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Description

About PLM

Many manufacturing companies need PLM software as it deals with various functional levels of an organization such as product designing, design engineering, and manufacturing. The need for managing a product from the concept to servitization has led to the emergence of PLM software and services.

The growing product complexity and increase in product portfolios across organizations has led to the demand for a system that can provide solutions to the production process across industries. The implementation of a PLM in an organization provides higher revenue, reduces cost, and provides capital efficiency.

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Technavios analysts forecast the global PLM market in the aerospace and defense industry to grow at a CAGR of 8.94% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global PLM market in the aerospace and defense industry for the period 2016-2020. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.

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The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global PLM Market in the Aerospace and Defense Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Autodesk

Dassault Systmes

PTC

Siemens PLM Software

Other prominent vendors

Ansys

Bentley

3D Systems

Cadence

Cadonix

CD-Adapco

Graebert

Hexagon

IMSI/Design

IronCAD

Mentor Graphics

MSC

Numeca International

Oracle

SAP

Synopsys

Zuken.

Market driver

Increase in R&D investment in EMEA

For a full, detailed list, view our report

Market challenge

Threat of pirated software

For a full, detailed list, view our report

Market trend

Role of PLM in IoT supporting devices

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?