CAD Market in Japan 2015-2019
Computer-aided design (CAD) is a software tool for modeling and designing products and components with ease and accuracy. The software package helps engineers, architects, and other design professionals to digitally prototype products prior to production, and draft industry-specific products. The automotive, aerospace and defense, industrial machinery, and electrical and electronics industries use CAD solutions. These solutions enable end-users to digitally prototype their products before production.
Technavio's analysts forecast the CAD market in Japan to grow at a CAGR of 5.7% over the period 2014-2019.
Covered in this Report
The CAD market in Japan can be segmented into two product segments: 3D CAD and 2D CAD.
Technavio's report, CAD Market in Japan 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – CAD Market in Japan 2015-2019
Technavio recognizes the following companies as the key players in the CAD market in Japan: Autodesk, Dassault Systèmes, PTC and Siemens PLM Software
Other Prominent Vendors in the market are: 3D Systems, AVEVA, Bentley System, Chuo Engineering, Hitachi Sunway Information Systems, IMSI/Design, Intergraph, IronCAD, Mentor Graphics, Oracle and Robert McNeel & Associates
Commenting on the report, an analyst from Technavio’s team said: “Technavio estimates that the US will continue to be the largest R&D spender during the forecast period. In 2014, the R&D expenditure by automobile manufacturers in the US amounted to $18.2 billion, and will likely grow moderately over the forecast period. Technavio estimates that China will remain the second largest R&D spender over the forecast period. However, China is likely to topple the US in terms of R&D investments after 2020.”
According to the report, large number of international as well as regional vendors operate in the market. Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software are the major vendors in the market. The companies have formulated a series of business stratagems to achieve consolidation and realize more revenue. For instance, Autodesk has setup three business strategies to boost its market in Japan and worldwide: Grow, transform, and expand. Dassault Systèmes, another key global player, uses M&A with local vendors as its strategy to increase its market share in Japan.
Further, the report states that limited presence of resellers is a major factor affecting the market growth.
Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, 3D Systems, AVEVA, Bentley System, Chuo Engineering, Hitachi Sunway Information Systems, IMSI/Design, Intergraph, IronCAD, Mentor Graphics, Oracle, Robert McNeel & Associates
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