Press release
Global 3D Cad Market growth driving Due to Shift from 2D CAD to 3D CAD Technology
The 3D CAD market is set to reach $7.2 billion by 2022, growing at a CAGR of 4.9% between 2016-2022. The market is driven by factors, such as increasing product recalls in automotive industry, shift from 2D CAD to 3D CAD, and use of 3D CAD in packaging machinery. In terms of model, the 3D CAD market is segmented into wire-frame model, surface model, and solid model. Solid model was the largest contributor to the 3D CAD revenue in 2015, which also witnessed highest CAGR during 2012 – 2015. Growing demand for greater simulation, manipulation and modifications in designs is expected to drive the growth of solid model in near future.Explore Full Report Description At: https://www.psmarketresearch.com/market-analysis/3d-cad-market
In terms of application, the 3D CAD market is segmented into automotive, industrial machinery, defense, electrical & electronics, aerospace, healthcare, arts, and others. Automotive applications have been contributing largest revenue to the 3D CAD industry. Due to rapid increase in demand for more simulated, advanced and designer-friendly CAD solutions by automotive product designers, the automotive segment is expected to continue with its largest contribution to the market for 3D CAD, during the forecast period.
The Asia-Pacific market for 3D CAD was valued at $1.5 billion in 2015, and is projected to grow at a CAGR of 7.2% during the forecast period, to reach $2.6 billion by 2022. The Asia-Pacific 3D CAD market generated highest revenue from China in 2015. The rapid increase in gross domestic expenditure in the Chinese research and development (R&D) sector, and government plans to expand research and technology innovation system are some of the factors driving the Chinese 3D CAD industry. Increased adoption of rapid prototyping and tooling by designers in the Chinese product manufacturing industries, and development of cloud-based advanced CAD solutions is further expected to elevate the growth of this market.
Download Free Report Sample At: https://www.psmarketresearch.com/market-analysis/3d-cad-market/report-sample
Vendor such as Autodesk, a major design software solution provider, is dominating the 3D CAD market by offering unmatched CAD software services to its users. The company is also aggressively engaging itself in various acquisitions of small and medium design software providers, and entering into partnerships with institutes and software companies to roll out combined 3D CAD offerings in the market.
The 3D CAD market was consolidated in 2015, wherein the top five players accounted for around 85% of the market. The major companies operating in the 3D CAD industry include Autodesk, Inc., Bentley Systems Inc., Dassault Systèmes, PTC, 3D Systems Inc., Aveva Group Plc, and Hexagon.
About P&S Market Research
P&S Market Research is a global market research and consulting company. We provide market research reports, industry reports; business intelligence and research based consulting services across a range of industries.
With the help of our professional corporate relations with various companies, our market research offers the most accurate market forecasting. Our analysts and consultants interact with leading companies of the concerned domain to substantiate every single data presented in our publication. Our research assists our client in identifying new and different windows of opportunity and frame informed and customized strategies for expansion in different regions.
Contact:
P&S Market Research
347, 5th Ave. #1402
New York City, NY – 10016
Toll-free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global 3D Cad Market growth driving Due to Shift from 2D CAD to 3D CAD Technology here
News-ID: 1038653 • Views: …
More Releases from P&S Market Research
Smart Cities Market Size, Revenue, Technology, Competitive Analysis, Growth Driv …
The global smart cities market is growing at a CAGR above 20% during 2018 - 2023 and will reach $2578.0 billion by 2023. Due to significant growth in automation technologies such as internet of things (IoT) and adoption of cloud based technologies, the global smart cities market is gaining huge traction. In addition, effective city asset management for public welfare, substantial operational cost savings, and automated public data generation applications…
Global Sports Food Market Expected to Witness 9.2% CAGR During 2016 – 2022
The global sports food market is expected to grow at a CAGR of 9.2% in terms of value during 2016 - 2022. Among the various types, the energy bars segment accounted for the largest share (71.5%) in the global sports food market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-food-market/report-sample
The manufacturers are trying to bring about products with the best blend of taste and healthy ingredients. They have started to…
Sports Nutrition Market by Type, Distribution Channel, Region, Growth and Demand …
The global sports nutrition market is expected to grow at a CAGR of 8.4% in terms of value during 2016 - 2022. Among the various types, the sports drinks segment accounted for largest share (61.4%) in the global sports nutrition market in 2015.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/sports-nutrition-market/report-sample
The increasing health concerns, such as obesity and awareness of physical appearances among all consumers groups is driving the demand for sports…
Orthopedic Trauma Devices Market Supply Chain Trends Mapping the Latest Technolo …
The global orthopedic trauma devices market is growing due to the increasing frequency of fractures, along with the growth of aging population. The advantageous features posed by orthopedic trauma devices, such as internal and external fixators to set a fracture, and in repositioning of bone fragments into their normal alignment are also driving the growth of the market worldwide. Furthermore, the internal fixators have reduced the hospital stays, reduced the…
More Releases for CAD
Dental CAD/CAM Materials & Systems Market Growing At A CAGR Of 9.4% And To Targe …
CAD/CAM technology is used to design and manufacture different types of products, including dental prosthetics. It is used in digital dentistry to manufacture dental prosthetics such as crowns, crown lays, veneers, inlays & onlays, fixed bridges, dental implant restorations, dentures, orthodontics, and even full-mouth reconstruction. The use of CAD/CAM in dentistry is on a continuous rise, as it ensures sufficient strength of restorations, maintains natural appearance, and increases the accuracy…
CAD Data Exchange Software Market Research Report By 2026| CAD Exchanger, Elmoso …
Market Research Intellect published a new report, titled, "CAD Data Exchange Software Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.
Increase in awareness…
Engineering Software (CAD, CAM, CAE, AEC, & EDA) Market - The Growing Trend of M …
The world market for engineering software defines the usage of different software such as architecture, engineering, and construction (AEC) software, computer-aided manufacturing (CAM) software, computer-aided designing (CAD) software, computer-aided engineering (CAE) software, and electronic design automation (EDA) software. These software programmes are utilized across various engineering disciplines, such as mechanical engineering, electrical engineering, chemical engineering, electronics and communication engineering, and process engineering.
Obtain Report Details @ https://www.transparencymarketresearch.com/engineering-software-market.html
The world market for engineering…
Simply more fun with CAD
Cambridge, UK and Pittsford, NY – 4 March 2016:
The new R6 generation of MEDUSA4 is now available after extensive development work. The wide range of functions in the CAD software now offers even greater benefits and the new, ergonomic design simply makes more fun for users.
A new Generation
MEDUSA4 has always evolved on the basis of customer requests and their industry-specific requirements. A number of beta testers have been…
CDS CAD Download Solution Integrated in New Dorner CAD Configurator
Allows Users to Build Complete Conveyor Assemblies to Exact Specifications and Download CAD models
San Jose, CA, November 13, 2012. CDS (Catalog Data Solutions, Inc.), a leading provider of online product selection tools for industrial suppliers, today announced that Dorner Manufacturing Corporation has integrated the CDS ModelServer with their new CAD Configurator to enable creation and download of exact CAD models of custom conveyor assemblies.
Dorner designs, manufactures and integrates conveyor…
CAD Software Integrates with iPad
Beijing, China, August 11, 2011- GstarCAD, an industry leading 2D/3D CAD software provider is developing GstarCAD M, a plug-in running on iPad for the CAD users to view and edit dwg files on the mobile. With the advent of vehicles, variety delicious food as well as internet, etc., people's lives become more and more colorful. Now with iPad came into being, the applications running on it is inevitable, for the…
