3D CAD Software Market Size, Share and Trends Analysis Report

3D CAD Software Market

3D CAD software is the technology for technical and design documentation that replaces manual drafting with an automated process. The 3D CAD software is mainly used by engineers, architects, and other professionals to visualize and represent objects using a collection of points in three dimensions on the computer.

Based on deployment, the cloud-based deployment segment will dominate the market during the forecast period. The benefits provided by cloud deployment such as better collaboration, platform agnosticism, and greater flexibility are increasing the demand for the segment in the 3D CAD software market. For instance, the Fusion 360 3D CAD software that connects the entire product design development process in a single cloud-based platform makes the assembly easier for creating and editing the components.

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Based on applications, the automotive sector dominated the market in 2018 and is expected to show similar trends in the coming years. The increasing use of prototyping in the automotive sector in order to enhance the quality of actual production, is driving the need for 3D CAD software in the automotive industry. The leading automotive players such as Volkswagen AG., Honda Motor Co. Ltd., Toyota Motors Corporation, General Motors Company, and others have implemented 3D CAD software for manufacturing and designing their products.

Further, the architecture, engineering & construction (AEC) segment is growing at a rapid pace during the forecast period. The 3D CAD software enables AEC associates to save time and work more efficiently by improving their workflow, which in turn, is boosting the demand for the market.

Based on regions, North America dominated the market in 2018 and is expected to show similar trends in the coming years. The increasing demand for 3D CAD software by the construction industry is driving the growth of the market in the region. The U.S. is leading the North America market owing to a rise in government initiatives to implement digitalization in the manufacturing sector, which is increasing the need for 3D CAD software in the country.

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