Rapid Adoption of 3D Technology in Industries is Likely to Drive the Growth of the Global Computer-Aided Design (CAD) Market during the Forecast Period (2022–2030)

Market Research Future (MRFR) has published on the “Global Computer Aided Design (CAD) Market”.

The Computer Aided Design (CAD) Market is estimated to register a CAGR of 6.0% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Computer Aided Design (CAD) Market including Autodesk Inc, Trimble Inc, Dassault Systemes, Bentley Systems Inc, PTC, Siemens PLM Software, Encore Software, HEXAGON AB, TurboCAD, CAD International, SmartDraw¸ ZWSOFT Co., Ltd.¸ Gstarsoft Co., Ltd, ANSYS Inc, and CorelDRAWA.

Market Highlights

The global Computer Aided Design (CAD) Market is accounted for to register a CAGR of 6.0% during the forecast period and is estimated to reach USD 15,541.4 million by 2032.

The market for computer-aided design (CAD) is significantly driven by the rising need for sophisticated design tools. As more and more industries, such as aerospace, automotive, and healthcare, use 3D printing for production and prototype.

A vast array of design tools and functionality are available in advanced CAD software, allowing designers to build intricate and accurate geometric designs. These modeling technologies include parametric, mesh, solid, and surface modeling, among others. With the help of these cutting-edge design tools, designers may realize their imaginative visions and attain exceptional levels of accuracy and personalization.

More sophisticated CAD software offers improved simulation and visualization features, enabling designers to see and work with objects in three dimensions. They are better able to comprehend the design concept, spot possible problems, and refine the design before to production as a result. Virtual testing and the capacity to replicate real-world circumstances all contribute to lower error rates, better product performance, and cost and time savings.

Advanced computer-aided manufacturing (CAM) and computer-aided engineering (CAE) software are only two examples of the technologies and software that advanced CAD tools can easily interact with. With this connection, the design-to-manufacturing process can be expedited, and CAD models can be used directly for manufacturing, analysis, and simulation. The design and production workflow is made more productive, collaborative, and efficient when CAD software is compatible with other technologies.

The increasing adoption of 3D printing and additive manufacturing technologies has created a demand for CAD software that supports rapid prototyping and additive manufacturing processes. Advanced CAD tools provide features like generative design, which uses algorithms to automatically generate optimized designs based on specified constraints. This enables designers to quickly iterate and prototype designs, reducing time-to-market and facilitating the adoption of innovative design concepts.

Access full report @ https://www.marketresearchfuture.com/reports/computer-aided-design-market-8531

Segment Analysis

The global Computer Aided Design (CAD) Market has been segmented based on Technology, Component, application, development model, and end use vertical.

Based on technology, the market is segmented into 2D and 3D. The 3D segment was attributed to holding the largest market share in 2022, with a market share of ~81.5% revenue, as estimated by MRFR analysts.

Based on component, the global Computer Aided Design (CAD) Market has been segmented into software and services. The software segment was expected to hold the largest market share in 2022.

Based on the development model, the market is segmented into Cloud and On Premises. On premises segment is projected to have the largest market share during the forecast period.

Based on the application, the market is segmented into 3D Printing, Surface Modelling, Reverse Engineering, Drafting Detailing, Assembly, and Others. The Drafting Detailing segment is projected to have the largest market share during the forecast period.

Based on the end use vertical, the market is segmented into Electrical and Electronics, Automotive, Civil And Construction, Energy And Materials, Industrial Equipment, Media And Entertainment, and Others. The Civil and Construction is projected to have the largest market share during the forecast period.

Regional Analysis

The global Computer Aided Design (CAD) Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Middle East & Africa, and South America. North America consists of US, Canada, and Mexico. The Europe Computer Aided Design (CAD) Market comprises of UK, Germany, France, Italy, Spain, Austria, and Rest of Europe. The Computer Aided Design (CAD) Market in Asia-Pacific has been segmented into China, Japan, South Korea, and the rest of Asia-Pacific, and The South America

The European automobile industry, which has a long history of innovation, engineering brilliance, and manufacturing prowess, is a fundamental pillar of the continent's economy. European automakers are well known for their ability to produce automobiles of the highest caliber, to establish industry standards, and to push the limits of automotive technology. Major CAD software suppliers rely on North America as a hub, which raises the region's profile in the worldwide CAD market. Given the importance of North America in the CAD business, a major share of the global headquarters of top CAD software giant Dassault System SE are located there. Furthermore, the existence of other significant competitors like Adobe Inc., Trimble Inc., and Autodesk Inc. fosters innovation and growth in the North American CAD software industry.

In Asia Pacific, A primary driver of this expansion is the increasing use of CAD software in healthcare applications, particularly for the development of advanced medical devices and diagnostic tools. As the demand for innovative healthcare solutions rises in the region, CAD technology plays a crucial role in enabling the design and production of cutting-edge medical equipment. Furthermore, significant investments are being made in the manufacturing, automotive, construction, and defense sectors throughout the Asia-Pacific region. These expenditures are anticipated to increase the need for CAD software even more as businesses use cutting-edge engineering and design technologies to increase output, effectiveness, and creativity. With the region's infrastructure projects and economic growth, computer-aided design (CAD) software is expected to have a significant impact on how design and manufacturing are done in Asia-Pacific in the future.

The energy industry is one of the main forces behind development and success in South America. In this sector, Computer-Aided Design (CAD) technology is essential for enabling energy specialists to plan, evaluate, and maximize complex energy infrastructure projects. Engineers and experts in the energy sector can create complex designs, models, and simulations with accuracy and efficiency using CAD software for a range of projects, including distribution networks, renewable energy installations, and power plants. Stakeholders maintain the efficiency, security, and dependability of energy systems while complying with legal requirements and taking the environment into account by using CAD tools. Manufacturing sector is undergoing significant expansion and modernization fuelled by technological advancements and global market demands. CAD technology serves as a catalyst for enhancing manufacturing processes, providing engineers and manufacturers the means to conceptualize, prototype, and refine products and production setups.

Key Findings of the Study

• The global Computer Aided Design (CAD) Market is expected to reach USD 15,541.4 million by 2032, at a CAGR of 6.0% during the forecast period.


• The Europe region accounted for the fastest-growing global market, as it has region's large manufacturing and logistics industries.


• Based on technology, 3D segment was attributed to holding the largest market in 2022, with an approximate market share of 81.5%.


• The key players in the market Autodesk Inc, Trimble Inc, Dassault Systemes, Bentley Systems Inc, PTC, Siemens PLM Software, Encore Software, HEXAGON AB, TurboCAD, CAD International, SmartDraw¸ ZWSOFT Co., Ltd.¸ Gstarsoft Co., Ltd, ANSYS Inc, and CorelDRAWA.