Dublin, April 25, 2016 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global PLM Market in the Aerospace and Defense Sector 2016-2020" report to their offering.

The global PLM market in the aerospace and defense industry to grow at a CAGR of 8.94% during the period 2016-2020.

The report covers the present scenario and the growth prospects of the global PLM market in the aerospace and defense industry for the period 2016-2020. To calculate the market size and the vendor share, the report considers both the direct revenue and the indirect revenue of the vendors.

Many manufacturing companies need PLM software as it deals with various functional levels of an organization such as product designing, design engineering, and manufacturing. The need for managing a product from the concept to servitization has led to the emergence of PLM software and services.

The growing product complexity and increase in product portfolios across organizations has led to the demand for a system that can provide solutions to the production process across industries. The implementation of a PLM in an organization provides higher revenue, reduces cost, and provides capital efficiency.

IoT is the network of physical tangible objects, which are interconnected through technology and can communicate among themselves, and also with the internal and external environment. Thus, IoT is carried out by connecting devices with each other and also with their end-users' communication devices.

According to the report, increase in R&D, especially in EMEA is another major driver in the market. EMEA is the largest player in the global PLM market in the aerospace and defense industry and has several companies specialized in R&D in the industry.

Further, the report states that piracy issues of PLM software is a major challenge for vendors, leading to a decrease in their revenue.

Key vendors

- Autodesk
- Dassault Systèmes
- PTC
- Siemens PLM Software

Other prominent vendors

- Ansys
- Bentley
- 3D Systems
- Cadence
- Cadonix
- CD-Adapco
- Graebert
- Hexagon
- IMSI/Design
- IronCAD
- Mentor Graphics
- MSC
- Numeca International
- Oracle
- SAP
- Synopsys
- Zuken.

Key Topics Covered:

PART 01: Executive summary
- Highlights

PART 02: Scope of the report
- Market overview
- Top-vendor offerings

PART 03: Market research methodology
- Research methodology
- Economic indicators

PART 04: Introduction
- Key market highlights
- PLM overview
- Role of PLM in product development process

PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis

PART 06: Market segmentation by product
- Market overview
- Global cPDM market in aerospace and defense industry
- Global CAD market in aerospace and defense industry
- Global EDA market in aerospace and defense industry
- Global FEA market in aerospace and defense industry
- Global NC market in aerospace and defense industry
- Global DM market in aerospace and defense industry
- Global CFD market in aerospace and defense industry

PART 07: Geographical segmentation
- Overview

PART 08: Americas
- Market size and forecast

PART 09: EMEA
- Market size and forecast

PART 10: APAC
- Market size and forecast

PART 11: Market drivers

PART 12: Impact of drivers

PART 13: Market challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends

PART 16: Vendor landscape
- Overview
- Other prominent vendors

PART 17: Key vendor analysis
- Autodesk
- Dassault Systèmes
- PTC
- Siemens PLM Software

PART 18: Appendix

For more information visit http://www.researchandmarkets.com/research/4n34qm/global_plm_market

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