Monday, 12 December 2016

Global CAD Market in Industrial Machinery Industry Market Size, Share, Analysis, Industry Growth and Forecast Research Report 2016-2020 Market Reports Center


Technavio Announces the Publication of its Research Report Global CAD Market in Industrial Machinery Industry 2016-2020

Technavio recognizes the following companies as the key players in the global CAD market in the industrial machinery industry: Autodesk, Dassault Systèmes, PTC, and Siemens PLM Software.

Other Prominent Vendors in the market are: BricsCAD, Encore, Graebert, RealCAD, SolveSpace, and TurboCAD.
Commenting on the report, an analyst from Technavios team said: Developments in CAD modeling is gaining traction in the global CAD market in the industrial machinery industry. Modeling is basically a set of rules that help during computer modeling of 3D solids. There are mainly two types of modeling in CAD which includes parametric modeling and direct modeling. Parametric modeling uses parameters to define a particular model. Direct modeling allows the designer to get direct access to the geometry of the product, allowing complete manipulation and editing, with least concerns about features and dimensions.”


According to the report, the role of CAD in packaging machinery will drive growth in the market. Packaging machinery are special types of machinery that help with packaging products before their dispatch for storage and distribution networks. A major driver in the global packaging machinery market is the increase in demand for smart packaging. This demand is mainly witnessed in the food industry, where hygiene is of great importance. Smart packaging reduces the loss and wastage of food. The vendors are, therefore providing CAD software (SOLIDWORKS) that enables engineers to design machinery, conveying, and filling process. 
Further, the report states that Piracy issues of PLM software such as CAD are a major challenge for vendors, leading to a decrease in their revenue. The sharing of a purchasing license of a single end-user with other end-users is also considered as software piracy.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Discount on report:
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About CAD Market in Industrial Machinery Industry

CAD is a software tool that is used to achieve accuracy in designing and modeling of products and components of an organization. CAD solutions are widely adopted by several industries such as the automotive, aerospace and defense, industrial machinery, electrical and electronics, and others. These solutions allow end-users to develop prototypes of their products digitally before the production begins.

Technavios analysts forecast the global CAD market in the industrial machinery industry to grow at a CAGR of 7.61% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global CAD market in the industrial machinery industry for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of CAD software licenses and services

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Technavio's report, Global CAD Market in Industrial Machinery Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• Autodesk
• Dassault Systèmes
• PTC
• Siemens PLM Software

Other prominent vendors 
• BricsCAD
• Encore
• Graebert
• RealCAD
• SolveSpace
• TurboCAD

Market driver 
• Increase in government initiatives in machine tools sector 
• For a full, detailed list, view our report 

Market challenge 
• Threat of piracy
• For a full, detailed list, view our report 

Market trend 
• Development of smart factories 
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 


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