Computer Aided Design (CAD) Market – Global Industry Analysis and Forecast (2024-2030)

Computer Aided Design (CAD) Market size was valued at USD 11.53 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6.9% through 2024 to 2030, reaching nearly USD 18.40 Bn.
Computer Aided Design (CAD) Market Overview:
Computer Aided Design is a type of software that is used to create 2D and 3D models and designs. CAD software is used in a variety of sectors and occupations to create architectural designs, building plans, floor plans, electrical schematics, mechanical drawings, technical drawings, blueprints, and even special effects in movies and television shows. 2D, and 3D are the two types of the designs of the Computer aided design (CAD). Windows, UNIX, Linux, and Mac OS X are the four types of the operating systems of the Computer aided design (CAD). Automotive, Aerospace and Defense, Building and Construction, Industrial Machinery, Electrical and Electronics, and Pharmaceuticals and Healthcare are some of the end-users of the computer aided design (CAD).To know about the Research Methodology:- Request Free Sample Report
Computer Aided Design (CAD) Market Dynamics:
Mobile access has become one of the most important features that businesses and consumers want in practically any technology. A growing number of CAD developers are implementing methods for accessing planned data on mobile platforms. Another interesting trend in the CAD market is software subscriptions over the cloud. Cloud storage advancements are propelling CAD technology, allowing designers and developers to save their creations on cloud platforms. Cloud CAD software has a number of advantages, including ease of updating, enhanced mobility, increased storage capacity, and significant cost savings. For example, in 2016, Autodesk released Fusion 360, a largely cloud-based software that only requires a small portion of a user's hard drive. These user-friendly developments in CAD software technology gave the sector a much-needed boost.

Prior to the introduction of computer-aided design, drawings had to be drawn by hand with a pencil and paper. Using rulers, protractors, and other drafting equipment, each item, line, and curve had to be drawn by hand. Calculations, such as the structural load on a building component, would have to be done manually by an engineer or designer, which would take a long time and be prone to errors. All of this was altered via CAD software. Designs may be produced, altered, and stored in a considerably shorter amount of time. CAD drawings are not constrained by the 2D space of a sheet of paper, and may be inspected from a variety of perspectives to verify proper fit and design. The computer does the calculations, making it considerably easier to test the practicality of designs. In real time, designs may be shared and collaborated on, thus reducing the amount of time required.

Computer aided design (CAD) offers plenty of benefits such as better quality design, simplify communication, a streamlined design process, plenty of documentation, a manufacturing database, and design data saved. The computer aided design (CAD) market revenue share of Autodesk Inc. was 29% in 2023, whereas, the computer aided design (CAD) market revenue share of Dassault was 23% in 2023.

CAD software is expensive, and running it on a computer requires additional hardware support, which is expected to restrains the growth of the global computer aided design (CAD) market during the forecast period 2024-2030.
Computer Aided Design (CAD) Market Segment Analysis:
Based on the Design Type, the market is segmented into 2D, and 3D. 3D design type segment is expected hold the largest market share of xx% by 2030. 3D CAD software offers plenty of benefits such as avoid costly mistakes, work more efficiently, increased designer productivity, visualise your end product, and other benefits it provides. For major plant design disciplines, 3D CAD modelling software aids productivity gains. It enables owner-operators and engineering, procurement, and construction (EPC) firms to visualise the completed plant more clearly and make more informed decisions and forecasts based on data. Clients also have access to many "what-if" scenarios during the design process. Non-CAD and non-design stakeholders can engage in the process by creating virtual models.

Engineering 3D modelling improves data management by allowing user to organise and manage design assets and papers. It allows user to standardise detailing and drafting techniques, automating workflow and improving output speed and accuracy. Automatic ISO creation aids in material consumption accuracy as well as procurement and fabrication time efficiency.

Based on the Operating System, the market is segmented into Windows, UNIX, Linux, and Mac OS X. Windows operating system segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. The windows operating system is used widely for computer aided design (CAD) as it offers many advantages. The large number of people who use Windows, designers want to create utilities, games, and programming for the operating system. Because Linux clients are unable to create Windows apps, it is preferable to use Windows for application development. The Windows operating system is used by 95% of users, the majority of equipment manufacturers create drivers for Windows.
Computer Aided Design (CAD) Market, by End Use Industry

Computer Aided Design (CAD) Market Regional Insights:
North America dominates the Computer Aided Design (CAD) market during the forecast period 2024-2030. North America is expected hold the largest market share of xx% by 2030. This is due to the rising adoption of the mechanical computer aided design (CAD) software in the automotive industry, and building and construction industry in the North America region. This is the key factor that is expected to boost the growth of the North America region in the Computer aided design (CAD) market during the forecast period 2024-2030.

Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2024-2030. This is due to the growing utilization of the computer aided design (CAD) technology for designing various instruments and infrastructure in the Asia Pacific region. This is the key driver that is expected to drives the growth of the Asia Pacific region in the Computer Aided Design (CAD) market during the forecast period 2024-2030.

The objective of the report is to present a comprehensive analysis of the Global Computer Aided Design (CAD) Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Computer Aided Design (CAD) Market dynamic, structure by analyzing the market segments and project the Global Computer Aided Design (CAD) Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Computer Aided Design (CAD) Market make the report investor’s guide.
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Computer Aided Design (CAD) Market


Report Coverage
Details


Base Year:
2023
Forecast Period:
2024-2030


Historical Data:
2018 to 2023
Market Size in 2023:
USD 11.53 Bn.


Forecast Period 2024 to 2030 CAGR:
6.9%
Market Size in 2030:
USD 18.40 Bn.


 Segments Covered:
by Design Type
2D
3D


by Operating System
Windows
Unix
Linux
Mac OS X


by End-User Industry
Automotive
Aerospace and Defense
Building and Construction
Industrial Machinery
Electrical and Electronics
Pharmaceuticals and Healthcare
Others



Computer Aided Design (CAD) Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Computer Aided Design (CAD) Market, Key Players are
1. Dassault Systèmes
2. PTC Inc.
3. Nanosoft Holdings, Inc.
4. GE Healthcare Limited
5. Fujifilm Corporation
6. Menhirs NV
7. Graebert GmbH
8. Kubotek USA, Inc.
9. Autodesk Inc.
10. EPLAN Software & Service,
11. Trimble, Inc.
12. Bentley Systems, Inc.
13. Nemetschek SE
14. IGE+XAO
15. ALPI International Software
16. Hexagon AB
17. IMSI Design LLC
Frequently Asked Questions:
1] What segments are covered in Computer Aided Design (CAD) Market report?
Ans. The segments covered in Computer Aided Design (CAD) Market report are based on Design Type, Operating System, and End-User Industry.

2] Which region is expected to hold the highest share in the Market?
Ans. North America is expected to hold the highest share in the Market.

3] Who are the top key players in the Market?
Ans. Dassault Systèmes, PTC Inc., Nanosoft Holdings, Inc., GE Healthcare Limited, Fujifilm Corporation, and Menhirs NV are the top key players in the Global Market.

4] Which segment holds the largest market share in the market by 2030?
Ans. 3D Design type segment hold the largest market share in the market by 2030.

5] What is the market size of the market by 2030?
Ans. The market size of the market is USD 18.40 Bn. by 2030.

6] What was the market size of the market in 2023?
Ans. The market size of the market was worth USD 11.53 Bn. in 2023.