About 3D CAD
CAD is a tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by a number of industries such as automotive, aerospace and defense, industrial machinery, and electrical and electronics. These solutions enable the end-users to prototype their products digitally before starting their production. They also help engineers, architects, and other design professionals draft industry-specific products that enhance the overall product development.
Technavio’s analysts forecast the 3D CAD market in Eastern Europe to grow at a CAGR of 7.25% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the 3D CAD market in Eastern Europe for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of 3D CAD software licenses and services.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – 3D CAD Market in Eastern Europe 2017-2021
Technavio recognizes the following companies as the key players in the 3D CAD market in Eastern Europe: Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software.
Other prominent vendors in the market are: 3D Systems, BobCAD-CAM, Cadonix, CAXA, Graebert, Gstarsoft, IronCAD, OnShape, Robert McNeel & Associates, Schott Systeme, Tebis Technische Informationssysteme, TurboCAD, YFCAD, and ZWSoft.
Commenting on the report, an analyst from Technavio’s team said: “One of latest trends in the market is developments in CAD modeling. Modeling is a set of rules that helps during computer modeling of 3D solids. The two types of modeling used in CAD are parametric modeling and direct modeling. Parametric modeling uses parameters, such as dimensions, the density of the material, and data related to the material surface, to define a particular model. The dimension-control capabilities and feature-defining properties make parametric modeling the number one choice for a number of designers. Direct modeling allows the designer to get direct access to the geometry of the product, allowing complete manipulation and editing with least concerns about features and dimensions.”
According to the report, one of the primary drivers in the market is involvement of inspection agencies in product development. The need to develop and manufacture the product in accordance with a number of regulatory bodies worldwide has led to the emergence of inspection agencies to examine the entire product development and manufacturing process. Globally, companies hired inspection agencies such as Lloyd's Register to provide inspection services for their product development. Lloyd's Register performs inspections based on the regulations set according to the country. For instance, Machinery Directive 2006/42/EC has been imposed in Europe to develop industrial machinery in 2006. Later, this was amended in 2009 by Directive 2009/127/EC, which is still in use as of 2015. Lloyd's Register assignment includes turbomachinery design verification, machinery vibration problem troubleshooting, and analyzing rotatory equipment machine dynamics, machine structure, and vibration. This has led to industrial machinery manufacturers to develop quality products with the adoption of CAD. With more stringent rules and regulations for the development of new products, the adoption of CAD in product development processes has become a must. These rules and regulations have indirectly contributed to an increase in the adoption of CAD in Eastern Europe.
Further, the report states that one major challenge in the market is shift toward 4D CAD. End-users are gradually shifting from 3D to 4D CAD models. Following globalization, competition among CAD solution vendors has increased, and the lack of product differentiation is only adding to the battle for the maximum market share. Vendors are incorporating additional features and functionalities in their solutions to improve customer experience. CAD providers are developing 4D CAD solutions for enhanced operational performance and better project execution strategies in order to improve the constructability and sequencing of construction schedules using granular level information. These kinds of solutions facilitate effective management of resources while adhering to project schedules.
Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, 3D Systems, BobCAD-CAM, Cadonix, CAXA, Graebert, Gstarsoft, IronCAD, OnShape, Robert McNeel & Associates, Schott Systeme, Tebis Technische Informationssysteme, TurboCAD, YFCAD, ZWSoft.
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