The global Computer Aided Design (CAD) market is expected to reach a market size of USD 12.97 Billion at a rapid CAGR of 5.4% in 2028, according to the latest analysis by Emergen Research. The rapid growth in the market can be attributed to the rise in the adoption of CAD in various application verticals is one of the major factors contributing to growth of the market. Use of CAD software reduces the time taken to sketch. Moreover, 3D models can easily be formed through CAD software. This helps the industries in designing and analyzing the product with just a fraction of the cost as compared to the conventional methods. CAD provides a wide range of modification possibilities to the product right at the designing phase. All these advantages and benefits of CAD contribute to growth of the market. Rise in the digitalization of manufacturing processes is also a major factor for growth of the market.
The market intelligence report is a prototype of the 360° overview of the global Computer Aided Design industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications. The latest research report is dubbed as the first document encompassing the latest information about the Computer Aided Design market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Computer Aided Design industry.
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Competitive Outlook: The leading companies operating in the Computer Aided Design market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Computer Aided Design Market and Profiled in the Report are:
Autodesk, Inc., Ansys Inc., Dassault Systèmes, Bentley Systems, Incorporated, SmartDraw LLC, Seimens Digital Industries Software, Kubotek3D, Cadonix Ltd, PTC Inc., and Bricsys NV
Objectives of the Report:
Industrial structure analysis of the Computer Aided Design market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Computer Aided Design market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Computer Aided Design market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Study of the global Computer Aided Design market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
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Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Services
Technology Type Outlook (Revenue, USD Billion; 2018–2028)
- 3D Technology
- 2D Technology
Application Outlook (Revenue, USD Billion; 2018–2028)
- 3D Printing
- Assembly
- Surface Modelling
- Reverse Engineering
- Drafting Detailing
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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