North American Manufacturing Execution System Market 2020 Size, Growth Analysis Report, Forecast to 2026
The North American manufacturing execution system market is projected to grow at a significant CAGR during the forecast period (2020-2026). The growth in automotive manufacturing further provides ample growth to the market. According to the International Organization of Motor Vehicle Manufacturers, in 2018, around 17.4 million units of the automobile were manufactured in the North America region and over 11 million units were produced in the US alone. The growth in the automobile industry in the region has further generated the demand for an automated warehousing system to manage automotive parts more efficiently. Hence, the need to implement a manufacturing execution system in the automobile industry in the region is anticipated to drive the growth of the market.
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Moreover, the manufacturing industry
has been considerably contributing to the total US GDP, and the National
Association of Manufacturers calculates that every dollar in output from
manufacturing generates an additional $1.89 of value and every direct job
creates 2.5 additional jobs. As per the National Association of Manufacturers,
manufacturers contributed $2.38 trillion to the US economy in the fourth
quarter of 2018. Therefore, the manufacturing industry has significant growth
in the industry and further provides ample scope for market growth. Along with
that, the favorable government initiatives in product development and
innovation along with the collaboration between the private and government
sector to develop automation technology in the region further projected to
contribute to the growth of the market.
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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
·
Recommendations
·
Who is the leader in the market?
·
How players are addressing challenges to sustain growth?
·
Where is the investment opportunity?
North American 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)
North American manufacturing execution system Market – Segmentation by
Region
·
United States
·
Canada
Company Profiles
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42Q
·
ABB Ltd.
·
Aegis Industrial Software Corp.
·
Emerson Electric Co.
·
Eyelit, Inc.
·
General Electric Co.
·
Honeywell International Inc.
·
Oracle Corp.
·
Rockwell Automation, Inc.
·
Siemens AG
·
SAP SE
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