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CAD and PLM Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2025
Length 150 Pages
SKU # FOB20106829

Description

Growth Factors of CAD and PLM Software Market

The global Computer-Aided Design (CAD) and Product Lifecycle Management (PLM) software market is experiencing significant growth, driven by advancements in digital transformation, automation, and the increasing need for efficient product development processes. According to recent reports, the market was valued at USD 16.55 billion in 2024 and is projected to reach USD 30.36 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.0% during the forecast period .

Understanding CAD and PLM

CAD software enables the creation of 2D and 3D models of products, facilitating the design and visualization processes before physical manufacturing. PLM software, on the other hand, manages the entire lifecycle of a product from inception, through engineering design and manufacturing, to service and disposal. When integrated, CAD and PLM systems streamline workflows, enhance collaboration, and ensure that all stakeholders have access to up-to-date product information.

Market Dynamics

Several factors are contributing to the robust growth of the CAD and PLM software market:

1. Digital Transformation: Industries are increasingly adopting digital tools to enhance productivity and innovation. CAD and PLM software play a pivotal role in this transformation by enabling seamless design processes and efficient product lifecycle management.

2. Cloud-Based Solutions: The shift towards cloud computing has made CAD and PLM solutions more accessible and scalable. Cloud-based platforms offer flexibility, reduce IT infrastructure costs, and facilitate real-time collaboration among geographically dispersed teams.

3. Integration of Advanced Technologies: The incorporation of technologies such as Artificial Intelligence (AI), Machine Learning (ML), and the Internet of Things (IoT) into CAD and PLM systems is enhancing their capabilities. These integrations allow for predictive analytics, automation of routine tasks, and improved decision-making processes.

4. Industry-Specific Applications: Various industries, including automotive, aerospace, electronics, and manufacturing, are leveraging CAD and PLM software to meet their specific needs. For instance, the automotive industry utilizes these tools for design validation, simulation, and compliance with regulatory standards.

Regional Insights

North America currently holds the largest share of the CAD and PLM software market, accounting for 33.22% in 2022. The region's dominance is attributed to the presence of major software vendors, a strong manufacturing base, and early adoption of advanced technologies. Europe and Asia-Pacific are also significant markets, with Asia-Pacific expected to witness the highest growth rate due to rapid industrialization and infrastructure development in countries like China, India, and Japan.

Challenges and Opportunities

Despite the promising growth, the CAD and PLM software market faces certain challenges:

High Implementation Costs: The initial investment required for deploying CAD and PLM systems can be substantial, particularly for small and medium-sized enterprises (SMEs).

Complexity in Integration: Integrating new software with existing systems and processes can be complex and time-consuming.

Data Security Concerns: Storing sensitive product data on cloud platforms raises security and privacy issues that need to be addressed.

However, these challenges also present opportunities for vendors to innovate and offer solutions that are cost-effective, user-friendly, and secure. The increasing demand for customized solutions tailored to specific industry needs further opens avenues for growth.

Conclusion

The CAD and PLM software market is poised for substantial growth, driven by technological advancements and the increasing need for efficient product development processes. As industries continue to embrace digital transformation, the demand for integrated CAD and PLM solutions is expected to rise, offering significant opportunities for vendors and users alike. For more detailed insights and forecasts, refer to the full report by Fortune Business Insights

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2024

Estimated Year 2025

Forecast Period 2025-2032

Historical Period 2019-2023

Growth Rate CAGR of 8.0% from 2025 to 2032

Unit Value (USD Billion)

Segmentation By Deployment, Industry, and Region

By Deployment On-premise

Cloud

By Industry Discrete Industries

Automotive

Electronics

Heavy Manufacturing

Others (Aerospace and Defense, High Tech, Others)

Process Industries

Oil and Gas

Chemicals

Healthcare

Others (Pharmaceuticals, Petroleum, Others)

By Region North America (By Deployment, By Industry, and By Country)

U.S.

Canada

Mexico

South America (By Deployment, By Industry, and By Country)

Brazil

Argentina

Rest of South America

Europe (By Deployment, By Industry, and By Country)

U.K.

Germany

France

Italy

Spain

Russia

Benelux

Nordics

Rest of Europe

Middle East & Africa (By Deployment, By Industry, and By Country)

Turkey

Israel

GCC

North Africa

South Africa

Rest of the Middle East & Africa

Asia Pacific (By Deployment, By Industry, and By Country)

China

India

Japan

South Korea

ASEAN

Oceania

Rest of Asia Pacific

Please Note:

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Table of Contents

150 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global CAD and PLM Software Key Players Market Share/Ranking, 2024
5. Global CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Deployment (USD)
5.2.1. Cloud
5.2.2. On-Premises
5.3. By Industry (USD)
5.3.1. Discrete Industries
5.3.1.1. Automotive
5.3.1.2. Electronics
5.3.1.3. Heavy Manufacturing
5.3.1.4. Others (Aerospace and Defence, High tech, others)
5.3.2. Process Industries
5.3.2.1. Oil and Gas
5.3.2.2. Chemicals
5.3.2.3. Healthcare
5.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
5.4. By Region (USD)
5.4.1. North America
5.4.2. South America
5.4.3. Europe
5.4.4. Middle East & Africa
5.4.5. Asia Pacific
6. North America CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Deployment (USD)
6.2.1. Cloud
6.2.2. On-Premises
6.3. By Industry (USD)
6.3.1. Discrete Industries
6.3.1.1. Automotive
6.3.1.2. Electronics
6.3.1.3. Heavy Manufacturing
6.3.1.4. Others (Aerospace and Defence, High tech, others)
6.3.2. Process Industries
6.3.2.1. Oil and Gas
6.3.2.2. Chemicals
6.3.2.3. Healthcare
6.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
6.4. By Country (USD)
6.4.1. U.S.
6.4.2. Canada
6.4.3. Mexico
7. South America CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Deployment (USD)
7.2.1. Cloud
7.2.2. On-Premises
7.3. By Industry (USD)
7.3.1. Discrete Industries
7.3.1.1. Automotive
7.3.1.2. Electronics
7.3.1.3. Heavy Manufacturing
7.3.1.4. Others (Aerospace and Defence, High tech, others)
7.3.2. Process Industries
7.3.2.1. Oil and Gas
7.3.2.2. Chemicals
7.3.2.3. Healthcare
7.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
7.4. By Country (USD)
7.4.1. Brazil
7.4.2. Argentina
7.4.3. Rest of South America
8. Europe CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Deployment (USD)
8.2.1. Cloud
8.2.2. On-Premises
8.3. By Industry (USD)
8.3.1. Discrete Industries
8.3.1.1. Automotive
8.3.1.2. Electronics
8.3.1.3. Heavy Manufacturing
8.3.1.4. Others (Aerospace and Defence, High tech, others)
8.3.2. Process Industries
8.3.2.1. Oil and Gas
8.3.2.2. Chemicals
8.3.2.3. Healthcare
8.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
8.4. By Country (USD)
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Italy
8.4.5. Spain
8.4.6. Russia
8.4.7. Benelux
8.4.8. Nordics
8.4.9. Rest of Europe
9. Middle East & Africa CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Deployment (USD)
9.2.1. Cloud
9.2.2. On-Premises
9.3. By Industry (USD)
9.3.1. Discrete Industries
9.3.1.1. Automotive
9.3.1.2. Electronics
9.3.1.3. Heavy Manufacturing
9.3.1.4. Others (Aerospace and Defence, High tech, others)
9.3.2. Process Industries
9.3.2.1. Oil and Gas
9.3.2.2. Chemicals
9.3.2.3. Healthcare
9.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
9.4. By Country (USD)
9.4.1. Turkey
9.4.2. Israel
9.4.3. GCC
9.4.4. North Africa
9.4.5. South Africa
9.4.6. Rest of MEA
10. Asia Pacific CAD and PLM Software Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Deployment (USD)
10.2.1. Cloud
10.2.2. On-Premises
10.3. By Industry (USD)
10.3.1. Discrete Industries
10.3.1.1. Automotive
10.3.1.2. Electronics
10.3.1.3. Heavy Manufacturing
10.3.1.4. Others (Aerospace and Defence, High tech, others)
10.3.2. Process Industries
10.3.2.1. Oil and Gas
10.3.2.2. Chemicals
10.3.2.3. Healthcare
10.3.2.4. Others (Pharmaceuticals, Petroleum, Others)
10.4. By Country (USD)
10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. South Korea
10.4.5. ASEAN
10.4.6. Oceania
10.4.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. SAP SE
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Autodesk Inc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Dassault Systemes
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. PTC Inc.
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Oracle Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Siemens AG
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Infor Inc.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Aras Corporation
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Propel Software Solutions Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.9.3. Recent Developments
11.10. Durolabs
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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