CAD Market in Italy 2015-2019
CAD is an effective and efficient tool for modelling and designing products and components with ease and accuracy. This solution helps engineers, architects, and other design professionals draft industry-specific products to enhance their product development. CAD solutions are widely adopted by industries such as automotive, aerospace and defense, industrial machinery, electrical and electronics, among others. These solutions enable end-users to digitally prototype their products before production.
Technavio's analysts forecast the CAD market in Italy will grow at a CAGR of 3.12% over the period 2014-2019.
Covered in this Report
Technavio's report, the CAD Market in Italy 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Italy; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors.
Technavio Announces the Publication of its Research Report – CAD Market in Italy 2015-2019
Technavio recognizes the following companies as the key players in the CAD Market in Italy: Autodesk, Dassault Systèmes, PTC and Siemens PLM Software
Other Prominent Vendors in the market are: ViaCAD, TurboCAD, Solvespace, RealCAD and BricsCAD
Commenting on the report, an analyst from Technavio’s team said: “PLM software solutions, including CAD, provide virtual product designing and analysis, thus maximizing the economic benefits from end-user's perspective. Every product undergoes a designing phase before the manufacturing phase, which consumes a lot of time and increases the product's time-to-market. Poor design leads to in-house rework and quality compromise. It also increases the MRO expenses. Inefficient product design not only affect the immediate customers, but also percolate through the entire supply chain, impacting adversely the OEMs and others involved in the market, leading to logistical bottlenecks.”
According to the report, high demand for product customization has fueled a concomitant rise in the demand for CAD solutions across industries. Initially, companies relied on mass production, which led to cost reductions. However, the trend has changed with time, and mass customization has started gaining traction eventually. Product customization also leads to the creation of a single bill for materials that can be used once or multiple times depending on the end-user's requirements. A customer-facing product configurator is used to generate BOM with the order itself. These details are passed through production units for manufacturing. CAD software plays a major role in determining the bill of materials at the design stage.
Further, the report states that software piracy is a key concern for both vendors and end-users of CAD software.
Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, ViaCAD, TurboCAD, Solvespace, RealCAD, BricsCAD