Manufacturing Execution Systems Market Trends

Growth Drivers

• Growing Demand for Connected Supply Chain in Manufacturing Sector – MES solutions are the primary driving force behind the digital transformation of manufacturing supply chains since they provide real-time, production process optimization, and develop the framework necessary for a resilient, adaptable, and resourceful value chain.
• Increasing Adoption of Industry 4.0- The growing adoption of the industry. 4.0 is predicted to elevate the growth of the market in the upcoming years. Since the emphasis of the world is on sustainability and smart manufacturing practices, businesses are widely adopting Industry 4.0 as a result the demand for MES is expected to rise. For instance, manufacturing process automation using MES software will move from manual to digital and enables real-time data insights and smart manufacturing capabilities.

Challenges

• High Upgradation and Maintenance Costs - The high initial cost is one of the major factors predicted to slow down the market growth. For instance, manufacturing execution systems requires frequent customization which is expensive. Besides this, the setup and maintenance cost of MES is high and time-consuming as it involves complex technology which also rises the need for skilled employees who can easily operate the system. This, as a result, makes it difficult for SMEs to adopt MES as don’t have the required budget.
• Difficult Deployment of MES in Several Sectors
• Requirement of High Capital Investment