Manufacturing Execution System Market Projected to reach US$ 32.93 Bn by 2027 | ABB, Dassault Systemes SE, Emerson Electric, General Electric Company, Honeywell International

The global manufacturing execution system market was valued at US$ 10.08 Bn in 2018 and is expected to reach US$ 32.93 Bn by 2027 with a CAGR growth rate of 14.3% in the forecast period from 2019 to 2027. In the quest for differentiation and improved productivity, the manufacturing sector has begun to significantly invest in the automation of the plant floor, since the past few years. The investment is particularly concerning the procurement of hardware as well as software for supporting and implementing sensors, actuators, programmable logic controllers (PLCs),…

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