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Drafting Services Market Analysis, Trends, Growth, Research And Forecast 2033
Drafting Services Market
The Business Research Company's Drafting Services Global Market Report 2024 identifies the growing demand for computer-aided design (CAD) services as the major driver for the drafting services market's growth in the forecast period.Computer-aided design (CAD) includes the design and drafting of objects, goods, or structures using computer technology. Owing to the tremendous benefits that CAD provides to real estate developers, architects, interior designers, and consumers, CAD outsourcing has proven particularly relevant in the sector of architecture and building design. For instance, in 2021, Autodesk, an American-based software company, revealed that the company's revenue for AutoCAD, and AutoCAD LT products grew by 16% compared to 2020. Therefore, the growing demand for CAD services drives the growth of the drafting services market.
The drafting services market size has grown strongly in recent years. It will grow from $5.65 billion in 2023 to $5.95 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to architectural and engineering projects, manufacturing and product design, construction and building codes, technical documentation, cad technology.
The drafting services market size is expected to see strong growth in the next few years. It will grow to $7.26 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to infrastructure development, green building and sustainability, revit and bim integration, digital twin technology, industry 4.0. Major trends in the forecast period include digital transformation, bim (building information modeling), automation and ai, sustainability and green design, 3d printing and prototyping .
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Major competitors in the drafting services market areVegacadd LLC, Creative Drafting Inc., Tier 1 Utility Design Inc., VIATechnik LLC, Curtainwall Design Consulting Inc., CFI Engineering Inc., Aedas Limited, MatkinHoover Engineering & Surveying LLC, Duenas Camacho & Associates Inc., Gray Design Group Inc., DP Architects Pte Ltd., Jacobs Engineering Group Inc., CallisonRTKL Inc., Coates Design Architects PS, SGDI - Sarah Gallop Design Inc., Crosby Creations Drafting & Design Services LLC, Jeannette Architects Inc., uFathom Inc., Astcad Design & Drafting Services, Alpha CAD Service Inc., CAD International Ltd., Australian Drafting & Design Pty Ltd., iCadTec.com, Yurich Design Services Inc., Gensler Architecture Engineering Construction Operations and Management Inc., Stantec Inc., Arup Associates Ltd., HOK Group Inc.
A key trend in the drafting services market includes technological advancement. Major companies operating in the drafting services market are increasing their focus on introducing cloud-based building information modeling (BIM) platforms such as QeBIM to gain a competitive edge in the market. Cloud-based BIM platforms are software tools that allow architects and engineers to collaborate on building design and construction projects in real-time. For instance, in September 2022, QeCAD, a US-based architecture and planning company, launched its new BIM vertical called QeBIM, a cloud-based BIM platform that offers a comprehensive set of tools to create, manage, and collaborate on BIM projects. QeBIM is a powerful and versatile BIM platform that can be used to support all phases of a BIM project, from planning and design to construction and operation.
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The drafting services market is segmented -
• By Service Type: Mechanical Drafting Services, Site Drafting Services For Civil Engineering Projects, Structural Components Of Buildings Drafting Services, Architectural Drafting Services, Drafting Of As: Built Drawings, Drafting Consulting Services, Other Services
• By Provider: Large Enterprise, Small and Medium Enterprise
• By End-User: Education, Healthcare, Hospitality, Industrial, Residential, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the drafting services market.
The Business Research Company's "Global Drafting Services Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Drafting Services Market Include:
1. Executive Summary
2. Drafting Services Market Characteristics
3. Drafting Services Market Trends And Strategies
4. Drafting Services Market - Macro Economic Scenario
5. Global Drafting Services Market Size and Growth
……
31. Global Drafting Services Market Competitive Benchmarking
32. Global Drafting Services Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Drafting Services Market
34. Drafting Services Market Future Outlook and Potential Analysis
35. Appendix
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