The PLM in Discrete Manufacturing Global Market Report 2023, provides comprehensive information on the PLM in discrete manufacturing market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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According to The Business Research Company's PLM in Discrete Manufacturing Global Market Report for 2023, the global market for PLM in discrete manufacturing is poised for robust growth. In 2022, the market size stood at $21.11 billion, but it is projected to soar to $22.89 billion by 2023, reflecting a noteworthy compound annual growth rate (CAGR) of 8.4%.

However, the backdrop of this expansion is influenced by the disruptive geopolitical events, notably the Russia-Ukraine war, which has cast a shadow on the global economic recovery efforts initiated in the wake of the COVID-19 pandemic. The resultant economic sanctions, heightened commodity prices, and widespread supply chain disruptions have collectively contributed to inflationary pressures, impacting various sectors worldwide.

In light of these challenges, the PLM market within discrete manufacturing is anticipated to demonstrate resilience and progress, with a projected market size of $31.17 billion by 2027, maintaining a CAGR of 8.0%. This signifies the industry's enduring potential for growth and adaptability in an ever-evolving global landscape.

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In the realm of discrete manufacturing PLM, strategic collaboration emerges as a prominent and consequential trend. Notably, leading entities within the PLM discrete manufacturing sector are actively seeking collaborative alliances to fortify their market positions. An illustrative instance of such collaboration occurred in January 2020 when Aras Corp, a prominent US-based software company specializing in PLM for discrete manufacturing, forged a strategic partnership with Ansys Inc., another distinguished US-based software enterprise.

This strategic synergy encompassed the licensing of Aras's cutting-edge platform technology, heralding a new era of digital engineering practices. This technological innovation is poised to revolutionize PDM/PLM interoperability and configuration management, facilitating the development of highly scalable and configurable products.

Expanding the horizon of collaboration, in April 2021, Siemens AG, a renowned German automation giant operating within the discrete manufacturing PLM sphere, joined hands with SAP SE, an eminent German software corporation. This strategic extension empowers both organizations to provide novel solutions for service and asset lifecycle management. Beginning with a focus on discrete manufacturing, Siemens is poised to introduce an array of SAP offerings, including the SAP asset intelligence network, the SAP asset strategy and performance management application, and the SAP enterprise portfolio and project management package. These collaborative initiatives underscore the dynamic nature of the PLM landscape and its capacity for innovation and progress.

The PLM in discrete manufacturing market is segmented:

1) PLM in Discrete Manufacturing Market By Component: Software, Services

2) PLM in Discrete Manufacturing Market By Enterprise Size: Large Enterprises, Small and Medium Enterprises

3) PLM in Discrete Manufacturing Market By Deployment Model: On-Premise, Cloud

4) PLM in Discrete Manufacturing Market By Industry Vertical: Automotive and Transportation, Industrial Machinery and Heavy Equipment, High-Tech And Consumer Electronics, Aerospace and Defense, Other Industry Verticals

North America was the largest region in the PLM in discrete manufacturing market in 2022.

The table of contents in TBRC’s PLM in discrete manufacturing market report includes:

1. Executive Summary

2. PLM in Discrete Manufacturing Market Characteristics

3. PLM in Discrete Manufacturing Market Trends And Strategies

4. PLM in Discrete Manufacturing Market - Macro Economic Scenario

5. PLM in Discrete Manufacturing Market Size And Growth

.....

26. Africa PLM in Discrete Manufacturing Market

27. PLM in Discrete Manufacturing Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The PLM in Discrete Manufacturing Market

29. PLM in Discrete Manufacturing Market Future Outlook and Potential Analysis

30. Appendix

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