Lewes, DE -- (SBWIRE) -- 10/30/2015 -- Report forecast the global DM market in the automotive industry to grow at a CAGR of 8.08% over the period 2014-2019.

DM software is a part of the product lifecycle management software. It helps improve the overall efficiency of the production in an organization by defining the optimization of manufacturing processes and managing data in the product development cycle, and it also supports the effective collaboration within the organization. DM software provides and supports process planning, factory modeling, visualization and simulation of operations, human factor analysis, and collaborative communication. It helps manufacturing companies to improve their production efficiency by reducing production time and manufacturing expenses. Industries such as automotive, electrical and electronics, industrial machinery, aerospace and defense, consumer process goods, and utility industries use DM software.

The report covers the current scenario and the growth prospects of the global DM market in the automotive industry for the period of 2015-2019. To calculate the market size and vendor share, the report considers both direct and indirect revenue of vendors. It presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major growth drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that will contribute to the growth of the market.

Global DM Market in the Automotive Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.

Key regions
- Americas
- APAC
- EMEA

According to the report, the major solution for reduction or elimination of product recalls is traceability. Traceability is the process of verifying the systems or products with the help of well-documented historic data. One of the major facts that drive the need for DM is that it can be used for enhancing traceability in manufacturing processes. DM collects all data regarding the manufacturing process and compares it with the production plans and warns the management in case of any inconsistency.

Key players in the Global DM Market in the Automotive Industry: Autodesk, Mentor Graphics, Siemens, PTC and Dassault

Other Prominent Vendors in the market are: CAD Schroer and Bentley

Key market driver
- Benefits associated with adoption of DM
- For a full, detailed list, view our report

Key market challenge
- Threat due to availability of pirated software
- For a full, detailed list, view our report

Key market trend
- Availability of cloud-based services
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors

Spanning over 95 pages "Global DM Market in the Automotive Industry: Research Report 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market landscape, Geographical segmentation, Americas, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-dm-market-automotive-industry-research-report-2015-2019

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