The North America advanced planning and scheduling (APS) software market is expected to grow from US$ 546.51 million in 2020 to US$ 1,033.86 million by 2028; it is estimated to grow at a CAGR of 8.4 % from 2021 to 2028.
The US, Canada, and Mexico are economies in North America. Escalating need to enhance overall production process is expected to surge the North America market. APS software helps manufacturing firms to control and monitor production and its scheduling. The software solutions benefit the users through full visibility and control, faster turnaround, and optimized resource utilization. Moreover, these solutions help enhance their profit margins by conferring the real-time analysis capabilities into the production process. Capacity planning is an integral part of the APS module. Capacity planning helps in long-term production planning, against forecasted demand. The software has interactive dashboard that provides graphical view of consolidated demand and projected resource allocated for the production process. This data is then to synced to the current and projected sales data. Further, the software also efficiently supports sales and operation planning (S&OP) through optimization and rapid experimentation. Both discrete and process industries require APS software to smoothen the manufacturing process. Industries such as food & beverages, pharmaceuticals, automotive, electronics & semiconductors, and textile are predominantly deploying APS software or integrating the same with their existing manufacturing executive systems (MES). For instance, Antolin Liban (a division of Antolin International Inc.) which is a global automotive supplier, implemented APS software. The APS software was integrated with company’s SAP ERP systems and legacy MES systems to create comprehensive scheduling solutions capable of providing real-time information and feedback. To effectively compete in the respective industries, companies across North America are investing in deploying APS software to enhance their profit margins by leveraging the features such as production scheduling, order scheduling, purchase scheduling, production planning, and mid-term scheduling, which will drive the North America advanced planning and scheduling (APS) software market.
In case of COVID-19, North America is highly affected, especially the US. North America is one of the most important regions for the adoption and growth of new technologies due to favorable government policies to boost innovation, the presence of a huge industrial base, and high purchasing power, especially in developed countries such as the US and Canada. Hence, any impact on the growth of industries is expected to affect the region's economic growth negatively. The US is one of the prominent markets for APS software. The huge increase in the number of confirmed cases and rising reported deaths in the country has affected numerous industries, including manufacturing. The factory and business shutdowns across the US, Canada, and Mexico negatively impact the adoption of the APS software. Several industries in the region work on APS software to manage their complex production process. However, due to the closed business of various industries the market for APS software slightly affected in 2020. Moreover, APS vendors continued their operations remotely to offer the best services to their end-users. The impact of COVID-19 is short-term; it is likely to decrease in the coming months.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America advanced planning and scheduling (APS) software market. The North America advanced planning and scheduling (APS) software market is expected to grow at a good CAGR during the forecast period.
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North America Advanced Planning and Scheduling (APS) Software Market Segmentation
North America Advanced Planning and Scheduling (APS) Software Market – By Deployment
- Cloud-Based
- On-Premise
North America Advanced Planning and Scheduling (APS) Software Market – By Organization Size
- Large Enterprises
- SMEs
North America Advanced Planning and Scheduling (APS) Software Market – By Industry
- Manufacturing
- Pharmaceuticals & Life Sciences
- Retail & Consumer Goods
- Food & Beverage
- Chemicals
- Others
North America Advanced Planning and Scheduling (APS) Software Market, by Country
- US
- Canada
- Mexico
North America Advanced Planning and Scheduling (APS) Software Market -Companies Mentioned
- ACUMATICA, INC
- ASPROVA CORPORATION
- CYBERTEC
- Dassault Systèmes SE
- GLOBAL SHOP SOLUTIONS
- INFORM SOFTWARE
- PLEX SYSTEMS
- Siemens AG
- THE ACCESS GROUP
North America Advanced Planning and Scheduling (APS) Software Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2020 | US$ 546.51 Million |
| Market Size by 2028 | US$ 1,033.86 Million |
| CAGR (2021 - 2028) | 8.4 % |
| Historical Data | 2018-2019 |
| Forecast period | 2021-2028 |
| Segments Covered |
By Deployment
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
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- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
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