New York, NY -- (SBWIRE) -- 08/21/2017 -- The analysts forecast the global PLM software market in the automotive sector to grow at a CAGR of 8.81% during the period 2017-2021.

Product lifecycle management (PLM) software helps in several stages of product development such as product designing, design engineering, and manufacturing. The growing product complexity and the increase in product portfolio across organizations have led to the emergence of PLM software and services. PLM software caters to the need for managing products in terms of servitization. It offers solutions to the production process across industries. The implementation of PLM software in an organization provides higher revenue, reduce cost, and capital efficiency.

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Covered in this report

The report covers the present scenario and the growth prospects of the global PLM software market in the automotive sector for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global PLM Software Market in the Automotive Sector 2017-2021, 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
- Autodesk
- Dassault Systèmes
- PTC
- Siemens PLM Software

Other prominent vendors
- Altair
- ANSYS
- Arena Solutions
- Bentley Systems
- CAD Schroer
- Exa
- NUMECA
- Omnify Software
- Oracle
- Salesforce.com
- SAP
- Simerics
- Symscape

Market driver
- Decrease in product design time and cost
- For a full, detailed list, view our report

Market challenge
- Concerns about data security in PLM
- For a full, detailed list, view our report

Market trend
- Use of DM in manufacturing intelligent cars
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 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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Table Of Contents – Major Key Points

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
- PLM overview

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Market overview
- cPDM
- CAD
- S&A
- DM

PART 07: Geographical segmentation
- Overview
- The Americas
- EMEA
- APAC

PART 08: Decision framework

PART 09: Drivers and challenges
- Market drivers
- Market challenges

PART 10: Market trends
- Use of DM in manufacturing intelligent cars
- Increase in adoption of CFD for battery designing
- Shift toward 4D CAD
- Shift from perpetual license model to subscription model

PART 11: Vendor landscape
- Overview
- Other prominent vendors

PART 12: Key vendor profiles
- Autodesk
- Dassault Systèmes
- PTC
- Siemens PLM Software

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