About PLM
Many manufacturing companies need PLM software as it deals with various functional levels of an organization such as product designing, design engineering, and manufacturing. The need for managing a product from the concept to servitization has led to the emergence of PLM software and services.
The growing product complexity and increase in product portfolios across organizations has led to the demand for a system that can provide solutions to the production process across industries. The implementation of a PLM in an organization provides higher revenue, reduces cost, and provides capital efficiency.
Technavio's analysts forecast the global PLM market in the aerospace and defense industry to grow at a CAGR of 8.94% during the period 2016-2020.
Enquiry About Reports @ http://www.radiantinsights.com/research/global-plm-market-in-the-aerospace-and-defense-sector-2016-2020
Covered in this report
The report covers the present scenario and the growth prospects of the global PLM market in the aerospace and defense industry for the period 2016-2020. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global PLM Market in the Aerospace and Defense Sector 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.
Other prominent vendros
Ansys
Bentley
3D Systems
Cadence
Cadonix
CD-Adapco
Graebert
Hexagon
IMSI/Design
IronCAD
Mentor Graphics
MSC
Numeca International
Oracle
SAP
Synopsys
Zuken.