Global Digital Manufacturing in Electrical and Electronics Industry Market 2024-2028

The digital manufacturing in electrical and electronics market is forecasted to grow by USD 14.96 bn during 2023-2028, accelerating at a CAGR of 17.07% during the forecast period. The report on the digital manufacturing in electrical and electronics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	16.45%
CAGR	17.07%
Incremental Value	$14.96bn

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing use of DM for improved traceability, DM becoming an inevitable link in manufacturing, and benefits associated with the adoption of DM.

Technavio's digital manufacturing in electrical and electronics market is segmented as below:

By Technology

Design-centric digital manufacturing tech.
Control-centric digital manufacturing tech.
Management-centric digital manufacturing tech.

By Type

Solution
Services

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increased use of mobile DM applications as one of the prime reasons driving the digital manufacturing in electrical and electronics market growth during the next few years. Also, availability of cloud-based services and the evolution of DDM will lead to sizable demand in the market.

The report on the digital manufacturing in electrical and electronics market covers the following areas:

Digital manufacturing in electrical and electronics market sizing
Digital manufacturing in electrical and electronics market forecast
Digital manufacturing in electrical and electronics market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital manufacturing in electrical and electronics market vendors that include 3D Engineering Automation LLP, Accenture Plc, Alphabet Inc., Aras Corp., Autodesk Inc., Bentley Systems Inc., CAD Schroer GmbH, Capgemini Service SAS, Dassault Systemes SE, DREAMZTECH US INC., Durr AG, Hewlett Packard Enterprise Co., Hexagon AB, KRONTIME S.L., Mitsubishi Electric Corp., PTC Inc., Sandvik AB, Siemens AG, Tata Consultancy Services Ltd., and Tulip Interfaces Inc. Also, the digital manufacturing in electrical and electronics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR45421

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global digital manufacturing in electrical and electronics industry market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global digital manufacturing in electrical and electronics industry market 2018 - 2022 ($ billion)
4.2 Technology Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Technology Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Technology

6.1 Market segments
Exhibit 30: Chart on Technology - Market share 2023-2028 (%)
Exhibit 31: Data Table on Technology - Market share 2023-2028 (%)
6.2 Comparison by Technology
Exhibit 32: Chart on Comparison by Technology
Exhibit 33: Data Table on Comparison by Technology
6.3 Design-centric digital manufacturing technology - Market size and forecast 2023-2028
Exhibit 34: Chart on Design-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Design-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Design-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Design-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
6.4 Control-centric digital manufacturing technology - Market size and forecast 2023-2028
Exhibit 38: Chart on Control-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Control-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Control-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Control-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
6.5 Management-centric digital manufacturing technology - Market size and forecast 2023-2028
Exhibit 42: Chart on Management-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Management-centric digital manufacturing technology - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Management-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Management-centric digital manufacturing technology - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Technology
Exhibit 46: Market opportunity by Technology ($ billion)
Exhibit 47: Data Table on Market opportunity by Technology ($ billion)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Solution - Market size and forecast 2023-2028
Exhibit 52: Chart on Solution - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Solution - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Solution - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Solution - Year-over-year growth 2023-2028 (%)
7.4 Services - Market size and forecast 2023-2028
Exhibit 56: Chart on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Services - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Services - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Services - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 60: Market opportunity by Type ($ billion)
Exhibit 61: Data Table on Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 63: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 64: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 65: Chart on Geographic comparison
Exhibit 66: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 South Korea - Market size and forecast 2023-2028
Exhibit 103: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ billion)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Accenture Plc
Exhibit 115: Accenture Plc - Overview
Exhibit 116: Accenture Plc - Business segments
Exhibit 117: Accenture Plc - Key news
Exhibit 118: Accenture Plc - Key offerings
Exhibit 119: Accenture Plc - Segment focus
12.4 Alphabet Inc.
Exhibit 120: Alphabet Inc. - Overview
Exhibit 121: Alphabet Inc. - Business segments
Exhibit 122: Alphabet Inc. - Key news
Exhibit 123: Alphabet Inc. - Key offerings
Exhibit 124: Alphabet Inc. - Segment focus
12.5 Autodesk Inc.
Exhibit 125: Autodesk Inc. - Overview
Exhibit 126: Autodesk Inc. - Product / Service
Exhibit 127: Autodesk Inc. - Key offerings
12.6 Bentley Systems Inc.
Exhibit 128: Bentley Systems Inc. - Overview
Exhibit 129: Bentley Systems Inc. - Product / Service
Exhibit 130: Bentley Systems Inc. - Key news
Exhibit 131: Bentley Systems Inc. - Key offerings
12.7 CAD Schroer GmbH
Exhibit 132: CAD Schroer GmbH - Overview
Exhibit 133: CAD Schroer GmbH - Product / Service
Exhibit 134: CAD Schroer GmbH - Key offerings
12.8 Capgemini Service SAS
Exhibit 135: Capgemini Service SAS - Overview
Exhibit 136: Capgemini Service SAS - Business segments
Exhibit 137: Capgemini Service SAS - Key news
Exhibit 138: Capgemini Service SAS - Key offerings
Exhibit 139: Capgemini Service SAS - Segment focus
12.9 Dassault Systemes SE
Exhibit 140: Dassault Systemes SE - Overview
Exhibit 141: Dassault Systemes SE - Product / Service
Exhibit 142: Dassault Systemes SE - Key news
Exhibit 143: Dassault Systemes SE - Key offerings
12.10 DREAMZTECH US INC.
Exhibit 144: DREAMZTECH US INC. - Overview
Exhibit 145: DREAMZTECH US INC. - Product / Service
Exhibit 146: DREAMZTECH US INC. - Key offerings
12.11 Hewlett Packard Enterprise Co.
Exhibit 147: Hewlett Packard Enterprise Co. - Overview
Exhibit 148: Hewlett Packard Enterprise Co. - Business segments
Exhibit 149: Hewlett Packard Enterprise Co. - Key news
Exhibit 150: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 151: Hewlett Packard Enterprise Co. - Segment focus
12.12 Hexagon AB
Exhibit 152: Hexagon AB - Overview
Exhibit 153: Hexagon AB - Business segments
Exhibit 154: Hexagon AB - Key news
Exhibit 155: Hexagon AB - Key offerings
Exhibit 156: Hexagon AB - Segment focus
12.13 PTC Inc.
Exhibit 157: PTC Inc. - Overview
Exhibit 158: PTC Inc. - Business segments
Exhibit 159: PTC Inc. - Key offerings
Exhibit 160: PTC Inc. - Segment focus
12.14 Sandvik AB
Exhibit 161: Sandvik AB - Overview
Exhibit 162: Sandvik AB - Business segments
Exhibit 163: Sandvik AB - Key news
Exhibit 164: Sandvik AB - Key offerings
Exhibit 165: Sandvik AB - Segment focus
12.15 Siemens AG
Exhibit 166: Siemens AG - Overview
Exhibit 167: Siemens AG - Business segments
Exhibit 168: Siemens AG - Key news
Exhibit 169: Siemens AG - Key offerings
Exhibit 170: Siemens AG - Segment focus
12.16 Tata Consultancy Services Ltd.
Exhibit 171: Tata Consultancy Services Ltd. - Overview
Exhibit 172: Tata Consultancy Services Ltd. - Business segments
Exhibit 173: Tata Consultancy Services Ltd. - Key news
Exhibit 174: Tata Consultancy Services Ltd. - Key offerings
Exhibit 175: Tata Consultancy Services Ltd. - Segment focus
12.17 Tulip Interfaces Inc
Exhibit 176: Tulip Interfaces Inc - Overview
Exhibit 177: Tulip Interfaces Inc - Product / Service
Exhibit 178: Tulip Interfaces Inc - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations