Transition Towards Paperless Operations Drives the Global Manufacturing Execution Systems Market, According to a New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) May 28, 2015 -- Follow us on LinkedIn – Manufacturing Execution Systems (MES) represent a vital cog in the present day manufacturing industry by assuming an intermediary role that integrates information systems on the plant floor with business systems in the corporate office. With manufacturing firms globalizing their production operations, MES is proving to be a valuable tool in providing enhanced plant visibility and in streamlining multi-plant operations. MES systems are software solutions that initiates, responds, reports and communicates all production specific details starting from order receipt to the finished product, with the aim of enabling manufacturers to make better, faster and more competitive decisions. MES solutions are engineered to access bill of materials (BOM), routing and other vital data from the ERP system, while relay information on current plant floor conditions back to the planning level systems including ERP.
With traditional paper based record-keeping systems highly prone to human errors, the urgent need to transition to a paperless manufacturing is driving the acceptance of software-based alternatives such as MES. Rise in industrial automation, compliance to stringent government regulations, and the need to reduce production costs, shorten lead times, earn faster return on investment, and achieve operational excellence, are driving growth in the market. Future adoption of MES will be driven by manufacturer’s focus on providing access to MES functionality to their partners across the distributed manufacturing network. Discrete manufacturing industries will drive growth in the market, with companies deploying MES solutions for efficient management of complex production processes. Integration of MES with other manufacturing solutions such as Product Lifecycle Management (PLM), and warehouse management, is a notable trend in the market. Moreover, advancements in cloud computing, industrial mobility and Big Data analytics are all expected to result in the emergence of next-generation MES software and solutions that enable real time data analysis. Small-to-medium sized discrete manufacturing industries current ranks as lucrative customer clusters for MES.
As stated by the new market research report on Manufacturing Execution Systems, Europe represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 11% over the analysis period. Key factors driving adoption of MES solutions in the region include steady economic growth, rising GDP, favorable government policies, rapid industrialization, and continued shifting of production bases to low cost Asian countries.
Major players in the market include ABB Limited, Accenture Plc, Andea Solutions sp. z o.o, Aptean, Dassault Systèmes, Emerson Electric Company, Eyelit Inc., Fujitsu Limited, General Electric Company, HCL Technologies Limited, Honeywell International Inc., iBASEt, Krones AG, Operator Systems ApS, Prevas AB, Rockwell Automation Inc., SAP SE, Schneider Electric SE, Siemens AG, Werum IT Solutions GmbH and Yokogawa Electric Corporation, among others.
The research report titled “Manufacturing Execution Systems (MES): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of global companies. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets), Asia-Pacific (China and Rest of Asia-Pacific), Latin America (Brazil and Rest of Latin America), and Rest of World.
For more details about this comprehensive market research report, please click here
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.
###
Public Relations, Global Industry Analysts, Inc., http://www.StrategyR.com/, +1 408-528-9966, [email protected]
Share this article