Global DM in the Aerospace and Defense Sector - Market Research and Analysis 2015-2019
| Published: Nov 2015 | Pages: 93 | SKU: IRTNTR7313 |
Market definition and analysis of digital manufacturing
The report considers direct revenues as well as indirect revenue sources of market vendors to calculate the market size and vendor shares. Technavio market research analysts predict the global digital manufacturing (DM) market in the aerospace and defense industry to reach a market size of more than USD 295 million by 2019.
Traditionally, process planning preceded product planning in the manufacturing cycle. This practice in certain circumstances can lead to a possible incompatibility between the product and the production process, resulting in loss of time and capital.
Digital manufacturing enables simultaneous product and process planning, thus reducing the time for manufacture planning. This reduction in time is achieved through process automation, communication and collaboration, and simulation of the manufacturing process.
Geographical segmentation of the DM market in aerospace and defense
- APAC
- Americas
- EMEA
The DM market in EMEA in the aerospace and defense industry is expected to reach approximately USD 136 million in revenues by 2019. The major end-users of DM software for aerospace and defense industries are countries that have the highest military expenditure in Europe. They are the UK, France, and Germany.
Vendor landscape of the global DM in the aerospace and defense market
- Autodesk
- Dassault Systèmes
- Mentor Graphics
- PTC
- Siemens PLM Software
There are many vendors in the market looking to increase their market shares by offering innovative products. During the forecast period, many open-source vendors are expected emerge, thus intensifying the competition in this market.
The impact of product and training costs on the DM market in aerospace and defense
The world over, DM software and solutions are being launched with advanced features, more functionalities, and compatibility features. As they are complex solutions, professionals need to be trained to make optimum use of these solutions from the end user's perspective.
If an existing system is upgraded, professionals need further training to use the upgrades optimally. The training and product costs of these solutions are very high, and it has a key impact on the purchase decision of the end-user market. Unless the market vendors take corrective measures to convenience end-users, cost consideration will drive organizations and individuals towards the open-source software market for both academic and enterprise operations during the forecast period.
Key questions answered in the report
- What are the key factors driving the DM in the aerospace and defense market?
- What are the key market trends impacting the growth of the DM in the aerospace and defense market?
- What are the various opportunities and threats faced by the vendors in the DM in the aerospace and defense market?
- Trending factors influencing the market shares for EMEA, APAC, and Americas?
- Key outcome of the five forces analysis on the DM in the aerospace and defense market?
- Growth forecast of the DM in the aerospace and defense market until 2019?
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Table of Contents
- Highlights
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- PLM overview
- Role of PLM in product development process
- DM value creation
- Role of DM in manufacturing
- DM in aerospace and defense industry
- Market overview
- Five forces analysis
- South America
- North America
- Japan
- China
- South Korea
- India
- Germany
- France
- UK
- Competitive scenario
- Other prominent vendors
- Autodesk
- Dassault Systèmes
- Mentor Graphics
- PTC
- Siemens PLM Software
- List of abbreviation
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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