The market is driven by rising demand for automation in industrial sectors. In addition, the emergence of cloud-based MES will positively influence the growth of the manufacturing execution systems market.
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Manufacturing Execution Systems Market: End-user Segment
Based on the end-user, the market witnessed maximum demand from discrete industries. This can be attributed to the rising investments in semiconductor manufacturing in developing countries, especially India and China. The market growth in the segment will be significant over the forecast period.
Manufacturing Execution Systems Market: Geography Landscape
35% of the market's growth originated from APAC in 2019. Factors such as increasing industrialization and urbanization, coupled with the ongoing shift toward renewable sources of power generation are fueling the growth of the manufacturing execution systems market in APAC.
China and Japan are the key markets for manufacturing execution systems in APAC. Market growth in this region will be faster than the growth of the market in North America, Europe, and South America.
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Major Four Manufacturing Execution Systems Market Vendors:
ABB Ltd.: The company provides systems for control, plant optimization, and industry-specific automation applications.
Dassault Systemes SE: The company offers CATIA software, ENOVIA software, SOLIDWORKS software, and other software.
Emerson Electric Co.: The company provides tools for professionals and homeowners, residential storage systems, and appliance solutions.
Fujitsu Ltd.: The company delivers products, software, and services to customers in an optimal, integrated package of comprehensive services.
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