Press release
Global Mechanical Computer-Aided Design (MCAD) Market Will Grow At A CAGR Of 7.46% During The Period 2016-2020
MCAD software is widely used in product designing, design engineering, manufacturing, and distribution across industries. It helps reduce cost, improve product quality, protect the environment, attain design efficiency, and slash product development time. It can be on-premises as well as on the cloud. Onshape is a cloud MCAD provider.
Technavios analysts forecast the global mechanical computer-aided design (MCAD) market to grow at a CAGR of 7.46% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global mechanical computer-aided design (MCAD) market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of MCAD software licenses and services.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Mechanical Computer-Aided Design (MCAD) Market 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
3D Systems
Altair
Cadonix
FreeCAD
IronCAD
Kubotek
Nemetschek
Nanosoft
Caddie software
Menhirs
VariCAD
Market driver
Growing need to provide quality products at faster rate
For a full, detailed list, view our report
Market challenge
Availability of open-source MCAD software
For a full, detailed list, view our report
Market trend
High demand for cloud-based MCAD software
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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