Digital Manufacturing Market Size, Industry Trends, Growth and Forecast Analysis 2022-2027

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SHERIDAN, WY, USA, Sept. 20, 2022 /EINPresswire.com/ — The latest report released by IMARC Group, titled “Digital Manufacturing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” , offers a comprehensive industry analysis, which includes insights into digital manufacturing market trends. The report also includes competitor and regional analysis, as well as contemporary market advancements. The global digital manufacturing market size reached US$341.6 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$967.5 billion by 2027, posting a growth rate (CAGR) of 17.9% during the period 2022-2027.

Industry Overview:

Digital manufacturing offers a technology-based approach that uses various integrated and computerized systems to plan, design, and execute various product production operations. It uses computer-aided design (CAD), computer-aided modeling (CAM), Internet of Things (IoT), simulation, three-dimensional (3D) visualization and big data analysis as standard concepts. These solutions create the layout of the entire manufacturing process, organize production lines, perform assembly sequencing, and manufacture products. Apart from this, digital manufacturing helps increase efficiency, providing instant turnover at different levels of the value chain, minimizing operational costs, reducing potential errors and automating data exchange.

Request a free PDF sample of the report: https://www.imarcgroup.com/digital-manufacturing-market/requestsample

Digital Manufacturing Market Trends:

Rapid digitalization and growing demand for automated safety management and manufacturing units to optimize overall productivity is majorly driving the growth of the market. Additionally, the widespread adoption of product lifecycle management (PLM) systems across various industries to manage complex item information and perform product engineering functions is driving the demand for products. Additionally, the extensive use of digital manufacturing in the automotive industry to instantly design essential tools and connected devices by reducing vehicle downtime is driving the market growth. Additionally, the increase in accidents in industries due to falling objects, fatigue, or working in hazardous areas is fueling the need for digital manufacturing for effective human resource management. Additionally, the introduction of robotics and fifth-generation (5G) technologies, smart wearable devices, remote monitoring, and the integration of building information modeling (BIM) software and monitoring solutions by radio frequency identification (RFID) are creating a positive outlook for the market. .

Competitive Analysis and Segmentation of the Digital Manufacturing Market 2022-2027:

Competitive landscape with key players:

The competitive landscape of the Digital Manufacturing Market has been studied in the report along with the detailed profiles of key players operating in the market.

Some of these key players include:

• Autodesk Inc.
• Bentley Systems, Incorporated
• CAD Schroer GmbH
• Dassault Systemes SA
• Mentor Graphics Corporation
• Siemens Aktiengesellschaft
• PTC Inc.

Key Market Segmentation:

The report has segmented the global digital manufacturing market on the basis of component, process type, application, and region.

Breakdown by component:

• Software
• Services

Breakdown by type of process:

• Computer Aided Design
• Computer simulation
• 3D visualization by computer
• Analytic
• Others

Breakdown by application:

• Automation and transportation
• Aeronautics and Defense
• Consumer electronics
• Utilities and processes
• Industrial machinery
• Others

Breakdown by region:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

Ask analyst to customize: https://www.imarcgroup.com/request?type=report&id=2048&flag=C

Main highlights of the report:

• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Market trends
• Market drivers and success factors
• Impact of COVID-19
• Value chain analysis
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.

About Us
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

Our offerings include comprehensive market information in the form of research reports, production cost reports, feasibility studies and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

Elena Anderson
IMARC Services Private Limited
+1 6317911145
write to us here


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