones AG
- 31.8. Epicor Software Corporation
- 31.9. Aptean Inc.
- 31.10. MPDV Mikrolab GmbH
- 31.11. Plex Systems
- 31.12. Yokogawa Electric Corporation
- 31.13. Lighthouse Worldwide Solutions
- 31.14. Werum IT Solutions GmbH
- 31.15. Aegis Software
32. Global Modern Manufacturing Execution System Market Competitive Benchmarking
33. Global Modern Manufacturing Execution System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Modern Manufacturing Execution System Market
35. Modern Manufacturing Execution System Market Future Outlook and Potential Analysis
- 35.1 Modern Manufacturing Execution System Market In 2028 - Countries Offering Most New Opportunities
- 35.2 Modern Manufacturing Execution System Market In 2028 - Segments Offering Most New Opportunities
- 35.3 Modern Manufacturing Execution System Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer