About the Bill of Materials (BOM) Software Market
The BOM is a list of raw materials, parts, and components and the quantity of them required to manufacture a product. There are three types of BOM:
• Manufacturing BOM: It is a list of parts required to manufacture a complete product.
• Engineering BOM: It is a list of parts required as per the engineering drawing notes, which are made prior to manufacturing a product. It also includes substitute parts and alternative parts that are required during the design stage.
• Service BOM: It is a list of parts required during the maintenance and service stage.
• BOM software helps to visualize and share BOM information across various units of an organization on a real-time basis.
BOM software is widely used to track the changes made to a product during different stages of its life cycle. It is used to maintain consistency and have a record of the raw materials consumed during the life cycle of a particular model.
Technavio’s analysts forecast the global BOM software market to grow at a CAGR of 8.14% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global BOM software market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total application of BOM globally. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography:
• APAC
• Europe
• North America
• ROW
Technavio's report, Global Bill of Materials (BOM) Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the operating in this market.
Key vendors
• Autodesk
• Arena Solutions
• Aras
• Dassault Systèmes
• PTC
• Siemens PLM
Other prominent vendors
• IQMS
• Omnify Software
• Open systems
• Oracle
• SAP
• Siliceon Expert Technologies
Market driver
• Improved efficiency of supply chain
• For a full, detailed list, view our report
Market challenge
• Growing concerns over data security
• For a full, detailed list, view our report
Market trend
• Incorporation of PLM software into enterprise and MES software
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 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 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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
PART 05: Life cycle analysis
PART 06: Market landscape
• Market size and forecast
PART 07: Market attractiveness by end-user
PART 08: Market segmentation by end-user
• Automotive industry
• Electrical and electronics industry
• Aerospace and defense industry
PART 09: Geographical segmentation
• North America
• APAC
• Europe
• ROW
PART 10: Market drivers
• Improved efficiency of supply chain
• Increase in mass customization
• Need to enhance communication among business units
• Increased cross-plant manufacturing activities
PART 11: Impact of drivers
PART 12: Market challenges
• Growing concerns over data security
• Lack of standardization
• Threat of pirated software
• High product and training costs
• High cost of implementation
PART 13: Impact of drivers and challenges
PART 14: Market trends
• Incorporation of PLM software into enterprise and MES software
• Use of BOM solutions to develop smart connected devices
PART 15: Impact of trends
PART 16: Vendor landscape
• Competitive analysis
PART 17: Other prominent vendors
PART 18: Appendix
• List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Life cycle stage of BOM 2015
Exhibit 03: Life cycle stage of BOM 2020
Exhibit 04: Global BOM software market 2015-2020 ($ billions)
Exhibit 05: Market attractiveness by end-user 2015
Exhibit 06: Market attractiveness by end-user 2020
Exhibit 07: Global BOM software market by end-user 2015 (%)
Exhibit 08: Global BOM software market by CAGR 2015-2020 (%)
Exhibit 09: Global BOM software market in automotive industry 2015-2020 ($ millions)
Exhibit 10: Features
Exhibit 11: Global BOM software market in electrical and electronics industry 2015-2020 ($ millions)
Exhibit 12: BOM software market in aerospace and defense industry 2015-2020 ($ millions)
Exhibit 13: R&D investments in aerospace and defense industry 2014
Exhibit 14: Process in R&D
Exhibit 15: Global BOM software market by geography 2015 (%)
Exhibit 16: Global BOM software market by CAGR 2015-2020 (%)
Exhibit 17: BOM software market in North America 2015-2020 ($ billions)
Exhibit 18: BOM software market in APAC 2015-2020 ($ millions)
Exhibit 19: Manufacturing units in India by automotive companies
Exhibit 20: BOM software market in Europe 2015-2020 ($ millions)
Exhibit 21: Product recalls in automotive industry
Exhibit 22: BOM software market in ROW 2015-2020 ($ millions)
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: Integration process of ERP, MES, and PLM
Exhibit 26: Impact of trends
Exhibit 27: Dassault Systèmes: Business/product segmentation 2014 (%)
Exhibit 28: Dassault Systèmes: Business/product segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 29: Dassault Systèmes: Geographical segmentation by revenue 2014 (%)
Exhibit 30: PTC: Product segmentation 2014
Exhibit 31: PTC: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 32: PTC: Geographical segmentation by revenue 2014 (%)
Exhibit 33: Siemens: Expansion plan
Exhibit 34: Siemens: Expansion strategy by end-user
