Market Overview:
The global digital manufacturing software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital manufacturing software from various end-user industries, such as aerospace & defense, automotive, industrial machinery, and others. In addition, the growing trend of Industry 4.0 is also contributing significantly to the growth of this market. Based on type, the global digital manufacturing software market can be segmented into product design software, process design software, and enterprise resource planning (ERP). Based on application,, theeGlobal Digital Manufacturing Software Market can be divided into aerospace & defense sector,, automotive sector,, industrial machinery sector,, and others,. Among these applications,.
Product Definition:
Digital Manufacturing Software is a type of software that helps manufacturers to design, engineer and produce products using computer-aided design (CAD) and computer-aided manufacturing (CAM) tools. It can help companies to reduce waste, speed up production times and improve product quality.
Product Design Software:
Product design software is used for designing the product in 3D CAD or 2D CAD. The primary function of this software is to provide a solution for manufacturing industries by streamlining the processes and activities associated with product development.
Process Design Software:
Process design software is used to design the process or workflow of a product. It helps in designing the flow from raw material to finished product and also documents all the intermediate steps in between. The most commonly used software for this purpose is called “Procurement”, which was developed by Efficient Engineering Solutions (EES) and later acquired by Invensys plc., now part of Schneider Electric SE.
Application Insights:
The aerospace and defense sector accounted for the largest market share in 2017. The growth of this segment is attributed to the increasing demand for aircraft, helicopters, ships, submarines and missiles from various governments. Moreover, a rise in military expenditure is expected to boost product demand over the forecast period.
The automotive sector is anticipated to witness significant growth over the forecast period owing to rising consumer preference for vehicles with enhanced features and comfort levels. In addition, stringent government regulations regarding reduction in vehicle weight are likely to increase product adoption across automotive industry participants during design phase as it helps reduce wastage and costs during transportation & logistics operations.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in automation and digitalization across various industries, particularly in China and India. In 2016, China accounted for a major share of more than 30% of global industrial robots sales. Furthermore, India has witnessed significant adoption of digitization solutions across all sectors including manufacturing, retail & consumer goods, healthcare & life sciences among others since last few years due to availability of cheap labor and rapid technological advancements coupled with increased internet penetration is anticipated to drive regional market growth over the forecast period.
North America held a substantial share in 2016 owing to early adoption by several prominent players such as GE; Siemens; Honeywell International Inc.; Johnson Controls; Danaher Automation Solutions Inc.; Emerson Electric Co.; Visteon Corp.
Growth Factors:
- Increasing demand for customized products: The trend of customization is increasing day by day in the manufacturing sector. This has led to the increase in the demand for digital manufacturing software which can help in producing customized products as per the requirement of customers.
- Rising need for efficiency and productivity: Manufacturers are looking for ways to improve their efficiency and productivity and this has led to an increase in the adoption of digital manufacturing software. It helps manufacturers to streamline their production process, thus improving their overall performance.
- Emergence of Industry 4.0: The fourth industrial revolution or Industry 4.0 is currently underway and it is expected that by 2025, around trillion will be invested in this revolution globally*. This has resulted in an increased interest among businesses towards adopting digital manufacturing software which can help them ride on this wave of industry 4..0 transformation . *Source - PWC Report “The Future Of Manufacturing”, January 2018
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Manufacturing Software Market Research Report
By Type
Product Design Software, Process Design Software, Enterprise Resource Planning
By Application
Aerospace & Defense Sector, Automotive Sector, Industrial Machinery Sector, Others
By Companies
Siemens PLM Software, Parametric Technology Corporation Inc, Dassault Systemes, SAP SE, Oracle, SIMUL8 Corporation, Demand Management Inc., VISUAL COMPONENTS, Cogiscan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Digital Manufacturing Software Market Report Segments:
The global Digital Manufacturing Software market is segmented on the basis of:
Types
Product Design Software, Process Design Software, Enterprise Resource Planning
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense Sector, Automotive Sector, Industrial Machinery Sector, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Siemens PLM Software
- Parametric Technology Corporation Inc
- Dassault Systemes
- SAP SE
- Oracle
- SIMUL8 Corporation
- Demand Management Inc.
- VISUAL COMPONENTS
- Cogiscan
Highlights of The Digital Manufacturing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Product Design Software
- Process Design Software
- Enterprise Resource Planning
- By Application:
- Aerospace & Defense Sector
- Automotive Sector
- Industrial Machinery Sector
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Manufacturing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital Manufacturing Software (DMS) is a software application used in the manufacturing industry to manage production processes and track inventory.
Some of the major companies in the digital manufacturing software market are Siemens PLM Software, Parametric Technology Corporation Inc, Dassault Systemes, SAP SE, Oracle, SIMUL8 Corporation, Demand Management Inc., VISUAL COMPONENTS, Cogiscan.
The digital manufacturing software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Manufacturing Software Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Digital Manufacturing Software Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Digital Manufacturing Software Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Digital Manufacturing Software Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Digital Manufacturing Software Market Size & Forecast, 2018-2028 4.5.1 Digital Manufacturing Software Market Size and Y-o-Y Growth 4.5.2 Digital Manufacturing Software Market Absolute $ Opportunity
Chapter 5 Global Digital Manufacturing Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Manufacturing Software Market Size Forecast by Type
5.2.1 Product Design Software
5.2.2 Process Design Software
5.2.3 Enterprise Resource Planning
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Manufacturing Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Manufacturing Software Market Size Forecast by Applications
6.2.1 Aerospace & Defense Sector
6.2.2 Automotive Sector
6.2.3 Industrial Machinery Sector
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Manufacturing Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Manufacturing Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Manufacturing Software Analysis and Forecast
9.1 Introduction
9.2 North America Digital Manufacturing Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Manufacturing Software Market Size Forecast by Type
9.6.1 Product Design Software
9.6.2 Process Design Software
9.6.3 Enterprise Resource Planning
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Manufacturing Software Market Size Forecast by Applications
9.10.1 Aerospace & Defense Sector
9.10.2 Automotive Sector
9.10.3 Industrial Machinery Sector
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Manufacturing Software Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Manufacturing Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Manufacturing Software Market Size Forecast by Type
10.6.1 Product Design Software
10.6.2 Process Design Software
10.6.3 Enterprise Resource Planning
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Manufacturing Software Market Size Forecast by Applications
10.10.1 Aerospace & Defense Sector
10.10.2 Automotive Sector
10.10.3 Industrial Machinery Sector
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Manufacturing Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Manufacturing Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Manufacturing Software Market Size Forecast by Type
11.6.1 Product Design Software
11.6.2 Process Design Software
11.6.3 Enterprise Resource Planning
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Manufacturing Software Market Size Forecast by Applications
11.10.1 Aerospace & Defense Sector
11.10.2 Automotive Sector
11.10.3 Industrial Machinery Sector
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Manufacturing Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Manufacturing Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Manufacturing Software Market Size Forecast by Type
12.6.1 Product Design Software
12.6.2 Process Design Software
12.6.3 Enterprise Resource Planning
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Manufacturing Software Market Size Forecast by Applications
12.10.1 Aerospace & Defense Sector
12.10.2 Automotive Sector
12.10.3 Industrial Machinery Sector
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Manufacturing Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Manufacturing Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Manufacturing Software Market Size Forecast by Type
13.6.1 Product Design Software
13.6.2 Process Design Software
13.6.3 Enterprise Resource Planning
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Manufacturing Software Market Size Forecast by Applications
13.10.1 Aerospace & Defense Sector
13.10.2 Automotive Sector
13.10.3 Industrial Machinery Sector
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Manufacturing Software Market: Competitive Dashboard
14.2 Global Digital Manufacturing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens PLM Software
14.3.2 Parametric Technology Corporation Inc
14.3.3 Dassault Systemes
14.3.4 SAP SE
14.3.5 Oracle
14.3.6 SIMUL8 Corporation
14.3.7 Demand Management Inc.
14.3.8 VISUAL COMPONENTS
14.3.9 Cogiscan