North America Manufacturing Execution System Market Outlook and Strategic Insights by 2028

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 Report Scope