|
|
|
2025.10.06
カテゴリ：Technology
As indicated in the latest market research report published by IMARC Group, titled "India Product Lifecycle Management Market Report by Type of Service (CAX, Discrete PLM, Process PLM), Deployment Mode (On-Premise, Cloud), Service Type (Maintenance/Support, Implementation, Consulting, and Others), End User Industry (Retail, Aerospace and Defense, Automotive, Electronics, Medical Devices, Pharmaceutical and Biotech), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market. Market Size & Future Growth Potential: The India product lifecycle management market size reached USD 930 Million in 2024 and expects the market to reach USD 1,550 Million by 2033, exhibiting a growth rate (CAGR) of 5.9% during 2025-2033. Latest Market Trends: The market is experiencing robust growth driven by India's ambitious push toward becoming a global manufacturing powerhouse. With the manufacturing sector targeting USD 1 Trillion by 2026, businesses are increasingly adopting PLM solutions to streamline product development cycles and enhance operational efficiency. The government's Make in India initiative, coupled with Production Linked Incentive (PLI) schemes, has attracted significant investments into the manufacturing sector, totaling USD 165.1 billion in 2024, which is accelerating digital transformation across industries. The integration of advanced technologies like artificial intelligence, Internet of Things, and Digital Twin capabilities into PLM platforms is revolutionizing how Indian manufacturers approach product development. Companies are leveraging these intelligent systems to create digital threads that connect product design with real-time production monitoring, predictive maintenance, and supply chain optimization. The automotive sector, which traditionally leads PLM adoption, is now being joined by aerospace and defense industries as they embrace indigenous manufacturing under programs like Atmanirbhar Bharat. Cloud-based PLM deployment is gaining significant traction among small and medium enterprises, offering them access to enterprise-grade capabilities without substantial upfront infrastructure investments. This shift is democratizing PLM technology access and enabling smaller manufacturers to compete more effectively in global markets. Additionally, the growing emphasis on sustainability and regulatory compliance is pushing manufacturers to adopt PLM solutions that can track environmental impact throughout the product lifecycle. Market Scope and Growth Factors: The scope of India's PLM market is expanding rapidly as digital transformation becomes a strategic imperative for manufacturers seeking competitive advantages. The aerospace and defense sector, projected to reach USD 70 Billion by 2030 according to India Brand Equity Foundation, is emerging as a significant growth driver. Indigenous defense production initiatives, supported by the Defense Procurement Procedure and offset agreements with global aerospace firms, are compelling Indian manufacturers to implement sophisticated PLM systems for managing complex engineering workflows and ensuring compliance with international standards. The manufacturing sector's digitalization journey is being accelerated by Industry 4.0 adoption, with over two-thirds of Indian manufacturers expected to embrace digital transformation by 2025. According to NASSCOM projections, digital technologies will account for 40% of total manufacturing expenditure by 2025, up from just 20% in 2021. This paradigm shift is creating immense opportunities for PLM vendors as manufacturers seek integrated solutions that can handle everything from product conceptualization to end-of-life management. Foreign direct investment in manufacturing reached USD 19.04 billion in fiscal year 2024-25, representing an 18% year-on-year increase, which underscores growing global confidence in India's manufacturing capabilities. As international OEMs establish production facilities in India, they're demanding higher levels of digital integration from local suppliers, creating a ripple effect that's driving PLM adoption across the entire supply chain ecosystem. Smart manufacturing hubs and government-backed industrial corridors are further strengthening the infrastructure foundation needed for advanced PLM implementation. The convergence of PLM with enterprise resource planning systems and manufacturing execution systems is creating comprehensive digital ecosystems that enable end-to-end visibility and control. This integration capability is particularly crucial for industries like electronics, medical devices, and pharmaceuticals, where regulatory compliance, traceability, and quality management are paramount. The rising complexity of modern products, coupled with shorter product lifecycles and increasing customization demands, is making PLM solutions indispensable for manufacturers aiming to maintain agility while ensuring quality and compliance. We explore the factors propelling the India product lifecycle management market growth, including technological advancements, consumer behaviors, and regulatory changes. Recent News and Developments:
Request Free Sample Report: https://www.imarcgroup.com/india-product-lifecycle-management-market/requestsample Comprehensive Market Report Highlights & Segmentation Analysis: The market report offers a comprehensive analysis of the segments, highlighting those with the largest India Product Lifecycle Management Market Share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments. Segmentation by Type of Service:
Segmentation by Deployment Mode:
Segmentation by Service Type:
Segmentation by End User Industry:
Regional Insights:
Competitor Landscape: The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing:
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/india-product-lifecycle-management-market Key highlights of the Report:
Major Advantages of the Report:
Why Choose IMARC Group:
Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs. Discuss Your Needs with Our Analyst – Inquire or Customize Now: https://www.imarcgroup.com/request?type=report&id=30783&flag=C About Us IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise. Contact US IMARC Group お気に入りの記事を「いいね！」で応援しよう
最終更新日
2025.10.06 19:40:48
コメント(0) | コメントを書く
[Technology] カテゴリの最新記事
|
