[February 16, 2012] Research and Markets: The MES Europe Market Is Expected To Grow At A CAGR Of 9 Percent over the 2010-2014 Period Tweet Feb 16, 2012 (M2 PRESSWIRE via COMTEX) -- Research and Markets(http://www.researchandmarkets.com/research/10df77/manufacturing_exec) has announced the addition of the "Manufacturing Execution System Market in Europe 2010-2014" report to their offering. One of the key factors contributing to this market growth is the need for real-time information to increase operational efficiency. The MES Europe market has also been witnessing an increase in development of tailored MES products. However, increasing threat from open source MES software could pose a challenge to the growth of this market. Key vendors dominating this market space are Invensys plc., Siemens AG, Rockwell Automation Inc., and GE Company. The report focuses on the MES Europe market. This market covers Manufacturing Execution System (MES) software and does not include other engineering software solutions such as CAD, CAM, and CAE. This report also covers the vendor landscape of the MES market vendors and the corresponding detailed analysis of the top four vendors. Commenting on the report, an analyst from TechNavio's Engineering Software team said, The MES systems have seen more applications, apart from the Engineering sector. MES systems are also being used by several other industries such as Pharmaceutical and Paper. Further, as the Pharmaceutical industry has unique demands with several compliances, the MES vendors have started to develop industry-specific MES solutions. TechNavio's report highlights that with the need to increase manufacturing efficiencies across the industries; several companies are in increasing need of real-time plant information. An MES solution thus interacts with the machines, robots, and controllers in the organizations, and thereby obtains input from the concerned operators. This enables the MES end-users to get real-time information about the operational performance of several industrial processes such as manufacturing, production, assembly and other machine-related information from the shop floor, to a higher degree of granularity. Key findings from the report: - Higher Integration Costs - Emergence of Cloud-based MES systems - Higher Costs Decreases Investment in MES Software For more information visit http://www.researchandmarkets.com/research/10df77/manufacturing_exec CONTACT: Research and Markets Laura Wood, Senior Manager, [email protected] U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 ((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [email protected]. [ Back To TMCnet.com's Homepage ]