The global digital manufacturing market is currently witnessing strong growth. Digital manufacturing can be defined as the process of developing products virtually in the form of digital prototypes using a Computer-Aided Design (CAD) software. The software is often integrated with 3D visualization, simulation, analytics and collaboration tools to streamline the manufacturing processes. Digital manufacturing solutions are also used to perform various factory-related functions, including tooling, machining, assembly sequencing and designing plant layouts. They also connect operators with smart machines, tools and sensors to gather production data, monitor inventory in real-time and facilitate accurate testing. Owing to this, it finds extensive application across various industries, such as electronics, automotive, aerospace and defense.
The emerging trend of digitalization, along with the increasing adoption of product lifecycle management (PLM) systems, represent as the key factors driving the growth of the market. The PLM is a cloud-based digital manufacturing solution that aids in managing complex product information, manufacturing workflows, product engineering and collaborations while offering remote access to the authorities. Furthermore, the thriving automotive industry is also creating a positive outlook for the market. Automotive manufacturers are incorporating digital manufacturing solutions in their assembly lines to increase design capabilities and to adopt sustainable production methods. Additionally, the development of technologically advanced and innovative digital manufacturing tools is providing a significant boost to the market growth. These tools offer direct connectivity with the shop-floor hardware and platforms that can manage data from both the PLM and manufacturing execution systems. Other factors, including the implementation of the Internet of Things (IoT) and robotics to detect errors in the early stages of manufacturing, along with the extensive research and development (R&D) in the field of production technologies, are projected to drive the market further. Looking forward, IMARC Group expects the market to register a CAGR of around 6% during 2020-2025.
Breakup by Component:
Breakup by Process Type:
- Computer-Based Designing
- Computer-Based Simulation
- Computer 3D Visualization
- Analytics
- Others
Breakup by Application:
- Automation and Transportation
- Aerospace and Defense
- Consumer Electronics
- Utilities and Processes
- Industrial Machinery
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Autodesk Inc., Bentley Systems, CAD Schroer GmbH, Dassault Systemes Simulia Corp., Mentor Graphics Corporation, PTC Inc., Siemens Industry Software Inc., etc.
Key Questions Answered in This Report:
- How has the global digital manufacturing market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the process type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global digital manufacturing market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Digital Manufacturing Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Component
6.1 Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Process
7.1 Computer-Based Designing
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Computer-Based Simulation
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Computer 3D Visualization
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Analytics
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Application
8.1 Automation and Transportation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Aerospace and Defense
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Utilities and Processes
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Industrial Machinery
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.9 Others
9.2.9.1 Market Trends
9.2.9.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.9 Others
9.3.9.1 Market Trends
9.3.9.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Autodesk Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Bentley Systems
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 CAD Schroer GmbH
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Dassault Systemes Simulia Corp.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Mentor Graphics Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 PTC Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Siemens Industry Software Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
List of Figures
Figure 1: Global: Digital Manufacturing Market: Major Drivers and Challenges
Figure 2: Global: Digital Manufacturing Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Digital Manufacturing Market: Breakup by Component (in %), 2019
Figure 4: Global: Digital Manufacturing Market: Breakup by Process Type (in %), 2019
Figure 5: Global: Digital Manufacturing Market: Breakup by Application (in %), 2019
Figure 6: Global: Digital Manufacturing Market: Breakup by Region (in %), 2019
Figure 7: Global: Digital Manufacturing Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Digital Manufacturing (Software) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Digital Manufacturing (Software) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Digital Manufacturing (Services) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Digital Manufacturing (Services) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Digital Manufacturing (Computer-Based Designing) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Digital Manufacturing (Computer-Based Designing) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Digital Manufacturing (Computer-Based Simulation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Digital Manufacturing (Computer-Based Simulation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Digital Manufacturing (Computer 3D Visualization) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Digital Manufacturing (Computer 3D Visualization) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Digital Manufacturing (Analytics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Digital Manufacturing (Analytics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Digital Manufacturing (Other Processes) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Digital Manufacturing (Other Processes) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Digital Manufacturing (Automation and Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Digital Manufacturing (Automation and Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Digital Manufacturing (Aerospace and Defense) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Digital Manufacturing (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Digital Manufacturing (Consumer Electronics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Digital Manufacturing (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Digital Manufacturing (Utilities and Processes) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Digital Manufacturing (Utilities and Processes) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Global: Digital Manufacturing (Industrial Machinery) Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Global: Digital Manufacturing (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Global: Digital Manufacturing (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Global: Digital Manufacturing (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: North America: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: North America: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: United States: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: United States: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Canada: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Canada: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Asia Pacific: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Asia Pacific: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: China: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: China: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Japan: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Japan: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: India: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: India: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: South Korea: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: South Korea: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Australia: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Australia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Indonesia: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Indonesia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Europe: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Europe: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Germany: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Germany: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: France: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: France: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: United Kingdom: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: United Kingdom: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Italy: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Italy: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Spain: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Spain: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Russia: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Russia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Latin America: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Latin America: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Brazil: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Brazil: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 78: Mexico: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 79: Mexico: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 80: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 81: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 82: Middle East and Africa: Digital Manufacturing Market: Sales Value (in Million US$), 2014 & 2019
Figure 83: Middle East and Africa: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 84: Global: Digital Manufacturing Industry: SWOT Analysis
Figure 85: Global: Digital Manufacturing Industry: Value Chain Analysis
Figure 86: Global: Digital Manufacturing Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Digital Manufacturing Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Digital Manufacturing Market Forecast: Breakup by Component (in Million US$), 2020-2025
Table 3: Global: Digital Manufacturing Market Forecast: Breakup by Process Type (in Million US$), 2020-2025
Table 4: Global: Digital Manufacturing Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Digital Manufacturing Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Digital Manufacturing Market Structure
Table 7: Global: Digital Manufacturing Market: Key Players