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Digital Manufacturing Market by Component (Hardware, Software, and Services), Technology (Robotics, 3D Printing, Internet of Things (IoT), and Others), and Application (Automotive & Transportation, Aerospace & Defense, Consumer Electronics, Industrial Machinery, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030

A11759
Pages: 254
Jun 2021 | 442 Views
   
Author(s) : Priyanka Khandelwal
Tables: 126
Charts: 74
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The global digital manufacturing market is expected to reach $1,370.3 billion by 2030, from $276.5 billion in 2020, registering a CAGR of 16.5% from 2021 to 2030. Digital manufacturing is an integrated approach to manufacture or construct products using a computer system. It uses computer aided design (CAD), computer aided modeling (CAM), Internet of Things (IoT), and Big data analytics concepts. Digital manufacturing has features such as maximized productivity, improved quality, reduced operating costs, and limited repetitive work.  

The COVID-19 outbreak had a mixed effect on the growth of the digital manufacturing market as the lockdown during the COVID-19 has enabled wide adoption of newer technologies to allow projects to continue in a virtual and digital environment even when participants were unable to meet in person. The pandemic has forced to find safer and smarter ways for operating smoothly and effectively in manufacturing industries. On the other hand, the market was hampered owing to limited manufacturing activities carried out due to lockdown.

Efficient safety management on manufacturing sites is a major driving factor for implementation of IoT technologies in the manufacturing industry. The industry is one of the major employers of human resources. These workers are constantly prone to accidents on sites due to falling objects, fatigue, working on dangerous areas, and others.

Digital-Manufacturing-Market-2021-2030

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Major players offer artificial intelligence (AI) based software system to the manufacturing industry. For instance, in November 2020, Autodesk Inc. launched a new set of products for Autodesk manufacturing cloud, which is a cloud connected platform for design manufacturing and construction firms. Three products launched were Autodesk build, Autodesk Takeoff, and Autodesk BIM Collaborate. These products are cloud- and AI-based systems. All such instances are expected to fuel growth of the market.

Trends show that adoption of Industry 4.0 in automotive and transportation industry accelerates automotive production at a faster pace. Digital manufacturing equips interior suppliers and manufacturers of automotive with necessary tools and connected devices in modern area. It provides day-to-day information related to fabrication, construction operations, weak links, equipment downtimes, and upcoming responsibilities, which reduces vehicle downtime and achieves maximum productivity from vehicles in minimum fuel consumption. In addition, rise in spending on research & development in manufacturing industries fuels growth of the market in France. For instance, spending on research & development in France grew by 4.5% from 2018 to 2019. The company uses artificial intelligence (AI), Internet of Things (IoT), and 5G in industrial practices. Rise in awareness regarding digital transformation in manufacturing sectors drives growth of the digital manufacturing market. Robotics technology is largely adopted in medical devices applications, automotive, and defense applications. Rise in spending on information and telecommunication in Italy grew by 21.7% from 2018 to 2020. All such instances drive growth of the market.

Hence, advantages of growing productivity on manufacturing industries drives growth of the digital manufacturing market. However, rise in concerns regarding cyber security hinders adoption of IoT technologies and machine learning in the manufacturing industry. Data-driven decision-making at the planning stage of construction projects is anticipated for better management of resources; thereby, improving project efficiency. However, robotics in manufacturing sites and rise in awareness about use of IoT, big data, and analytics in manufacturing sites, is anticipated to provide lucrative opportunities for growth of the digital manufacturing market. 

Digital Manufacturing Market
By Component

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Hardware segment holds dominant position in 2020

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The digital manufacturing market is segmented on the basis of component, technology, application, and region. By component, the digital manufacturing market is fragmented into hardware, software, and services. Hardware segment sub-divided into RFID tags, sensors, intelligent systems, and others. Software segment is sub-divided into data and operation management software, safety and security systems, connectivity solutions, analytics solutions, remote management & logistics solutions. Services segment sub-divided into support and maintenance, system integration, and consultancy services. By technology, it is categorized into robotics, 3D printing, internet of things (IoT), and others. By application, it is classified into automotive and transportation, aerospace & defense, consumer electronics, industrial machinery, and others. 

Regionally, the digital manufacturing market has been analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). 

Digital Manufacturing Market
By Application

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Consumer electronics segment is expected to grow at a significant CAGR

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Competition Analysis

Key companies profiled in the report include Dassault Systems, Tata Consultancy Services, Siemens AG, Autodesk Inc, Mentor Graphics Corporation, Parametric Technology Corporation Inc, SAP SE, ARAS Corporation, Cogiscan Inc, and Bestplant.

Major players are adopting acquisition, product launch, and business expansion as key developmental strategies to improve product portfolio of digital manufacturing products. For instance, in May 2021, Siemens EDA acquired Supplyframe, specialized in providing design-to-source platform to electronics value chain. This acquisition would help reduce cost, improve quality of decisions, and increase agility to customers. This is also expected to enhance portfolio by SaaS in the industry including printed circuit board, electronic design automation, and other technological fields

Digital Manufacturing Market
By Region

2030
North America 
Europe
Asia-pacific
Lamea

North America Region is expected to dominate the market during the forecast period.

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Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current trends and future estimations.  
  • Extensive analysis of digital manufacturing market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The digital manufacturing market forecast analysis from 2021 to 2030 is included in the report.
  • The key market players within the digital manufacturing market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the digital manufacturing market.

Digtial Manufacturing Market Segments

By Component

  • Hardware
    • RFID Tags
    • Sensor
    • Intelligent System
    • Others
  • Software 
    • Data and Operation Management Software
    • Safety and Security Systems
    • Connectivity solutions
    • Analytics Solutions
    • Remote Management & logistic solutions
    • Asset Management Solutions
  • Services
    • Support and maintenance
    • System Integration
    • Consulting Services

By Technology

  • Robotics
  • 3D Printing
  • Internet of Things (IoT)
  • Others    

By Application

  • Automotive and Transportation
  • Aerospace and Defense
  • Consumer Electronics
  • Industrial Machinery
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Dassault Systemes
  • Tata Consultancy Services
  • Siemens AG
  • Autodesk Inc
  • Hexagon AB
  • Parametric Technology Corporation Inc
  • SAP SE
  • ARAS Corporation
  • Cogiscan Inc
  • Bestplant
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key Findings of The Study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Market player positioning, 2020
3.4.Porter's five forces analysis
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Efficient safety management on manufacturing sites
3.5.1.2.Increased efficiency and productivity on manufacturing sites
3.5.1.3.Labor shortages on manufacturing sites

3.5.2.Restraint

3.5.2.1.Increased security threats in connected devices

3.5.3.Opportunity

3.5.3.1.Robotics in manufacturing
3.5.3.2.Rise in awareness in emerging countries

3.6.COVID-19 Impact Analysis

CHAPTER 4:DIGITAL MANUFACTURING MARKET, BY COMPONENT

4.1.Overview

4.1.1.Market size and forecast, by component

4.2.Hardware

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region

4.2.2.1.Market size and forecast, by type
4.2.3.Market size and forecast, by country

4.3.Software

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.2.1.Market size and forecast, by type
4.3.3.Market size and forecast, by country

4.4.Services

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region

4.4.2.1.Market size and forecast, by type

4.4.3.Market size and forecast, by country

CHAPTER 5:DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY

5.1.Overview

5.1.1.Market size and forecast, by technology

5.2.Robotics

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market size and forecast, by country

5.3.3D Printing

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market size and forecast, by country

5.4.Internet of things (IoT)

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market size and forecast, by country

5.5.Others

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market size and forecast, by country

CHAPTER 6:DIGITAL MANUFACTURING MARKET, BY APPLICATION

6.1.Overview

6.1.1.Market size and forecast, by technology

6.2.Automotive and Transportation

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market size and forecast, by country

6.3.Aerospace and Defense

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market size and forecast, by country

6.4.Consumer Electronics

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market size and forecast, by country

6.5.Industrial Machinery

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market size and forecast, by country

6.6.Others

6.6.1.Key market trends, growth factors, and opportunities
6.6.2.Market size and forecast, by region
6.6.3.Market size and forecast, by country

CHAPTER 7:DIGITAL MANUFACTURING MARKET, BY REGION

7.1.Market overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.North America market size and forecast, by component
7.2.2.1.North America market size and forecast, by hardware
7.2.2.2.North America market size and forecast, by software
7.2.2.3.North America market size and forecast, by services
7.2.3.North America market size and forecast, by technology
7.2.4.North America market size and forecast, by application
7.2.5.North America market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.U.S. market size and forecast, by component
7.2.5.1.2.U.S. market size and forecast, by technology
7.2.5.1.3.U.S. market size and forecast, by application

7.2.5.2.Canada

7.2.5.2.1.Canada market size and forecast, by component
7.2.5.2.2.Canada market size and forecast, by technology
7.2.5.2.3.Canada market size and forecast, by application

7.2.5.3.Mexico

7.2.5.3.1.Mexico market size and forecast, by component
7.2.5.3.2.Mexico market size and forecast, by technology
7.2.5.3.3.Mexico market size and forecast, by application

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Europe market size and forecast, by component
7.3.2.1.Europe market size and forecast, by hardware
7.3.2.2.Europe market size and forecast, by software
7.3.2.3.Europe market size and forecast, by component
7.3.3.Europe market size and forecast, by technology
7.3.4.Europe market size and forecast, by application
7.3.5.Europe market size and forecast, by country

7.3.5.1.Germany

7.3.5.1.1.Germany market size and forecast, by component
7.3.5.1.2.Germany market size and forecast, by technology
7.3.5.1.3.Germany market size and forecast, by application

7.3.5.2.UK

7.3.5.2.1.UK market size and forecast, by component
7.3.5.2.2.UK market size and forecast, by technology
7.3.5.2.3.UK market size and forecast, by application

7.3.5.3.France

7.3.5.3.1.France market size and forecast, by component
7.3.5.3.2.France market size and forecast, by technology
7.3.5.3.3.France market size and forecast, by application

7.3.5.4.Italy

7.3.5.4.1.Italy market size and forecast, by component
7.3.5.4.2.Italy market size and forecast, by technology
7.3.5.4.3.Italy market size and forecast, by application

7.3.5.5.Rest of Europe

7.3.5.5.1.Rest of Europe market size and forecast, by component
7.3.5.5.2.Rest of Europe market size and forecast, by technology
7.3.5.5.3.Rest of Europe market size and forecast, by application

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Asia-Pacific market size and forecast, by component

7.4.2.1.Asia-Pacific market size and forecast, by hardware
7.4.2.2.Asia-Pacific market size and forecast, by software
7.4.2.3.Asia-Pacific market size and forecast, by services

7.4.3.Asia-Pacific market size and forecast, by technology
7.4.4.Asia-Pacific market size and forecast, by application
7.4.5.Asia-Pacific market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.China market size and forecast, by component
7.4.5.1.2.China market size and forecast, by technology
7.4.5.1.3.China market size and forecast, by application

7.4.5.2.India

7.4.5.2.1.India market size and forecast, by component
7.4.5.2.2.India market size and forecast, by technology
7.4.5.2.3.India market size and forecast, by application

7.4.5.3.Japan

7.4.5.3.1.Japan market size and forecast, by component
7.4.5.3.2.Japan market size and forecast, by technology
7.4.5.3.3.Japan market size and forecast, by application

7.4.5.4.Australia

7.4.5.4.1.Australia market size and forecast, by component
7.4.5.4.2.Australia market size and forecast, by technology
7.4.5.4.3.Australia market size and forecast, by application

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Rest of Asia-Pacific market size and forecast, by component
7.4.5.5.2.Rest of Asia-Pacific market size and forecast, by technology
7.4.5.5.3.Rest of Asia-Pacific market size and forecast, by application

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.LAMEA market size and forecast, by component

7.5.2.1.LAMEA market size and forecast, by hardware
7.5.2.2.LAMEA market size and forecast, by software
7.5.2.3.LAMEA market size and forecast, by services

7.5.3.LAMEA market size and forecast, by technology
7.5.4.LAMEA market size and forecast, by application
7.5.5.LAMEA market size and forecast, by country
7.5.6.Latin America

7.5.6.1.1.Latin America market size and forecast, by component
7.5.6.1.2.Latin America market size and forecast, by technology
7.5.6.1.3.Latin America market size and forecast, by application

7.5.6.2.Middle East

7.5.6.2.1.Middle East market size and forecast, by component
7.5.6.2.2.Middle East market size and forecast, by technology
7.5.6.2.3.Middle East market size and forecast, by application

7.5.6.3.Africa

7.5.6.3.1.Africa market size and forecast, by component
7.5.6.3.2.Africa market size and forecast, by technology
7.5.6.3.3.Africa market size and forecast, by application

CHAPTER 8:COMPANY PROFILES

8.1.Autodesk Inc.

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.Research and development expenses
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.ARAS Corporation

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Product portfolio

8.3.Bestplant

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio

8.4.DURR Group (Cogiscan)

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Product portfolio
8.4.5.Research and development expenses
8.4.6.Business performance
8.4.7.Key strategic moves and developments

8.5.Dassault Systèmes

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Product portfolio
8.5.5.Research and development expenses
8.5.6.Business performance
8.5.7.Key strategic moves and developments

8.6.HEXAGON AB

8.6.1.Company overview
8.6.2.Key Executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D Expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.Parametric Technology Corporation

8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Product portfolio
8.7.5.Research and development expenses
8.7.6.Business performance

8.8.SAP SE

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Product portfolio
8.8.5.Research and development expenses
8.8.6.Business performance

8.9.Siemens AG (Mentor Graphics Corporation)

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Product portfolio
8.9.5.Research and development expenses
8.9.6.Business performance
8.9.7.Key strategic moves and developments

8.10.TATA Consultancy Services

8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot
8.10.4.Product portfolio
8.10.5.Research and development expenses
8.10.6.Business performance

LIST OF TABLES

TABLE 01.DIGITAL MANUFACTURING MARKET REVENUE, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 02.DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY REGION, 2020–2030 ($BILLION)
TABLE 03.DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 04.DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY REGION, 2020–2030 ($BILLION)
TABLE 05.DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 06.DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY REGION, 2020–2030 ($BILLION)
TABLE 07.DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY TYPE, 2020–2030 ($BILLION)
TABLE 08.DIGITAL MANUFACTURING MARKET REVENUE, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 09.DIGITAL MANUFACTURING MARKET REVENUE FOR ROBOTICS, BY REGION, 2020–2030 ($BILLION)
TABLE 10.DIGITAL MANUFACTURING MARKET REVENUE FOR 3D PRINTING, BY REGION, 2020–2030 ($BILLION)
TABLE 11.DIGITAL MANUFACTURING MARKET REVENUE FOR INTERNET OF THINGS (IOT), BY REGION, 2020–2030 ($BILLION)
TABLE 12.DIGITAL MANUFACTURING MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($BILLION)
TABLE 13.DIGITAL MANUFACTURING MARKET REVENUE, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 14.DIGITAL MANUFACTURING MARKET REVENUE FOR AUTOMOTIVE AND TRANSPORTATION, BY REGION, 2020–2030 ($BILLION)
TABLE 15.DIGITAL MANUFACTURING MARKET REVENUE FOR AEROSPACE AND DEFENSE, BY REGION, 2020–2030 ($BILLION)
TABLE 16.DIGITAL MANUFACTURING MARKET REVENUE FOR CONSUMER ELECTRONICS, BY REGION, 2020–2030 ($BILLION)
TABLE 17.DIGITAL MANUFACTURING MARKET REVENUE FOR INDUSTRIAL MACHINERY, BY REGION, 2020–2030 ($BILLION)
TABLE 18.DIGITAL MANUFACTURING MARKET REVENUE FOR OTHERS, BY REGION, 2020–2030 ($BILLION)
TABLE 19.DIGITAL MANUFACTURING MARKET, BY REGION, 2020–2030 ($BILLION)
TABLE 20.NORTH AMERICA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 21.NORTH AMERICA DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 22.NORTH AMERICA DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 23.NORTH AMERICA DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY TYPE, 2020–2030 ($BILLION)
TABLE 24.NORTH AMERICA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 25.NORTH AMERICA DIGTIAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 26.NORTH AMERICA DIGITAL MANUFACTURING MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 27.U.S. DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 28.U.S. DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 29.U.S. DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 30.CANADA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 31.CANADA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 32.CANADA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 33.MEXICO DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 34.MEXICO DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 35.MEXICO DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 36.EUROPE DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 37.EUROPE DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 38.EUROPE DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 39.NORTH AMERICA DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY TYPE, 2020–2030 ($BILLION)
TABLE 40.EUROPE DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 41.EUROPE DIGTIAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 42.EUROPE DIGITAL MANUFACTURING MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 43.GERMANY DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 44.GERMANY DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 45.GERMANY DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 46.UK DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 47.UK DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 48.UK DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 49.FRANCE DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 50.FRANCE DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 51.FRANCE DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 52.ITALY DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 53.ITALY DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 54.ITALY DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 55.REST OF EUROPE DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 56.REST OF EUROPE DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 57.REST OF EUROPE DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 58.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 59.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 60.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 61.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY TYPE, 2020–2030 ($BILLION)
TABLE 62.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 63.ASIA-PACIFIC DIGTIAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 64.ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 65.CHINA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 66.CHINA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 67.CHINA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 68.INDIA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 69.INDIA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 70.INDIA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 71.JAPAN DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 72.JAPAN DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 73.JAPAN DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 74.AUSTRALIA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 75.AUSTRALIA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 76.AUSTRALIA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 77.REST OF ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 78.REST OF ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 79.REST OF ASIA-PACIFIC DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 80.LAMEA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 81.LAMEA DIGITAL MANUFACTURING MARKET REVENUE FOR HARDWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 82.LAMEA DIGITAL MANUFACTURING MARKET REVENUE FOR SOFTWARE, BY TYPE, 2020–2030 ($BILLION)
TABLE 83.LAMEA DIGITAL MANUFACTURING MARKET REVENUE FOR SERVICES, BY TYPE, 2020–2030 ($BILLION)
TABLE 84.LAMEA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 85.LAMEA DIGTIAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 86.LAMEA DIGITAL MANUFACTURING MARKET, BY COUNTRY, 2020–2030 ($BILLION)
TABLE 87.LATIN AMERICA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 88.LATIN AMERICA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 89.LATIN AMERICA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 90.MIDDLE EAST DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 91.MIDDLE EAST DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 92.MIDDLE EAST DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 93.AFRICA DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 ($BILLION)
TABLE 94.AFRICA DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 ($BILLION)
TABLE 95.AFRICA DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 ($BILLION)
TABLE 96.AUTODESK INC.: KEY EXECUTIVE
TABLE 97.AUTODESK INC.: COMPANY SNAPSHOT
TABLE 98.AUTODESK INC.: OPERATING SEGMENTS
TABLE 99.AUTODESK INC.: PRODUCT PORTFOLIO
TABLE 100.ARAS CORPORATION: KEY EXECUTIVE
TABLE 101.ARAS CORPORATION: COMPANY SNAPSHOT
TABLE 102.ARAS CORPORATION: PRODUCT PORTFOLIO
TABLE 103.BESTPLANT: COMPANY SNAPSHOT
TABLE 104.BESTPLANT: PRODUCT PORTFOLIO
TABLE 105.COGISCAN: KEY EXECUTIVE
TABLE 106.DURR GROUP: COMPANY SNAPSHOT
TABLE 107.COGISCAN: PRODUCT PORTFOLIO
TABLE 108.DASSAULT SYSTÈMES: KEY EXECUTIVE
TABLE 109.DASSAULT SYSTÈMES: COMPANY SNAPSHOT
TABLE 110.DASSAULT SYSTÈMES: PRODUCT PORTFOLIO
TABLE 111.HEXAGON AB: KEY EXECUTIVES
TABLE 112.HEXAGON AB: COMPANY SNAPSHOT
TABLE 113.HEXAGON AB: OPERATING SEGMENTS
TABLE 114.HEXAGON AB: PRODUCT PORTFOLIO
TABLE 115.PARAMETRIC TECHNOLOGY CORPORATION: KEY EXECUTIVE
TABLE 116.PARAMETRIC TECHNOLOGY CORPORATION: COMPANY SNAPSHOT
TABLE 117.PARAMETRIC TECHNOLOGY CORPORATION: PRODUCT PORTFOLIO
TABLE 118.SAP SE: KEY EXECUTIVE
TABLE 119.SAP SE: COMPANY SNAPSHOT
TABLE 120.SAP SE: PRODUCT PORTFOLIO
TABLE 121.SIEMENS AG: KEY EXECUTIVE
TABLE 122.SIEMENS AG: COMPANY SNAPSHOT
TABLE 123.SIEMENS AG: PRODUCT PORTFOLIO
TABLE 124.TATA CONSULTANCY SERVICES: KEY EXECUTIVE
TABLE 125.TATA CONSULTANCY SERVICES: COMPANY SNAPSHOT
TABLE 126.TATA CONSULTANCY SERVICES: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP INVESTMENT POCKETS
FIGURE 04.TOP WINNING STRATEGIES, BY YEAR, 2018–2021
FIGURE 05.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021 (%)
FIGURE 06.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021
FIGURE 07.MARKET PLAYER POSITIONING, 2020
FIGURE 08.LOW TO MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 11.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 12.MODERATE TO HIGH INTENSITY OF RIVALRY
FIGURE 13.DIGITAL MANUFACTURING MARKET, BY COMPONENT, 2020–2030 (%)
FIGURE 14.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET FOR HARDWARE, BY COUNTRY, 2020–2030 (%)
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR SOFTWARE, BY COUNTRY, 2020–2030 (%)
FIGURE 16.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR SERVICES, BY COUNTRY, 2020–2030 (%)
FIGURE 17.DIGITAL MANUFACTURING MARKET, BY TECHNOLOGY, 2020–2030 (%)
FIGURE 18.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET FOR ROBOTICS, BY COUNTRY, 2020–2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR 3D PRINTING, BY COUNTRY, 2020–2030 (%)
FIGURE 20.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR INTERNET OF THINGS (IOT), BY COUNTRY, 2020–2030 (%)
FIGURE 21.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR OTHERS, BY COUNTRY, 2020–2030 (%)
FIGURE 22.DIGITAL MANUFACTURING MARKET, BY APPLICATION, 2020–2030 (%)
FIGURE 23.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET FOR AUTOMOTIVE AND TRANSPORTATION, BY COUNTRY, 2020–2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR AEROSPACE AND DEFENSE BY COUNTRY, 2020–2030 (%)
FIGURE 25.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR CONSUMER ELECTRONICS, BY COUNTRY, 2020–2030 (%)
FIGURE 26.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR INDUSTRIAL MACHINERY, BY COUNTRY, 2020–2030 (%)
FIGURE 27.COMAPARATIVE SHARE ANALYSIS OF DIGITAL MANUFACTURING MARKET, FOR INDUSTRIAL MACHINERY, BY COUNTRY, 2020–2030 (%)
FIGURE 28.DIGITAL MANUFACTURING MARKET, BY REGION, 2020–2030
FIGURE 29.U.S. DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 30.CANADA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 31.MEXICO DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 32.GERMANY DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 33.UK DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 34.FRANCE DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 35.ITALY DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 36.REST OF EUROPE DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 37.CHINA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 38.INDIA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 39.JAPAN DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 40.AUSTRALIA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 41.REST OF ASIA-PACIFIC DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 42.LATIN AMERICA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 43.MIDDLE EAST DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 44.AFRICA DIGITAL MANUFACTURING MARKET REVENUE, 2020-2030 ($BILLION)
FIGURE 45.AUTODESK INC.: RESEARCH AND DEVELOPMENT EXPENSES, 2019–2021($BILLION)
FIGURE 46.AUTODESK INC: REVENUE, 2019–2021 ($BILLION)
FIGURE 47.AUTODESK INC.: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 48.AUTODESK INC.: REVENUE SHARE BY REGION, 2021 (%)
FIGURE 49.DURR GROUP: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($BILLION)
FIGURE 50.DURR GROUP: REVENUE, 2018–2020 ($BILLION)
FIGURE 51.DURR GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.DASSAULT SYSTÈMES: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($BILLION)
FIGURE 53.DASSAULT SYSTÈMES: REVENUE, 2018–2020 ($BILLION)
FIGURE 54.DASSAULT SYSTÈMES: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 55.HEXAGON AB: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 56.HEXAGON AB: REVENUE, 2018–2020 ($MILLION)
FIGURE 57.HEXAGON AB: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 58.HEXAGON AB: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 59.FIGURE 60.PARAMETRIC TECHNOLOGY CORPORATION: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($BILLION)
FIGURE 61.PARAMETRIC TECHNOLOGY CORPORATION: REVENUE, 2018–2020 ($BILLION)
FIGURE 62.PARAMETRIC TECHNOLOGY CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 63.PARAMETRIC TECHNOLOGY CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 64.SAP SE: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($BILLION)
FIGURE 65.SAP SE: REVENUE, 2019–2020 ($BILLION)
FIGURE 66.SAP SE: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 67.SIEMENS AG: RESEARCH AND DEVELOPMENT EXPENSES, 2018–2020($BILLION)
FIGURE 68.SIEMENS AG: REVENUE, 2018–2020 ($BILLION)
FIGURE 69.SIEMENS AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 70.SIEMENS AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 71.TATA CONSULTANCY SERVICES: RESEARCH AND DEVELOPMENT EXPENSES, 2019–2021($BILLION)
FIGURE 72.TATA CONSULTANCY SERVICES: REVENUE, 2019–2021 ($BILLION)
FIGURE 73.TATA CONSULTANCY SERVICES: REVENUE SHARE BY SEGMENT, 2021 (%)
FIGURE 74.TATA CONSULTANCY SERVICES: REVENUE SHARE BY REGION, 2021 (%)

 
 

According to insights of CXOs of leading companies, the digital manufacturing market has a significant scope in Asia-Pacific. North America is the largest shareholder of the digital manufacturing industry, owing to large manufacturing and connectivity infrastructure and a strong foothold in the manufacturing industry. In addition, the government of South Korea is also promoting inclusion of smart manufacturing technologies in industries such as automotive and consumer packaged goods to operate production smoothly and effectively. 

Increase in use of mobiles, smart phones, and connected devices technologies across business processes and manufacturing departments fuels growth of the digital manufacturing market. Shifting from traditional manufacturing processes to digital manufacturing processes across various industries and sectors fuels growth of the digital manufacturing market.

Moreover, inclusion of IoT, machine learning, and robotics in production companies with use of smart wearables such as smart glasses, wearable sensors, safety vests, wearable exoskeletons, and smart helmets enable real-time safety management on sites. In addition, active monitoring of data with such wearable technologies allows measurement of breathing rate, heart rate, as well as active monitoring of worker's body response to certain work environment.

Moreover, around 83% contractors are convinced that wearable technologies can boost site safety; thereby, reducing fatal injuries on jobsites including fall prevention, which account for around 30% of all manufacturing injuries. 

Many competitors in the digital manufacturing market adopted product launch as their key developmental strategy to expand their geographical foothold and upgrade their product technologies. For instance, in December 2018, Dassault Systemes acquired IQMS. IQMS is a California-based manufacturer of ERP software and solutions. By acquiring IQMS, Dassault Systemes expanded its business to midsized and small manufacturing companies that are seeking to transform their business digitally.

The IS version is available as Spot-r network and Proximity Trace hardware products, which offer contact tracing and social distancing technologies on manufacturing sites during the COVID-19 pandemic. Similarly, in September 2017, Autodesk, Inc. based in the U.S. launched Fusion 360 software platform, which combines data from CAM, CAD, and CAE on cloud. The product is especially designed for streamlining service operations and enabling predictive maintenance in industrial applications.

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A. The Digital manufacturing market size was $276.5 billion in 2020 and is projected to reach $1,370.3 billion in 2028, growing at a CAGR of 16.5% from 2021 to 2030.

A. The forecast period considered for the Digital manufacturing market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.

A. The base year considered in the Digital manufacturing market is 2021.

A. The report for Digital manufacturing market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.

A. On the basis of application, the industrial machinery segment is expected to be the most influencing segment growing in the Digital manufacturing market report.

A. Based on component, hardware segment generated the highest revenue, accounting for 42.10% of the market share, and is projected to grow at a CAGR of 16.0% from 2021 to 2030.

A. The report contains an exclusive company profile section, where the leading 10 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue and volume sales).

A. North America is expected to provide more business opportunities for digital manufacturing market in the future.

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