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China Mainstream PLM Software Market 2014-2018 - Increase in M&A(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/4sz5jr/mainstream_plm) has announced the addition of the "Mainstream PLM Software Market in China 2014-2018" report to their offering. The Mainstream PLM Software market in China will grow at a CAGR of 11.94 percent over the period 2013-2018. Product lifecycle management (PLM) software helps to manage the whole lifecycle of a product. A product's lifecycle includes all the stages that it goes through from its initial concept phase, its design phase, and manufacture to its final disposal. PLM software includes several applications including computer-aided design (CAD), mechanical computer-aided design (MCAD), computer-aided manufacturing (CAM), simulation and analysis (S&A), collaborated product data management (cPDm), and digital manufacturing (DM). An increase in the number of mergers and acquisitions is a major trend in the market. PLM vendors are keen to expand the use of the software across upstream and downstream parts of the value chain furthering market growth. According to the report, the need to reduce product development cycle time is a major driver of this market. Product development cycle time is directly related to the cost of the products. The cost of the product has to be low and of good quality to make a profit. Further, the report states that the lack of skilled employees is one of the major challenges faced by the market. Vendors such as Siemens PLM Software have introduced steps to reduce the shortage of skilled employees. The Mainstream PLM Software market in China can be divided into five product segments: - MCAD - cPDM - S&A - NC - Others Key Vendors - Parametric Technology - Siemens PLM Software - Dassault Syst?mes Other Prominent Vendors - Autodesk - Bentley Systems - CAXA - CoreTech System - MSC Software - PERA Global - Transoft Solutions - ZWCAD For more information visit http://www.researchandmarkets.com/research/4sz5jr/mainstream_plm CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Software (http://www.researchandmarkets.com/categories.asp?cat_id=34&campaign_id=4sz5jr) . (c) 2014 M2 COMMUNICATIONS |