Global BOM Software Market 2016-2020: Features Key Market Vendors ( Autodesk, Arena Solutions, Aras, Dassault Systmes, PTC, Siemens PLM )

Albany, NY, April 25, 2017: The BOM is a list of raw materials, parts, and components and the quantity of them required to manufacture a product. There are three types of BOM:
- Manufacturing BOM: It is a list of parts required to manufacture a complete product.
- Engineering BOM: It is a list of parts required as per the engineering drawing notes, which are made prior to manufacturing a product. It also includes substitute parts and alternative parts that are required during the design stage.
- Service BOM: It is a list of parts required during the maintenance and service stage.

BOM software helps to visualize and share BOM information across various units of an organization on a real-time basis. BOM software is widely used to track the changes made to a product during different stages of its life cycle. It is used to maintain consistency and have a record of the raw materials consumed during the life cycle of a particular model.

The global BOM software market to grow at a CAGR of 8.14% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global BOM software market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total application of BOM globally. The report does not include revenue generated from the aftermarket service of the product.

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Technavio's report, Global Bill of Materials (BOM) Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Autodesk
- Arena Solutions
- Aras
- Dassault Systmes
- PTC
- Siemens PLM

Other prominent vendors
- IQMS
- Omnify Software
- Open systems
- Oracle
- SAP
- Siliceon Expert Technologies

Market driver
- Improved efficiency of supply chain
- For a full, detailed list, view our report

Market challenge
- Growing concerns over data security
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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