Manufacturing Execution System Market
Technology

Manufacturing Execution System Market Surging Scope 2021: Understanding the Competitive Landscape in ICT Sector by 2028

 

Enterprises worldwide are presently giving equal importance to MES projects as enterprise resource planning (ERP) and product lifecycle management (PLM). Since enterprises are now recognizing the manufacturing competency as a key competitor differentiator, they have started adopting MES at a greater priority. Furthermore, a number of enterprises consider quality as an essential factor in the manufacturing systems strategy. Thus, they are looking for the advantages of integrating quality as compared to keeping quality as a distinct system and process. Such factors are expected to boost the adoption of MES.

In the present scenario, the players in the MES market are focused on offering more industry-specific solutions. This signifies the availability of ideal solutions as per specific need of an enterprise. Further, it also eliminates the requirement for costly tailored extensions to commercial products. The availability of off the shelf functionality in MES is creating prosperous opportunities for the growth of MES market.

SAP SE; Dassault Systèmes SE; Honeywell International Inc.; Rockwell Automation, Inc.; and Siemens AG – Prominent Market Participants in Manufacturing Execution System Market

SAP SE; Dassault Systèmes SE; Honeywell International Inc.; Rockwell Automation, Inc.; and Siemens AG are some of the key market players operating in the global manufacturing execution system market. The listing of key players is derived by considering multiple factors such as overall revenue, current manufacturing execution system product portfolio, geographical reach, new product launches, market initiatives, investment in technology upgradation, partnerships, and other market related activities. In addition to these players, there are several other important players operating in the manufacturing execution system ecosystems which were studies analyzed during the course of this market research study, such as, ABB Ltd.; Schneider Electric SE; Emerson Electric Co.; General Electric Company; PSI Metals GmbH; OSIsoft, LLC; iTAC Software AG; Werum IT Solutions GmbH; and MPDV Mikrolab GmbH. among others. Further, in June 2018, ABB in collaboration with Werum IT Solutions launched hop Floor Integration Version 2.0. The solution reduces validation, engineering, and testing time and decreases the plant’s downtime. In February 2016, Emerson announced the enhancement of its Syncade Suite manufacturing execution system (MES) for helping life science manufacturers to further simplify the transfer of recipes as well as manufacturing information between project phases and system.

Most of the market initiatives were observed in Europe region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:

Year

News

2020

iTAC Software would be increasingly relying on the use of agile methods in the future in order to involve customers even more in the development processes and increase user experience. As part of this, there will be several changes within the company of the specialist for MES solutions.

2020

iTAC Software AG had released a new version of the manufacturing execution system (MES). The iTAC.MES.Suite 9.50 supports transparent and automated manufacturing. The next generation is all about flexibility and individuality.