Global Dm in the Aerospace and Defense Sector - Market Trend, Growth, Research and Analysis 2015-2019

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The report considers direct revenues as well as indirect revenue sources of market vendors to calculate the market size and vendor shares. Technavio market research analysts predict the global digital manufacturing (DM) market in the aerospace and defense industry to reach a market size of more than USD 295 million by 2019.

Traditionally, process planning preceded product planning in the manufacturing cycle. This practice in certain circumstances can lead to a possible incompatibility between the product and the production process, resulting in loss of time and capital.

Digital manufacturing enables simultaneous product and process planning, thus reducing the time for manufacture planning. This reduction in time is achieved through process automation, communication and collaboration, and simulation of the manufacturing process.

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Geographical segmentation of the DM market in aerospace and defense

APAC

Americas

EMEA

The DM market in EMEA in the aerospace and defense industry is expected to reach approximately USD 136 million in revenues by 2019. The major end-users of DM software for aerospace and defense industries are countries that have the highest military expenditure in Europe. They are the UK, France, and Germany.

Vendor landscape of the global DM in the aerospace and defense market

Autodesk

Dassault Systmes

Mentor Graphics

PTC

Siemens PLM Software

There are many vendors in the market looking to increase their market shares by offering innovative products. During the forecast period, many open-source vendors are expected emerge, thus intensifying the competition in this market.

The impact of product and training costs on the DM market in aerospace and defense...