Digital Thread Market Advanced Technology and New Innovations by 2030 – General Electric, PTC, Siemens

Digital thread is the communication framework that enables a connected data flow and integrated asset data view throughout the lifecycle over the conventionally siloed functional perspectives. The digital thread concept emerges the bar for providing the right information in the right time and at the right place. A digital thread can also be produced for different processes and entities. Commonly, a digital thread follows the lifecycle from the design foundation through the optimal engineering and the product life management to the supply chain management, manufacturing instructions, and also through to services histories and client events. This thread allows the enterprises to predict the effectiveness of communication, which can be bi-directionally down and up stream of where the product is in its life, while ensuring all the candidates make optimal use of the existing data and can speedily react to the changes or the new insights.

Major Key Players of the Digital Thread Market are:
General Electric, PTC, Siemens, Dassault Systems, IBM Corporation, ANSYS, Microsoft Corporation, Oracle Corporation, SAP SE, and Robert Bosch GmbH.

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A digital thread is a single source of data truth creating collaboration, consistency, and alignment across purpose through the real-time data management of related downstream and upstream derivative information. This scalable common set of democratized data enables enterprise-wide accessibility and continuity across processes, products, and people. The digital thread market is projected to grow due to several major factors that include the implementation of emerging technologies such as additive manufacturing and 3D printing. A digital thread combines the interconnected data sets to uncover insights.

The history has shown that industry participants in the Aerospace & Defense (A&D) sector were among the initial ones to discover the concept of the digital thread. In manufacturing processes, huge amounts of data are produced and analyzed to obtain efficiencies and reduce defects. It is confirmed that the digital thread increases the supply chain efficiency by approximately 16%. Moreover, this new trend of manufacturing enables the delivery of new products to the market 20% faster.

Major Types of Digital Thread Market covered are:
-> Parts
-> System

Major Applications of Digital Thread Market covered are:
-> Aerospace & Defense
-> Automotive & Transportation
-> Manufacturing
-> Energy & Utilities, and Others

Research objectives:-

– To study and analyze the global Digital Thread consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Digital Thread market by identifying its various sub-segments.
– Focuses on the key global Digital Thread manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Digital Thread with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Digital Thread Market Size
2.2 Digital Thread Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Digital Thread Market Size by Manufacturers
3.2 Digital Thread Key Players Head office and Area Served
3.3 Key Players Digital Thread Product/Solution/Service
3.4 Date of Enter into Digital Thread Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Digital Thread Sales by Product
4.2 Global Digital Thread Revenue by Product
4.3 Digital Thread Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Digital Thread Breakdown Data by End User

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In the end, Digital Thread industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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