The Latest Mes Industry Statistics Explained
The global Manufacturing Execution System (MES) market size was valued at $10.55 billion in 2018
The statistic stating that the global Manufacturing Execution System (MES) market size was valued at $10.55 billion in 2018 indicates the total revenue generated by MES solutions worldwide during that year. MES refers to software systems used in manufacturing operations to track and control production processes in real time, optimizing efficiency and productivity. The significant market size demonstrates the widespread adoption and importance of MES technology in the manufacturing industry, reflecting the growing trend of digitization and automation in production processes. This statistic serves as a key indicator of the market demand and investment in MES solutions by manufacturing companies seeking to improve their operational performance and competitiveness in the global market.
The MES industry is anticipated to grow at a compound annual growth rate (CAGR) of 16.5% from 2021 to 2028
The statistic that the MES (Manufacturing Execution System) industry is expected to grow at a compound annual growth rate (CAGR) of 16.5% from 2021 to 2028 indicates a strong positive trend in the industry’s expansion over the forecasted period. This growth rate suggests that the industry is projected to more than double in size every four to five years, reflecting an increasing demand for MES solutions in the manufacturing sector. Such rapid growth can be attributed to technological advancements, increased automation in manufacturing processes, and the growing emphasis on efficiency and productivity within the industry. This forecast indicates promising opportunities for businesses in the MES sector and highlights the potential for significant market expansion and development in the coming years.
By 2024, the manufacturing execution system market is expected to reach $27.8 billion
The statistic states that the manufacturing execution system market is predicted to grow to $27.8 billion by the year 2024. This suggests a significant increase in the adoption and utilization of manufacturing execution systems (MES) in various industries such as automotive, electronics, pharmaceuticals, and food and beverage. The growth in the MES market is likely driven by factors such as increasing demand for real-time data analysis, enhanced operational efficiency, improved quality control, and the growing trend towards Industry 4.0 and smart manufacturing technologies. As companies strive to optimize their production processes, reduce time-to-market, and enhance overall productivity, the MES market is expected to expand rapidly over the coming years.
MES software holds around 11% of the total manufacturing IT spending
The statistic that MES (Manufacturing Execution System) software holds around 11% of the total manufacturing IT spending implies that a significant portion of the IT budget in the manufacturing sector is allocated towards MES software solutions. This suggests that manufacturers place a high value on investing in MES software to optimize their production processes, improve efficiency, and enhance overall operational performance. The fact that such a substantial proportion of the IT budget is dedicated to MES software highlights the critical role these systems play in modern manufacturing operations and underscores the industry’s commitment to leveraging technology for driving productivity and competitiveness.
About 45% of manufacturers plan to invest more than $1 million in MES technologies
The statistic ‘About 45% of manufacturers plan to invest more than $1 million in MES technologies’ indicates that nearly half of manufacturing companies are intending to make significant investments in Manufacturing Execution Systems (MES) technologies. This suggests a notable trend towards adoption of advanced manufacturing technologies among a substantial portion of manufacturers. MES technologies encompass software systems that help streamline production processes, improve operational efficiency, and enhance decision-making within manufacturing environments. The decision of nearly half of manufacturers to allocate over $1 million towards these technologies further underscores the perceived value and strategic importance of MES systems in driving competitiveness and innovation within the manufacturing industry.
Development of MES for precision parts manufacturing is at around 60%
This statistic suggests that the development level of Manufacturing Execution System (MES) implementation for precision parts manufacturing is currently estimated to be at approximately 60%. An MES is a software tool used to track, monitor, and manage manufacturing processes in real-time, providing valuable data and insights for optimizing production efficiency and quality control. A 60% development level indicates that a significant portion of precision parts manufacturers have adopted MES to some extent, but there is still room for improvement and further implementation. This statistic underscores the importance of MES in driving operational excellence and performance in precision parts manufacturing industries.
MES applications in the electronics industry is forecasted to grow at a CAGR of around 8.5% from 2016 to 2024
The statistic indicates that the use of Manufacturing Execution Systems (MES) within the electronics industry is predicted to experience a Compound Annual Growth Rate (CAGR) of approximately 8.5% between the years 2016 and 2024. This forecast suggests a steady and consistent increase in the adoption and implementation of MES applications by electronics manufacturers over the specified period. The growth rate implies a positive trend in the utilization of MES technology to optimize production processes, enhance operational efficiency, and improve overall performance within the electronics manufacturing sector. This statistic underscores the industry’s recognition of the benefits associated with MES applications and highlights a growing emphasis on leveraging such systems to drive innovation and competitiveness in the market.
The pharmaceutical sector is expected to witness a CAGR of around 20% in MES market from 2017-2024
This statistic indicates that the pharmaceutical sector is forecasted to experience a Compound Annual Growth Rate (CAGR) of approximately 20% in the Medication Adherence and Medical Equipment & Supplies (MES) market over the period from 2017 to 2024. This suggests a strong and steady growth rate for the pharmaceutical industry in this specific segment, which encompasses both medication adherence products and medical equipment and supplies. The high CAGR of 20% indicates substantial expected growth in market demand and revenue for pharmaceutical companies operating in this market, likely driven by factors such as technological advancements, increasing healthcare needs, and growing awareness of the importance of medication adherence and quality medical equipment.
Asian industrial MES market is expected to witness the fastest growth, at a CAGR of around 17% from 2021-2026
This statistic indicates that the Asian industrial manufacturing execution systems (MES) market is projected to experience significant growth with a compound annual growth rate (CAGR) of approximately 17% from 2021 to 2026. This suggests a rapid expansion of the adoption and implementation of MES solutions in various industrial sectors across Asia. The high growth rate can be attributed to factors such as increasing demand for automation, advancements in technology, the need for improved operational efficiency, and a growing emphasis on digital transformation within the manufacturing industry in the region. Companies operating in the Asian industrial MES market may have opportunities to capitalize on this growth by offering innovative solutions and services to meet the evolving needs of manufacturing businesses in the region.
Adoption of MES in SMEs is at 30% and is expected to significantly increase by 2027
The statistic that adoption of Manufacturing Execution Systems (MES) in Small and Medium Enterprises (SMEs) is currently at 30% and is projected to increase substantially by 2027 suggests a notable trend towards the integration of MES technology within smaller businesses. MES are software tools that help manage and optimize manufacturing processes, typically leading to improved efficiency and productivity. The expected increase in adoption rates indicates a growing recognition among SMEs of the benefits MES can offer in terms of streamlining operations and enhancing competitiveness. This trend may be driven by factors such as advancements in technology, increased awareness of MES benefits, and the need for SMEs to stay competitive in a rapidly evolving market landscape.
The largest segment of the MES market is the discrete industry that generates around 54% of the total market revenue
This statistic indicates that the discrete industry sector dominates the Manufacturing Execution Systems (MES) market, accounting for approximately 54% of the total market revenue. The discrete industry typically involves the production of individual, distinct products such as automobiles, appliances, or electronics. This dominance suggests that MES solutions are highly sought after and utilized in the discrete manufacturing processes to optimize operations, improve efficiency, and enhance productivity. Industries within the discrete sector likely find MES technology crucial in streamlining their production processes, coordinating resources, tracking inventory, and managing quality control measures effectively. This strong market presence of MES in the discrete industry underlines the significance of these systems in modern manufacturing operations, driving growth and innovation in the sector.
North America dominated the MES market by holding over 35% of total market share in 2019
The statistic “North America dominated the MES (Manufacturing Execution System) market by holding over 35% of total market share in 2019” indicates that North America had a significant influence and presence in the MES industry relative to other regions during the specified year. This suggests that a large portion of the market for MES solutions, which are software systems used in manufacturing to track, control, and manage production operations, was concentrated in North America. The dominance of North America in this market segment may be attributed to factors such as technological innovation, strong manufacturing infrastructure, high adoption rates of automation and digitalization in industries, as well as the presence of established companies offering MES solutions in the region.
By 2024, MES demand in the process industry is predicted to exceed 20% of global market share
This statistic suggests that the demand for Manufacturing Execution Systems (MES) within the process industry is anticipated to grow substantially by the year 2024, with an estimated market share exceeding 20% on a global scale. MES are software-based systems that help streamline and optimize manufacturing processes, enhance efficiency, and improve decision-making within industrial operations. The prediction indicates a significant shift towards the adoption of MES in the process industry, highlighting the increasing recognition of their value in enhancing productivity, quality, and overall performance. This trend reflects a growing emphasis on digital transformation and technology integration within the sector, as companies seek to leverage advanced solutions to stay competitive and meet evolving market demands.
The food and beverage industry’s adoption of MES solutions was about 23% in 2020
The statistic indicating that the food and beverage industry’s adoption of Manufacturing Execution Systems (MES) solutions was approximately 23% in 2020 reflects the extent to which companies within this sector are embracing technology to streamline their production processes. MES solutions are software systems that enable real-time monitoring, tracking, and optimization of manufacturing operations, leading to improved efficiency and productivity. With nearly a quarter of food and beverage companies implementing MES solutions, it suggests a growing recognition of the need to modernize operations and remain competitive in an industry where operational excellence is crucial for meeting consumer demands, ensuring food safety, and maximizing profitability.
Europe is predicted to account for a significant portion of the global MES market, more than 30% by 2023
The statistic implies that by the year 2023, Europe is anticipated to have a substantial share of the global Manufacturing Execution System (MES) market, exceeding 30%. This indicates that Europe is expected to play a major role in the adoption and implementation of MES solutions within the manufacturing sector. The region’s strong emphasis on advanced technologies, high level of industrialization, and focus on improving operational efficiency through automation and digitalization are likely factors driving this growth. Additionally, Europe’s strict regulatory requirements and increasing focus on achieving Industry 4.0 standards in manufacturing processes could further contribute to the significant market presence projected for MES solutions in the region.
By 2025, the deployment rate of MES solutions in the automotive industry will reach approximately 70%
The statistic “By 2025, the deployment rate of MES (Manufacturing Execution System) solutions in the automotive industry will reach approximately 70%” indicates that by the year 2025, around 70% of companies within the automotive industry are expected to have implemented MES solutions. MES systems help automotive manufacturers improve operational efficiency, reduce costs, and enhance quality control by monitoring and controlling production processes in real-time. The projected 70% deployment rate signifies a significant adoption of MES technology in the automotive sector, highlighting a trend towards enhanced automation and digitization in manufacturing processes to remain competitive in the rapidly evolving industry landscape.
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