|This two-volume report provides detailed information and in-depth analysis on the People¡¯s Republic of China¡¯s (¡°China¡±) rapidly-evolving PLM market for calendar year 2017. The public and private reports discuss the major PLM trends and issues, PLM purchase investments in software and services, PLM adoption in various industry sectors, and market growth forecasts that pertain to China; an important and quickly expanding economic region. The private volume 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 headquartered elsewhere. The private volume reports on revenues attributable to various PLM solution providers in the Chinese market. These reports are a joint collaborative effort of CIMdata and China-based e-works Research (http://www.eworksglobal.com/ in English and http://www.e-works.net.cn in Chinese).
The CIMdata China PLM Market Analysis Report is delivered in two parts:
Stan Przybylinski, CIMdata Vice President said, ¡°In CIMdata¡¯s measurement the global PLM market grew 7.6% in 2017, but China saw 12.9% growth. In 2017 the growth rate of the Chinese Mainstream PLM market is forecasted to be 13.8%.¡± Chinese industries that are heavily investing in PLM include aerospace, automotive, high-tech electronics, and mechanical machinery. The following chart illustrates the growth and size of the China PLM market for the past 2 years and projects growth through 2022.
The ¡°China PLM Market Analysis Report Private Data¡± volume focuses on the results of the leading providers in the overall PLM market in China and in selected segments and industries. All information contained in the China report are CIMdata¡¯s estimates.
The ¡°China PLM Market Analysis Report Public Data¡± volume focuses on the Chinese economy and the overall PLM market, including some qualitative information about leading PLM solution and service providers in China. It is this public report that is being published today.
Global PLM solution providers continue to invest in China and are expanding their partner networks and growing their customer bases. The leading international PLM solution providers including Dassault Syst¨¨mes, PTC, and Siemens PLM Software are all showing continued growth in China, but local firms are growing as well. ¡°Local Chinese solution providers are starting to gain real market share,¡± stated Peter Bilello, CIMdata¡¯s President. ¡°We had strong attendance at our seventh annual China PLM Market & Industry Forum. Chinese companies see the need to develop smart, connected products and are very interested in systems engineering. These Chinese competitors are closer to their local marketnew segments, a good sign for the vitality of the Chinese PLM market,¡± he added.
China PLM Market in 2016 and 2017 and Projected Growth Through 2022 with Year Over Year Growth Rate
This report reflects the trend that Chinese manufacturers are paying more and more attention to product innovation and are rapidly 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 these reports 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 reports including pricing information are available on CIMdata¡¯s website at https://www.cimdata.com/en/research/plm-market-analysis-report-series.