Manufacturing Execution System Market

Siemens (Germany) and Rockwell Automation (US) are the Major Players in the Manufacturing Execution System Market

The manufacturing execution system market is expected to grow from USD 11.5 billion in 2021 to USD 17.1 billion by 2026 at a CAGR of 8.3% from 2021 to 2026. A few key factors driving the growth of this market include the need for mass production, and connected supply chain to cater to the growing population, increasing use of industrial automation in process and discrete industries, increasing IT and OT convergence, growing importance of regulatory compliance and fiscal policies formulated by regional financial institutions to keep manufacturing facilities floating amidst COVID-19 crisis.

ABB Ltd. (Switzerland), AVEVA plc (UK), Dassault Systèmes (France), Honeywell International, Inc. (US), Rockwell Automation, Inc. (US), Siemens AG (Germany), SAP SE (Germany), General Electric Company (US), Oracle Corporation (US), Emerson Electric Co. (US), and Werum IT Solutions GmbH (Germany) are among a few major players in the manufacturing execution system market. Most of the leading companies have used product launches and developments and partnerships as key strategies to boost their revenues.

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Siemens (Germany) has a strategically balanced portfolio of manufacturing execution systems and a strong geographical presence. The company’s Opcenter Execution Process (formerly known as SIMATIC IT Unified Architecture Process Industries) as an MES which offers collaboration and integration of distributed manufacturing operations, decreases the production time, and increases manufacturing responsiveness. It is a part of the Siemens Product Lifecycle Management (PLM), and Software Manufacturing Operations Management (MOM). It caters to industries such as discrete industry, process industry, and life sciences. The group operates in more than 190 countries. It has a geographical presence in Europe, the US, the Middle East, Africa, and Asia.

Rockwell Automation (US) has a strong presence in industrial automation and has two brands Allen-Bradley and Rockwell Software. The company offers MES under the brand name Rockwell Software. It provides MES for the industries such as pharmaceuticals, consumer packaged goods, and automotive and has industry-specific MES solutions such as PharmaSuite and FactoryTalk ProductionCentre. It also provides MES integrated with ERP Integration Gateway aimed towards the improvement of operational and business performance. The major strategies adopted by the company to compete in the MES market are product developments and acquisitions. For instance, in October 2019, the company acquired MESTECH Services, which is a global provider of manufacturing execution systems /manufacturing operations management, digital solutions consulting, and systems integration services. This acquisition would help Rockwell to expand capabilities to grow Information Solutions and Connected Services business segment globally and accelerate Rockwell’s ability to help their customers execute digital transformation initiatives.

Related Reports:

Manufacturing Execution System Market with COVID-19 Impact by Offering (Software, Services), Deployment, Organization Size, Process Industry (Food & Beverages, Pharmaceuticals & Life Sciences), Discrete Industry, Geography - Global Forecast to 2026

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Report Code
SE 2339
RI Published ON
5/27/2021
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