Market InsightsThe global modern manufacturing exe system (MRS) is expected to witness promising growth at a CAGR of 12.76 during the projected period from 2018 to 2023 according to Market Research Future's latest report on the subject. MRFR has recorded findings such as opening market value of USD 8.58 Bn in 2017 which will grow to reach an approximate market value of USD 17.64 Bn by the end of 2023. Modern manufacturing exe systems are integrated with ERP and lifecycle management applications among others to provide visibility, synchronization, and control over manufacturing processes. The key function of MES is to provide the manufacturing process with improved process capability and increased efficiency.
Market Segmentation
Offerings in the market are divided between software and service. Cloud offerings and various other new offerings in the market are expected to offer [FURL=https://www.marketresearchfuture.com/reports/modern-manufacturing-execution-system-market-1094]Modern Manufacturing Execution System Market Size[/FURL] with new opportunities.
Process industries where MES is used include oil & gas, chemicals, pharmaceuticals, pulp & paper, food & beverages, life sciences, water & wastewater management, and others.
Discrete industries where MES solutions are deployed include medical devices, consumer packaged goods, automotive, aerospace & defense, and others.
Regions covered in MRFR's global report include Asia Pacific, North America, Europe, and the Rest of the World.
Key Players
Leading market players such as Werum IT Solutions GmbH, Andea Solutions, ABB Ltd., Siemens AG, Dassault Systems SA, Rockwell Automation, Inc., Schneider Electric SE, Emerson Electric Co., SAP AG, Honeywell International Inc., and General Electric Company have been analysed in MRFR's report on the global modern manufacturing exe system market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Email: sales@marketresearchfuture.com
Blog: http://mrfrblog.com/