Computer-Aided Design (CAD) software is used for mechanical and documentation designing. The CAD software is used as a substitute for the manual drafting process, and it is an automated technique of mechanical design. The CAD software enables the development and manufacturing process by providing a complete diagram of the product and information regarding the product's materials, dimensions, tolerances, conventions, etc. The main applications of CAD software include the creation of conceptual design, product layout, and analysis of manufacturing and assembly processes. CAD Software is also used in the preparation of environment based impact reports, where the CAD generated designs assist in producing rendering of the appearance of the new structures when they are built. The user interface used to create designs are digital graphic tablet, mouse, digital pen, etc.
MARKET DYNAMICS
The disciplines to generate models and drawings and the adoption of CAD design platform in various manufacturing industries is the prime factor driving for the growth of the global CAD market. The growing adoption of virtual platforms for product expansion in manufacturing industries is expected to fuel the consumption of CAD software. CAD-based designs are used all through the life cycle of a product and at various stages, such as concept verification, design verification, and failure verification. The rapid growth in the automotive industry is the major factor in boosting the growth of the global CAD market.
MARKET SCOPE
The "Global CAD Software Market Analysis to 2028" is a specialized and in-depth study of the CAD software market with a special focus on the global market trend analysis. The report aims to provide an overview of CAD software market with detailed market segmentation by technology, deployment type, model, level, application. The global CAD software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading CAD software market players and offers key trends and opportunities in the CAD software market.
MARKET SEGMENTATION
The global CAD software market is segmented on the basis of technology, deployment type, model, level, application. On the basis of technology, the market is segmented as 2d software, 3d software. On the basis of deployment type, the market is segmented as cloud, on premise. On the basis of model, the market is segmented as wireframe, surface, solid. On the basis of level, the market is segmented as beginner, intermediate, pro. On the basis of application, the market is segmented as aerospace and defense, manufacturing, automotive, healthcare, media and entertainment, others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global CAD software market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The CAD software market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting CAD software market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the CAD software market in these regions.
MARKET PLAYERS
The reports cover key developments in the CAD software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from CAD software market are anticipated to lucrative growth opportunities in the future with the rising demand for CAD software market. Below mentioned is the list of few companies engaged in the CAD software market.
The report also includes the profiles of key CAD software market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- 3D SYSTEMS CORPORATION
- AUTODESK INC.
- AVEVA GROUP PLC
- DASSAULT SYSTEMES
- GSTARSOFT CO. LTD.
- HEXAGON AB
- IRONCAD LLC
- PTC INC.
- SIEMENS AG
- TRIMBLE INC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.