Asia-Pacific Manufacturing Execution System Market Size, Industry Trends, Share and Forecast 2020-2026
The Asia-Pacific manufacturing execution system market is projected to grow at a significant CAGR during the forecast period (2020-2026). The adoption of industrial robots in the Asia-Pacific region is accelerating at a rapid growth; the operational stock rose 70% to 887,400 units during 2010-2015, as per the International Federation of Robotics. China was the largest market for industrial robots globally, taking 43% of all the sales to Asia that include New Zealand and Australia. The sales in China was followed by the Republic of Korea, with a share of 24% of regional sales, and Japan with 22%. This employs that 89% of the sold robots in Asia and Australia went to these three countries in 2015. China will maintain its dominance; further, around 40% of the global supply will be installed in China by 2020. Robot installations are projected to have significant growth for all the major Asian robot markets including Taiwan, Korea, Japan, and other Southeast Asian countries.
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The development of robot density in
China ranked 23rd globally. The density rate rose from 25 units in 2013 to 68
units per 10,000 employees in 2016, owing to which the government intends to
make it into the top 10 most intensively automated nations of the globe by 2020
(with the robot density of 150 units per 10,000 employees). The Republic of
Korea comprises the highest robot density in the manufacturing industry
globally since 2010. The robot density of the country in 2018, exceeded the
global average by a good eight-fold (631 units per 10,000 employees). The
growth rate is attributed to the continued installations of the high volume of
robots, specifically in the electrical and electronics industry as well as in
the automotive industry. These robots work on the principle of machine learning
and natural language processing whose demand will increase in the manufacturing
industry for quality control of the products; thereby, propelling the growth of
the market.
Key questions
addressed by the report
·
What is the market growth rate during the forecast period?
·
Which segment/region dominates the market in the base year?
·
Which segment/region will project the fastest growth in the market during
the forecast period?
·
How COVID-19 will impact the market growth in 2020 and coming years?
·
Recovery Timeline
·
Deviation from the pre-COVID-19 forecast
·
Most affected region/segment
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Recommendations
·
Who is the leader in the market?
·
How players are addressing challenges to sustain growth?
·
Where is the investment opportunity?
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Asia-Pacific Manufacturing Execution System Market – Segmentation
By Deployment Type
·
Cloud-Based
·
On-Premises
By Industry
·
Automotive
·
Aerospace & Defense
·
Oil & Gas
·
Chemical
·
Food & Beverages
·
Healthcare
·
Others (Electronics, wastewater management)
Asia-Pacific manufacturing execution system Market – Segmentation by Region
·
China
·
India
·
Japan
Rest of Asia-Pacific
Company Profiles
·
ABB Ltd.
·
AVEVA Group plc
·
Dassault Systèmes S.A.
·
Emerson Electric Co.
·
General Electric Co.
·
Honeywell International Inc.
·
Oracle Corp.
·
Rockwell Automation, Inc.
·
Siemens AG
·
SAP SE
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