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Digital Manufacturing Software - Global Strategic Business Report

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    Report

  • 376 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5998004
The global market for Digital Manufacturing Software was estimated at US$36.0 Billion in 2023 and is projected to reach US$92.8 Billion by 2030, growing at a CAGR of 14.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.Digital manufacturing software refers to a suite of tools and platforms that enable manufacturers to design, simulate, plan, and manage production processes digitally. This software plays a pivotal role in transforming traditional manufacturing operations into smart, interconnected systems that leverage data, automation, and advanced analytics to optimize production efficiency, reduce waste, and improve product quality. Digital manufacturing software encompasses a wide range of applications, including computer-aided design (CAD), computer-aided manufacturing (CAM), digital twin technology, and manufacturing execution systems (MES). By integrating these tools into their operations, manufacturers can gain real-time visibility into production processes, make data-driven decisions, and respond more quickly to changing market demands.

How Are Technological Advancements Driving the Adoption of Digital Manufacturing Software?

Technological advancements are key drivers of the adoption of digital manufacturing software, enabling manufacturers to implement more sophisticated and efficient production processes. The integration of artificial intelligence (AI) and machine learning algorithms into digital manufacturing platforms has enhanced the ability to analyze large volumes of production data, identify patterns, and optimize processes in real-time. The development of digital twin technology, which creates a virtual replica of physical assets and processes, has revolutionized the way manufacturers design, test, and monitor their operations, allowing for more accurate simulations and predictive maintenance. Advances in cloud computing have made digital manufacturing software more accessible and scalable, enabling manufacturers of all sizes to leverage these tools without the need for extensive on-premises infrastructure. Additionally, the rise of Industry 4.0 and the Industrial Internet of Things (IIoT) has facilitated the seamless integration of digital manufacturing software with physical production systems, enabling real-time data exchange and automation across the entire production chain. These technological advancements are driving the widespread adoption of digital manufacturing software, helping manufacturers enhance their competitiveness in a rapidly evolving industrial landscape.

What Are the Key Applications and Benefits of Digital Manufacturing Software?

Digital manufacturing software is used across a wide range of industries and applications, offering numerous benefits that enhance production efficiency, product quality, and operational flexibility. In the automotive industry, digital manufacturing software is essential for designing and simulating complex vehicle components, ensuring that they meet stringent safety and performance standards before production. In aerospace, these tools enable the precise manufacturing of aircraft parts, optimizing material usage and reducing production time. The electronics industry relies on digital manufacturing software to manage the intricate processes involved in producing circuit boards and other high-tech components, ensuring consistency and quality. The primary benefits of digital manufacturing software include improved production planning and control, enhanced product design and testing, reduced time-to-market, and increased agility in responding to market changes. By implementing digital manufacturing software, organizations can achieve greater operational efficiency, reduce costs, and deliver higher-quality products to their customers.

What Factors Are Driving the Growth in the Digital Manufacturing Software Market?

The growth in the digital manufacturing software market is driven by several factors. The increasing demand for efficiency and flexibility in production processes is a significant driver, as manufacturers seek to optimize their operations and reduce costs. Technological advancements in AI, machine learning, and digital twin technology are also propelling market growth, as these innovations enhance the capabilities and effectiveness of digital manufacturing tools. The rising focus on Industry 4.0 and smart manufacturing is further boosting demand, as organizations look to integrate digital technologies into their production processes to stay competitive. Additionally, the expansion of industries such as automotive, aerospace, and electronics, where precision and quality are critical, is contributing to market growth. The growing emphasis on sustainability and the need to reduce waste and energy consumption in manufacturing are also supporting the growth of the digital manufacturing software market. These factors, combined with continuous innovation in manufacturing technology and software solutions, are driving the sustained growth of the digital manufacturing software market.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Solutions Component segment, which is expected to reach US$78.1 Billion by 2030 with a CAGR of a 14.3%. The Services Component segment is also set to grow at 15.5% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, which was estimated at $9.8 Billion in 2023, and China, forecasted to grow at an impressive 19.3% CAGR to reach $20.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Digital Manufacturing Software Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Manufacturing Software Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Digital Manufacturing Software Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as aPriori Technologies, Autodesk Inc., C5MI Insights LLC, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 43 Featured):

  • aPriori Technologies
  • Autodesk Inc.
  • C5MI Insights LLC
  • Dassault Systèmes
  • Hexagon AB
  • IBM Corporation
  • Lineview Solutions
  • MasterControl Solutions, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Persistent Systems Ltd
  • PTC, Inc.
  • Rockwell Automation Inc.
  • SAP SE
  • Schneider Electric SE
  • Siemens Digital Industries Software

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Global Economic Update
  • Digital Manufacturing Software - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Industry 4.0 and Smart Manufacturing Solutions Propels Market Growth
  • Increasing Use in Automotive, Aerospace, and Consumer Electronics Expands Addressable Market Opportunity
  • Technological Advancements in Simulation, AI, and IoT Integration Strengthen Market Position
  • Growing Focus on Enhancing Production Efficiency and Reducing Time-to-Market Drives Adoption of Digital Manufacturing Software
  • Surge in Demand for Customization and On-Demand Production Generates New Opportunities
  • Expanding Applications in Additive Manufacturing and 3D Printing Throws Spotlight on Market Potential
  • Growth in Digital Twin and Predictive Maintenance Technologies Spurs Demand for Advanced Manufacturing Software
  • Surge in Demand for Real-Time Monitoring and Process Optimization Expands Market Horizons
  • Growing Awareness of the Benefits of Digital Manufacturing in Reducing Costs and Waste Drives Market Adoption
  • Innovations in AI-Powered and Autonomous Manufacturing Systems Generate New Market Opportunities
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Digital Manufacturing Software Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Digital Manufacturing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Digital Manufacturing Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Digital Manufacturing Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Cloud Deployment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Cloud Deployment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Cloud Deployment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for On-Premise Deployment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for On-Premise Deployment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for On-Premise Deployment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Aerospace & Defense End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Aerospace & Defense End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Aerospace & Defense End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Automotive End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Automotive End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Automotive End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Consumer Electronics End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Consumer Electronics End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Consumer Electronics End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 26: World Recent Past, Current & Future Analysis for Industrial Machinery End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Industrial Machinery End-Use by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Industrial Machinery End-Use by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 29: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 30: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 31: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Digital Manufacturing Software Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • aPriori Technologies
  • Autodesk Inc.
  • C5MI Insights LLC
  • Dassault Systèmes
  • Hexagon AB
  • IBM Corporation
  • Lineview Solutions
  • MasterControl Solutions, Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Persistent Systems Ltd
  • PTC, Inc.
  • Rockwell Automation Inc.
  • SAP SE
  • Schneider Electric SE
  • Siemens Digital Industries Software

Table Information