Global Digital Manufacturing in Electrical and Electronics Industry Market 2024-2028

Global Digital Manufacturing In Electrical And Electronics Market 2024-2028

The digital manufacturing in electrical and electronics market is forecasted to grow by USD 14.96 bn during 2023-2028, accelerating at a CAGR of 17.07% during the forecast period. The report on the digital manufacturing in electrical and electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing use of DM for improved traceability, DM becoming an inevitable link in manufacturing, and benefits associated with the adoption of DM.

Technavio's digital manufacturing in electrical and electronics market is segmented as below:

By Technology

• Design-centric digital manufacturing tech.
• Control-centric digital manufacturing tech.
• Management-centric digital manufacturing tech.

By Type

• Solution
• Services

By Geographical Landscape

• APAC
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the increased use of mobile DM applications as one of the prime reasons driving the digital manufacturing in electrical and electronics market growth during the next few years. Also, availability of cloud-based services and the evolution of DDM will lead to sizable demand in the market.

The report on the digital manufacturing in electrical and electronics market covers the following areas:

• Digital manufacturing in electrical and electronics market sizing
• Digital manufacturing in electrical and electronics market forecast
• Digital manufacturing in electrical and electronics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital manufacturing in electrical and electronics market vendors that include 3D Engineering Automation LLP, Accenture Plc, Alphabet Inc., Aras Corp., Autodesk Inc., Bentley Systems Inc., CAD Schroer GmbH, Capgemini Service SAS, Dassault Systemes SE, DREAMZTECH US INC., Durr AG, Hewlett Packard Enterprise Co., Hexagon AB, KRONTIME S.L., Mitsubishi Electric Corp., PTC Inc., Sandvik AB, Siemens AG, Tata Consultancy Services Ltd., and Tulip Interfaces Inc. Also, the digital manufacturing in electrical and electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.