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Global 3D CAD Market Revenue Projected Around USD 13.2 Billion By 2026

05-Feb-2020 | Facts and Factors

Facts and Factors have authored “3D CAD Market By Deployment Mode (On-Premise & Cloud-Based), By Application (Architecture, Engineering, And Construction (AEC), Manufacturing, Automotive, Healthcare, Media & Entertainment, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026”. Based on our analysis, the global 3D CAD market in 2020 was USD 10.3 Billion and is anticipated to reach around USD 13.2 Billion by 2026. The anticipated CAGR for the 3D CAD market is around 6.8% from 2021 to 2026.

The CAD (computer-aided design) is software used by architects, drafters, artists, engineers, and others to create technical illustrations and precision drawings. CAD software can be used to create 2D drawings and 3D models. 2D CAD designs are commonly used for technical architecture and engineering, while 3D models are used for digital applications such as animation or in manufacturing and prototyping processes like 3D printing. CAD software finds its use or applications across various verticals to design products such as electronic circuit boards in computers and other devices.

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In other words, 3D CAD is a technology used for the designing of technical documentation in an automated way that replaces the traditional manual drafting process.

3D printers nowadays are seen more in industrial environments. In industrial setups, they help in producing end-use parts and speeding prototyping processes. Leading industries such as automotive, aerospace and defense, manufacturing, and medical are installing 3D printers‘ desktop and industrial, capable of printing both metal and plastics in operations. The 3D CAD software is also used in stress analysis, vehicle modeling, engine design, building modeling, and many more applications ranging from high-end car design to aircraft design and modeling to simple tool designing. Implying to all the above pointers, there are huge investments projected in the global 3D printing market which in turn will drive the growth of the 3D CAD software market.

Further, the surging need for complex structure prototyping, precise designing, digitalization, and automation in the aerospace & defense, automotive, and manufacturing sectors is anticipated to drive the market in the future. Owing to the fact, that opting for cloud-based designing enables companies to offer flexibility in designs and streamline workflows; major players such as General Motors Co. have migrated from on-premise type of solutions to cloud, as cloud-based solutions help in lowering overall IT spending by providing real-time work to resources that are geographically distributed.

The global 3D CAD market is analyzed on the basis of the type of deployment and applications. Cloud-based deployment and on-premise deployment are the two types of deployments used for the 3D CAD software. In recent years, cloud-based 3D CAD solutions are growing compared to the on-premise type of solutions. Further, on the basis of the application of these solutions 3D CAD market is analyzed into automotive, aerospace and defense, industrial machinery, electrical and electronics, and others (healthcare and media & entertainment).

The global 3D CAD market is analyzed into the following regions namely, North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. These regions are further analyzed for the major countries in them respectively. The U.S., Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Brazil, and Argentina among others are the major countries analyzed in the report.

Top Market Players

The key market participants for the global 3D CAD market are Autodesk, Inc., Bentley Systems, Inc., Hexagon AB, Oracle, PTC, Siemens, Dassault Systems Solidworks Corp, Schott Syteme GmbH, ZWSOFT Co. Ltd., and Aveva Group plc., among others.

This report segments the 3D CAD Market as follows:

Global 3D CAD Market: By Deployment Mode Segment Analysis

  • On-Premise
  • Cloud-Based

Global 3D CAD Market: By Application Segment Analysis

  • Architecture, Engineering, And Construction (AEC)
  • Manufacturing
  • Automotive
  • Healthcare
  • Media & Entertainment
  • Others

Global 3D CAD Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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