US Digital Manufacturing Market To Expand

  • Wednesday, 26 August 2015 06:27

Research and Markets reports that the digital manufacturing market in the US is set to grow 7.55 percent annually until 2019.

With the increased awareness and focus on Industry 4.0, the manufacturing industry has progressively turned its attention to improving overall production efficiency. Digital manufacturing software can help to do this, through optimising the manufacturing process, managing and storing data, and supporting effective collaboration in an organisation.

Typically, digital manufacturing software has features for manufacturing requirements such as process planning, factory modelling, or even visualisation and simulation of operations. As such, it can be used in virtually any manufacturing sector like automotive, electrical & electronics, industrial machinery or aerospace.

The report by Research and Markets covers the market landscape in the US and forecasts it to grow at a compound annual growth rate of 7.55 percent in the period of 2015-2019.

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