The DM market in China to grow at a CAGR of 8.50% over the period 2014-2019.
The DM market in Chinato grow at a CAGR of 8.50% over the period 2014-2019.
The report, DM Marketin China 2015-2019, has been prepared based on an in-depth market analysis withinputs from industry experts. The report covers China; it also covers themarket landscape and its growth prospects in the coming years. The report alsoincludes a discussion of the key vendors operating in this market.
DM is one of thesub-segments of PLM. It improves the overall efficiency of production byoptimizing the manufacturing process, managing data in the product developmentcycle, and supporting effective collaboration within an organization, which inturn reduces manufacturing costs. DM software provides and supports processplanning, factory modeling, visualization and simulation of operations, humanfactor analysis, and collaborative communication.
Many large DM softwarevendors have started to focus on fast-growing SMEs that require compact DMsoftware with less maintenance and easy configuration. SME-specific DM softwarereduces the total cost of ownership as it is priced lower compared to othercommercial DM software. Many SMEs and other cost-driven companies have startedto adopt compact DM software, which is increasing the focus of large DM vendorson SMEs.
According to thereport, DM reduces the production time and improves the lead time of the manufacturingprocess, which creates demand for DM software. It is estimated that DM reducesproduction time and lead time. It helps manufacturing companies to reduce leadtime by reducing product design time, shortening the production planningprocess, and reducing time spent on design changes. Thus, DM reduces overalltime to market by 30% by improving the operation planning process and theproduct design process.
Further, the reportstates that the training and product costs of DM software are quite high, hence,several companies resist investing in these solutions, and instead adoptopen-source software.
Key Vendors
· Dassault Systèmes
· PTC
· Siemens PLM
Other Vendors
· 3D Systems
· HP
· SAP
· TCS
· Visual Components
Key Topics Covered:
1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Effect of PLM, ERP, SCM, and CRM Solutions on ProductLife Cycle
7. Major Industries and their PLM Solution Providers
8. DM Value Creation
9. Market Landscape
10. Market Segmentation by End-users
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
