TechNavio today launched its Manufacturing Execution Systems (MES) Market in North America 2011“2015 report based on an in-depth study exclusively focusing on North America. The report aims to aid decision makers™ understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Engineering Services team said, Manufacturing Execution Systems (MES) vendors in North America have now begun to develop customized solutions specific to industry requirements. Meeting all the requirements of the Manufacturing industry is, however, one of the major challenges facing the market, because there is a lack of standardization in the market. Therefore, market vendors have begun to provide customized MES solutions through the development of a common platform. Thus, the increasing demand for tailored MES products is expected to increase the demand for MESs in North America.
According to the report, manufacturing companies implement MESs to reduce their lead time and speed up their time-to-market. MESs plays a vital role in manufacturing companies, because they help improve the overall efficiency of the production process. In addition, MESs reduce manufacturing costs such as warranty costs, inventory costs, product recall costs, product error costs, and downtime costs. Therefore, manufacturing companies depend on MESs to improve the overall efficiency of their production process by reducing both lead time and manufacturing costs.
The report also reveals that lack of support for MES implementation is one of the major challenges facing the MES market in North America.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/manufacturing-execution-systems-market-nort…
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TechNavio Announces the Publication of its Report “ Manufacturing Execution Systems Market in North America 2011“2015
