According to IMARC Group’s latest report, titled “Digital Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global digital manufacturing market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.3% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
Request for a free sample copy of this report: https://www.imarcgroup.com/digital-manufacturing-market/requestsample
Digital manufacturing involves the utilization of integrated, computer-based systems to improve products, processes and services. These solutions enable manufacturers to use real-time data analytics for optimizing the manufacturing process and increasing overall productivity. They also help boost efficiency, reduce commissioning costs and inventory, and provide insights and real-time visibility. As a result, their adoption is escalating across the globe.
Market Trends and Drivers:
The increasing trend of digitization across various industries represents one of the key factors strengthening the growth of the digital manufacturing market. Apart from this, several automotive manufacturers are incorporating digital manufacturing solutions in their assembly lines to adopt sustainable production methods and increase design capabilities. This, in confluence with the development of technologically advanced and innovative digital manufacturing tools, is impelling the market growth. These tools assist in establishing direct connectivity with the stop-floor hardware and platforms and managing data from the manufacturing execution systems. This, along with the growing utilization of the Internet of Things (IoT) and robotics to detect errors in the early stages of manufacturing, is creating a favorable market outlook. Other significant factors, including the flourishing automotive industry, and the ongoing research and development (R&D) activities in the field of production technologies, are anticipated to stimulate market growth.
Digital Manufacturing Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the digital manufacturing market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Autodesk Inc.
- Bentley Systems
- PTC Inc.
- Siemens Industry Software Inc.
- CAD Schroer GmbH
- Mentor Graphics Corporation
- Dassault Systemes Simulia Corp.
Key Market Segmentation:
The report has segmented the global digital manufacturing market on the basis of component, process type, application and region.
Breakup by Component:
Breakup by Process Type:
- Computer-Based Designing
- Computer-Based Simulation
- Computer 3D Visualization
Breakup by Application:
- Automation and Transportation
- Aerospace and Defense
- Consumer Electronics
- Utilities and Processes
- Industrial Machinery
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/digital-manufacturing-market
Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800