Asia Pacific Manufacturing Execution System Market
No. of Pages: 140 | Report Code: TIPRE00006675 | Category: Technology, Media and Telecommunications
No. of Pages: 140 | Report Code: TIPRE00006675 | Category: Technology, Media and Telecommunications
The manufacturing execution system (MES) is easily integrated with various solutions, including supply chain management solutions, enterprise resource planning (ERP) solutions, product lifecycle management solutions, and information technology systems. Integrating MES solutions enables end users to enhance supply chain visibility, regulatory compliance, customer satisfaction, agility, time-to-market (TTM), machine utilization, energy efficiency, and sustainable production. The MES can directly pull data from equipment aligned with production and instantly share it with ERP systems with less human involvement. The data is analyzed to examine the quantities and qualities of materials consumed in the production process and items produced through it. It helps plant operators interact bidirectionally with production equipment, resulting in decreased downtime and optimized costs and inventory. Many ERP providers are focused on the Internet of Things (IoT) and the ability to form communication channels between several systems and devices. The MES improves communications between decision-makers and machines or equipment by directly extracting precise data from manufacturing equipment and sharing it with the ERP systems without human intervention. These data include many manufactured items, consumed materials, and qualitative data of items produced, yield losses, and quantities approved/non-approved after quality tests. Therefore, the integration of MES with systems installed in manufacturing plants reduces the time consumed on sharing production data manually to the ERP systems while ensuring the accuracy of data recorded. Thus, the high degree of integration with other solutions offers market opportunities for MES solution providers.
With the latest features and technologies, vendors attract new customers to grow their footprints in emerging markets. This factor is likely to drive the weather monitoring system market. The APAC manufacturing execution system market is expected to grow at a substantial CAGR during the forecast period.
Strategic insights for the Asia Pacific Manufacturing Execution System provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 2,872.80 Million |
| Market Size by 2028 | US$ 7,011.46 Million |
| Global CAGR (2021 - 2028) | 13.6% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | Asia-Pacific
|
| Market leaders and key company profiles |
The geographic scope of the Asia Pacific Manufacturing Execution System refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The APAC manufacturing execution system market is segmented based on component, deployment, industry type, and country. Based on component, the APAC manufacturing execution system market is bifurcated into software and services. The software segment dominated the market in 2020; however, the services segment is expected to be the fastest-growing segment during the forecast period. Based on deployment, the APAC manufacturing execution system market is bifurcated into cloud and on-premise. The on-premise segment dominated the market in 2020; however, the cloud segment is expected to be the fastest-growing segment during the forecast period. Based on industry type, the APAC manufacturing execution system market is bifurcated into process industry and discrete industry. The discrete industry segment dominated the market in 2020; however, the process industry is expected to be the fastest-growing segment during the forecast period. Further, the process industry segment is segmented into food & beverages market, pulp & paper market, chemical market, energy & power market, pharmaceutical & life sciences market, and others. Similarly, the discrete industry segment is segmented into automotive market, aerospace & defense market, consumer packaged goods market, medical devices market, electronics & semiconductors market, and others. Based on country, the APAC manufacturing execution system market is segmented into the Germany, UK, France, Italy, Russia, and Rest of Europe. AVEVA Group plc; Dassault Systemes SE; Emerson Electric Co.; General Electric Company; Honeywell International Inc.; Oracle Corporation; Rockwell Automation, Inc.; and SAP SE are among the leading companies in the APAC manufacturing execution system market.
The Asia Pacific Manufacturing Execution System Market is valued at US$ 2,872.80 Million in 2021, it is projected to reach US$ 7,011.46 Million by 2028.
As per our report Asia Pacific Manufacturing Execution System Market, the market size is valued at US$ 2,872.80 Million in 2021, projecting it to reach US$ 7,011.46 Million by 2028. This translates to a CAGR of approximately 13.6% during the forecast period.
The Asia Pacific Manufacturing Execution System Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Manufacturing Execution System Market report:
The Asia Pacific Manufacturing Execution System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Manufacturing Execution System Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Manufacturing Execution System Market value chain can benefit from the information contained in a comprehensive market report.
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