The MES Market Was Estimated To Be 12.66 Billion By 2020
Date: 4/7/2014 The Manufacturing Execution System (MES) Market Was Estimated To Be $6.76 Billion in 2014 and $12.66 Billion by 2020 at a CAGR of 11.02% from 2014 to 2020 MES Market by Applications Include Process Industries- Chemicals, F&B, Oil & Gas, Pulp & Paper, Life Sciences Power, Water & Wastewater Management; Discrete Industries- Automotive, Medical Devices, Aerospace & Defense, FMCG Manufacturing Execution System (MES) has transformed the conventional manufacturing unit into a modern service center. MES focuses more on improving process capability than production capability. MES has helped manufacturers to achieve high productivity at reduced cost in short time, and over a period, manufacturers have improved on overall manufacturing process as well. The involvement of information technology in manufacturing processes has increased over the last few years. Information technology is used to improve the overall result. MES has helped many industries to improve their processes, which has led to a sustainable improvement. MES has changed the manual operations into paperless operations for faster data transfer and better decision making. Connected network of various MES systems such as at plant level, production site and process site is the biggest feature of the MES technology. This has helped senior managers to make decisions based on the real time data from across the borders. Discrete and process industries are two major categories of the manufacturing sector that MES serves. MES has been used in process industries for a long time but discrete industries are very large in nature and have the potential to grow for MES to be implemented. Automobile, healthcare, aerospace and defense, and fast-moving consumer goods (FMCG)/consumer packaged goods (CPG) are the major domains in the discrete industry. Markets Covered This report contains a detailed outline of the market related to Manufacturing Execution System (MES) and details of its operations. It also highlights the applications of MES in various industries and segmentation based on those applications. Geographical segmentation of the MES market in North America, Europe, Asia-Pacific, and Rest of the World has been covered as well. This report profiles companies that are the major players, and active in this market. The report provides the competitive landscape of the players, which covers the key growth strategies followed by all the major players involved in the MES market. Browse the MES market was estimated to be $6.76 billion in 2014 and $12.66 billion by 2020 at a CAGR of 11.02% from 2014 to 2020.Market". http://www.marketsandmarkets.com/Market-Reports/manufacturing-execution-systems-mes-market-536.html CONTINUATION: Human Machine Interface (HMI) Panels and Enhanced Operator Interface Terminals Improve Industrial Automation and Process Control Efficiency
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