Computer-Aided Design Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR44392
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 Computer-Aided Design Market - 2021-2025

The projected valuation of the computer-aided design (CAD) market by 2025 is USD 3.28 billion. The growth momentum of the market is expected to accelerate at a CAGR of 6.41%, during 2021-2025. This research report elucidates the market drivers and trends that has been catalyzing the progress of existing market players. One of the key factors driving the computer-aided design market growth is the growing availability of subscription-based CAD software. View our sample report for insights on the latest drivers, trends, and challenges that will have a far-reaching effect on the market growth in the coming years.

Computer-Aided Design Market Size

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Computer-Aided Design Market Segments

Every aspect of business improvement planning depends on the understanding of current and potential target customers across segmentations. Our computer-aided design market analysis report extensively covers end-user (automotive, manufacturing, AEC, healthcare, and others) and geography (North America, Europe, APAC, MEA, and South America), wherein you will obtain insights on qualitative and quantitative data that can help in optimizing financial results. Get actionable insights on the computer-aided design market segments to recognize and seize financial opportunities

Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic computer-aided design market predictions on-demand changes for 2021-2025? You can buy the report now with one easy click.

Computer-Aided Design Market Vendors and Competitive Analysis

The CAD market size report discusses the current market structure in-depth and how it will shape up during the forecast period based on the entry and exit of market players. At present, the computer-aided design market is fragmented and the vendors are deploying growth strategies such as expanding their portfolios to gain a competitive advantage. Take a look at our sample report to get an idea of the well-thought-out business planning approaches of key players.

The computer-aided design market share report highlights the repercussions of the effects of the pandemic across regions and segments, and the entire value chain. To make the most of the emerging opportunities and recover from adverse COVID-19 shock, the market vendors should focus more on leveraging change in consumer behavior and growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full computer-aided design market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Computer-Aided Design Market Vendors

Computer-Aided Design Market - Region Opportunities 2021-2025

41% of the computer-aided design market growth will originate from APAC during the forecast period. China and Japan are the key markets for computer-aided design in APAC. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Computer-Aided Design Market Share by Geography

APAC has been exhibiting a significant growth rate for computer-aided design market vendors. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The computer-aided design market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Computer-Aided Design Market Insights by End-user

Computer-Aided Design Market Share by End-user

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The computer-aided design market share growth by the automotive segment will be significant during the forecast period. Automobile companies have commonly been employing more than one CAD software and third-party plug-ins to be able to use different features of the various software and test their designs for quality assurance. These players use CAD for the designing, development, manufacturing, marketing, and selling of their vehicles. This report provides an accurate prediction of the contribution of all the segments to the growth of the CAD market size.

From the computer-aided design market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Computer-Aided Design Market Drivers & Trends

Even if the success rate of a business is higher, every factor, including challenges, influencing any market growth needs to be considered to mitigate potential risks at an earlier development stage. One of the key factors impeding the CAD market growth is the increasing availability of open-source and free versions of CAD software. Purchase our express report to get exhaustive insights on the key industry trends, drivers, and challenges, which will help companies evaluate and build growth strategies.

The growing availability of subscription-based CAD software will fuel the growth of the computer-aided design market size. Recently, the market has shifted from the license-based to the subscription-based model. The high ROI on subscription will encourage CAD vendors to gradually reduce the sales of perpetual CAD licenses before finally discarding them. Since the SMEs are also able to invest in CAD, this current scenario is a growth driver for the market in focus. CAD subscription-based offerings are eliminating the continuous use of traditional 2D CAD software among users and encouraging 3D CAD software use. Furthermore, through the subscription-based model, CAD vendors are redesigning the available products to provide customers with customized offerings and redefine their sales strategy to attract more organizations and professionals to use the software. 

This CAD market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

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Computer-Aided Design Market Report Outlook

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive computer-aided design market growth during the next five years
  • Precise estimation of the computer-aided design market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the computer-aided design market across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of computer-aided design market vendors

Buy the Computer-Aided Design Market report now to reimage your business strategies!

 

Computer-Aided Design Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 3.28 billion

Market structure

Fragmented

YoY growth (%)

3.47

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

APAC at 41%

Key consumer countries

US, China, Germany, France, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Autodesk Inc., Bentley Systems Inc., Dassault Systemes SE, FUJIFILM Holdings Corp., General Electric Co., Hexagon AB, IMSI Design LLC, PTC Inc., Siemens AG, and Trimble Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The computer-aided design market growth will increase by $2538.08 million during 2019-2024.
The computer-aided design market is expected to grow at a CAGR of 5.03% during 2019-2024.
Technavio has segmented the computer-aided design market by end user (Automotive, Manufacturing, AEC, Healthcare, and Others) and geographic (North America, Europe, APAC, MEA, and South America).
Autodesk Inc., Bentley Systems Inc., Dassault Systemes SE, FUJIFILM Holdings Corp., General Electric Co., Hexagon AB, IMSI Design LLC, PTC Inc., Siemens AG, Trimble Inc. are a few of the key vendors in the computer-aided design market.
APAC will register the highest growth rate of 34.65% among the other regions. Therefore, the computer-aided design market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the computer-aided design market growth are:
  • Increasing demand for CAD for manufacturing products
  • End-users gradually shifting to 4D CAD
The computer-aided design market vendors should focus on grabbing business opportunities from the automotive segment as it accounted for the largest market share in the base year.
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