Research and Markets: Global Manufacturing Execution System Market 2011-2015: The Market Receives the Majority of Its Revenue from Discrete Industries
Nov 13, 2012 (M2 PRESSWIRE via COMTEX) --
Research and Markets (http://www.researchandmarkets.com/research/cm3zqc/global) has announced the addition of the "Global Manufacturing Execution System Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Manufacturing Execution System market to grow at a CAGR of 11.7 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand from discrete manufacturing industries. The Global Manufacturing Execution System market has also been witnessing emerging demand for MES solutions for mobile computing devices. However, the high total cost of ownership could pose a challenge to the growth of this market.
Key vendors dominating this market space include Invensys plc., Siemens AG, Honeywell International Inc., and GE Co.
Other Vendors: Rockwell Automation Inc., Emerson Process Management, ABB Ltd., Schneider Electric Co., Aspen Technologies Inc., Camstar Systems Inc., Applied Material Inc., Apriso Corp., Eyelite Inc., IBaset, Werum Software and Systems AG, Oracle Corp., SAP AG, and IBM Corp.
Commenting on the report, an analyst from TechNavio's Engineering team said: "Many vendors are increasingly developing manufacturing execution system (MES) solutions for mobile computing devices. Increasing adoption of smartphones is one of the major drivers for the development of mobile MES software. Also, mobile-based MES enables collaborative and real-time information. Large MES vendors have begun to offer MES software that is compatible with mobile device hardware and operating systems. Therefore, the development of MES software for mobile computing devices is expected to enhance the market potential during the forecast period."
According to the report, one of the major growth drivers is the increasing demand from discrete manufacturing industries. The discrete industries across the globe are growing at a rapid rate, which in turn creates more opportunities for MES software.
For more information visit http://www.researchandmarkets.com/research/cm3zqc/global
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