Keywords: Collaborative Production Management (CPM), Manufacturing Execution Systems (MES), Market Growths, Process Industries, China Market Research Study, China Market
The market for Collaborative Production Management (CPM) systems (also referred to as MES for the process industries) in China is largely driven by requirements to conserve energy, reduce emissions, comply with regulations, and improve operations. Government policies encouraging industrial “informatization” and new laws and regulations related to food and drug manufacturing are positive factors that boosted the CPM market last year. According to ARC Advisory Group’s new “Collaborative Production Management for Process Industries in China Market Research Study”, the high growth of China’s market highlights the emphasis that companies now place on standardization and making their manufacturing operations more efficient and the value they obtain from their CPM investments.
Even with economic uncertainty, ARC expects that the industry dynamics will continue to drive the overall CPM-P market growth positively in 2015 and beyond.
According to Rex Sun, principal author of this study, “Through more than 10 years in diverse process industry applications, China’s process manufacturers have realized the value of CPM solutions. Today, as they face severe competition and rising labor, raw materials and energy costs, the need to implement CPM solutions only increases and will continue to do so in the coming years.” He added that only with leading-edge technology solutions can companies successfully compete and win in China’s marketplace.
Today, the refining & petrochemical, chemical, mining & metals, and power generation sectors are the main areas for CPM applications. With many successful implementations in these industries, we will see wider adoption of CPM solutions in other process industries, including food & beverage, pharmaceutical & biotech, and others. Another trend is that today, more and more SMEs are demonstrating interest in CPM, since they are strongly motivated to improve their operation efficiency and global competiveness.
Today’s CPM software is growing and is impacted by the same trends that shape China’s economy. A multitude of market forces are converging to change how businesses are run. These include a connected, mobile, and digitized – but less predictable – operating environment; tension between rapidly rising resource consumption, demand, and sustainability; an unprecedented explosion in data across business and society; and a workforce that expects more from technology and applications.
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