Manufacturing Execution System (MES) Market: Trends, outlook and Opportunity Analysis 2017 - 2025
The demand within the global manufacturing execution system (MES) market is growing on account of advancements in the secondary sector. The essence of industrial manufacturing lies in achieving agility of operations, and reducing the cost and time per unit of production. Furthermore, industrial units have shown immense enthusiasm in embracing computing technologies that can accelerate the process of manufacturing. In a report by Transparency Market Research (TMR), the total value of the global manufacturing execution system (MES) market is expected to touch US$ 18,067.9 Mn by 2025. Besides, the global manufacturing execution system (MES) market is projected to expand at a CAGR of 11.2% over the period between 2017 and 2025. Improving Dynamics of the Manufacturing Sector The oil and gas industry has become an important consumer of manufacturing execution systems. The need to expedite processes across this industry has created fresh opportunities within the marke...