The research report segments the market by end users such as process industries and discrete industries. The report also features an insightful analysis of the five leading players in the market, including GE, Schneider Electric, and Siemens.
Technavio analysts predict the MES market in EMEA to grow at a CAGR of around 10% by the end of the forecast period. The rising demand for mass production in various industries in the EMEA region has led to the surge in adoption of MES software. European countries such as England, Germany and France have a major manufacturing presence in the market, while growth of the oil and gas exploration industries of African nations are also triggering market growth.
The new market research report from Technavio provides a breakdown and analysis of MES market by end-users.
The MES market is segmented into process and the discrete industries, where the latter occupies around 59% of the MES market. The majority of the contribution comes from the automotive, aerospace and defence, electrical and electronics and medical equipment industries.
MES market in discrete industries in EMEA
Source: Technavio Research
“Cloud based solutions are witnessing huge adoption among enterprises in the MES market as it offers secure reliable business solutions, and also allows manufacturers to adopt a customer-centric approach based on customer demand. Next-generation MES solutions are finding increased integration with SOA, aimed to deploy the MES applications in easy and flexible way to enrich user experience by increasing the overall lead time and hence the production rate,” says Navin Rajendra, Lead Analyst, Engineering and Automation, Technavio Research.
The five leading vendors in the MES market in EMEA are GE, Schneider Electric, Siemens, Dassault and Rockwell Automation. The market offers high market penetration opportunities for both local and international vendors. With the increase in industrialization in this region, the demand for MES solutions is expected to surge.
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