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Digital Manufacturing in Electrical and Electronics Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR45421
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The digital manufacturing market in the electrical and electronics industry market share is expected to increase by USD 14.67 billion from 2020 to 2025, and the market's growth momentum will decelerate at a CAGR of 17.59%.

This digital manufacturing market in the electrical and electronics industry market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the digital manufacturing market in electrical and electronics industry market segmentation by type (solution and services) and geography (APAC, North America, Europe, South America, and MEA). The digital manufacturing market in the electrical and electronics industry market report also offers information on several market vendors, including Autodesk Inc., Bentley Systems Inc., CAD Schroer GmbH, Capgemini SE, Dassault Systemes SE, DREAMZTECH SOLUTIONS INC., Hewlett Packard Enterprise Development LP, PTC Inc., Siemens AG, and Tulip Interfaces Inc. among others.

What will the Digital Manufacturing Market In Electrical And Electronics Industry Market Size be During the Forecast Period?

Digital Manufacturing in Electrical and Electronics Market Size

Download the Free Report Sample to Unlock the Digital Manufacturing Market in Electrical and Electronics Industry Market Size for the Forecast Period and Other Important Statistics

 

Digital Manufacturing Market In Electrical And Electronics Industry Market: Key Drivers, Trends, and Challenges

The growing use of DM for improved traceability is notably driving the digital manufacturing market in the electrical and electronics industry market growth, although factors such as the threat of pirated software may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the digital manufacturing market in the electrical and electronics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Digital Manufacturing Market In Electrical And Electronics Industry Market Driver

The growing use of DM for improved traceability will be a major factor driving the global digital manufacturing market in electrical and electronics industry. Warranty management is a major issue faced by many industries in various sectors. Though a warranty enhances customer trust and satisfaction with the product, certain aspects of warranty management, such as product recall, have a negative effect on the consumer rather than a positive one. The major solution for the reduction or elimination of product recalls is traceability. Traceability is the process of verifying the systems or products with the help of well-documented past data. One of the major facts that drive the market for DM is its role in traceability in manufacturing processes. DM collects all data regarding the manufacturing process, compares it with the production plans, and warns the management in case of any inconsistency. This helps to identify issues affecting the product from the root level. Traceability, obtained through DM, helps achieve certain objectives such as an increased level of proactiveness by easy identification of faulty products prior to customer delivery. Therefore, the growth of the market will be significant during the forecast period.

Key Digital Manufacturing Market In Electrical And Electronics Industry Market Trend

The increased use of mobile DM applications is another factor supporting the global digital manufacturing market in electrical and electronics industry. One of the major trends in the DM market is the increased focus on mobile applications. Some of the major DM-specific mobile applications and their manufacturers are Manufacturing 360: The software includes demo videos, case studies, and blog posts. It helps in assembly manufacturing and part manufacturing. Similarly, Tecnomatix 360 includes demo videos, case studies, and blog posts. It helps in assembly manufacturing, planning and validation, plant design optimization, and manufacturing process management. Product Lifecycle Management (PLM) manufacturers, such as PTC, have applications such as Windchill mobile. However, they do not have DM-specific applications like Siemens. These types of applications increase the mobility and ease of use of DM software from different locations. It is expected that most of the major players in the PLM industry would be providing DM-specific mobile applications during the forecast period, thereby driving the growth of the market.

Key Digital Manufacturing Market In Electrical And Electronics Industry Market Challenge

The threat of pirated software will be a major challenge for the global digital manufacturing market in electrical and electronics industry. Piracy issues associated with DM software are a major challenge for vendors, leading to a decrease in their revenue. The sharing of a purchasing license of a single end-user with other end-users is also considered software piracy. Trade groups, such as the Software Alliance (formerly known as BSA), represent a large number of software makers in the world. These groups have taken steps to initiate awareness about the risk of using pirated software. The pirated software mostly contains hostile software or malware, which causes serious problems during installation, such as loss of data and data security breaches, increase in expense and time to clean the system after it is affected by malware, loss of proprietary information. PLM vendors such as Siemens PLM Software, PTC, Dassault Systmes, and Autodesk are members of the Software Alliance, and as a result of their action, the number of piracy incidents has declined to a considerable extent. However, this will still hamper the growth of the market.

This digital manufacturing market in electrical and electronics industry market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global digital manufacturing market in electrical and electronics industry as a part of the global systems software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the digital manufacturing market in electrical and electronics industry market during the forecast period.

Who are the Major Digital Manufacturing Market In Electrical And Electronics Industry Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Autodesk Inc.
  • Bentley Systems Inc.
  • CAD Schroer GmbH
  • Capgemini SE
  • Dassault Systemes SE
  • DREAMZTECH SOLUTIONS INC.
  • Hewlett Packard Enterprise Development LP
  • PTC Inc.
  • Siemens AG
  • Tulip Interfaces Inc.

 

This statistical study of the digital manufacturing market in electrical and electronics industry market encompasses successful business strategies deployed by the key vendors. The digital manufacturing market in electrical and electronics industry market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Autodesk Inc.- The company offers digital manufacturing solutions for different types of industries such as precise tooling, Airbus, Schneider Electric, and others.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The digital manufacturing market in electrical and electronics industry market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Digital Manufacturing Market In Electrical And Electronics Industry Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the digital manufacturing market in electrical and electronics industry market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global systems software market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Digital Manufacturing Market In Electrical And Electronics Industry Market?

Digital Manufacturing in Electrical and Electronics Market Market segmentation by region

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61% of the market's growth will originate from APAC during the forecast period. China, Japan and South Korea (Republic of Korea) are the key markets for the digital manufacturing market in electrical and electronics industry market in APAC. Market growth in this region will be faster than the growth of the market in all other regions.

DM becoming an inevitable link in manufacturing will facilitate the digital manufacturing market in the electrical and electronics industry market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

 

What are the Revenue-generating Type Segments in the Digital Manufacturing Market In Electrical And Electronics Industry Market?

Digital Manufacturing in Electrical and Electronics Market Segmentation

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The digital manufacturing market in electrical and electronics industry market share growth by the solution segment will be significant during the forecast period. The global DM market in electrical and electronics industry is expected to grow during the forecast period, owing to the increasing adoption of cloud-enabled solutions, a rise in data complexity among large enterprises, and the increasing probability of cyber threats impacting the profitability of the business.

This report provides an accurate prediction of the contribution of all the segments to the growth of the digital manufacturing market in electrical and electronics industry market size and actionable market insights on post COVID-19 impact on each segment.

 

Digital Manufacturing Market In Electrical And Electronics Industry Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 17.59%

Market growth 2021-2025

$ 14.67 billion

Market structure

Fragmented

YoY growth (%)

21.11

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 61%

Key consumer countries

China, US, Japan, Germany, South Korea (Republic of Korea), and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Autodesk Inc., Bentley Systems Inc., CAD Schroer GmbH, Capgemini SE, Dassault Systemes SE, DREAMZTECH SOLUTIONS INC., Hewlett Packard Enterprise Development LP, PTC Inc., Siemens AG, and Tulip Interfaces Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Digital Manufacturing Market In Electrical And Electronics Industry Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital manufacturing market in electrical and electronics industry market growth during the next five years
  • Precise estimation of the digital manufacturing market in electrical and electronics industry market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital manufacturing market in electrical and electronics industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of the digital manufacturing market in electrical and electronics industry market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Values chain analysis: Systems software

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 15: Type - Market share 2020-2025 (%)
    • 5.2 Comparison by Type
      • Exhibit 16: Comparison by Type
    • 5.3 Solution - Market size and forecast 2020-2025
      • Exhibit 17: Solution - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 18: Solution - Year-over-year growth 2020-2025 (%)
    • 5.4 Services - Market size and forecast 2020-2025
      • Exhibit 19: Services - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 20: Services - Year-over-year growth 2020-2025 (%)
    • 5.5 Market opportunity by Type
      • Exhibit 21: Market opportunity by Type

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 23: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 24: Geographic comparison
    • 7.3 APAC - Market size and forecast 2020-2025
      • Exhibit 25: APAC - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 26: APAC - Year-over-year growth 2020-2025 (%)
    • 7.4 North America - Market size and forecast 2020-2025
      • Exhibit 27: North America - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
    • 7.5 Europe - Market size and forecast 2020-2025
      • Exhibit 29: Europe - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 31: South America - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 32: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 33: MEA - Market size and forecast 2020-2025 ($ billion)
      • Exhibit 34: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 35: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 36: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 37: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • Exhibit 38: Vendor landscape
        • 9.2 Landscape disruption
          • Exhibit 39: Landscape disruption
          • Exhibit 40: Industry risks

        10 Vendor Analysis

        • 10.1 Vendors covered
          • Exhibit 41: Vendors covered
        • 10.2 Market positioning of vendors
          • Exhibit 42: Market positioning of vendors
        • 10.3 Autodesk Inc.
          • Exhibit 43: Autodesk Inc. - Overview
          • Exhibit 44: Autodesk Inc. - Business segments
          • Exhibit 45: Autodesk Inc. - Key news
          • Exhibit 46: Autodesk Inc. - Key offerings
        • 10.4 Bentley Systems Inc.
          • Exhibit 47: Bentley Systems Inc. - Overview
          • Exhibit 48: Bentley Systems Inc. - Product and service
          • Exhibit 49: Bentley Systems Inc. - Key news
          • Exhibit 50: Bentley Systems Inc. - Key offerings
        • 10.5 CAD Schroer GmbH
          • 10.6 Capgemini SE
            • Exhibit 54: Capgemini SE - Overview
            • Exhibit 55: Capgemini SE - Business segments
            • Exhibit 56: Capgemini SE - Key news
            • Exhibit 57: Capgemini SE - Key offerings
            • Exhibit 58: Capgemini SE - Segment focus
          • 10.7 Dassault Systemes SE
            • Exhibit 59: Dassault Systemes SE - Overview
            • Exhibit 60: Dassault Systemes SE - Business segments
            • Exhibit 61: Dassault Systemes SE - Key news
            • Exhibit 62: Dassault Systemes SE - Key offerings
            • Exhibit 63: Dassault Systemes SE - Segment focus
          • 10.8 DREAMZTECH SOLUTIONS INC.
            • Exhibit 64: DREAMZTECH SOLUTIONS INC. - Overview
            • Exhibit 65: DREAMZTECH SOLUTIONS INC. - Product and service
            • Exhibit 66: DREAMZTECH SOLUTIONS INC. - Key offerings
          • 10.9 Hewlett Packard Enterprise Development LP
            • Exhibit 67: Hewlett Packard Enterprise Development LP - Overview
            • Exhibit 68: Hewlett Packard Enterprise Development LP - Business segments
            • Exhibit 69: Hewlett Packard Enterprise Development LP - Key offerings
            • Exhibit 70: Hewlett Packard Enterprise Development LP - Segment focus
          • 10.10 PTC Inc.
            • Exhibit 71: PTC Inc. - Overview
            • Exhibit 72: PTC Inc. - Business segments
            • Exhibit 73: PTC Inc. - Key offerings
            • Exhibit 74: PTC Inc. - Segment focus
          • 10.11 Siemens AG
            • Exhibit 75: Siemens AG - Overview
            • Exhibit 76: Siemens AG - Business segments
            • Exhibit 77: Siemens AG - Key news
            • Exhibit 78: Siemens AG - Key offerings
            • Exhibit 79: Siemens AG - Segment focus
          • 10.12 Tulip Interfaces Inc.
            • Exhibit 80: Tulip Interfaces Inc. - Overview
            • Exhibit 81: Tulip Interfaces Inc. - Product and service
            • Exhibit 82: Tulip Interfaces Inc. - Key offerings

          11 Appendix

          • 11.1 Scope of the report
            • 11.2 Currency conversion rates for US$
              • Exhibit 83: Currency conversion rates for US$
            • 11.3 Research methodology
              • Exhibit 84: Research Methodology
              • Exhibit 85: Validation techniques employed for market sizing
              • Exhibit 86: Information sources
            • 11.4 List of abbreviations
              • Exhibit 87: List of abbreviations

            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.

            TechnavioINFORMATION 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
            Technavio

            TechnavioDATA 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
            Technavio

            TechnavioREPORT WRITING

            Qualitative

            • Market drivers
            • Market challenges
            • Market trends
            • Five forces analysis

            Quantitative

            • Market size and forecast
            • Market segmentation
            • Geographical insights
            • Competitive landscape
            Interested in this report?
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            Digital Manufacturing Market in Electrical and Electronics Industry Market market growth will increase by $14.67 bn during 2021-2025.
            The digital manufacturing market in electrical and electronics industry market market is expected to grow at a CAGR of 17.59% during 2021-2025.
            Technavio has segmented the digital manufacturing market in electrical and electronics industry market market by type (solution and services) ,geography (APAC, North America, Europe, South America, and MEA) , and geographic (APAC, North America, Europe, South America, and MEA).
            Autodesk Inc., Bentley Systems Inc., CAD Schroer GmbH, Capgemini SE, Dassault Systemes SE, DREAMZTECH SOLUTIONS INC., Hewlett Packard Enterprise Development LP, PTC Inc., Siemens AG, Tulip Interfaces Inc. are a few of the key vendors in the digital manufacturing market in electrical and electronics industry market market.
            APAC will register the highest growth rate of 61% among the other regions. Therefore, the digital manufacturing market in electrical and electronics industry market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
            The key factors driving the digital manufacturing market in electrical and electronics industry market market growth are:
            • growing use of DM for improved traceability
            • Increased use of mobile DM applications
            The digital manufacturing market in electrical and electronics industry market market vendors should focus on grabbing business opportunities from the solution segment as it accounted for the largest market share in the base year.
            • 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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            • Covid-19 impact and recovery analysis
            • Data on revenue-generating market segments
            • Details on the market shares of various regions
            • Five-force market analysis

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