Digital Manufacturing Market Share Analysis of New Report 2022-2032| New Upcoming Trends, GrowthPosted by moore taylor on June 16th, 2023  The global Digital Manufacturing Market is poised for substantial growth, anticipated to reach a valuation of over 9.2 billion by 2031, with a robust compound annual growth rate (CAGR) of 13.9% during the forecast period from 2021 to 2031. The market expansion is propelled by several key factors, including the emerging trend of digitalization across industries, significant research and development (R&D) efforts in production technologies, the development of technologically advanced and innovative digital manufacturing tools, the implementation of the Internet of Things (IoT) and robotics, and the increasing adoption of product lifecycle management (PLM) systems. The widespread adoption of digital manufacturing practises has been made possible by the wave of digital transformation that is currently sweeping through all industries. Organisations are using digital technologies to streamline their production processes as they look to increase productivity, efficiency, and agility. Real-time monitoring, data analytics, automation, and networking are made possible by digitalization throughout the whole production lifecycle, which enhances operational efficiency and lowers costs. The way goods are planned, produced, and manufactured has been revolutionised by the merging of digital technologies with conventional production techniques. Get A Sneak Peek into Our Market Research Reports by Downloading a Free Sample Today- https://marketdatalibrary.com/download-sample/3926 The market for digital manufacturing is expanding as a result of intensive research and development efforts. Manufacturing companies are spending a lot of money on research and development to investigate and create cutting-edge production technologies, such as additive manufacturing, augmented reality, simulation, and predictive analytics. These innovations expand the potential of digital manufacturing by enabling quick prototyping, customizability, and effective production methods. Improved product quality, shorter time to market, and greater manufacturing flexibility are all being made possible by the ongoing invention and development of digital manufacturing tools. Additionally, the adoption of digital manufacturing solutions is being accelerated by the integration of the Internet of Things (IoT) and robotics in industrial activities. Real-time data is collected and transmitted by IoT devices and sensors, enabling remote monitoring, proactive maintenance, and wise decision-making. Robotics and automation technologies improve industrial productivity, precision, and speed, which helps to digitise the manufacturing industry as a whole. The use of product lifecycle management (PLM) systems also makes it possible for seamless data management, integration, and collaboration to occur across different phases of the product lifecycle, which further fuels the expansion of the digital manufacturing market. Highlighted with 83 tables and 100 figures, this 177-page report “Global Digital Manufacturing Market 2021-2031 by Component (Hardware, Software, Services), Technology (IoT, Robotics, 3D Printing & AM, Others), Deployment (On-premises, Cloud-based), Process (Designing, Simulation, 3D Visualization, Analytics, Tooling and Processing), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global digital manufacturing market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) View Report Scope and Latest Developments in the Market: In-depth qualitative analyses include identification and investigation of the following aspects:
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global digital manufacturing market in every aspect of the classification from perspectives of Component, Technology, Deployment, Process, Industry Vertical, and Region. Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
o Intelligent Systems o Sensors o RFID Tags o Cameras o Navigation Systems o Other Hardware
o Operation & Data Management Software o Connectivity Solutions o Remote Management & Logistic Solutions o Asset Management Solutions o Safety & Security Systems o Analytics Solutions o Other Software
o Support and Maintenance o Deployment and Integration o Consulting and Training Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
By Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
By Process, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
Geographically, the following regions together with the listed national/local markets are fully investigated:
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of key national markets by Component, Technology, and Industry Vertical, over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players:
About Market Data Library: Market Data Library is committed to providing clients with high-quality market research that is tailored to their specific needs. The Market Data Library provides corporate intelligence studies that ensure reliable and accurate research data across a diverse range of industries, including Health Care, Chemicals, Packaging, ICT, Automotive, Industrial Automation, Agriculture, and Finance. Our team is comprised of various departments, including sales, operations, finance, research, and analytics, as well as the scientist and data scientist teams. Our business offerings portray the most up-to-date, rational information a company needs to compete effectively. To guarantee that our clients have access to information and insights whenever they need them, we provide 24/7 research support. Contact Us Market Data Library Tel: +1-(718)-312-8686 Email: sales@marketdatalibrary.com Website: marketdatalibrary.com/
Like it? Share it! More by this author |