Report Id: SNS/ICT/2152 | July 2022 | Region: Global | 125 Pages
Report Scope & Overview:
3D CAD Software Market size was valued at USD 10.84 Bn in 2021 and is expected to reach USD 17.86 Bn by 2028, and grow at a CAGR of 7.4% over the forecast period 2022-2028.
Global 3D CAD Software, also known as three-dimensional computer-aided design, is a design and technical documentation technology that substitutes human sketching with an automated procedure. The 3D CAD Software Market is used by architects, engineers, and other professionals to precisely represent and display objects on a computer utilizing a collection of three-dimensional points. Autodesk offers a diverse range of 3D CAD Software Market products to assist individuals in exploring and sharing ideas, visualizing concepts, and simulating how designs will operate before they are created.
CAD is primarily utilized for detailed engineering of 3D models or 2D drawings of physical components, but it is also used throughout the engineering process, from product conceptual design and layout through strength and dynamic analysis of assemblies and the specification of component production techniques. CAD software for a mechanical design either employs vector-based graphics to portray typical drafting items or may create raster visuals that display the overall look of planned products. It is, however, more than simple forms.
increased manufacturing sector penetration.
Increasing 3D printing investments.
High cost and availability of open-source software.
Growing prospects for 3D printing investments and technology adoption in manufacturing.
Automotive industries have contributed to market expansion.
The market's expansion may be slowed by shifting raw material prices.
IMPACT OF COVID-19:
The 3D CAD Software industry has grown significantly in recent years; but, due to the onset of the COVID-19 pandemic, the market saw a sharp decline in 2020. This was ascribed to governments in most nations implementing lockdowns and halting travel to prevent virus propagation. After recovering from the COVID-19 epidemic, the 3D CAD Software industry is expected to thrive in the next years. Several construction and real estate firms have been closed as a result of workers returning home from building sites, which has hampered market expansion.
In 2021, the on-premise category generated the most revenue. This can be ascribed to the technology's strong information or data security characteristic. Software customers choose to use the on-premise solution since all information and design data can be simply preserved on their systems. End-users in highly regulated industries, such as medical, healthcare, and government organizations, are the primary consumers of on-premise systems. From 2022 to 2028, the cloud segment is expected to grow at the quickest rate. The demand for cloud-based platforms has increased dramatically in recent years due to benefits such as improved collaboration, the opportunity to share designs with stakeholders, a little or no installation procedure, and an integrated data management system.
Manufacturing had the highest revenue share in 2021 and is expected to grow at a stable CAGR from 2022 to 2028. This is due to the widespread usage of 3D CAD software in prototype creation in the industrial industry. Over the projection period, the media and entertainment categories are expected to increase significantly. This can be ascribed to the software's use in media companies for advertising and animation content development. The others sector, which comprise education, government & utilities, and aerospace & military, is also expected to increase significantly throughout the predicted period. From 2022 to 2028, the healthcare sector is expected to grow at the fastest rate. This is due to 3D CAD software's capacity to create 3D models using information gathered from medical pictures obtained from MRI and CT scans. The considerable deployment of 3D CAD models for planned operations, particularly prostheses and medical device insertion, is driving the segment's rise. From 2022 to 2028, the Architecture, Engineering, and Construction (AEC) category is expected to grow at the second-fastest rate. By allowing operators to build a thorough dimension of each fragment of an architectural design, the program provides an exact portrayal of the item. This has accelerated the solution's adoption among architects and construction firms.
KEY MARKET SEGMENT:
On The Basis of Deployment type
On The Basis of Application
Architecture, Engineering, & Construction (AEC)
Media & Entertainment
North America is expected to have a sizable proportion of the 3D CAD software market throughout the projected period. This rise might be ascribed to the increased use of 3D CAD software in the region's aerospace, defense, and industrial sectors for developing prototypes of diverse goods. Furthermore, 3D CAD is increasingly being used in the healthcare industry to aid in the medical imaging process by representing medical data such as CT scans in 3D model form. Furthermore, 3D CAD software aids in the development of prostheses, expanding their use. These factors are projected to fuel the worldwide 3D CAD software industry's growth throughout the forecast period.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
The major key players are Autodesk Inc., AVEVA Group plc, Bentley Systems, Incorporated, Bricsys NV., Dassault SystÃ¨mes SE, IronCAD, LLC., PTC Inc., Siemens Industry Software Inc., Trimble Inc., ZWSOFT Co., Ltd.
|Market Size in 2021||US$ 10.84 Bn|
|Market Size by 2028||US$ 17.86 Bn|
|CAGR||CAGR of 7.4% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Deployment type (Cloud and On-premise)
• By Application (Architecture, Engineering, & Construction (AEC), Manufacturing, Automotive, Healthcare, Media & Entertainment, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Autodesk Inc., AVEVA Group plc, Bentley Systems, Incorporated, Bricsys NV., Dassault Systems SE, IronCAD, LLC., PTC Inc., Siemens Industry Software Inc., Trimble Inc., ZWSOFT Co., Ltd.|
|Key Drivers||• increased manufacturing sector penetration.
• Increasing 3D printing investments.
|Opportunities||• Growing prospects for 3D printing investments and technology adoption in manufacturing.
• Automotive industries have contributed to market expansion.
Frequently Asked Questions (FAQ) :
Ans: - The forecast period of the 3D CAD Software market is 2022-2028.
What are the opportunities that will drive the 3D CAD Software market during the forecast period?
Ans: - The segments covered in the 3D CAD Software Market report for study are On the Basis of Component, Type, Streaming Type, End-user.
Ans: - In terms of revenue, North America dominated the market.
Ans: - The primary growth tactics of 3D CAD Software market participants include merger and acquisition, business expansion, and product launch.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of the Ukraine- Russia war
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. 3D CAD Software Market Segmentation, by Deployment type
9. 3D CAD Software Market Segmentation, by Application
9.1 Architecture, Engineering, & Construction (AEC)
9.5 Media & Entertainment
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profiles
11.1 Autodesk Inc.
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 AVEVA Group plc
11.3 Bentley Systems, Incorporated
11.4 Bricsys NV.
11.5 Dassault SystÃ¨mes SE
11.6 IronCAD, LLC.
11.7 PTC Inc.
11.8 Siemens Industry Software Inc.
11.9 Trimble Inc.
11.10 ZWSOFT Co., Ltd
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share analysis
12.3 Recent Developments
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