Friday, 19 December 2014

PLM Software Market Growing at a CAGR of 11.94%

China Mainstream PLM Software Market Size, Analysis, Share, Research, Growth, Trends, Report, Opportunities and Forecast 2014-2018

A computer software known as Product lifecycle management (PLM) is a technology which manages the entire production cycle of any product. PLM assist in each and every step of manufacturing the product which includes developing the initial concept, product designing phase, manufacturing and final disposal.

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PLM software has a wide variety of applications such as computer-aided design (CAD), computer-aided manufacturing (CAM), mechanical computer-aided design (MCAD), simulation and analysis (S&A), digital manufacturing (DM) and collaborated product data management (cPDm).

Research Beam adds a report titled “Mainstream PLM Software Market in China 2014-2018.” The report provides detailed explanation and analysis of the mainstream PLM software market in China with market trends, application, technologies and competitive landscape. As per the report, the Chinese mainstream PLM software market is expected to register a CAGR of 11.94% during the forecast period i.e. 2013-2018.

The demand for PLM software in China has been increasing in the recent years, which is mainly due to the growing need to reduce the product development cycle time. Also, the increasing M&A is another factor, which would fuel the market growth in the coming years. However, the market lacks in the number of skilled employees, which could possibly hinder the growth of the Chinese market.

The report is an extensive source of information for the Chinese investors to understand the varied market dynamics and competitive structure of the PLM software market in China. The prominent companies profiled in the report are CAXA, Siemens PLM Software, MSC Software, Autodesk, Parametric Technology, PERA Global, Bentley Systems, Dassault Systèmes, ZWCAD, CoreTech System and Transoft Solutions. 

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Key Questions Answered in this Report:

• What will the market size be in 2018 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?

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