Digital Manufacturing Market Analysis By 2030
The intelligence report by Allied Market Research is the solid outcome of deep study and arduous assessment of numerous dynamics modeling the growth of the Digital Manufacturing market. Allied Market Research fosters a highly efficient team of experts, strategists, analysts, and industry specialists who provide proper frameworks and approaches to make efficient decisions. Their systematic analysis and insights help executives steer through their critical priorities with utmost confidence.
digital manufacturing market size was valued at $0.27 trillion in 2020, and is projected to reach $1.30 trillion by 2030, registering a CAGR of 16.5% from 2021 to 2030. The meticulous scrutiny of the countless forces influencing the dynamics of the market, guides business ventures in understanding various consumer schemes & proposals. The clients then happen to utilize perspectives to perk up customer experience in the fast-paced business milieu.
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The frontrunners in the industry
The major market players analyzed in the global Digital Manufacturing market report comprise Dassault Systems, Tata Consultancy Services, Siemens AG, Autodesk Inc, Mentor Graphics Corporation, Parametric Technology Corporation Inc, SAP SE, ARAS Corporation, Cogiscan Inc, and Bestplant.. These players have brought forth an array of different stratagems, which take in new alliances, development, partnership, joint collaboration, and others to sustain their stand in the sector.
Analysis of the Covid-19 scenario-
Outbreak of the Covid-19 pandemic has had a preposterous impact on the lives of people. Most of the business verticals across the world were highly affected. The Digital Manufacturing market report doles out a compact overview of the Covid-19 impact on the industry. Moreover, it takes in a micro- and macro-economic impact assessment. The report further cites the market extent and share as one of the major impacts of the pandemic. At the same time, it offers a detailed overview of the influence of COVID-19 on the Digital Manufacturing market supply chain.
Last but not the least; the market report focuses on the key approaches incorporated by the industry players throughout the global health crisis. In a nutshell, the Digital Manufacturing market report offers an overview of pre- as well as post-Covid-19 impact exploration.
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Digtial Manufacturing Market Segments
By Component
- Hardware
- RFID Tags
- Sensor
- Intelligent System
- Others
- Software
- Data and Operation Management Software
- Safety and Security Systems
- Connectivity solutions
- Analytics Solutions
- Remote Management & logistic solutions
- Asset Management Solutions
- Services
- Support and maintenance
- System Integration
- Consulting Services
By Technology
- Robotics
- 3D Printing
- Internet of Things (IoT)
- Others
Key Findings Of The Study
- The report provides an extensive analysis of the current and emerging digital manufacturing market trends and dynamics.
- Depending on component, the hardware segment was the largest revenue generator in 2020.
- By technology, the Internet of Things (IoT) segment generated the highest revenue in 2020.
- On the basis of application, the industrial machinery-segment accounted for the highest revenue in 2020.
- Region wise, North America is anticipated to dominate the digital manufacturing market share throughout the study period.
- The report provides an extensive analysis of the digital manufacturing industry trends and emerging opportunities of the market.
The major queries answered in the report are given below:
- Who are the frontrunners active in the global Digital Manufacturing market?
- What is the dominant scenario of the market?
- What are the existing drifts & leanings that would possibly determine the global Digital Manufacturing market study in the next few years?
- What are the driving factors, limitations, and opportunities in the industry?
- What are the probable forecasts for the future that would help in coming up with further strategic steps to propel the growth of the market?
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