North America Market Statistics
The manufacturing execution systems market in North America is predicted to account for the largest share of 33 % by the end of 2037. The market growth in the region is impelled by the existence of major key players in MES. For instance, the presence of major key players in the region results in growing investment in research & development to develop advanced MES solutions to meet the different needs of different industries. Therefore, MES is increasingly in demand in the North American region and is widely adopted by large & small enterprises.
Asia Pacific Market Forecast
The Asia Pacific manufacturing execution systems market is estimated to be the second largest, during the forecast timeframe. The growth of the market can be led by rising industrial activities in the region. For instance, manufacturing activities are on the rise owing to rapid industrialization in nations such as China and India, which is expected to increase the demand for MES. For instance, a manufacturing execution system is a comprehensive software program that maximizes the effectiveness of manufacturing processes and gathers data about product performance, traceability, work-in-progress (WIP), and other plant activities. This data is used by decision-makers to streamline the manufacturing process and automate workflows. According to recent data, in 2023, India's industrial production increased by over 1% annually.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?