Digital Thread Market: Additive Manufacturing’s Role in The Digital Thread Helping Engineering and Manufacturing Tie the Knot

Millions are at stake when it comes to maintaining planes, plants, and mission-critical industrial equipment. It's money worth fighting for, and it could be yours if you master the digital thread.

Market Highlights

Digital thread is usually mentioned with digital twin, they are two concepts to deliver new customer-centric experiences powered by digital. Digital thread refers to the communication framework that allows a connected data flow and integrated view of the asset’s data throughout its lifecycle across traditionally siloed functional perspectives. The digital thread concept raises the bar for delivering “the right information to the right place at the right time.

Why Digital Thread Matter

The Digital Thread is the capability to trace a product’s digital history and all of its related digital assets across its lifecycle. From the initial planning and analysis, through design, manufacturing, and testing and on to field operation and disposal, the Digital Thread weaves together the meaningful relationships and connections and decisions that drive bill of materials, parts, software versions, electronics, CAD models, documents, production plans, and service records.

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Industry Analysis

Leading modern product lifecycle management (PLM) systems feature open connections and standards and deliver on PLM’s original promise of full lifecycle traceability, aka Digital Thread. In fact, maintenance (and MRO) are inherently a part of the product lifecycle that PLM is intended to support. Notably, as-built product configurations in PLM are an essential starting point for anyone pursuing the service market for complex assets.

To own the maintenance realm, organizations on either side of this battlefield need the Digital Thread connection for context. For example, a CAD rendering of a jet engine and the history of changes made through the engineering, manufacturing, and quality phases are highly valuable, unless you are in maintenance and don’t have the tools or expertise to decipher it and use it to do your job. Without access to the context — such as the tail number of the plane it’s installed on, information on where it is flying or has flown, and the history of maintenance changes — manufacturers will not be able to make accurate decisions on the product nor create next-generation, long-term, highly profitable service contracts.

Top Industry Players:

This report studies the global Digital Thread market, analyzes and researches the Digital Thread development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like: General Electric, PTC, Siemens, Dassault Systèmes, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation.

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Market Segment

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
• Parts Type
• System Type

Market Segment by Applications, can be divided into
• Aerospace & Defense
• Automotive & Transportation
• Machine Manufacturing
• Energy & Utilities

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