openPR Logo
Press release

Model Based Manufacturing Technologies Market Key Growth Factors and Industry Analysis 2017 - 2027

10-12-2017 02:51 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: FMI Research

Model Based Manufacturing Technologies Market Key Growth

There is a tectonic shift in the global manufacturing vertical, which is rapidly transforming the existing production lines as well as adding more dynamism to them. The trend of data exchange and automation in manufacturing technologies has led to the rise of Industry 4.0, more popularly known as smart factories. Modern day factories follow certain models that allow more efficient, systematic and cost-effective manufacturing. In order to stay competitive, manufacturers are adopting the latest model-based manufacturing technologies. Future Market Insights in its new report projects that the US$ 23,866 Mn global model-based manufacturing technology market is set to register an impressive CAGR of 7.4% during the forecast period (2017-2027) to reach a valuation of US$ 53,550 Mn. The arrival of smart manufacturing technologies and cloud-based CAD systems are expected to facilitate the growth of the market over the next couple of years.
 
Request to view Sample Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1575

 The FMI report also cites that robust development in RFID-based manufacturing technologies and modernization of oil & gas, food & beverage and few other large scale sectors are benefiting the global model-based manufacturing technologies market. In terms of revenue sales, North America and Europe were the most dominant markets for model-based manufacturing in 2016. Countries such as the U.S., the U.K., Germany and France are expected to remain key markets for sustainable revenue generation from sales of model-based manufacturing technologies throughout the forecast period. Some of the leading market players such as HCL, Siemens and PTC have a strong base in North America, which is also supporting the market’s growth in the region. Meanwhile, a massive growth potential exist in Asia with China, India, and Japan at the forefront. In terms of value, Asia Pacific excluding Japan (APEJ) is projected to be the most attractive market for model-based manufacturing technologies in 2017 and beyond. Market in Japan, on the other hand, is expected to register the highest Y-o-Y growth rates over 2027.

Request to download and view full ToC @ https://www.futuremarketinsights.com/reports/model-based-manufacturing-technologies-market/toc

Highlights of Report Also Include:

Based on software type, manufacturing execution systems (MES) and enterprise resource planning (ERP) systems will continue to be the most attractive segments of the market over the assessment period.
By end-user industry, automotive and oil & gas are expected to account for sizeable value shares of the market between 2017 and 2027. During the same period, industries such as the aerospace and the defence are likely to witness strong Y-o-Y growth rates as well.

For market players, emphases will remain on collaboration with software vendors, platform providers, and other OEM companies. To maintain a steady sales growth, agreements on long-term contracts with equipment suppliers will also be crucial. Also, strategies as such are anticipated to help equipment vendors to increase sales revenue and attract new potential customers in emerging markets. FMI’s report has profiled some of the top companies operating in the global model-based manufacturing technologies market, which include Aspen Technology Inc, Oracle Corp., SAP SE, Honeywell International, Inc., Ibaset Inc., Autodesk Inc., PTC, Inc., Siemens PLM Software Inc., Rockwell Automation, Inc., Dassault Systemes, Schneider Electric SE, ABB Ltd, Seabrook Technology Group, Vero Software Ltd, Sogeti High Tech SAS, KPIT Technologies Limited, General Electric Company, Statii Ltd, CNC Software, Inc, Cimatron Technologies, Inc.

View Report @ https://www.futuremarketinsights.com/reports/model-based-manufacturing-technologies-market

ABOUT US:

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:

Future Market Insights

616 Corporate Way, Suite 2-9018,

Valley Cottage, NY 10989,

United States

T: +1-347-918-3531

F: +1-845-579-5705

Email: sales@futuremarketinsights.com

Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Model Based Manufacturing Technologies Market Key Growth Factors and Industry Analysis 2017 - 2027 here

News-ID: 770754 • Views: 254

More Releases from FMI Research

Wearable Fitness Trackers Market Trends and Segments 2017-2025
Global wearable fitness trackers market is expected to witness significant growth during the forecast period. This growth is attributed to increasing number of corporate players in the market. The market is also increasing due to adoption of new technologies such as CGM (Constant Glucose Monitoring), which is gaining the customer’s interest in wearable fitness trackers. “Wearable Fitness Trackers Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027),” is the newly published report by Future
Public Cloud Application Services Market: 2016 Global Manufacturers Analysis wit …
The public cloud application infrastructure service market is gaining huge popularity throughout the world. This is evident due to the recent shift in enterprise business models that have now adopted cloud based services to revolutionize the concept of flexibility of infrastructure. Cloud computing is making rapid inroads and majority of companies are adopting the cloud model. This is because of the various advantages that the cloud model brings such as
Healthcare Revenue Cycle Management Software Market Key Growth Factors and Indus …
The adoption of revenue cycle management software and services in healthcare settings is driven by the need to increase net patient revenue, improve payment collection & billing efficiency, and recognise cash flow opportunities. From hospitals to independent physician clinics, the stress of enhancing the quality of patient care is increasing in parallel to the declining reimbursements and increasing risk-margin burdens. Since maximising the revenue cycle efficiency is a key focus
Physical Security Equipment Market Production Growth and Industry Analysis 2017 …
A recent research by Future Market Insights (FMI) has estimated the global physical security equipment market to reach nearly US$ 64,000 Mn in revenues by 2022-end. Over the forecast period (2017-2022), the global market for physical security equipment is projected to exhibit a staggering expansion at over 10% CAGR. Emergence of Thermal Cameras – A Major Trend Observed in the Market A major trend being discerned in the market is the emergence

All 5 Releases


More Releases for Tech

ESET joins Cybersecurity Tech Accord
It was over thirty years ago that the founders of ESET created the first version of the now globally recognized antimalware product used on over 110 million devices in homes, workplaces and on mobile devices. Their commitment, and that of everyone at ESET, is as strong today as it was back then, which is the reason ESET has partnered with more than thirty other technology companies and joined the Cybersecurity
Global Chemical Milling Market 2018 - Tech-Etch, Orbel, Tech Met
Apex Market Reports, recently published a detailed market research study focused on the “Chemical Milling Market” across the global, regional and country level. The report provides 360° analysis of “Chemical Milling Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Chemical Milling on
TELERAD TECH Private Limited
TELERAD TECH Private Limited Telerad Tech has been founded by a group of technology innovators and eminent radiologists with the focus to develop products and solutions to address the gaps and needs of Healthcare IT in general, and radiology automation systems in particular. Having partnered with leading a tele-radiology institute and led by technologists with background in developing and deploying automated solutions, Telerad Tech has the best mix of domain understanding
2nd Annual Power Tech Africa
In a region like sub-Saharan Africa where, 600 million people lack access to electricity, clean renewable energy has the potential to greatly boost the quality of life, economic development as well as environmental sustainability. Various developing nations are investing in renewable energy. Global investment in renewable has hit $285.9 billion in 2015, but more remains to be done to satisfy the needs of the ever growing population. Kenya with its robust
Algoworks’ Partnership With Tech Giants
Algoworks was recently associated with Cloudera as Cloudera SI partners, among other partnerships that the firm has achieved. The founders of the company shared their glee on coming so far in the duration of ten years. As the co-founder of Algoworks, Ajeet Singh says, “Our acute finesse in CRM technologies like Salesforce has assisted us in becoming the Salesforce registered consulting partners. Our unmatched excellence in ECM technologies also earned us
Tech Support: Influencing IoT Adoption
ReportsWorldwide has announced the addition of a new report title Tech Support: Influencing IoT Adoption to its growing collection of premium market research reports. This report examines the actual and perceived complexities and security risks that may serve as barriers to adoption of smart home and other emerging connected devices. It highlights the impact of these concerns and examines support strategies designed to overcome them. The report forecasts the technical support needs generated