Technology

Global 3D CAD Market is Growing to Reach USD 10,885 Million By 2026

Facts and Factors has authored “3D CAD Market By Deployment Type (Cloud and On-premise), and By Application (Automotive, Aerospace, and Defense, Industrial Machinery, Electrical and Electronics, Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”.

Based on our analysis, the global 3D CAD market in 2019 was USD 6,831 Million and is anticipated to reach around USD 10,885 Million by 2026. Teh anticipated CAGR for teh 3D CAD market is around 7% from 2020 to 2026.

Teh CAD (computer-aided design) is software used by architects, drafters, artists, engineers, and others to create technical illustrations and precision drawings. CAD software can be used to create 2D drawings and 3D models. 2D CAD designs are commonly used for technical architecture and engineering, while 3D models are used for digital applications such as animation or in manufacturing and prototyping processes like 3D printing. CAD software finds its use or applications across various verticals to design products such as electronic circuit boards in computers and other devices.

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In other words, 3D CAD is a technology used for teh designing of teh technical documentation in an automated way that replaces teh traditional manual drafting process.

3D printers nowadays are seen more in industrial environments. In industrial setups, they help in producing end-use parts and speeding prototyping processes. Leading industries such as automotive, aerospace and defense, manufacturing and medical are installing 3D printers‘ desktop and industrial, capable of printing both metal and plastics in operations.

The 3D CAD software is also used in stress analysis, vehicle modeling, engine design, building modeling, and many more applications ranging from high-end car design to aircraft design and modeling to simple tool designing. Implying to all the above pointers, there are huge investments projected in the global 3D printing market which in turn will drive the growth of the 3D CAD software market.

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Further, the surging need for complex structure prototyping, precise designing, digitalization, and automation in the aerospace & defense, automotive, and manufacturing sectors is anticipated to drive the market in the future. Owing to the fact, dat opting for cloud-based designing enables companies to offers flexibility in designs and streamline workflows; major players such as General Motors Co. has migrated from on-premise type of solutions to cloud, as cloud-based solutions help in lowering overall IT spending by providing real-time work to resources dat are geographically distributed.

Teh global 3D CAD market is analyzed on teh basis of teh type of deployment and applications. Cloud-based deployment and on-premise deployment are teh two types of deployments used for teh 3D CAD software. In recent years, cloud-based 3D CAD solutions are growing compared to teh on-premise type of solutions. Further, on teh basis of teh application of these solutions 3D CAD market is analyzed into automotive, aerospace and defense, industrial machinery, electrical and electronics, and others (healthcare and media & entertainment).

Teh global 3D CAD market is analyzed into teh following regions namely, North America, Europe, Asia Pacific, Latin America, and teh Middle East and Africa. These regions are further analyzed for teh major countries in them respectively. Teh U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, and Argentina among others are teh major countries analyzed in teh report.

Some of the major players analyzed and profiled in the market study are Autodesk, Dassault Systems, Siemens PLM Software, Bentley Systems, Trimble Inc., PTC, Oracle, Hexagon PPM, Graphisoft SE, Schott Systeme GmbH, SelfCAD, IronCAD, and Hawk Ridge Systems among others.  

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This report segments the 3D CAD Market as follows:

Global 3D CAD Market: By Deployment Segment Analysis

  • Cloud-Based
  • On-Premise

Global 3D CAD Market: By Industry Verticals Segment Analysis

  • Automotive
  • Aerospace and Defense
  • Industrial Machinery
  • Electrical and Electronics
  • Others (Healthcare and Media & Entertainment)

Global 3D CAD Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Teh Middle East and Africa

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Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. Teh reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand teh changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always teh best. Our advanced research solutions has halped them in appropriate decision-making and guidance for strategies to expand their business.

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