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Global Computer-Aided Design Market 2017-2021

Global Computer-Aided Design Market 2017-2021

About CAD

CAD refers to a software tool used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by industries, such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. The solutions help end-users develop prototypes of products digitally before the production stage. They also help in the development of industry-specific products.

Technavio’s analysts forecast the global CAD market to grow at a CAGR of 10.16% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global CAD market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CAD Market 2017-2021, 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
  • Menhirs NV
  • Encore Software
  • Stratasys
  • Graebert
  • 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
  • Availability of CAD software from open source.
  • For a full, detailed list, view our report
Market trend
  • Shift from perpetual license model to subscription model.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 2017-2021

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

Other Prominent Vendors in the market are: Menhirs NV, Encore Software, Stratasys, Graebert, SolveSpace, and TurboCAD.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is shift toward 4D CAD. End-users are gradually shifting from 3D to 4D CAD models. Globalization has intensified the competition among CAD solution vendors. The absence of product differentiation adds to the battle for 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 improved project execution strategies to improve the constructability and sequencing of construction schedules using granular level information. These kinds of solutions facilitate the effective management of resources while adhering to project schedules.”

According to the report, one driver in market is high adoption of cloud-based CAD in APAC. The availability of cloud-based services has increased in APAC. Industries are focused on reducing PLM adoption costs, which gives rise to the popularity of cloud-based PLM software. Various PLM service providers are implementing the technology on the cloud. Wipro is providing cloud-based PLM services for the Siemens PLM Software, Teamcenter. Its cloud-based PLM services help electronics and semiconductor manufacturing companies deploy Teamcenter on the cloud. This deployment through infrastructure as a service (IaaS) helps end-users reduce upfront costs and total cost of ownership (TCO).

Further, the report states that one challenge in market is need for professional training and high cost of training. CAD software solutions involve advanced features, more functionalities, and compatible features. Since these are complex solutions, proper technical training is needed for their optimal utilization in any organization. Professionals also need adequate training to implement any upgrades in the existing system. The training and product costs of these solutions are very high. This often discourages companies from investing in CAD and instead compel them to opt for counterfeit or open source CAD software with a cost advantage.

Companies Mentioned

Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, Menhirs NV, Encore Software, Stratasys, Graebert, SolveSpace, TurboCAD.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • PLM overview
    • Table PLM Overview
    • Table Benefits of PLM
    • Role of PLM in product development process
      • Table Role of PLM in product development process
      • Table PLM Software used in the product development process
  • Market landscape
    • Table Global CAD market
    • Market size and forecast
      • Table Global CAD market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Table Global CAD market by end-users 2016
    • Table End-user segments and CAGRs (2016-2021)
    • Table Global CAD market by end-users 2016-2021
    • Automotive industry
      • Table Global CAD market in the automotive industry 2016-2021 ($ millions)
    • Aerospace and defense industry
      • Table CAD market in aerospace and defense industry 2016-2021 ($ millions)
      • Table CAD software used by major companies in the aerospace and defense industry
    • Industrial machinery industry
      • Table Product life cycle graph for heavy equipment manufacturers
      • Table Global CAD in industrial machinery industry 2016-2021 ($ millions)
    • Electrical and electronics industry
      • Table Factors shaping the electrical and electronics industry
      • Table Global CAD market in electrical and electronics industry 2016-2021 ($ millions)
    • Others
      • Table CAD market in others segment 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global CAD market by geography 2016
    • EMEA
      • Table CAD market in EMEA 2016-2021 ($ millions)
    • Americas
      • Table R&D investment by some major aerospace and defense companies in 2014 and 2015
      • Table CAD market in the Americas 2016-2021 ($ millions)
    • APAC
      • Table CAD market in APAC 2016-2021 ($ millions)
  • Market drivers
    • High adoption of cloud-based CAD in APAC
    • Growth of R&D in SMEs in aerospace and defense industry
      • Table Major SMEs in aerospace and defense industry
    • Critical role of CAD in packaging machineries
    • Rising demand for CAD from semiconductor industry
      • Table Major players in the semiconductor industry 1990-2015
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Need for professional training and high cost of training
    • Threat of piracy
    • High cost of implementation
    • Availability of CAD software from open source
      • Table Cost of CAD software
  • 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 4D CAD
    • Development of smart factories
      • Table Evolution of various industry standards
  • Vendor landscape
    • Top-vendor offerings
      • Table Product offerings
    • 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 Autodesk: Recent developments
    • Dassault Systèmes
      • Table Revenue generated by Dassault Systèmes 2013-2015 ($ billions)
      • Table Strategies of Dassault Systèmes
      • Table Dassault Systèmes: Recent developments
    • PTC
      • Table Revenue generated by PTC 2014 and 2015 ($ billions)
      • Table Revenue generation split 2015 (% share)
      • Table PTC: Acquisition strategy
      • Table PTC: 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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