Expert Market Research’s new report titled “Global 3D CAD software market Report and Forecast 2022-2027′, gives an in-depth analysis of the global 3D CAD software market, assessing the market based on its segments such as deployment, application, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
- Forecast CAGR (2022-2027): 2%
Widespread adoption of CAD solutions by the packaging industry is propelling this market forward. Additionally, the growth of the market is aided by the continuous improvement in 3D technology and its application in the automotive sector. Market growth will likely be fueled by the transition from on-premises to cloud platforms, as well as changing consumer demands and preferences. The growing trend of integrating artificial intelligence (AI) into 3D CAD software has improved 3D modeling experiences, especially in terms of detecting and avoiding design flaws. Furthermore, the growth of the market is expected to be fueled by the increasing choice of customers for the implementation of customized solutions.
Improvements in 3D printing technologies are propelling the market forward as 3D printing requires the creation of a 3D model using CAD technology. Due to the availability of CAD solutions as an infrastructure as a service (IaaS), which enables end-use industries to minimize their total cost of installation and ownership, the cloud-based category is expected to develop at the fastest pace.
Industry definition and major segments
3D computer-aided design (or drafting), often known as 3D CAD software, is a design tool that uses computers to create models of goods and designs as they are developed. Almost all products on the market in the world are designed using 3D CAD software.
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On the basis of deployment, the market is split into:
On the basis of application, the industry can be segmented into:
- Health care
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The majority of companies are moving from 2D CAD software to 3D CAD software, simplifying complex design structures and providing alternatives for custom and standard designs. Differentiated 3D CAD solutions are available for a variety of industrial applications. Architectural and engineering firms, as well as industrial, automotive, healthcare, media and entertainment companies are increasingly using design solutions. The major players in the industry are collaborating with other specialized technology companies to provide their customers with an easier and more convenient designing platform, thereby increasing the 3D CAD software market over the forecast period.
The healthcare industry is expected to see widespread use of 3D CAD software. This expansion can be attributed to the increased use of CAD solutions in the healthcare sector, due to an increased awareness of early detection and the high occurrence of chronic and serious diseases.
Main market players
Major players in the market are Autodesk, Inc., Bentley Systems, Incorporated, Bricsys NV, Dassault Systemes, Graphisoft SE and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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