Estimates that the Chinese PLM Market Grew 12.8% in 2013
ANN ARBOR, Michigan, 12 June 2014—CIMdata, Inc., the leading global PLM strategic management consulting and research firm announces the release of the CIMdata 2014 China PLM Market Analysis Report. This report provides detailed information and in-depth analysis on the People’s Republic of China’s (“China”) rapidly-evolving PLM market. The report discusses 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. 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 headquartered elsewhere. This report is a collaborative effort of CIMdata and China-based e-works Manufacturing Information Technology Co., Ltd. ( http://www.eworksglobal.com/ in English and http://www.e-works.net.cn in Chinese).
Stan Przybylinski, CIMdata’s Vice President of Research said, “While the global PLM market slowed in the second half of 2013, China had another strong year, with nearly 13% growth to US$845 million,and in 2014 the growth rate of the Chinese Mainstream PLM market is forecasted to be 14.2%.” 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 2 years and projects growth through 2018.
China PLM Market Size and Growth Rates
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 include Dassault Systèmes, PTC, and Siemens PLM Software, and these three firms accounted for nearly 38% of China-based Mainstream PLM revenues in 2013, down from 54% in 2012. “Local Chinese solution providers continue to improve their offerings,” stated Peter Bilello, CIMdata’s President. “We had strong attendance at our third annual China PLM Market & Industry Forum from both local solution providers and mainstream international providers. These local competitors are taking share away from the global leaders in China, a good sign for the vitality of the Chinese PLM market,” he added.
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 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 including pricing information are available on CIMdata’s website for publications.
About CIMdata
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 (PLM) 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 providers 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 our website at
www.CIMdata.com, follow us on Twitter:
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+1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.
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Stan Przybylinski
VP of Research
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