Today: November 29, 2015, 4:55 pm

Global MES market: 11.7% CAGR growth forecast between 2012-16
Global MES Market 2012-2016 - a new market research report on 2014-03-26 08:26:02
The Global MES market is to grow at a CAGR of 11.71 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve the decision-making system. The Global MES market has also been witnessing the development of web-based MES solutions. However, the reluctance in migrating to the latest technology could pose a challenge to the growth of this market.

Web-based MES software provides complete real-time information from production plants. A web-based MES integrates with various production plants at the shop floor level and shares the information gathered through a common database. With web-based MES, customers get many advantages and benefits such as cost-effective solutions and support, increased efficiency, lower operating expenses, and a lower level of complexity. Thus, it helps improve the decision-making system and reduces the overall total cost of ownership. Therefore, the cost-effective web-based MES solution is expected to enhance the market potential for many cost-sensitive industries during the forecast period.

One of the major drivers is the need to improve decision-making systems. An MES provides better control and visibility of the entire production plant and also integrates various manufacturing operations such as production planning, scheduling, order processing, inventory management, and bill of materials, which attracts manufacturing companies to adopt MES solutions.

A major challenge in the market is a reluctance to use the latest technology. Several organizations across various process and discrete industries globally, find it difficult to shift from their legacy system to the latest technology due to issues of the interoperability and compatibility with the existing systems.

The key vendors dominating this market space are GE Co., Invensys plc, Rockwell Automation Inc., and Siemens AG.

Other vendors are ABB Ltd., Applied Material Inc., Apriso Corp., Aspen Technologies Inc., Camstar Systems Inc., Emerson Process Management, Eyelite Inc., Honeywell International Inc., IBM Corp., Oracle Corp., SAP AG, Schneider Electric Co., and Werum Software & Systems AG.

Click for report details: ..

Browse all Industrial Market Research Reports ..

Browse all Industrial Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 517 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.