New Study Reports ” Computer Aided Design (CAD) Software Market 2021, Global Key Players Analysis, Share, Trends, Growth Status, Revenue Expectation Forecasts 2030″ has been Added. Global computer aided design (CAD) software market was valued at US$ 7,470.0 Mn in 2020 and is anticipated to grow at a CAGR of 6.4% over the forecast period to reach US$ 13,100.4 Mn in 2030. Some of the players operating in the computer aided design (CAD) software market are 3D Systems, Inc., Alibre, LLC, Altium Limited, Autodesk Inc., AVEVA Group plc, BENTLEY SYSTEMS, Inc., Bricsys NV, Cadonix Ltd., Corel Corporation, Dassault Systèmes, Design LLC, Hexagon AB, Kubotek3D, Nanosoft, Onshape Inc., PTC, Robert McNeel & Associates, RS Components Ltd, Siemens Industry Software Inc., The Nemetschek Group (ALLPLAN) and Trimble Inc. amongst others.
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This Computer Aided Design (CAD) Software report helps you effortlessly figure out brand awareness and perception of your brand and product among potential customers of the industry. Few aspects are kept into view while formulating this global Computer Aided Design (CAD) Software market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2021-2030 market development trends for industry. The Computer Aided Design (CAD) Software report puts on view significant product developments and tracks recent acquisitions, mergers and research in the industry by the key players.
Important Features that are under offering & key highlights of the report:
- Detailed overview of Computer Aided Design (CAD) Software market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Computer Aided Design (CAD) Software market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Computer Aided Design (CAD) Software market performance
- Computer Aided Design (CAD) Software Market player’s information to sustain and enhance their footprint
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Incorporation of advanced technologies in traditional solutions are enhancing the efficiency of CAD software, thus, boosting the demand in global computer aided design (CAD) software market.
CAD is a software tool for creating 2D and 3D designs and technical documentations to replace rigorous manual drafting. Engineers, researchers, architects and other professionals use CAD for drafting digital drawings, visualizing and sharing these designs. CAD software have went through a huge transformation with incorporation advanced technologies including artificial intelligence (AI), AR (Augmented Reality)/VR (Virtual Reality), 3D printing and others which enhance the performance of traditional CAD software The visualization technologies including AR and VR enables drafters to interact with 3D models thus creating an immersive experience. For instance, the VR-CAD of flying shapes enables users to model 3D designs using VR goggles and pen tools which gives immersive modelling experience. 3D printing and scanning developments have facilitated reverse engineering of complex systems.
Scanners from companies including Javelin Technologies Inc., FARO Technologies, Inc. and others are used to capture real world objects and digital image of file can be modelled by using ReCap of Autodesk Inc., scan-to-CAD of 3D Systems, Inc. or other similar products. 3D scanning eliminates the extra work required to draft a design from start. AI technology enables CAD software to perform generative design wherein user enters design goals along performance parameters and the software accordingly produces a set of optimum alternative designs after performing all possible combinations. These state of the art technologies are enhancing the capabilities of traditional CAD thus, posing higher demand from end-users to propel the growth of computer aided design (CAD) software market across the globe.
Presence of free and open source CAD software are hindering the growth of market players as most of the students, independent researchers and freelancers are more prone to use these free resources. For instance, the Onshape CAD software of PTC is offered free to university students. However innovative and convenient pricing models are attracting these individuals along with small and medium sized businesses which have limited IT expenditure budgets. Newly introduced subscription based CAD software offerings are trending amongst CAD software end users. Subscription based model allows users to customize the price and features of CAD software as per requirement and hence a better economic alternative for businesses. This trend is anticipated to overcome the challenge of free CAD offerings and thus fuelling the growth of global computer aided design (CAD) software market over the forecast period.
Rise in outbreak of global pandemic COVID-19 is anticipated to create a positive impact on demand for CAD software. Many manufacturing companies across the globe are developing new sanitizer dispensers, drive through or walk through sanitation units, temperature monitoring units and other equipment to curb the spread of this infectious disease. In April 2020, ANSYS, Inc. uploaded simulation of the coronavirus infection spread which will assist the customers of this company to effectively design face masks, shields and other personal protective equipment (PPE). This trend of safety is anticipated to prevail even in the post-corona phase, thus driving the demand in global computer aided design (CAD) software market over forecast years for developing newer safety and hygiene equipment.
Global Computer Aided Design (CAD) Software Market:
Computer Aided Design (CAD) Software Market: By Offering
- Managed Services
- Professional Services
Computer Aided Design (CAD) Software Market: By Organization Size
- Small and Medium Enterprises
- Large Enterprises
Computer Aided Design (CAD) Software Market: By Industry
- Construction and Design
- Oil and Gas
- Energy and Utilities
- Consumer Electronics
- Electrical Appliances and Instrumentation
- Naval Architecture and Shipbuilding
- Aerospace and Aviation
Computer Aided Design (CAD) Software Market: By Type
Computer Aided Design (CAD) Software Market: By Operating System Type
Computer Aided Design (CAD) Software Market: By Geography
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Key Pointers Covered in Computer Aided Design (CAD) Software Market Industry Trends and Forecast
- Computer Aided Design (CAD) Software Market Size
- Computer Aided Design (CAD) Software Market Standards and Changes
- Computer Aided Design (CAD) Software Market Trials in Different Regions
- Computer Aided Design (CAD) Software Market Requirements in Different Regions
- Computer Aided Design (CAD) Software Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competitiveness
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**It provides a detailed analysis of changing market trends, current and future technologies used, and various strategies adopted by leading players of the global Computer Aided Design (CAD) Software market
**It offers recommendations and advice for new entrants the global Computer Aided Design (CAD) Software market and carefully guides established players for further market growth
**Apart from the hottest technological advances in the global Computer Aided Design (CAD) Software market, it brings to light the plans of dominant players in the industry
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