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Manufacturing Execution Systems Market worth $8.9 Billion by 2016

According to the market research report â€śManufacturing Execution System (MES) Market - Global Forecast and Analysis (2011-2016) By Applications Process Manufacturing Industries (Chemicals, Oil and Gas, Pulp and Paper, Food and Beverages, Water Waste Management, Power Etc.) , Discrete Manufacturing Industries (Automotive, Healthcare, Aerospace and Defense, FMCG Etc.).

Browse 67 tables and in-depth TOC on “Manufacturing Execution System (MES) Market "

Manufacturing Execution System (MES) delivers information that enables the optimization of production activities from order launch to finished goods. MES uses the current and accurate data, which results in rapid response to the changing conditions, coupled with a focus on reducing non-value-added activities. Real time data centrally stored and can be access by multiple departments, which avoid the duplication of records. MES works from scheduling and inventory management to the final delivery. All the processes are synchronized with the machine level operations and provide all the data to Enterprise Resource Planning (ERP).

MES (Manufacturing execution System) combines all the properties required for modern production management in a comprehensive software system. This system is the basic and operational platform for all the enterprises evolving towards the digital factory of the future.

The MES is basically a customized product which changes as per the demand and needs of the end user. The requirement of MES is different for different industries.MES solutions are increasingly used and recognized in the manufacturing industries. The manufacturing industries are basically categorized in to two types which are process and discrete industries. This trend is accelerated by the ongoing economic globalization which requires maximized competitiveness.

MES has changed the manual operations into paperless operations for faster data transfer and better decision making. Connected network of various MES systems is the prime feature of MES. This helps the senior managers to take decisions based on the real time data from across the borders.

MES categories the manufacturing industry into two major categories like discrete and process industry. MES has been used in process industries for a long time but discrete industries are very large in nature and have got more potential to grow for MES. Automobile, Healthcare, Aerospace and defense and FMCG are the major ones among discrete industry.

The Manufacturing Execution System Market was estimated to be $4.7 billion in 2011 and $8.9 billion by 2016 at a CAGR of 13.6% from 2011 to 2016.

Automotive, aerospace and defense and Fast Moving Consumer Goods (FMCG) are the major discrete industries applications driving the MES market. Similarly healthcare, food and beverages are driving the MES market in process industry applications.

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