Press release
The EMI & MES Market Will Grow at a CAGR of 16.4% & 15.6% by 2020.
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Manufacturing Execution System (MES) is used by the manufacturers to retain specific manufacturing and engineering knowledge to counter the loss of manufacturing and engineering skills and experience. It is also used to analyse and report resource availability and status, schedule and update orders, to collect detailed execution data such as material usage, labour usage, process parameters, order and equipment status, and other critical information.
MES and EMI are among the rapidly growing manufacturing software and service markets. MES solutions make things happen in a plant, in a consistent manner, based on prior learning and expert knowledge, whereas EMI provides real-time plant status visibility, through dashboards, trending and data analysis, downtime and efficiency management, statistical process analysis and control. These solutions have a major role within the organisation, where it provides the manufacturing company with improved operations visibility and facilitating real-time decision-making.
The EMI market will grow at a CAGR of 16.4% during the forecast period 2015–2020. The MES market will grow at a CAGR of 15.6% during the forecast period 2015–2020. The growth is due to the increasing concern of visibility in the manufacturing cycle. Also, now companies require standardisation of all the processes involved in manufacturing due to which they started using EMI and MES solution. Moreover, manufacturing organisation is being compelled to adhere to the standards and regulations for manufacturing, pollution, energy, quality, etc.
Both MES and EMI solutions are widely used and have become an industry norm and a key differentiator across most industries. Now vendors are trying to offer both these solutions on the cloud. Some of the major players include ABB, Honeywell, GE, Rockwell, Siemens, and Schneider Electric. The report also includes companies to watch for such as Eazyworks, iTach Software, and Parsec Automation.
The study covers and analyses the “Manufacturing Execution System (MES) & Enterprise Manufacturing Intelligence (EMI)” market globally. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.
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Benefits:
The global manufactering execution system market report provides an in-depth analysis of the MES & EMI market globally. Bringing out the key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends and technologies related to the MES & EMI across all industries. The report provides a detailed analysis of the MES & EMI market in terms of product type, deployment, industries and regions.
The report gives insights about the
Regional Growth Opportunities:
In-depth analysis of 6 regions namely North America, Western Europe, Asia Pacific, Central Eastern Europe, Latin America and the Middle East & Africa
The regions are analysed according to the software, services, process and discrete industries
Current and predicted business strategies for the leading companies of the market such as Honeywell, ABB, General Electric, Rockwell Automation, Siemens, Schneider Electric, Dassault Systems, Paper-Less, Aspen Technology, and Emerson Electric. Total 15 companies are covered
The report helps the users to understand the challenges, impact of MES and EMI in verticals such as Chemical, Food & Beverages, Oil & Gas, Pulp & Paper, Life Sciences and Pharma, Power, Sugar & Bio Energy, Water & Waste Water Management, Automotive, Medical Device, Aerospace & Defense, FMCG, Modular Construction, Semiconductor & Electronics and Metal Precision & Fabrication
The report also gives information related to the latest industry and market trends, key stakeholders, industry pest analysis and competitive landscape
It includes implementation, opportunities and adoption rate of MES & EMI market in various industries
The report will be useful for the key stakeholders of the MES & EMI market such as solution providers, service providers, and technology enablers in the following ways:
Competitive analysis (i.e. current and future key business strategies of the competitors and their regional growth)
Drivers, growth opportunities and regional MES& EMI market trends
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