February 4, 2020
A new report from Jon Peddie Research (JPR) finds the computer-aided design (CAD) market stronger than ever, thanks to digitalization.
The market is anticipated to have a healthy growth rate of over 2.4% over the forecast period 2018-2022.
The computer-aided design market is expected to reach USD $9 billion by 2022.
The large CAD customers in automotive, aeronautic, construction, machine design, and process & power industries are moving towards systems design and the development of digital twins. Concentrating on the 10 market leaders: Autodesk, Aveva, Bentley Systems, Dassault, Graebert, Hexagon, Nemetschek, PTC, Siemens Digital Industries, and Trimble, the JPR report considers data from up to 36 CAD companies making approximately 53 products.
The report looks at the major market segments and provides overall market share figures, user numbers, and geographical breakdowns for AEC, Manufacturing, Process, Power & Marine. JPR highlights industry trends, drivers and challenges and incorporates both qualitative and quantitative aspects of the industry.
“The leading CAD companies are finding room to forge their way in specialized markets as world industries transform their workflows via digitalization. The transition to 3D workflows is enabling CAD customers to build digital twins to test and model designs before they are built and monitor them in operation,” says Kathleen Maher, analyst.
Pricing and Availability
JPR's Worldwide CAD Market report is available electronically for $6,000. Included with this report are four hours of consulting time. JPR publishes a series of reports on the Workstation market that covers the total market including systems and accessories for six regions.
Sources: Press materials received from the company and additional information gleaned from the company’s website.
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