The exclusive research report on the Global Computer Aided Design Software Market 2019 examines the market in detail along with focusing on significant market dynamics for the key players operating in the market. Global Computer Aided Design Software Industry research report offers granulated yet in-depth analysis of revenue share, market segments, revenue estimates and various regions across the globe.
Global Computer Aided Design Software Market Overview:
The Worldwide Computer Aided Design (CAD) Software Market esteemed around USD 7932.8 Million in 2017 is estimated to develop with a healthy growth rate of over 7.7% during the forecast period 2018-2025.
According to the market report analysis, Computer Aided Design (CAD) Software replaces manual drafting with an automated process. The significant key factors expected to augment the markets include rising investments and espousal of 3D printing, growing adoption of cloud-based Computer Aided Design (CAD) solutions, the increasing penetration in the automotive & manufacturing sectors and growing focus on enhancing productivity by augmenting the design process.
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Rapid development in the adoption of virtual platform for growth of product in manufacturing Industries is deriving the consumption of computer aided design Software the Computer Aided Design (CAD) based designs are used in every stage of life cycle of a product. For e.g. design verification, concept verification and failure verification. The manufacturing Industries adopt the implementation of CAD Software in product development phase as it helps in improving the quality of the product and also the increasing use of CAD software by industries such as automotive, aerospace, industrial machinery electrical & electronics, pharmaceutical and healthcare for better results is also shows the growth of the Computer Aided Design (CAD) Software Market.
The Global Computer Aided Design Software Market is segmented on the basis of Type, End-Use Industry and Region. Based on the Type, the Global Computer Aided Design Software Market is sub-segmented into CATIA, SolidWorks, AutoCAD and others. On the basis of End-Use Industry, the Global Computer Aided Design Software Market is classified into Automobile, Aerospace and others.
In terms of the regional analysis, North America is the leading region across the world in terms of market share. North America Computer Aided Design (CAD) Software Market valued USD 2697.2 million is anticipated to reach USD 4291.1 million by 2025 growing at 6.0% CAGR during 2017-2025. North America market growth is primarily driven by the strong presence of prominent players in the region and early adoption across the end-user industries. However, owing to the strong growth in automotive and aerospace industries in countries like China, Japan and India, Asia Pacific region is expected to exhibit highest growth rate.
Latest Industry News:
1 Trimble (May 29, 2019) – Trimble Announces New Integration with SaferWatch for Enhanced Carrier Management Trimble announced that it has integrated its TMW.Suite transportation management solution with SaferWatch software, an online solution from Truckstop.com that provides carrier information and compliance monitoring. Now, TMW.Suite customers have the capability to more effectively manage sourcing and on-boarding of carriers with automated carrier selection rules, on-demand certificates of insurance, CSA-e percentile scores and other key data points to ensure users work with qualified carriers. TMW.Suite is one of Trimble's transportation management system (TMS) solutions, which enable transportation and logistics providers to better manage nearly every aspect of their business.
The new integration enables streamlined carrier approvals to help increase efficiency, decrease internal costs and scale for growth. In addition, the automated carrier selection rules will enable customers to better reduce the risk of on-boarding and working with carriers that do not comply with Federal Motor Carrier Safety Administration (FMCSA) regulations. This will help Trimble users ensure that their operations are up and running at all times without having to worry about being shut down.
"The integration between TMW.Suite and SaferWatch is meant for user ease-of-use while Trimble users look to work with new partners," said Jay Delaney, senior director, product management for Trimble's Transportation Division. "With SaferWatch's focus on staying up-to-date on FMCSA regulations and its insurance database, our customers can be confident that they are working with qualified carriers."
Top Leading Key Manufacturers are: Dassault Systems, Autodesk, PTC, Nanosoft, VariCAD, Cadonix Ltd., Caddie Software, Menhirs NV, Kubotek USA, Siemens Product Lifecycle Management Software Inc., Trimble and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Computer Aided Design Software in these regions, from 2013 to 2025 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America
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