The latest research report from the IMARC group, titled “3D CAD Software Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
The Global 3D CAD software market size reached a value of US$10.25 billion in 2021. Going forward, IMARC Group expects the market to reach a value of US$15.42 billion by 2027, growing at a CAGR of 6.70% over the period 2022-2027. Three-dimensional computer-aided design (3D CAD) is a technology used to create and modify the details of a product, part or assembly. It replaces manual drafting with an automated process. Engineers, product developers and designers use it to create functional and virtual prototypes of three-dimensional objects. It uses computer software to help create, manipulate, analyze or optimize a design. 3D CAD designs are typically used for digital animation applications or manufacturing and prototyping processes like 3D printing. CAD is used throughout the engineering process, from conceptual design and product layout, through analysis of assembly strength and dynamics, to defining component manufacturing methods. There are several companies these days that offer differentiated 3D CAD solutions for various industrial uses.
The COVID 19 pandemic has had a negative impact on the market. Different industries including manufacturing, automation, media and entertainment have had to halt their ongoing projects and in some cases terminate their future assignments, which has hampered the growth of the market. On the other hand, increasing mergers and acquisitions of major engineering companies and growing outsourcing have compelled small and medium enterprises to invest in digital simulation tools, thereby catalyzing the growth of the market globally.
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Important Attribute and Report Highlights:
- Detailed Global Market Share Analysis
- Market segmentation by deployment and application.
- Historical, current and projected market size in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for 3D CAD Software Market
- Strategies of key players and product offerings
The market is mainly driven by the growing demand for cloud technology. In this light, the increasing adoption of cloud-based deployment strategies by many organizations due to the various advantages offered by cloud technology, such as collaborative interface, ability to share designs with stakeholders, consistent data management and increased accessibility, is positive. influencing the market. Additionally, the growing use of computer-aided design in the automotive industry is contributing significantly to the market. Additionally, the increasing use of 3D CAD software technology in the packaging industry for various purposes, such as designing, packaging, canning and bottling of consumer goods, is propelling the market. In addition, 3D CAD is increasingly being implemented in the healthcare industry to facilitate the medical imaging process. This, along with the growing trend towards digitalization, increased focus on additive manufacturing, and rapid technological advancements are also driving the market.
Key Players Covered in the Global 3D CAD Software Market Research Report:
- Autodesk Inc.
- AVEVA Group plc
- Bentley Systems Incorporated
- Dassault Systemes SE
- Hexagon AB
- IronCAD LLC
- PTC Inc.
- SCHOTT SYSTEME GmbH
- Siemens AG
- Trimble Inc.
- ZWCAD Software Co.Ltd.
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Overview of the impact of COVID-19:
We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Key Market Segmentation:
Breakdown by deployment:
Breakdown by application:
- Architecture, Engineering and Construction (AEC)
- Health care
- Media and Entertainment
Breakdown by region:
- North America (USA, Canada)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Table of Contents of 3D CAD Software Market Research Report:
- Scope and methodology
- Global 3D CAD software market
- SWOT analysis
- Value chain analysis
- Price analysis
- Competitive landscape
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Who we are:
The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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