Press release
Global CAD Market In Aerospace And Defense Industry to grow at a CAGR of 6.13% during 2016-2020
About CAD Market in Aerospace and Defense IndustryCAD is a software tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by several industries such as the automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions allow end-users to develop prototypes of their products digitally before the start of the production. They also help engineers, architects, and design professionals to draft industry-specific products that enhance the overall product development.
Technavios analysts forecast the global CAD market in aerospace and defense industry to grow at a CAGR of 6.13% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global CAD market in aerospace and defense industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the report considers the revenue generated from the sales of cad software licenses and services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global CAD Market in Aerospace and Defense Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Autodesk
Dassault Systmes
PTC
Siemens PLM Software
Other prominent vendors
BricsCAD
Encore
Graebert
RealCAD
Solvespace
TurboCAD
Market driver
Growth of R&D in SMEs in aerospace and defense industry
For a full, detailed list, view our report
Market challenge
High cost of CAD software
For a full, detailed list, view our report
Market trend
Developments in CAD modeling
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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