Manufacturing Execution Systems Market

The Manufacturing Execution Systems Market is valued at USD 16.8 Bn in 2026 and is projected to reach USD 33.4 Bn, growing at a CAGR of 10% by 2033.

Prevalence of Industry 4.0 to Present Potential Opportunities for the Manufacturing Execution Systems Market

Several organizations are leveraging technology to upgrade their processes and improve operational efficiency. IoT and cloud technologies are being used by organizations to develop leaner operations in a bid to thrive towards Industry 4.0. Manufacturing sector has witnessed the impact of Industry 4.0 that is considered as the vision of tomorrow that facilitates automation, lowers cost, improves quality and speeds up processes in the plant. This is carried out by using solutions such as manufacturing execution systems that guarantee quality, productivity and significant cost reductions. Main objective to employ Industry 4.0 being automation and elimination of human intervention, the scope for manufacturing execution systems is expected to increase in the coming years, in turn bolstering growth of the manufacturing execution systems market.

Life Sciences and Pharmaceutical Sectors to Significantly Contribute Towards the Growth of the Manufacturing Execution Systems Market

Evolving trends in the life sciences and pharmaceutical industry have made it imperative for manufacturers to optimize their operational processes and be up-to-speed in order to meet the changing customer needs. By using manufacturing execution systems (MES), it becomes possible for the pharmaceutical manufacturers to reduce production and operational costs while simultaneously improving compliance with regulatory needs at a significant rate. Manufacturing execution systems, after being approved by the FDA, have been successfully implemented in the life sciences and pharmaceutical companies since 1997. Regulations of FDA for manufacturing execution systems have provided crucial criteria for acceptance under circumstances, which need to be followed by pharmaceutical manufacturers. Moreover, rising concern regarding counterfeit drugs in the pharmaceutical supply chain has resulted in use of track and trace solutions to ensure patient safety, which is expected to drive demand for manufacturing execution systems in the pharmaceutical sector, as they facilitate regulatory compliance. In the backdrop, growing demand of MES in the life sciences and pharmaceutical sector is expected to fuel growth of the manufacturing execution systems market.

Asia Pacific Likely to Remain a Go-To-Market for Manufacturing Execution Systems

Asia Pacific region is expected to showcase high growth potential for manufacturing execution systems market. The demand for manufacturing execution systems is expected to increase at a significant pace in the region as manufacturing units shift from traditional or legacy systems towards automated systems for carrying out operations. Moreover, emerging economies in the region such as China are witnessing growth in the manufacturing sector. This has translated into rising number of manufacturing units in the countries in Asia Pacific on the back of favorable business environment and cheap land and labor. This is expected to generate ample opportunities for installation of manufacturing execution systems, in turn giving an impetus to the manufacturing execution systems in Asia Pacific. In addition, initiatives by governments to drive digitalization in the respective countries are likely to fuel demand for manufacturing execution systems. For instance, the “Made in China 2025”initiative aims to boost digitalization across various manufacturing sectors in the country. Moreover, rising number of manufacturing plants across sectors such as textiles, automotive, pharmaceuticals and power and utility are expected to contribute towards the growth of the manufacturing execution systems market in the region, making it a lucrative go-to-market for manufacturing execution systems.

Manufacturing Execution Systems Market Competitive Landscape  

Key players in the manufacturing execution systems market are focusing on adopting growth strategies such as new launches, mergers and acquisitions and collaborations in a bid to maintain and enhance their market position. For instance, in 2020, a new version of MES (manufacturing execution systems) was released by iTAC Software AG. The iTAC.MES.Suite 9.50 facilitates automated and transparent manufacturing stressing on the next generation trend of individuality and flexibility. In 2021, the Opcenter Execution Discrete 4.1 was launched by Siemens, which provides robust and powerful manufacturing execution system capabilities. It also facilitates synchronization of production processes to carry out optimum supply chain management, full integration of quality and regulatory requirements along with sustained reductions in operational and maintenance costs. On the other hand, in April 2021, PlanetTogether and AVEVA entered into a strategic partnership in which new robust capabilities would be added to AVEVA MES (manufacturing execution systems), such as scheduling, visual planning, planning of multi-plant production along with optimization of production schedule. This will result in broadening of AVEVA’s product portfolio which will be in according with Industry 4.0 solutions. Same year, in September, Korber signed a strategic partnership with inmation Software to achieve data-driven integration on the shop floor in the pharmaceutical production space. In November 2020, new capability set was uploaded in Rockwell’s FactoryTalk Innovation Suite. This, powered by PTC, can scale, simplify and significantly integrate digital transformation for organizations.

Some of the key players in the manufacturing execution systems market are:

• Siemens AG
• Rockwell Automation, Inc.
• ABB Ltd.
• Honeywell International Inc.
• SAP SE
• Dassault Systèmes
• AVEVA Group plc
• Emerson Electric Co.
• Schneider Electric SE
• Critical Manufacturing
• GE Digital
• Infor Inc.
• Oracle Corporation
• Tulip Interfaces, Inc.
• Parsec Automation Corp

The Global Manufacturing Execution Systems Market is Segmented as Below:

By Vendor Type

• Pure Play
• Enterprise Integrators

By Component

• Software
• Services

By Deployment

• On-Premise
• Cloud
• Hybrid

By Industry

• Oil & Gas
• Automotive
• Food Processing
• Healthcare & Pharmaceuticals
• Electronics & Semiconductor
• Others (Metal & Mining, etc.)

By Region

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• Latin America