About the Manufacturing Execution Systems (MES) Market in Discrete Industries
Discrete industries face compressed schedules and the need to respond quickly to evolving customer preferences. They are also pushed to maximize the efficiency of production processes, better control material acquisition, lower manufacturing costs, improve quality, and reduce lead times.MES enable shop floor operators, technicians, and supervisors to record and monitor shop floor activities in an effective manner. These systems eliminate the non-value added activities on the shop floor and maximizes the plant productivity.
Technavio’s analysts forecast the global manufacturing execution systems (MES) market in discrete industries to grow at a CAGR of 16.66% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global manufacturing execution systems (MES) market in discrete industries for 2016-2020. To calculate the market size, we consider revenue generated from sales and aftermarket services of MES in discrete industries.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Manufacturing Execution Systems (MES) Market in Discrete Industries 2016-2020
Technavio recognizes the following companies as the key players in the global manufacturing execution systems (MES) market in discrete industries: Emerson Electric, GE, Rockwell Automation, Schneider Electric, and Siemens.
Other Prominent Vendors in the market are: ABB, Accenture, Dassault Systèmes, Honeywell International, HCL Technologies, Hitachi, MPDV, Parsec Automation, SAP, TCS, and Wipro.
Commenting on the report, an analyst from Technavio’s team said: “A current trend which is influencing the market is the adoption of cloud-based MES in discrete industries. Cloud-based MES-as-a-service is likely to be the next logical step in the evolution of automation technology in discrete industries. End-users are becoming more comfortable with the concept of service-based technology architecture. Automation providers and end-users can significantly reduce costs, achieve greater flexibility, and enhance functionality by shifting toward cloud-based environment.”
According to the report, a key growth driver is the integration of PLM, MES, and ERP. Manufacturing execution systems (MES), enterprise resource planning (ERP), and product lifecycle management (PLM) have traditionally been different parts of discrete manufacturing environment. However, these isolated systems together can help organizations create data to get an overall look of company's functioning. Discrete manufacturing industries such as automotive are leading the way with this integration. PLM in discrete industries focuses on product innovation and helps manufacturers to develop and launch profitable products. It contains all the information regarding product design and related manufacturing processes.
Further, the report states that one challenge that could restrict market growth is the high upfront and upgrading costs. MES are difficult to evaluate and expensive to own and maintain. Manufacturers often find difficult to realize adequate ROI by implementing MES due to the ever-changing IT landscape and various technological components involved.
Emerson Electric, GE, Rockwell Automation, Schneider Electric, Siemens, ABB, Accenture, Dassault Systèmes, Honeywell International, HCL Technologies, Hitachi, MPDV, Parsec Automation, SAP, TCS, Wipro.