Enjoy complimentary customisation on priority with our Enterprise License!
The electrical and electronics industries play a key role in boosting the growth of its many end-user segments such as banking, defense, telecom, the Internet, and energy. The APAC region is the fastest growing geographical segment in this market. Thanks to an increasing number of electronics and electrical components manufactures in countries such as Japan, Taiwan, South Korea, Thailand, China, Vietnam and India, the market is predicted to grow at a CAGR of more than 11%, until 2019.
The leading Asian countries have significantly moved away from imitation while focusing more on innovation. This shift was widely seen in South Korea and China where the market is expected to witness substantial investments in R&D during the forecast period. LG, a key consumer electronics manufacturing company, is actively setting up R&D centers in various global locations. Similarly, other manufacturers are expected to follow this trend closely.
The revenue from the software segment accounted for more than half of the global cPDM market in the electrical and electronics in 2014. It is mainly because of the demand for new PLM installations coming from the APAC region. Many medium sized industries are likely to adopt cPDM to enhance their management system, and it is expected to create an upsurge in the purchase of software licenses during the forecast period.
The Electrical and Electronics Industry in North America is undergoing a tough situation for the past few years. The growth of Asia as the electronic hub of the world has curtailed the growth of the electronics and electrical sector in the region.
Moreover, most of the companies present in the US such as Apple and Microsoft are outsourcing a major part of their products to low-cost countries such as China and India. However, as per the forecast, North America will continue to play a key role in the semiconductor manufacturing industry. One of the major reasons for this is the presence of global manufacturers in the US such as Intel, Texas Instruments, Qualcomm, NVIDIA, Broadcom, AMD, and Micron.
The Global cPDM market in the Electrical and Electronics Industry is fragmented with the presence of a large number of PLM software vendors. Many vendors have started to enhance their market potential through various innovative strategies and mergers and acquisitions. The cPDM products offered by those companies are given below:
Company | Products Offered |
Dassault Systèmes | Enovia |
PTC | Windchill |
Siemens PLM Software | Teamcenter |
Some of the other prominent vendors of the market include Accenture, HP, IBM, Oracle, Synopsys, TCS, Capgemini, and Deloitte.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.