cPDM Market in the Electrical and Electronics: Industry Analysis 2015-2019
cPDM software solutions is a strategic business approach applying a consistent set of business solutions that collaboratively provide effective and efficient methods for managing the functions of product lifecycle management (PLM). They help in effective product data management, collaborative product visualization, collaborative product commerce, effective integration of cPDM with enterprise applications, and supplier relationship management (SRM). cPDM software solutions assist in streamlining manufacturing and production processes for efficient business operation. cPDM solutions help enterprises bring innovative and profitable products to market more effectively in the evolving e-business web-enabled environment. These software solutions are adopted by industries such as the automotive, electrical and electronics, industrial machinery, aerospace and defense, process packaged goods, petrochemical, and shipbuilding.
Technavio's analysts forecast the global cPDM market in the electrical and electronics industry to grow at a CAGR of 10.58% over the period 2014-2019.
Covered in this report
The report covers the current scenario and the growth prospects of the global cPDM market in the electrical and electronics industry for the period of 2015-2019. To calculate the market size and vendor share, the report considers both the direct and indirect revenue of vendors. It presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market.
Technavio's report, Global cPDM Market in the Electrical and Electronics Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.Key vendors
Technavio Announces the Publication of its Research Report – Global CPDm Market in the Electrical and Electronics Industry 2015-2019
Technavio recognizes the following companies as the key players in the Global CPDm market in the Electrical and Electronics Industry: Dassault, PTC, and Siemens PLM Software.
Other Prominent Vendors in the market are: Accenture, HP, IBM, Oracle, Synopsys, TCS, Capgemini, and Deloitte.
Commenting on the report, an analyst from Technavio’s team said: “Several cPDM vendors have incorporated the capability to support different types of CAD files, including .dwg, .dft, .3dxml, .psm, and database files. This enables integration of different design files for the generation of a single product structure.”
According to the report, PLM software solutions including cPDM provide virtual product design, analysis, and digital manufacturing capabilities that provide maximum economic benefits.
Further, the report states that market vendors are are facing a stiff challenge in providing interoperability because of the lack of standardization in terms of protocol, program formats, syntax, and terminology.
Dassault, PTC, Siemens PLM Software, Accenture, HP, IBM, Oracle, Synopsys, TCS, Capgemini, Deloitte.