DUBLIN, Apr. 15, 2014 /PRNewswire/ --
Research and Markets
(
http://www.researchandmarkets.com/research/mqb5ph/mes_market_in
) has announced the addition of the
report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769)
The analysts forecast the MES market in North America to grow at a CAGR of 11.93 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for better control and visibility. The MES market in North America has also been witnessing the increasing demand for MES solutions. However, the high initial investment could pose a challenge to the growth of this market.
The report, the MES Market in North America, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the North America region; it also covers the MES market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Web-based MES provides complete real-time information from production plants, which increases the visibility of the production process. A web-based MES integrates with various production plants at the shop floor level and shares the information gathered through a common database. Thus, it helps improve the decision-making system and reduces the overall total cost of ownership. Therefore, the cost effectiveness of this solution is expected to enhance the demand for web-based MESs in many cost-sensitive industries.
According to the report, one of the major drivers is the need for better control and visibility. An MES provides better control and visibility of an entire production plant, which attracts manufacturing companies to adopt
.
Further, the report states that a major challenge in the market is the high initial investment. Organizations across process industries worldwide find it difficult to shift from their legacy system to the latest technology due to the high cost of MES solutions. MES requires huge investment not only for its installation, but also for regular upgrades and integration and support.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. Scope of the Report
03. Market Research Methodology
04. List of Abbreviations
05. Introduction
06. Market Landscape
07. Market Segmentation by End-users
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
16. Key Vendor Analysis
17. Other Reports in this Series
Companies Mentioned:
- ABB Ltd.
- Applied Material Inc.
- Apriso Corp.
- Aspen Technologies Inc.
- Camstar Systems Inc.
- Emerson Process Management
- Eyelite Inc.
- GE Co. and Rockwell Automation Inc.
- Honeywell International Inc.
- IBM Corp.
- Invensys plc
- Oracle Corp.
- SAP AG
- Schneider Electric Co.
- Siemens AG
- Werum Software & Systems AG.
For more information visit http://www.researchandmarkets.com/research/mqb5ph/mes_market_in
Media Contact:
Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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