Tuesday 27 October 2015, Amsterdam
The report, now available on ASDReports, recognizes the following companies as the key players in the Global DM in the Electrical an Electronics Sector: Autodesk, Dassault Syst?mes, Mentor Graphics, PTC, and Siemens PLM Software.
Other Prominent Vendors in the market are: Bentley, CAD Schroer, and Open Factory 3D.
Commenting on the report, an analyst said: “Vendors are focusing on reducing the adoption cost of PLM, thereby leading to increased adoption of cloud-based PLM software in this market.”
According to the report, although the global DM market in the electrical and electronics industry generates a large part of its revenue from developed countries, the market is growing at a rapid rate in developing countries as well.
Further, the report states that warranty management is a major issue faced by many industries in many sectors with multiple product recalls, and it negatively impacts consumer of this market.
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 a SWOT analysis of the key vendors.
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