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Computer-Aided Design Market is anticipated to grow to USD 15.77 billion by 2032 | Data by Polaris Market Research

05-22-2024 02:16 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Computer Aided Design Market

Computer Aided Design Market

The latest market research report titled, "Computer-Aided Design Market by Component (Software, Services), Technology (3D Technology, 2D Technology), Application, Industry, Region - Global Forecast to 2032," offers a thorough analysis of the industry. It covers all the major industry aspects, including market share, size, growth drivers, top trends, and recent developments. Besides, regional analysis and segmental overview have been covered.

The global computer-aided design industry size was valued at USD 9.57 billion in 2023. The market is anticipated to grow to USD 15.77 billion by 2032, exhibiting a CAGR of 5.7% during the forecast period from 2024 to 2032.

๐‘ญ๐’๐’“ ๐’Ž๐’๐’“๐’† ๐’Š๐’๐’”๐’Š๐’ˆ๐’‰๐’•๐’” ๐’Š๐’๐’•๐’ ๐’•๐’‰๐’† ๐’Ž๐’‚๐’“๐’Œ๐’†๐’•, ๐’“๐’†๐’’๐’–๐’†๐’”๐’• ๐’‚ ๐’”๐’‚๐’Ž๐’‘๐’๐’† ๐’๐’‡ ๐’•๐’‰๐’Š๐’” ๐’“๐’†๐’‘๐’๐’“๐’•:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
Computer-aided design (CAD) refers to the use of computer-aided software to assist in the creation, modification, and analysis of design processes. Different types of engineers and designers use CAD to develop 2D or 3D models. Along with engineers and designers, the software is also used by drafters, fashion designers, interior designers, industrial designers, and manufacturers.

The software aims at enhancing productivity, improving the level of detail in design and streamlining the designer's workflow. The use of CAD software can have significant benefits for designers. Along with reducing production costs for designs, the software tool ensures quicker project completion and makes collaboration with other teams simple.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ€ข The market demand for computer-aided design software can be attributed to the rising need for designing software packages and widespread use in different end-use sectors.

โ€ข The usage of computer-aided design software provides a solution that's economical for manufacturing needs, owing to their simple use and enhanced performance over manual drafting.

๐‚๐จ๐ฆ๐ฉ๐ฎ๐ญ๐ž๐ซ ๐€๐ข๐๐ž๐ ๐„๐ง๐ ๐ข๐ง๐ž๐ž๐ซ๐ข๐ง๐  (๐‚๐€๐„) ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข Finite element analysis (FEA) has dominated the computer-aided engineering market because it simulates real components to investigate structural analysis, heat transfer, electromagnetic potential, and mass transport problems.

โ€ข The automotive industry emerged as the dominant segment in the market, accounting for a sizable portion of total market revenue. This dominance can be attributed to a number of factors, including rising demand for advanced vehicle design and simulation technologies, a growing emphasis on reducing product development time and costs, and the need to meet stringent safety and regulatory requirements.

โ€ข The North American region ruled the global computer-aided engineering (CAE) market in 2023, owing to the prominence of prominent sectors such as automotive, aerospace and defense, and industrial equipment, which are major users of CAE software and services.

๐‘ญ๐’“๐’๐’Ž ๐‘ซ๐’‚๐’•๐’‚ ๐’•๐’ ๐‘พ๐’Š๐’”๐’…๐’๐’Ž: ๐‘ป๐’“๐’‚๐’๐’”๐’‡๐’๐’“๐’Ž ๐’€๐’๐’–๐’“ ๐‘จ๐’‘๐’‘๐’“๐’๐’‚๐’„๐’‰ - ๐‘ฉ๐’–๐’š ๐’€๐’๐’–๐’“ ๐‘ช๐’๐’Ž๐’‘๐’๐’†๐’•๐’† ๐‘น๐’†๐’‘๐’๐’“๐’• ๐‘ป๐’๐’…๐’‚๐’š.

๐Œ๐š๐ฃ๐จ๐ซ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ:

The computer-aided design market has the presence of both major participants and new entrants. The key industry players use strategic developments to stay ahead of the curve. Among the major market players include:

โ€ข Altair Engineering Inc.
โ€ข Autodesk Inc.
โ€ข Bentley Systems
โ€ข Casio Computer Co. Ltd.
โ€ข Dassault Systemes
โ€ข ESI Group
โ€ข Exa Corporation
โ€ข Siemens AG
โ€ข SimuTech Group

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The market segmentation is primarily based on components, technology, application, industry, and region. By technology analysis, the 3D technology segment is anticipated to grow at the fastest rate as they perform better than 2D structures. Besides, the use of 3D software enables engineers to analyze their designs with high precision, which is one of the key factors driving the segment's growth in the computer-aided design market.

๐‘ช๐’๐’Š๐’„๐’Œ ๐’‰๐’†๐’“๐’† ๐’•๐’ ๐‘จ๐’„๐’„๐’†๐’”๐’” ๐’•๐’‰๐’† ๐‘ญ๐’–๐’๐’ ๐‘น๐’†๐’‘๐’๐’“๐’•:

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Computer-Aided Engineering, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง North America
o U.S.
o Canada
๏‚ง Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
๏‚ง Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
๏‚ง Latin America
o Argentina
o Brazil
o Mexico
๏‚ง Middle East & Africa
o Saudi Arabia
o Israel
o South Africa

๐“๐จ๐ฉ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐–๐ž๐ฅ๐ฅ๐ง๐ž๐ฌ๐ฌ ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐ˆ๐ฆ๐ฆ๐ž๐ซ๐ฌ๐ข๐ฏ๐ž ๐„๐ง๐ญ๐ž๐ซ๐ญ๐š๐ข๐ง๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐–๐ž๐› ๐Ÿ‘.๐ŸŽ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐’๐ž๐œ๐ซ๐ž๐ญ๐š๐ซ๐ข๐š๐ฅ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐„๐ง๐ญ๐ž๐ซ๐ฉ๐ซ๐ข๐ฌ๐ž ๐…๐ข๐ฅ๐ž ๐’๐ฒ๐ง๐œ๐ก๐ซ๐จ๐ง๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐’๐ก๐š๐ซ๐ข๐ง๐  (๐„๐…๐’๐’) ๐Œ๐š๐ซ๐ค๐ž๐ญ:

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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