New ARC Advisory Group research on the Product Lifecycle Management market reveals that continuous advances in additive manufacturing machines are leading to more adoption of the technology across multiple industries. Product lifecycle management (PLM) suppliers, especially those with strong CAD and CAE offerings, are investing heavily in the research and development of additive manufacturing-related software, including generative design and process simulation.
“A less predictable but potentially impactful trend that may also affect the market over the next five years is the growth of additive manufacturing. Manufacturers are focusing on technologies like additive manufacturing as enablers of the smart factory and IIoT. Additive manufacturing can change entire business models from product design to supply chain management. For PLM suppliers, this represents opportunity for systems engineering and an industrial market for additive manufacturing solutions,” according to Will Hastings, Analyst at ARC Advisory Group and key author of ARC’s Product Lifecycle Management Global Market Research 2017-2022 report.
About the Product Lifecycle Management Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the product lifecycle management market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques. The research includes competitive analysis, plus five-year market forecasts by industry, PLM sector, revenue category, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes up to five years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.