Table of Contents
Process standardization across plants located in different regions is key for accurate manufacturing intelligence. Further, the need for real-time visibility in manufacturing operations, the progressive transformation into a demand-driven economy, and the need to effectively manage evolving challenges will drive the market. This study provides market segmentation by end user, product component, and distribution channel. Market dynamics, such as drivers and restraints, have been discussed. Competitive and market share analyses have been included. The study also provides market revenue forecast until 2018.
The Indian MES market is expected to witness a compound annual growth rate (CAGR) of x%
between 2013 and 2018, and generate a revenue of x million in 2018.
Chemicals, food and beverage, and pharmaceuticals will be the fastest-growing end users over the forecast period.
End users in the process and discrete industries are expected to invest in MES, as it standardizes business processes across an enterprise. Increasing significance in terms of integrating the global value chain and the shift to standardized and sustainable production activities among end users is expected to drive growth and innovation in the MES space. Contribution from services will rise over the forecast period due to the standardization of global manufacturing practices, resulting in increased software customization. As the service component increases, system integrators will begin to play an important role in the MES market.
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