Press release
3D CAD Software Market Analysis 2024 -2033 | Global Size, Share, Growth and Trend Analysis
The Business Research Company offers in-depth market insights through 3D CAD Software Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The 3D CAD software market size has grown strongly in recent years. It will grow from $10.43 billion in 2023 to $11.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to globalization of design and manufacturing, growing complexity in product design, rise of simulation and analysis tools, increasing focus on product lifecycle management.
The 3D CAD software market size is expected to see strong growth in the next few years. It will grow to $14.24 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rapid growth in industries like automotive and healthcare, increased adoption of building information modeling (BIM), focus on sustainable design. Major trends in the forecast period include advancements in artificial intelligence (AI) and machine learning (ML), technological advancements, mobile CAD applications, open-Bim collaboration, parametric modeling advancements.
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Market Segmentation:
The 3D CAD software market covered in this report is segmented -
1) By Deployment Outlook: Cloud, On-premise
2) By Enterprise Size: Small Business, Midsize Enterprise, Large Enterprise
3) By Application: Automotive, Architecture, Healthcare, Manufacturing, Construction, Media And Entertainment, Engineering, Other Applications
Major Driver - Surge In Demand From Automotive Industry Is Anticipated To Propel The 3D CAD Software Market Growth
The increasing demand from the growing automotive industry is expected to drive the 3D CAD software market in the forecast period. CAD technology is applied in various ways during automotive engineering works and designing. It helps in prototyping and offers increased accuracy to reform work processes and to further develop their item plans for business development. In 2021, electric car sales doubled to 6.6 million from 3 million in 2020. Also, the manufacturing of cars in India grew to 30.82 lakh units in 2021, compared to 24.33 lakh units in 2020. Hence, the increasing demand for 3D CAD in the automotive manufacturing industry is expected to drive the 3D CAD software market growth.
Competitive Landscape:
Major companies operating in the 3D CAD software market report are Siemens PLM Software Inc., Oracle Corporation, Intergraph Corporation, Hexagon AB, Autodesk Inc., Trimble Inc., ANSYS Inc., Parametric Technology Corporation, Dassault Systèmes, Bentley Systems Inc., Nemetschek Group, ZWSOFT Co. Ltd., Altair Engineering Inc., 3D Systems Inc., Corel Corporation, ESI Group, Graebert GmbH., ActCAD LLC, Onshape Inc., IronCAD LLC., Kubotek Corporation, Cadonix Ltd., Bricsys NV, CAXA Technology Co. Ltd., Graphisoft SE, Schott Systeme GmbH, SolidWorks Corp., Cimatron Ltd., TurboCAD, Encore Software, Ashlar-Vellum, CAD Schroer GmbH, CADENAS GmbH, Tech Soft 3D, OPEN MIND Technologies AG, Dassault Systèmes SolidWorks Corp., 3D Systems Corporation
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Top Trend - Innovative 3D CAD Software Packages Shaping The Future Of 3D CAD Software Market
Major companies operating in the 3D CAD software market are concentrating their efforts on developing innovative solutions such as 3D CAD software packages. 3D CAD software packages, or Computer-Aided Design software, are comprehensive computer programs specifically designed for creating, modifying, and optimizing three-dimensional (3D) digital models of objects. For instance, in February 2021, Dassault Systèmes SE, a France-based software company announced the launch of two new software packages 'SOLIDWORKS for Makers' and 'SOLIDWORKS for Students'. SOLIDWORKS for Makers software is designed for digital design hobbyists aiming to craft and showcase their 3D projects to a broader audience. It offers access to SOLIDWORKS Professional, 3D Creator, and 3D Sculptor, this package delivers a comprehensive suite of specialized 3D design applications suitable for both engineering and artistic enthusiasts. SOLIDWORKS for Students aim is to enhance the employability of engineering and design students. This package includes SOLIDWORKS Student, 3D Designer Student, Collaborative Business Innovator, and Collaborative Industry Innovator, focusing on building essential skills for success in modern engineering and collaboration.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. 3D CAD Software Market Characteristics
3. 3D CAD Software Market Trends And Strategies
4. 3D CAD Software Market - Macro Economic Scenario
5. 3D CAD Software Market Size And Growth
…..
27. 3D CAD Software Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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