Research and Markets - Global DM Market in Automotive Industry 2016-2020 - Key Vendors are Autodesk, Dassault Systemes & Siemens PLM Software

DUBLIN, Dec 20, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global DM Market in Automotive Industry 2016-2020" report to their offering.

The report forecasts the global DM market in automotive industry to grow at a CAGR of 8.13% during the period 2016-2020.

The report, Global DM Market in Automotive Industry 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.

One of latest trends in the market is increasing use of DM in manufacturing intelligent cars. The automotive industry is moving toward producing intelligent vehicles, which include completely digitized vehicles (in some cases auto driven) with proper connectivity, apps, and infotainment systems using mediums such as Wi-Fi. Companies such as Tesla have invested a large amount in the R&D of intelligent electric vehicles post 2014. Tesla spent more than $700 million on R&D in 2015. Once an intelligent car model is designed, it should be made in a factory environment, which requires additional facilities such as testing simulations in driverless mode. This increases the complexity associated with the manufacturing processes.

According to the report, one of the primary drivers in the market is increased use of DM for improved traceability. The major solution for the reduction or elimination of product recalls is traceability. Traceability is the process of verifying the systems or products with the help of well-documented past data. One of the major factors that drives the market for DM is its role in traceability in manufacturing processes. DM collects all the data about the manufacturing process, compares it with the production plans, and warns the management in case of any inconsistency. It also provides detailed data about the list of operations performed using a particular part and the products made using that part. This helps to identify any issues affecting the product from the root level.

Further, the report states that one major challenge in the market is high cost of implementation.

Key vendors:

• Autodesk
• Dassault Systèmes
• Siemens PLM Software

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: PLM overview

Part 06: DM market overview

Part 07: Role of DM in automotive manufacturing

Part 08: DM value creation

Part 09: Market landscape

Part 10: Geographical segmentation

Part 11: Buying criteria

Part 12: Market drivers

Part 13: Impact of drivers

Part 14: Market challenges

Part 15: Impact of drivers and challenges

Part 16: Market trends

Part 17: Impact of trends

Part 18: Five forces model

Part 19: Vendor landscape

Part 20: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/vn42px/global_dm_market

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-dm-market-in-automotive-industry-2016-2020---key-vendors-are-autodesk-dassault-systemes--siemens-plm-software-300382057.html

SOURCE Research and Markets