Portland, OR -- (SBWIRE) -- 10/05/2017 -- Discrete manufacturing technique is used to manufacture distinct products as it is capable of being easily seen, touched, and counted. Further, product lifecycle management helps the enterprise to improve efficiency and lower the manufacturing cost. SAP SE, Siemens AG, Infor are some of the key players of the discrete manufacturing and PLM market.

Demand for PLM systems has increased significantly to reduce the manufacturing cost and increase the lifecycle of the product. Further, the rise in demand for public transport by the government fuels the market. However, PLM implementation is time-consuming which is expected to hinder the growth of the market.

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The global discrete manufacturing and PLM market is segmented on the basis of application, industry vertical, and geography. On the basis of application, the market is divided into product data management, life cycle analysis, process & project management, and enterprise content management. Further, on the basis of industry vertical, the market is segmented into industrial manufacturing, high tech, automotive, aerospace & defense, and equipment. On the basis of geography, the market is classified into North America, Europe, Asia-Pacific, and LAMEA.

SAP SE, Siemens AG, Infor, EtQ, C3Global, IBM Corporation, Autodesk, PTC Inc., Dassault Systemes, Arena Solutions are some of the leading key players in global the market.

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Key Benefits:

-This report provides an extensive analysis of the current and emerging market trends and dynamics in the global discrete manufacturing and PLM market.

-In-depth analysis is conducted by constructing market estimations for the key market segments between 2016 and 2023.

-Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.