Global Computer-aided Design Market in Electrical and Electronics Industry 2016-2020

Outlook of the global computer-aided design (CAD) market in the electrical and electronics industry

According to Technavio’s market research analyst, the global computer-aided design (CAD) market for the electrical and electronics market will experience moderate growth and post a CAGR of over 8% by 2020. The growing demand for CAD from the semiconductor industry is a key factor responsible for the strong growth of the CAD market growth during the forecast period. The semiconductor industry is one of the major contributors to the overall revenue of the CAD market. Factors such as the continuous decrease in the size of semiconductors and an increased scale of integration have compelled semiconductor manufacturing companies to use the available CAD technologies. Since these technologies help decrease the complexity and difficulties involved in the design of semiconductor chips, its demand among the end-users will increase substantially over the next few years.

The recent shift from the perpetual license model to the subscription model is a key CAD market trend that is also envisaged to aid in this market’s growth over the forecast period. It has been estimated that by the end of 2016, the global CAD market in the electrical and electronics industry will phase out the perpetual CAD licenses and shift toward periodic CAD subscription or licenses. The high ROI on subscription will encourage CAD vendors to reduce the sale of perpetual CAD licenses gradually. Another major reason for this shift is the benefits of the subscription model over the perpetual license model. The subscription model is simple and provides a better user experience for the customers.

Competitive landscape and key vendors

This market is highly competitive and is expected to witness the entry of numerous key vendors until the end of the forecast period. To cater to the needs of this industry, the vendors must be dynamic and highly flexible as the requirements from the end-user side varies to a great extent. Furthermore, trends such as IoT are also expected to drive the demand for new products, which require various configurations in CAD.

Top vendors analyzed in the CAD market study are -

• Cadence Design Systems
• Synopsis
• Mentor Graphics
• Siemens PLM Software
• Dassault Systèmes

Other prominent vendors mentioned in the CAD market analysis are 3D Systems, solidThinking, Altium, Autodesk, Cadonix, FreeCAD, Suzhou Gstarsoft, IronCAD, KiCad, Kubotek, Vectorworks, PTC, Zuken, and ZWSOFT.

Product-based segmentation and analysis of the CAD market in the electrical and electronics industry

• ECAD (Electronic CAD)
• MCAD (Mechanical CAD)

During 2015, the ECAD product segment dominated this market and accounted for the maximum market share. ECAD is a sub-segment of CAD software and is used for designing systems, which include electric and electronics components. It includes software that is used for designing component layout in PCBs. Most of the initial designing (initial layout) in ECAD is done using 2D-CAD drawings rather than 3D-CAD as it is a complicated process.

Segmentation by geography and analysis of the CAD market in the electrical and electronics industry

• Americas
• APAC
• EMEA

The APAC region dominated this market space during 2015 and is estimated to generate the highest revenues by the end of the forecast period. The electrical and electronics industry is growing at a rapid rate in APAC due to the increasing demand for semiconductor components, consumer durables, electronics goods, and high-technology products, especially in China, South Korea, India, and Japan.

 Key questions answered in the report include

• What will the CAD market size and the growth rate be in 2020?
• What are the key factors driving the global CAD market in the electrical and electronics industry?
• What are the key CAD market trends impacting the its growth in the electrical and electronics industry?
• What are the challenges to the CAD market growth?
• Who are the key vendors in the global CAD market in the electrical and electronics industry?
• What are the market opportunities and threats faced by the vendors in the global CAD market in the electrical and electronics industry?
• Trending factors influencing the CAD 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 electrical and electronics industry?

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

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