U.S. markets closed

  • S&P Futures

    4,441.25
    +0.75 (+0.02%)
     

  • Dow Futures

    35,392.00
    +20.00 (+0.06%)
     

  • Nasdaq Futures

    15,005.50
    -14.00 (-0.09%)
     

  • Russell 2000 Futures

    2,252.10
    +3.40 (+0.15%)
     

  • Crude Oil

    69.36
    +0.11 (+0.16%)
     

  • Gold

    1,750.90
    -2.40 (-0.14%)
     

  • Silver

    23.40
    -0.09 (-0.37%)
     

  • EUR/USD

    1.1745
    0.0000 (-0.00%)
     

  • 10-Yr Bond

    1.3390
    -0.0030 (-0.22%)
     

  • Vix

    16.06
    -0.73 (-4.35%)
     

  • GBP/USD

    1.3871
    +0.0003 (+0.02%)
     

  • USD/JPY

    110.3930
    -0.0250 (-0.02%)
     

  • BTC-USD

    46,188.58
    +662.41 (+1.46%)
     

  • CMC Crypto 200

    1,159.43
    +27.60 (+2.44%)
     

  • FTSE 100

    7,220.14
    +59.10 (+0.83%)
     

  • Nikkei 225

    28,127.82
    +57.31 (+0.20%)
     

Digital Manufacturing Market in Systems Software Sector: Features and Global Outlook

·3 min read

The global digital manufacturing market size is expected to grow by USD 13.4 billion, decelerating at a CAGR of almost 16% during the forecast period.

NEW YORK, Aug. 11, 2021 Request Free Sample Pages







Data Insights


Market Segmentations


Digital Manufacturing Market

Forecast and Analysis 2021-2025

Highlights

Covers

Key Countries


Segments


US, Japan, China, Germany, and UK

End-user

Aerospace and defense

Automotive

Electrical and electronics

Others





Vendors

Offerings

Region


Autodesk Inc.

Advanced manufacturing solution

North America

will offer 35% of the growth opportunity

AVEVA Group Plc

AVEVA Discrete Lean Management













Here is an exclusive report talking about the market scenario, estimates, the impact of lockdown, and customer behavior.

Get a Free Sample Report Now!

/PRNewswire/ -- The benefits associated with the adoption of digital manufacturing is one of the major factors driving growth. Digital manufacturing is widely gaining popularity across various industries due to various benefits. Digital manufacturing enables industrial operators to simultaneously view machining, tooling, and 3D information of the product. The simulation feature in digital manufacturing helps in the validation of robotics and automation programs, thereby accelerating the manufacturing process. Moreover, digital manufacturing ensures smooth workflow, which makes the implementation of Six Sigma and other lean operation management easier. Many such benefits are driving the growth of the market.

Attractive Opportunities with Digital Manufacturing Market by End-user and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities with Digital Manufacturing Market by End-user and Geography - Forecast and Analysis 2021-2025

Key Benefits

  • Accurate predictions on drivers, upcoming trends, and changes in consumer behavior

  • Precise estimation of the market size and its contribution to the parent market

  • A thorough analysis of the market's competitive landscape and detailed information on vendors

  • Evaluation on the impact of COVID-19 across market segments

  • Instant access to 17000+ market research reports with free trial upon registration

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

Major Five Microturbine Companies:

  • Autodesk Inc.

  • AVEVA Group Plc

  • Bentley Systems Inc.

  • Capgemini SE

  • Cisco Systems Inc.

Related Reports on Information Technology Include:

Global Computational Fluid Dynamics Market – Global computational fluid dynamics market is segmented by end-user (aerospace and defense, automotive, electrical and electronics, and others) and geography (Europe, North America, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Global Digital Manufacturing in Electrical and Electronics Market – Global digital manufacturing in electrical and electronics market is segmented by type (solution and services) and geography (APAC, North America, Europe, South America, and MEA).
Download Exclusive Free Sample Report

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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.

Contact
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/
Report: www.technavio.com/report/digital-manufacturing-market-industry-analysis
Newsroom: newsroom.technavio.com/news/top-drivers-for-digital-manufacturingmarket

Technavio (PRNewsfoto/Technavio)
Technavio (PRNewsfoto/Technavio)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-manufacturing-market-in-systems-software-sector-features-and-global-outlook-301353063.html

SOURCE Technavio

Recommended Stories

  • Lumber Drops to Nine-Month Low, Extending Retreat From Record

    (Bloomberg) -- Lumber futures slid to the lowest in more than nine months after sawmills ramped up production and demand from builders stabilized.September futures in Chicago fell as much as 4.4% to $482.90 per thousand board feet, the lowest for a most-active contract since Oct. 30. Prices have dropped more than 70% from the record high reached just three months ago.The tumble marks a stark turnaround for the common building material after strong U.S. construction demand during the pandemic spu

  • 401(k) Plan Participants Say They Need to Save This Much to Retire

    If $1 million was once the consensus target for retirement savings in the U.S., that appears to be changing. A recent Schwab Retirement Plan Services survey found that 401(k) plan participants across the country now believe they must save $1.9 … Continue reading → The post 401(k) Plan Participants Say They Need to Save This Much to Retire appeared first on SmartAsset Blog.

  • Pay cut: Google employees who work from home could lose money

    Google employees based in the same office before the pandemic could see different changes in pay if they switch to working from home permanently, with long commuters hit harder, according to a company pay calculator seen by Reuters. Alphabet Inc's Google stands out in offering employees a calculator that allows them to see the effects of a move. "Our compensation packages have always been determined by location, and we always pay at the top of the local market based on where an employee works from," a Google spokesperson said, adding that pay will differ from city to city and state to state.

  • Rivian considers $5 billion EV plant in Texas, document shows

    Amazon.com Inc backed electric vehicle (EV) company Rivian is in discussions to invest at least $5 billion in a new vehicle plant near Fort Worth, Texas, a city document showed. The Fort Worth offer is part of a larger bidding war by state and local officials, particularly in the southern United States, as newer players take on incumbents in a race to develop EVs. The plant would be located on a 2,000 acre site west of Fort Worth, the presentation by the city's economic development department showed.

  • Nearly 4 in 10 US workers say they may quit if their employer doesn’t mandate vaccines

    A large survey shows the majority of workers support vaccine mandates and nearly 40% would even consider leaving their jobs if mandates were not put in place. Still, a larger share would quit if they faced an ultimatum.

  • Planning to retire? Here’s a list of at least 14 things to account for first

    Retirement requires an enormous amount of planning, affecting not only how much money to put aside for old age but how to spend and maintain it. Retirement Tip of the Week: When planning for retirement, especially if you plan to retire soon, make a list of expenses you expect to have — as well as any other variables that will affect your financial picture. Anything can happen in retirement, especially since for many of us this chapter of life could span decades.

  • DraftKings sees instant demand in new NFT marketplace

    DraftKings North America President Matt Kalish explains why now is the right time to launch DraftKings Marketplace. 

  • How Tesla's Vehicle Deliveries Are Likely to Soar More Than 50% This Year

    The electric-car maker's deliveries have grown at uncanny rates for years -- and 2021 looks like it will be no exception.

  • Ford battery venture with SK Innovation will extend to Europe, executive says

    DETROIT (Reuters) -Ford Motor Co's electric vehicle battery joint venture with South Korea's SK Innovation Co Ltd will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture with SK to produce about 60 gigawatt-hours (GWh) annually in battery cells and array modules, starting in the middle of this decade, with the potential to expand.

  • Why Virgin Galactic Stock Just Dropped 11%

    Less than 24 hours after The Wall Street Journal confirmed, in its Monday edition, that Virgin Galactic Holdings (NYSE: SPCE) will indeed raise the ticket price for rides on its spaceplane to $450,000 a seat, shares of the space tourism pioneer are plunging 11.1% as of 3:20 p.m. EDT Tuesday. After all, Virgin Galactic itself first announced this price increase on Friday, and investors seemed pretty happy about it at the time. With Virgin Galactic's share price climbing both Friday and Monday, the early read on the company's move appeared to be that demand for space tourism flights was looking so strong that Virgin Galactic had plenty of pricing power, and plenty of room to raise prices to satisfy the demand.

  • Wendy’s boosts sales forecast

    Myles Udland and Julie Hyman discuss Wendy’s raising 2021 outlook after reporting an earnings beat fueled by same-store sales

  • Is Gold Heading To $5,000?

    Equities and assets have significantly increased over the past year, but this run could be on the first leg, and gold might just emerge as one of the biggest winners

  • 5 Infrastructure Stocks That Look Like Bargains as Senate Passes Bill

    Most construction-related stocks have run up in anticipation of the passage of the $1 trillion bill. But engineering and inspection firms’ shares still seem well-priced.

  • In a White House tradition, Biden takes aim at OPEC and oil companies as gasoline prices rise

    The Biden administration is pressing OPEC and its allies to raise output and calling for a probe into U.S. gasoline prices.

  • Cramer Cheers FuboTV, Here's What the Charts Say

    During the Lightning Round segment of "Mad Money" Tuesday night, a caller asked host Jim Cramer about FuboTV . "This looks like a dynamite quarter," said Cramer about the sports streaming service. Let's check out the charts.

  • Oil prices steady after U.S. call for more oil raises supply concerns

    Oil prices were steady on Thursday following two days of gains after a call from the United States, the world's top oil consumer, for major producers to boost output reinforced supply concerns as economies ease their coronavirus restrictions. Brent crude futures edged higher by 5 cents to $71.49 a barrel by 0216 GMT while U.S. West Texas Intermediate (WTI) crude futures gained by 4 cents to $69.29. U.S. President Joe Biden's administration on Wednesday urged the Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, to boost oil output to tackle rising gasoline prices that they see as a threat to the global economic recovery.

  • AppLovin opts not to hike outlook amid strong growth, and shares rise

    AppLovin Inc. shares rose in the extended session Wednesday after the company reported revenue above Wall Street estimates but held to its previous outlook as it said Apple Inc.'s crackdown on ad data had a "muted" effect on its business.

  • The Dawn Of A New Era In Deepwater Drilling

    A new era has dawned in the deepwater drilling industry, and major players are willing to risk billions to reap the rewards

  • 5 Growth Stocks With 110% to 393% Upside, According to Wall Street

    Based on the highest price target issued by a Wall Street investment bank or analyst, the following five growth stocks are expected to return 110% to as much as 393% to shareholders. The first rapidly growing stock with abundant upside, at least according to investment firm D.A. Davidson, is cryptocurrency brokerage and ecosystem Coinbase Global (NASDAQ: COIN). If the lofty $650 price target set by D.A. Davidson comes to fruition, Coinbase would deliver gains of 152% to its shareholders, relative to where it closed this past weekend.

  • Oil Gains as Weaker Dollar Offsets Disappointing Stockpile Draw

    (Bloomberg) -- Oil rose as a weaker dollar offset a government report that showed a smaller-than-expected decline in crude stockpiles in the wake of a viral resurgence.Futures advanced 1.4% after falling as much as 2.4% earlier when the U.S. called on the OPEC+ alliance to revive production more quickly. The dollar weakened, boosting the appeal of commodities priced in the currency, with data showing consumer prices increased at a more moderate pace in July, reducing concern about an unwinding o