DUBLIN, Aug. 05, 2015 /PRNewswire/ -- Research and Markets(http://www.researchandmarkets.com/research/7qnp3v/dm_market_in) has announced the addition of the "DM Market in India 2015-2019" report to their offering.
The report, DM Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers India; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
DM is one of the sub-segments of PLM. It improves the overall efficiency of production by optimizing the manufacturing process, managing data in the product development cycle, and supporting effective collaboration within an organization, which in turn reduces manufacturing costs. DM software provides and supports process planning, factory modeling, visualization and simulation of operations, human factor analysis, and collaborative communication.
Many of the large DM vendors have started to provide SME-specific DM software. SMEs require compact DM software, which need less maintenance and can be easily configured. Therefore, these custom DMs are of a lower price when compared to other commercial DM software. This is motivating SMEs and cost-driven companies, in general, to adopt compact DM software.
According to the report, DM reduces production time and improves the lead time of manufacturing processes. It helps decrease the lead time by reducing product design time, shortening the production planning process, and reducing the time spent on design changes. Thus, DM reduces the overall time-to-market by 30% by improving the operation planning and the product design processes.
Further, the report states that the training and product costs involved are high, which can force organizations to use counterfeit or open-source DM software solutions.
- Dassault Systèmes
- Siemens PLM
- 3D Systems
- Visual Components
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Effect of PLM, ERP, SCM, and CRM Solutions on Product Life Cycle
- Major Industries and their PLM Solution Providers
- DM Value Creation
- Market Landscape
- Market Segmentation by End-users
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/7qnp3v/dm_market_in
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SOURCE Research and Markets