Computer-Aided Design (CAD) Software Market
The global computer-aided design (CAD) software market is growing at a significant
rate. The increased use of CAD software in the automotive and manufacturing
industries is one of the factors driving the global growth of CAD software.
On the basis of the technology, in 2019, 3D CAD produced more revenue than 2D
CAD in the global CAD software industry, and it is expected to continue to be the
leading technology during the forecast period.
On the basis of Model, because of the increased emphasis on precise design and
skilled product prototyping, solid model contributed the most revenue to the global
CAD industry, and it is also expected to rise the fastest during the forecast period.
Of all applications, in the global CAD software industry, the automotive application
produces the most revenue.
Due to increased investment in R&D by car manufacturers in order to compete in the
market, CAD software has piqued the attention of designers looking to create less
fragile automotive products.
The high cost of advanced CAD software is another major factor limiting the CAD
software market's growth.
Because of the surge in the adoption of CAD software in the healthcare industry to
provide better health services to people, Asia-Pacific is expected to expand at the
fastest pace during the forecast period.
Dassault Systèmes SE, Autodesk Inc., Bentley Systems Inc., PTC Inc., Trimble Inc.,
Gstarsoft Co. Ltd., Hexagon AB, AVEVA Group plc., and Trimble Inc. are some of
the major players in the global CAD software industry.
Source: VynZ Research
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