DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/px2zl9/global_dm_market) has announced the addition of the "Global DM Market in the Industrial Machinery Sector 2015-2019" report to their offering.
The report forecasts the global DM market in the industrial machinery industry to grow at a CAGR of 7.49% over the period 2014-2019.
Vendors are focusing on reducing the adoption cost of PLM by increasing the adoption of cloud-based PLM software. Various PLM service providers are implementing PLM in the cloud for end-users. For instance, Wipro, a global information technology, consulting, and outsourcing firm, is providing cloud-based PLM services for Siemens PLM Software's solution, Teamcenter.
According to the report, warranty management is a major issue faced by many industries such as automotive and industrial machinery. Even though it provides customer satisfaction and boosts customer confidence over the product, certain aspects of warranty management such as product recall has a negative effect on the consumer rather than a positive one. The amount of product recalls in a year plays a major role in determining the net profit of the company that year.
Further, the report states that even though large companies use DM to make their manufacturing processes more efficient, the number of SMEs that have adopted DM is still low. This is attributed to factors such as the cost of the software and the low adoption among vendors that are skeptical about the final outcome and ROI.
Key vendors:
- Autodesk
- Dassault Systèmes
- PTC
-
Siemens PLM Software
Other prominent vendors:
- Bentley
- CAD Schroer
- Open Factory 3D
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: DM value creation
PART 06: Role of DM in manufacturing
PART 07: Market landscape
PART 08: Geographical segmentation
PART 09: Americas
PART 10: APAC
PART 11: EMEA
PART 12: Market drivers
PART 13: Impact of drivers
PART 14: Market challenges
PART 15: Impact of drivers and challenges
PART 16: Market trends
PART 17: Vendor landscape
PART 18: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/px2zl9/global_dm_market