Global 3D CAD market worth $5,137.0 million in 2015
The study reveals that the global 3D CAD market is likely to grow from $5,137.0 million in 2015 to $7,256.2 million by 2022. Due to rapid transformation in design software industry and demand for easy mobile access to 3D CAD, the global 3D CAD market is gaining traction.
Insights on market segments
As per the findings of the research, solid model led the global 3D CAD market in 2015. Among various applications, automotive accounted to be the largest revenue in global 3D CAD market in 2015; however, arts is expected to witness the highest growth in demand of 3D CAD solutions during the forecast period. Among regions, 3D CAD market is expected to witness fastest growth in demand from Asia-Pacific, during the forecast period.
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Americas stands as the largest 3D CAD market
Geographically, Americas has been the largest market for 3D CAD, where the U.S. has been the largest contributor to the regional market. China has been the major market in Asia-Pacific. In Europe, Middle-East and Africa (EMEA), Germany is expected to be the fastest growing regional market during the forecast period.
Shift from 2D to 3D CAD bolsters the global 3D CAD market growth
The factors driving the growth of the market include shift from 2D CAD to 3D CAD, use of 3D CAD in packaging machinery, and increasing product recalls in automotive industry. Industries, such as automotive, defense, aerospace and industrial machinery, are utilizing the advantages of 3D CAD to digitally prototype their products before production.
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Consolidated global 3D CAD market
The research states that the global 3D CAD market is consolidated with top five players accounting for around 85% of the market in 2015. Autodesk, Inc. was the market leader in the global 3D CAD market in 2015. The other major companies operating in the global 3D CAD market include Bentley Systems Inc., Dassault Systèmes, PTC, 3D Systems Inc., Aveva Group Plc, and Hexagon.
- Wire-Frame Model
- Surface Model
- Solid Model
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