- The key vendors in the DM market in Japan 2015-2019 are Autodesk Inc., Dassault Systèmes, Mentor Graphics Corp., PTC (Parametric Technology) Inc. and Siemens PLM Software Inc.
London, 18 June 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the DM market in Japan 2015-2019. Integration of digital manufacturing with augmented reality is one of the major trends observed in this market. The DM market in Japan is witnessing the adoption of DM in combination with augmented reality. The need to test the feasibility of the product design or plant has led to adoption of augmented reality, where a product design or plant can be validated virtually rather than with the help of physical prototypes. The DM market in Japan is predicted to grow at a CAGR of 7.70% during the period 2014-2019.
The presence of many international vendors providing PLM solutions in Japan has contributed to the growth of the market. Increase in adoption of DM in the automotive and electrical and electronics industries has contributed to the growth of the DM market in Japan.
With an increase in the number of manufacturing bases in APAC and development of new and innovative products and processes in APAC, demand for DM is increasing at a high rate compared to EMEA and the Americas.
“There is a shift from the real manufacturing world to the DM world, enabling companies to digitally plan and execute the lifecycle of a product,” says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
