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Table of Contents
CAD is computer-aided design software which uses computer technology for design and design documentation. CAD software is widely used by designers and engineers to create two-dimensional and three-dimensional models of physical components. CAD software is primarily used to assist architects, engineers, designers, and mapping professionals to build models and drawings throughout design, construction, and operation of buildings, bridges, roads, factories, processing plants, rail networks, mines, substations, tunnels, water and wastewater plants, and more. CAD software replaces the traditional manual drafting approach to engineering and design with an automated process.
Increasing demand for CAD software in oil & gas, chemical, pulp & paper, food, pharma, petrochemical, power /energy, automotive, packaging, and medical verticals are the major factors driving the market growth. Advancements in technology with growing focus to develop error-free products and complex structure prototyping also boosting this market. High cost of CAD software results in increasing availability of open-source and free version of CAD software to reach out to large customers is one of the major challenges impacting the growth of CAD software market. The growing trend toward rolling out free and open-source CAD software may obstruct the growth of the 3D CAD market.
During the forecast period, the CAD software market is expected to witness the fastest growth in Asia Pacific due to increasing digitalization, advancements in technology, growth in the manufacturing industry, and increasing adoption of advanced rendering and simulation tools by designers will support the CAD software market growth. High adoption of CAD software across the region for the development of advanced medical devices and diagnostic tools along with rapid technological advancements in building infrastructure and growing demand for precision modeling techniques in industrial machinery especially in technologically inclined countries such as China, Japan, and India.
CAD Software Market : Product Type
CAD Software Market : Application
Global CAD Software Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global CAD Software Market:
Geographical analysis of CAD Software Market :
Global CAD Software Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 11534.76 million |
Forecast Value (2031) |
USD 19012.46 million |
CAGR (2025-2030) |
7.4 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
CAD Software Market was valued at around USD 11534.76 million in 2023 & estimated to reach USD 19012.46 million by 2030.
CAD Software Market is likely to grow at Compound Annual Growth Rate (CAGR) of 7.4% between 2024 to 2030.
CAD Software Market is dominated by the 3 Dimensional CAD (3D CAD) segment and the North America region holds the highest market share in 2023.
Some of the top key players in the CAD Software Market are Intergraph, AVEVA, Bentley, Cadison, Autodesk, Merge Healthcare(IBM), 3Diemme, Amann Girrbach, Carestream Dental, Smart Optics Sensortechnik, Planmeca, Mis Implants Technologies, Sirona, Zfx, Mevis Medical Solutions AG.
Primary driving factors for the growth of the CAD Software Market include Increasing digitalization, advancements in technology, growth in the manufacturing industry, and increasing adoption of advanced rendering and simulation tools by designers.
Yes, the report includes COVID 19 impact on the market.
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