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3D CAD Software Market

3D CAD Software Market Size, Share & Segmentation by Deployment type (Cloud and On-premise), by Application (Architecture, Engineering, & Construction (AEC), Manufacturing, Automotive, Healthcare, Media & Entertainment, Others), by Regions and Global Market Forecast 2022-2028

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.

3D CAD Software Market Revenue Graph

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.

MARKET DYNAMICS:

KEY DRIVERS:

  • increased manufacturing sector penetration.

  • Increasing 3D printing investments.

RESTRAINTS:

  • High cost and availability of open-source software.

OPPORTUNITY:

  • Growing prospects for 3D printing investments and technology adoption in manufacturing.

  • Automotive industries have contributed to market expansion.

CHALLENGES:

  • 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.

MARKET ESTIMATION:

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

  • Cloud

  • On-premise

On The Basis of Application

  • Architecture, Engineering, & Construction (AEC)

  • Manufacturing

  • Automotive

  • Healthcare

  • Media & Entertainment

  • Others

3D CAD Software Market Segment Chart

REGIONAL ANALYSIS:

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.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

KEY PLAYERS:

The major key players are Autodesk Inc., AVEVA Group plc, Bentley Systems, Incorporated, Bricsys NV., Dassault Systèmes SE, IronCAD, LLC., PTC Inc., Siemens Industry Software Inc., Trimble Inc., ZWSOFT Co., Ltd.

3D CAD Software Market Report Scope:
Report Attributes Details
 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
 Base Year  2021
 Forecast Period  2022-2028
 Historical Data  2017-2020
 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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1 Cloud

8.2 On-premise

 

9. 3D CAD Software Market Segmentation, by Application

9.1 Architecture, Engineering, & Construction (AEC)

9.2 Manufacturing

9.3 Automotive

9.4 Healthcare

9.5 Media & Entertainment

9.6 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profiles

11.1 Autodesk Inc.

11.1.1 Financial

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 Systèmes 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

 

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

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Step 4: QA/QC Process

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