The manufacturing execution system (MES) market is predicted to touch USD 46,376.8 million at a healthy 15.41% CAGR between 2019- 2027, reveals the latest Market Research Future (MRFR) report. The strong modern manufacturing execution system market growth can be accredited to the low installation cost.
A full report of Manufacturing Execution System Market is available at: https://www.orionmarketreports.com/manufacturing-execution-system-mes-market/27568/
Covid-19 Impact on MES Market
The COVID-19 lockdown affected the use of manufacturing execution systems. Most of the revenue produced in the industry for the implementation of manufacturing systems comes from services rendered on the industry. As the services are directly linked to manufacturing activities, COVID-19 is significantly affecting the manufacturing execution system market. This has contributed to a lower projected growth rate for 2020 as opposed to 2019.
Manufacturing Execution System Market Key Segments:
Based on Deployment
• On-Demand
• On-Premises.
Based on Process Industry
• Chemical, Energy & Power,
• Food and Beverages,
• Oil & Gas,
• Pharmaceutical and Life Sciences,
• Pulp & Paper,
• Water and Wastewater Management.
Based on Discrete Industry
• Aerospace & Defense
• Automotive
• Consumer Packaged Goods
• Electronics & Semiconductors
• Medical Devices
• Metal and Mining
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• We cover more than 15 major industries, further segmented into more than 90 sectors.
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)