Research and Markets: North America MES Market 2015-2019 – Resurgence of Automotive Industry in US a Key Market Driver
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/gn292c/mes_market_in) has announced the addition of the “MES Market in North America 2015-2019” report to their offering.
The MES market in North America to grow at a CAGR of 11.42% during 2014-2019.
The report covers the present scenario and the growth prospects of the MES market in North America for the period 2015-2019. To calculate the market size, the report considers the revenue generated from various end-user industries.
The oil and mineral rich country along with its low-cost labor is attracting foreign players to invest over there. The Government of Mexico has increased FDI in several sectors to accelerate the industrial activity in the country. Thus, the rising manufacturing activities in Mexico will result in increased demand for MES solutions.
According to the report, the economic recovery in the country has boosted consumer confidence, resulting in the purchase of new vehicles by first time buyers and also replacement of old vehicles by pre-existing customers. Thus, automotive companies have to ramp up their production either by increasing their existing production capacity or establishing new ones.
Further, the report states that high initial investment for the installation of MES is hindering market growth. Organizations across process industries worldwide find it difficult to shift from their legacy system to the latest technology because of the high cost of MES solutions. MES requires huge investment not only for its installation, but also for regular upgrades and integration and support.
– Emerson Electric
– Honeywell International
– Rockwell Automation
– Schneider Electric
Other Prominent Vendors
– Andea Solutions
– Camstar Systems Inc.
– Operator System Aps
– Werum Software and System
For more information visit http://www.researchandmarkets.com/research/gn292c/mes_market_in
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