Computer-Aided Design (CAD) Market Research Report: Information By Technology (3D and 2D), by Component (Solution, Services [Installation, Training and Implementation, System Integration and other Support Services]), By Deployment Mode (Cloud, On-Premise), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030

Computer-Aided Design (CAD) Market Overview

Computer-Aided Design (CAD) Market Size was valued at USD 9 Billion in 2021. The Computer-Aided Design (CAD) market industry is projected to grow from USD 11.2 Billion in 2022 to USD 17.6 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.2% during the forecast period (2022 - 2030). The need for additive manufacturing is leading to high growth in Computer-Aided Design (CAD) is the key market driver enhancing market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Computer-Aided Design (CAD) Market Trends
Growing demand for Computer-Aided designs in the construction industry to boost the market growth

Rising demand for Computer-Aided designs in the construction industry will raise demand. Smart building is rising in many regions. These smart buildings are built efficiently. For efficient building computer-aided designs are beneficial. Developing nations have a higher penetration of smart buildings. This demand from the merging nations will increase demand for the market. The construction industry will contribute to high computer-Aided design market profits.

The increasing adoption of 3D CAD is another market growth. CAD outsourcing has exceptional demand from the consumer goods market. It is a market that requires, packaging, wrapping boxing, and bottling. The adoption rate of the Computer-Aided design market is high. Feeding the manufacturing machines with CAD designs makes the entire process effortless. Through computer Aid designs meeting the needs of every manufacturing unit are possible. Increasing demand from these industries will continue to boost overall market growth. Three-dimensional printing is gaining more traction in the emerging market. Emerging markets have a high need for manufacturing. There are plenty of products, manufactured in this market. The rising manufacturing needs are creating positive changes in this market. This rising need for computer-Aided design will lead to high market growth. Therefore, such factors related to computer-aided design have enhanced the Computer-Aided Design (CAD) market CAGR across the globe in recent years.

Computer-Aided Design (CAD) Market Segment Insights

Computer-Aided Design (CAD) Technology Insights

The Computer-Aided Design (CAD) market segmentation, based on technology, includes 3D and 2D. The 3D segment held the majority share in 2021 of the Computer-Aided Design (CAD) market revenue. This is due to the increasing demand for more advanced and sophisticated design tools in various industries such as architecture, engineering, and construction. The use of 3D CAD technology allows for more accurate and realistic representations of designs, which has led to its widespread adoption in these industries.

Computer-Aided Design (CAD) Component Insights

The Computer-Aided Design (CAD) market segmentation, based on components, includes Solution, Services [Installation, Training and Implementation, System Integration and other Support Services]. The solutions segment held the majority share in 2021 of the Computer-Aided Design (CAD) market revenue. This is due to the increasing demand for advanced and sophisticated CAD tools and the growing need for efficient and effective design processes in various industries. The services segment, which includes installation, training and implementation, system integration, and other support services, is also growing as more companies adopt CAD technology and require assistance in implementing and using these tools effectively.

Computer-Aided Design (CAD) Deployment Mode Insights

Based on deployment mode, the Computer-Aided Design (CAD) market segmentation includes Cloud and On-Premise. This is due to the increasing demand for more flexible and scalable CAD solutions and the growing adoption of cloud technology in various industries. The cloud deployment mode provides users with access to CAD tools and resources from anywhere with an internet connection, which has made it a popular choice for businesses and individuals. On the other hand, the on-premise deployment mode involves the installation of CAD software and hardware on the user's premises and is often used by larger organizations with more complex design requirements. These all factors for Computer-Aided Design (CAD) positively impact market growth.

Figure 2: Computer-Aided Design (CAD) Market, by Deployment Mode, 2021 & 2030 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Computer-Aided Design (CAD) Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia Pacific is a surging region with higher growth. Smart engineering and design will boost the overall demand rate in this market. The demand from construction and consumer segments is higher in this market.

Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil

Figure 3: COMPUTER-AIDED DESIGN (CAD) MARKET SHARE BY REGION 2021 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s Computer-Aided Design (CAD) market accounts for the third-largest market share. The region has a strong economy and a high demand for advanced and sophisticated design tools in various industries, including architecture, engineering, and construction. The presence of leading technology companies and favorable government policies are also contributing to the growth of the CAD market in Europe. The region has a high adoption of technology and a well-developed infrastructure, which has led to a high demand for CAD solutions in various industries. Further, the Germany Computer-Aided Design (CAD) market held the largest market share, and the UK Computer-Aided Design (CAD) market was the fastest-growing market in the European region.

In North America, the Computer-Aided Design (CAD) market, is its largest market. North America is considered to be a surging market with high demand for Computer-Aided Design (CAD) solutions. The region is home to some of the world's largest and most advanced industries, including architecture, engineering, and construction, which have a high demand for advanced and sophisticated design tools. Additionally, the presence of leading technology companies in the region and favorable government policies are contributing to the growth of the CAD market in North America. The region also has a high adoption of technology and a strong economy, which has led to a high demand for CAD solutions in various industries. Moreover, the U.S. Computer-Aided Design (CAD) market held the largest market share, and the Canada Computer-Aided Design (CAD) market was the fastest-growing market in the north America region.

Computer-Aided Design (CAD) Key Market Players & Competitive Insights

Major market players are spending a lot of money on R&D to increase their product lines, which will help the Computer-Aided Design (CAD) market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Computer-Aided Design (CAD) industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Computer-Aided Design (CAD). With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Computer-Aided Design (CAD) industry must offer affordable products.

Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Computer-Aided Design (CAD) industry to benefit customers and expand the market sector. The Computer-Aided Design (CAD) market has recently given medicine some of the most important advantages. Major Computer-Aided Design (CAD) market players, including Autodesk, Inc, Trimble Inc, Dassault Systèmes, Bentley Systems, Incorporated, PTC, Siemens PLM Software, Encore Software, Hexagon AB, lectra, CAD International, Graebert GmbH, Corel Corporation, SmartDraw, LLC, ZWSOFT Co., Ltd, Gstarsoft Co., Ltd, and others, are attempting to increase market demand by funding R&D initiatives.

Autodesk, Inc. is a leading American software company that provides design and engineering software solutions to various industries, including architecture, engineering, construction, and manufacturing. Autodesk's portfolio of products includes AutoCAD, Revit, 3ds Max, and Inventor, among others. The company's software is used by professionals in various industries to design, visualize, simulate, and analyze products and structures. Autodesk operates on a subscription-based business model, offering its software through cloud-based and on-premise deployment options.

Trimble Inc. is an American technology company that provides innovative solutions for the engineering and construction industries. Trimble's portfolio of products includes GPS and GNSS systems, laser scanning and imaging systems, construction software and hardware, and geospatial and mapping solutions. The company's solutions are used by professionals in various industries to plan, design, construct, and maintain infrastructure projects. Trimble operates in several segments, including Building and Construction, Geospatial, and Transportation, among others.

Key Companies in the Computer-Aided Design (CAD) market include

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  Autodesk, Inc

  
  


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  Trimble Inc

  
  


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  Dassault Systèmes

  
  


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  Bentley Systems, Incorporated

  
  


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  PTC

  
  


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  Siemens PLM Software

  
  


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  Encore Software

  
  


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  Hexagon AB

  
  


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  Lectra

  
  


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  CAD International

  
  


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  Graebert GmbH

  
  


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  Corel Corporation

  
  


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  SmartDraw, LLC

  
  


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  ZWSOFT Co., Ltd

  
  


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  Gstarsoft Co., Ltd among others

  
  

Computer-Aided Design (CAD) Industry Developments

February 2021: Lectra company announced the plan to acquire Gerber technology to expand its market

April 2021: Autodesk announced that it has acquired Upchain, a Toronto-based startup that offers a cloud-based product life cycle management (PLM) service.

Computer-Aided Design (CAD) Market Segmentation

Computer-Aided Design (CAD) Technology Outlook

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  3D

  
  


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  2D

  
  

Computer-Aided Design (CAD) Component Outlook

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  Solution

  
  


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  Services [Installation, Training and Implementation, System Integration and other Support Services]

  
  

Computer-Aided Design (CAD) Deployment Mode Outlook

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  Cloud

  
  


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  On-Premise

  
  

Computer-Aided Design (CAD) Regional Outlook

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  North America

  
  

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  US

  
  


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  Canada

  
  

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  Europe

  
  

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  Germany

  
  


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  France

  
  


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  UK

  
  


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  Italy

  
  


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  Spain

  
  


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  Rest of Europe

  
  

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  Asia-Pacific

  
  
  
  
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    China

    
    
  
  
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    Japan

    
    
  
  
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    India

    
    
  
  
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    Australia

    
    
  
  
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    South Korea

    
    
  
  
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    Australia

    
    
  
  
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    Rest of Asia-Pacific

    
    
  
  
  
  


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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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    Africa

    
    
  
  
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    Latin America