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Global CAD Market in Aerospace and Defense Industry 2016-2020

About CAD Market in Aerospace and Defense Industry

CAD is a software tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by several industries such as the automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions allow end-users to develop prototypes of their products digitally before the start of the production. They also help engineers, architects, and design professionals to draft industry-specific products that enhance the overall product development.

Technavio’s analysts forecast the global CAD market in aerospace and defense industry to grow at a CAGR of 6.13% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global CAD market in aerospace and defense industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the report considers the revenue generated from the sales of cad software licenses and services.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CAD Market in Aerospace and Defense Industry 2016-2020, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Autodesk
  • Dassault Systèmes
  • PTC
  • Siemens PLM Software
Other prominent vendors
  • BricsCAD
  • Encore
  • Graebert
  • RealCAD
  • Solvespace
  • TurboCAD
Market driver
  • Growth of R&D in SMEs in aerospace and defense industry
  • For a full, detailed list, view our report
Market challenge
  • High cost of CAD software
  • For a full, detailed list, view our report
Market trend
  • Developments in CAD modeling
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global CAD Market in Aerospace and Defense Industry

Technavio recognizes the following companies as the key players in the global CAD market in aerospace and defense industry: Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software.

Other Prominent Vendors in the market are: BricsCAD, Encore, Graebert, RealCAD, Solvespace, and TurboCAD.

Commenting on the report, an analyst from Technavio’s team said: “End-users, especially the aerospace and defense industry, are gradually shifting from 3-D to 4-D CAD models. Globalization has increased the competition among CAD solution vendors, and the lack of product differentiation is further intensifying the competition for maximum market share. Vendors are incorporating additional features and functionalities in their solutions to improve customer experience.”

According to the report, the growing need for providing quality products at a faster rate has led to an increase in demand for CAD software. CAD software helps improve the time-to-market by reducing the product development cycle and testing time. The software also improves the speed of the product design cycle and produces reliable and cost-effective products by reducing the analysis time. It eliminates the need to develop multiple prototypes.

Further, the report states that many SMEs are struggling to adopt CAD software, as it requires high initial investment. SMEs prefer cost-effective CAD software from open-source communities or local vendors, rather than investing large amounts of money in commercial CAD. Though large enterprises adopt CAD to reduce their operational costs and improve product quality, many SMEs are reluctant to adopt CAD software because of the high costs involved.

Companies Mentioned

Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, BricsCAD, Encore, Graebert, RealCAD, Solvespace, TurboCAD.

  • Executive summary
    • Highlights
  • Scope of the report
    • CAD
    • Market overview
      • Table Global CAD market in aerospace and defense industry: Overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • PLM overview
    • Table Overview of PLM
    • Table Benefits of PLM
    • Table Overview of PLM tools
  • Role of PLM in product development
    • Table Role of PLM in product development
  • Market landscape
    • Market size and forecast
      • Table Jet fuel price and crude oil price from August 2014 to August 2016 ($ per barrel)
      • Table Global CAD market in aerospace and defense industry 2015-2020 ($ billions)
      • Table CAD software used by major companies in aerospace and defense industry
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Overview
      • Table Global CAD market in aerospace and defense industry 2015
      • Table Geographic segments and their CAGR from 2015 to 2020
      • Table Geographic segments and their market size in 2015 and 2020 ($ millions)
    • EMEA
      • Table CAD market in aerospace and defense industry in EMEA 2015-2020 ($ millions)
      • Table CAD market in aerospace and defense industry in EMEA 2015
    • APAC
      • Table CAD market in aerospace and defense industry in APAC 2015-2020 ($ millions)
    • Americas
      • Table 2015 ($ millions for Lockheed Martin and Northrop Grumman and $ billions for Boeing)
      • Table CAD market in the aerospace and defense industry in Americas 2015-2020 ($ millions)
  • Buying criteria
    • Buying criteria of CAD software in aerospace and defense industry
      • Table Cost of AutoCAD and AutoCAD LT
  • Market drivers
    • Growth of R&D in SMEs in aerospace and defense industry
      • Table Major SMEs in aerospace and defense industry
    • Growing need to provide quality products at faster rate
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost of CAD software
      • Table Cost of CAD software
    • High cost of training
    • High cost of switching
    • High cost of implementation
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Developments in CAD modeling
      • Table Three areas of synchronization while using synchronous technology
      • Table Synchronous technology in Siemens PLM Software
    • Shift from perpetual license model to subscription model
    • Shift toward 4-D CAD
  • Vendor landscape
    • Competitive scenario
      • Table Current and possible future plans for major players in CAD market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor profiles
    • Autodesk
      • Table Autodesk: Business/product segmentation 2015 (% share)
      • Table Autodesk: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Autodesk: Geographical segmentation by revenue 2015 (% share)
      • Table Strategies followed by Autodesk
      • Table Recent developments
    • Dassault Systèmes
      • Table Revenue generated by Dassault Systèmes 2013-2015 ($ billions)
      • Table Strategies of Dassault Systèmes
      • Table Recent developments
    • PTC
      • Table Revenue generated by PTC 2014 and 2015 ($ billions)
      • Table Revenue generation split 2015 (% share)
      • Table PTC: Acquisition strategy
      • Table Recent developments
    • Siemens PLM Software
      • Table Major release version history of some of the NX versions
      • Table Major release version history of some of the Solid Edge versions
      • Table Major developments in 2015 and 2016
      • Table Expansion strategy: Siemens PLM
      • Table Expansion strategy in terms of end-user
      • Table Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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