Manufacturing Execution Systems Market Will Grow Rapidly In Coming Years
Manufacturing Execution Systems Industry The global manufacturing execution systems market size is anticipated to reach USD 29.88 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 10.8% from 2024 to 2030, driven by the advances in computer vision and Machine Learning (ML) technologies. Manufacturing Execution Systems (MES) can accomplish quality inspection, automated monitoring & control, inventory management, safety compliance, and process optimization by leveraging computer vision and predictive maintenance, quality control, demand forecasting, production process optimization, and supply chain management using ML. Governments worldwide are increasingly recognizing the importance of implementing digital transformation in the manufacturing industry and subsequently encouraging and supporting the adoption of new, innovative solutions, such as MES, which are based on the latest, advanced tec...