The Report Global BOM Software Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

Albany, NY -- (SBWire) -- 06/30/2016 --About the Bill of Materials (BOM) Software Market

The BOM is a list of raw materials, parts, and components and the quantity of them required to manufacture a product. There are three types of BOM:

Manufacturing BOM: It is a list of parts required to manufacture a complete product.

Engineering BOM: It is a list of parts required as per the engineering drawing notes, which are made prior to manufacturing a product. It also includes substitute parts and alternative parts that are required during the design stage.

Service BOM: It is a list of parts required during the maintenance and service stage.

BOM software helps to visualize and share BOM information across various units of an organization on a real-time basis.

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BOM software is widely used to track the changes made to a product during different stages of its life cycle. It is used to maintain consistency and have a record of the raw materials consumed during the life cycle of a particular model.

Technavios analysts forecast the global BOM software market to grow at a CAGR of 8.14% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global BOM software market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total application of BOM globally. The report does not include revenue generated from the aftermarket service of the product.

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The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

Technavio's report, Global Bill of Materials (BOM) Software Market 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
Autodesk
Arena Solutions
Aras
Dassault Systmes
PTC
Siemens PLM

Other prominent vendors
IQMS
Omnify Software
Open systems
Oracle
SAP
Siliceon Expert Technologies

Market driver
Improved efficiency of supply chain
For a full, detailed list, view our report

Market challenge
Growing concerns over data security
For a full, detailed list, view our report

Market trend
Incorporation of PLM software into enterprise and MES 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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