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Global PLM Market in the Electrical and Electronics Industry to Grow at a CAGR of 8.98% During the Period 2016-2019

 

Albany, NY -- (SBWIRE) -- 01/26/2016 -- "The Report Global PLM Market in the Electrical and Electronics Industry 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About PLM Market in the Electrical and Electronics Industry

Consumers nowadays prefer to access internet facilities on the go, without time and location constraint. Since these facilities are well supported by tablet OS and smartphones, with an enhanced HD viewing experience on a small screen and web surfing capability, the production of smartphones and tablets is on the rise. Thus, the increasing production of tablets and smartphones is leading to the growth of the PLM market in the electrical and electronics industry.

Technavios analysts forecast the global PLM market in the electrical and electronics industry to grow at a CAGR of 8.98% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global PLM market in the electrical and electronics industry for the period 2015-2020. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors, which includes VARs and distributors.

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Technavio's report, Global PLM Market in the Electrical and Electronics Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors:

Ansys
Autodesk
Cadence Design Systems
Dassault Systmes
Mentor Graphics
PTC
Siemens PLM Software
Synopsys

Other prominent vendors:

Bentley
3D Systems
GstarCAD
Cadonix
CD-Adapco
Graebert
Hexagon
IMSI/Design
IronCAD
MSC
Numeca International
Oracle
SAP
Zuken.

Market driver:

Effective collaboration among various business units
For a full, detailed list, view our report

Market challenge:

Threat of pirated software
For a full, detailed list, view our report

Market trend:

Increased support for multitasking in NC software
For a full, detailed list, view our report

Key questions answered in this report:

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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