Digital Manufacturing Market: An Insight On the Important Factors and Trends Influencing the Market

Digital Manufacturing Market: An Insight On the Important Factors and Trends Influencing the Market

In today’s scenario, companies need to have a cutting edge technology in order to withstand the market competition. Digital manufacturing refers to the use of computer technology to integrate tools such as simulation, 3D visualization and analytics in order to create layout of product manufacturing process. Digital manufacturing is a subset of product lifecycle management (PLM) which improves overall production efficiency.

It provides and supports process planning, factory modeling, visualization and simulation of operations, human factor analysis and collaborative communication. This allows manufacturing engineers to create a complete definition of the manufacturing processes such as tooling, work centers, assembly lines and resources in a virtual environment.

It helps to effectively plan the processes before being production of products. Digital manufacturing takes feedback from actual production operations and include it into the new product design process, allowing companies to design and arrange production line during the planning of factory layout.

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The rapid growth in PLM is expected to boost investments in digital manufacturing. Digital manufacturing improves production efficiency and reduces time to market for a product. It also helps company to plan and train manpower in advance. Further, it can also validate robotics and automation programs virtually. Digital manufacturing allows part manufacturing processes to be optimized within a managed environment.

This will help companies to utilize its resources in efficient manner and decrease production cost considerably. Digital manufacturing allows to execute production processes by comparing real-time to lifecycle data. Digital manufacturing can be used to facilitate lean and flexible manufacturing by providing a graphical environment to analyze dimensional variation.