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Global Digital Manufacturing Market in Discrete Industries, Forecast to 2022
Global Digital Manufacturing Market in Discrete Industries, Forecast to 2022
The Rise of Industry 4.0 has Created Enhanced Digitalisation, Driving Increased Manufacturing Flexibility, Speed, High Quality Control, Precise Customisation, and Improved Productivity
RELEASE DATE
09-May-2019
09-May-2019
REGION
Global
Global
Research Code: K25E-01-00-00-00
SKU: IA01514-GL-MR_23141
$4,950.00
In stock
SKU
IA01514-GL-MR_23141
Description
In today’s competitive environment, companies are striving to use cutting-edge technology to stay ahead of the competition. Digital manufacturing is a subset of Product Lifecycle Management (PLM) and is an integrated approach to use computer technology for simulation, 3D visualization, and analytics to support manufacturing processes and improve the overall product efficiency. Digital manufacturing processes, coupled with digital manufacturing simulation, support process planning, streamlined simulation of operations, and collaborative communication. Digital manufacturing allows manufacturers to effectively plan production, thereby, decreasing production cost in a streamlined fashion.
The concept of PLM has been widely accepted by manufacturers and is considered to be an important approach to product strategy. The proliferation of technologies and their applications within the shop floor processes have created a lot of excitement among the small- and medium-sized manufacturers. The global digital manufacturing market for discrete industries achieved a moderate growth of 7.48% in 2017. It is expected to grow at a CAGR of 8.04%, owing to the rapid pace of technological advancements.
Research Highlights
The market is very competitive and in order to remain competitive, end users demand advanced manufacturing processes to minimize errors and improve product quality and lifecycle. The research aims to identify the various drivers and restraints impacting the digital manufacturing market for discrete industries. The study also provides information on key end users like automotive and transportation, aerospace and defence, heavy machinery, and hi-tech electronics and discusses opportunities for digital manufacturing in these industries. Growth opportunities and actions to capitalise on them have also been included in the study.
Companies such as Dassault Systèmes, Siemens PLM, Autodesk, and PTC dominate the digital manufacturing market in discrete industries. Their strong position in the market is attributed to diverse product portfolios, robust distribution networks, and diverse application coverage. Digital manufacturing applications are likely to increase during the forecast period, owing to companies looking for opportunities to increase profitability by decreasing lead times and improving production efficiency.
Key Issues Addressed
- Is the market growing, how long will it continue to grow, and at what rate?
- How would discrete industries evolve to provide opportunities for digital manufacturing?
- What are the main competitive factors for participants in the market and how is the competitive landscape?
- How will the structure of the market change with time?
- What are the key growth opportunities for market participants and how can they be addressed?
- Which end-user industries have a high growth potential?
Table of Contents
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Key Questions this Study will Answer
Market Overview—Definitions
Market Overview—Scope of Research
Market Overview—Segmentation
Market Drivers
Drivers Explained
Drivers Explained (continued)
Drivers Explained (continued)
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Per Cent Revenue Forecast by Region
Revenue Forecast by Region
Revenue Forecast Discussion by Region
Revenue Forecast by Vertical Market
Revenue Forecast Discussion by Vertical Market
Market Share—Competitive Analysis
Market Share Analysis
Competitive Environment
Competitive Factors and Assessment
Growth Opportunity 1—Digitise the Manufacturing Processes
Growth Opportunity 2—Upsurge in Discrete Industries
Growth Opportunity 3—Customer Service Enhancement
Strategic Imperatives for Success and Growth
Automotive and Transportation Segment Key Findings
Automotive and Transportation Segment—Market Engineering Measurements
Automotive and Transportation—Revenue Forecast
Automotive and Transportation Segment—Revenue Forecast Discussion
Aerospace and Defence Segment Key Findings
Aerospace and Defence Segment—Market Engineering Measurements
Aerospace and Defence Segment—Revenue Forecast
Aerospace and Defence Segment—Revenue Forecast Discussion
Industrial and Machinery Segment Key Findings
Industrial and Machinery Segment—Market Engineering Measurements
Industrial and Machinery Segment—Revenue Forecast
Industrial and Machinery Segment—Revenue Forecast Discussion
Hi-tech and Electronics Segment Key Findings
Hi-tech and Electronics Segment—Market Engineering Measurements
Hi-tech and Electronics Segment—Revenue Forecast
Hi-tech and Electronics Segment—Revenue Forecast Discussion
Others Segment Key Findings
Others Segment—Market Engineering Measurements
Others Segment—Revenue Forecast
Others Segment—Revenue Forecast Discussion
North America—Market Engineering Measurements
North America—Revenue Forecast
North America—Revenue Forecast Discussion
Europe—Market Engineering Measurements
Europe—Revenue Forecast
Europe—Revenue Forecast Discussion
Asia-Pacific—Market Engineering Measurements
Asia-Pacific—Revenue Forecast
Asia-Pacific—Revenue Forecast Discussion
RoW—Market Engineering Measurements
RoW—Revenue Forecast
RoW—Revenue Forecast Discussion
The Last Word
Legal Disclaimer
Market Engineering Methodology
List of Other Companies
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
Popular Topics
In today’s competitive environment, companies are striving to use cutting-edge technology to stay ahead of the competition. Digital manufacturing is a subset of Product Lifecycle Management (PLM) and is an integrated approach to use computer technology for simulation, 3D visualization, and analytics to support manufacturing processes and improve the overall product efficiency. Digital manufacturing processes, coupled with digital manufacturing simulation, support process planning, streamlined simulation of operations, and collaborative communication. Digital manufacturing allows manufacturers to effectively plan production, thereby, decreasing production cost in a streamlined fashion.
The concept of PLM has been widely accepted by manufacturers and is considered to be an important approach to product strategy. The proliferation of technologies and their applications within the shop floor processes have created a lot of excitement among the small- and medium-sized manufacturers. The global digital manufacturing market for discrete industries achieved a moderate growth of 7.48% in 2017. It is expected to grow at a CAGR of 8.04%, owing to the rapid pace of technological advancements.--BEGIN PROMO--
Research Highlights
The market is very competitive and in order to remain competitive, end users demand advanced manufacturing processes to minimize errors and improve product quality and lifecycle. The research aims to identify the various drivers and restraints impacting the digital manufacturing market for discrete industries. The study also provides information on key end users like automotive and transportation, aerospace and defence, heavy machinery, and hi-tech electronics and discusses opportunities for digital manufacturing in these industries. Growth opportunities and actions to capitalise on them have also been included in the study.
Companies such as Dassault Systèmes, Siemens PLM, Autodesk, and PTC dominate the digital manufacturing market in discrete industries. Their strong position in the market is attributed to diverse product portfolios, robust distribution networks, and diverse application coverage. Digital manufacturing applications are likely to increase during the forecast period, owing to companies looking for opportunities to increase profitability by decreasing lead times and improving production efficiency.
Key Issues Addressed
- Is the market growing, how long will it continue to grow, and at what rate?
- How would discrete industries evolve to provide opportunities for digital manufacturing?
- What are the main competitive factors for participants in the market and how is the competitive landscape?
- How will the structure of the market change with time?
- What are the key growth opportunities for market participants and how can they be addressed?
- Which end-user industries have a high growth potential?
| No Index | No |
|---|---|
| Podcast | No |
| Author | Anisha Nikash Dumbre |
| Industries | Industrial Automation |
| WIP Number | K25E-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9B07-C1,9593,9420 |