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Global Mechanical Computer-Aided Design Market 2016-2020

Global Mechanical Computer-Aided Design Market 2016-2020

About MCAD

MCAD software is widely used in product designing, design engineering, manufacturing, and distribution across industries. It helps reduce cost, improve product quality, protect the environment, attain design efficiency, and slash product development time. It can be on-premises as well as on the cloud. Onshape is a cloud MCAD provider.

Technavio’s analysts forecast the global mechanical computer-aided design (MCAD) market to grow at a CAGR of 7.46% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global mechanical computer-aided design (MCAD) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of MCAD software licenses and services.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Mechanical Computer-Aided Design (MCAD) Market 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
  • 3D Systems
  • Altair
  • Cadonix
  • FreeCAD
  • IronCAD
  • Kubotek
  • Nemetschek
  • Nanosoft
  • Caddie software
  • Menhirs
  • VariCAD
Market driver
  • Growing need to provide quality products at faster rate
  • For a full, detailed list, view our report
Market challenge
  • Availability of open-source MCAD software
  • For a full, detailed list, view our report
Market trend
  • High demand for cloud-based MCAD software
  • 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 Mechanical Computer-Aided Design (MCAD) Market 2016-2020



Technavio recognizes the following companies as the key players in the global mechanical computer-aided design (MCAD) market: Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software.

Other Prominent Vendors in the market are: 3D Systems, Altair, Cadonix, FreeCAD, IronCAD, Kubotek, Nemetschek, Nanosoft, Caddie software, Menhirs, and VariCAD.

Commenting on the report, an analyst from Technavio’s team said: “High demand for cloud-based MCAD software will be a key trend for market growth. The demand for cloud-based MCAD software solutions is increasing in the market due to advantages such as vast space for data storage, ease of access, flexibility, and security. SMEs prefer cloud-based MCAD software due to its cost-effective nature. The end-users are not required to pay the license cost as the software can be accessed through the cloud. By hosting MCAD software on the cloud, the end-users can significantly reduce their operating costs (server costs, maintenance costs, and physical storage costs) and improve the efficiency of the product development cycle.”

According to the report, one of the key drivers for market growth will be increased adoption of virtual product development environment. Organizations worldwide are increasingly adopting virtual product development environment. Virtual product models are created to perform optimization and testing procedures in a virtual environment, leading to cost and time savings. MCAD software is used to create virtual models. It is used throughout the product development lifecycle and at various stages of the design process, such as failure verification, design verification, and concept verification. This leads to the development of quality products in the market.

Further, the report states that organizations worldwide are increasingly adopting virtual product development environment. Virtual product models are created to perform optimization and testing procedures in a virtual environment, leading to cost and time savings. MCAD software is used to create virtual models. It is used throughout the product development lifecycle and at various stages of the design process, such as failure verification, design verification, and concept verification. This leads to the development of quality products in the market.

Companies Mentioned

Autodesk, Dassault Systèmes, PTC, Siemens PLM Software, 3D Systems, Altair, Cadonix, FreeCAD, IronCAD, Kubotek, Nemetschek, Nanosoft, Caddie software, Menhirs, and VariCAD.

  • Executive summary
    • Highlights
  • Scope of the report
    • About MCAD
      • Table CAD market structure
    • Market size calculation
    • Market overview
      • Table Global MCAD market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • PLM market overview
    • Table PLM software market overview
    • Table Benefits of PLM software
    • Role of PLM software in product development process
      • Table Role of PLM software in product development process
      • Table PLM software used in product development process
  • Market landscape
    • Market size and forecast
      • Table Global MCAD market ($ billions)
  • Market segmentation by end-user
    • Market overview
      • Table Global MCAD market by end-user 2015 (%)
      • Table Global MCAD market by end-user 2015 and 2020 ($ billions)
    • Industrial machinery
      • Table Global MCAD market by industrial machinery 2015-2020 ($ billions)
    • Automotive
      • Table Global MCAD market by automotive 2015-2020 ($ billions)
    • Electrical and electronics
      • Table Global MCAD market by electrical and electronics 2015-2020 ($ millions)
    • Aerospace and defense
      • Table Global MCAD market by aerospace and defense 2015-2020 ($ billions)
  • Geographical segmentation
    • Table Global MCAD market by geography 2015 (%)
    • Table Global MCAD market by geography 2015 and 2020 ($ billions)
    • APAC
      • Table MCAD market in APAC 2015-2020 ($ billions)
    • EMEA
      • Table MCAD market in EMEA 2015-2020 ($ billions)
    • Americas
      • Table MCAD market in Americas 2015-2020 ($ billions)
  • Buying criteria
    • Buying criteria of MCAD software
      • Table Influence of buying criteria on major end-users in global MCAD market
  • Market drivers
    • Growing demand for MCAD in aerospace and defense industry
    • Growing need to provide quality products at faster rate
    • Increased adoption of virtual product development environment
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of support and maintenance services from market vendors
    • Availability of open-source MCAD software
    • Software piracy
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Integration of ECAD and MCAD
      • Table Role of EDMD XML in incremental design changes between ECAD and MCAD
    • High demand for cloud-based MCAD software
    • Developments in CAD modeling
      • Table Three areas of synchronization with use of synchronous technology
      • Table Synchronous technology in Siemens PLM Software
  • Impact of trends
    • Table Impact of trends
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive scenario
  • Key vendor profiles
    • Autodesk
      • Table Autodesk: Business segmentation by revenue 2015 (%)
      • Table Autodesk: Business segmentation by revenue 2014 and 2015 ($ millions)
      • Table Autodesk: Geographical segmentation by revenue 2015
      • Table Recent developments
    • Dassault Systèmes
      • Table Dassault Systèmes: Revenue generation 2013-2015 ($ billions)
      • Table Dassault Systèmes: Revenue generated by software 2015
      • Table Strategies of Dassault Systèmes
      • Table Recent developments
      • Table Dassault Systèmes: Geographical segmentation by revenue 2015 (%)
    • PTC
      • Table PTC: Key CAD products
      • Table PTC: Revenue generation 2014 and 2015 ($ billions)
      • Table PTC: Revenue generation split 2015 (%)
      • Table PTC: Acquisition strategy
      • Table Recent developments
      • Table PTC: Geographical segmentation by revenue 2015 (%)
    • Siemens PLM Software
      • Table Siemens PLM Software: Expansion strategy
      • Table Expansion strategy in terms of end-user
      • Table Recent developments
    • Other prominent vendors
      • Table Other prominent vendors
      • Table Other smaller players in market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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