Global CAD Market in the Apparel Industry 2016-2020

Outlook of the global CAD market in the apparel industry

Technavio’s market research analyst predicts the global CAD market in the apparel industry to grow steadily at a CAGR of around 5% during the forecast period. PLM software solutions, including CAD, provide virtual product designing and analysis capability. The ability of these solutions to maximize the economic benefits from the end user’s perspective will result in the strong growth of this market. The augmented need to reduce product development time is another major driver for the CAD market in the apparel industry.

The apparel industry requires high levels of customization, and this high demand for apparel customization has fueled the demand for CAD solutions across the industry. Initially, companies relied on mass production, which lead to cost reduction. This trend has changed with time and is being replaced by the mass customization concept, which is slowly traction among the companies. The capability of the CAD software to determine the cost of materials during the design stage will result in its increased adoption during the forecast period.

Geographical segmentation of the CAD market in the apparel industry

• Americas
• APAC
• EMEA

The Americas will be the largest market for CAD in the apparel industry and will grow at a CAGR of more than 4% during the forecast period. The Americas accounted for a major part of the total market revenue due to the presence of many fashion houses and garment factory units in the US. Some of the companies in the Americas that use CAD solutions are La Moda in Brazil, Art Stone in the US, Astro in the US, and Jack Victor in Canada.

Competitive landscape and key vendors

The level of competition in this market is intense among the existing vendors and new entrants. The declining profit margins and market competition pose significant risks to the vendors' operations. The rising level of competition in this market is leading to consolidation, wherein smaller entities are being acquired by large players. The rapidly altering technological environment in this market is a major challenge that will make it imperative for vendors to distinguish their product and service offerings through a clear and unique value proposition.  

The leading vendors in the market are -

• Autodesk
• Browzwear
• Lectra

Other prominent vendors in the market include AllCAD, Arahne, Artext, Audaces, Bontex, CadCam Technology, C-Design, Fashion CAD, Gerber Technology, and Tricycle.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global CAD market in the apparel industry?
• What are the key market trends impacting the growth of the global CAD market in the apparel industry?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global CAD market in the apparel industry?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global CAD market in the apparel industry?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• CAD Market in the Automotive Sector in EMEA 2015-2019
• CAD Market in Aerospace and Defense in EMEA 2015-2019
• Running Apparel and Footwear Market in the US 2015-2019