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NEW YORK, July 6, 2022 /PRNewswire/ — Technavio has been keeping an eye on Digital Manufacturing in the Electrical and Electronics Market size which increased by USD 14.67 billion between 2020 and 2025 while slowing down at a CAGR of 17.59%. A comprehensive analysis, market size and projection, trends, growth drivers, challenges, and vendor analysis for over 25 vendors are all included in the study on digital manufacturing in the electrical and electronics market.
Read the 120-page report with TOC on “Digital Manufacturing Market in Electrical and Electronics Industry Market Analysis Report by Type (solution and services) and Geography (APAC, North America, Europe, South America, and MEA), and the Segment Forecasts”. Request Sample Report!
The market is driven by the growing use of DM for improved traceability. In addition, the Increased use of mobile DM applications is anticipated to boost the growth of the Digital Manufacturing Market in the Electrical and Electronics Industry Market.
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Major Five Digital Manufacturing in Electrical and Electronics Industry Companies:
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Digital Manufacturing Market In Electrical And Electronics Industry Market Type Outlook
The market share rise of the solutions segment in the electrical and electronics industry’s digital manufacturing market would be significant. Due to the rising adoption of cloud-enabled solutions, an increase in data complexity among large enterprises, and an increasing likelihood that cyberthreats will have an adverse effect on the profitability of the company, the global DM market in the electrical and electronics industry is anticipated to grow during the forecast period.
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Digital Manufacturing Market In Electrical And Electronics Industry Market Geography Outlook
APAC will account for 61% of market growth. The main markets for digital manufacturing in the APAC electrical and electronics industry are China, Japan, and South Korea (Republic of Korea). The market in this region will increase more quickly than the markets in all other regions combined. The growth of the digital manufacturing market in the electrical and electronics industry in APAC over the forecast period would be facilitated by DM being an essential link in manufacturing.
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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 |
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 future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
SOURCE Technavio
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