TMR Research introduces an in-depth report on Manufacturing Execution System market. It takes in consideration the various parameters to compile a detailed report, titled “Manufacturing Execution System Market â€" Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017 â€" 2025â€. With the improvement in the global economic condition and advancement in the technology, several industries are looking to enhance and explore their manufacturing processes.
The report takes in to account the various causes such as strict government regulations, which have led to increase in demand for manufacturing execution systems on a global scale. However, there is a high base cost and additional expenses included in the maintenance, upgradation, and customization of these systems, which are expected to hamper its growth in the market, especially in emerging and underdeveloped economies and medium scale industries. But, the global market for manufacturing execution system is expected to grow anyway due to endless advantages of automation and digitization such as improved compliance, visibility, and increased productivity of a manufacturing project.
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Some of the significant advantages of MES are accuracy in capturing of cost-information (e.g. labor, scrap, downtime, and tooling), increased operating time, paper less workflow of activities, reduced waste, re-work and scrap, including quicker setup times and reduced inventory, through the eradication of just-in-case inventory.
The other notable factors expected to drive the global manufacturing execution systems market include adoption and experimentation in automation sector, which requires high productivity and improved industrial process without putting in much efforts manually. Over the years, the scope of this industry has risen for various activities such as resource management, resource planning, collection of data, digitization of log book, production performance analysis and monitoring floor work by keeping a track of all the information in real-time. The growing automotive manufacturing in the countries such as China and Japan are expected to drive the growth of the manufacturing execution system market in Asia Pacific region.
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Honeywell International, Inc., General Electric Co., Operator System Aps, Schneider Electric S.A., Apriso Corporation, Werum Software and Systems, Rockwell Automation, Inc., Andea Solutions Sp. Z.O.O., CDC Software Corporation, SAP AG, Camstar Systems Inc, Siemens AG, ABB Ltd., Kpit Cummins, Eyelit Inc., and Emerson Electric Co. are some of the leading names to look for in the manufacturing execution system industries. Due to broad adoption of automation in the industrial sector and soaring demand for improvement in industrial processes to make it cost effective and efficient it is expected to see a vast growth in future.
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