Boston, MA -- (SBWIRE) -- 02/06/2017 -- DM is one of the emerging PLM solutions in the world. The adoption of DM allows the engineers to create a virtual environment of the manufacturing process starting from product definition to manufacturing. It creates digital models of tools, assembly lines, work centers, plant layout, and resources. DM provides simulation, visualization, analytics, and collaboration to develop and manufacture products. DM smoothens the flow of product and plant information without hampering consistency in product designing during a change in processes.

Technavio's analysts forecast the global digital manufacturing market in the electrical and electronics industry to grow at a CAGR of 7.61% during the period 2017-2021.

Get More Details on this Report and a Full Table of Contents at Global DM In Electrical and Electronics Market 2017-2021

Covered in this report

The report covers the present scenario and the growth prospects of the global digital manufacturing market in the electrical and electronics industry market for 2017-2021. To calculate the market size, the report considers only DM software for revenue generation. New software licenses revenue is realized from the fee earned by the vendors from providing DM software to the customers.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Digital Manufacturing Market in The Electrical and Electronics Industry 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Autodesk
-Mentor Graphics
-Siemens PLM Software
-Dassault Systemes
-PTC

Other prominent vendors

-CAD Schroer
-Open Factory 3D
-Bentley

Market driver

-Growing use of DM for improved traceability
-For a full, detailed list, view our report

Market challenge

-Threat of pirated software
-For a full, detailed list, view our report

Market trend

-Availability of cloud-based services
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Autodesk, Mentor Graphics, Siemens PLM Software, Dassault Systemes, PTC, CAD Schroer, Open Factory 3D,, Bentley

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