Market Overview:
The global product life cycle management and engineering software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cloud-based PLM software and rising adoption of 3D printing technology. North America is expected to hold the largest share of the global product life cycle management and engineering software market in 2018, followed by Europe. However, Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Product Definition:
Product life cycle management (PLM) is the process of managing the life cycle of a product from its design to disposal. It includes aspects such as product data management, requirements management, change management, and quality assurance. PLM software is used to manage this process.
On-Premise:
On-premise software is a type of cloud computing software that is used to manage data and processes in the client's premises. The on-premises solutions are installed and run from the customer’s own server or computer, thereby eliminating third-party access to information. This solution offers high security as compared to other forms of cloud computing.
Cloud-Based:
Cloud-based software is a type of software service that provides solutions to many business processes. It helps in reducing the cost and time required to deploy, develop, maintain and operate applications for enterprises. Cloud-based services offer benefits such as on-demand availability of computing resources (such as storage space), easy data accessibility from any location, effective use of IT assets etc. The growing adoption rate of cloud technology across various industry verticals is expected to drive the growth over the forecast period.
Application Insights:
The transportation and mobility segment accounted for the largest market share in 2017. The growth can be attributed to the increasing demand for global product life cycle management and engineering software in this sector. Transportation and logistics are one of the vital sectors, which require effective GPLE solutions to manage their operations effectively.
In recent years, there has been a rise in consumer awareness regarding sustainable packaging practices along with an increase in demand for lightweight electric vehicles across various regions of the world. This trend is expected to have a positive impact on industry growth over the forecast period as these factors contribute towards reducing vehicle weight without compromising with safety requirements or performance standards set by regulatory authorities worldwide.
Regional Analysis:
The market in North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to several factors such as increasing government initiatives and investments, technological advancements, and growing demand for mobility solutions among others. For instance, General Dynamics Mission Systems has been awarded a contract by the U.S Air Force worth USD X million to develop a new mobile application program called “Geospatial Platform†(GPS).
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due to various factors such as increasing manufacturing activities across various industries and rising demand from developing countries like China and India among others.
Growth Factors:
- Increasing demand for PLM and engineering software from small and medium-sized businesses (SMBs) due to the growing need to manage product data more effectively.
- The increasing popularity of cloud-based PLM and engineering software, which makes it easier for companies to deploy and use these applications.
- The growing trend of product modularity, which is driving the need for better product data management tools.
- The increasing use of 3D printing and other advanced manufacturing technologies, which is creating a greater demand for PLM and engineering software that can support these technologies.
- The rising number of mergers and acquisitions in the technology sector, which is resulting in a consolidation of the PLM market
Scope Of The Report
Report Attributes
Report Details
Report Title
Product LifeCycle Management and Engineering Software Market Research Report
By Type
On-Premise, Cloud-Based
By Application
Transportation and Mobility, Aerospace and Defense, Industrial Equipment, Consumer Goods and Retail, Energy and Materials, Others
By Companies
Dassault Systemes, Synopsys, Siemens, Autodesk, Hexagon, Cadence Design Systems, Ansys, PTC, Mentor, Bentley Systems, Arena, CMPRO, SAP, Aras, Bamboo, Omnify
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Product LifeCycle Management and Engineering Software Market Report Segments:
The global Product LifeCycle Management and Engineering Software market is segmented on the basis of:
Types
On-Premise, Cloud-Based
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
Transportation and Mobility, Aerospace and Defense, Industrial Equipment, Consumer Goods and Retail, Energy and Materials, 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:
- Dassault Systemes
- Synopsys
- Siemens
- Autodesk
- Hexagon
- Cadence Design Systems
- Ansys
- PTC
- Mentor
- Bentley Systems
- Arena
- CMPRO
- SAP
- Aras
- Bamboo
- Omnify
Highlights of The Product LifeCycle Management and Engineering 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:
- On-Premise
- Cloud-Based
- By Application:
- Transportation and Mobility
- Aerospace and Defense
- Industrial Equipment
- Consumer Goods and Retail
- Energy and Materials
- 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 Product LifeCycle Management and Engineering 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
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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?
Product life cycle management and engineering software is a type of software that helps companies manage the entire product life cycle, from concept to disposal. This includes everything from developing a product plan and timeline to tracking customer feedback and managing manufacturing processes.
Some of the key players operating in the product lifecycle management and engineering software market are Dassault Systemes, Synopsys, Siemens, Autodesk, Hexagon, Cadence Design Systems, Ansys, PTC, Mentor, Bentley Systems, Arena, CMPRO, SAP, Aras, Bamboo, Omnify.
The product lifecycle management and engineering software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size & Forecast, 2018-2028
4.5.1 Product LifeCycle Management and Engineering Software Market Size and Y-o-Y Growth
4.5.2 Product LifeCycle Management and Engineering Software Market Absolute $ Opportunity
Chapter 5 Global Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Type
5.2.1 On-Premise
5.2.2 Cloud-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
6.2.1 Transportation and Mobility
6.2.2 Aerospace and Defense
6.2.3 Industrial Equipment
6.2.4 Consumer Goods and Retail
6.2.5 Energy and Materials
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Analysis and Forecast
9.1 Introduction
9.2 North America Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Type
9.6.1 On-Premise
9.6.2 Cloud-Based
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 Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
9.10.1 Transportation and Mobility
9.10.2 Aerospace and Defense
9.10.3 Industrial Equipment
9.10.4 Consumer Goods and Retail
9.10.5 Energy and Materials
9.10.6 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 Product LifeCycle Management and Engineering Software Analysis and Forecast
10.1 Introduction
10.2 Europe Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Type
10.6.1 On-Premise
10.6.2 Cloud-Based
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 Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
10.10.1 Transportation and Mobility
10.10.2 Aerospace and Defense
10.10.3 Industrial Equipment
10.10.4 Consumer Goods and Retail
10.10.5 Energy and Materials
10.10.6 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 Product LifeCycle Management and Engineering Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Type
11.6.1 On-Premise
11.6.2 Cloud-Based
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 Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
11.10.1 Transportation and Mobility
11.10.2 Aerospace and Defense
11.10.3 Industrial Equipment
11.10.4 Consumer Goods and Retail
11.10.5 Energy and Materials
11.10.6 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 Product LifeCycle Management and Engineering Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Product LifeCycle Management and Engineering 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 Product LifeCycle Management and Engineering Software Market Size Forecast by Type
12.6.1 On-Premise
12.6.2 Cloud-Based
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 Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
12.10.1 Transportation and Mobility
12.10.2 Aerospace and Defense
12.10.3 Industrial Equipment
12.10.4 Consumer Goods and Retail
12.10.5 Energy and Materials
12.10.6 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) Product LifeCycle Management and Engineering Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Product LifeCycle Management and Engineering 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) Product LifeCycle Management and Engineering Software Market Size Forecast by Type
13.6.1 On-Premise
13.6.2 Cloud-Based
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) Product LifeCycle Management and Engineering Software Market Size Forecast by Applications
13.10.1 Transportation and Mobility
13.10.2 Aerospace and Defense
13.10.3 Industrial Equipment
13.10.4 Consumer Goods and Retail
13.10.5 Energy and Materials
13.10.6 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 Product LifeCycle Management and Engineering Software Market: Competitive Dashboard
14.2 Global Product LifeCycle Management and Engineering Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dassault Systemes
14.3.2 Synopsys
14.3.3 Siemens
14.3.4 Autodesk
14.3.5 Hexagon
14.3.6 Cadence Design Systems
14.3.7 Ansys
14.3.8 PTC
14.3.9 Mentor
14.3.10 Bentley Systems
14.3.11 Arena
14.3.12 CMPRO
14.3.13 SAP
14.3.14 Aras
14.3.15 Bamboo
14.3.16 Omnify
