The manufacturing execution system (MES) plays a vital role in synchronizing manufacturing operations, logistics, equipment automation, sales, and planning. The MES can synchronize many functions and offer a holistic view to help enterprises improve their performances and regulatory compliance. Many healthcare & pharmaceutical manufacturers face unprecedented issues due to expectations regarding shorter time-to-market (TTM) for products and growing regulatory challenges associated with product approval. Thus, healthcare & pharmaceutical manufacturers require innovative solutions to overcome these challenges efficiently. The MES helps accomplish regulatory compliance, such as Good Manufacturing Practice (GMP) requirements and Food and Drug Administration (FDA) mandates, for electronic records and electronic signatures. It provide manufacturers to record automated and manual procedures adopted throughout the production process, which helps enhance the accuracy of batch records. Thus, the growing need for MES for ensuring compliance with stringent regulation is fueling the market progress across the region.
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. TheEurope manufacturing execution system market is expected to grow at a substantial CAGR during the forecast period.
The Europe manufacturing execution system market is segmented based on component, deployment, industry type, and country. Based on component, the Europe manufacturing execution system market is segmented into software and services. The software segment dominated the market in 2020 and services segment is expected to be the fastest growing during the forecast period. Based on deployment, the Europe manufacturing execution system market is segmented into cloud and on-premise. The on-premise segment dominated the market in 2020 and cloud segment is expected to be the fastest growing during the forecast period. Based on industry type, the Europe manufacturing execution system market is segmented into process industry and discrete industry. The discrete industry segment dominated the market in 2020 and process industry is expected to be the fastest growing during the forecast period. Further process industry is segmented into food & beverages market, pulp & paper market, chemical market, energy & power market, pharmaceutical & life sciences market, and others. Likewise discrete industry is segmented into automotive market, aerospace & defense market, consumer packaged goods market, medical devices market, electronics & semiconductors market, and others. Based on country, the Europe manufacturing execution system market is segmented into Germany, the UK, France, Italy, Russia, and the 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 Europe manufacturing execution system market.