CAD Market in APAC region 2016-2020 - Industry is Expected to post a revenue of 3.67 billion by 2020

Albany, NY, Dec 29: CAD 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 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 commencement of the production. They also help engineers, architects, and design professionals draft industry-specific products that enhance the overall product development.

The CAD market in APAC to post a revenue of 3.67 billion by 2020. The report covers the present scenario and the growth prospects of the CAD market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of CAD software licenses and services.

The market is divided into the following segments based on end users:
- Aerospace and defense industry
- Automotive industry
- Electrical and electronics industry
- Others

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Technavio's report, CAD Market in APAC 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, Inc.
- Dassault Systmes SE
- PTC, Inc.
- Siemens PLM Software

Other prominent vendors
- BricsCAD
- WD Encore Software
- Graebert
- RealCAD
- SolveSpace
- TurboCAD

Market driver
- Shift from perpetual license model to subscription model
- For a full, detailed list, view our report

Market trend
- Developments in CAD modelling
- For a full, detailed list, view our report

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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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