DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pm7sb8/cad_market_in) has announced the addition of the "CAD Market in Japan 2015-2019" report to their offering.
The CAD market in Japan to grow at a CAGR of 5.7% over the period 2014-2019.
The report, CAD Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
In 2014, the R&D expenditure by automobile manufacturers in the US amounted to $18.2 billion, and will likely grow moderately over the forecast period. The author estimates that China will remain the second largest R&D spender over the forecast period. However, China is likely to topple the US in terms of R&D investments after 2020.
According to the report, large number of international as well as regional vendors operate in the market. Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software are the major vendors in the market. The companies have formulated a series of business stratagems to achieve consolidation and realize more revenue. For instance, Autodesk has setup three business strategies to boost its market in Japan and worldwide: Grow, transform, and expand. Dassault Systèmes, another key global player, uses M&A with local vendors as its strategy to increase its market share in Japan.
Further, the report states that limited presence of resellers is a major factor affecting the market growth.
- Dassault Systèmes
- Siemens PLM Software
Other Prominent Vendors
- 3D Systems
- Bentley System
- Chuo Engineering
- Hitachi Sunway Information Systems
- Mentor Graphics
- Robert McNeel & Associates
For more information visit http://www.researchandmarkets.com/research/pm7sb8/cad_market_in.