Highlighted with 83 tables and 100 figures, this 177-page report “Global Digital Manufacturing Market 2021-2031 by Component (Hardware, Software, Services), Technology (IoT, Robotics, 3D Printing & AM, Others), Deployment (On-premises, Cloud-based), Process (Designing, Simulation, 3D Visualization, Analytics, Tooling and Processing), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global digital manufacturing market and all its sub-segments through extensively detailed classifications.
Global digital manufacturing market will reach $ 709.2 billion by 2031, growing by 13.9% annually over 2021-2031, driven by the emerging trend of digitalization, the extensive research and development (R&D) in the field of production technologies, the development of technologically advanced and innovative digital manufacturing tools, the implementation of the Internet of Things (IoT) and robotics, along with the increasing adoption of product lifecycle management (PLM) systems.
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Digital manufacturing has been on the rise for years to come. It has rocked the industrial world with its agility and enabling of rapid product development. Products are being made faster, cheaper and more efficiently than ever before.
So, What is digital manufacturing?
The product of digital manufacturing is not a physical product. It is information stored digitally in the form of software and digital data that create a 3D CAD model for a piece of equipment or an advanced sewing machine could use to create clothing by using virtual reality (VR) technologies. Another example of Digital Manufacturing is when companies such as Tesla use robots to build parts for its vehicles. As a result, they can focus on engineering instead of building each part separately.
OR
Digital manufacturing is an emerging technology that enables the design, manufacture and delivery of products, processes and services to customers anywhere in the world.
Digital manufacturing is manufacturing that utilizes digital technology, either alone or in combination with other means, such as traditional manufacturing. Digital manufacturing applications include catalysis, computer aided engineering and design, electronics assembly and fabrication, photolithography and microelectronics fabrication.
Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
o Intelligent Systems
o Sensors
o RFID Tags
o Cameras
o Navigation Systems
o Other Hardware
• Software
o Operation & Data Management Software
o Connectivity Solutions
o Remote Management & Logistic Solutions
o Asset Management Solutions
o Safety & Security Systems
o Analytics Solutions
o Other Software
• Services
o Support and Maintenance
o Deployment and Integration
o Consulting and Training
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Internet of things (IoT)
• Robotics
• 3D Printing and Additive Manufacturing
• Other Technologies
By Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• On-premises Model
• Cloud-based Model
By Process, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Computer-Based Designing
• Computer-Based Simulation
• Computer 3D Visualization
• Digital Analytics
• Tooling and Processing
• Other Processes
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Industrial Machinery
• Automotive and Transportation
• Consumer Electronics
• Aerospace and Defense
• Utilities and Processes
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Component, Technology, and Industry Vertical, over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Major Key Players:
• ARAS Corporation
• Autodesk Inc
• Bestplant
• CAD Schroer GmbH
• Cogiscan Inc
• Dassault Systems
• Mentor Graphics Corporation
• Parametric Technology Corporation Inc
• SAP SE
• Siemens AG
• Tata Consultancy Services
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
