Albany, NY -- (SBWire) -- 06/09/2016 --Description
About the Manufacturing Execution Systems (MES) Market in Process Industries
Manufacturing execution systems (MES) had become popular in the mid-1990s, mainly in the semiconductor industry. These systems proliferated in other industrial applications that required improved shop floor control and visibility through real-time data collection and data analysis. MES help to manage and monitor work in a plant and on the field. These systems track all production processes through real-time data intelligence, improving efficiency and productivity, and ensuring quality products in a cost-effective and timely manner. They track minute-by-minute record of production, maintenance, distribution, quality, and labor operations irrespective of the physical location of the manufacturing units.
Technavios analysts forecast the Global Manufacturing Execution Systems (MES) market in process industries to grow at a CAGR of 16.86% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global manufacturing execution systems (MES) market in process industries for 2016-2020. To calculate the market size, we consider the revenue generated from sales and aftermarket services of MES in process industries.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Manufacturing Execution Systems (MES) Market in Process Industries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Emerson Electric
GE
Rockwell Automation
Schneider Electric
Siemens
Other prominent vendors
ABB
Accenture
Dassault Systmes
Honeywell International
HCL Technologies
Hitachi
MPDV
Parsec Automation
SAP
TCS
WERUM IT Solutions
Wipro
Market driver
Shift toward paperless production environment
For a full, detailed list, view our report
Market challenge
Need for high capital investment
For a full, detailed list, view our report
Market trend
Process industries moving toward cloud-based MES deployments
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Global Manufacturing Execution Systems Market in Process Industries to Grow at a CAGR of 16.86% During the Period 2016-2020
"The Report Global Manufacturing Execution Systems Market in Process Industries 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"