- Global MES Market to grow at a CAGR of 11.71 percent during the period 2012-2016
According to the latest research findings by the independent London-based global research firm TechNavio, Invensys is the leading vendor in the Global MES Market for the 2012-2016 forecast period.
Speaking on this occasion, one of the senior analyst and co-author of this report said, “Invensys is dominating the Global MES market because of its cutting-edge technology for the development of its superior, state-of-the-art, user-friendly and reliable MES solutions. The company has a wide presence across various discrete and process industries such as oil and gas, chemical, automotive and petrochemical. In addition, the company provides consistent service and support to its end-users, which is helping it to retain the leading position in the Global MES market.”
Some of the other vendors with a major presence in the Global MES Market include Siemens, Rockwell Automation and GE. These vendors collectively accounted for 50-58 percent of the Global MES market in 2012. All these vendors are competing with innumerable regional and local vendors in terms of quality, features, and solution capability to remain the leaders in the MES market.
During the forecast period, the competitive business environment in this market will intensify, with increasing product extensions, technological innovations, and increasing mergers and acquisitions. International vendors will be growing inorganically during the forecast period by acquiring regional or local vendors. Moreover, the need for high levels of capital investment will be acting as barriers for the expansion of regional and local vendors.
To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance.
If you are interested in more information on this topic and our upcoming research on the Global MES Market 2012-2016 please send an e-mail to media@TechNavio.com.
About TechNavio
TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.
TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.
TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of the Global MES Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.
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