Global 3D CAD Software Market Report

Global 3D CAD Software Market Analysis, Market Size, Application, Analysis, Regional Outlook, Competitive Strategies and Forecasts, 2015 to 2022

Format: PDF  |  Report ID: GVR2320

Global 3D CAD software market is anticipated to witness growth over the forecasted period owing to increased usage of rapid prototyping and tooling by several industries such as aerospace, automotive, consumer durable, machine tools, healthcare and manufacturing. These solutions let engineer apply multiple light sources, render designs from any angle and rotate objects in three dimensions. Various benefits such as reduce maintenance & repair expenses and increased efficiency in product, machinery and plant designing processes is expected to drive market growth. It saves time and resources required in initial testing of product design theories and other aspect by eliminating the requirement of physical prototype. Rising demand for 3D digital design among entrepreneurs to build prototype for communicating their product concept to venture capitalist or potential investors is anticipated to push growth over the forecast period. Industry participants are incorporating additional feature and functionality to maximize customer experience. Technological development and innovative solution may provide new growth opportunities.

Latest trends such as cloud and mobile-based solutions may provide additional opportunity to industry demand. Availability of 3D computer aided software and Infrastructure as a Service (IaaS) on the cloud allow end user to reduce their total cost of ownership and implementation. Companies may increasingly prefer cloud-based models owing to benefits such as ease of access, security, flexibility and economical, remote access, and pay-per-use model. Cloud-based solutions are expected to be increasingly preferred by small and medium enterprises owing to scalability. Mobile-based 3D CAD software enable enterprises to provide ubiquitous solution to the end users. Market may see huge investment being made in mobile application that can run on any operating system. Development of these applications may help companies increasing their revenue share and bring down the expenses.

High price is a major challenge for revenue growth. Availability of open-source codes may obstruct industry growth over the next seven years. They are easily downloadable for free and is extensively used by individuasl, educational institutions and several Micro Small and Medium Enterprises (MSMEs). FreeCAD and BRL-CAD are two of the open source software available that is posing serious threat to revenue growth. The high cost of training and upgrade may hinder micro and small-scale enterprise applications.

Global 3D CAD software market can be classified as wire-frame models, surface models and solid models. Wire-frame models make use of line and arc to create skeleton like models. Surface models makes realistic model by joining 3D surfaces. It can also be segmented on the basis of end use as architecture, mechanical, civil, and electrical. Asia-Pacific is expected to be key regional market segment over the forecast period.

Key players include Graitec, Autodesk Inc., Knowledge Base, Graphisoft, Bricsys, Dassault Systemes, Gehry Technologies, Parametric Technology Corporation, Trimble, CAXA Technology Co. Ltd., Bentley System, and Suzhou Gstarsoft Co. Ltd. In 2014, Autodesk acquired Delcam, an advanced supplier of CAD/CAM solutions for the manufacturing industry. In 2015, Delcam Crispin launched ShoeMaker software for design of all types of footwear. Autodesk software portfolio includes Fusion 360, AutoCAD Civil 3D, InfraWorks, AutoCAD for PC or Mac etc.

In April 2015, Autodesk launched AutoCAD Civil 2016 for building and civil infrastructure industries with deeper integration with cloud services and flexible subscription option. In April 2015, Dassault Systemes announced the acquisition of Modelon GmbH to enhance its systems simulation and modeling, which are crucial to transform the mobility and transportation. In July 2014, Dassault System announced that it has signed definitive agreement to acquire Quintiq to enhance its product portfolio and technological capability. In February 2015, Bentley Systems Inc. announced that it has acquired Acute3D, provider of reality modeling solutions. Bentley System product portfolio include various solution such as bridge design and engineering, geotechnical, land development, 3D imaging & cloud, GIS & mapping, nuclear operation, electric & gas utility network analysis, and design. It also develops solution for transportation, railway, plant & road design, and water & waterway design.

 

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