Global Modern Manufacturing Execution System Market is estimated to grow at a CAGR of 15.41% over the forecast period : http://bit.ly/32jPj01
Market Highlights

The global modern manufacturing execution system market has experienced a paradigm shift in the past decade owing to various technological changes; it is expected to grow at a steady pace in the upcoming years. Geographically, the market for modern manufacturing execution system is spanned across North America, Europe, Asia-Pacific, and the rest of the world.


Modern Manufacturing Execution System Market

North America dominated the global modern manufacturing execution system market with a market share of 32.5% in 2017 and a market value of USD 3,934.4 million; the market is expected to register a CAGR of 15.3 % during the forecast period. High demand for manufacturing execution systems from such as water and wastewater treatment, food and beverage, power industries has contributed to the growth of North American modern manufacturing execution system market. Furthermore, government initiatives to promote the adoption of Industry 4.0 in the region is also expected to drive growth.

The global modern manufacturing execution system market is expected to reach USD 46,376.8 million at a CAGR of over 15.4% by the end of the forecast period 2019–2027.

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Key Players

Some of the prominent players in the global modern manufacturing execution system market include General Electric Company (US), ABB Ltd (Switzerland), SAP SE (Germany), Emerson Electric Co. (US), Werum IT Solutions GmbH (Germany), Applied Materials, Inc. (US), Siemens AG (Germany), Rockwell Automation, Inc. (US), Dassault Systèmes (France), Honeywell International Inc. (US), and Tebis Technische Informationssysteme AG (Germany).

Global Modern Manufacturing Execution System Market Segmentation

The global modern manufacturing execution system market has been segmented on the basis of component, deployment, discrete industry, and region. The component segment has been segmented into software and service. The software segment is further segmented into enterprise resource planning (ERP), warehouse management, and product lifecycle management (PLM) whereas, the service segment is segmented into consulting & development, training & support, and integration service.

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Modern Manufacturing Execution System Market Research Report - Global Forecast till 2027 | MRFR
Modern Manufacturing Execution System Market is expected to expand at 15.41% CAGR during the…

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