The digital revolution has made its presence felt in areas such as healthcare, finance, and manufacturing. A large amount of data and new computing techniques, artificial intelligence, automation, additive technologies, and HMI have changed the face of manufacturing. DM changes each and everything in the manufacturing process, be it supply chain, R&D, operations, sales, marketing, services, or factory operations. Digital connectivity has become indispensable for designers, managers, workers, and end-users.
Scope of the Report:This report studies the DM in Automotive market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the DM in Automotive market by product type and applications/end industries.
The adoption of DM will help automotive manufacturers smoothen the flow of product and plant information during different processes. Additionally, digital manufacturing also helps in the validation of robotics and automation programs and speed up the factory manufacturing process. Furthermore, the adoption of DM provides real-time access to product lifecycle data which eases the production process and also helps companies achieve high return of investment and develop products of superior quality.
Characterized by the presence of a large number of PLM software manufacturers, the DM market in the automotive industry appears to be fragmented. Since all manufacturers compete to gain significant revenue shares, the competitive environment is intense. To gain a competitive edge and enhance their customer base, manufacturers have started focusing on enhancing their market potential through different innovative strategies and M&A. One of the major manufacturers Autodesk, has a wide product portfolio and enhanced geographical presence and provides innovative and engaging design software and services.
The global DM in Automotive market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of DM in Automotive.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Autodesk
Dassault Systmes
Siemens PLM Software
Bentley Systems
CAD Schroer
Open Factory 3D
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Production process
Automation programs
Market Segment by Applications, can be divided into Supply chain
R&D
Operations
Sales
Marketing
Services
Factory operations
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
