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PUBLISHER: IMARC | PRODUCT CODE: 1347716
PUBLISHER: IMARC | PRODUCT CODE: 1347716
Digital Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Market Overview 2023-2028:
The global digital manufacturing market size reached US$ 424.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,134.3 Billion by 2028, exhibiting a growth rate (CAGR) of 16.73% during 2023-2028.
Digital manufacturing can be defined as the process of developing products virtually in the form of digital prototypes using a Computer-Aided Design (CAD) software. The software is often integrated with 3D visualization, simulation, analytics and collaboration tools to streamline the manufacturing processes. Digital manufacturing solutions are also used to perform various factory-related functions, including tooling, machining, assembly sequencing and designing plant layouts. They also connect operators with smart machines, tools and sensors to gather production data, monitor inventory in real-time and facilitate accurate testing. Owing to this, it finds extensive application across various industries, such as electronics, automotive, aerospace and defense.
Digital Manufacturing Market Trends:
The emerging trend of digitalization, along with the increasing adoption of product lifecycle management (PLM) systems, represent as the key factors driving the growth of the market. The PLM is a cloud-based digital manufacturing solution that aids in managing complex product information, manufacturing workflows, product engineering and collaborations while offering remote access to the authorities. Furthermore, the thriving automotive industry is also creating a positive outlook for the market. Automotive manufacturers are incorporating digital manufacturing solutions in their assembly lines to increase design capabilities and to adopt sustainable production methods. Additionally, the development of technologically advanced and innovative digital manufacturing tools is providing a significant boost to the market growth. These tools offer direct connectivity with the shop-floor hardware and platforms that can manage data from both the PLM and manufacturing execution systems. Other factors, including the implementation of the Internet of Things (IoT) and robotics to detect errors in the early stages of manufacturing, along with the extensive research and development (R&D) in the field of production technologies, are projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global digital manufacturing market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, process type and application.
Breakup by Component:
Software
Services
Breakup by Process Type:
Computer-Based Designing
Computer-Based Simulation
Computer 3D Visualization
Analytics
Others
Breakup by Application:
Automation and Transportation
Aerospace and Defense
Consumer Electronics
Utilities and Processes
Industrial Machinery
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Autodesk Inc., Bentley Systems, Incorporated CAD Schroer GmbH, Dassault Systemes S.A., Mentor Graphics Corporation, Siemens Aktiengesellschaft and PTC Inc.
Key Questions Answered in This Report
- 1. What was the size of the global digital manufacturing market in 2022?
- 2. What is the expected growth rate of the global digital manufacturing market during 2023-2028?
- 3. What are the key factors driving the global digital manufacturing market?
- 4. What has been the impact of COVID-19 on the global digital manufacturing market?
- 5. What is the breakup of the global digital manufacturing market based on the component?
- 6. What is the breakup of the global digital manufacturing market based on the process type?
- 7. What is the breakup of the global digital manufacturing market based on the application?
- 8. What are the key regions in the global digital manufacturing market?
- 9. Who are the key players/companies in the global digital manufacturing market?
Product Code: SR112023A2048
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Digital Manufacturing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Software
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Services
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Process Type
- 7.1 Computer-Based Designing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Computer-Based Simulation
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Computer 3D Visualization
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Analytics
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Automation and Transportation
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aerospace and Defense
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Consumer Electronics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Utilities and Processes
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Industrial Machinery
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Autodesk Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Bentley Systems
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Incorporated CAD Schroer GmbH
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Dassault Systemes S.A
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Mentor Graphics Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 SWOT Analysis
- 14.3.6 PTC Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Siemens Aktiengesellschaft
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.1 Autodesk Inc.
Product Code: SR112023A2048
List of Figures
- Figure 1: Global: Digital Manufacturing Market: Major Drivers and Challenges
- Figure 2: Global: Digital Manufacturing Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Digital Manufacturing Market: Breakup by Component (in %), 2022
- Figure 4: Global: Digital Manufacturing Market: Breakup by Process Type (in %), 2022
- Figure 5: Global: Digital Manufacturing Market: Breakup by Application (in %), 2022
- Figure 6: Global: Digital Manufacturing Market: Breakup by Region (in %), 2022
- Figure 7: Global: Digital Manufacturing Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 8: Global: Digital Manufacturing (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Digital Manufacturing (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Digital Manufacturing (Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Digital Manufacturing (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Digital Manufacturing (Computer-Based Designing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Digital Manufacturing (Computer-Based Designing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Digital Manufacturing (Computer-Based Simulation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Digital Manufacturing (Computer-Based Simulation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Digital Manufacturing (Computer 3D Visualization) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Digital Manufacturing (Computer 3D Visualization) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Digital Manufacturing (Analytics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Digital Manufacturing (Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Digital Manufacturing (Other Processes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Digital Manufacturing (Other Processes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Digital Manufacturing (Automation and Transportation) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Digital Manufacturing (Automation and Transportation) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Digital Manufacturing (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Digital Manufacturing (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Digital Manufacturing (Consumer Electronics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Digital Manufacturing (Consumer Electronics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Digital Manufacturing (Utilities and Processes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Digital Manufacturing (Utilities and Processes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Digital Manufacturing (Industrial Machinery) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Digital Manufacturing (Industrial Machinery) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Digital Manufacturing (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Digital Manufacturing (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: North America: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: North America: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: United States: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: United States: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Canada: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Canada: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Asia Pacific: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Asia Pacific: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: China: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: China: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Japan: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Japan: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: India: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: India: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: South Korea: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: South Korea: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Australia: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Australia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Indonesia: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Indonesia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Europe: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Europe: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Germany: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Germany: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: France: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: France: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: United Kingdom: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: United Kingdom: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Italy: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Italy: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Spain: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Spain: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Russia: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Russia: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Latin America: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Latin America: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Brazil: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Brazil: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Mexico: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Mexico: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Others: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Others: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Middle East and Africa: Digital Manufacturing Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Middle East and Africa: Digital Manufacturing Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Global: Digital Manufacturing Industry: SWOT Analysis
- Figure 83: Global: Digital Manufacturing Industry: Value Chain Analysis
- Figure 84: Global: Digital Manufacturing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Digital Manufacturing Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Digital Manufacturing Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 3: Global: Digital Manufacturing Market Forecast: Breakup by Process Type (in Million US$), 2023-2028
- Table 4: Global: Digital Manufacturing Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Digital Manufacturing Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Digital Manufacturing Market: Competitive Structure
- Table 7: Global: Digital Manufacturing Market: Key Players
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