Industrial Digital Transformation Drives Growth in Manufacturing Execution Systems Markets According to New ARC Research
Industry: Information Technology
Separate ARC Advisory Group research on the markets for both the Manufacturing Execution Systems (MES) for the Discrete Industries and the MES for the Process Industries reveals that newer technologies including visualization, critical applications, and analytics are being embedded into MES, further enhancing their value proposition.
Dedham, MA (PRUnderground) December 10th, 2019
Separate ARC Advisory Group research on the markets for both the Manufacturing Execution Systems (MES) for the Discrete Industries and the MES for the Process Industries reveals that manufacturing execution systems are a key technology for industrial digital transformation and smart manufacturing. The implementation of modern technologies and interoperable MES platforms across the enterprise are key to improving performance and optimizing value in both discrete manufacturing factories and in process plants such as refineries, petrochemical plants, power generation plants, paper and steel mills, and food and beverage plants. Newer technologies, applications, platforms and products are impacting innovation and efficiency in the MES space and new modular applications that interoperate and enable collaboration in existing and emerging markets.
“New interoperable MES platforms are being designed to accommodate new technologies, including digitization, Big Data, Cloud, advanced/predictive analytics, augmented and virtual reality, additive manufacturing (3D printing), robotics, drones, and other devices and sensors. These platforms will be able to assimilate IoT data in real time and integrate with more advanced operational technology systems including edge and cloud. It will also enable enterprise-wide visibility, interoperability, and operator guidance,” according to Janice Abel, Principal Consultant at ARC Advisory Group and key author of ARC’s separate market analysis reports on MES for Discrete Industries and MES for Process Industries.
About the Manufacturing Execution Systems Market Research
Each of these two ARC research reports on the MES for the discrete manufacturing and process industries, respectively, explores current and historical market performance and related technology and business trends, discusses best practices, identifies leading technology suppliers, and provides five-year global forecasts for the respective markets. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling and forecasting techniques. The research includes competitive analysis, plus five-year market forecasts by industry, function, revenue category, sales channels, and customers. ARC has been tracking the MES space for over two decades.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes one year of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, go to www.arcweb.com/market-studies.
About ARC Advisory Group
ARC Advisory Group is the leading market research and advisory firm for industry and infrastructure. ARC analysts have the industry knowledge and firsthand experience to help clients find the best answers. ARC Advisory Group, 781-471-1000, www.arcweb.com.
About ARC Advisory Group
Founded in 1986, ARC Advisory Group is the leading technology research and advisory firm for industry, infrastructure, and cities. ARC stands apart due to our in-depth coverage of both operational technologies (OT) and engineering technologies (ET) and associated business trends. Our analysts and consultants have the industry knowledge and the first-hand experience to help our clients find the best answers to the complex business issues facing organizations today. We provide our technology supplier clients with strategic market research, and help our end user clients develop appropriate adoption strategies and select the best technology solutions for their needs.