Technavio Publishes New Industry Analysis on the MES Market in North America Through 2019

LONDON

Technavio has published a new report on the MES market in North America,which is expected to grow at a CAGR of more than 11% from 2015-2019.

About the Report

The new report by Technavio underlines the manufacturing companies that are adopting manufacturing execution system (MES) to improve their production costs and lead time. The implementation of this system helps in reducing the lead time of the production process by circulating real-time information across the plant.

“MES allows companies to maximize their operational efficiency by reducing production cycle time, work-in-progress inventory, lead time, and paperwork, thus helping companies remain competitive in the market,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes the development of customized MES solutions in North America by vendors, which is designed to meet specific industry requirements.

“This increasing trend of customized MES solutions is expected to propel the overall demand for MES in North America and boost the market growth in the forecast period,” adds Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the MES market in North America from 2015-2019. It considers revenue generated from various end-user industries such as automotive, oil and gas, power, aerospace and defense, chemical, and others.

Key Information Covered in the Report:

• Key Vendors:
  • ABB Ltd.
  • Emerson Electric Co.
  • GE Co.
  • Honeywell International Inc.
  • Rockwell Automation Inc.
  • Schneider Electric Corp.
• Market Growth Drivers:
  • Resurgence of automotive industry in US
  • For a full detailed list, view our report.
• Market Challenges:
  • High initial investment
  • For a full detailed list, view our report.
• Market Trends:
  • Increase in number of manufacturing facilities in Mexico
  • For a full detailed list, view our report.

Technaviocurrently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the manufacturing execution system market:

• Manufacturing Execution Systems (MES) Market in APAC 2015-2019
• Global Manufacturing Execution System Market 2011-2015

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150806005053/en/

Technavio Research
Jesse Maida
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UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
media@technavio.com