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Digital Manufacturing Market Worldwide Top Players Revenue Analysis of Autodesk, Dassault Systèmes, Mentor Graphics, PTC and Siemens PLM Software
Digital Manufacturing
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Top most key players operating in the global digital manufacturing market include Autodesk, Dassault Systèmes, Mentor Graphics, PTC, and Siemens PLM Software. The new product launch is one of the major strategies for the market leaders to increase their market presence. For instance: Autodesk Inc. an America based software company have officially announced that they have launched a Netfabb 2017, a comprehensive toolkit for additive manufacturing professionals.
Market Dynamics:
The demand to reduce capital expenditure, shorten lead times, and high productivity is expected to increase the demand for digital manufacturing in various verticals. Moreover, according to Coherent Market Insights analysis, US$ 94.2 billion was spent on automotive R&D in 2016 up from US$ 91.5 billion in 2015.
Regional Analysis:
North America held the dominant position in the global digital manufacturing market in 2016 and is projected to retain its dominance throughout the forecast period. The U.S., Mexico, and Canada are the three major economies, which contribute to the swift growth of market in the region. The increasing R&D investment in the aerospace & defense and automotive sectors in the U.S provides immense growth opportunity to the digital manufacturing market. In 2016, the U.S invested US$ 14.3 billion in R&D in aerospace & defense industry up from US$ 14.1 billion in 2015.
On the basis of deployment model, the global Digital Manufacturing market is segmented into:
-Cloud-based model
-On-premises model
On the basis of end-use industry, the global Digital Manufacturing market is segmented into:
-Automotive
-Aerospace & Defense
-Electrical and electronics
-Industrial machinery
-Consumer packaged goods
-Utilities & Process
-Others
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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