Global Bill of Material Management Software Market Research Report 2023

The traditional Bill of Material/excel based Bill of Material issues such as incomplete data, data inconsistency and incorrect data entry create major problems in manufacturing process across diversified industry vertical. Therefore, manufacturing companies are moving towards Bill of Material Management Software to streamline interrelated product information management and multiple linked Bill of Material management. The software also helps to share the Bill of Material information across the different department.

The global Bill of Material Management Software market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major factor driving Bill of material software market is the modernization of business processes. Internet is growing extensively due to which companies are adopting modern technologies such as cloud, mobility and other within their existing infrastructure. Implementation of modern technologies is helping company to adopt Bill of Material software that provides companies to access information related to partners, suppliers, product, cost and compliance status at single sign-in. Small and medium players are also adopting this software in order to identify risk components, centralize their work, monitor parts availability  and to eradicate redundancy.

This report aims to provide a comprehensive presentation of the global market for Bill of Material Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bill of Material Management Software.

The Bill of Material Management Software market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Bill of Material Management Software market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Bill of Material Management Software companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Bill of Material Management Software Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Compliance Management

1.2.3 Product Data Management

1.2.4 Product Lifecycle Management

1.2.5 Material Requirement Planning

1.2.6 Sales Management

1.3 Market by Application

1.3.1 Global Bill of Material Management Software Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Manufacturing

1.3.3 Construction and Engineering

1.3.4 Transportation

1.3.5 Healthcare and Life Science

1.3.6 Consumer Goods

1.3.7 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Bill of Material Management Software Market Perspective (2018-2029)

2.2 Bill of Material Management Software Growth Trends by Region

2.2.1 Global Bill of Material Management Software Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Bill of Material Management Software Historic Market Size by Region (2018-2023)

2.2.3 Bill of Material Management Software Forecasted Market Size by Region (2024-2029)

2.3 Bill of Material Management Software Market Dynamics

2.3.1 Bill of Material Management Software Industry Trends

2.3.2 Bill of Material Management Software Market Drivers

2.3.3 Bill of Material Management Software Market Challenges

2.3.4 Bill of Material Management Software Market Restraints

3.1 Global Top Bill of Material Management Software Players by Revenue

3.1.1 Global Top Bill of Material Management Software Players by Revenue (2018-2023)

3.1.2 Global Bill of Material Management Software Revenue Market Share by Players (2018-2023)

3.2 Global Bill of Material Management Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Bill of Material Management Software Revenue

3.4 Global Bill of Material Management Software Market Concentration Ratio

3.4.1 Global Bill of Material Management Software Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Bill of Material Management Software Revenue in 2022

3.5 Bill of Material Management Software Key Players Head office and Area Served

3.6 Key Players Bill of Material Management Software Product Solution and Service

3.7 Date of Enter into Bill of Material Management Software Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Bill of Material Management Software Historic Market Size by Type (2018-2023)

4.2 Global Bill of Material Management Software Forecasted Market Size by Type (2024-2029)

5.1 Global Bill of Material Management Software Historic Market Size by Application (2018-2023)

5.2 Global Bill of Material Management Software Forecasted Market Size by Application (2024-2029)

6.1 North America Bill of Material Management Software Market Size (2018-2029)

6.2 North America Bill of Material Management Software Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Bill of Material Management Software Market Size by Country (2018-2023)

6.4 North America Bill of Material Management Software Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Bill of Material Management Software Market Size (2018-2029)

7.2 Europe Bill of Material Management Software Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Bill of Material Management Software Market Size by Country (2018-2023)

7.4 Europe Bill of Material Management Software Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Bill of Material Management Software Market Size (2018-2029)

8.2 Asia-Pacific Bill of Material Management Software Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Bill of Material Management Software Market Size by Region (2018-2023)

8.4 Asia-Pacific Bill of Material Management Software Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Bill of Material Management Software Market Size (2018-2029)

9.2 Latin America Bill of Material Management Software Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Bill of Material Management Software Market Size by Country (2018-2023)

9.4 Latin America Bill of Material Management Software Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Bill of Material Management Software Market Size (2018-2029)

10.2 Middle East & Africa Bill of Material Management Software Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Bill of Material Management Software Market Size by Country (2018-2023)

10.4 Middle East & Africa Bill of Material Management Software Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 AutoDesk

11.1.1 AutoDesk Company Detail

11.1.2 AutoDesk Business Overview

11.1.3 AutoDesk Bill of Material Management Software Introduction

11.1.4 AutoDesk Revenue in Bill of Material Management Software Business (2018-2023)

11.1.5 AutoDesk Recent Development

11.2 Aras

11.2.1 Aras Company Detail

11.2.2 Aras Business Overview

11.2.3 Aras Bill of Material Management Software Introduction

11.2.4 Aras Revenue in Bill of Material Management Software Business (2018-2023)

11.2.5 Aras Recent Development

11.3 Dassault Systems

11.3.1 Dassault Systems Company Detail

11.3.2 Dassault Systems Business Overview

11.3.3 Dassault Systems Bill of Material Management Software Introduction

11.3.4 Dassault Systems Revenue in Bill of Material Management Software Business (2018-2023)

11.3.5 Dassault Systems Recent Development

11.4 PTC

11.4.1 PTC Company Detail

11.4.2 PTC Business Overview

11.4.3 PTC Bill of Material Management Software Introduction

11.4.4 PTC Revenue in Bill of Material Management Software Business (2018-2023)

11.4.5 PTC Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Bill of Material Management Software Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Compliance Management

    Table 3. Key Players of Product Data Management

    Table 4. Key Players of Product Lifecycle Management

    Table 5. Key Players of Material Requirement Planning

    Table 6. Key Players of Sales Management

    Table 7. Global Bill of Material Management Software Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global Bill of Material Management Software Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global Bill of Material Management Software Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global Bill of Material Management Software Market Share by Region (2018-2023)

    Table 11. Global Bill of Material Management Software Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global Bill of Material Management Software Market Share by Region (2024-2029)

    Table 13. Bill of Material Management Software Market Trends

    Table 14. Bill of Material Management Software Market Drivers

    Table 15. Bill of Material Management Software Market Challenges

    Table 16. Bill of Material Management Software Market Restraints

    Table 17. Global Bill of Material Management Software Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global Bill of Material Management Software Market Share by Players (2018-2023)

    Table 19. Global Top Bill of Material Management Software Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bill of Material Management Software as of 2022)

    Table 20. Ranking of Global Top Bill of Material Management Software Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by Bill of Material Management Software Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players Bill of Material Management Software Product Solution and Service

    Table 24. Date of Enter into Bill of Material Management Software Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global Bill of Material Management Software Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global Bill of Material Management Software Revenue Market Share by Type (2018-2023)

    Table 28. Global Bill of Material Management Software Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global Bill of Material Management Software Revenue Market Share by Type (2024-2029)

    Table 30. Global Bill of Material Management Software Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global Bill of Material Management Software Revenue Market Share by Application (2018-2023)

    Table 32. Global Bill of Material Management Software Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global Bill of Material Management Software Revenue Market Share by Application (2024-2029)

    Table 34. North America Bill of Material Management Software Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America Bill of Material Management Software Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America Bill of Material Management Software Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe Bill of Material Management Software Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe Bill of Material Management Software Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe Bill of Material Management Software Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific Bill of Material Management Software Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific Bill of Material Management Software Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific Bill of Material Management Software Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America Bill of Material Management Software Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America Bill of Material Management Software Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America Bill of Material Management Software Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa Bill of Material Management Software Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa Bill of Material Management Software Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa Bill of Material Management Software Market Size by Country (2024-2029) & (US$ Million)

    Table 49. AutoDesk Company Detail

    Table 50. AutoDesk Business Overview

    Table 51. AutoDesk Bill of Material Management Software Product

    Table 52. AutoDesk Revenue in Bill of Material Management Software Business (2018-2023) & (US$ Million)

    Table 53. AutoDesk Recent Development

    Table 54. Aras Company Detail

    Table 55. Aras Business Overview

    Table 56. Aras Bill of Material Management Software Product

    Table 57. Aras Revenue in Bill of Material Management Software Business (2018-2023) & (US$ Million)

    Table 58. Aras Recent Development

    Table 59. Dassault Systems Company Detail

    Table 60. Dassault Systems Business Overview

    Table 61. Dassault Systems Bill of Material Management Software Product

    Table 62. Dassault Systems Revenue in Bill of Material Management Software Business (2018-2023) & (US$ Million)

    Table 63. Dassault Systems Recent Development

    Table 64. PTC Company Detail

    Table 65. PTC Business Overview

    Table 66. PTC Bill of Material Management Software Product

    Table 67. PTC Revenue in Bill of Material Management Software Business (2018-2023) & (US$ Million)

    Table 68. PTC Recent Development

    Table 69. Research Programs/Design for This Report

    Table 70. Key Data Information from Secondary Sources

    Table 71. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Bill of Material Management Software Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Bill of Material Management Software Market Share by Type: 2022 VS 2029

    Figure 3. Compliance Management Features

    Figure 4. Product Data Management Features

    Figure 5. Product Lifecycle Management Features

    Figure 6. Material Requirement Planning Features

    Figure 7. Sales Management Features

    Figure 8. Global Bill of Material Management Software Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global Bill of Material Management Software Market Share by Application: 2022 VS 2029

    Figure 10. Manufacturing Case Studies

    Figure 11. Construction and Engineering Case Studies

    Figure 12. Transportation Case Studies

    Figure 13. Healthcare and Life Science Case Studies

    Figure 14. Consumer Goods Case Studies

    Figure 15. Others Case Studies

    Figure 16. Bill of Material Management Software Report Years Considered

    Figure 17. Global Bill of Material Management Software Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 18. Global Bill of Material Management Software Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 19. Global Bill of Material Management Software Market Share by Region: 2022 VS 2029

    Figure 20. Global Bill of Material Management Software Market Share by Players in 2022

    Figure 21. Global Top Bill of Material Management Software Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Bill of Material Management Software as of 2022)

    Figure 22. The Top 10 and 5 Players Market Share by Bill of Material Management Software Revenue in 2022

    Figure 23. North America Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. North America Bill of Material Management Software Market Share by Country (2018-2029)

    Figure 25. United States Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Canada Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Europe Bill of Material Management Software Market Share by Country (2018-2029)

    Figure 29. Germany Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. France Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. U.K. Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Italy Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Russia Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Nordic Countries Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Asia-Pacific Bill of Material Management Software Market Share by Region (2018-2029)

    Figure 37. China Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Japan Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. South Korea Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Southeast Asia Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. India Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Australia Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Latin America Bill of Material Management Software Market Share by Country (2018-2029)

    Figure 45. Mexico Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Brazil Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Middle East & Africa Bill of Material Management Software Market Share by Country (2018-2029)

    Figure 49. Turkey Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Saudi Arabia Bill of Material Management Software Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 51. AutoDesk Revenue Growth Rate in Bill of Material Management Software Business (2018-2023)

    Figure 52. Aras Revenue Growth Rate in Bill of Material Management Software Business (2018-2023)

    Figure 53. Dassault Systems Revenue Growth Rate in Bill of Material Management Software Business (2018-2023)

    Figure 54. PTC Revenue Growth Rate in Bill of Material Management Software Business (2018-2023)

    Figure 55. Bottom-up and Top-down Approaches for This Report

    Figure 56. Data Triangulation

    Figure 57. Key Executives Interviewed