Digital manufacturing aids in increasing productivity in the planning and production activities. It offers simulation, raid production, speed, and execution of the production process. Digital manufacturing helps gain efficiency in the processes, reduces the cost of production, and helps the end users to shorten the lead times. It takes the feedback from the production operations and feeds it in the product design process, thereby enabling the companies to arrange and design the production line during the factory layout planning.
The exponential growth in product lifecycle management has driven the digital manufacturing market. However, high initial investments is a constraint for market growth. The emerging economies including India and China among others are anticipated to witness greater adoption of digital manufacturing over the forecast period.
The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last 3 years, a key development in the past five years. Some of the key players influencing the digital manufacturing market are Dassault Systems, Mentor Graphics, Tata Technologies, Xerox Corporation, Autodesk, Inc., Siemens, PTC Inc., Cogiscan Inc., Parametric Technology Corporation, and Sap SE among others.