Published by Coherent Market Insights
Posted on September 21, 2021
3 min readLast updated: February 3, 2026
The digital manufacturing market is set to grow, driven by IoT adoption and strategic M&A. Major players are expanding portfolios amid automotive sector challenges.
United States/WA: Digital Manufacturing Market Will Boom In Near Future
Report Pages:[130 Pages]
Competitive Analysis
Major players operating in the global digital manufacturing market include, Autodesk, Dassault Systèmes, Mentor Graphics, Proto Labs, Inc., PTC, and Siemens PLM Software.
Major players operating in the global digital manufacturing market are focused on adopting M&A strategies to expand their product portfolio. For instance, in January 2021, Proto Labs, Inc. entered into a definitive agreement to acquire 3D Hubs, Inc. – an online manufacturing platform that provides engineers with on-demand access to a global network of approximately 240 premium manufacturing partners.
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Market Dynamics
Increasing adoption of digital manufacturing is expected to propel growth of the global digital manufacturing market. For instance, in January 2021, The ZF Friedrichshafen AG choose Microsoft and PwC Germany as its strategic partners to build digital manufacturing platform. Moreover, launch of new systems for digital manufacturing is also expected to aid in growth of the market. For instance, in November 2020, Dell Technologies Inc. launched new HPC systems for genomics, digital manufacturing and AI.
Increasing adoption of Internet of Things (IoT) in manufacturing industries is expected to offer lucrative growth opportunities for players in the global digital manufacturing market. For instance, in February 2021, Skylo, an end-to-end solution provider, partnered with Beetel, a technology brand offering contemporary solutions for India’s connectivity and IT needs, to rapidly scale the adoption of end-to-end Internet of Things (IoT) solutions to connect the billions of machines and remote assets in hundreds of industries across India.
Among end-use industries, the automotive segment is expected to witness decline in the global digital manufacturing market, owing to decrease in sale of automobiles. For instance, according to the Society of Motor Manufacturers and Traders, the new car registrations in the U.K. decreased by 44% in March 2020 compared that in March 2019.
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The post [PDF] Digital Manufacturing Market: How To Empower Your Product Growth Development? appeared first on Gatorledger.
The article discusses the growth and dynamics of the digital manufacturing market, highlighting key players and strategies.
Major players are using mergers and acquisitions to expand their product portfolios and market reach.
The automotive segment is experiencing a decline due to decreased car sales, impacting the digital manufacturing market.
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