Industry Background:
3D CAD is the use of computer software to design and document a product’s 3D 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 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.
This growth is primarily driven by Shift From 2D CAD To 3D CAD, Use Of 3D CAD In Packaging Machinery and Latest Technological Advancements.
Globally, a noticeable market trend is evident The Internet of Things Demands Design for Connectivity
. The Systems Software sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Autodesk Inc. (United States), Bentley Systems Inc. (United States), Dassault Systèmes (France), Gehry Technologies Inc. (United States), 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) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On Oct 27, 2018, 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. This collaboration will deliver ANSYS Discovery Live real-time simulation within PTC’s Creo 3D CAD software. This solution will offer customers a unified modeling and simulation environment, removing the limitations between CAD and simulation and empowering design engineers to gain insight into each of the numerous design choices they make throughout the product development process. This insight will enable design engineers to produce higher quality products while reducing product and development costs.
Market Drivers
- Shift From 2D CAD To 3D CAD
- Use Of 3D CAD In Packaging Machinery
- Latest Technological Advancements
Market Trend
- The Internet of Things Demands Design for Connectivity
- Simulation and Generative Design Improvements Benefit Designers
- Reality Capture and Augmented Reality Provide New Perspectives
Restraints
- Availability Of Free And Open-Source CAD Software
- High Cost Of 3D CAD
Opportunities
Demand For Mobile Access To 3D CAD, Cloud-Based CAD Service, Need For Advanced Real-Time Rendering and Increasing Use Of 3D Modeling
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, 3D CAD Study Sheds Light on
The 3D CAD Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the 3D CAD industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where 3D CAD industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.