Manufacturing Execution System (MES) Market to Reach US $18,067.9 Mn by 2025

Albany, NY -- (SBWIRE) -- 03/04/2019 -- According to a new market report published by Transparency Market Research The global manufacturing execution system (MES) market is expected to reach a value of US$ 18,067.9 Mn by 2025 on account of the rising demand for improving productivity and executing complex production processes efficiently. The market is projected to expand at a CAGR of 11.2% during the forecast period from 2017 to 2025. The growth is attributed to growing investments in manufacturing sector and advancements in industrial automation. Asia Pacific is anticipated to be the fastest growing region which is expected to be followed by Middle East & Africa during the forecast period. Whereas, the food and beverages segment is expected to be the fastest growing, owing to the requirement of maintaining product quality standards in the food and beverage industry. Further, demand for MES solutions is expected to surge in coming years due to rise in demand for paperless operations from manufacturing industries in developing countries such as China, India and Brazil.