The digital transformation in manufacturing market was valued at USD 263.93 billion in 2019 and is expected to reach USD 767.82 billion by 2025, at a CAGR of 19.48% over the forecast period 2020 - … Finally, the current market status and SWOT analysis for each region are elaborated, which would assist market players to gain a competitive edge by determining the dominant segments. OR 97220 United States In our 27-criterion evaluation of digital operations platforms (DOPs) for manufacturing businesses, we identified the 13 most significant ones — Dassault Systèmes, Epicor, IFS, Infor, Microsoft, Oracle, Oracle NetSuite, Plex Systems, QAD, Ramco, Rootstock, Sage, and SAP — and researched, analyzed, and scored them. Our research shows that leading industrial companies are already investing in rolling out digital solutions. Download Digital manufacturing—escaping pilot purgatory, the full report on which this article is based (PDF—5.6MB). This is followed by an overview of the market segmentations such as type, application, and region. Write CSS OR LESS and hit save. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. REPORT “THE STATE OF DIGITAL INNOVATION WITHIN MANUFACTURING” Improve customer satisfaction and increase sales Manufacturing companies these days strive to improve customer satisfaction and to increase sales to their installed base. Nearly unlimited iteration capabilities. Our UK Industrial Manufacturing practice works with both UK headquarters and oversees organisations with a UK presence. Digital manufacturing is an integrated approach to manufacturing that is centered around a computer system . 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Direct-to-consumer models, on-demand production and streamlined digital inventorying allow for mass customization through digital manufacturing, which is great news considering 91 percent of HP’s survey respondents want to leverage mass customization as a means to explore innovation. This report studies the global Digital Manufacturing market size, industry status and forecast, competition landscape and growth opportunity. Research from McKinsey Global Institute found that 85 percent of C-suite executives witnessed accelerated digitization and automation in their businesses this year. Eighty-five percent of respondents to HP’s survey said collaboration across sectors to embrace new digital manufacturing technologies is critical for what’s to come. The evolution of market trends is discussed along with the competitive landscape in various regions, which would help top and emerging market players to determine the lucrative investment pockets. Digital Transformation in Smart Manufacturing. When traditional supply chains failed, workforces were displaced, economies bordered on recession, and the sustainability of ecosystems and communities was threatened, digital manufacturing was there. Toll Free: +1-800-910-6452 Affordable customization at scale. Research findings and conclusions are mentioned at the end. Within the same process, it is possible to prototype, produce and fabricate molds to aid production. Extend Digital Thread into the Factory. She handles the editorial tasks and is helped by a team of contributors. The report segments the global Digital Manufacturing market based on factors such as type, application, and region. The same characteristics that make 3D printing a vehicle for agility and innovation also make it a scalable solution for simplifying supply chains and potentially prolonging the life of products, all in service of a more circular economy and a better future for everyone. Next, the report elaborates on the market scope and market size estimation. Reduced tooling costs. E-mail: help@bigmarketresearch.com. Contact us: The report performs an industry chain analysis, focusing on upstream raw material suppliers and major downstream buyers. Chapter 12 concludes the research findings and refines all the highlights of the study. digital design and manufacturing technologies. Enabling smart manufacturing maturity through digital. Concurrent Engineering These insights are helpful in devising strategies for the future and take necessary steps. HP’s Digital Manufacturing Report surveyed 2,175 3D printing and digital manufacturing decision makers during the summer of 2020. Digital manufacturing is utilized across industries. Digital factories are transformation manufacturing, as companies implement innovative technology and look for employees with fundamentally different types of qualifications. At this critical juncture, 3D printing allowed companies to collaborate like never before. Less downtime. It’s just one of the components of the ‘Future of British Manufacturing Initiative’ by Autodesk, which enables your business to make better products, sell more of them and generate greater profits, through a common-sense application of digital technologies. Her interests include new technology innovations as well as gaming. The data is highlighted through the use of tables and figures, which also include manufacturing cost structure and market channel analysis. Transition to Digital Manufacturing. If there is anything this year has taught us, it’s that digital manufacturing is the innovation of a lifetime. The report provides the market dynamics such as drivers, restraints, opportunities, and challenges for the digital manufacturing market. Major players involved in the Digital Manufacturing industry are also delineated, along with their market share and product types. Chapter 7 pays attention to the production, revenue, price and gross margin of Digital Manufacturing in markets of different regions. Digital technology galvanized a manufacturing movement that COVID-19 pushed into high gear, and going forward, partnerships will be critical for more sustainable resource use, more equitable supply chains and more innovative products. Small businesses, corporations, governments and universities must work together to ensure these much-needed paradigm shifts become a lasting reality. Chapter 8 concentrates on manufacturing analysis, including key raw material analysis, cost structure analysis and process analysis, making up a comprehensive analysis of manufacturing cost. The key players profiled in this report include: Autodesk, Dassault Systèmes, Mentor Graphics, Open Factory 3D, PTC, Siemens PLM Software, CAD Schroer, Bentley Systems, The key product type of Digital Manufacturing market are: On demand, Cloud-based design and manufacturing, The end users/applications listed in the report are: Tooling, Machining, Assembly sequencing, Factory layout, Request a discount on standard prices of this premium research: https://www.bigmarketresearch.com/request-for-discount/3204728?utm_source=HTN&utm_medium=ANIL, The market across various regions is studied in the report which includes: United States, Europe (Germany, UK, France, Italy, Spain, Russia, Poland), China, Japan, India, Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam), Central and South America (Brazil, Mexico, Colombia), Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria). Industry News & Resources through the pandemic. It was conducted by SME Media/Research across three continents and nine geographic areas including Canada, China, France, Germany, Japan, Mexico, Singapore, the UK, and the U.S. Fieldwork was conducted from July 28 – August 11, 2020 across 2,175 3D printing and digital manufacturing decision makers. Why Read This Report. The rapid adoption of this technology across industries from automotive to consumer goods to healthcare is a clear sign among business leaders that 3D printing enables faster innovation and more consumer centricity. More than 2,000 3D printing and digital manufacturing decision makers from Europe, Asia, the … The HP Digital Manufacturing Report is a global study by HP Inc. At the same time, the idea of Digital Manufacturing has held its importance among companies in the industry (Exhibit 2). Automated processes improve efficiency, reduce error rates and increase flexibility. Manufacturing. During the first months of the pandemic, these hallmarks of digital manufacturing not only got PPE into the hands of distressed medical staff in mere days but also allowed companies, at the height of economic disruption, to keep their lights on and continue planning for the future. For our future, this technology plays an indispensable role: Digital manufacturing is charting an entirely new course, driving one of the biggest transformations of our lifetime. Experience the industrial future. Receive the latest manufacturing news and technical information by subscribing to our monthly and quarterly magazines, weekly and monthly eNewsletters, and podcast channel. The report constitutes: Digital manufacturing ensures that sustainability and resiliency are key components of future-ready strategies. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for. Adalidda, Global Networking Hub dedicated to Entrepreneurs, Startups, Technologies and International Development. Companies are in fierce competition for customers’ attention and loyalty—a fact that is only heightened by COVID-19. Download Report Smart manufacturing represents over $1 trillion of the $4.5 trillion DX opportunity in manufacturing. Faster speed to market. About HP ... Read The MPI Group report; Driving success with supply chain excellence. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us. Chapter 4 gives a worldwide view of Digital Manufacturing market. Rennie has over 10 years of experience in news industry in general and 5 years of experience in the online new world. 3D printing files moved freely across borders, were adapted overnight and were put into production almost instantly. Gain access to our full library of research reports, charts and data, and paywall content on the site. Rennie played instrumental role in formation of Hitech News Daily team. The HP Digital Manufacturing Trends Report explores how manufacturing executives worldwide view 3D printing today and how they intend to use the technology going forward. The forecast and analysis of Digital Manufacturing market by type, application, and region are also presented in this chapter. It provides competitive situation and market concentration status along with the basic information of these players. This Digital Transformation report comprehensively examines and explains how UK manufacturing is responding to digital disruption and how businesses are embracing and successfully implementing digitalisation. B2B Manufacturer 300 Report. Here are the top 5 digital transformation trends for manufacturing. Ultimate Intelligence Package. • The report broadly segregates global Digital Manufacturing Software market into specific regional pockets comprising North America, Europe, Asia-Pacific, South America & Middle East and Africa. 3D printing provided a quick solution for manufacturing disruptions, produced personal protective equipment (PPE) near the hospitals that needed it, created strong competitive advantages for business of all sizes, and through the sharing of open-source design files, forged deeper levels of collaboration. The analysis on production, revenue, price and gross margin of the global market is covered in this part. Digital manufacturing increases overall productivity by 15%–20% Digital supply chains deliver a step-change in improvement in four key areas. Digital transformation is revolutionizing every industry. Chapter 13 introduces the research methodology and sources of research data for your understanding. The report also analyzes the key market players, especially the distributors, along with the industrial chain structure. The MarketWatch News Department was not involved in the creation of this content. There’s no cost to you, the SME, but Factories are increasingly being relied upon to handle more complex operations to serve a wider range of products. The drivers, limitations, and opportunities are listed for the Digital Manufacturing industry, followed by industry news and policies. For the historic period, extensive insights on value, market share, production, growth rate, and price analysis for each sub-segment is offered by the report. Read the Digital Factory Report Digital technologies are transforming the way products are designed, engineered, prototyped, manufactured, sold, and serviced. Includes all Gold Membership benefits and access to our Basic Plus Database packages. 2020 B2B Manufacturing Report. The advantages shown in 2020 confirm its staying power in an increasingly uncertain world, and looking to 2021, four key trends will be critical for companies. Chapter 2 is about the market landscape and major players. The HP Digital Manufacturing Trends Report explores how manufacturing executives worldwide view 3D printing today and how they intend to use the technology going forward. It includes production, market share revenue, price, and the growth rate by type. Big Market Research has added a report, titled, “Digital Manufacturing Market” The report not only provides a comprehensive analysis of market overview and dynamics for the historical period, 2019-2026, but also offers global and regional forecasts on market value, volume production, and consumption during the future period, 2019-2026. Use this research as a guide in your effort to transform and innovate your business. In the same period, the report also provides a detailed analysis of market value and consumption for each region. Our Digital Manufacturing services focus on leveraging the power of digital technologies to reshape the manufacturing landscape. Accelerate production and reduce non-quality costs via a seamless digital thread. Direct: +1-971-202-1575 Winning both demands a personalized approach. The report begins with a brief introduction and market overview, in which the Digital Manufacturing industry is first defined before estimating its market scope and size. Early 2020 was characterized by atrophied supply chains. Additionally, the report also delves into regional production, consumption, export, and import for the historic period. There is a fair amount of variation by region, but for most, Digital Manufacturing is a global priority. 2020 B2B Manufacturing Report Chapter 9 introduces the industrial chain of Digital Manufacturing . Transformative digital strategies involve adopting Industries 4.0 paradigm; however, manufacturers struggle to scale change. Digital manufacturing has been considered, over the last decade, as a highly promis-ing set of technologies for reducing product development times and cost as … Industrial chain analysis, raw material sources and downstream buyers are analyzed in this chapter. Chapter 1 provides an overview of Digital Manufacturing market, containing global revenue, global production, sales, and CAGR. Adalidda connect Business enterprises, SMEs, Social Enterprises, Nonprofit Organizations and Start-ups to Funding, Grants and Business opportunities Worldwide. Digital manufacturing—industrial 3D printing in particular—has catalyzed world-changing ideas since its inception. For the future period, sound forecasts on market value and volume are offered for each type and application. More than 2,000 3D printing and digital manufacturing decision makers from Europe, Asia, the U.S., Canada and Mexico participated in the survey. Digital transformation is creating new winners and losers as it disrupts each and every sector of the UK economy, including manufacturing. Big Market Research has added a report, titled, “Digital Manufacturing Market” The report not only provides a comprehensive analysis of market overview and dynamics for the historical period, 2019-2026, but also offers global and regional forecasts on market value, volume production, and consumption during the future period, 2019-2026. 5933 NE Win Sivers Drive, #205, Portland, The regions analyzed in the research include North America, Europe, China, Japan, Middle East & Africa, India, and South America. What COVID-19 highlighted aren’t simply suggestions on change management. Though 76% of manufacturers either have a smart factory initiative that is ongoing or are working on formulating it, only 14% of companies are satisfied with their level of success. Meet demand in a challenging market with automated and flexible manufacturing operations. Chapter 11 prospects the whole Digital Manufacturing market, including the global production and revenue forecast, regional forecast. Mr. Abhishek Paliwal Gold Membership. Only 6% of manufacturers are ‘Digital Masters’: an advanced stage in digitizing production processes with a strong foundation of vision, governance and employee skills. Big Market Research has a range of research reports from various publishers across the world. We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. Chapter 5 focuses on the application of Digital Manufacturing , by analyzing the consumption and its growth rate of each application. People were scrambling for masks. Global Core Drill Rigs Market 2019: Size Expansion, Share Estimation and Growth Analysis with Most Demanding Players, Global Reheat Steam Turbines Market 2019: Is Expected To Grow Rapidly By 2025, Videogame Console Market Size 2020: Strong Growth Continues With Technology Advancements To Continue Beyond 2027 | Development Factors & In-depth Analysis of Industry Players, Pet Monitoring Camera Market: Strong Growth Continues With Technology Advancements To Continue Beyond And Growing Rapidly With Significant CAGR From 2020-2027. Consumers are redefining how they engage with the world’s finite resource, and businesses must adapt quickly. It also foresees the Digital Manufacturing market by type and application. Platinum Membership. Chapter 3 provides a full-scale analysis of major players in Digital Manufacturing industry. Companies report as much as 10–12 percent gains in areas like manufacturing output, factory utilization, and labor productivity after they invested in smart factory initiatives. In some cases, two patients were dangerously connected to one ventilator. Roughly four out of five respondents intend to increase 3D printing investments for the same reasons the technology was so relied upon this year—the ability to increase agility and unlock growth at a greater capacity than traditional manufacturing. People were surveyed across three continents and nine geographic areas including Canada, China, Germany, Japan, Mexico, Singapore, the UK, and the U.S. An automotive original equipment manufacturer (OEM) can design the entire manufacturing process digitally (tooling, machining, assembly sequencing, and factory layout) at the same time that designers are designing the next vehicle program. They are foundational pillars in a fast-moving world—a world that will only continue to demand more creative solutions. There is a direct and established connection—primarily through investment and use cases—between smart factory initiatives and the business value realized. To do this effectively, smart manufacturing is key. Digitalising Manufacturing Conference is the UK leading international annual gathering of manufacturing leaders in digital and aims to address the lessons learnt from the recent crisis whilst introducing delegates to new strategies to react in the short-term and emerging future opportunities to thrive in the long-term. The basic information, as well as the profiles, applications and specifications of products market performance along with Business Overview are offered. Digital manufacturing is the future of productivity. This year, however, the technology proved invaluable, moving at warp-speed in the face of unprecedented challenges when the world was overtaken by a fast-spreading virus. CTRL + SPACE for auto-complete. The HP Digital Manufacturing Report is a global study by HP Inc. A machine is able to read a CAD (computer aided design) file in order to deliver it in a few hours. Chapter 6 is about production, consumption, export, and import of Digital Manufacturing in each region. Chapter 10 provides clear insights into market dynamics. It was conducted by SME Media/Research across three continents and nine geographic areas including Canada, China, France, Germany, Japan, Mexico, Singapore, the UK, and the U.S. Fieldwork was conducted from July 28 – August 11, 2020 across 2,175 3D printing and digital manufacturing decision makers. Please complete the form below to download The Manufacturer Top 100 Report The Digital Manufacturing market study now available with Market Study Report, LLC, is a collation of valuable insights related to market size, market share, profitability margin, growth dynamics and regional proliferation of this business vertical We’ve only just begun to discover and demonstrate what it can do. HP 3D Printing & Digital Manufacturing, HP Inc. Certified Manufacturing Associate (CMfgA), Certified Manufacturing Technologist (CMfgT), Canadian Manufacturing Technology Show (CMTS), Montreal Manufacturing Technology Show (MMTS), North American Manufacturing Research Conference (NAMRC), Western Manufacturing Technology Show (WMTS). More than two thirds of respondents report that Digital Manufac-turing is at the top of their operations-strategy agenda. It was conducted by SME Media/Research across three continents and nine geographic areas including Canada, China, France, Germany, Japan, Mexico, Singapore, the UK, and the U.S. Fieldwork was conducted from July 28 – August 11, 2020 across 2,175 3D printing and digital manufacturing decision makers. Request a sample of this premium research: https://www.bigmarketresearch.com/request-sample/3204728?utm_source=HTN&utm_medium=ANIL. The HP Digital Manufacturing Report is a global study by HP Inc. Digital Manufacturing Report. Begin manufacturing in parallel with engineering and remain updated with access and visibility to the latest design changes. Digital manufacturing can be defined as an integrated approach to manufacturing that is centered around a computer system. The manufacturing industry supports entire economies and ecosystems, and the insights revealed during his challenging time demand our attention and accountability. 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