PLM in Discrete Manufacturing Market 2024 Competitive Landscape, Industry Analysis, Segmentation And Forecast To 2033

The new report published by The Business Research Company, titled "PLM in Discrete Manufacturing Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the plm in discrete manufacturing market size has grown strongly in recent years. It will grow from $22.06 billion in 2023 to $23.7 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The plm in discrete manufacturing market size is expected to see strong growth in the next few years. It will grow to $32.22 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.

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Plm In Discrete Manufacturing Market On The Rise With Growing Adoption Of Smart Factories And Manufacturing
The surge in the adoption of smart factories and smart manufacturing is expected to propel the growth of PLM in the discrete manufacturing market going forward. A smart factory refers to a digitized manufacturing facility, whereas smart manufacturing is a technology-driven approach that utilizes internet-connected machinery to monitor the production process. PLM Discrete helps smart factories and smart manufacturing by taking decisions that are made using this information to enhance procedures and deal with any potential problems. For instance, in March 2022, according to Plex Systems, a US-based software company operating in the PLM in the discrete manufacturing market, in its 7th annual state of smart manufacturing report, smart manufacturing adoption rates increased 50% over twelve months, and 2 out of every 3 manufacturers are using some form of smart manufacturing component. Therefore, the surge in the adoption of smart factories and smart manufacturing is driving the PLM in the discrete manufacturing market growth.

Strategic Collaborations Drive Growth And Innovation In The Plm In Discrete Manufacturing Market
Strategic collaboration is a key trend that is gaining traction in the discrete manufacturing PLM market. Major companies operating in the PLM discrete manufacturing market are looking for partnerships to strengthen their position in the PLM discrete manufacturing market. For instance in April 2021, Siemens AG, a Germany-based automation company operating in the PLM in discrete manufacturing market, partnered with SAP SE, a Germany-based software company. The expansion of their partnership enables both companies to deliver new solutions for the service and asset lifecycle. With an initial focus on discrete manufacturing, Siemens is expected to begin to offer the SAP asset intelligence network, the SAP asset strategy and performance management application, and the SAP enterprise portfolio and project management package.

The plm in discrete manufacturing market covered in this report is segmented -

1) By Component: Software, Services
2) By Enterprise Size: Large Enterprises, Small and Medium Enterprises
3) By Deployment Model: On-Premise, Cloud
4) By Industry Vertical: Automotive and Transportation, Industrial Machinery and Heavy Equipment, High-Tech And Consumer Electronics, Aerospace and Defense, Other Industry Verticals

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Major companies operating in the plm in discrete manufacturing market report are ANSYS Inc, Plex Systems Inc, Autodesk Inc, Dassault Systèmes SE, Infor, Oracle Corporation, Parametric Technology Corporation Inc, SAP SE, Siemens AG, Synopsys Inc, Lascom, Engusa, GRAMONT Group, KloudPLM, OpenBOM, Aras Corporation, Arena Solutions Inc., Cadence Design Systems Inc., Centric Software Inc., Computer Integrated Manufacturing data Inc., Spacewell Energy, ESI Group, Granta Design Limited, Hindustan Computers Limited, International Business Machines Corporation, Infosys Limited, Mentor Graphics Corporation, Parametric Technology Corporation, Tata Technologies Limited, Wipro Limited

Contents of the report:
1. Executive Summary
2. PLM in Discrete Manufacturing Market Report Structure
3. PLM in Discrete Manufacturing Market Trends And Strategies
4. PLM in Discrete Manufacturing Market - Macro Economic Scenario
5. PLM in Discrete Manufacturing Market Size And Growth
…..
27. PLM in Discrete Manufacturing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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