Market Highlights: Computer-Aided Design is the use of computer software to design and document a product in the computer design process. This technology assists engineers and architects in producing large & complicated designs. It gives a detailed description of any component in a graphical format and assists in engineering. Computer-aided design (CAD) is used to accomplish preliminary design plus layouts, design details and calculations, creating various 2-D and 3-D models, creating and releasing drawings, as well as interfacing with analysis, manufacturing, marketing, and end-user personnel. As manufacturers have rapidly shifted from 2D into 3D CAD in today’s digital world, designers have surged the use of it to enhance designs and improve communication The market study is being classified by Type (ECAD (Electronic CAD) and MCAD (Mechanical CAD)) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Computer-Aided Design are Autodesk Inc. (United States), Bentley Systems Inc. (United States), Dassault Systèmes (France), Cadonix Ltd. (United Kingdom), Ptc Inc (United States), Gstarsoft Co. Ltd. (China), 3D Systems Corp. (United States), Aveva Group Plc (United Kingdom), Hexagon (Sweden) and Ironcad Llc (United States).
Major Market Development Highlights Hexagon announced to acquire Bricsys, a leading provider of the Bricsys Brics CAD platform solutions for AEC and MCAD markets. This acquisition is expected to strengthen the offerings of 3D CAD solutions to end-user industries Recently, ANSYS and PTC have announced a partnership at the sold-out LiveWorx 18 digital transformation conference to accelerate product innovation by providing customers with a world-class simulation-driven design solution
Key Questions Answered in the Report What will the Computer-Aided Design Market size and the growth rate be in Future? What are the key factors driving the Computer-Aided Design Market? What are the key market trends and macro-economic impacting the growth of the Computer-Aided Design Market? What are the challenges to market growth? Who are the key vendors in the Computer-Aided Design Market? What are the market opportunities and threats faced by the vendors in the Computer-Aided Design Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Computer-Aided Design Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Computer-Aided Design market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Computer-Aided Design market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Computer-Aided Design Industry Investors, Computer-Aided Design Providers/Vendors, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Research Institutes, Original Equipment Manufacturer, Component Supplier, Distributors, Government Body & Associations and End-user. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.