The North America manufacturing execution system market is expected to grow from US$ 4451.91 million in 2021 to US$ 8446.78 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2021 to 2028.
The end-to-end industrial and manufacturing environment is intelligent, smart, and connected in recent business settings. New types of discrete and process manufacturing of sensors, connected objects, and smart machines have emerged and changed the ecosystem through the exchanges and collaborations among people, machines, data, and technologies. The modern digitalized plants helping smart manufacturing rely heavily on collecting, sorting, and analyzing data and information by extracting business values from the data. The manufacturing execution system (MES) provides a sustainable competitive benefit by assisting in the shifting production process in real-time on the basis of changes in the markets they serve. It encourages users to prepare a proactive strategic plan of the maintenance processes that decrease downtime. Efficient MES solutions decrease waste and overages, optimize inventory, lower manufacturing cycle time, improve customer service, and reduce setup costs. The growing adoption of Industry 4.0 has further underlined the need for advanced MES solutions. Industry 4.0 creates an interoperability platform for operations and information technology, enabling many equipment, products, and materials to communicate through embedded electronics. The MES manages and monitors work progress in a manufacturing facility. It delivers a strong base to build Industry 4.0 applications. Therefore, the growing usage of technology and automation in the manufacturing sector and the widespread adoption of Industry 4.0 are fueling the manufacturing execution system market growth.
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 North America manufacturing execution system market is expected to grow at a substantial CAGR during the forecast period.
North America Manufacturing Execution System Market Revenue and Forecast to 2028 (US$ Million)
North America Manufacturing Execution System Market Segmentation
The North America manufacturing execution system market is segmented based on component, deployment, industry type, and country. Based on component, the North America 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 North America 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 North America 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 North America manufacturing execution system market is segmented into the US, Canada, and Mexico. 42Q; AVEVA Group plc; Dassault Systemes SE; Eazyworks Inc.; Emerson Electric Co.; General Electric Company; Honeywell International Inc.; Oracle Corporation; Rockwell Automation, Inc.; and SAP SE are among the leading companies in the North America manufacturing execution system market.
North America Manufacturing Execution System Market Strategic Insights
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North America Manufacturing Execution System Market Segmentation Analysis
North America Manufacturing Execution System Market Report Highlights
North America Manufacturing Execution System Report Scope
Report Attribute
Details
Market size in 2021
US$ 4451.91 Million
Market Size by 2028
US$ 8446.78 Million
CAGR (2021 - 2028)
9.6%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Component
Software
Services
By Deployment
Cloud
On-Premise
By Industry Type
Process Industry
Discrete Industry
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
42Q
AVEVA Group plc
Dassault Systemes SE
Eazyworks Inc.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Oracle Corporation
Rockwell Automation, Inc.
SAP SE
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North America Manufacturing Execution System Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America Manufacturing Execution System Market
42Q
AVEVA Group plc
Dassault Systemes SE
Eazyworks Inc.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Oracle Corporation
Rockwell Automation, Inc.
SAP SE
Frequently Asked Questions
How big is the North America Manufacturing Execution System Market?
The North America Manufacturing Execution System Market is valued at US$ 4451.91 Million in 2021, it is projected to reach US$ 8446.78 Million by 2028.
What is the CAGR for North America Manufacturing Execution System Market by (2021 - 2028)?
As per our report North America Manufacturing Execution System Market, the market size is valued at US$ 4451.91 Million in 2021, projecting it to reach US$ 8446.78 Million by 2028. This translates to a CAGR of approximately 9.6% during the forecast period.
What segments are covered in this report?
The North America Manufacturing Execution System Market report typically cover these key segments-
Component (Software, Services)
Deployment (Cloud, On-Premise)
Industry Type (Process Industry, Discrete Industry)
What is the historic period, base year, and forecast period taken for North America Manufacturing Execution System Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Manufacturing Execution System Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in North America Manufacturing Execution System Market?
The North America Manufacturing Execution System Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
42Q
AVEVA Group plc
Dassault Systemes SE
Eazyworks Inc.
Emerson Electric Co.
General Electric Company
Honeywell International Inc.
Oracle Corporation
Rockwell Automation, Inc.
SAP SE
Who should buy this report?
The North America Manufacturing Execution System Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America Manufacturing Execution System Market value chain can benefit from the information contained in a comprehensive market report.
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