CIMdata Releases its 2012 China PLM Report
ANN ARBOR -- The product lifecycle management software consulting and research firm CIMdata Inc. Tuesday announced the availability of its 2012 China PLM Market Analysis Report. This report provides detailed information and in-depth analysis on China's rapidly evolving PLM market.
The report discusses the major China PLM trends and issues, PLM purchase investments in software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to this important and quickly expanding economic region. This report also provides insight into PLM market dynamics within the region and the revenue performance of the leading PLM solution providers operating within it, both China-based and international PLM solution providers based elsewhere.
This report is a joint collaborative effort of CIMdata and China-based e-works Manufacturing Information Technology Co. Ltd., www.eworksglobal.com.
"Once again the global market had a strong year and China proved even stronger," said CIMdata research director Stan Przybylinski. "In 2011, the Chinese Mainstream PLM market grew 22.3 percemt to $640.9 million which is about 10 percent higher than the growth rate of the global mainstream PLM market, and in 2012 the growth rate of the Chinese Mainstream PLM market is forecasted to be 13.9 percent."
Chinese industries that are heavily investing in PLM include aerospace, automotive, high-tech, and mechanical machinery. The following chart illustrates the growth and size of the China PLM market for the past two years and projects growth through 2016. Global PLM solution providers continue to invest in China and are expanding their partner networks and growing their customer bases. The leading international PLM providers include Dassault Systèmes, PTC, and Siemens PLM Software, and these three firms accounted for nearly 54 percent of China-based mainstream PLM revenues in 2011.
"In the last year, several China-based ERP solution providers began offering PLM solutions, which illustrates how attractive this space has become," stated Peter Bilello, CIMdata president. "We had strong attendance at our first China PLM Market and Industry and Forum, from both local providers and mainstream international providers. In fact, in Shanghai we had the most fervent discussion of systems engineering, a very advanced PLM topic, of any of our four sessions around the world. Their end users see the importance of this topic to developing complex products, and the China-based PLM solution providers want to add capabilities to support them."
This report reflects the trend that Chinese manufacturers are paying more and more attention to product innovation and are fast improving their own R&D capabilities and processes by deploying PLM, not only in traditional discrete industries, but also in life sciences, food & beverage, and several emerging vertical markets.
CIMdata designed this report to be a valuable source of information to support the business and market planning processes of PLM solution providers that are targeting China, as well as industrial companies within China who would like to understand the PLM competitive landscape. Further details about the report are available on CIMdata's Web site at www.cimdata.com/publications/reports_purchase.html#China_MAR.
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise's ability to design and deliver innovative products and services through the application of Product Lifecycle Management solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM enabling technologies.
CIMdata works with both industrial organizations and suppliers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications.
The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia-Pacific.
To learn more about CIMdata's services, visit www.CIMdata.com.
