Lewes, DE -- (SBWire) -- 11/19/2015 --Report forecast the CAD market in the aerospace and defense industry in EMEA to grow at a CAGR of 4.50% over the period 2014-2019.
CAD is an effective and efficient tool for modeling and designing products and components with ease and accuracy. This tool helps end-users, such as engineers, architects, and other design professionals, to prototype their products digitally before production and draft industry-specific products to enhance the overall quality of products. CAD solutions are widely adopted by several industries such as automotive, aerospace and defense, industrial machinery, electrical and electronics, and others.
The report covers the current scenario and the growth prospects of the CAD market in the aerospace and defense industry in EMEA for the period of 2015-2019.
To calculate the market size, the report considers revenue generated from the following:
- Sales of CAD software license
- Services
New software licenses revenue is realized from the fee earned by vendors by providing CAD software to end-users. CAD software license revenue includes both perpetual and periodic licenses/subscription. The report presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the CAD market in the aerospace and defense industry in EMEA.
CAD Market in the Aerospace and Defense Industry in EMEA 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers in the market is the increasing demand for commercial aircraft in EMEA. In the next 20 years, the demand for new commercial aircraft is expected to be over 2,000 from the Middle East and over 7,000 from Europe. Africa also is expected to create a demand for nearly 1,000 aircraft in the next 20 years. This increased demand has boosted the manufacturing and design of new aircraft models by companies like Airbus and Boeing, which is expected to drive the CAD market in the industry.
Key region
- EMEA
Key players in the CAD Market in the Aerospace and Defense Sector in EMEA: Autodesk, Dassault, PTC and Siemens
Other Prominent Vendors in the market are: 3D Systems, Cadonix, Graebert, IMSI, IronCAD, Mentor Graphics, Oracle, Robert McNeel, Schott Systeme, and Tebis.
Key market driver
- Demand for commercial aircrafts
- For a full, detailed list, view our report
Key market challenge
- Software piracy
- For a full, detailed list, view our report
Key market trend
- Shift toward 4D models
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 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?
Spanning over 99 pages "CAD Market in Aerospace and Defense in EMEA 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, PLM solutions overview, PLM cost breakdown, History of CAD, CAD present scenario, CAD future scenario, Revenue realization of original CAD solution providers, CAD software cost breakdown, Market landscape, Five forces analysis, Product segmentation, Geographical segmentation, Europe, Middle East, Africa, Market drivers, Market challenges, Vendor landscape, Key vendor analysis, Appendix.
Find more information Visit at: http://www.marketresearchreports.com/technavio/cad-market-aerospace-and-defense-emea-2015-2019
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